HIGHLIGHTS
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SATS says looking at WFS for possible acquisition but nothing definite
September 21, 2022 - SATS Ltd (SATS) issued clarifications regarding a recent report which announced the company's plan to acq...
IATA raises concerns about Hong Kong's aviation amid ongoing restrictions
September 19, 2022 - The chief of the International Air Transport Association (IATA) has raised concerns about Hong Kong amid persisting...
Suez Canal to raise transit fees for ships by 15% in 2023
September 19, 2022 - Egypt has announced that it will be raising transit fees for ships passing through the Suez Canal by 15% beginning next...
FedEx withdraws full-year guidance as performance fell short of expectations
September 16, 2022 - FedEx Corp pulled back on its profit guidance for the rest of the fiscal year as its performance missed expectations...
US averts rail strike as tentative labor deal reached
September 15, 2022 - The US government has averted a potential railway strike that could have wreaked further havoc on already stressed...
Sea-Intel: Major shipping lines made a combined EBIT of US$41.6B in Q2
September 14, 2022 Major shipping lines recorded a combined EBIT (Earnings Before Interest and Tax) of US$41.6 billion in the second...
E-cigarette land transshipment ban hits Hong Kong's airfreight volumes
September 12, 2022 Regulations regarding the entry of e-cigarettes for transhipment into Hong Kong are impacting air cargo volumes out of...
New cargo airline in Vietnam to be launched by Vietravel Airlines, Asean Cargo Gateway
September 12, 2022 Vietravel Airlines and Asean Cargo Gateway (ACG) have signed an agreement to launch a new cargo airline in Vietnam. The...
Sea-Intel: Empty container problem intensifies
September 8, 2022 The drag caused by empty containers is expected to further intensify before it gets better as additional containers set...
CLIVE: August air cargo data could signal a "better-than-expected" peak season
September 7, 2022 Global air cargo market performance data for August offered a glimmer of hope for volumes in the upcoming peak season...
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