Still lots of challenges ahead Airline industry profits will come in lower than forecast this year as passenger numbers and cargo volumes are held back by slowing economic growth [...]
IATA hinge accounts raise concerns Forwarders are calling for greater transparency in CASS as concern rises over IATA’s running of the cargo payments system. The news comes after a [...]
Overall difficult year for American carriers Americas-based carriers Delta Air Lines and LATAM Cargo shrugged off the move into peak season with continued drops in traffic during October 2019, [...]
Asian carriers fail to capitalize on peak season Many of the major Asia-Pacific airlines have now reported their results for October 2019 cargo traffic, and annual comparisons are not [...]
World’s largest shipbuilding group sees the light of day China on Tuesday formally established China Shipbuilding Group, which the country’s government-run broadcaster described as the world’s largest shipbuilder. The [...]
THE Alliance installs contingency fund THE Alliance members have filed an amended version of their vessel-sharing agreement (VSA), to incorporate new member HMM, with the US Federal Maritime Commission [...]
CEVA to be cash flow-positive by 2020 Shipping group CMA CGM said it planned to raise $2 billion to help finance its takeover of CEVA Logistics, with half the [...]
EVA sees profits halved in Q3 EVA Airways Corp saw its third-quarter net profit halve to NT$1.27 billion (US$41.6 million) from NT$2.59 billion a year earlier due to sluggish [...]
ZIM’s Q3 2019 results The container shipping industry is dynamic and volatile and has been marked in recent years by instability, characterized by volatility in freight rates and bunker [...]
Global Goods Trade Hit by Tensions and Rising Tariffs, WTO Says Global trade in goods will likely remain below trend through the current quarter due to heightened tensions and [...]
