UPS has announced it will cut more than 12,000 jobs as part of efforts to reduce costs in light of…
Business
IATA: Air cargo improves in December but declines for the full year
31 / 01 / 2024
Air cargo demand surged in December last year but it was not enough to push overall figures for the year…
UPS still struggles with revenues in Q4
30 / 01 / 2024
UPS revenues in the fourth quarter dropped nearly 8% year on year as volumes fell in both the domestic and…
Airfreight rates on the up as January draws to a close
30 / 01 / 2024
Airfreight rates in January climbed as the month progressed due to the approaching Lunar New Year holiday and anecdotal reports…
Flexport set for another round of job cuts
29 / 01 / 2024
Reports suggest freight forwarder Flexport will make a third round of redundancies in just over a year. Tech publication The…
US carriers see cargo revenues slide in 2023
29 / 01 / 2024
The big three US airlines saw their cargo revenues decline last year as rates and volumes came under pressure. United…
January air cargo volumes “significantly up” on last year
26 / 01 / 2024
Worldwide air cargo demand in January remains “significantly up” on a year ago with improvements across nearly all the main…
Cargo-partner aims to head off Europe-Mexico disruption with new consol service
25 / 01 / 2024
Logistics firm cargo-partner has expanded its air consolidation service by adding a new route between Germany and Mexico as it…
Menzies grows in Hong Kong with Jardine investment
25 / 01 / 2024
Menzies Aviation has invested in a 50% stake in Jardine Aviation Services Group (JASG) as it looks to expand operations…
Sea-air to come to the fore as Red Sea crisis drags on
24 / 01 / 2024
Kerry Logistics has reported increased interest in its sea-air services, mirroring reports of growing enquiries for alternatives to ocean shipping…