S&P: Media device shipments slide while chip exports boom
Global shipments of streaming media devices fell by 6.5% year over year (y/y) in the second quarter of 2024 to 12.4...
Beijing Daxing Airport opens MRO facility
The massive Beijing Daxing International Airport (PKX) — earlier eyed to help decongest the existing Beijing Capital...
Red Sea crisis prompts switch to air cargo to avoid ocean freight disruption
Retailers are turning to air freight to protect supply chains and keep their products on shelves
OOCL forge partnerships to advance low-carbon shipping with biofuel
Orient Overseas Container Line Ltd. (OOCL) and its partners have come together to promote low-carbon shipping by...
Container ship contracting this year now the 3rd highest since 2008
Container ship contracting has reached new highs in 2024, according to a new BIMCO report, with capacity contracted so...
Boeing says China's commercial fleet to more than double by 2043
China will more than double its commercial airplane fleet by 2043 as its aviation industry expands and modernizes to...
OOCL names its 12th and final 24,188 TEU mega vessel
Orient Overseas Container Line Co., Ltd. (OOCL) has named its twelfth 24,188 TEU mega-ship “OOCL Portugal.” The new...
WFS introduces electric cargo towing vehicles at Schiphol Airport
Worldwide Flight Services (WFS), a member of the SATS Group, has become the first cargo handler at Amsterdam Airport...
APEC maintains steady 3.5% growth despite uncertainties
The Asia-Pacific Economic Cooperation (APEC) is expected to maintain stable economic growth, demonstrating resilience...
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Hapag-Lloyd to depart THE Alliance; to enter into new deal with Maersk in 2025
Hapag-Lloyd AG (Hapag-Lloyd) and A.P. Moller-Maersk (Maersk) have signed an agreement for a new
Ocean rates keep climbing on Red Sea diversions as Lunar New Year approaches
Despite US and UK strikes on Houthi positions in Yemen, attacks on Red Sea traffic continued this
Air France-KLM drops cargo alliance deal with CMA CGM
Air France-KLM and container shipping company CMA CGM SA have ended a year-old cargo alliance,
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