HIGHLIGHTS
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Maersk Air Cargo starts Billund-Zhengzhou airfreight route
January 6, 2025 - Maersk Air Cargo has launched a new cargo route between Denmark's Billund Airport and China's Z...
PSA Singapore hits record-breaking annual throughput of more than 40M TEUs
December 27, 2024 - PSA Singapore (PSA) reached a significant milestone, handling over 40 million Twenty-foot Equivalent Units (TEUs) by...
Shippers embrace painful start to 2025 as Transatlantic air cargo spot rate spiral 100%
December 23, 2024 - The Transatlantic air cargo market has seen skyrocketing rates during peak season which puts it back in the spotlight...
WorldACD: Tonnages and rates begin dropping after strong Q4 peak
December 23, 2024 - Air cargo's strong seasonal fourth quarter (Q4) appears to have peaked, with tonnages and rates dropping slig...
FedEx Freight spin off to form largest LTL carrier
December 20, 2024 - FedEx Freight will become a separate company after FedEx Corp. announced its plan on December 19 to spin off the FedEx...
IATA calls for stricter rules on slot regulation to boost capacity
December 19, 2024 The International Air Transport Association (IATA) has warned of the impact of the airport capacity crunch on global...
Port of LA on track to exceed 10M container units this year
December 19, 2024 The Port of Los Angeles (Port of LA) is on track to surpass 10 million container units handled this year — achieving...
Freightos: Trump support for ILA may make strike less likely
December 18, 2024 Incoming US President Donald Trump's recent explicit backing of the International Longshoremen's Ass...
DHL anticipates “chaotic start to 2025” for container shipping
December 16, 2024 A new report from DHL predicts a "chaotic start" for container shipping in 2025 due to ongoing econ...
South Korea to invest US$10B to develop Jinhae New Port in Busan
December 16, 2024 South Korea has announced plans to invest 14 trillion won (US$10 billion) to develop Jinhae New Port, the second major...
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