UNCTAD: Global foreign direct investment grew 3% in 2023 as recession fears eased
Global foreign direct investment (FDI) defied earlier expectations for 2023, growing by 3% and finishing the year at an...
DHL HK: Air traders conservative towards their business expectations in Q1
Local air traders in Hong Kong are feeling cautious about their prospects for business this quarter, particularly...
Air cargo slowdown has bottomed — but recovery to take time
The slowdown in air cargo volumes has already bottomed, but the recovery path could remain rocky
Red Sea Crisis prompting second largest capacity drop in ocean shipping
The Red Sea crisis — which has been going on for a month now — has caused the second largest capacity drop in ocean...
Port of LA notes continued volume recovery at the close of 2023
After a slow start, the Port of Los Angeles (Port of LA) said it finished 2023 with five months of year-on-year growth,...
Shanghai's airports record increased cross-border e-commerce exports
Shanghai airports saw a record surge in cross-border e-commerce exports last year, signifying continuous growth in...
DHL Supply Chain announces new key appointments in Asia Pacific
DHL Supply Chain has announced three new key leadership appointments in Asia Pacific. It said that these appointments...
WorldACD: Air cargo volumes bounce back after New Year slowdown
Global air cargo tonnages have bounced back in the second week of 2024 following their typical slowdown in the second...
Port of Prince Rupert handled 5% less cargo in 2023
The Prince Rupert Port Authority (PRPA) announced that 23.5 million tonnes of cargo moved through the gateway in 2023,...
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MSC acquires majority stake in Italian cargo carrier AlisCargo Airlines
MSC has acquired the majority stake in AlisCargo Airlines, a Milan-based air freight carrier. In a
July demand shows a ‘winter of discontent’ for airlines as rates continue to plunge
Shippers will hold the upper hand in the next round of winter airfreight rates negotiations after
Korean Air expects weak air cargo demand, lower rates in Q3 2023
Korean Air is expecting air cargo rates to drop in the third quarter on the back of weak demand and
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