May 4, 2025
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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...
Unprecedented shipping disruptions raise risk to global trade, UNCTAD warns
Recent attacks on commercial vessels in the Red Sea have severely affected shipping through the
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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Vienna Airport inks deal with Incheon Airport, Korean Air to boost its cargo hub status
Vienna Airport is boosting its capabilities to handle growing air cargo volumes with a new Incheon
Hong Kong reports continued double-digit cargo growth in January
Hong Kong International Airport (HKIA), the world's busiest cargo hub, continued to re
Asia poised to reach 40% market share of total cargo traffic in 2024
Asia is poised to increase its market share of the total cargo traffic at a global level this year,
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