News

Do ocean carriers have a future in airfreight?

Europe’s three leading ocean shipping groups, Maersk, CMA CGM, and MSC, have pursued a fast-paced strategy in recent years that has transformed them from simple “box” carriers...

26.04.2024 Continue reading

US Postal Service to migrate air cargo to UPS during summer

The U.S. Postal Service plans to shift daily air cargo volumes to UPS before the contract with FedEx expires in September to ensure no service interruption for customers heading...

26.04.2024 Continue reading

Global air cargo rates steady: TAC Index

Little evidence of impact on prices caused by severe rain in Middle East and disruption in major hubs like Dubai.

26.04.2024 Continue reading

"Superport" ICD Vinh Phuc (VN) operates Phase 1

The ICD Vinh Phuc Logistics Center is one of the key projects in the province with a total investment of nearly 150 million USD, designed to handle approximately 530,000 TEU...

26.04.2024 Continue reading

No summer siesta for airfreight

Traditionally, air cargo spot rates tend to decline or remain flat at best during H1, before rebounding from September onward until the year-end holiday season.

26.04.2024 Continue reading

News #57 - ACI: Hong Kong Retains Title As World’s Busiest Cargo Airport

The list of the world’s busiest cargo airports stayed consistent in 2023, with only one airport dropping out of Airports Council International (ACI) World’s top 10.

19.04.2024 Continue reading

News #57 - Apple to expand further investment in its Vietnam supply chain

US tech giant Apple announced that it would increase spending for its supply chain’s partners in Vietnam, which is considered a key manufacturing center.

19.04.2024 Continue reading

News #57 - Bottlenecks and price hikes as airlines now avoid Iran airspace

Asia-to-Europe airfreight could face extreme bottlenecks and price hikes due to the rising tension in the Middle East, and sea-air transhipments from Dubai will also be affected.

19.04.2024 Continue reading

News #57 - Air freight rates decline marginally, six-week rally ends: TAC Index

Global air freight rates dipped slightly last week, according to the latest data from TAC Index. The overall Baltic Air Freight Index calculated by TAC was lower by -0.8 percent...

19.04.2024 Continue reading

News #57 - For forwarders, 'a hot Q4' will be all about controlling air cargo capacity

“Capacity is going to be king for the rest of 2024.” That’s the word from forwarders negotiating with airlines at the CNS Partnership event in Dallas this week.

19.04.2024 Continue reading

News #57 - Dubai cargo disrupted after flash floods

Cargo operations in Dubai continue to face disruption following flash flooding that temporarily closed Dubai International (DXB) airport.

19.04.2024 Continue reading

News #56 - Elon Musk unveiled the concept behind the hyperloop technology

A quarter-mile white steel tube running alongside a railway line in the windswept northern Netherlands could usher in a new era in the transportation of people and freight.

12.04.2024 Continue reading

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