FedEx signs MoU with Guangdong Airport, breaks ground on South China operations center
FedEx Express (FedEx) has signed a Memorandum of Understanding (MoU) with the Guangdong Airport Authority (GAA) to form...
WorldACD: Rates ex-Asia Pacific continue strong rise
Global air cargo tonnages have rebounded more quickly than last year following the annual Thanksgiving holiday in the...
Hong Kong reports 16.4% decline in cargo volumes for 2022
Hong Kong International Airport saw a double-digit decline in cargo volumes for 2022 amid
World Shipping Council calls on IMO for regulations on renewable fuels
The World Shipping Council (WSC) is calling on the International Maritime Organisation (IMO) and energy providers for...
BIMCO: Container freight rates fall to 2019 levels while costs remain high
Container freight rates have fallen to 2019 levels while costs remain high, according to a new report from BIMCO, the...
Freightos: Panama restrictions starting to impact containers
Freightos said in its latest analysis that though rates haven’t responded yet, other signs have started emerging that...
PIL, DP World to jointly develop green solutions for global supply chains
Pacific International Lines (PIL) and DP World have signed a Memorandum of Understanding (MoU) to jointly develop green...
Singapore, Port of LA, Long Beach unveil partnership strategy on green, digital shipping corridor
The Maritime and Port Authority of Singapore (MPA), Port of Los Angeles (POLA) and Port of Long Beach (POLB) have...
SAF volumes growing but still missing opportunities
The International Air Transport Association (IATA) has announced estimates for Sustainable Aviation Fuel (SAF)...
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APAC airlines record another month of cargo decline as market weakness continues
Asia Pacific airlines saw another month of cargo decline in November as demand further declined
WorldACD: No upswing in demand at the start of 2023
Global air cargo tonnages have shown no sign yet of a post-holiday season recovery. In contrast,
Demand remains low; peak in volume before the Lunar New Year unlikely
Air freight demand in North China — which includes Shanghai — remains low ahead of the Chinese New
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