November 27, 2024
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Cathay says "very substantial reductions" to long-haul cargo capacity to continue in Q1
January 6, 2022 -
Following the earlier announcement of a seven-day pause in all its long-haul freighter flights which expires January 6,...
Supply chain issues, Omicron continue to dampen air cargo demand
January 5, 2022 -
December demand in the general air cargo market put a "final dampener" on 2021 peak season vo...
Port of LA, Long Beach defers “Container Dwell Fee” until January 10
January 4, 2022 -
The Port of Los Angeles and the Port of Long Beach announced that they will further delay consideration of the...
Cathay Pacific Cargo suspends all long-haul freighter flights
December 31, 2021 -
Cathay Pacific Cargo has announced that it is suspending all long-haul cargo freighter and cargo-only passenger flights...
Port of LA plans fees for empty containers from January 30
December 30, 2021 -
The Port of Los Angeles plans to begin charging a fee to ocean carriers that allow empty containers to linger on the...
Hong Kong mandates 3-day hotel quarantine for air cargo crew
December 29, 2021
Hong Kong — home to the world's busiest air cargo hub — has announced tighter quarantine measures slashing...
‘Container Dwell Fee’ at Port of LA/Long Beach remains on hold until January 3
December 27, 2021
The Port of Los Angeles and the Port of Long Beach has announced once again that they have delayed consideration of the...
Schedule reliability continues to be under 40% in 2021
December 27, 2021
Container line schedule reliability recorded a month-on-month decline in November of 0.4 percentage points to 33.6%,...
Maersk to acquire Hong Kong contract logistics, LF Logistics, in a US$3.6B deal
December 23, 2021
A.P. Moller - Maersk (Maersk) announced that it has reached an agreement to acquire LF Logistics, a Hong Kong-based...
MSC makes US$6.4B bid for Africa unit of Bolloré Logistics
December 21, 2021
MSC Mediterranean Shipping Co., the world’s second-biggest shipping line, has offered to buy the African transport and...
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