Global Oceanfreight Rates Softening
Global Oceanfreight Rates Softening OSLO-BASED Xeneta’s weekly market update showed that April has delivered a shock to the system for long-term ocean... Read More
Air Cargo Volumes Drop in April
Air Cargo Volumes Drop in April According to statistics from CLIME Data Services the air cargo industry continues to be buffeted by a range... Read More
China Launches its First Autonomous Container Ship Service
China Launches its First Autonomous Container Ship Service Zhi Fei entered commercial services after extensive trials as the first autonomous containership (Bestway)... Read More
Tight Lockdowns in China but Singapore and Hong Kong Opening Up
Tight Lockdowns in China but Singapore and Hong Kong Opening Up HONG Kong is to open to non-residents arrivals starting May 1,... Read More
Container Prices Easing Not Totally a Good Sign
Container Prices Easing Not Totally a Good Sign Container prices in the US have fallen in recent months and will fall more,... Read More
US Fails to press China on Trade
US Fails to press China on Trade THE US is continuing conversations with China despite China’s failure to abide by a... Read More
Air Asia jumps on Cargo Bandwagon
Air Asia jumps on Cargo Bandwagon Malaysia’s AirAsia is eyeing the acquisition of cargo airline Raya Airways to take advantage of the booming freight market. Raya... Read More
2021 profits for Hyundai Merchant Marine soars 7 fold
2021 profits for Hyundai Merchant Marine soars 7 fold Following on the news from other main line operators, Korean MLO Hyundai Merchant Marine... Read More
Congestion Eases in Long Beach and Los Angeles Port
Congestion Eases in Long Beach and Los Angeles Port HE backlog of containerships waiting to unload in southern California is shrinking, the... Read More
Warehouse Rental Costs Expected to Increase by 5% in 2022
Warehouse Rental Costs Expected to Increase by 5% in 2022 Rent in logistics warehouses across Asia-Pacific is expected to rise 3%-5%... Read More
