WorldACD: Rates hold firm despite early November tonnage dip
Global average air cargo rates have remained firm and on a slight seasonal upward trajectory going into the first few...
Turkish Cargo, Avianca Cargo sign an MoU to further enhance their cooperation
Turkish Cargo and Avianca Cargo have inked a Memorandum of Understanding (MoU) to further enhance their cooperation...
MSC to acquire Italian towage company Rimorchiatori Mediterranei
MSC Mediterranean Shipping Company SA announced that it is acquiring Italian towage firm
Swissport opens new air cargo terminal in Spain
Swissport International is expanding its network of air cargo handling facilities in Spain with its latest investment...
Turkish Cargo joins the IATA CEIV Lithium Battery certification program
Turkish Cargo has joined the International Air Transport Association (IATA) CEIV Lithium Battery (CEIV Li-batt)...
Cainiao boosts supply chain capabilities with offerings for FMCG
Cainiao Group (Cainiao) has announced a tailored offering to strengthen supply chain capabilities in the fast-moving...
Panama Canal still fastest transit from Asia to US East, Gulf coasts amid disruptions
Despite current challenges at the Panama Canal related to increasing restrictions on daily transits at one of the...
SBTi approves Hactl emissions reduction targets
Hong Kong Air Cargo Terminals Limited (Hactl) — Hong Kong's largest independent cargo handler — has had its tar...
Hellmann continues expansion in the Baltic States
Hellmann Worldwide Logistics has acquired the remaining minority shares of its partner companies in the Baltic States...
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IATA expects the U.S. air freight market to regain pre-pandemic levels in 2023, while China, which has remained much more firmly closed, to not get there until 2025. Bellyold capacity is already returning to normal levels in North American and European markets.
IATA: Bellyhold to return to normal in late 2023
The International Air Transport Association (IATA) is expecting bellyhold capacity to return to
Philadelphia International Airport is just one of several North American airports seeking to roll out a community cargo system designed to connect air cargo stakeholders.
North American airports seek digital connectivity
Amar More, CEO of software provider Kale Logistics Solutions, is spending a lot of time with
Retailers including Gap Inc. and American Eagle Outfitters are branching out into third-party logistics.
Shippers band together for logistics networks
In mid-August, fashion brand retailer Gap Inc. branched out into third-party logistics. The company
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