HIGHLIGHTS
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Cathay Cargo notes optimism at the start of 2023 but warns of emerging headwinds
January 20, 2023 - Cathay Pacific Cargo signalled optimism at the start of the year, driven by the resumption of more services in its...
Rerouting to the US East, Gulf coasts could be permanent
January 19, 2023 - The rerouting of ships to the US East and Gulf coasts could become permanent, according to the January-February freight...
Market share of non-alliance services dropping after years of expansion
January 19, 2023 - The share of non-alliance shipping services continued to decline at the start of the year as freight rates began...
SATS shareholders approve WFS acquisition
January 18, 2023 - SATS Ltd. (SATS) announced that its shareholders voted to approve the proposed acquisition of Worldwide Flight Services...
Hong Kong reports 16.4% decline in cargo volumes for 2022
January 16, 2023 - Hong Kong International Airport saw a double-digit decline in cargo volumes for 2022 amid persisting global economic...
APAC airlines record another month of cargo decline as market weakness continues
January 12, 2023 Asia Pacific airlines saw another month of cargo decline in November as demand further declined amid persisting...
WorldACD: No upswing in demand at the start of 2023
January 12, 2023 Global air cargo tonnages have shown no sign yet of a post-holiday season recovery. In contrast, last year, there was...
Demand remains low; peak in volume before the Lunar New Year unlikely
January 10, 2023 Air freight demand in North China — which includes Shanghai — remains low ahead of the Chinese New Year festivities,...
IATA notes mixed signals for cargo as demand drops in November
January 9, 2023 The International Air Transport Association (IATA) released data for November 2022 global air cargo markets showing...
Shanghai Port remains world's busiest container port in 2022
January 6, 2023 Shanghai Port remained the world's busiest container port in 2022, although noting only marginal gr...
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