Air Freight News
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2024 Supply Chain Risk Trends Analysis
Each quarter of 2024 surpassed previous records set in 2023, though the margin of increase narrowed as the year progressed. The most dramatic spike occurred…
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Datamars launches the Revolutionary RFID “Sorti-Cart” transforming textile management in retirement homes
Datamars, a global leader in RFID solutions for the textile and industrial laundry sector, proudly announces the launch of its latest innovation, the UHF Sorti-Cart,…
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Container sector bullish after stellar 2024, but downside risks could prompt 2025 slowdown
The time charter (TC) rates for Post Panamax container vessels rose by 111% year-on-year (y-o-y) in 2024, hitting 73,330 USD/Day, and has led to a…
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Global foreign investments: Diverging trends amid global challenges
In 2024, global FDI rose 11% to an estimated $1.4 trillion but dipped by 8% when excluding flows through European conduit economies – which often…
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EIA forecasts lower oil price in 2025 amid significant market uncertainties
We forecast benchmark Brent crude oil prices will fall from an average of $81 per barrel (b) in 2024 to $74/b in 2025 and $66/b…
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Cathay Pacific releases traffic figures for December 2024
Cathay Pacific today released its traffic figures for December 2024. In the full year of 2024, the Cathay Group achieved new post-pandemic highs for total…
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WCAworld expands into Events & Expo Logistics Space
WCAworld, the world’s largest and most powerful network of independent freight forwarders, today announced the launch of its latest innovation: WCA Live Events & Expo…
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XLP members, Total Movements port-to-door delivery of critical oil & gas equipment from Saudi Arabia to Singapore
Total Movements has successfully completed the port-to-door delivery of 1500cbm of critical Oil & Gas equipment from Saudi Arabia to a final delivery site in…
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Envana secures grant for $5.2M DOE methane mitigation technology project
“Envana Software Solutions” (Envana) has been awarded a $4.2 million grant by the “U.S. Department of Energy” (DOE) to advance oil and gas methane monitoring…
Descartes Study: 74% of supply chain leaders see technology as key to growth amid rising global trade complexities
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released findings from its study What Companies are Doing to Tackle Escalating Global…