Airbus SAS, the European maker of commercial aircraft, predicted airlines will buy planes valued at $4.4tr in the next two decades, driven by demand in India and China and global growth among low-fare airlines.
Results published by the Canadian General Freight Index (CGFI) indicate that the four-month moving average total cost of ground transportation for Canadian shippers decreased by 0.85 percent in July when compared with June results.
For the first time ever, a bulk carrier is using the Northwest Passage as a transit trade lane, when transporting coal from Vancouver in Canada to Finland. The historic transit is shorter than traditional shipping routes and will not only save time, fuel and CO2, but also increase the load of cargo with 25 percent compared to the Panama Canal. Nordic Bulk Carriers A/S, the Danish pioneer, is once again behind the new business adventure.
Spot market freight volumes reported by the DAT North American Freight Index rose 0.4 percent in August compared to July. Freight typically peaks on the spot market in June, but this year the robust volumes continued through the entire summer.
Worldwide perishable reefer trade increased by 52.1 million tonnes between 2002 and 2012, which represents a combined annual growth rate of 3.6 percent, according to Drewry's latest Reefer Shipping Market Annual Review and Forecast.
Seaborne perishable reefer cargo has increased by a CAGR of 3.3 percent (25.6 million tonnes) from 66.8 million tonnes in 2002 to 92.4 million tonnes in 2012.
CaroTrans, a global non-vessel operating common carrier and ocean freight consolidator, has launched a direct weekly export service, handling both less-than-containerload (LCL) and full-containerload (FCL) cargoes, from Houston to Rio de Janeiro, Brazil.