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IATA: Air cargo expected to enjoy its second best year in 2022
THE International Air Transport Association (IATA) says strong cargo demand and passenger recovery could make global airline industry...
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FedEx expands Delivery Manager International to inbound area
FEDEX Express, a subsidiary of FedEx Co, has expanded its Delivery Manager International (FDMi) to include inbound residential shipment...
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Guangzhou Shipyard International delivers 2 innovative ships in same week
South China’s largest shipbuilder, Guangzhou Shipyard International (GSI) this week celebrated the delivery of two innovative ships. The...
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Private investment in ports is about more than money
Non-public investments in all sectors of the economic system have confirmed to be not solely necessary but additionally essential to the...
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China plans $75 billion infrastructure fund to revive economy
BEIJING, July 5 (Reuters) - China will set up a state infrastructure investment fund worth 500 billion yuan ($74.69 billion) to spur...
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Biden Considering Easing Trumps’ China Trade Tariffs
Senior US and Chinese officials discussed US economic sanctions and tariffs Tuesday amid reports the Biden administration is close to...
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Maersk Sees No Let Up In Surging Cost Of Shipping Goods
The cost of shipping goods has surged 25-30% since the start of the pandemic due to array of inflationary pressures that are “unlikely to...
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Port of Los Angeles & Long Beach box dwell fee on hold again through July 8
The San Pedro Bay ports of Long Beach and Los Angeles will once again delay consideration of the "Container Dwell Fee" until July 8....
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Box congested Port of Oakland slashes free waiting time
THE Port of Oakland has reduces its landlord dwell time for containers from seven to four days before tariffs are applied, reports CNBC...
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Port of Santos enjoys its best ever start in box business year
MANAGING a 0.4 per cent year-on-year container volume increase in the first five months of the year, Brazil's Port of Santos has made its...
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Box ships still go for US$160,000 daily despite import fears
CONTAINERSHIPS are still renting US$160,000 a day despite import fears, with demand to transport cargo weakening, reports BeyondWords....
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Cathay Pacific Cargo resumes full freighter schedule
HONG KONG's Cathay Pacific Cargo has resumed its full freighter schedule and will be operating between 90 to 100 freighters a week,...
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Cargo from AAPA members fell 5.6pc in May 2022
CARGO traffic carried by the Association of Asia Pacific Airlines (AAPA) members fell 5.6 per cent in May 2022, reports London's Air...
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What are the best products to import from China?
This is one of the biggest questions on the minds of many budding entrepreneurs. What are the best products to import from China? What...
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Boxship building spree continues, problems loom ahead
LINER operators and ship-owning companies continue placing more orders, mostly at Asian yards, despite the rising price of newbuild...
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BAL orders its first newbuild ships at China's Jiangnan Shipyard
HONG Kong-registered fast- growing Chinese containership operator BAL Container Line has placed its first newbuild orders, according to...
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Freight rates expected to fall 20-30pc in the second half of the year
SHIPPING prices have already started to fall although inflation remain high as some US importers reduce orders for goods amid concerns...
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Wan Hai named container shipping line of the year on Far East trade lane
TAIWAN's Wan Hai Lines has been crowned the "Container Shipping Line of The Year - Far East Trade Lane" by the 13th India SECC (South...
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Kalmar to supply three Eco reachstackers to Yantai
KALMAR, part of Cargotec, has received an order for three Kalmar Eco Reachstackers from Yantai Port in China making the Eco reachstackers...
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MHT to receive US$8m funding for air cargo facility
THE US Federal Aviation Administration is to award US$7.9 million to Manchester-Boston Regional Airport (MHT), in Manchester, New...
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