Air freight volumes up 6.7% in July

Global air freight volumes increased 6.7% in July year-over-year According to Airports Council International (ACI). July’s air freight numbers—a worldwide total of approximately 6.2 million metric tonnes—increased 4.5 points from June. The figures indicate a...

Malaysian shipping companies cry for help

KUALA LUMPUR: Malaysia’s shipping industry is in urgent need of financial help to maintain capacity, expand fleet, service loans and meet overhead expenses amid the drop in cargo volumes. Maritime Institute of Malaysia (MIMA) Senior Fellow, Nazery Khalid, said...
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