IAG CARGO's strategy of setting up a scheduled cargo network of passenger-freighters while most of its aircraft are grounded has paid off,...
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IAG Cargo passenger-freighter idea pays off as sales soar 33.1pc - FedEx still tops in air cargo but Qatar and Turkish are rising: IATA
FEDEX remained the world's busiest cargo airline despite volumes remaining flat year on year while Qatar moved into second place and UPS was up...
- US to widen action against Chinese tech groups beyond TikTok target
THE US administration has vowed to 'take action' in a matter of days against Chinese software companies that it perceives as a risk to...
- Increased tonnage afloat will result in rate slide, says Alphaliner
SOME 313 containerships, or 1,555,959 TEU, remained laid-up as of July 20, representing 6
- 100 dead, 4,000 injured in Beirut port ammonium nitrate blast
MORE than 78 were killed and 4,000 injured when a cache of ammonium nitrate in a Port of Beirut exploded, showering broken glasd city-wide over...
- EU Commission clears Alstom's takeover of Bombardier Transportation
CANADIAN plane and train maker Bombardier and French Alstom train maker have welcomed the European Commission's decision to accept the...
- Containership scrapping increases as July hits three-year high
CONTAINERSHIP scrapping reached a three-year high in July according to Hellenic Shipping News
- Ecommerce surge experienced by UPS attributed to Covid scare
ECOMMERCE got a boost from the Covid-19 scare if the surge in online shopping posted by United Parcel Service is anything to go by, reports the...
- Shipbuilding orders fall on fear of new eco rules and global depression
ISLE OF WIGHT based VesselsValue says that 2020 is shaping up to be an exceptionally weak year for tanker, bulker and containership orders, reports...
- Employers: Montreal dockers behaviour threatens to non-strikers
THE Montreal local of the New York-based International Longshoremen's Association (ILA) have again resumed their recurring dock strikes that have...
- China is buying computer chips before Hong Kong route is shut down
CHINESE importers of computer chips are on a buying spree before the Hong Kong route shuts down in China's current contretemps with the western...
- Australia declares China's South China Sea claims are unlawful
AUSTRALIA has joined the United States in stating that China's claims in the South China Sea do not comply with international law in a...
- APMT Alabama box shop's plan threatens US east coast rivals
MAERSK's APM Terminals Mobile plans to expand in Alabama to 1
- Shipowners slow to sign long hires as charter market heats up
CONTAINERSHIP brokers are reporting 'brisk business', although owners are reluctant to fix for longer periods against rising daily hire rates
- Le Havre, Marseilles recovering ground after strikes and Covid
France's two biggest ports - Marseilles and Le Havre are faring worse than regional rivals, risking future volumes that amount to EUR1
- AFG inks deal with Boeing for two 737-800BCFs
US aircraft manufacturer Boeing has signed an agreement with plane trader Aircraft Finance Germany (AFG) to modify and deliver two 737-800 Boeing...
- Air cargo market 'exceptionally challenging' despite improvement in June
THE latest IATA statistics show that there are some signs of improvement in the decline in airfreight traffic in June, but business remains...
- ICTSI inks concession contract with Cameroon's Kribi terminal
MANILA's International Container Terminal Services, Inc (ICTSI) has signed a concession contract with the Port Autonome de Kribi (PAK) for the...
- Port of Tanjung Pelepas smashes another move record
MALAYSIA's Port of Tanjung Pelepas (PTP) has established another operational milestone after it broke the productive moves per hour (PMPH) record...
- H1 rail freight volumes up 15pc at Ningbo-Zhoushan port
IN the first half of this year, the Port of Ningbo-Zhoushan in China's Zhejiang province has posted 444,000 TEU sea-rail transportation volume,...