Container spot rates in retreat as 'gung-ho' carriers jockey for market share The Shanghai Containerized Freight Index (SCFI) lost a cumulative 2.8% this week as container spot rates on the transpacific and Asia-South America trades went into retreat. The SCFI’s comprehensive index is 7.2% below the level of a year ago, despite
Month: June 2018
Nigerians Buying Petrol at 41.3% Less of Actual Cost – Government
The actual price of Premium Motor Spirit, PMS, also known as petrol, climbed to N205 per litre, according to documents obtained from the Petroleum Products Pricing Regulatory Agency (PPPRA), Vanguard newspaper reported According to the documents from the PPPRA, the price of the commodity appreciated by 8.47 percent from N189 per
How Pilot landed plane after co-pilot was ‘sucked halfway’ out cockpit window
The Chinese pilot, Liu Chuanjian, was awarded the five million yuan and the title of “hero captain of China’s civil aviation.” (Courtesy of ChinaDaily) ...pilot awarded $777,912 for his heroism A pilot of Sichuan Airlines, Liu Chuanjian, Chuanjian was operating one the Chinese airline's flight to Lhasa, the capital of Tibet, on May 14 when
UPS expanding LCL ocean offering
The parcel carrier and third-party logistics provider is adding direct sailings in 130 trade lanes covering Asia, Latin America, Africa, Europe, the United States, the Caribbean and the Middle East. UPS is significantly expanding its less-than-container-load (LCL) ocean freight services. The Atlanta-based parcel carrier and third-party logistics provider said in a statement
Forwarders take to dedicated freighter ops, but could trade issues get in the way?
This week, DHL Global Forwarding released news that it is considering launching additional dedicated Asia-Pacific freighter routes, according to an interview with the forwarding’s giant’s U.S.-division CEO in Air Cargo News. DHL currently employs Atlas Air to operate 747 freighters that service its Shanghai Pudong International Airport (PVG) to Cincinnati/Northern Kentucky
London Heathrow expansion plans move forward, Brexit tensions stew
Uber wants to patent a way to use AI to identify drunk passengers
Uber may be able to tell when you've had a few too many drinks. The ridesharing giant has explored identifying drunk passengers with artificial intelligence, according to a patent application published Thursday. With the technology, Uber could better tailor its ride options for customers. The patent application describes a system that learns how you
UPS Teamsters ready to strike as contract end looms
Heeding the Call of Shippers: What 3PLs must know to survive the e-commerce revolution
Nigerian Airlines Record 8,825 Delayed Flights in 3 Months
Domestic airlines operating in Nigeria recorded 8,825 cases of flight delay from January to March, the Nigerian Civil Aviation Authority (NCAA) has said. Statistics released by the Consumer Protection Department of the NCAA shows that 14,633 flights were operated by eight airlines during the period under review, while 208 flights were