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WFS 'future-proofs' handling ambitions at Brussels with new terminal Feb 18,2021
Worldwide Flight Services (WFS), the world’s largest air cargo handler, has “future-proofed” its growing handling operation at Brussels Airport with the opening of a modern 250,000-tonne capacity cargo terminal, designed to optimise speed and deliver self-service and real-time in... [learn more]
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CMA CGM sets up dedicated air freight division Feb 18,2021
CMA CGM, owner of Ceva Logistics, is stepping up its strategic development in logistics by creating a specialised air freight division.Commenting on the move, Chairman and CEO, Rodolphe Saadé, said in a statement: “In response to the growing demand from our customers for agile logistics s... [learn more]
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Maersk to operate first carbon-neutral box ship by 2023 Feb 18,2021
Fast-tracked by advances in technology and increasing customer demand for sustainable supply chains, the world’s largest container shipping group A.P. Moller-Maersk is accelerating efforts to decarbonise its marine operations “with the launch of the world’s first carbon neutral l... [learn more]
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China’s megaports strengthen grip on box trade Feb 18,2021
China’s centrality to global trade was further emphasised in 2020 when its leading container hubs continued to record volume growth despite Covid-19 supply chain disruptions.Chinese ports occupy six of the top eight spots in Alphaliner’s ranking of the world’s top 25 container po... [learn more]
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Freight rates climb as China’s factories stay open Feb 18,2021
China-US ocean freight spot rates are climbing again, according to the latest rates update from Freightos, as China’s manufacturing stays open over the Lunar New Year holiday.Rates to the US West Coast increased 6% last week and are up 22% since the end of the year, while Asia-North Europe prices al... [learn more]
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Air freight charter volumes soar due to ocean congestion, PPE surge and Brexit Feb 18,2021
Leading air charter broker Air Charter Service (ACS) recorded spectacular growth in its cargo activity in January and the trend has continued into the current month, with a threefold rise this year driven by sea freight supply chain issues, a resurgence in personal protective equipment, and post-Brexit ... [learn more]