SATS expands deal with IATA to implement Dangerous Goods AutoCheck
SATS Ltd. (SATS) has signed a three-year agreement with the International Air Transport Association (IATA) to expand...
Manila International Container Terminal welcomes first green ship
Manila International Container Terminal (MICT), the flagship of International Container Terminal Services, Inc. (ICTSI)...
IATA: Air cargo demand marks 6th month of double-digit growth
The International Air Transport Association (IATA) released data for May 2024 global air cargo
Impact of Red Sea diversions hit Europe-Middle East reefer trade hard
The reconfiguration of global supply chain networks following conflict in the Red Sea and unrest in the wider Middle...
DHL Express announces 2025 price adjustments for Hong Kong, Macau
DHL Express has announced its annual price adjustments that will take effect on January 1, 2025. It said that the...
WorldACD: Autumn festivals cause mid-September dip in tonnages from APAC
Global air cargo tonnages dipped by around 3% in week 38 (September 16-22), week on week (WoW), with the declines...
Hainan Airlines Cargo partners with Freightos to expand Europe-Asia capacity
Hainan Airlines (HNA Cargo), a top five airline in China, has partnered with Freightos to offer its capacity to...
Chapman Freeborn appoints Allen Liu new president of Greater China
Chapman Freeborn has appointed Allen Liu as president of its newly expanded operations across Greater China. Since...
Hactl further streamlines its cargo acceptance operations
Hong Kong Air Cargo Terminals Limited (Hactl)—Hong Kong's largest independent handler—has further streamlined...
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S&P: Global trade growth expected to rise to 4.8% in Q4 2024
Supply chain activity growth remained slow at a global level, according to a new S&P Gl
Asia Pacific airlines record continued expansion in cargo demand
Airlines in the Asia Pacific reported another month of cargo growth in May, driven by an
CREDIT: ISTOCKPHOTO/SHARAMAND
Mexico has been one of the major winners of the nearshoring trend that has seen North American and European companies look to diversify their procurement by sourcing a larger portion closer to home. Containerized exports from China to Mexico were up 60% in January. Trade between China and Mexico accelerated from 3.5% growth in 2022 to 34.8% last year.
Mexico soars on nearshoring, flows from Asia
In early May, CMA CGM announced a new trans-Pacific container service for shipments from the
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