A glimmer of hope was offered up in the International Air Transport Association’s (IATA) lastest data for global air freight markets which showed demand, measured in freight tonne kilometres (FTKs), decreased by only 1.1 per […]
SEKO Logistics completes its largest-ever acquisition with the purchase of New York-based freight forwarder and cross-border e-commerce specialist, Air-City. The financial details of the acquisition were not revealed. Similar to the purchase of GoodShip International, […]
Pharmaceutical companies in Benelux will have access to expanded logistics facilities as pharma logistics specialist Yusen Logistics adds a 13,000 pallet highly automated warehouse to its Antwerp operation. The new facility is an extension of […]
DHL Express, the world’s leading international express service provider, today announced the appointment of Chee Choong Ng as managing director of DHL Express Hong Kong and Macau. With more than 20 years of experience in […]
China has designated another 24 cities as cross-border e-commerce pilot zones, in an effort to boost exports amid a slowing economy and the ongoing US-China trade war. These strategically located zones are designated to facilitate […]
The Singapore economy expanded by 0.7 per cent last year, down from 2018’s 3.1 per cent and its slowest in a decade reflecting the ongoing impact of China’s slowing economy and the US-China trade war. […]
Singapore Changi Airport (SIN) handled 178,000 tonnes of cargo for the month of November 2019, down 6.1 per cent year-on-year. Cummulative cargo volumes for the first 11 months came in at 1.84 million tonnes. Last […]
Saudi Arabian Airlines (Saudia) launches the Saudi Arabian Logistics (SAL) Co., a new independent entity within the Saudia Group focusing on cargo ground handling and logistics services across Saudi airports. SAL aims to provide integrated […]
The air cargo sector may end 2019 on a positive note becoming the first month in 2019 not showing a year-on-year decline, and possibly signally the returning health of air cargo, says WorldACD Market Data in […]
US President Donald Trump says he will sign the first phase of a trade deal with China on 15 January, sealing a deal that sees the world’s second largest economy increasing purchases of American farm […]
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