air-sea

Singapore eyes rebound in intermodal traffic after 2020 box volume dips

Singapore is looking to enhance intermodal connectivity following a slight dip in container volumes last year.
Terminal operator PSA International reported 36.6m teu throughput at the port, down 0.9% year on year, but in comparison, the group’s international volumes rose 3.7%, to 50m teu.
Tan Chong Meng, PSA group CEO, said: “2021 continues to give us the opportunity to reset and reform, as a business and as individuals. The way companies and …

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https://theloadstar.com/singapore-eyes-rebound-in-intermodal-traffic-after-2020-box-volume-dips/

Cheaper air-sea logistics gaining popularity with Australia’s importers

With no sign of Australia’s international borders reopening, time-sensitive shippers are increasingly turning to air-sea logistics to get cargo into the country.
Typically, shipments from Europe are transported via airfreight to Hong Kong or Singapore, where the cargo is loaded onto a container vessel for the final leg to Australia.
According to Joe Carbone, sales director of Melbourne-based airfreight specialist Magellan Logistics, air-sea solutions have gained traction amid the escalating...

https://theloadstar.com/cheaper-air-sea-logistics-gaining-popularity-with-australias-importers/

DSV Panalpina: Q1 results satisfactory, ‘all things considered’

DSV Panalpina (CPH: DSV) estimated the coronavirus pandemic negatively impacted first-quarter earnings before interest and taxes (EBIT) by about 250 million Danish kroner ($36.6 million) and said it was taking steps to reduce annual costs by DKK 1.4 billion ($205 million).

“When this year started, we were really looking forward to demonstrating the strength of the DSV Panalpina combination,” said Group CEO Jens Bjørn Andersen in the interim financial report for Q1 released Thursday. “The...

https://www.freightwaves.com/news/dsv-panalpina-q1-results-satisfactory-all-things-considered

Sea-air and coastal shipping look more viable for cargo heading down under

Shippers should consider options such as air-sea cargo and coastal shipping to send goods to Australia and New Zealand.
According to CH Robinson, it’s vital to explore a variety of transport modes to keep supply chains moving.
Andrew Coldrey, CH Robinson’s vice president for Oceania, said: “The airfreight market is fluid and changing daily, therefore it may be beneficial for international goods to be transported using both air and ocean shipping.”
Indeed, forwarders …

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https://theloadstar.com/sea-air-and-coastal-shipping-look-more-viable-for-cargo-heading-down-under/

New intra-Asia sea freight services pick up the slack from grounded air capacity

New intra-Asia container shipping services are keeping rates down and competition up, and even picking up the slack for the region’s lack of air cargo capacity.
Carriers have launched services covering South-east Asian ports, Mr Sundara, Asia Pacific ocean freight director at Scan Global Logistics (SGL), told The Loadstar.
“There’s ample space and rates are competitive. Global carriers are utilising space between intra-Asia moves, which is also putting pressure on the region’s niche carriers.”
T...

https://theloadstar.com/new-intra-asia-sea-freight-services-pick-up-the-slack-from-grounded-air-capacity/