Korea exports post double-digit drop as China demand weakens
South Korea’s exports fell the most in two-and-a-half years in November, dragged down by an economic slowdown in China and cooling demand for semiconductors.
WorldACD Air cargo trends for the past 5 weeks (wk 46):
Global air cargo volumes have remained stubbornly flat in the last two weeks after dropping in the first few days of November, with this year’s…
Antonov Airlines completed an urgent cargo transport to the remote island
The Ukrainian ANTONOV Airlines – world leader in outsized and super heavy cargo transportations safely delivered a spare engine in a short notice
CSL’s MV Nukumi named Bulk Ship of the Year 2022
Canada Steamship Lines ("CSL"), a division of The CSL Group, is pleased to announce that its latest newbuild self-unloading vessel, MV Nukumi, was named Bulk…
Lufthansa Cargo launches freighterservice to Hanoi, doubling its capacity to Vietnam
• Expansion of the B777F route network in Asia • Strengthening presence in the flourishing economic regions of Ho Chi Minh City and Hanoi •…
Russian upstream investments set to plunge by $15 billion this year as sanctions obscure production outlook
The financial impact of Western sanctions and the widescale exodus of foreign partners from the Russian oil and gas sector are beginning to materialize, with…
DOTD announces $3 million in grant funding to improve Louisiana rail infrastructure
Today, the Louisiana Department of Transportation and Development (DOTD) announced the first projects selected to receive a total of $3 million in grant funding under…
NAW applauds House passage of legislation to prevent devastating rail strike
Swift passage in the Senate will prevent supply chain and economic collapse
Xeneta container rates alert: sharp decline for long-term ocean freight rates signals “an end to record-breaking quarters” for carriers
Long-term ocean freight rates suffered a steep month-on-month decline in November as subdued spot prices, weak demand, and ongoing economic uncertainty caught up with contracted…
WinGD cybersecurity type approval from DNV prepares owners for incoming regulations
Swiss marine power company WinGD has become the first marine engine designer to gain cybersecurity type approval for its engine control system, ahead of mandatory…
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