HIGHLIGHTS
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Airforwarders warn of airfreight volume crunch driven by lack of ocean capacity
June 20, 2022 - Airforwarders Association (AfA) said forwarders must prepare for an airfreight volume crunch driven by a lack of ocean...
Ocean carries blast passage of Ocean Shipping Reform Act as Biden signs bill
June 17, 2022 - Ocean carriers hit the narrative being pushed by the United States (US) government in pushing the passage of the Ocean...
Demand beginning to recover in Shanghai but capacity surplus driving rates down
June 17, 2022 - Demand is beginning to recover and production is starting to pick up in China after a months-long lockdown in Shanghai...
War, e-commerce place pressure on air freight capacity
June 16, 2022 - Air freight capacity continues to struggle with headwinds. Disruptions have hampered the recovery of bellyhold capacity...
Hong Kong extends slot-use rule waiver to October
June 16, 2022 - Hong Kong International Airport (HKIA), the world’s busiest cargo airport, is extending its slot-use rule waiver until...
Emirates SkyCargo expects pharma growth to continue beyond Covid-19
June 16, 2022 Emirates SkyCargo continues to transport vaccines and related medical supplies with no letdown as the world recovers...
Ocean carriers record "very strong" US$43.9B operating profit in Q1
June 15, 2022 Shipping lines have carried over its strong performance from 2021, recording a "very strong" operatin...
US passes Ocean Shipping Reform Act
June 14, 2022 The US Congress approved on Monday the Ocean Shipping Reform Act which the American government expects to help ease...
S&P: Dry bulk freight rates seen to remain stable amid steady trade growth
June 13, 2022 Dry bulk freight rates are forecasted to remain stable amid a "limited supply" and steady growth i...
Bolloré opens new warehouse and distribution center in Thailand
June 10, 2022 Bolloré Logistics announced the recent opening of its brand-new warehouse and distribution centre in Thail...
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