Business
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News
DB Schenker concludes air cargo cartel claims
DB Schenker has finalised its claims against airlines in the long-running case related to an alleged air cargo cartel
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News
Cargojet revenues top C$1bn mark in 2024
Freighter operator Cargojet saw its revenues beat the C$1bn mark for the first time in 2024 but the company is expecting a growth slowdown this year
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News
Air Canada cargo revenues up 7% in 2024
Air Canada’s 2024 cargo operating revenues were up 7% year on year helped by belly cargo in the Pacific and freight in the Americas
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News
SG Holdings acquires top 20 airfreight player Morrison Express
Japan’s SG Holdings has acquired top 20 airfreight forwarder Morrison Express as it looks to expand its presence in the forwarding market
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News
ATSG shareholders approve Stonepeak takeover
Investment firm Stonepeak’s $3.1bn takeover of freighter aircraft leasing giant ATSG has taken another step forward following shareholder approval
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News
Cathay Cargo in ONE Record first for forwarder operations
Cathay Cargo has become the first carrier to adopt the International Air Transport Association’s (IATA) ONE Record data protocol in some of its day-to-day operations with forwarders
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News
Accelerated Global Solutions invests in KGW to grow transpacific presence
New York-based Accelerated Global Solutions has acquired a 15% stake in KGW Logistics in order to strengthen its presence on the transpacific trade lane
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News
DSV predicts volatility after air improvements in 2024
DSV saw its airfreight volumes and revenues improve in 2024 and is preparing for a volatile market and the completion of its Schenker takeover in 2025
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News
Hellmann looks to expand in the Americas following HPL takeover
Hellmann Worldwide Logistics has acquired all shares in perishable logistics specialist HPL Apollo from co-owner Mercury Aviation
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News
Scan Global Logistics adds presence in Tanzania
Fast growing Scan Global Logistics has opened an office in Tanzania as it looks to capitalise on agriculture, mining and infrastructure projects
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News
WFS Holland completes acquisition of Menzies World Cargo at Schiphol
Worldwide Flight Services (WFS) Holland has completed its acquisition of Menzies World Cargo (Amsterdam) at Schiphol
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News
Saudia Cargo volumes boosted by e-commerce demand
Saudia Cargo saw its air cargo volumes increase by double-digit levels last year as e-commerce, local exports and additional flights boosted performance
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News
Japan approves ANA Holding’s takeover of Nippon Cargo Airlines
ANA Holdings has received approval for its planned takeover of Nippon Cargo Airlines (NCA) from Japan’s Fair Trade Commission (JFTC)
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News
UPS plans to offload 50% of Amazon business
Shares in express giant UPS fell today after the company revealed plans to offload 50% of its business with its largest customer Amazon
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News
American Airlines sees cargo revenues slide despite demand growth
American Airline’s cargo revenues declined last year despite volumes increasing and its main US rivals reporting an improvement
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News
Industry gears up for IATA WCS 2025
This year’s IATA World Cargo Symposium (WCS) will be held in Dubai, UAE on 15-17 April
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News
Delta’s 2024 cargo revenue up 14%
Delta Air Lines reported a 14% year-on-year increase in cargo operating revenue for 2024 as it strives to boost its digital presence
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News
IATA calls for international coordination when addressing security threats
IATA has called for international cooperation when developing future security requirements following the introduction of "disjointed" security measures last year
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Insights
Putzger perspective: Is the air cargo party coming to an end?
There are mixed opinions on how air cargo demand will pan out this year, with doubts over the longevity of e-commerce growth and sea-air modal shift
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News
Danx Carousel continues expansion with LPR takeover
Time-critical logistics firm Danx Carousel has continued with its expansion programme through the acquisition of Germany-based LPR Group