HIGHLIGHTS
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Flexport: US East Coast ports now handling more cargo than the West Coast
August 26, 2022 - Shipping between Asia and Europe continues to be restricted by ongoing supply chain issues — further dragged by low...
Maersk container manufacturing sale to CIMC dropped due to regulatory issues
August 26, 2022 - A.P. Moller - Maersk (Maersk) announced the termination of a sale deal with China International Marine Containers Ltd....
Bolloré completes acquisition of Lynair Logistics expanding its footprint in Australia
August 25, 2022 - Bolloré Logistics has announced that it completed its acquisition of Lynair Logistics (Lynair) on August...
APAC airlines saw cargo slide further amid worsening economic, geopolitical climate
August 25, 2022 - Asia Pacific airlines saw another month of cargo decline in July as supply chain issues coupled with inflationary...
Cathay Pacific Cargo introduces carbon-offset programme for air freight
August 24, 2022 - Cathay Pacific is introducing its carbon-offset program for its air cargo services. The Hong Kong-based airline said it...
Container prices, leasing rates decrease in China amidst peak season shipping
August 24, 2022 Containerised trade picks up in China to fulfil the demand for the peak shipping season and the container rates have so...
Hapag-Lloyd to upgrade fleet of over 150 ships in the next five years
August 22, 2022 Hapag-Lloyd announced that it is undertaking a fleet upgrade program for more than 150 ships in its fleet in a bid to...
IATA-World-Cargo-Symposium-Homepage-banner IATA WCS to focus on building air cargo resilience beyond Covid-19
August 22, 2022 The International Air Transport Association (IATA) World Cargo Symposium (WCS) 2022 will focus on building resilience...
China’s air cargo traffic "back to normal"
August 18, 2022 China's air cargo traffic has returned to normal recently after posting a V-shape recovery in the first hal...
Asia-Pacific logistics rents to remain elevated for the rest of 2022
August 17, 2022 Rent in logistics warehouses across Asia-Pacific is expected to remain elevated throughout the rest of the year amid...
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