Global Economy

The Suez Canal Authority is considering expanding the southern section of the waterway where the container ship Ever Given became stranded, its chairman said. It is also looking into procuring …

The world’s largest container carriers have adopted DCSA Track & Trace (T&T) standards with a commitment to providing customers access to the standards-based API. The DCSA T&T API provides a …

The International Air Cargo Association (TIACA) called for action to address critical challenges being faced by the air cargo industry. The organisation has completed a year long transformation program which …

Southwest Airlines Cargo is being honoured for its consistent work delivering outstanding service for its customers in 2020.  The carrier was recently named the Airforwarders Association’s domestic airline of the …

IAG Cargo has celebrated its 10-year anniversary this month, as it marks a decade of transporting vital shipments safely and efficiently for customers across the world. IAG Cargo was created …

Amazon has expanded its existing commercial relationship with Ontario-based freighter operator Cargojet through a deal to operate two Boeing 767-300 freighter aircraft on behalf of the e-commerce giant. Cargojet expects …

UPS plans to add electric Vertical Takeoff and Landing (eVTOL) aircraft to its air fleet. The aircraft will take off and land in a whisper-quiet fashion, reducing time-in-transit, vehicle emissions, …

The composite index inched up 0.2% or $12 this week, and also, remains 220.2% higher than a year ago. The average composite index of the WCI, assessed by Drewry for …