ZIM optimistic on EBIT growth in 2023 after decline in the Q4 2022
ZIM Integrated Shipping Services Ltd. (NYSE) is eyeing positive operating income in 2023 amid continuing challenges in...
CMA CGM launches service connecting Bangladesh, India with the Gulf
CMA CGM said it is looking to launch a service that would connect Bangladesh and India with the Gulf citing the growing...
British Airways tails iStock-1264345178 (1)
As airlines have continued to cut international passenger flights, shippers are scrambling to find space on chartered aircraft. Late last year, British Airways announced it would drop 15 long-haul routes, affecting cities including Seoul, Kuala Lumpur, Osaka, Pittsburgh and Calgary.
Scarce belly lift causes run on charters, freighter additions
As belly hold capacity remains short of demand, forwarders feel pressed to line up charters to
Air NZ Cargo to offer capacity with CargoAi
Air New Zealand (NZ) Cargo has become the first Australasian carrier to offer its capacity on the digital marketplace...
DHL Group and Poste Italiane ink deal for international parcel market
Deutsche Post DHL Group (DHL) and Poste Italiane S.p.A. (Post Italiane) have signed a multi-year partnership in the...
IndiGo expands focus on cargo business with new appointment
IndiGo has further strengthened its cargo business by appointing Mark Sutch as chief commercial officer for CarGo...
Boeing sets-up first Boeing freighter conversion line in India
Boeing has announced an agreement with GMR Aero Technic to establish a new Boeing Converted Freighter (BCF) line in...
WorldACD: Global tonnages rebound while average rates continue to soften
Global air cargo tonnages show signs of rebounding slowly after several weeks of stabilization — still partly driven by...
United Cargo resumes SFO-Hong Kong, and other services to Asia and Europe
United Cargo has announced a new freight connection between New York and Dubai and the resumption of other services...
More Breaking News
Port of Long Beach Reports Busiest February On Record -2021
U.S. ports, including the Port of Long Beach, are facing a relentless surge of imports. Railroads, truck traffic and warehouses are all experiencing a knock-on effect.
U.S. ports continue to struggle with import tsunami
The premier U.S. ocean gateway complex of Los Angeles and Long Beach is seeing no respite from the
UPS 757 tails iStock-584870756
Airlines, including UPS, above, are hanging on to planes that were supposed to be out of service by now, or even reactivated old freighters, to handle a surge in air cargo, a challenge which has only been made worse by a severe lack of bellyhold capacity.
Scramble for freighters has no end in sight
Lufthansa Cargo has been adding Boeing 777-200 freighters to its fleet at the rate of knots. Last
arctic icebreaker iStock-153579222
Major shipping companies have reaffirmed their commitment to avoid the Northern Sea Route amid renewed debates on the merits of using the route on the back of recent events that continue to disrupt the global supply chain.
Major liners reject use of Arctic routes for shipping amid renewed push following the Suez Canal jam
Major shipping companies have reaffirmed their commitment to avoid the Northern Sea Route (NSR)
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