The Stifel Logistics Confidence Index for July appears to mirror an uncertain economic environment. Since February of this year, the overall Index has increased one month and then declined the next reaching its high so far this year in May at 57.9. For the current month, the index is up 0.9 points over June to 56.1.

The Container Ship Safety Forum, a global business-to-business network to improve safety performance and management practices in the container shipping industry, has been launched.

Independent specialist advisors Drewry and global forwarder network The WACO System have expanded their cooperation agreement to include exchanging and sharing market intelligence in the air cargo market.

Container shipping companies were urged to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU) with effect from Aug. 1, their organization TSA said on Wednesday.

Despite sanctions, Iran says the number of foreign trade vessels berthing at the country's southern port of Shahid Rajayee has considerably increased.