HIGHLIGHTS
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Schedule reliability drops again in January amid ongoing Red Sea crisis
March 4, 2024 - Shipping schedule reliability remained on a downtrend in January as challenges in the ocean continued to weigh on the...
Kuehne+Nagel to acquire City Zone Express to strengthen APAC cross-border offering
March 1, 2024 - Kuehne+Nagel has entered into an agreement to acquire City Zone Express, a subsidiary of Chasen Holdings Ltd., a...
Cathay Cargo Terminal enables ePayments through PayCargo
March 1, 2024 - Cathay Cargo Terminal has become the first air cargo terminal in Hong Kong to introduce a business-to-business (B2B)...
AAPA: 2024 looks broadly positive for Asian carriers; cargo off to a strong start
February 29, 2024 - Asia Pacific airlines are off to a solid start in January, according to a new report by the Kuala Lumpur-based...
CMA CGM Group completes acquisition of Bolloré Logistics for €4.850B
February 29, 2024 - The Bolloré Group and the CMA CGM Group have announced the completion of the sale of 100% of Bollor&a...
OCEAN Alliance announces extension for another 5 years to 2032
February 27, 2024 The OCEAN Alliance — whose members are CMA CGM, COSCO Shipping, Evergreen Line, and Orient Overseas Container Line...
European Commission approves CMA CGM takeover of Bolloré Logistics
February 27, 2024 The European Commission (EU) has approved, under the EU Merger Regulation, the proposed acquisition of Bollor&#...
BIMCO: Cargo volumes in Red Sea area drop 21% due to attacks on ships
February 27, 2024 Cargo volumes to and from ports in the Gulf of Aden and the Red Sea have fallen by double-digits in the first few weeks...
Walsh: Aviation industry to grow slower, but APAC to lead growth
February 26, 2024 The aviation industry is poised for growth in the next 20 years, albeit at a slower pace than the previous decades, as...
Unprecedented shipping disruptions raise risk to global trade, UNCTAD warns
February 23, 2024 Recent attacks on commercial vessels in the Red Sea have severely affected shipping through the Suez Canal, adding to...
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