New Zealand businesses were more exposed to shipping disruption, with 48 percent reporting freight delays compared to 32 percent in Australia.

The job cuts come as the aviation industry grapples with higher jet fuel costs caused by the Middle East conflict.

German shipping giant Hapag-Lloyd and logistics company Kuehne+Nagel have launched a joint sustainable transport project aimed at reducing emissions...

Disruptions in the Strait of Hormuz have significantly impacted global bunker fuel supply, leading to soaring prices, particularly in Asia. This is...

SINGAPORE: Singapore Airlines posted a 57.4 per cent drop in full-year net profit on Thursday, warning that higher fuel costs were still filtering...

Norwegian Cruise Line Holdings sharply cut its full-year earnings outlook, citing the impact of the Middle East conflict on fuel costs and...

Norwegian Cruise Line Holdings sharply cut its full-year earnings outlook, citing the impact of the Middle East conflict on fuel costs and...

Hapag-Lloyd has concluded the first quarter of 2026 with a Group EBITDA of USD 494 million (EUR 422 million). In the same period, the Group EBIT...

Cargojet Inc.’s top executive says its mitigation strategies are helping to insulate the company from the effects of higher jet fuel prices. Pauline...

Cargojet Inc.’s top executive says its mitigation strategies are helping to insulate the company from the effects of higher jet fuel prices. Pauline...