TAC Index: Global air freight prices were slightly lower
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
Mitsui O.S.K. Lines, Ltd. (MOL) announced that as part of the MOL Group's environmental strategy, its group com...
Korean Air gets approval from Japan on Asiana merger
Korean Air announced that the Japan Fair Trade Commission (JFTC) had approved its business
Global schedule reliability increases to highest year-to-date level
Global shipping schedule reliability improved by 3.8 percentage points month-on-month (M/M) in May, marking its highest...
Hapag-Lloyd rebrands terminal business
Hapag-Lloyd's terminal and infrastructure division will adopt a new brand name to reflect its growth ambitions...
FedEx offers same-day delivery service from Korea to Hong Kong
Federal Express Corporation (FedEx) is offering same-day delivery for fresh fruits from Gyeongsangbuk-do, Korea, to...
C.H. Robinson expands Southeast Asia presence with new Philippines office
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
Worldwide average air cargo rates have continued to rise, despite a drop in tonnages to and from countries with...
dnata awarded contract for Air India's return to Zurich
dnata has won a multi-year contract with Air India at Zurich Airport (ZRH) in Switzerland, as India's nati...
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Asia Pacific airlines record cargo volume decline in 2023, but December up 13.2%
Asia Pacific airlines saw cargo volumes decline in 2023 as the industry faced multiple headwinds
Ocean shipping schedule reliability drops in December
Global ocean schedule reliability declined anew in December, dropping -5.0 percentage points
UNCTAD raises alarms on escalating disruptions to global trade
The United Nations Conference on Trade and Development (UNCTAD) has expressed profound concerns
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