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In this week’s News in Brief, we look at the latest developments shaping global shipping and air cargo, from growing port congestion concerns to shifting capacity and geopolitical uncertainty.
The Loadstar managing editor Gavin van Marle joins us fresh from the World Ports Conference in London to discuss the key talking points from the event, the latest concerns around potential disruption at the Los Angeles and Long Beach ports, and what the return of container services to the Suez Canal could mean for shipping rates and congestion. We also examine why the transpacific trade remains so lucrative for carriers.
Then, new TIACA director general Mammen Tharakan joins us to discuss the air cargo market, including tight capacity and strong demand on the transpacific, the potential impact of returning Middle Eastern capacity, and how ongoing instability around the Strait of Hormuz is affecting market confidence and contracting decisions.
From port disruption and Suez transits to the air cargo capacity crunch, we bring you up to speed on the stories driving the freight industry this week.
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