Ocean shipping schedule reliability stable at 64.2%
Ocean shipping schedule reliability remained unchanged month-on-month (M/M) in July 2023 at 64.2%, maintaining a...
PSA announces leadership changes
PSA International Pte Ltd (PSA) has announced leadership changes. The company said Mike Andaloro, CEO of PSA BDP and...
SATS says looking at WFS for possible acquisition but nothing definite
SATS Ltd (SATS) issued clarifications regarding a recent report which announced the company&#
DP World to invest US$510M to develop Tuna-Tekra mega container terminal
DP World said it signed a concession agreement with the Deendayal Port Authority to develop, operate and maintain a new...
CEVA Logistics buys India's Stellar Value Chain Solutions
CEVA Logistics announced that it has signed an agreement to acquire 96% of Mumbai-based Stellar Value Chain Solutions...
SF Holding files for listing in Hong Kong
The parent firm of SF Express, SF Holding Co., — which is China's largest express delivery company — has app...
Report: No US freight rebound until 2024
Inflation in the United States is decreasing, however, US freight demand isn't recovering despite...
Port of Savannah receives four new electric ship-to-shore cranes
The Port of Savannah announced that it recently received four Super Post-Panamax ship-to-shore cranes, upgrading the...
WorldACD: Tonnage drop deepens with European holiday season
The decreasing trend in global tonnages accelerated in the second full week of August, mainly driven by Europe in the...
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IATA raises concerns about Hong Kong's aviation amid ongoing restrictions
The chief of the International Air Transport Association (IATA) has raised concerns about Hong Kong
Suez Canal to raise transit fees for ships by 15% in 2023
Egypt has announced that it will be raising transit fees for ships passing through the Suez Canal
FedEx withdraws full-year guidance as performance fell short of expectations
FedEx Corp pulled back on its profit guidance for the rest of the fiscal year as its performance
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