HIGHLIGHTS
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Hong Kong implements incentive program to attract more flights at HKIA
July 16, 2024 - Airport Authority Hong Kong (AAHK) has introduced a new programme to provide incentives for airlines to open more...
US commission halts progress of Gemini Alliance
July 12, 2024 - The US Federal Maritime Commission (FMC) has requested additional information regarding the Gemini Alliance agreement...
SATS, SF Group sign MoU to drive global expansion
July 16, 2024 - Singapore-headquartered SATS Ltd (SATS), the world's largest provider of air cargo handling services, has sign...
Air cargo operations hit by global IT outage
July 19, 2024 - Global air cargo operations took a hit from the recent tech failure caused by a Microsoft IT outage triggered by cyber...
Port congestion in Singapore improves, but Red Sea-related challenges remain
July 11, 2024 - PSA Singapore (PSA) said congestion issues at the port triggered by the ongoing Red Sea crisis have improved, with wait...
Sea-Intelligence notes growth in non-alliance services
July 9, 2024 The initial disruptions to global supply chains triggered by the pandemic had a profound impact on non-alliance...
Global volumes rise again in June as market indicates ‘hot Q4’ for air cargo rates
July 8, 2024 The global air cargo market is heading towards a ‘hot Q4’ of rate increases after a sixth straight month of...
WorldACD: Tonnages up 12% in the first half of 2024
July 5, 2024 Global air cargo tonnages were up by 12% in the first half of 2024 compared with the equivalent period last year,...
Spot market rates unlikely to reach pandemic highs, but industry response critical
July 5, 2024 As ocean freight container shipping spot rates continued to spike dramatically in July amid persisting supply chain...
Hong Kong notes continued growth in air cargo driven by e-commerce boom
July 5, 2024 Hong Kong International Airport (HKIA) said cargo volumes continue to bounce back, driven by a strong e-commerce...
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