HIGHLIGHTS
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WorldACD: Still no sign of Q4 peak in air cargo demand
November 17, 2022 - Weak demand continued into November with still no signs of the traditional peak season surge. The air cargo data...
DHL: Incoming capacity poses fresh challenges for ocean freight
November 17, 2022 - After posting record profits for the last two years, container lines are now facing a new challenge with more ships due...
Freightos: West Coast labor disruptions continue to push shippers East
November 16, 2022 - Importers continue to favour East coast and Gulf ports according to a recent analysis by Freightos, as noting the...
ZIM says near-term outlook for shipping "has shifted" and rates normalisation has begun
November 16, 2022 - ZIM Integrated Shipping Services Ltd. (ZIM) pulled back on its earlier announced profit guidance for the year noting...
Port of LA saw continued cargo decline in October
November 16, 2022 - Cargo volume at the Port of Los Angeles dropped in October as the Port handled 678,429 Twenty-Foot Equivalent Units...
Cathay doubles cold storage capacity with new purpose-built pharma handling centre
November 15, 2022 Cathay Pacific Services Ltd (CPSL) earlier this month opened its newest facility at the Cathay Pacific Cargo Terminal,...
DP World: Inflation, geopolitics to weigh on global supply chain in the next 5 years
November 14, 2022 Inflation and geopolitical tensions are set to dominate concerns for the global supply chain over the next five years,...
Cathay Pacific Group expects return to pre-pandemic capacity by end 2024
November 14, 2022 Cathay Pacific expects a gradual recovery in capacity – expecting to operate 70% of its pre-pandemic passenger flight...
Hong Kong reports further decline in cargo volume for October
November 11, 2022 Hong Kong reported further deceleration in cargo volumes for October despite the start of the traditional peak season...
Chinese express delivery firms ship 552M parcels on “Singles Day” 2022
November 11, 2022 Chinese express delivery firms handled 552 million parcels during the November 11 "Singles Day" event...
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