202308211400 NYK has acquired a 25% stake in a car terminal located in Indonesia
NYK, a Japanese shipping company, has purchased a 25% stake in an automotive terminal located in Subang Regency, West...
CMA CGM acquires two terminals at Port of New York/New Jersey
The Port Authority of New York and New Jersey announced that its Board of Commissioners voted to amend existing leases...
Airforwarders warn of airfreight volume crunch driven by lack of ocean capacity
Airforwarders Association (AfA) said forwarders must prepare for an airfreight volume crunch driven
SC Ports record year-on-year cargo decline but imports grew 12%
South Carolina Ports (SC Ports) reported lower container volumes in July compared to the same period in 2023, which it...
ZIM restructures its Oceania trade services
ZIM Integrated Shipping Services Ltd. (ZIM) has announced a restructuring of its existing services to Oceania (CAX, TFX...
HSBC: Liner margins likely to erode further in H2, but remain profitable
The Shanghai Containerised Freight Index (SCFI) decreased by 1.2% w-o-w after gaining for three weeks in a row....
DHL Supply Chain names Javier Bilbao as new Asia Pacific CEO
DHL Supply Chain has announced a change in its regional management as Terry Ryan, CEO of DHL Supply Chain Asia Pacific,...
C.H. Robinson says ocean freight capacity poised for growth
C.H. Robinson said ocean freight capacity is forecasted for growth. The global logistics company noted that overall,...
VICT seeks to expand reefer capacity by 43%
Victoria International Container Terminal (VICT), International Container Terminal Services, Inc.'s (IC...
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Ocean carries blast passage of Ocean Shipping Reform Act as Biden signs bill
Ocean carriers hit the narrative being pushed by the United States (US) government in pushing the
Demand beginning to recover in Shanghai but capacity surplus driving rates down
Demand is beginning to recover and production is starting to pick up in China after a months-long
The proliferation of Airbus A321neo and Boeing 737MAX aircraft is seeing these planes increasingly flying on routes where traditionally widebodies like the Boeing 767 have been used, removing bellyhold space and putting pressure on air freight capacity.
War, e-commerce place pressure on air freight capacity
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