Latest posts
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Oil prices steady on Iran-Oman talks over Hormuz
Oil prices are steady as talks between Iran and Oman on increasing energy flows in the Strait of Hormuz helped ease prices this week. Brent crude, the international standard, climbed 0.5% to $87.36 per barrel.
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MSC blanks transpac sailings as Golden Week puts brake on demand
MSC is blanking two sailings on its Asia-US west coast network as the carrier anticipates weaker demand around and after China’s Golden Week holiday. The Geneva-headquartered carrier announced yesterday: “Due to the anticipated slowdown in demand during and after the Golden Week holiday, MSC is planning to adjust capacity on its Asia to USA west…
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WFS secures cargo handling license at Oslo Airport
Worldwide Flight Services (WFS) has been awarded a cargo handling license at Oslo Airport, expanding parent company SATS’ global network to Norway for the first time. Currently, Menzies and Scan GSE carry out ground handling operations at Oslo Airport. Avinor, which operates 43 airports in Norway – including Oslo, said expanding Oslo Airport’s choice of…
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U.S. disputes Canada’s account of heavy-truck tariff talks
U.S. Trade Representative Jamieson Greer said he was clear that medium- and heavy-duty trucks would be excluded from tariff relief, as officials sparred over which side was responsible for the failure of the talks.
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KOBC container index rises for fourth consecutive week
The KOBC Container Composite Index increased for a fourth consecutive week, reaching 4,506 points on Monday The latest KCCI reading rose by 2.57% from the previous week, according to Korea Ocean Business Corporation, and reported by JIFFA. Mixed performance on major routes The index for the US West Coast increased by 2.74% to 7,095 points.…
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Kuehne + Nagel – Apex chip smuggling investigation hits the wires
“The US government is investigating [Kuehne + Nagel’s] Apex Logistics for its suspected role in smuggling Nvidia Corp AI chips to China” – Bloomberg, 27 August 2026. (Timing sucks?) If you recall, Lawrence Lim wrote for Premium about Kuehne + Nagel’s (K+N) ‘deliberate path‘ to an Apex listing last month. When asked about Premium‘s exclusive…
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Lenovo ramps up regional manufacturing amid chip shortage, tariff risks
The computer maker’s recent moves include doubling capacity at its U.S. manufacturing plant and starting production at its Saudi Arabia campus.
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Hanwha Shipping names first VLCC in new fleet
Hanwha Shipping has held the naming ceremony for Elandra K2, the first vessel in its new fleet. The 320,000 dwt very large crude carrier was built to ABS class at Hanwha Ocean’s Okpo Shipyard. Catherine Sagar, spouse of Hanwha Shipping CEO James Sagar, served as the vessel’s sponsor. First of three VLCCs Elandra K2 is…
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DeepFabric lands Kenco as It scales supply chain agents
DeepFabric has added Kenco to a customer list spanning CPG, medical distribution, fleet management and retail, with 20 agents planned at the 3PL within 12 months. The post DeepFabric lands Kenco as It scales supply chain agents appeared first on FreightWaves.
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FedEx to develop air cargo hub at Delhi’s Indira Gandhi Airport
FedEx has announced plans to develop a fully automated air cargo hub at GMR Cargo City at Delhi’s Indira Gandhi International Airport. Spread across approximately 230,000 sq ft, the integrated air cargo hub is designed to bring international gateway and pickup-and-delivery operations together within a single facility, enabling greater operational efficiency and faster, more seamless…