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...
Hong Kong reports further decline in cargo volume for October
Hong Kong reported further deceleration in cargo volumes for October despite the start of the
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...
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Chinese express delivery firms ship 552M parcels on “Singles Day” 2022
Chinese express delivery firms handled 552 million parcels during the November 11 "Sin
APAC airlines saw continued cargo decline as demand wanes, supply chain issues persist
Asia Pacific airlines saw continued cargo decline as orders waned and supply chain problems
Drewry warns shippers of up to US$14B in extra costs for decarbonisation
The global shipping industry will see billions of dollars added to freight costs in the future on
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