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Industry News

News articles are listed below, for more detail simply click the title. To see Archive, BIFA or Industry news use the menu options on the left. You can have news articles delivered directly to you as an RSS feed by clicking the RSS Icon above.

Note to media: If you wish to use/report items tagged as 'BIFA News' that are older than 1 month, please get in touch to ensure that the press release in question still reflects the current circumstances. Contact us.

Current news are those articles from the last 3 months. Archive news are those articles more than 3 months old. To see articles with a specific tag simply click the tag in the panel on the left.

Staffordshire rail freight hub plans approved by government

Mon. 11 May 2020
Plans to build a new rail freight hub on land off the M6 in Staffordshire have been given the go-ahead by the government.

International Transport Forum warns governments to be careful bailing out debt-laden carriers

Wed. 6 May 2020
The International Transport Forum (ITF), which works under the auspices of the Organisation for Economic Co-operation and Development (OECD) in Paris, is set to lock horns with the liner community once again, issuing a 10-page report on 29 April 2020 cautioning governments from rushing to bail out debt-laden carriers in the coming months.

Airline sector could take three years to recover

Mon. 4 May 2020
Top executives at Emirates and Etihad say 85% of carriers could face insolvency this year without government intervention and passenger demand may not return to pre-crisis levels until 2023.

Global e-Commerce hits $25.6 trillion – latest UNCTAD estimates

Wed. 29 Apr 2020
E-commerce sales hit $25.6 trillion globally in 2018, up 8% from 2017, according to the latest available estimates released today by the UN’s trade and development body, UNCTAD, at the start of its UNCTAD eWeek event.

Immediate and severe air cargo capacity crunch

Tue. 28 Apr 2020
The International Air Transport Association (IATA) released data for March air cargo performance demonstrating a severe capacity shortfall.

Trade lane capacity reductions

Tue. 28 Apr 2020
East/West head haul capacity down 17% YoY in May; global trade capacity for H1 2020 already cut by 12.9% YoY.

World’s biggest containership unveiled by HMM

Mon. 27 Apr 2020
Hyundai Merchant Marine’s (HMM) has recently unveiled the biggest container ship in the world.

Cargo crimes in EMEA top 8,548 incidents worth to US$152 million

Mon. 27 Apr 2020
Cargo thefts from supply chains in Europe, the Middle East and Africa (EMEA) doubled last year to 8,548 incidents and involved product losses of EUR137 million (US$152.22 million). According to the Transported Asset Protection Association (TAPA), the incident rate is the highest recorded in the body's 23-year history.

Container shipping capacity down 9% in April

Fri. 24 Apr 2020
New analysis conducted by Danish maritime intelligence company eeSea has revealed the quick drop in shipped container volumes brought about by the spread of coronavirus. Container shipping capacity is down 9% for this month and 11% of next month’s sailings have been blanked.

Threat of another ‘Hanjin’ grows

Thu. 16 Apr 2020
Shippers and forwarders are increasingly concerned over counterparty risk, as a new study finds that a number of the world’s leading container lines face a ‘very high’ risk of potential insolvency.

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