<div class="phx-topic abstract-wrapper"><p>The airline industry is reeling from the debilitating effects of recession overseas and the conseque</p></div>

The airline industry is reeling from the debilitating effects of recession overseas and the conseque

<div><p>The airline industry is reeling from the debilitating effects of recession overseas and the consequent cut-throat competition that forced many airlines into bankruptcy in the past few years.</p><p></p><p></p><p>However, an upturn is in sight - at least in carrying cargo - and much of the growth will be in Asian markets, expected to account for about half the world market.Authorities as well as companies in Singapore are gearing up both for increased cargo traffic and more passengers.</p><p></p><p></p><p>Boeing Co. of Seattle projects the global air market growing an average 6.8 percent a year to 2010. It forecasts air cargo leaping to about...

AIR CARGO RECOVERY TO TAKE OFF IN ASIA

<div class="phx-topic abstract-wrapper"><p>The agreement follows a series of concessions between carrier-controlled terminal operators and Vietnamese companies in the last few years to develop port facilities at Lach Huyen.</p></div>

The agreement follows a series of concessions between carrier-controlled terminal operators and Vietnamese companies in the last few years to develop port facilities at Lach Huyen.

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Port News

Port infrastructure

International ports

Maritime

Singapore’s PSA signs deal to develop $945 million four-berth Haiphong terminal

<div class="phx-topic abstract-wrapper"><p>The integrator’s positive earnings momentum was led by its air cargo-focused Express division that saw pre-tax profit increase 63% year over year in the quarter. </p></div>

The integrator’s positive earnings momentum was led by its air cargo-focused Express division that saw pre-tax profit increase 63% year over year in the quarter.

Air Cargo Forwarder News

Air Cargo

DHL raises full-year profit forecast after Q2 revenue, earnings gains

<div class="phx-topic abstract-wrapper"><p>With a recent investment commitment from current majority owner China Merchants Port Holdings, Hambantota’s annual box-handling capacity is expected to double to 2 million TEUs by the end of the year.</p></div>

With a recent investment commitment from current majority owner China Merchants Port Holdings, Hambantota’s annual box-handling capacity is expected to double to 2 million TEUs by the end of the year.

Container lines

Asia-Europe

Marine terminals

Container Shipping News

MSC in talks to buy into Sri Lanka’s Hambantota amid port deal spree: sources

<div class="phx-topic abstract-wrapper"><p>Investment in alternative fuels and electric trucks remains constrained by high upfront costs, infrastructure limits and the difficulty of passing green premiums on to customers, industry leaders say.</p></div>

Investment in alternative fuels and electric trucks remains constrained by high upfront costs, infrastructure limits and the difficulty of passing green premiums on to customers, industry leaders say.

Trucking News

Transport, Trade and Regulation News

Supply chain

Surface

Cost pressures slowing decarbonization drive in UK logistics sector

<div class="phx-topic abstract-wrapper"><p>There’s little to no sign truckload rate hikes are slowing post-July 4, as tight capacity keeps pricing elevated headed into what’s typically a slower season. </p></div>

There’s little to no sign truckload rate hikes are slowing post-July 4, as tight capacity keeps pricing elevated headed into what’s typically a slower season.

Truckload

US truckload spot rates surpass COVID-19 highs under supply pressure

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Singapore’s PSA signs deal to develop $945 million four-berth Haiphong terminal

DHL raises full-year profit forecast after Q2 revenue, earnings gains

MSC in talks to buy into Sri Lanka’s Hambantota amid port deal spree: sources