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...
SATS says looking at WFS for possible acquisition but nothing definite
SATS Ltd (SATS) issued clarifications regarding a recent report which announced the company&#
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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IATA raises concerns about Hong Kong's aviation amid ongoing restrictions
The chief of the International Air Transport Association (IATA) has raised concerns about Hong Kong
Suez Canal to raise transit fees for ships by 15% in 2023
Egypt has announced that it will be raising transit fees for ships passing through the Suez Canal
FedEx withdraws full-year guidance as performance fell short of expectations
FedEx Corp pulled back on its profit guidance for the rest of the fiscal year as its performance
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