The Belt and Road Initiative's Impact on Global Logistics
In an increasingly interconnected world, the Belt and Road Initiative (BRI) stands as one of the most ambitious and transformative...
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The Future of Shipping: Trends and Technologies Shaping the Industry
The shipping industry is constantly evolving, with new technologies and trends shaping the way goods are transported around the world. In...
Maersk donates containers to serve as housing for earthquake victims
DANISH shipping giant Maersk is donating 1,000 shipping containers to Turkey to help those in need affected by the massive earthquake...
Cathay offers seagoing air freight at Hong Kong Airport
HONG KONG's Cathay Pacific is the first carrier and terminal operator to offer cargo accepted in Dongguan then moved by ship to Hong Kong...
Shippers regain buying power as air cargo fundamentals shift
LOW rates and increased air cargo capacity has brought benefit shippers in 2023, as carriers contend with lower demand, according to...
China's Xiamen launches its first BRICS air cargo route to Brazil
CHINA's southeast coastal city of Xiamen across from Taiwan launched a new air cargo service to Sao Paulo in cooperation with Ethiopian...
Air Canada Cargo, Emirates SkyCargo to develop networks
AIR Canada Cargo and Emirates SkyCargo have signed a Memorandum of Understanding (MoU) to deliver more benefits to their air freight...
Georgia Ports to spend US$6m to expand refrigerated container capacity
THE Georgia Ports Authority (GPA) is increasing chilled cargo capacity to stay ahead of anticipated growth in demand. GPA executive...
Mixed outlook as volumes slid again in December: IATA
AIR cargo volumes declined for the tenth month in a row in December and there are mixed signals for the year ahead, according to IATA....
Concerns over forwarders being locked into "sky high" rates
AN air cargo stakeholder is "fearful" of the rates that freight forwarders began to pay to secure capacity during the recent period of...
Port of New York-New Jersey sets annual box record, moving 95m TEU in 2022
PORT of New York and New Jersey has for the first time in its history moved a record total of nearly 9.5 million TEU, finishing 2022 with...
Hapag-Lloyd acquires 40pc of Indian ports operator JM Baxi
GERMAN shipping giant Hapag-Lloyd has acquired a 40 per cent stake in India's JM Baxi Ports & Logistics Limited, the most recent in a...
Tianjin Port's annual container volume tops 21 million TEU
CONTAINER throughput of Port of Tianjin, which services Beijing, exceeded 21 million TEU in 2022, a 6.9 per cent increase over the last...
Chinese Shipbuilding now adept at building 24,000+ TEUers
CHINA is making much of its progress in building the new generation of ultra-large containerships, reports Fort Lauderdale's Maritime...
Port of South Louisiana to buy Avondale Global Gateway
THE Port of South Louisiana CEO Paul Matthews has announced that it has entered into a Purchase and Sale Agreement with T Parker Host to...
Ocean carriers find ways to deploy expanding fleets
OCEAN carriers are slowing down their ships and deploying extra tonnage on more robust routes as they aim to take surplus capacity,...
FedEx, Mountain Air Cargo deploys Cessna SkyCourier
FEDEX is growing its regional feeder services with North Carolina-based Mountain Air Cargo with the launch of Cessna 408 SkyCourier...
THE Alliance to deploy 23,500-TEUers on Asia-N Europe trade
THE Alliance, with member carriers Hapag-Lloyd, Ocean Network Express (ONE), Hyundai Merchant Marine (HMM), and Yang Ming, said one of...
Louisiana to be next hot US gateway with plans for major box terminals
LOUISIANA is expected to become the next hot container gateway to the US market, with plans for two neighbouring large box terminals...
Saudi Ports handle 237m tonnes of cargo in 2022, y-o-y hike of 13pc
PORTS IN SAUDI Arabia recorded a rise of 13 per cent in the volume of cargo handled in 2022, handling 237 million tonnes compared to 210...
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