HIGHLIGHTS
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Korean Air gets final European Commission approval on Asiana merger
November 28, 2024 - Korean Air announced that the European Commission has given its final approval for its proposed merger with Asiana...
Sea-Intel: Major ocean carriers report 600% growth in Q3 earnings over last year
November 25, 2024 - The major ocean carriers reported combined Earnings before interest and taxes (EBIT) of US$17.06 billion in the third...
Cathay expects robust cargo demand through the rest of the peak season
November 21, 2024 - Cathay Pacific is anticipating cargo demand to remain robust through the rest of the peak season driven mainly by...
Credit: PEXELS/FARIZ PRIANDANA Air freight peak expected to take rates higher, and possibly higher yet
November 22, 2024 - Forwarders and cargo owners have prepared for the peak season with a strong sense of foreboding. Predictions point to...
Credit: INTERNATIONAL LONGSHOREMEN’S ASSOCIATION East, Gulf ports strike’s ripple effect could disrupt schedules into 2025
November 22, 2024 - Although the port strike at the U.S. East and Gulf Coast ports may have ended in just 72 hours, the impact of the halt...
Cargo traffic continue to grow steadily at Hong Kong Int'l Airport
November 19, 2024 Hong Kong International Airport (HKIA) reported another month of steady cargo volume growth in October, mainly driven...
Globalization remains at a record level, despite geopolitical tensions, uncertainties
November 19, 2024 Globalisation remains at a "record level" despite geopolitical tensions and uncertainties, accordin...
Global trade shifts to continue into 2025
November 18, 2024 Global trade shifts are likely to continue in 2025 as businesses aim to prevent disruptions caused by existing and...
APAC airline executives call for multi-pronged strategy to achieve net zero
November 14, 2024 The leaders of the Association of Asia Pacific Airlines (AAPA) believe that a multi-pronged approach is necessary to...
Kuehne+Nagel acquires majority stake in IMC Logistics
November 14, 2024 Kuehne+Nagel has acquired a majority stake in United States marine drayage provider IMC Logistics (IMC). It will...
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