Transportation

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Feb 19, 2024
US Imports: Upward Trend Despite Negative Outlook

Amid geopolitical tensions and concerns about water levels in major canals, the United States is witnessing a significant surge in…

Feb 7, 2024
Maersk & Hapag-Lloyd’s Gemini Partnership

Gemini Cooperation, a recent collaboration led by Maersk and Hapag-Lloyd, is set to commence in February 2025. The collaboration aims…

Feb 5, 2024
Red Sea Crisis and the Anticipated Ocean Rate Outlook

According to Xeneta, ocean freight shipping rates are expected to increase further in early February due to the ongoing Red…

Feb 2, 2024
Red Sea Bypass: The Sea-Air Route Alternatives

As major shipping lines consistently bypass the Red Sea in order to mitigate potential risks, ocean freight rates have surged…

Feb 1, 2024
Insights into the Red Sea, Black Sea, and Panama Canal

UNCTAD, the UN’s trade and development body, has voiced apprehensions regarding the increasing disruptions in global trade. It emphasizes that…

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 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 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…