May 16, 2025
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Ocean rates sink across the board despite capacity reductions
Ocean spot rates fell nearly across the board last week on a mix of a Golden Week lull, a more general easing of...
Egypt, Maersk's C2X ink up to US$3B deal for green methanol production
Egypt and Maersk's C2X have signed a new framework agreement worth up to US$3 billion for the production of g...
APAC airlines saw another month of cargo decline as demand continued to drop
Asia Pacific airlines saw cargo decline for another month as demand continued to decline against a
Port of Felixstowe deepening completed
Hutchison Ports Port of Felixstowe announced that the main approach channel and Berths 8&9 of the gateway have ...
Silk Way West Airline makes inaugural Seattle-Baku flight with first Boeing 777F
Silk Way West Airlines has announced the inaugural flight of its first Boeing 777F aircraft from Seattle to Baku. The...
Kuehne+Nagel launches carbon insetting for HVO, electric trucks
Kuehne+Nagel has launched a Book & Claim insetting solution for road logistics customers who purchase Hydrotre...
Korean Air to restore, expand network for the winter season
Korean Air announced that it will expand its operations for the winter season to meet resurgent demand by resuming...
ACS appoints new leadership team for Greater China region
Air Charter Service (ACS) has restructured its operations across the Asia-Pacific region, allowing the company to...
TAC Index: Bounce in air freight rates continuing
The recent bounce in air freight rates is continuing, according to the latest data from the TAC Index. The price...
More Breaking News
HK forwarders call for immediate restart of land-to-air e-cigarette transshipments
Freight forwarders in Hong Kong are calling on the government to resume land-to-air transhipment of
WorldACD: Still no signs of any Q4 peak this year
The global air cargo market is yet to show any signs of the traditional peak in the fourth quarter,
Rates on multiple trades continue to drop while a U.S. rail strike looms
Ocean rates between Asia and North America continue to decline with levels for all gateways nearing
More Highlights