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...
SATS finalizes funding plan for S$1.8B WFS takeover
SATS Ltd. (SATS) announced that it has finalised its funding plan for the proposed acquisition of
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)...
PSA Sines expands container terminal capacity
PSA Sines announced that two mega Ship-to-Shore (STS) cranes arrived on December 4, which will be added to the 10...
Luxcargo Handling S.A. to take over Luxair’s ramp, cargo gandling activities
Cargolux announced that its wholly-owned subsidiary, Luxcargo Handling S.A., LCH, has been awarded a license for ramp...
Lufthansa Cargo welcomes fourth A321 freighter to its fleet
Lufthansa Cargo announced that it welcomed the fourth A321 freighter to its fleet, making a significant contribution...
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IATA: Traditional peak season boost observed in October but headwinds persist
The International Air Transport Association (IATA) released data for October 2022 global air cargo
While a slump in ecommerce hit FedEx particularly hard in August, the holiday sales forecast from Adobe is more positive, predicting 2.5% growth in sales between November 1 and December 31 this year.
E-commerce outlook darkens
As far as FedEx is concerned, the seemingly unstoppable growth of e-commerce came to a screeching
Brendan Sullivan from IATA WCS London
Brendan Sullivan, global head of cargo at the International Air Transport Association, highlighted the industry’s key priorities to strengthen air cargo at the World Cargo Symposium in London.
IATA calls on industry to focus on net zero emissions goals
The International Air Transport Association (IATA) highlighted its key priorities to strengthen air
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