United Airlines confident for recovery in 2023 United Airlines on Wednesday said it expects to surpass its pre-pandemic margins by 2023 but warned sales would suffer early this year [...]
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PSA International reports 1.7% volume increase in 2020 PSA International Pte Ltd (PSA) handled 86.6 million TEUs of containers at its port projects around the world for the year [...]
OOCL announces volume growth of 22.2% in Q4 2020 year-on-year For the fourth quarter ended December 31, 2020, OOCL’s total volumes were 23.7% up from the same period last [...]
Car manufacturers reducing output due to logistics shortfalls Shocks to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle [...]
New container ship order in 2020 represent 1 Million TEU of new capacity In virtually any ocean shipping market, a big jump in newbuilding orders is a headwind for [...]
IATA reports air cargo demand improved in November The International Air Transport Association (IATA) released data for global air freight markets in November showing that freight volumes improved compared [...]
Container volumes recover after falling 7.3% in first 5 months of this year Container shipping has proved to be remarkably resilient in 2020 in terms of volumes as well [...]
Port of Long Beach container volumes up with 30% while LA records 22% Due to unprecedented pre-Lunar New Year inbound volumes, a combination of increased consumer spending, holiday shipments [...]
ZIM registers primary stock offering on Nyse Index There is no end in sight for the record boom in the trans-Pacific container freight market. Now there may be a [...]
One out of four American airlines might disappear in 2021 The “Big Four” – Delta Air Lines, American Airlines, United Airlines and Southwest Airlines – have been pleading for [...]