January 11, 2025
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HIGHLIGHTS
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Xeneta forecasts ocean freight rates are set to rise further in February
January 25, 2024 -
Early indications suggest ocean freight shipping rates are set to increase further in early February amid the ongoing...
DHL Global Forwarding completes acquisition of Danzas AEI Emirates
January 25, 2024 -
DHL Global Forwarding has completed the acquisition of shares in UAE-based forwarder Danzas AEI Emirates, with all...
Reinforced supply chain measures keep APAC outlook upbeat amid challenges
January 24, 2024 -
A recent study commissioned by DP World has found that businesses in the Asia Pacific that are leveraging technology...
Hong Kong reported double-digit cargo growth at the end of 2023
January 22, 2024 -
Hong Kong International Airport (HKIA), the world's busiest cargo hub, recorded double-digit growth in air carg...
Red Sea crisis prompts switch to air cargo to avoid ocean freight disruption
January 19, 2024 -
Retailers are turning to air freight to protect supply chains and keep their products on shelves amid the ongoing...
Hapag-Lloyd to depart THE Alliance; to enter into new deal with Maersk in 2025
January 17, 2024
Hapag-Lloyd AG (Hapag-Lloyd) and A.P. Moller-Maersk (Maersk) have signed an agreement for a new long-term operational...
Ocean rates keep climbing on Red Sea diversions as Lunar New Year approaches
January 17, 2024
Despite US and UK strikes on Houthi positions in Yemen, attacks on Red Sea traffic continued this week both on US naval...
Air France-KLM drops cargo alliance deal with CMA CGM
January 16, 2024
Air France-KLM and container shipping company CMA CGM SA have ended a year-old cargo alliance, citing difficulties with...
Return to annual air cargo rate growth won’t happen until 2025
January 15, 2024
Airfreight rates will see an extended downtrend this year as continued return of passenger services in the market is...
WorldACD notes "uncertain start to 2024"
January 12, 2024
Air cargo tonnages worldwide have continued to decline in the first week of 2024, following the usual drop in the...
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