Cargolux posts strong 2024 results, cautions on global market impact
The Cargolux Group (Cargolux) generated a positive net result for its 2024 financial year, registering the strongest...
Port of NY/NJ, WFS opens new US$270M cargo handling center at JFK airport
The Port Authority of New York and New Jersey (Port of NY/NJ), in partnership with Worldwide Flight Services (WFS) and...
PSA Singapore hits record-breaking annual throughput of more than 40M TEUs
PSA Singapore (PSA) reached a significant milestone, handling over 40 million Twenty-foot
Port of LA expects a double-digit volume decline in the second half amid tariffs
The Port of Los Angeles continued to see volume growth in March, though tariffs are expected to affect performance...
Airports in APAC, Middle East to see US$240B investment in infrastructure expansion
Airports in the Asia-Pacific and Middle East regions are poised for extensive development, with combined investments of...
Swissport expands to 13 Saudi airports
Swissport International AG (Swissport) is expanding its presence in the Kingdom of Saudi Arabia by launching ground...
DP World sources 65% of its electricity from renewables in 2024
DP World sourced 65% of its electricity from renewable energy in 2024, marking a milestone in the company&#...
WFS, Cathay Cargo ink new cargo handling contracts for Portland, Dallas Fort Worth airports
Worldwide Flight Services (WFS), a SATS company, has expanded its partnership with Cathay Cargo through new long-term...
CEVA Logistics signs deal to acquire Borusan Tedarik, expand in Turkey
CEVA Logistics, a subsidiary of the CMA CGM Group, will strengthen its global footprint in a key market as the company...
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Shippers embrace painful start to 2025 as Transatlantic air cargo spot rate spiral 100%
The Transatlantic air cargo market has seen skyrocketing rates during peak season which puts it
WorldACD: Tonnages and rates begin dropping after strong Q4 peak
Air cargo's strong seasonal fourth quarter (Q4) appears to have peaked, with tonnages and r
FedEx Freight spin off to form largest LTL carrier
FedEx Freight will become a separate company after FedEx Corp. announced its plan on December 19 to
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