HIGHLIGHTS
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War, e-commerce place pressure on air freight capacity
June 16, 2022 - Air freight capacity continues to struggle with headwinds. Disruptions have hampered the recovery of bellyhold capacity...
Hong Kong extends slot-use rule waiver to October
June 16, 2022 - Hong Kong International Airport (HKIA), the world’s busiest cargo airport, is extending its slot-use rule waiver until...
Emirates SkyCargo expects pharma growth to continue beyond Covid-19
June 16, 2022 - Emirates SkyCargo continues to transport vaccines and related medical supplies with no letdown as the world recovers...
Ocean carriers record "very strong" US$43.9B operating profit in Q1
June 15, 2022 - Shipping lines have carried over its strong performance from 2021, recording a "very strong" operatin...
US passes Ocean Shipping Reform Act
June 14, 2022 - The US Congress approved on Monday the Ocean Shipping Reform Act which the American government expects to help ease...
S&P: Dry bulk freight rates seen to remain stable amid steady trade growth
June 13, 2022 Dry bulk freight rates are forecasted to remain stable amid a "limited supply" and steady growth i...
Bolloré opens new warehouse and distribution center in Thailand
June 10, 2022 Bolloré Logistics announced the recent opening of its brand-new warehouse and distribution centre in Thail...
Sea-Intel: US$5B-US$10B lost to shippers due to delays
June 8, 2022 Shipping delays due to persisting supply chain constraints are costing shippers worldwide anywhere from US$5 billion to...
IATA notes optimism for air cargo amid current market challenges
June 8, 2022 The International Air Transport Association (IATA) signaled optimism about the recovery of the air cargo industry amid...
Cathay anticipates recovery of Hong Kong, global aviation in 18-24 months
June 8, 2022 Cathay Pacific expects the aviation sector to bounce back in the next two years. In a statement welcoming the Hong Kong...
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