HIGHLIGHTS
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US ports strike averted as dockworkers agree on tentative deal
January 9, 2025 - The threat of an impending port strike in the US East & Gulf ports on January 15 has been averted after...
Air cargo demand grows for 16th consecutive month
January 9, 2025 - The International Air Transport Association (IATA) reported that global air cargo markets expanded for the 16th...
BIMCO: Containership order book hits new record high of 8.3M TEU
January 8, 2025 - At the end of 2024, the container ship order book was 8.3 million Twenty-foot equivalent units (TEUs), a new record...
E-commerce, frontloading drive November volume growth for APAC airlines
January 6, 2025 - Airlines in the Asia Pacific region recorded another month of cargo growth in November, driven by a continued rise in...
Port of Tanjung Pelepas surpasses 12M TEUs in 2024, a first in Malaysia
January 3, 2025 - The Port of Tanjung Pelepas (PTP), the joint venture between Maersk's APM Terminals and Malaysia's MM...
Shanghai airports record 11% cargo increase in 2024
January 3, 2025 Shanghai airports, including Pudong International Airport and Hongqiao Airport, experienced a double-digit increase in...
Maersk Air Cargo starts Billund-Zhengzhou airfreight route
January 6, 2025 Maersk Air Cargo has launched a new cargo route between Denmark's Billund Airport and China's Z...
PSA Singapore hits record-breaking annual throughput of more than 40M TEUs
December 27, 2024 PSA Singapore (PSA) reached a significant milestone, handling over 40 million Twenty-foot Equivalent Units (TEUs) by...
Shippers embrace painful start to 2025 as Transatlantic air cargo spot rate spiral 100%
December 23, 2024 The Transatlantic air cargo market has seen skyrocketing rates during peak season which puts it back in the spotlight...
WorldACD: Tonnages and rates begin dropping after strong Q4 peak
December 23, 2024 Air cargo's strong seasonal fourth quarter (Q4) appears to have peaked, with tonnages and rates dropping slig...
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