HIGHLIGHTS
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Korean Air inks Asiana cargo sale to Air Incheon for US$342M
August 8, 2024 - Korean Air Lines (Korean Air) has signed a "basic business sale agreement" with South Korean cargo...
Potential ILA strike impact would depend on how long it lasts
August 14, 2024 - The impact of a potential strike in the US East Coast ports would take from days to several weeks to be cleared,...
Photo by Kylle Pangan on Unsplash Air cargo set to continue its strong performance in the second half – IATA
August 5, 2024 - The International Air Transport Association (IATA) said the air cargo industry is set to continue its strong...
Singapore leads Asia Pacific in logistics rental growth amid regional slowdown in H1
August 7, 2024 - Rental rates for logistics spaces in the Asia Pacific region have sustained their upward trend, although the growth has...
Air cargo outlook remains positive despite IT outage, other market distortions
August 6, 2024 - Logistics challenges and market disruptions in July have caused turbulence in the overall airfreight market, but the...
Political turmoil in Bangladesh causes major disruptions in logistics
August 6, 2024 The recent political turmoil in Bangladesh has significantly impacted logistics across the country. Judah Levine, head...
Cathay eyes increased ASEAN network to seize regional growth opportunities
August 5, 2024 Cathay Pacific is looking to bolster its network within the countries of the Association of Southeast Asian Nations...
Air freight rates have reached a plateau, but so has capacity – Stifel
August 2, 2024 According to a new Baltic Air Freight Index (BAI) analysis, air freight prices remained largely unchanged in July, with...
Sea-Intel: No consolidation impact on shipping competition
August 1, 2024 Despite the notion of a concentrated nature in global shipping, Sea-Intelligence said data points to a different...
Red Sea woes to continue to pose risks to supply chains in the second half
August 1, 2024 The quick recovery of July's global IT outage produced no significant ongoing disruption to resurgent air c...
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