November 7, 2023

Air cargo outlook: Subdued demand expected in 2024

Air cargo executives are expecting air cargo demand in 2024 to be flat or at best slightly above this year’s…

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Turkish Cargo eyes a fleet of 40 freighters

Turkish Airlines has given more details on its plans to expand its freighter fleet over the coming five- to 10-year…

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Tower Cold Chain offers Evolution in pharma shipping

Passive temperature-controlled container supplier Tower Cold Chain has developed an ultra-lightweight product compatible with US and EU pallets. The Evolution…

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E-commerce service providers gearing up for Singles Day

There is likely to be a busy Singles’ Day for the e-commerce sector this year, says London-based online delivery service…

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Tough market for Expeditors

Seattle, Washington State-headquartered logistics giant Expeditors International of Washington, Inc. has announced its third-quarter 2023 financial results. Operating income fell…

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HKIA makes strides on sea-air intermodal logistics park

At the end of last month (October), Airport Authority Hong Kong (AAHK) – operator of Hong Kong International Airport (HKIA)…

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TAC Index reveals little change in airfreight rates in early November

Global air freight rates were little changed over the first week of November, according to the latest data from TAC…

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FourKites report suggests supply chain data not being used effectively

Supply chain visibility platform provider FourKites has released a report entitled ‘Data-Driven Decisions: Why Many Supply Chains Are Falling Behind’…

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UPS completes acquisition of MNX

In late September, Air Cargo News (ACN) reported on express services giant UPS acquiring time-critical logistics services provider MNX Global…

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Mixed picture for ATSG

Air Transport Services Group, Inc (ATSG), the US-based provider of medium widebody aircraft leasing, contracted air transportation and related services,…

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FedEx offers pilots $250,000 to leave ‘overstaffed’ cargo company

FedEx Express has launched an offer encouraging pilots to move to regional passenger carrier PSA Airlines as direct-entry captains, with…

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Finnair Cargo on the up in October

Finnair transported a total of 12,550.7 tonnes of cargo in October, up by 27.4 percent year on year (and by…

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WCAworld boosts its e-commerce offering

WCAworld, which describes itself as “the world’s largest and most powerful network of independent freight forwarders”, has appointed a new…

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Fraport reports record profit, but cargo struggles

Fraport, the airport operator that operates Germany’s busiest airfreight hub of Frankfurt Airport and also has interests in numerous other…

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