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India’s Central Bank Warns Oil Shock Threatens Growth

India’s economy remains resilient to the external shocks, but the oil price surge amid the global supply disruption poses near-term downside risks to economic growth and upside risks to inflation, the Reserve Bank of India (RBI) said in its Annual Report for 2025-26 published on Friday. “Against the backdrop of a moderate global growth, the […]

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‘Pay to play’ is back as shippers face a ‘brutal shipping environment’

Photo: Alptraum, Dreamstime.com 29/05/2026 Forwarders are warning that the recent recovery in spot rates on the transpacific and Asia-Europe trades could see prices rise even more sharply over the next few weeks. High demand combined with tight capacity is now also allowing carriers to push through peak season surcharges on shipments under long-term contracts, and

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Rates spike on horizon as pressures on liner networks tighten

Photo: Dreamstime.com 29/05/2026 Freight rates could spike materially in the coming weeks as the downstream impacts of disruption the world over make their mark, and, once again, it appears carriers will be the beneficiaries of global chaos. Analysing links between freight rates, carrier profits, and the Global Supply Chain Pressure Index, the South African Association

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Sandvik Mining IT achieves ISO/IEC 27001 certification for global application delivery

Published by Jody Dodgson, Editorial Assistant Global Mining Review, Friday, 29 May 2026 12:00 Advertisement Sandvik Mining has achieved ISO/IEC 27001 certification, underscoring its commitment to protecting information assets and ensuring the security, availability, and integrity of mission critical digital business capabilities. The certification

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DHL, FedEx, UPS warn EU parcel tax risks disruption at borders

29/05/2026 DHL, FedEx, and UPS have written to European Union finance ministers calling for a phased approach to the 27-member bloc’s new customs rules for low-value parcels to be introduced this summer. They focus on the abolition of the de minimis rule, the customs exemption currently applied to parcels worth less than €150, which will

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Transhipment rush brings congestion to JNPA’s largest box terminal

29/05/2026 PSA International-operated Bharat Mumbai Container Terminals (BMCT), the largest box terminal at India’s Nhava Sheva Port (JNPA), is taking the brunt of trade complaints of cargo handling delays and gate congestion. Customs house agents at the port claim while there had been substantial improvement at other JNPA terminals, BMCT paints a picture of lackadaisical

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Habib Turki elected next IRU secretary general

Photo: IRU 29/05/2026 Habib Turki (above) was today confirmed as the new secretary general of the International Road Transport Union (IRU), following a vote at the organisation’s annual general meeting in Geneva. He will succeed Umberto de Pretto on 1 August, joining the IRU from the Fédération Internationale de l’Automobile (FIA), where he developed the

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Yang Ming fleet renewal plan ‘on track’ despite Q1 profits fall

29/05/2026 The early peak season will result in high freight rates for Q2 and Q3, but after that, forecasting market conditions will become difficult, according to Yang Ming’s senior management today. During the Taiwanese liner’s AGM, chairman Chuck Tsai Feng-ming said uncertainties arising from the US/Israel-Iran conflict and protectionism would continue to affect the market.

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Conestoga vs flatbed shipping for weather-sensitive cargo

29/05/2026 At first glance, a flatbed and a Conestoga trailer seem to solve the same problem. Both give you open-deck access. Both allow side loading. Both work well with cranes and forklifts. But when cargo cannot be exposed to rain, dust, or road debris, that small structural difference between the two becomes critical. The choice

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