WorldACD: Tonnages fall further while rates hold firm
Average global air cargo rates have stabilized in the last five weeks at around -37% below their levels this time last...
Etihad Cargo's inaugural freighter flight to Ezhou Huahu Airport takes off
Etihad Cargo has operated the carrier's inaugural flight to Ezhou Huahu Airport. The cargo and logistics ar...
Skyports, Jurong Port ink Singapore's 1st maritime drone delivery infrastructure
Advanced Air Mobility (AAM) company, Skyports, and Jurong Port announced the signing of a milestone
Swissport acquires majority stake in the cargo handling unit of Düsseldorf Airport
Following the signing of binding agreements earlier in the year, Swissport announced that it has successfully closed...
Changi Airports is set to develop Cairo International Airport
Changi Airports International (CAI) has inked two agreements with Cairo Airport Company to jointly develop Cairo...
Georgia Ports earns AQUA Lane certification with U.S. Customs
The Georgia Ports Authority (GPA) announced that it obtained certification on August 1, 2023, for all GPA terminals...
Canadian North expands Ottawa cargo facility with $22M investment
Canadian North has unveiled its plans to double the size of its cargo facility in Ottawa. The Artic airline said this...
CMA CGM adds direct call to Rio de Janeiro in its SIRIUS service
CMA CGM announced that its "SIRIUS" service — which connects the Mediterranean to the East Coast ...
Air freight rates firmer but still 45% lower year-on-year
Global air freight rates took a slightly firmer tone last week, according to the latest data from TAC Index. The price...
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End to Shanghai lockdown to impact summer peak season, cause capacity shortages
The ongoing lockdowns in Shanghai threaten to cause further disruptions in the supply chain moving
With an eye of reaping the benefits from synergetic connection, the UAE’s rail system, Etihad Rail has established strong links with the manufacturing sector, not just in the Gulf region but also in other markets that have global supply chains.
Etihad Rail eyes expansion across the Gulf
While transportation of passengers and cargo by air to and from Dubai and other Gulf countries has
Congestion at ports and increased shipping costs pose unique challenges for U.S. exporters, who have seen the price of shipping containers increase four-fold in just two years. Meanwhile, ocean carriers that are mostly foreign-owned have reported record profits. Amy Klobuchar, U.S. Senator from Minnesota, following passage of the Ocean Shipping Reform Act of 2022.
U.S. Senate passes bill to improve oversight of ocean shipping exports
The United States Senate, in a show of bipartisanism, on April 1, 2022, unanimously passed a bill
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