HIGHLIGHTS
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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...
IATA: November air cargo marks strongest year-on-year growth in 2 years
January 10, 2024 The International Air Transport Association (IATA) said global air cargo demand in November marked the "stron...
Asia Pacific airlines saw air cargo demand gather pace for 3rd straight month
January 9, 2024 Asia Pacific airlines reported another month of cargo growth in November, driven by holiday demand towards the end of...
Cathay Pacific's flight cancellations to have "limited impact" on cargo operations
January 10, 2024 Recently announced flight cancellations at Cathay Pacific will have a "limited impact" on the carri...
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