The rebound in container shipping has caught many operators unaware. While overcapacity was the main problem threatening the sector this time last year, with the oversupply of box ships dragging down container shipping rates, this year has been marked by shortages, particularly those of equipment, with lines faced with a lack of containers. The problem… [Read more]
After slumping by 12% in 2009, the largest contraction of the post-war period, global trade volumes have steadily rebounded in the first half of 2010. Yet, just as the global economic downturn laid bare the inherent chinks in the armour in the world’s financial system, the upturn is exposing a fundamental weakness in another vital… [Read more]
The development of the Airbus A380F air freighter (F denoting freighter) has been put on the back burner, according to Tom Enders, the company’s CEO. BMI’s freight transportation team considers this to be a prudent move, for although the global air freight industry is picking up after its decline in 2009, a slow and steady… [Read more]