HIGHLIGHTS
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Credit: FLICKR.COM/DONAL MORRISSEY Korean Air expects weak air cargo demand, lower rates in Q3 2023
August 2, 2023 - Korean Air is expecting air cargo rates to drop in the third quarter on the back of weak demand and increased capacity...
Source: Port of Los Angeles Xeneta: Global long-term shipping rates sank to a two-year low in July
July 31, 2023 - Long-term ocean freight rates hit a two-year low in July, according to Xeneta, just as record new levels of ships enter...
Source: Port of Prince Rupert Authority Canada dockworkers union reach negotiated deal with employers averting strike
July 31, 2023 - Canadian dock workers' union and their employers have reached a tentative labour deal once again after ear...
Source: Incheon International Airport Incheon Airport’s new chief executive sets sight on cargo development
July 28, 2023 - The newly appointed chief executive officer of Incheon International Airport, Lee Hak-jae, is making cargo development...
Source: Singapore Changi Airport AAPA: Easing of shipping rates further dampen air cargo volumes in Asia Pacific
July 27, 2023 - Asia Pacific airlines recorded another cargo volume slowdown in June as global trade remained muted, and the easing of...
Source: Panama Canal Authority Panama Canal to reduce daily vessel transits due to drought
July 27, 2023 The Panama Canal Authority (ACP) said it would reduce daily vessel transits in the major waterway from July 30, 2023,...
Source: Los Angeles World Airports (LAWA) Los Angeles International Airport (LAX) embarks on new cargo project
July 26, 2023 Los Angeles International Airport (LAX) is moving ahead with its planned development of cargo facilities that are set...
Source: Brussels Airport IATA wants proposed night flight ban at Brussels airport scrapped
July 26, 2023 The International Air Transport Association (IATA) hit the proposed ban on night flights at Brussels Zaventem airport....
Source: One Air Maiden flight of UK's newest all-cargo airline takes off — second freighter to be added
July 26, 2023 Britain's new all-cargo airline, One Air, has completed its inaugural Boeing 747-400 freighter flight, operati...
Credit: DHL Group DHL Group to acquire Turkish parcel delivery provider MNG Kargo
July 25, 2023 DHL Group has signed an agreement to acquire 100% of Turkish parcel delivery company MNG Kargo Yurtiçi ve Yurt...
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