IATA targets air cargo tracking devices with new assessment program
The International Air Transport Association (IATA) has introduced the IATA Air Cargo Device Assessment Program to...
Cathay backs whitepaper advocating development of local SAF blending capacity
Cathay Pacific has backed the Policy Whitepaper on Sustainable Aviation Fuel (SAF) Strategy for Hong Kong, released by...
IATA: Air cargo demand marks 6th month of double-digit growth
The International Air Transport Association (IATA) released data for May 2024 global air cargo
Air cargo demand in 2024 shaping up to be banner year
The International Air Transport Association (IATA) said air cargo demand grew for the 15th consecutive month in October...
Emirates SkyCargo strengthens digitalization with eQuote launch
Emirates SkyCargo has enhanced its digital landscape for cargo operations by introducing eQuote. The launch, which...
​OOCL announces new China-Laem Chabang service
Orient Overseas Container Line (OOCL) has announced its latest offering to enhance connectivity between China and...
Yang Ming to launch China-Thailand Express Service to boost Intra-Asia network
Yang Ming Marine Transport Corporation (Yang Ming) continues to strengthen its operations in the intra-Asia market by...
Star Alliance names Michael Rousseau as new chairperson
Michael Rousseau, president and CEO of Air Canada, has been elected as the new chairperson of the Star Alliance Chief...
Screen Shot 2024-12-17 at 2.17.52 AM IATA: US$1.7B in airline funds blocked by governments
The International Air Transport Association (IATA) reported that US$1.7 billion in airline funds are blocked from...
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S&P: Global trade growth expected to rise to 4.8% in Q4 2024
Supply chain activity growth remained slow at a global level, according to a new S&P Gl
Asia Pacific airlines record continued expansion in cargo demand
Airlines in the Asia Pacific reported another month of cargo growth in May, driven by an
CREDIT: ISTOCKPHOTO/SHARAMAND
Mexico has been one of the major winners of the nearshoring trend that has seen North American and European companies look to diversify their procurement by sourcing a larger portion closer to home. Containerized exports from China to Mexico were up 60% in January. Trade between China and Mexico accelerated from 3.5% growth in 2022 to 34.8% last year.
Mexico soars on nearshoring, flows from Asia
In early May, CMA CGM announced a new trans-Pacific container service for shipments from the
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