Sector
Shipping
The ports of Long Beach and Los Angeles announced that it will begin collecting a rate of US$10 per twenty-foot equivalent unit (TEU) on loaded import and export cargo containers hauled by drayage trucks as they enter or leave container terminals sta...
Kerry Logistics Network Limited (Kerry Logistics) has launched a new One Stop Solution (1S2) service between the UK and Turkey citing growing demand in the route.
Kuehne+Nagel said it partnered with X's Project Chorus in an effort to enhance global supply chain visibility and resilience.
Emirates SkyCargo has announced that it will be reactivating its cargo hub in Dubai South, Emirates SkyCentral DWC, for dedicated freighter aircraft operations from March 26 in response to growing global demand.
The Port of Los Angeles (Port of LA) reported another record month in February with volumes continuing to increase despite persisting supply chain woes impacting the shipping industry.
Qatar Airways Cargo said it transported 190 horses to and from equestrian events in Qatar and Saudi Arabia.
RUSSIA-UKRAINE CONFLICT TO DRIVE UP AIR CARGO COST; DISRUPT ALREADY CONSTRICTED CAPACITY
15 March 2022The ongoing conflict between Russia and Ukraine is expected to drive up air cargo costs in the medium-term with the Asia-Europe lane seen to feel the most squeeze in both rates and capacity according to a new analysis from the Baltic Exchange Air Fre...
CHINA'S EXPRESS LOGISTICS ACTIVITIES EXPAND IN FEBRUARY
14 March 2022China's express logistics sector recorded stable growth in February as market demand and production gradually picked up, Chinese state media said, referring to data from the China Federation of Logistics and Purchasing.
ICTSI ADDS YARD EQUIPMENT FOR MANILA FLAGSHIP
14 March 2022Manila International Container Terminal (MICT), International Container Terminal Services, Inc.'s flagship operation at the Port of Manila, recently took delivery of eight new Mitsui hybrid rubber-tired gantry (RTG) cranes for its container yard to f...
The International Maritime Organization (IMO) is seeking the establishment of a safe maritime corridor for the safe evacuation of seafarers and ships caught between the ongoing Russia-Ukraine conflict.
Cathay Pacific has released its traffic figures for February that continued to reflect the airline's substantial capacity reductions in response to significantly reduced demand as well as travel restrictions and quarantine requirements in place in Ho...
BRUSSELS AIRPORT HITS 1 BILLION VACCINE MILESTONE
11 March 2022Brussels Airport said it handled one billion Covid-19 vaccines since the first vaccine shipments from the pharma airfreight hub in November 2020. It said the shipments include 750 million exports, 250 million imports, and millions more in transfers.
Port of Long Beach said it recorded its busiest February on record as ongoing efforts to expedite the transfer of long-waiting cargo off the docks lifted its performance. In a statement, the port said dockworkers and terminal operators moved 796,560...
Frankfurt Airport (FRA) reported that cargo throughput (airfreight + airmail) declined by 8.8% year-on-year to 164,769 metric tons in February 2022 although it is up 2.1% compared to the pre-pandemic level seen in February 2019.
The Port of Los Angeles and the Port of Long Beach announced the delayed consideration of the "Container Dwell Fee" for another week, this time until March 18. The two San Pedro Bay ports noted that they have seen a combined decline of 64% in aging c...