Source: GPA Georgia Ports container volumes up 17% from June
The Georgia Ports Authority (GPA) handled 447,590 twenty-foot equivalent container units (TEUs) in July, up 17% from...
Cainiao records 34% revenue growth driven by e-commerce fulfillment
Cainiao Group reported revenue expansion in the first quarter of 2023, driven by growth in e-commerce fulfilment and a...
Ocean carries blast passage of Ocean Shipping Reform Act as Biden signs bill
Ocean carriers hit the narrative being pushed by the United States (US) government in pushing the
deugro delivers two oversized heavy lift drum sections from China to France
deugro announced that it transported two oversized heavy-lift drum sections for the pulp and paper industry from China...
Airlines join Maui wildfires relief efforts
US airlines are responding to Maui's wildfire disaster by helping with evacuation and relief efforts. Amer...
Hapag-Lloyd notes continuing risks for the rest of 2023 as it reported slowdown in H1
Hapag-Lloyd noted continuing risks in the market moving into the second half of 2023 as it reported a slowdown in its...
DHL Global Forwarding makes leadership changes in air freight business
DHL Global Forwarding has announced a change in its global leadership team. In a statement, DHL said Thomas Mack,...
Silk Way West Airlines launches new scheduled Baku-Los Angeles route
Azerbaijan cargo airline Silk Way West Airlines announced that it is expanding its US network by adding weekly flights...
Sea-Intel: Sustained halt to demand collapse
Sea-Intelligence noted that this is now the fourth month where the global collapse in demand "can be said to ...
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Demand beginning to recover in Shanghai but capacity surplus driving rates down
Demand is beginning to recover and production is starting to pick up in China after a months-long
The proliferation of Airbus A321neo and Boeing 737MAX aircraft is seeing these planes increasingly flying on routes where traditionally widebodies like the Boeing 767 have been used, removing bellyhold space and putting pressure on air freight capacity.
War, e-commerce place pressure on air freight capacity
Air freight capacity continues to struggle with headwinds. Disruptions have hampered the recovery
Authorities at Hong Kong International Airport have extended the airport’s slot-use waiver rule until October this year. Regulators in other jurisdictions have made similar announcements, amidst an uneven recovery from Covid-19.
Hong Kong extends slot-use rule waiver to October
Hong Kong International Airport (HKIA), the world’s busiest cargo airport, is extending its
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