HIGHLIGHTS
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Credit: Drewry Drewry: Reefer shipping remains resilient despite 2022 trade contraction
August 9, 2023 - Reefer container freight rates continue to outperform the dry cargo trade, despite an unprecedented contraction in...
Canada dockworkers union vote yes to new labour agreement
August 8, 2023 - Canadian dock workers have ratified a negotiated tentative labour deal ending fears of further disruptions at...
Credit: DB Schenker DB Schenker uses dogs to detect prohibited items on air cargo
August 7, 2023 - DB Schenker said it is using free-running explosive detection dogs on a daily basis in the UK to detect prohibited...
Credit: Crane Worldwide Logistics IATA: Air cargo contraction eases in June
August 7, 2023 - Global air cargo markets recorded its smallest year-on-year demand contraction in June, according to released data from...
Air cargo slowdown has bottomed — but recovery to take time
August 4, 2023 - The slowdown in air cargo volumes has already bottomed, but the recovery path could remain rocky for a bit more,...
Credit: AlisCargo Airlines MSC acquires majority stake in Italian cargo carrier AlisCargo Airlines
August 4, 2023 MSC has acquired the majority stake in AlisCargo Airlines, a Milan-based air freight carrier. In a joint statement, MSC...
July demand shows a ‘winter of discontent’ for airlines as rates continue to plunge
August 4, 2023 Shippers will hold the upper hand in the next round of winter airfreight rates negotiations after another month of...
Credit: FLICKR.COM/DONAL MORRISSEY Korean Air expects weak air cargo demand, lower rates in Q3 2023
August 2, 2023 Korean Air is expecting air cargo rates to drop in the third quarter on the back of weak demand and increased capacity...
Source: Port of Los Angeles Xeneta: Global long-term shipping rates sank to a two-year low in July
July 31, 2023 Long-term ocean freight rates hit a two-year low in July, according to Xeneta, just as record new levels of ships enter...
Source: Port of Prince Rupert Authority Canada dockworkers union reach negotiated deal with employers averting strike
July 31, 2023 Canadian dock workers' union and their employers have reached a tentative labour deal once again after ear...
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