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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
Credit: AIRBUS
CMA CGM is seeking eight A350 freighters for its aircraft fleet.
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