HIGHLIGHTS
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Korean Air targets completion of Asiana acquisition in 2024
January 3, 2024 - Korean Air is looking to complete its acquisition of Asiana Airlines this year while admitting that the process — which...
Maersk halts all transits through the Red Sea/Gulf of Aden until further notice
January 2, 2024 - A. P. Moller–Maersk announced that following the December 30 incident involving one of its vessels, Maersk Hangzhou,...
Shippers brace for spiking rates; Maersk, CMA CGM returning to Suez
January 2, 2024 - Widespread carrier diversions away from the Red Sea and Suez Canal to avoid the threat of Houthi attacks are impacting...
Singapore crosses record 3B gross tonnage in annual vessel arrival tonnage
January 2, 2024 - The Port of Singapore registered a record three billion gross tonnage (GT) in annual vessel arrival tonnage. The three...
Emirates SkyCargo signals optimism after volumes improve in 2023
December 22, 2023 - Emirates SkyCargo is looking ahead to 2024 with optimism after its air freight volumes showed marked growth and...
Source: Reuters Freightos: Red Sea diversions adding 15%-20% in costs for carriers
December 20, 2023 An increase in Houthi missile and drone attacks on ships — including container vessels operated by Maersk, MSC and...
Credit: Shutterstock Copyright: Copyright (c) 2021 heychli/Shutterstock. Cathay reports 20% growth in cargo for November driven by year-end demand
December 19, 2023 Cathay Pacific said its cargo volumes grew by 20.3% year-on-year in November, mainly driven by seasonal sales events...
Deutsche Bahn starts DB Schenker sale process
December 19, 2023 Deutsche Bahn AG has launched the sale process for its logistics subsidiary DB Schenker. The German state rail operator...
Hong Kong air cargo volume up 18% year-on-year in November
December 19, 2023 Cargo throughput at the Hong Kong International Airport (HKIA) — the world's busiest cargo hub — continued...
WorldACD: Peak-season tonnages up 3% on last year
December 14, 2023 Worldwide air cargo demand has rebounded significantly above last year's levels, driven by strong export vol...
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