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...
Cathay expects cash-burn to decrease by half as Hong Kong eases restrictions
Cathay Pacific released its traffic figures for April which continued to reflect the impact of
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 ...
UPS lowers revenue outlook for 2023
UPS has lowered its revenue outlook for the year after its second-quarter results. The American logistics giant saw its...
Hapag-Lloyd partners with DB Schenker to decarbonise supply chains
Hapag-Lloyd said it has entered into a partnership with DB Schenker for the purpose of decarbonising supply chains. In...
OOCL receives fourth 24,188 TEU mega container vessel
Orient Overseas Container Line Ltd. (OOCL) said it had received its fourth 24,188 TEU mega container vessel, which...
MOL joins GCMD to accelerate decarbonisation in the maritime industry
The Global Centre for Maritime Decarbonisation (GCMD) and Mitsui O.S.K. Lines, Ltd. (MOL) has announced the signing of...
Oman Air announces major restructuring plan
In the interest of financial sustainability and operational continuity, Oman Air has announced a comprehensive...
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Hapag-Lloyd joins JV for new container terminal in Egypt
Hapag-Lloyd announced that it is participating in a new joint venture (JV) to develop and operate a
Foreign carriers allowed cabotage container shipping within China
Non-mainland Chinese carriers, notably A.P. Moller-Maersk (Maersk) and Orient Overseas Container
Air freight capacity up while rates drop between March-April
Air freight capacity continues to take off while rates are on a downtrend as more flights resume
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