HIGHLIGHTS
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Air cargo demand grows for 16th consecutive month
January 9, 2025 - The International Air Transport Association (IATA) reported that global air cargo markets expanded for the 16th...
BIMCO: Containership order book hits new record high of 8.3M TEU
January 8, 2025 - At the end of 2024, the container ship order book was 8.3 million Twenty-foot equivalent units (TEUs), a new record...
E-commerce, frontloading drive November volume growth for APAC airlines
January 6, 2025 - Airlines in the Asia Pacific region recorded another month of cargo growth in November, driven by a continued rise in...
Port of Tanjung Pelepas surpasses 12M TEUs in 2024, a first in Malaysia
January 3, 2025 - The Port of Tanjung Pelepas (PTP), the joint venture between Maersk's APM Terminals and Malaysia's MM...
Shanghai airports record 11% cargo increase in 2024
January 3, 2025 - Shanghai airports, including Pudong International Airport and Hongqiao Airport, experienced a double-digit increase in...
Maersk Air Cargo starts Billund-Zhengzhou airfreight route
January 6, 2025 Maersk Air Cargo has launched a new cargo route between Denmark's Billund Airport and China's Z...
PSA Singapore hits record-breaking annual throughput of more than 40M TEUs
December 27, 2024 PSA Singapore (PSA) reached a significant milestone, handling over 40 million Twenty-foot Equivalent Units (TEUs) by...
Shippers embrace painful start to 2025 as Transatlantic air cargo spot rate spiral 100%
December 23, 2024 The Transatlantic air cargo market has seen skyrocketing rates during peak season which puts it back in the spotlight...
WorldACD: Tonnages and rates begin dropping after strong Q4 peak
December 23, 2024 Air cargo's strong seasonal fourth quarter (Q4) appears to have peaked, with tonnages and rates dropping slig...
FedEx Freight spin off to form largest LTL carrier
December 20, 2024 FedEx Freight will become a separate company after FedEx Corp. announced its plan on December 19 to spin off the FedEx...
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