Freightos: Asia - Europe rates plummet as new capacity keeps coming
Transpacific ocean rates continued their slide last week that started early this month, according to a new Freightos...
ONE adds ONE Finance to its eCommerce portal
ONE has announced the launch of ONE Finance on its e-commerce portal. ONE Finance will allow users to check the overall...
Singapore earmarks US$15M to fund two maritime energy and sustainable centres
The Singapore Maritime Institute (SMI) that it has earmarked S$22 million (US$15 million) to fund
UPS eyes 100,000 seasonal workers for holidays 2023
UPS announced that it will hire more than 100,000 seasonal employees to serve the 2023 holiday rush. The American...
Firmer air freight market ahead of China's Golden Week
There was a distinctly firmer tone in air freight markets last week, according to the latest data from the TAC Index....
Atlas Air names Martin Drew as chief strategy and transformation officer
Atlas Air Worldwide (Atlas) has announced the appointment of Martin Drew as chief strategy and transformation officer,...
Singapore, China strengthen bilateral maritime collaboration
The Maritime and Port Authority of Singapore (MPA) has signed three Memorandum of Understanding (MoU) with regional...
DHL: 95% of online shoppers abandon purchase if preferred delivery option not available
A DHL survey found that 95% of online shoppers abandon a purchase if their preferred delivery option is not available....
Demand for ammonia carriers set to increase over next decade
Rystad Energy predicts that by 2035, 174 export terminals will primarily convert hydrogen to ammonia, accounting for...
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CLIVE: Lower demand, more capacity in 'jumpy' air cargo market drives rates down
General air freight spot rates fell 9% year-over-year in September, to below the 2021 level for the
IATA: Air cargo demand still down YoY but showed resilience in August
The International Air Transport Association (IATA) released data for global air cargo markets in
Singapore develops national quality standard for marine biofuel
Singapore said it continues to make progress on the bunkering of biofuel and it has developed
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