Amid demand for goods skyrocketing as lockdowns cease, putting global supply chains under severe strain, the shipping sector is making the most money since 2008, reports Bloomberg.  It now costs $14,287 to haul a 40-foot steel box from China to Europe. That’s up more than 500% compared to a year earlier according to the financial analysis.

Shipping companies generate highest earnings since 2008

The number of freight trains completing the China-Europe route in 2021 had already hit the milestone of 10,000 at the end of August, says China's State Railway Group.

More than 10,000 freight trains between Europe and China in just 8 months

A long-established road transport company based near Huntingdon says it has received a string of invoices and threats of court action from European hauliers relating to contracts of which it has no knowledge whatsoever. The company decided to confront the fraud.

Cambridge road transport firm confronts haulage fraud

CEO fears there may be a shortage of carriers. Will there be problems supplying shops in Europe?

Shipping companies generate highest earnings since 2008

More than 10,000 freight trains between Europe and China in just 8 months

Cambridge road transport firm confronts haulage fraud

CEO fears there may be a shortage of carriers. Will there be problems supplying shops in Europe?

Word has it DB Schenker is up for sale – could DSV create a real logistics giant?

Additional 8.6m sq m of warehouse space needed in Europe to meet parcel delivery demand

Road freight rates go up in Q1 2021. See on which routes the most

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Logistics executives concerned about rebound in 2021

The road transport sector is expected to grow next year. Who shall gain the most?