HIGHLIGHTS
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FedEx Freight spin off to form largest LTL carrier
December 20, 2024 - FedEx Freight will become a separate company after FedEx Corp. announced its plan on December 19 to spin off the FedEx...
IATA calls for stricter rules on slot regulation to boost capacity
December 19, 2024 - The International Air Transport Association (IATA) has warned of the impact of the airport capacity crunch on global...
Port of LA on track to exceed 10M container units this year
December 19, 2024 - The Port of Los Angeles (Port of LA) is on track to surpass 10 million container units handled this year — achieving...
Freightos: Trump support for ILA may make strike less likely
December 18, 2024 - Incoming US President Donald Trump's recent explicit backing of the International Longshoremen's Ass...
DHL anticipates “chaotic start to 2025” for container shipping
December 16, 2024 - A new report from DHL predicts a "chaotic start" for container shipping in 2025 due to ongoing econ...
South Korea to invest US$10B to develop Jinhae New Port in Busan
December 16, 2024 South Korea has announced plans to invest 14 trillion won (US$10 billion) to develop Jinhae New Port, the second major...
Korean Air completes Asiana acquisition for US$1B
December 12, 2024 Korean Air completed its acquisition of Asiana Airlines on November 16, 2020, four years after announcing the majority...
US halts Premier Alliance, requests additional information
December 10, 2024 The Federal Maritime Commission (FMC) has paused the new shipping alliance between Ocean Network Express (ONE), HMM,...
Air cargo demand in 2024 shaping up to be banner year
December 3, 2024 The International Air Transport Association (IATA) said air cargo demand grew for the 15th consecutive month in October...
UNCTAD: Global trade will reach a new high in 2024
December 5, 2024 World trade is on track to hit a record US$33 trillion in 2024, but risks of expanded trade wars and ongoing...
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