OOCL optimizes fleet capacity with eight eco-friendly 24,188TEU ships
Orient Overseas Container Line Ltd. (OOCL) has introduced its newest mega containership, "OOCL Abu Dhabi&am...
Asia-Europe sea-air hubs record strong surge in tonnages
Several key Asia-Europe sea-air hubs have recorded a strong surge in tonnages in the last few weeks as shippers...
Lufthansa Cargo and Kuehne+Nagel launch paperless corridors for Europe and Asia
Lufthansa Cargo and Kuehne+Nagel (K+N) have introduced paperless lanes for shipments between Europe
WFS adds Bangkok to network of certified pharma handling facilities
Bangkok Flight Services (BFS), the joint venture between Bangkok Airways and Worldwide Flight Services (WFS), has...
Cathay Cargo and DB Schenker connect through API
DB Schenker and Cathay Cargo have integrated their systems through an application programming interface (API) that will...
Reefer shipping rates rise to be temporary as excess capacity plugs gaps
The recent rise in reefer shipping rates is expected to prove short-lived as the trade adjusts to the rerouting of...
Cathay Pacific records 20.7% cargo growth in January
Cathay Pacific continued to record double-digit cargo growth in January, marking an increase in tonnage across its...
BIMCO: Russian coal shipments fall 14% as sanctions bite
Russian coal shipments have fallen 14% year-on-year (YoY) during the first seven weeks of 2024, according to a new...
Shenzhen offers subsidies to operators of LNG carriers
Shenzhen is offering subsidies to promote its development as a hub for liquefied natural gas (LNG) trading. The port...
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The use of digital booking platforms in air cargo is poised for further growth as more players in the freight and logistics industry recognize the benefits of more digitalized cargo processes amid market volatility. Credit: ISTOCKPHOTO.COM/BALIPADMA
Adoption of digital air cargo bookings to further gain momentum
The use of digital booking platforms in air cargo is poised for further growth as more players in
New intermodal services connecting the Mexican economy to its partners in the USMCA block, allowing shippers to avoid the often long and slow road crossing, such as this one between Mexicali and Calexico on the California-Mexico border. Credit: ISTOCKPHOTO.COM/PHOTO BETO
Carriers rush to launch competing USMCA services
New intermodal services connecting the Mexican economy to its partners in the USMCA block, Canada
PORT OF ROTTERDAM/ERIC BAKKER
In the first quarter of 2023, Europe’s busiest port saw container throughput drop 11.5% by weight to 31.5 million tonnes and 11.6% by volume to 3.2 million TEUs – a decline that began in 2022 as the ongoing war in Ukraine impacted trade flows.
Outlook remains bleak at Port Rotterdam for the rest of 2023
Container volumes at Port of Rotterdam are expected to remain subdued for the rest of the year as
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