AVIATION
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More rate increases expected soon, though signs congestion is easing
July 4, 2024 - Ocean rates are expected to climb further, but congestion is showing signs of easing. Ex-Asia ocean rates were stable...
IATA urges South Africa's new gov't to leverage aviation for economic growth
July 4, 2024 - The International Air Transport Association (IATA) has urged South Africa's new Government of National Unit...
Turkish Airlines orders four more Boeing 777 Freighters
July 4, 2024 - Turkish Airlines and Boeing have announced an order for four 777 Freighters to further strengthen the airline&#...
TAC Index: Global air freight prices were slightly lower
July 4, 2024 - Global air freight prices were slightly lower overall last week, according to the latest data from TAC Index. The price...
MOL signs Japan's first sustainability-linked lease agreement
July 4, 2024 - Mitsui O.S.K. Lines, Ltd. (MOL) announced that as part of the MOL Group's environmental strategy, its group com...
IATA: Air cargo demand marks 6th month of double-digit growth
July 3, 2024 The International Air Transport Association (IATA) released data for May 2024 global air cargo markets showing...
FedEx offers same-day delivery service from Korea to Hong Kong
July 3, 2024 Federal Express Corporation (FedEx) is offering same-day delivery for fresh fruits from Gyeongsangbuk-do, Korea, to...
S&P: Global trade growth expected to rise to 4.8% in Q4 2024
July 3, 2024 Supply chain activity growth remained slow at a global level, according to a new S&P Global Market Intellig...
C.H. Robinson expands Southeast Asia presence with new Philippines office
July 2, 2024 Global logistics provider C.H. Robinson is expanding its presence in the Asia-Pacific region with the opening of its...
WorldACD: Global tonnages dip due to Eid al-Adha festival
July 2, 2024 Worldwide average air cargo rates have continued to rise, despite a drop in tonnages to and from countries with...
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