HIGHLIGHTS
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Air cargo capacity above pre-Covid level, but industry faces risk of zero growth in 2023
March 3, 2023 - Global air cargo capacity rose above the pre-pandemic level in February for the first time in four years, according to...
Asia Pacific airlines record another month of cargo volume decline in January
March 2, 2023 - Asia Pacific airlines continued to report a downtrend in cargo volumes at the start of 2023 as global economic...
JD Logistics opens 3rd warehouse in California
March 2, 2023 - JD Logistics United States, JD.com's North American logistics arm, recently announced the opening of its t...
FIATA calls for reasonable free time for container usage as congestion eases
February 28, 2023 - FIATA International Federation of Freight Forwarders Associations is urging shipping lines to review and reinstate the...
Hong Kong earmarks US$2.55M to promote high-end maritime services industry
February 24, 2023 - Hong Kong is seeking to further develop its maritime industry with the recent announcement of a HK$20 million (US$2.55...
ANA's mid-term strategy involves expanding cargo business
February 24, 2023 ANA Holdings Inc., recently unveiled its mid-term corporate strategy to 2025 and its new management vision — which has...
Cathay rebrands and introduces refreshed air cargo solutions
February 23, 2023 Cathay announced a rebrand of its cargo business and name change to Cathay Cargo as part of the Group's overarc...
SATS-1024px SATS to close WFS acquisition on April 3 — announces S$800 million Rights Issue
February 22, 2023 SATS Ltd. (SATS) announced it had received the necessary approvals from all jurisdictions for the acquisition of...
Korean Air to submit remedies to address EU concerns on its Asiana merger
February 20, 2023 Korean Air said it would continue dialogue with the European Commission following its move to open an in-depth...
Asia Pacific logistics rents expected to register "tamed" growth in 2023
February 20, 2023 Rent in logistics warehouses across Asia-Pacific is beginning to normalise after experiencing exponential growth during...
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