A US$4.8 billion offer by FedEx to acquire integrator TNT would boost its position in the European express market, but would have limited impact in Asia, the Pacific and most other markets.

Zim’s board of directors have given approval for the line to launch a new Asia/USEC service during late May, using its own tonnage.

Congestion is easing at US West Coast ports following a deal between the Pacific Maritime Association and the International Longshore & Warehouse Union.

Several European carriers that traditionally had a strong focus on freighter operations, such as Air France-KLM, have cut back their maindeck lift and are expected to make further cuts.