Business
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NewsYusen Logistics expands in healthcare with latest acquisition
Yusen Logistics Europe has acquired four Walden Group subsidiaries to create a dedicated healthcare platform across the European market
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NewsFedEx expects to incur costs of $175m due to MD-11F grounding
Carrier shifts volume to alternative aircraft and third-party lift as 25 MD-11Fs remain out of service through peak season
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NewsReports: Apollo considers sale of Atlas
Private equity firm Apollo is exploring a potential sale of Atlas Air Worldwide Holdings at a $12bn valuation, according to a Bloomberg report
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NewsUS authorities expose alleged cargo fraud schemes
The accused face bribery and money laundering charges over alleged schemes to secure cargo contracts at JFK airport
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NewsEVA and Evergreen earn IATA CEIV Fresh and Live Animals
EVA Air and affiliated companies have secured IATA CEIV Fresh and Live Animals certification, joining lithium batteries accreditation earned earlier
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NewsIATA: Record October for air cargo traffic
Air cargo demand rose 4.1% year on year in October despite ongoing Asia-North America trade lane weakness, IATA data shows
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NewsDelta Aeromexico JV wins temporary reprieve
US appeals court temporarily stays Department of Transportation order requiring Delta and Aeromexico to dissolve their joint venture by 1 January
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NewsPayCargo and IBS Software improve technology integration
Enhanced connectivity between IBS Software's iCargo and PayCargo enables airlines and freight forwarders to better manage financial transactions
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NewsTitan sells two Boeing 737-800SF aircraft to ST Engineering
Titan Aviation Leasing has divested two Boeing 737-800SF aircraft to ST Engineering as part of a strategic capital reallocation from mature assets
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NewsTIACA concludes ACF with new partnership and new executive team
Air cargo organisation TIACA has partnered with logistics startup network HAUS61 to promote entrepreneurship in the airfreight sector
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NewsMBS Logistics targets aerospace with new unit
Cologne-based MBS Logistics Group has established a dedicated aerospace logistics division, leveraging its recent acquisition of Zurich-based Gerhard Wegmüller
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NewsMagma Aviation joins TIACA
Ireland-based freighter operator Magma Aviation has joined TIACA to support its expansion plans and strengthen industry connections
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NewsIAG Cargo sees revenues and volumes decline in Q3
IAG Cargo reported a 6.9% decline in third-quarter revenues to €283m as airfreight market conditions normalised following earlier supply chain disruptions
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NewsDHL's air revenues drop but volumes steady in Q3
DHL's airfreight revenue declined 7% year-on-year to €1.5bn in Q3 despite volumes remaining largely stable at 444,000 tons
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NewsStrike disruption sees Air Canada’s Q3 cargo revenues drop
Air Canada reported a decline in third quarter cargo revenues that were attributed to flight cancellations during labour disruptions that impacted cargo volumes
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NewsK+N to acquire aerospace logistics specialist Eastway
Swiss logistics giant Kuehne+Nagel will acquire Ireland-based Eastway Global Forwarding to strengthen its position in the aerospace logistics sector
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NewsLufthansa Cargo boosted by Asia, ITA and extra freighters
Lufthansa Cargo delivered a solid third-quarter performance with revenues climbing 5% to €824m and cargo tonne kilometres advancing 8% to 2.3bn
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NewsIATA: Air cargo grows again in September
Global air cargo demand extended its growth streak to seven months in September with a 2.9% year-on-year increase, though growth rates moderated from August
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NewsUPS increases job cuts as it tackles profit pressure
UPS implements deeper workforce reductions than planned while achieving $2.2bn cost savings through operational restructuring amid Amazon business reduction
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NewsK+N airfreight volumes rise in Q3 despite profit pressures
Kuehne+Nagel reported 7.2% airfreight volume growth to 564,000 tons in Q3 2025, though net turnover fell 5% to CHF1.6bn