HIGHLIGHTS
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SATS shareholders approve WFS acquisition
January 18, 2023 - SATS Ltd. (SATS) announced that its shareholders voted to approve the proposed acquisition of Worldwide Flight Services...
Hong Kong reports 16.4% decline in cargo volumes for 2022
January 16, 2023 - Hong Kong International Airport saw a double-digit decline in cargo volumes for 2022 amid persisting global economic...
APAC airlines record another month of cargo decline as market weakness continues
January 12, 2023 - Asia Pacific airlines saw another month of cargo decline in November as demand further declined amid persisting...
WorldACD: No upswing in demand at the start of 2023
January 12, 2023 - Global air cargo tonnages have shown no sign yet of a post-holiday season recovery. In contrast, last year, there was...
Demand remains low; peak in volume before the Lunar New Year unlikely
January 10, 2023 - Air freight demand in North China — which includes Shanghai — remains low ahead of the Chinese New Year festivities,...
IATA notes mixed signals for cargo as demand drops in November
January 9, 2023 The International Air Transport Association (IATA) released data for November 2022 global air cargo markets showing...
Shanghai Port remains world's busiest container port in 2022
January 6, 2023 Shanghai Port remained the world's busiest container port in 2022, although noting only marginal gr...
Port Houston to impose "Import Dwell Fee" effective February 1
January 6, 2023 Port Houston announced that it would be imposing an "Import Dwell Fee" from February 1 in a bid t...
Vietnam's Bamboo Airways launches cargo airline
January 5, 2023 Vietnam's Bamboo Airways announced the launch of Bamboo Airways Cargo JSC (BAC) on January 3 as it elected ...
A.P. Moller - Maersk completes acquisition of project logistics firm Martin Bencher Group
January 2, 2023 A.P. Moller - Maersk (Maersk) has announced the completion of its acquisition of Martin Bencher Group, a Danish Project...
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