Xeneta notes "shift" in ocean freight rates in Q3 2023
Xeneta believes long-term ocean freight rates may have started bottoming out after around a year of persistent, often...
WFS boosts cargo capacity to serve e-commerce growth between Madrid-China
Worldwide Flight Services (WFS), a member of The SATS Group, announced that it is set to open a fifth cargo handling...
ACI World confirms 20 busiest airports ranking with Hong Kong on top
Airports Council International (ACI) World has published its annual World Airport Traffic Dataset,
GAC expands operations in East Malaysia; cites growth opportunities in the country
GAC Malaysia is expanding its operations in East Malaysia with the opening of a new office in Kota Kinabalu, boosting...
UPS, Teamsters reach agreement in labor negotiations
UPS and the International Brotherhood of Teamsters — the union representing about 330,000 UPS employees in the US —...
Port of Los Angeles cargo volume slips again in July
Cargo throughput at the Port of Los Angeles (Port of LA) dropped again in July after recording its "best mont...
Port of Hamburg notes increased trade with the Americas and Asia
The Port of Hamburg reported a decline in cargo volume in the first half of the year due to global economic...
S&P Global: All regions show y/y decline in port call size
All world regions showed a decline in average call size in the second quarter (Q2) of 2023 compared with the same...
MOL inks deal to develop safe solutions for industrial-scale shipping of CO2
Mitsui O.S.K. Lines, Ltd. (MOL) said it signed a deal with Australian and Japanese partners to execute an R&a...
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China’s first professional cargo hub airport begins operations
The first "professional cargo hub airport" in China — Ezhou Huahu Airport — in
union pacific - eddie-bugajewski-LXwEkJZEtgU-unsplash
Importers in the United States are bracing for a challenging peak season. A major contributing factor to last year’s congestion was the railroad system, with major inland terminals clogged up that lead to delays spreading through the rail networks and backing up cargo at ports
U.S. logistics players prepare for Asian import surge
Importers in the United States have had a nervous runup to an early taste of peak season traffic as
Flexport: Air freight market continues to cool down
The market continues to cool down with carriers reducing rates for both Transpacific Eastbound
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