The current market circumstances dictate New Zealand companies are not able to receive the full advantage of shipper-owned containers (SOCs).
Recently published by Hamburg-based Container xChange, the report determined that most freight-forwarders are failing to capitalise on the potential opportunities offered by SOCs.
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Ports of Auckland has installed the world’s largest soil-based vertical garden on its new car-handling building on Auckland’s waterfront.
The issues of container detention (empty hire) charges is an ongoing sore point which affects the relationship between shipping lines, importers, customs agents and freight forwarders, and it has raised its head again.
The industry has navigated the crisis with some skill, but pressure to cut prices is growing.
For a container shipping industry whose fortunes depend on ever greater globalisation, the coronavirus pandemic appears an intimidating enemy.
The $1 trillion container shipping industry is in a slowdown. Literally.
Some shipping lines, whose retail customers are being hammered by the coronavirus pandemic, are reducing sailing speeds and taking longer routes around Africa, avoiding Suez canal passage fees, according to the companies and ship-tracking specialists.
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Shipping lines start sailing at reduced speed — a tactic that absorbs capacity since more vessels are required to provide the same frequency of service. How does it affect you?
New Zealand Post has apologised for the delivery delays many Kiwis have experienced amid Covid-19, explaining why so many packages have taken so long to reach their new homes.
With courier drivers overloaded, orders that are usually delivered overnight are often taking at least two days, and in many cases sometimes even longer.
Work on Auckland Airport’s runway has begun as part of a $26 million project to replace pavement in the main touchdown zone.
Jet-blast fences were be transported onto the runway and 80 workers started work to shorten the airport’s runway by 1.1km in order to replace 280 concrete slabs at the eastern end.
Airfreight through Auckland Airport and around the world plunged in April but imports of some products to this country soared, including goggles, disinfectants and toilet cleaner.
As air travel started grinding to a near-halt, equipment to combat Covid-19 took up limited air cargo space, as footwear, clothing and makeup imports plunged.
Almost every challenge in aviation requires a team effort to solve it. Today we face the biggest challenge in commercial aviation’s history: restarting an industry that largely has ceased to operate across borders, while ensuring that it is not a meaningful vector for the spread of COVID-19.