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Port of Los Angeles Surpasses 10 Million TEU in 2025 - Marking the Third Time in History

Phaata

23-01-2026

Despite tariff headwinds, the Port of Los Angeles closed 2025 with a throughput of 10.2 million TEUs – crossing this milestone for the third time in its history.

Vienna Airport Sets New Air Cargo Record in 2025

Phaata

22-01-2026

With total throughput reaching a record 313,763 tonnes in 2025, Vienna Airport continues to affirm its position as a key logistics gateway for Central and Eastern Europe.

CMA CGM Scraps Red Sea Plans for Asia-Europe Trade; Xeneta Warns of Supply Chain Unpredictability

Phaata

21-01-2026

CMA CGM has announced a return to Cape of Good Hope routings for Asia-Europe trades, reversing its recent decision to transit the Red Sea. Experts from Xeneta warn that this constant shifting creates instability for shippers, eroding trust in schedule reliability and increasing inventory management risks.

Pre-Lunar New Year Air Freight Peak: Shippers Urged to Book Early

Phaata

21-01-2026

Ahead of the Lunar New Year (February 17), leading freight forwarders such as Scan Global Logistics and Dachser are collectively warning shippers to book 1-2 weeks in advance. Extended factory closures and airline flight cuts are expected to cause severe capacity shortages across Asia.

Surging India-Iran Air Freight: Risk of 'Collateral Damage' from Proposed US 25% Tariffs

Phaata

20-01-2026

Air cargo volumes from India to Iran have surged nearly 200% over the past five years. However, this growth momentum faces significant challenges as US President Donald Trump’s proposal to impose a 25% tariff on Iran’s trading partners threatens to disrupt this burgeoning supply chain.

International Shipping and Logistics Market Update Week 3/2026 | Phaata

Phaata

19-01-2026

The international logistics marketplace platform Phaata provides an update on the international container shipping and logistics market for routes from Asia to North America, Europe, and more for Week 3 (from January 12 - 18), 2026.

Global Tanker Market Forecast 2026

Phaata

19-01-2026

Tim Smith, an expert from MSI, assesses that the tanker market enters 2026 on a solid footing driven by geopolitical instability and surging oil production. However, the wave of newbuilding deliveries commencing this year could exert pressure to reverse market trends in the 2027–2028 period.

Red Sea Restart: Signaling Lower Rates for Asia-US Shippers

Phaata

18-01-2026

Maersk’s decision to resume services via the Red Sea could release 6-8% of global shipping capacity, creating significant downward pressure on freight rates for Asia-US shippers as the market enters a crucial contract negotiation phase.

Wan Hai and Interasia Restructure NS5 Service and Launch New TVS Service Connecting Southeast Asia

Phaata

17-01-2026

Wan Hai Lines and Interasia Lines have announced plans to modify the NS5 service route starting next month, adding calls at Phuoc An (Vietnam) and Chiba (Japan). Simultaneously, the carriers are launching a new service, TVS, connecting Taiwan with key Southeast Asian ports.

Container lines learning to make money in adversity

Phaata

26-08-2020

The second quarter financial reporting season is in full swing and container lines results rather than being the expected bloodbath with statements full of red ink are in general actually more profitable than they were a year ago.

Green Dragon International Logistics Company: Service commitment always comes first

Phaata

25-08-2020

Green Dragon Int'l Logistics began its business in 2010 with experienced "hand-on" people, running a viable and dynamic organization. We have fully licensed to carry out all frienght forwarding and logistics operations in Vietnam. We have all legal and strong financial status to guarantee to be a high standard of service.

ITL Corp: Spending trillion on acquiring logistics segment of Gelex and just received a loan of USD 70 million from IFC

Phaata

25-08-2020

Last year, Symphony Logistics PTE LTD spent USD 42.6 million buying a 25.12% stake in ITL from the Singapore Post.

OOCL proceeds to order many mega-vessels despite the pandemic challenges

Phaata

24-08-2020

Orient Overseas Container Line (OOCL) has announced it will follow its long-term plans and will process with its March order of five 23,000TEU container ships, despite the Covid-19 crisis.

International air freight volumes increase monthly

Phaata

23-08-2020

The volume of international air freight continues to increase monthly as leading courier operators seek to gain market share and increase profits.

Despite COVID-19, Vietnam still maintains stable market share of rubber exports to the US

Phaata

22-08-2020

Vietnam is the 14th largest rubber supplier to the US, the export volume in the first 6 months of 2020 reached 13,600 tons, worth USD 20.42 million, down 11.7% in volume, but up 2.8%. in value over the same period in 2019.

HMM expects trans-Pacific container shipping prices to remain high in the short term

Phaata

20-08-2020

Shipping line HMM said container shipping rates on the trans-Pacific service will remain high in the short term but prospects are obscured by Covid-19 and geopolitical tensions.

Maersk concerns about Covid's recurrence as a drop in output affected the second quarter's sales

Phaata

20-08-2020

According to Maersk, the improvement in output in the third quarter could not be based on uncertainty as to whether a Covid-19 recurrence, triggered a second wave and led to another drop in demand, the Danish giant said in its second quarter interim report.

TOP 50 container ports in the world in 2019 (JOC): Asian ports grow fastest

Phaata

18-08-2020

Continued growth in global trade volumes in 2019 pushed the total container throughput of the 50 busiest cargo ports in the world up 3.5 percent year over year to more than half a billion TEU, according to the JOC Top 50 Global Container Ports 2019 rankings.