HIGHLIGHTS
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Cathay Pacific expects short term headwinds in air cargo market to continue in 2023
December 21, 2022 - Cathay Pacific expects headwinds in air cargo to continue in the short term until supply chains in the Chinese mainland...
Ports of Long Beach, LA’s Container Dwell Fee Program to end January 24
December 16, 2022 - The San Pedro Bay ports of Long Beach and Los Angeles will phase out the option to collect a “Container Dwell Fee” on...
Hong Kong saw slight month-on-month uptick in cargo volumes for November
December 15, 2022 - Hong Kong International Airport reported another month of cargo decline in November as global economic headwinds and...
Cathay reports cargo decline in November; says short-term headwinds to continue
December 14, 2022 - Cathay Pacific continued to see cargo decline in November as production activities in the Chinese Mainland and trade...
Teleport raises US$50M as it aims market leadership in Southeast Asia
December 14, 2022 - Teleport, the logistics venture under Capital A Berhad (formerly known as AirAsia Group Berhad) has raised new growth...
Cathay says lifting of Hong Kong Covid-19 restrictions to boost aviation sector
December 13, 2022 Cathay Pacific said the Hong Kong government's latest move to lift all remaining Covid-19 restrictions will ...
Air cargo demand fell for 9th consecutive month in November, but decline slows
December 8, 2022 Freight forwarders are taking a ‘wait and see’ approach before making long-term air cargo capacity commitments as...
Sea-Intel: Major lines made US$35.6B EBIT in Q3
December 7, 2022 Major shipping lines made US$122 billion in operating profit for the first three quarters of 2022, according to a new...
IATA expects airlines' return to profitability in 2023
December 6, 2022 The International Air Transport Association (IATA) expects a return to profitability for the global airline industry in...
IATA chief: Status of Hong Kong as aviation hub to take a ‘considerable time’ to recover
December 9, 2022 The International Air Transport Association (IATA) said it would take a "considerable time" for Hong...
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