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...
FedEx strikes deal with pilot union averting strike
FedEx has announced that it has achieved a "tentative agreement" with it
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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Asia Pacific airlines record another month of cargo slump in April
Asia Pacific airlines recorded another month of cargo decline in April — following a downtrend seen
Drewry: Reefer shipping to outpace dry cargo trade growth
Seaborne reefer trade is poised for a return to growth in 2023, with volumes set to increase by
PSA acquires minority stake in Vietnam logistics firm, SOTRANS Group
PSA International Pte Ltd (PSA) has through its fully-owned subsidiary, PSA Cargo Solutions Vietnam
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