HIGHLIGHTS
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1600x960_24613-colomboport3 East Mediterranean hubs suffer as Red Sea crisis persists
March 27, 2024 - The re-routing of mainline vessels via the Cape of Good Hope has resulted in a steep downturn in vessel call capacity...
E-commerce demand drives Asia Pacific air cargo growth in February
March 26, 2024 - Asia Pacific airlines continued to record air cargo growth in February, with e-commerce demand driving the expansion,...
Shipping lines recorded highest combined Q4 EBIT loss in over a decade
March 26, 2024 - Shipping lines recorded a combined EBIT loss of US$1.44 billion in the fourth quarter of 2023, according to...
Drewry: Gemini’s strategy relies heavily on hub port performance
March 25, 2024 - The Gemini cooperation agreement between Maersk and Hapag-Lloyd will rely heavily on a small number of transhipment...
Cathay sets new 2030 carbon intensity target in support of its 2050 net-zero goal
March 25, 2024 - Cathay Pacific is stepping up its efforts to help decarbonise the aviation industry, as it sets a new target to improve...
Global trade expected to rebound in 2024 but supply chain woes could escalate
March 22, 2024 After facing declines over several quarters, international trade is poised for a rebound in 2024, according to the...
Voting is now open for the 2024 AFLAS Awards
March 31, 2024 Voting for the 2024 Asian Freight, Logistics and Supply Chain Awards (AFLAS Awards), organized by Asia Cargo News, is...
Photo by Andy Li on Unsplash Ocean shipping's 2023 profitability close to pre-pandemic levels
March 22, 2024 Ocean liners saw a decline in revenue last year due to excess capacity, but figures indicate a return to pre-pandemic...
UPS continues growth investments in Asia Pacific with new Philippines hub
March 21, 2024 UPS is pushing through with its expansion in the Asia Pacific as it announced a new hub in the Philippines. The hub —...
Hong Kong maintains double-digit cargo growth in February
March 21, 2024 Hong Kong International Airport (HKIA), the world's busiest cargo hub, continued to record double-digit air c...
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