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NEWS
 
New call for cut in UK fuel duty
February 17, 2012

The UK Freight Transport Association (FTA) has called on the Chancellor to cut fuel duty by at least 5p per litre and scrap the increase planned for August.

In its pre-Budget submission to the Treasury, the FTA argues that this could save consumers and businesses £3.6 billion and prove a vital shot in the arm for the UK’s ailing economy.

Following sustained and concerted lobbying by the FTA and its partners in the Fair Fuel UK campaign, the last Budget saw two planned increases in fuel duty deferred and an unprecedented cut in fuel duty of 1p…  Read more

Strike threat to French air cargo lifted
February 17, 2012
The threat of further strike action in France’s air transport sector this month has been lifted. Four days of industrial action that disrupted Air France schedules last week saw the national carrier reportedly taking a hit of up to €40 million in lost ...  Read more
Record-breaking month at Los Angeles
February 17, 2012
The port of Los Angeles has reported its best January since the recession, moving more cargo containers than all but eight other US ports usually move in an entire year. The trade numbers from San Pedro Harbor also showed the increasing importance of e...  Read more
Florida operator builds intermodal hub
February 10, 2012
Florida East Coast Railway (FEC) is to develop an intermodal hub at Port Everglades. The intermodal container transfer facility (ICTF), which will become operational at the beginning of 2014, will allow freight to move more efficiently around the south...  Read more
Box price data shows drop on Asia-Europe trade
February 10, 2012
The price of exporting containers from Europe to Asia fell two index points in December, while prices in the opposite direction fell even further, according to December’s monthly figures from Container Trade Statistics. In volume terms, however, every ...  Read more
French air strike ends but issue not resolved
February 10, 2012
The four-day strike by French air transport workers ended yesterday with a warning that more action may follow. The stoppage was in protest at a government bill that would oblige every worker in the air transport sector to make a personal declaration o...  Read more
More pilots join French air strike
February 07, 2012
The impact of a four-day strike by French air transport workers, led by pilots, looked set to worsen today. The strike, which began yesterday, is in protest at a government bill which would oblige every worker in the sector to make a personal declarati...  Read more
China rebels against ETS, warns of 'trade war'
February 07, 2012
China has banned its airlines from joining the EU Emissions Trading Scheme (ETS) aimed at cutting carbon emissions. The ban comes just weeks after the China Air Transport Association said its members did not support the ETS. China claims the scheme ...  Read more
Shippers slam liner rate hikes
February 07, 2012
Dutch shippers organisation EVO has slammed the latest round of freight rate hikes on Asia-Europe trades. Given the significant over-capacity in both vessels and containers, EVO finds the near-universal rise in rates “illogical” and suggests the new pr...  Read more
Expert's warning on low box rates
January 30, 2012
Analysts at maritime consultant Drewry say a recent rally on east-west container rates will quickly recede, but that prices will rise rapidly in H2 if cash-strapped carriers start slashing capacity. Container freight rates on east-west trades have rall...  Read more
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