hkia-1677744440 UPS’ new facility reinforces hub oosition of Hong Kong in e-commerce
Airport Authority Hong Kong (AAHK) announced that it has reached an agreement with United Parcel Service (UPS) to...
DP World joins first movers coalition to decarbonise shipping
DP World has joined the First Movers Coalition (FMC), setting a target of 5% of its marine power to come from hybrid...
Tata Group to consolidate Air India and Vistara
The Tata Group has announced the consolidation of its airlines, Vistara and Air India creating an
Vietjet, Novus Aviation partner for aircraft financing and leasing, SAF development
Vietjet and Novus Aviation Capital, a global aircraft leasing and financing platform headquartered in the United Arab...
OOCL launches new Japan-Philippines service
Orient Overseas Container Line (OOCL) announced that it will be expanding its regional service network with a new...
Hamburg Airport joins int'l “Hydrogen Hub at Airport” network
Hamburg Airport announced that it has become the first German and the 12th member of the international "Hydr...
PSA Breakbulk implementing biometric facial control
PSA Breakbulk in the Port of Antwerp-Bruges announced that it has become the first shipping terminal in Belgium to...
Hactl opens “Automated Service Kiosk” to enhance import collections
Hong Kong Air Cargo Terminals Limited (Hactl) — Hong Kong's largest independent cargo handler — is opening 12...
Cathay buys back 50% of Hong Kong’s preference shares
Cathay Pacific announced that it has bought back 50% of the Hong Kong SAR government's preference shares and p...
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SATS finalizes funding plan for S$1.8B WFS takeover
SATS Ltd. (SATS) announced that it has finalised its funding plan for the proposed acquisition of
IATA: Traditional peak season boost observed in October but headwinds persist
The International Air Transport Association (IATA) released data for October 2022 global air cargo
While a slump in ecommerce hit FedEx particularly hard in August, the holiday sales forecast from Adobe is more positive, predicting 2.5% growth in sales between November 1 and December 31 this year.
E-commerce outlook darkens
As far as FedEx is concerned, the seemingly unstoppable growth of e-commerce came to a screeching
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