Business

Air cargo makes soft start to 2023

The International Air Transport Association (IATA) released data for January 2023 global air cargo markets showing that air cargo demand declined as economic headwinds persist.Global demand, measured in cargo tonne-kilometers (CTKs*), fell 14.9% compared to January 2022 (-16.2% for international operations).Capacity (measured in available cargo tonne-kilometers, ACTK) was up 3.9% compared to January 2022. This was the first year-on-year growth in capacity since October 2022. International cargo capacity increased 1.4% ... [+]

China Airlines Tops Global Airline Industry in Sustainability Yearbook 2023

S&P Global, the international sustainability assessment organization, has revealed the latest results for the Sustainability Yearbook 2023. China Airlines was assessed as the top performer in ESG (Environmental Protection, Social Responsibility, Corporate Governance) in the global airline industry and placed in the Top 1% of ... [+]

DB Schenker uses ultra-thin high-tech labels

Tracking technology as a sticker: DB Schenker is the first logistics provider from Europe to offer global tracking of freight shipments with the new ultra-thin tracking label by high-tech developer Sensos. The disposable label can be attached to containers, pallets, or individual cartons, enabling shipment ... [+]

Etihad Cargo expands capacity offering to US

Etihad Cargo is reinforcing its commitment to the US market with the introduction of an additional three weekly flights to JFK starting April 24, 2023. The additional flights will bring Etihad Cargo’s total cargo capacity to over 600 tons out of the US per week.The ... [+]

ONE orders 10 new state-of-the-art large container vessels

Ocean Network Express Pte. Ltd (ONE) announces that it has ordered 10 large new container vessels with a carrying capacity of over 13,700 TEU to be delivered in 2025 and 2026. This new order is in line with the company's medium-term strategy announced in March ... [+]

Port of LA signs agreements with Tokyo, Yokohama ports

The Port of Los Angeles recently entered into separate Memorandum of Understandings (MOUs) with the Port of Tokyo and the Port of Yokohama – to more formally collaborate on sustainability and environmental issues. The agreements were signed the week of March 16 by Port of ... [+]

WWL Celebrates 25 Years of Success

Worldwide Logistics Group (WWL), an integrated logistics provider, is celebrating its 25th anniversary by looking back at two and a half decades of success and customer satisfaction, and looking ahead with plans for continued growth. Since its inception, WWL has helped its customers transport goods ... [+]

Deutsche Post DHL Group concludes 2022

Deutsche Post DHL Group, the world’s leading logistics company, once again grew profitably in the past financial year. With revenue of EUR 94.4 billion, the Group exceeded its record from previous year by 15.5%. The jump in revenue resulted entirely from the international business of ... [+]

Port of Baltimore ships out original cranes

Three original Post Panamax-style container cranes that have been at the Helen Delich Bentley Port of Baltimore’s Seagirt Marine Terminal since it opened in 1990 were shipped on March 16, as Maryland’s port continues to upgrade infrastructure and make other enhancements to improve overall efficiency. ... [+]

Port of Savannah gains national market share

In the latest information from logistics data provider PIERS, the Georgia Ports Authority now handles one out of every 8.8 loaded twenty-foot equivalent container units in the U.S., its highest national market share ever.The Port of Savannah moved 11.4 percent of the nation’s loaded international ... [+]

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