Maritime Industry Grapples With Rising Demurrage Costs

Maritime Industry Grapples With Rising Demurrage Costs

This article analyzes the meaning of "On Demurrage" in voyage charters and its relationship with demurrage charges. Demurrage fees are costs incurred by the charterer for exceeding the loading and unloading period specified in the contract, usually calculated on a daily basis. The contract outlines the conditions for entering a state of demurrage, which varies in terminology across different countries. Additionally, it explores the distinctions between demurrage in voyage charters and container transport.

07/28/2025 Logistics Encyclopedia
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Flexport Enhances Booking Tool for Realtime Shipping Management

Flexport Enhances Booking Tool for Realtime Shipping Management

Flexport has upgraded its booking management tools with a new quota management dashboard. By integrating booking, contract, and carrier data, it provides businesses with a real-time, comprehensive view of quota performance. This tool allows users to monitor freight volumes, identify contract deviations, and perform forward-looking planning. It empowers companies to optimize their ocean freight strategies and reduce supply chain costs by offering data-driven insights into quota utilization and potential areas for improvement.

12/30/2025 Logistics
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Fedex Layoffs Signal Logistics Strain Before Singles Day

Fedex Layoffs Signal Logistics Strain Before Singles Day

FedEx Supply Chain is closing four facilities and laying off over 450 employees due to contract expirations. Facing intense market competition, FedEx needs to innovate its services, improve profitability, and expand its business footprint. This closure highlights the challenges within the logistics and supply chain sectors, requiring companies like FedEx to adapt and strategize for long-term sustainability. The contract losses underscore the importance of securing and maintaining key partnerships in the competitive landscape.

01/19/2026 Logistics
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West Coast Ports Resume Labor Talks to Prevent Congestion

West Coast Ports Resume Labor Talks to Prevent Congestion

The International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) are scheduled to resume negotiations to proactively address contract extensions and prevent future freight congestion at West Coast ports. These talks are critical to global trade stability. Key negotiation points are expected to include wages and benefits, automation, job security, and contract duration. The outcome will directly impact shippers' supply chain efficiency and costs, making a timely agreement essential to avoid disruptions.

01/21/2026 Logistics
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CMA CGM Acquires 3B Ecommerce Logistics Firm for Global Expansion

CMA CGM Acquires 3B Ecommerce Logistics Firm for Global Expansion

CMA CGM has acquired Ingram Micro CLS for $3 billion, strengthening its leading position in logistics and accelerating its e-commerce logistics expansion. This acquisition positions CMA CGM as the world's fourth-largest contract logistics service provider. The move underscores CMA CGM's commitment to expanding its end-to-end logistics solutions and capitalizing on the growing demand for e-commerce fulfillment services. The deal significantly enhances CMA CGM's global reach and capabilities in the contract logistics sector.

02/11/2026 Logistics
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Merlo Airport Boosts Regional Development in Argentina

Merlo Airport Boosts Regional Development in Argentina

Merlo Airport (RLO), also known as Valle del Conlara International Airport, is located in Merlo, San Luis Province, Argentina. As a non-customs airport, it primarily serves domestic air transport, promoting regional economic development. It handles cargo transportation, supports general aviation activities, and contributes to the local tourism industry. The airport plays a vital role in connecting Merlo and the surrounding areas to other parts of Argentina, facilitating trade and travel within the country.

09/29/2025 Airport Codes
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Taif Airport Emerges As Key Aviation Hub in Western Saudi Arabia

Taif Airport Emerges As Key Aviation Hub in Western Saudi Arabia

Ta'if Airport (TIF) is a significant air transport hub in western Saudi Arabia, located in Ta'if, Makkah Province. As a customs and city code airport, it handles important passenger and cargo transportation. It operates several international routes, connecting the Middle East, Africa, and other regions. The airport plays a vital role in promoting local economic development and cultural exchange. Its strategic location and expanding network make it a key gateway for the region.

09/28/2025 Airport Codes
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Tanna Islands White Grass Airport Expands Air Cargo Access

Tanna Islands White Grass Airport Expands Air Cargo Access

Whitegrass Airport (TAH) on Tanna Island, Vanuatu, is a vital transportation hub in Tafea Province. Although a non-customs airport, it plays a crucial role in boosting the local economy and connecting the island to the outside world. Understanding its code and operational characteristics is essential for efficient air transport logistics planning, facilitating trade and tourism. Its significance lies in providing access and supporting economic activities despite its limitations in customs processing.

09/28/2025 Airport Codes
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Global Freight Guide Weight Vs Volume Classifications Explained

Global Freight Guide Weight Vs Volume Classifications Explained

In international freight, the classification of heavy goods, light/bulky goods (also known as chargeable weight), and flat goods significantly impacts shipping costs. This article details these concepts and explains their classification standards based on different transportation modes, including air, sea, and land freight. It also highlights that the actual standards may vary among different companies, requiring specific consultation for accurate assessment. Understanding these distinctions is crucial for optimizing logistics cost management in international trade.

09/26/2025 Logistics Encyclopedia
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