Industry News

Uber Freight to lay off 150

2023-01-27

Uber Freight has announced they are to lay off about 3% of their workforce as demand for shipping services declines. The losses are reported to be limited to its digital brokerage operations that match shippers with truckers seeking to haul cargo.

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Pakistan struggling to pay for imports

2023-01-27

The Pakistan Ship’s Agents Association (PSAA) has warned that all export cargoes could come to a halt as foreign exchange crisis leaves Pakistan struggling to pay for imports. Pakistan’s national reserves of Dollars have fallen due to a combination of political upheaval, natural disasters, inflation and high energy prices. Shipping lines have

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SpaceX launches 51 more satellites

2023-01-27

SpaceX has continued to take the Low Earth Orbit Satellite market by storm after launching a further 51 Starlink satellites into low earth. Although not suitable for all situations, the increase of rapid communications could mean cloud solutions and remote control applications in marine will become more viable.

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