Industry

According to the Hong Kong Marine Department, the total 2015 container volume fell 9.5pc to 20.1 million TEU year on year. A total of 1.56 million handled by the port […]

In spite of the decommissioning of two carriers and a tonnage drop of 2.4 per cent year on year, LUFTHANSA Cargo still leads the 2015 European air cargo carriers ranking. […]

Beijing authorities have formally approved the creation of China Cosco Shipping Group (CSG), a new company created resulting from the merger between Cosco and China Shipping. CSG chairman Xu Lirong […]

Asia Pacific volume slowdown continues as airlines in the region have seen cargo volumes falingl by 2.4% last November due to a slow of international trade hitting manufacturing economies. The […]

IATA, the International Air Transport Association, has reported it is expecting a weak demand for air cargo during 2016 weak demand for air cargo with a falling commodity prices, a […]

With reference to the job cuts of Maersk Line previously announced to expedite cost reductions it was planned to cut down 4.000 employees on a global scale within a two […]

Despite the turbulences of the container shipping alliance structure due to CMA CGM’s takeover of APL, the G6 Alliance is likely to continue their present composition for another 12 months. […]

Latin America’s airline, LATAM have seen their cargo volumes fall with 13.7% in November on a seven point decline in load factor to 56.9%. The weak demand was attributed to […]

New routes offer greater flexibility for booming pharmaceutical trade IAG Cargo has today announced three new routes on its Latin American network. From summer 2016, the carrier will operate direct […]

Hong Kong’s, Cathay Pacific and Dragonair cargo volumes fell year-on-year with 3% in November, for the first time in nearly two years, to 160.120 tons as the global air cargo […]