HIGHLIGHTS
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Hapag-Lloyd completes acquisition of India's J M Baxi Ports & Logistics Limited
April 19, 2023 - Hapag-Lloyd announced that it successfully completed its acquisition of 40% shareholding in India's J M Baxi P...
Robust demand seen for APAC logistics warehousing amid supply shortages
April 19, 2023 - Demand for logistics warehouses across the Asia Pacific is expected to remain "robust" according t...
8141733 PSA expands cargo solutions network in Türkiye with acquisition of Alisan Logistics
April 18, 2023 - PSA International Pte Ltd (PSA) has through its fully-owned subsidiary, PSA-BDP Turkey Supply Chain Solutions Pte Ltd,...
S&P: US containerized shipments at lowest since pandemic
April 17, 2023 - US containerized shipments in March were at its lowest level since the start of the Covid-19 pandemic helping further...
WorldACD: Global demand decline deepens
April 14, 2023 - Worldwide air cargo demand has slipped further into decline after showing tentative signs of stabilizing in the last...
Suez Canal saw revenues rise 35% in Q1 to US$2.3B
April 13, 2023 The Suez Canal reported a 35% jump in revenues for the first quarter of 2023 as the number of ships crossing the...
American Airlines Cargo to increase widebody flights by 400 per month
April 11, 2023 American Airlines Cargo (AA Cargo) has announced its summer schedule this year, with an increase of more than 400...
Projects underway at HKIA to boost air cargo after airport named world's busiest in 2022
April 11, 2023 Hong Kong International Airport (HKIA) welcomed the Airports Council International (ACI) World's recently rele...
WorldACD: Weakening trend continues in air cargo
April 6, 2023 Global air cargo tonnages continued to soften in the last two weeks, with average global rates also dipping slightly...
Hong Kong Airport named world's busiest cargo hub in 2022
April 5, 2023 Hong Kong International Airport (HKG) retained its title as the world's busiest cargo airport in 2022, accordin...
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