Korean Air to build urban air mobility hub in Bucheon
Korean Air is investing KRW 1.2 trillion (US$871.8 million) to build a next-generation Urban Air Mobility (UAM) and...
CMA CGM completes Air Belgium acquisition
The CMA CGM Group has completed its acquisition of Air Belgium, increasing its market share in the air freight...
Container rates slip amid signs of overcapacity
Ocean container rates from Asia continued to decline last week, dropping below 2024 lows due to a
Port fo NY/NJ is busiest US port in March
The Port of New York and New Jersey (Port of NY/NJ) was the busiest port in the United States for loaded imports and...
Geodis, Dolfines team up on XXL lifting device for offshore wind
Geodis has signed a cooperation agreement with Dolfines to develop and market a port-based high-capacity lifting device...
WFS, Emirates partner for new cargo handling contract at Frankfurt Airport
Worldwide Flight Services (WFS), a SATS company, has secured a five-year contract to handle cargo for Emirates...
IATA launches information portal for live animal regulations
The International Air Transport Association (IATA) has launched LAR Verify, a digital portal to improve the welfare and...
UNCTAD: Global economic growth may slow to 2.3% amid mounting pressures
The world economy is on a recessionary trajectory, driven by escalating trade tensions and persistent uncertainty,...
Emirates SkyCargo becomes Teleport's cargo partner
Emirates SkyCargo has signed a Memorandum of Understanding (MoU) with Teleport, AirAsia's exclusive cargo part...
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Cathay reports double-digit cargo growth in February
Cathay Cargo reported another month of continuous cargo growth in February, recording an 11.8%
Sea-Intel: Major ocean carriers profitability around US$60B in 2024
Major ocean carriers experienced a significant drop in profitability last year, yet the figure
China, Hong Kong raise concerns over Hutchison Ports deal
China and Hong Kong appeared to have raised concerns about conglomerate CK Hutchison's sal
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