HIGHLIGHTS
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PSA, Kazakhstan Railways form joint venture for Trans-Caspian rail corridor
May 22, 2023 - PSA International Pte Ltd (PSA) and Kazakhstan Railways (KTZ), have signeed an agreement to establish a joint venture...
Hong Kong reports another month of air cargo volume decline in April
May 22, 2023 - Hong Kong continued to report lower air cargo volumes in April as persisting global economic uncertainties continued to...
China’s Yangshan Port tops new Container Port Performance Index
May 20, 2023 - Yangshan Port in China took top position in the third edition of the global Container Port Performance Index (CPPI),...
HK forwarders say easing of e-cigarette transshipment ban would boost air cargo
May 19, 2023 - Freight forwarders in Hong Kong are noting the benefits to the cargo industry of the recently proposed amendments to...
Cainiao gets green light for IPO plans in the next 12-18 months
May 19, 2023 - Cainiao, the logistics arm of the Alibaba Group, has secured a go-ahead from board members of the Chinese e-commerce...
CMA CGM Air Cargo launches service to Mumbai
May 18, 2023 CMA CGM Air Cargo has announced the launch if its Bombay Airport service — a new destination that would strengthen its...
Cathay notes continued e-commerce growth momentum despite drop in April volumes
May 17, 2023 Cathay Pacific reported a month-on-month decline in April air cargo volumes amid the impact of recent holidays although...
Nippon Express acquires cargo-partner
May 15, 2023 Nippon Express has announced its acquisition of Austrian full-range logistics provider, cargo-partner, making it a...
APM Terminals to invest over US$1B in Brazil by 2026
May 12, 2023 APM Terminals is looking to invest R$5.2 billion (US$1.05 billion) in its Brazilian operations up to 2026. The unit of...
Germany OKs Cosco Shipping Port's Hamburg terminal stake acquisition
May 12, 2023 German authorities have green-lighted the planned 24.99% stake acquisition of Chinese company COSCO Shipping Ports...
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