HIGHLIGHTS
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union pacific - eddie-bugajewski-LXwEkJZEtgU-unsplash U.S. logistics players prepare for Asian import surge
July 22, 2022 - Importers in the United States have had a nervous runup to an early taste of peak season traffic as they were bracing...
Flexport: Air freight market continues to cool down
July 22, 2022 - The market continues to cool down with carriers reducing rates for both Transpacific Eastbound (TPEB) and Far East...
DHL HK: Shippers "more optimistic" about development of int'l trade in Q3
July 21, 2022 - Local air traders in Hong Kong signaled a "more optimistic outlook" for overall air trade to and fr...
DP World’s Imperial obtains approval to fully acquire Africa-based J&J Group
July 20, 2022 - DP World-owned Imperial Logistics has secured approval for the full acquisition of Africa-based J&J Group w...
Cathay targets to operate 65% of pre-Covid cargo flight capacity by yearend
July 18, 2022 - Cathay Pacific saw its cargo volumes dip in June compared to a year ago as demand weakened in some major trade lanes...
Disruptions to supply chains continue to impact cargo volumes at Hong Kong airport
July 18, 2022 Hong Kong reported that cargo volumes dropped again in June, the third straight month of decline recorded, as...
New tolls at Panama Canal approved — to be effective from January 2023
July 15, 2022 Panama Canal will be implementing new tolls effective January 2023 which will reduce the number of tariffs at the...
Drewry: Shipping seeing continuous improvements in transit times, port delays
July 15, 2022 After more than two years of chronic delays in container shipping, shippers are finally seeing continuous improvements...
Aviation needs annual investment of US$175B to reach net zero by 2050
July 15, 2022 An investment of about US$175 billion per year is needed to reach net-zero emissions by 2050, according to a recent...
Pudong Airport has already reached pre-lockdown levels of daily tonnage turnover
July 15, 2022 Over a month since the easing of the lockdown measures in Shanghai, Flexport said in its latest market update that...
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