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Custom officials at the port of Rotterdam discovered 2,773 kilos of cocaine within a span of six days, reports NL Times.
Cocaine worth 207m eurosSeven suspects were arrested in relation to the drug findings.
https://mfame.guru/custom-officials-seize-eur-207m-worth-cocaine/
Long-term contracted ocean freight rates are continuing their dizzying ascent, with a 4.1% climb in April leaving container shipping costs up 21.1% year-on-year, with a rise of 23.5% since December 2020. According to the latest market intelligence from Xeneta’s XSI® Public Indices report for the long-term contract market, prices escalated across all major global trade corridors in April, with no immediate relief for shippers in sight. On the contrary, the fallout from Ever Given’s Suez Canal...
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https://www.freightwaves.com/news/daily-infographic:-container-crisis
The many industries that make up the world of freight have undergone tremendous change over the past several decades. Each Friday, FreightWaves explores the archives of American Shipper’s nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories of long ago.
The following is an excerpt from the August 1960 edition of the Florida Journal of Commerce.
An order for 110 special chassis to carry the exclusively designed cargo containers for the Erie &...
Logistics and aviation companies are proving extremely resourceful developing ways to add cargo capacity to an air transport system experiencing severe bottlenecks due to the shortage of freight-capable aircraft.
On Thursday, Germany logistics group DB Schenker announced it has created a virtual airline in partnership with Icelandair to shuttle medical supplies to Europe and the U.S. on passenger planes with seats removed. And giant aircraft manufacturer Airbus said it also has developed a...