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Jan 23, 2024
2024 Air Cargo: Uncertainties & Opportunities

The global air cargo industry saw a 9% annual growth in demand in December 2023, with the global average air…

Jan 22, 2024
Operations halted at DP World Australia

The ongoing wage dispute between the Maritime Union of Australia (MUA) and DP World has escalated this week, with the…

Jan 22, 2024
FMC to hold hearing on Red Sea disruption

The Federal Maritime Commission (FMC) has scheduled a public hearing on February 7, 2024, to assess the impact of conditions…

Jan 19, 2024
US Congress averts government shutdown

The U.S. Congress has approved a temporary spending bill to prevent a partial government shutdown, ensuring funding for federal agencies…

Jan 19, 2024
2024 Lunar New Year Market Perspective

Leading into the Lunar New Year As the “Year of the Dragon” commences on February 10, 2024, mainland China experiences…

Jan 11, 2024
Panama Canal to increase daily transits

Starting January 16, 2024, the Panama Canal will increase its daily transits from the current 22 to 24. These adjustments…

Jan 10, 2024
FAA allocates $66.2M for 66 airport projects

The U.S. Department of Transportation’s Federal Aviation Administration (FAA) is allocating $66.2 million, as part of President Biden’s Bipartisan Infrastructure…

Jan 9, 2024
Red Sea delays prompt cargo owners to explore airfreight

Due to escalating tensions over the Red Sea and the added impact of drought affecting the Panama Canal, air cargo…

Jan 8, 2024
CBP rolls out AD/CVD cargo messaging

On January 16, 2024, the U.S. Customs and Border Protection (CBP) will implement nationwide cargo messaging to address potential noncompliance…

Jan 5, 2024
EU and U.S. suspend steel tariffs

The European Union and the U.S. have mutually decided to extend the suspension of additional tariffs on two-way trade until…

Jan 4, 2024
Red Sea: Increasing Diversions and Costs

Recent reports indicate that half of the containership fleet transiting the Red Sea and Suez Canal is now opting for…