Air Cargo News recently carried out a survey of airfreight professionals and found the majority are expecting market conditions to…
Business
Schneider looks to utilise more ocean shipping and SAF to reduce emissions
01 / 02 / 2024
Schneider Electric is continuing its efforts to cut emissions through increased use of ocean transport and sustainable aviation fuel (SAF)…
Air cargo volumes up 10% in January but rates weaken
01 / 02 / 2024
Air cargo volumes rose 10% year on year in January, but this hasn’t resulted in higher rates due to the…
DSV sees air revenues and volumes tumble in 2023
01 / 02 / 2024
DSV’s airfreight revenues, volumes and gross profits all took a hit last year due to improved ocean shipping operations, high…
UPS to cut 12,000 jobs as market downturn bites
31 / 01 / 2024
UPS has announced it will cut more than 12,000 jobs as part of efforts to reduce costs in light of…
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…