Cathay Pacific Cargo Volume Rises 63 As Tariffs Extended

Cathay Pacific Cargo Volume Rises 63 As Tariffs Extended

Cathay Pacific reported a 6.3% year-on-year increase in cargo volume for June, primarily driven by tariff extensions and growing demand from Southeast Asia to the Americas. Total tonnage for the first six months increased by 11.3%. Chief Commercial Officer Lavinia Lau stated the airline will continue to monitor market uncertainties. This data sends a positive signal to the air cargo market, suggesting it may be adapting to the new trade landscape.

07/22/2025 Logistics
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WCO Launches Online AEO System to Boost Trade Efficiency

WCO Launches Online AEO System to Boost Trade Efficiency

The World Customs Organization (WCO) has launched a new online AEO Information Query System (OAC), replacing traditional paper compilations. This system offers advantages such as dedicated access, structured information, multi-dimensional analysis, and standardized data management. The OAC aims to improve the efficiency and quality of AEO information management, promoting global trade security and facilitation. WCO members and the private sector have expressed high appreciation for the system and look forward to its future development.

Amazon Fedex Cuts Signal Crossborder Ecommerce Slowdown

Amazon Fedex Cuts Signal Crossborder Ecommerce Slowdown

Large-scale Amazon FBA warehouse closures and FedEx's plummeting performance signal a global trade downturn. Cross-border e-commerce sellers face challenges including weak demand and rising costs. Strategies such as refined operations, diversified channels, supply chain optimization, and innovative marketing are crucial to navigate market changes and seek new growth opportunities. These adaptations are necessary for sellers to weather the current economic climate and maintain competitiveness in the evolving landscape of global e-commerce.

Global Customs Basel Convention Unite Against Illegal Waste Trade

Global Customs Basel Convention Unite Against Illegal Waste Trade

The World Customs Organization (WCO) is strengthening cooperation with the Basel Convention to combat environmental crimes such as the illegal cross-border trade in waste. This collaboration aims to enhance customs enforcement capabilities through developing training materials, utilizing online training platforms, strengthening networking, and conducting joint operations. By working together, the WCO and the Basel Convention seek to build a new landscape of global environmental governance and jointly safeguard the sustainable development of the planet.

Global Customs Agencies Boost Efforts Against Counterfeiting Piracy

Global Customs Agencies Boost Efforts Against Counterfeiting Piracy

The 19th Meeting of the World Customs Organization (WCO) Counterfeit and Piracy Group was successfully held, focusing on two major issues: e-commerce infringement and standardized procedures for goods destruction. New tools were launched to strengthen global customs cooperation in intellectual property protection and jointly combat infringement and counterfeiting. The meeting aimed to safeguard innovation and development by enhancing customs' role in protecting intellectual property rights and preventing the trade of counterfeit goods.

Prologis Reports Surge in Logistics Real Estate Demand

Prologis Reports Surge in Logistics Real Estate Demand

The Prologis IBI index indicates a rebound in logistics real estate demand. Market activity recovered in Q3, with increases in net absorption, new lease signings, and project pipeline. Companies are responding to trade uncertainties by increasing supply chain investments, leading to improved utilization rates and market conditions. Vacancy rates are stabilizing in the short term, but construction is slowing, potentially accelerating rental growth. Businesses should closely monitor market dynamics and develop flexible logistics strategies.

Port of Long Beach Names Noel Hacebaga As New CEO

Port of Long Beach Names Noel Hacebaga As New CEO

The Port of Long Beach has announced the appointment of Hacebaga as its new Chief Executive Officer, effective January 1, 2025. Hacebaga brings 15 years of port management experience to the role, having previously served as Chief Operating Officer, overseeing the port's daily operations. This appointment aims to enhance the port's competitiveness, address future challenges, and promote global trade. The port expects Hacebaga's leadership to drive innovation and efficiency in its operations.

Xiamen 2026 Fashion Expo Spurs Industry Growth Amid Recovery

Xiamen 2026 Fashion Expo Spurs Industry Growth Amid Recovery

The 2026 Xiamen International Garment Supply Chain Expo (XIGE) will focus on innovation, intelligent manufacturing, and new retail development in the apparel industry, providing a platform for domestic and international companies to showcase, exchange ideas, and conduct trade. Benefiting from the domestic market recovery and Fujian Province's industrial advantages, the exhibition covers finished garments, fabrics and accessories, design, and industry services. It aims to help companies seize market opportunities and achieve industry upgrades.

US Service Sector Grows in Early 2026 Despite Inflation Export Woes

US Service Sector Grows in Early 2026 Despite Inflation Export Woes

The US Services PMI remained robust in early 2026, but rising prices and declining export orders raised concerns. The Services PMI registered 53.8, marking the 19th consecutive month of expansion. However, new export orders significantly decreased, and inflationary pressures persisted. The ISM Chair noted that tariff policies and AI development are influencing purchasing decisions. Going forward, attention should be paid to the Federal Reserve's interest rate policy and the international trade environment.

CMA CGM Opens Direct Bangladeshgulf Shipping Route to Boost Trade

CMA CGM Opens Direct Bangladeshgulf Shipping Route to Boost Trade

CMA CGM launches the new BIGEX service, establishing the first direct connection between Bangladesh and the Gulf region/India. This significantly reduces transit times, expands market access, and promotes regional trade development. The service is scheduled to commence on April 5th in Chittagong, initially deploying three 1700 TEU vessels. It aims to streamline supply chains and boost economic ties between these key trading partners by offering faster and more reliable shipping options.

02/11/2026 Logistics
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