Despite the current weakness in LNG shipping rates, Drewry maintains its bullish long-term outlook for LNG shipping and believes that the market will require more vessels than listed on the current orderbook, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry.

American Airlines Cargo has expanded its seasonal cargo service to and from Ireland.

The United States and Mexico exchanged diplomatic notes to bring into force the new Air Transport Agreement, which the U.S. Department of Transportation anticipates will "significantly increase future trade and travel" between the two countries.

Pirate attacks on shipping in the first half of 2016 are at the lowest level since 1995, even taking the recent spate of kidnappings in the Gulf of Guinea and the Sulu Sea into account, says the IMB Piracy Reporting Centre.

GS1 has collaborated with retail industry leaders on development and approval of the Global Trade Item Number (GTIN) Management Standard.

Echoing the mid-year reports from several other aviation groups, Airports Council International (ACI) said air cargo tonnage was flat for the first five months of 2016, rising just 0.6 percent in May, year-over-year, and 0.2 percent, y-o-y, over the period of January to May 2015. Passenger traffic, however, was a different story, increasing by 4.6 percent, y-o-y in May.

Big 18,000-TEU vessels may be coming to U.S. ports after all.