HIGHLIGHTS
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Menzies Aviation bags three contracts in Indonesia, China
June 28, 2022 - Menzies Aviation announced that it bagged three contracts in Indonesia and China in a nod to its growth strategy in the...
DB Schenker to acquire USA Truck for US$435M
June 27, 2022 - DB Schenker announced that it will acquire truckload carrier USA Truck in a US$435 million deal that would bolster its...
WSC: Containers lost at sea increasing double-digits
June 23, 2022 - The World Shipping Council (WSC) reported that the number of containers lost at sea has been increasing over the past...
Global robotic last-mile delivery revenues to reach US$670M in 2030
June 23, 2022 - Worldwide robotic last-mile delivery revenues are forecasted to grow from US$70 million in 2022 to US$670 million in...
IATA urges govts to develop standards for safer transport of lithium batteries
June 22, 2022 - The International Air Transport Association (IATA) called on governments to further support the safe carriage of...
IATA: Incentives needed to ramp-up SAF production
June 21, 2022 The International Air Transport Association (IATA) called for governments to urgently put in place large-scale...
Airforwarders warn of airfreight volume crunch driven by lack of ocean capacity
June 20, 2022 Airforwarders Association (AfA) said forwarders must prepare for an airfreight volume crunch driven by a lack of ocean...
Ocean carries blast passage of Ocean Shipping Reform Act as Biden signs bill
June 17, 2022 Ocean carriers hit the narrative being pushed by the United States (US) government in pushing the passage of the Ocean...
Demand beginning to recover in Shanghai but capacity surplus driving rates down
June 17, 2022 Demand is beginning to recover and production is starting to pick up in China after a months-long lockdown in Shanghai...
War, e-commerce place pressure on air freight capacity
June 16, 2022 Air freight capacity continues to struggle with headwinds. Disruptions have hampered the recovery of bellyhold capacity...
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