HIGHLIGHTS
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‘Surprisingly resilient’ air cargo market marks 3rd month of growth in March
April 4, 2024 - Global air cargo demand continued its upward trajectory in March, maintaining growth for the third consecutive month...
WorldACD: Rates continue to rise from Asia, Middle East & South Asia
March 29, 2024 - Air cargo rates are rising from most of the main global regions, especially from Asia Pacific and from the Middle East...
Deutsche Post ends overnight airmail for domestic letters within Germany
March 28, 2024 - Deutsche Post announced that it ended its overnight airmail services for domestic letters within Germany, and in the...
Knight Frank: Asia-Pacific offshoring market grows fastest globally
March 27, 2024 - Amid a challenging business environment that is reducing sentiment among corporate real estate leaders, the...
1600x960_24613-colomboport3 East Mediterranean hubs suffer as Red Sea crisis persists
March 27, 2024 - The re-routing of mainline vessels via the Cape of Good Hope has resulted in a steep downturn in vessel call capacity...
E-commerce demand drives Asia Pacific air cargo growth in February
March 26, 2024 Asia Pacific airlines continued to record air cargo growth in February, with e-commerce demand driving the expansion,...
Shipping lines recorded highest combined Q4 EBIT loss in over a decade
March 26, 2024 Shipping lines recorded a combined EBIT loss of US$1.44 billion in the fourth quarter of 2023, according to...
Drewry: Gemini’s strategy relies heavily on hub port performance
March 25, 2024 The Gemini cooperation agreement between Maersk and Hapag-Lloyd will rely heavily on a small number of transhipment...
Cathay sets new 2030 carbon intensity target in support of its 2050 net-zero goal
March 25, 2024 Cathay Pacific is stepping up its efforts to help decarbonise the aviation industry, as it sets a new target to improve...
Global trade expected to rebound in 2024 but supply chain woes could escalate
March 22, 2024 After facing declines over several quarters, international trade is poised for a rebound in 2024, according to the...
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