demand

US cargo carriers asked to pay back or show need for US$630m in Covid aid
FOUR US cargo carriers have been asked to return or demonstrate their need for more than US$630 million in Covid-19 support funding as part of the...
Cainiao gears up for 11.11 shopping spree, deploying 700 chartered flights
ALIBABA's logistics arms, Cainiao Smart Logistics Network (Cainiao Network) announced that it plans to operate over 700 chartered flights to...
Kuehne + Nagel Q3 profit up 24pc to US$293m on the back of revenue slide
SWISS-BASED forwarder Kuehne + Nagel posted a net profit of US$293 million in the third quarter, an increase of 24 per cent compared to the same...
Dachser adds weekly Frankfurt-Shanghai charter for the autumn peak
WITH production gradually recovering and cargo space still limited due to the reduced number of passenger flights, Dachser Air & Sea Logistics is...
AirBridgeCargo transports vaccine manufacturing equipment to US
RUSSIA's AirBridgeCargo Airlines (ABC) has transported vaccine manufacturing equipment to US as part of a Covid-19 production project
United Airlines posts US$1.8b Q3 loss as revenue plunges 78pc
UNITED Airlines has reported a US$1
Shipping urged to work with EU to develop new green framework
A KEY message emanating from the recent virtual high-level meeting at the Global Maritime Forum is that rather than fighting regional environmental...
Cathay Pacific axes 8,500 jobs and shuts down Cathay Dragon
HONG Kong's flag carrier Cathay Pacific has confirmed that it will cut 8,500 jobs across the entire group, including 5,300 local staff and 600...
American Airlines keeps cargo-only flights to Beijing through March
TEXAS-BASED American Airlines will continue to operate cargo-only flights to Beijing Capital International Airport with passenger aircraft through...
TIACA says air cargo industry not ready for Covid-19 vaccine distribution
A SURVEY conducted by The International Air Cargo Association (TIACA) and Pharma
CMA CGM Ural breaks another record at Port of Melbourne's VICT
THE ANL operated CMA CGM Ural with a nominal capacity of 10,622 TEU has broken another record at the Port of Melbourne with the highest TEU exchange...
WFS sets up Project Coldstream to handle 16b doses of Covid-19 vaccine
PARIS, France-headquartered cargo handler Worldwide Flight Services (WFS) has launched Project Coldstream to co-ordinate its response to the...
Cathay Pacific Cargo targets South American, African markets
HONG Kong's Cathay Pacific's wants to expand its reach to South America and Africa, says the airline's new director of cargo Tom Owens
Cathay Pacific's airfreight demand ramping up
HONG Kong's Cathay Pacific and Cathay Dragon carried a total of 109,453 tonnes of cargo and mail in September, a decrease of 36
HMM aids exporters adding two sailings from Busan to LA
SOUTH Korea's HMM announced that it will dispatch two more container ships to support South Korean exporters that are struggling to ship out...
Textile companies in India to gain from US-China trade war
THE US-issued Withhold Release Order on cotton and apparel imports from specific producers in the Xinjiang Uygur Autonomous Region, which may...
Alliance makes raft of November changes, and cancellations
THE Alliance, made up of ocean carriers Hapag-Lloyd, Yang Ming, Ocean Express Network (ONE) and HMM, have announced changes to a large number of...
Seychelles Ports Authority takes delivery of new tug from Sanmar!
Seychelles Ports Authority (SPA) recently completed technical acceptance of a new azimuth stern drive (ASD) tug from Sanmar Shipyards in Turkey.
Global container ship companies cash in on higher rates: Fitch
NEW York-headquartered ratings agency Fitch Ratings says the recent increase in spot container freight rates, driven by shipping companies'...
Hapag-Lloyd's CE warns of longer-term Covid-19 impact on global economy
GERMAN container shipping firm Hapag-Lloyd is benefitting from a rebound in transport demand but its chief executive, Rolf Habben Jansen, warned...