Increasing COVID case numbers in China are cutting cross-border trucking capacity, prompting carriers to drop calls at Hong Kong, raising fears that the city is losing shipping line favour as a transhipment hub. With almost one million people in lockdown in Wuhan, where COVID was first detected, the Politburo confirmed last Thursday that China will …
Despite the massive challenges, our air freight team continue to find solutions for critical cargo and our Sea/Air services are invaluable for time-sensitive shipments. With options from across Asia, via a choice of hubs including Singapore, Colombo and Dubai, we offer the widest choice of service, transit and rates. There is a massive surge in …
Industry data released today shows that international demand for air cargo capacity versus a shortfall in supply pushed average global air cargo rates up 112% beyond their pre-COVID level, as lockdown in Vietnam and the closure of cargo handling terminals at Shanghai highlighted the fragility of Asia supply chains. Dhaka in Bangladesh is also very …
China is now the EU’s biggest trading partner, overtaking the US, as volumes of goods grew in both directions, propelled by sustained pandemic demand. As business with Europe’s major partners fell due to the COVID-19 pandemic, trade with China (import and export) was worth €586bn last year, rising €25bn in 2020, compared with €555bn worth …
Starting in November (UPDATE: NOW JANUARY 2020), in phased deadlines set by the International Civil Aviation Organization, 100% of all air freight shipments from Hong Kong International Airport must be X-ray screened by March 2021. Shippers using Hong Kong International Airport (HKIA) could see cost increases and disruption to cargo shipments after the world’s busiest …