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...
- Panama ports first half box throughput up 14pc to 3.8 million TEU
PANAMA's ports cargo volume grew by 13
- 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
- MSC disputes veracity of eco lobby's analysis of its CO2 emissions
THE Mediterranean Shipping Co (MSC) says it has been falsely accused of backsliding in cutting carbon emissions, reports MarketScreener, of Annecy,...
- Gebruder Weiss spends US$7.9 million on Vienna ecommerce hub
AUSTRIA's transport and logistics company Gebruder Weiss' home delivery division has invested EUR6
- Japanese firm offers consultancy to Bangladeshi Matarbari port project
BANGLADESH's cabinet committee has recently appointed Japanese firm Nippon Koei Company to provide consulting services for the construction of a...
- 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...
- CMA CGM ups Far East-India rate US$300/TEU - $500/FEU August 15
FRENCH shipping giant CMA CGM has announced a rate increase of US$300 per TEU and $500 per FEU on cargo from the Far East to the Indian subcontinent...
- 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...
- BA and Air France-KLM plan share sales, layoffs to survive Covid
BRITISH AIRWAYS owner IAG has plans for a EUR2
- Increasing congestion at ports due to cancelled sailings out of India
CONTAINER trades out of India are faced with increasing congestion, due to a combination of blanked sailings, equipment shortages and carriers unable...
- 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
- Covid-19 leads to more digital cargo bookings at Air France KLM
AIR France KLM Martin Air Cargo (AFKLMP) has noted an increase in the use of its digital booking services since the outbreak of the coronavirus
- 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...
- 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...