PRESS RELEASE
Carrier continues to rely on supply chain integration solution
American Airlines and CHAMP Cargosystems have extended their partnership for access to the largest air cargo community platform, Traxon cargoHUB. The carrier continues to rely on CHAMP’s services for …
PRESS RELEASE
[25 January 2022] – Cainiao Network, (“Cainiao”), the logistics arm of Alibaba Group, today announced the launch of a direct daily chartered flight from Nanning, China to Ho Chi Minh City, Vietnam, to safeguard the stability of Lazada’s …
Having already outstripped Long Beach as a bigger US import container hub, the port of New York & New Jersey is close to usurping Los Angeles at the top of the rankings.
The reason is the accelerating coastal shift of …
Huge increases in freight rates last year are likely to lead to container carriers reporting record fourth-quarter earnings, despite carrying fewer volumes than in Q4 20.
This morning, Cosco-owned OOCL released its fourth-quarter operational update that reported volumes across its …
After a second year of record profits for the liner shipping industry, Wan Hai and Cosco have fallen in line to join Evergreen in paying bountiful bonuses to staff.
Wan Hai, whose $2.49bn net profit for the first three quarters …
Hong Kong’s latest Covid restrictions have forced Cathay Pacific to drastically slash capacity, likely to mean a resumed operating cash burn from next month.
Cathay flew 134,691 tonnes of cargo in December, up 12% year on year, but down 24.1% …
Action from port authorities, combined with “bold regulatory moves”, will be necessary to enable a modal shift from road to rail across Europe, a new report from McKinsey claims.
Bold Moves to Boost Rail Freight urges European governments to consider …
