HIGHLIGHTS
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Air cargo faces "a year of uncertainties and opportunities" in 2024
January 4, 2024 - Geopolitical uncertainties and the current unpredictability of ocean shipping could boost air cargo demand as shippers...
Bolloré says 2024 a challenging year for air and ocean freight
January 3, 2024 - Bolloré Logistics expects 2024 to be a "challenging year" for the air and ocean freight ma...
Korean Air targets completion of Asiana acquisition in 2024
January 3, 2024 - Korean Air is looking to complete its acquisition of Asiana Airlines this year while admitting that the process — which...
Maersk halts all transits through the Red Sea/Gulf of Aden until further notice
January 2, 2024 - A. P. Moller–Maersk announced that following the December 30 incident involving one of its vessels, Maersk Hangzhou,...
Shippers brace for spiking rates; Maersk, CMA CGM returning to Suez
January 2, 2024 - Widespread carrier diversions away from the Red Sea and Suez Canal to avoid the threat of Houthi attacks are impacting...
Singapore crosses record 3B gross tonnage in annual vessel arrival tonnage
January 2, 2024 The Port of Singapore registered a record three billion gross tonnage (GT) in annual vessel arrival tonnage. The three...
Emirates SkyCargo signals optimism after volumes improve in 2023
December 22, 2023 Emirates SkyCargo is looking ahead to 2024 with optimism after its air freight volumes showed marked growth and...
Source: Reuters Freightos: Red Sea diversions adding 15%-20% in costs for carriers
December 20, 2023 An increase in Houthi missile and drone attacks on ships — including container vessels operated by Maersk, MSC and...
Credit: Shutterstock Copyright: Copyright (c) 2021 heychli/Shutterstock. Cathay reports 20% growth in cargo for November driven by year-end demand
December 19, 2023 Cathay Pacific said its cargo volumes grew by 20.3% year-on-year in November, mainly driven by seasonal sales events...
Deutsche Bahn starts DB Schenker sale process
December 19, 2023 Deutsche Bahn AG has launched the sale process for its logistics subsidiary DB Schenker. The German state rail operator...
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