HIGHLIGHTS
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Hong Kong establishes task force on maritime and port development strategy
April 21, 2023 - Hong Kong is putting up a task force to put forward an "action plan" aimed at further promo...
Cathay reports another month of cargo growth — but demand challenges remain
April 20, 2023 - Cathay Pacific continued to report increased cargo volumes this year, with March figures showing another month of...
Xeneta: Geopolitics and ‘friendshoring’ may redefine global trade patterns
April 20, 2023 - Mounting geopolitical tensions, shifting alliances and changes in the flow of foreign investment threaten to gradually...
CMA CGM makes US$5.5B takeover bid for Bolloré Logistics unit
April 19, 2023 - The CMA CGM Group announced on April 18 that it has entered into "exclusive negotiations" to acq...
Hapag-Lloyd completes acquisition of India's J M Baxi Ports & Logistics Limited
April 19, 2023 - Hapag-Lloyd announced that it successfully completed its acquisition of 40% shareholding in India's J M Baxi P...
Robust demand seen for APAC logistics warehousing amid supply shortages
April 19, 2023 Demand for logistics warehouses across the Asia Pacific is expected to remain "robust" according t...
8141733 PSA expands cargo solutions network in Türkiye with acquisition of Alisan Logistics
April 18, 2023 PSA International Pte Ltd (PSA) has through its fully-owned subsidiary, PSA-BDP Turkey Supply Chain Solutions Pte Ltd,...
S&P: US containerized shipments at lowest since pandemic
April 17, 2023 US containerized shipments in March were at its lowest level since the start of the Covid-19 pandemic helping further...
WorldACD: Global demand decline deepens
April 14, 2023 Worldwide air cargo demand has slipped further into decline after showing tentative signs of stabilizing in the last...
Suez Canal saw revenues rise 35% in Q1 to US$2.3B
April 13, 2023 The Suez Canal reported a 35% jump in revenues for the first quarter of 2023 as the number of ships crossing the...
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