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Cathay Pacific cargo carried drops 20% in Oct on economic headwinds
18 Nov 2022 4:00 PM ISTCargo revenue tonne kilometres (RFTKs) decreased 25% year-on-year, capacity was down 10% YoY
AD Ports Group acquires Noatum for $660mn
18 Nov 2022 12:27 PM ISTInvestment offers exposure to maritime business in Mediterranean region and port facilities in Spain
Backhaul spot rates drop sharply than fronthaul: Xeneta
17 Nov 2022 4:30 PM ISTCarriers are scrambling for volumes they can get; backhaul shippers having easier time getting their volumes on board.
Freightos Q3 revenue up 56% on higher transactions, booking value
17 Nov 2022 12:00 PM ISTNumber of air and ocean carriers receiving direct eBookings on the Freightos platform increased to 32.
Maersk, Carbon Sink sign deal for green marine fuels production
16 Nov 2022 6:56 PM ISTFirst facility will have a production capacity of approximately 100,000 tonnes per year.
ZIM Q3 net income drops 20% on lower volume
16 Nov 2022 6:19 PM ISTAverage freight rate was up 3% to $3,353/TEU, carried volume declined to 842,000 TEUs, down 5%
AJ Steel collaborate with KEZAD Group to expand operations in Abu Dhabi
16 Nov 2022 3:11 PM ISTThe agreement covers the development and operation of a steel pipe production facility in KEZAD, covering close to 96,000 square metres
UPS completes acquisition of leading healthcare logistics provider Bomi Group
16 Nov 2022 1:07 PM ISTAcquisition accelerates expansion of cold chain capabilities throughout Europe and Latin America
Cargo declines 25% at Los Angeles port in Oct
16 Nov 2022 11:46 AM ISTPort of Los Angeles has processed 8.5 million TEUs during Jan-Oct 2022, about 6% down from 2021’s record pace.
IndiGo CarGo commences operations with A321F
16 Nov 2022 10:00 AM ISTFirst freighter flight between Delhi & Mumbai to carry more than 20 tonnes on each leg
Loftware, SATO unveil cloud-based RFID encoding & logging solution with NiceLabel Cloud
15 Nov 2022 4:53 PM ISTSolution enables producers of medical devices, pharmaceuticals, and luxury goods to meet stringent traceability requirements
Skye Air, Vegrow collaborate for green grocery delivery
15 Nov 2022 2:55 PM ISTThe 3-day trials began at Nichar in Kinnaur district of Himachal Pradesh, from 11th November to 14th November.













