Maersk is attempting to undo weeks of heavy discounting on the Asia-North Europe tradelane with a substantial increase in its FAK rates at the end of the month. 

 

And it warned that other routes “may also be subject to increases” as it reassess rate structures across its network. 

 

Click on the below link to read more. 

 

https://theloadstar.com/maersk-unleashes-shock-and-awe-rate-hike-on-asia-north-europe/ 

 

DP World is investing £12m in eight new straddle carriers to service the ground-breaking new fourth berth at its London Gateway logistics hub. 

 

Click on the below link to read more. 

 

https://www.multimodal.org.uk/article/dp-world-invests-gbp12m-in-fully-electric-straddle-carriers-at-london-gateway?utm_source=feedotter&utm_medium=email&utm_campaign=FO-06-18-2023&utm_content=httpswwwmultimodalorgukarticledpworldinvestsgbp12minfullyelectricstraddlecarriersatlondongateway 

 

DP World is taking the innovative step of directly incentivising customers to move their imported goods off the road and onto rail in a major new initiative, strengthening its ambition to be the most sustainable logistics business in the UK. 

 

Click on the below link to read more. 

 

https://www.multimodal.org.uk/article/dp-worlds-innovative-rail-incentive-to-drive-decarbonisation-of-uk-supply-chains?utm_source=feedotter&utm_medium=email&utm_campaign=FO-06-09-2023&utm_content=httpswwwmultimodalorgukarticledpworldsinnovativerailincentivetodrivedecarbonisationofuksupplychains 

 

All Indian ports along the coastline of Gujarat have halted operations until further notice in the wake of Cyclone Biparjoy heading towards the country’s north-west corridor. 

 

The affected ports are some of the country’s leading container handlers, such as Mundra, Pipavav and Hazira. 

 

Click on the below link to read more. 

 

https://theloadstar.com/cyclone-shutters-already-congested-ports-on-indias-busy-west-coast/ 

 

Container spot rates from Asia to North Europe remained under pressure this week, while transpacific rates have been boosted by potential supply chain issues linked to US west coast industrial action and Panama Canal draught restrictions. 

 

As peak season orders continue to disappoint, the Freightos Baltic Exchange (FBX) Asia-North Europe component slumped 16% in the past seven days, to $1,195 per 40ft, which compares with $10,599 a year ago. 

 

Click on the below link to read more. 

 

https://theloadstar.com/north-europe-rates-still-falling-while-the-transpacific-spikes/ 

 

Ocean carriers constantly reassess network coverage to cope with the impact of demand fluctuations but, post-pandemic, this has translated into widely different trading patterns for the top-ranked lines. 

 

A survey by Alphaliner reveals that, compared with a year ago, most of the top ten carriers have reduced their fleets trading between Asia and North America – MSC in particular having cut the percentage of its tonnage deployed on the transpacific from 16% to just 9%. 

 

Click on the below link to read more. 

 

https://theloadstar.com/major-ocean-carriers-set-their-course-for-more-profitable-routes/ 

 

Next month, 2M partners MSC and Maersk will deploy nine extra vessels on their Asia-Europe services, an injection of capacity in a period of weak demand that may unleash a ferocious race-to-the-bottom freight war on the tradelane. 

 

Click on the below link to read more. 

 

https://theloadstar.com/2m-go-slow-and-massive-capacity-injection-lights-asia-europe-touchpaper/ 

 

DP World has taken another step towards its ambition of becoming the most sustainable logistics business in the UK after the successful trial of new solar energy units at its London Gateway hub. 

 

Click on the below link to read more. 

 

https://www.multimodal.org.uk/article/new-photovoltaic-panels-at-london-gateway-take-dp-world-closer-to-net-zero-goal-in-the-uk?utm_source=feedotter&utm_medium=email&utm_campaign=FO-05-12-2023&utm_content=httpswwwmultimodalorgukarticlenewphotovoltaicpanelsatlondongatewaytakedpworldclosertonetzerogoalintheuk 

 

Stena Line, the Irish Sea’s leading ferry company has announced that it is constructing two new bespoke freight ferries for its expanding Heysham-Belfast freight service. 

 

The multi-million-pound investment will significantly increase freight capacity on the route. 

 

Click on the below link to read more. 

 

https://www.multimodal.org.uk/article/two-new-stena-line-ships-to-boost-heysham-belfast-freight-capacity-by-80?utm_source=feedotter&utm_medium=email&utm_campaign=FO-05-12-2023&utm_content=httpswwwmultimodalorgukarticletwonewstenalineshipstoboostheyshambelfastfreightcapacityby80 

 

The RHA handed in a petition to No10 Downing Street yesterday calling for more safe and secure parking for truckers and coach drivers. 

 

Dozens of MPs have added their voices to a campaign urging ministers to help improve roadside facilities. 

 

Click on the below link to read more. 

 

https://www.rha.uk.net/news/news-blogs-and-press-releases/news-updates/detail/number-10-petition-mps-join-rha-push-for-better-driver-facilities