The Chinese quotient behind the financing of the world’s longest undersea tunnel – To be uploaded The Chinese quotient behind the financing of the world’s longest undersea tunnel The Tallinn tunnel, connecting the Estonian capital with Helsinki, the Finnish capital, has secured funding to the tune of $17 billion. The tunnel will run through the … Read more

Indonesia and Australia sign new free trade agreement Trade ministers from Indonesia and Australia signed a new free trade agreement (FTA), the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA), in Jakarta, Indonesia, on March 4. The are a wide range of beneficial outcomes from the agreement. For instance, the new agreement allows 99 percent of Australia’s … Read more

FreightWaves secures $20 million in Series B funding from corporate and strategic investors FreightWaves closes $20 million Series B funding round FreightWaves, the leading provider of data and news for global freight markets, announced that it has successfully raised $20 million in a Series B financing round, bringing its total funding to nearly $40 million. … Read more

AUSTRALIA ON THE RIGHT TRACK Australia’s National Freight and Supply Chain Strategy is an initiative that was launched by the government in May 2018. The aim of the strategy is to make it easier, quicker and cheaper to move goods and to increase the competitiveness of Australian business.  A large part of the essential freight … Read more

Global logistics giant Toll unveils two new Bass Strait ships Global logistics player, Toll, has officially launched two new roll-on, roll-off (ro-ro) ships for the carriage of trucks and containers across the Bass Strait between mainland Australia and the island of Tasmania. Extra capacity is sorely needed on this growing trade. The first commercial sailing … Read more

Container volumes remain strong, but delays mean fewer overall pickups; drivers also not pleased with new fees for flipping containers. Port of Los Angeles container volumes hit record The Port of Los Angeles finished up a strong 2018 for container moves, and 2019 is starting out strong as well. But the volumes coming through the … Read more

Etihad’s Abdulla Mohamed Shadid on the carrier’s transformation Abdulla Mohamed Shadid, managing director cargo and logistics at Etihad Aviation Group, provides an analysis of 2018 events and a foretaste of 2019 at the the Middle East carrier. The last 12 months have witnessed record yields not seen in our industry in over a decade, combined … Read more

Roadrunner rights offering OKd; Elliott Management likely to end up owning almost all of it Among the carnage in the trucking stocks during the latest stock market collapse, one stock has stood out for its stability: Roadrunner Transportation (NYSE: RRTS) , solidly at a bit above 50 cts per share. That is because last week, … Read more

FLAGSHIP VESSEL ARRIVES TO MARK START OF 2M ASIA-EUROPE SERVICE AT DP WORLD LONDON GATEWAY The Maersk Mc-Kinney Moller arrived at DP World London Gateway today, the first vessel on the AE7/Condor service to call at the port. The flagship Maersk Line vessel, which is 399 metres long and able to hold 18,270 twenty-foot equivalent … Read more