Business

Gradual increase in airfreight expected as Red Sea crisis could last months

Scan Global Logistics expects a slow but steady increase in airfreight volumes amid predictions that the Red Sea conflict could…

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 Vancouver Airport in line for major expansion funding

The Government of Canada will invest up to C$74.3m at Vancouver International Airport to enable it to handle more cargo. This…

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DHL, FedEx and UPS face India competition probe

DHL, FedEx and UPS are under investigation by the Competition Commission of India (CCI) over alleged antitrust violations. Newswire Reuters…

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Air cargo traffic, capacity and revenues continued to recover in Q4

Air cargo traffic, capacity and revenues continued to recover in late 2023. According to IATA, world air cargo traffic expanded 8.3%…

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Amerijet offloads freighters and restructures

US freighter operator Amerijet is offloading Boeing 757 aircraft and restructuring the business as it looks to respond to changing…

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Future of Leipzig/Halle cargo hub under scrutiny

Auditing firm KPMG has completed a restructuring report on the financially ailing operator of Leipzig/Halle Airport, Mitteldeutsche Flughafen AG (MFAG),…

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Liege cargo volumes slide in 2023 as FedEx switch takes its toll

Liege Airport saw its cargo volumes decline last year due to weak economic conditions and the restructuring of FedEx’s network….

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Geodis to continue operating own capacity

Geodis will continue offering its own-controlled freighter capacity until at least the end of the year. The freight forwarder’s leased…

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IATA reports an 8% increase in November cargo traffic

IATA data shows that air cargo traffic increased by a 2023 high of 8.3% year on year in November, although…

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Airlines warn of cargo delays due to 737 Max 9 grounding

Alaska Airlines and United Airlines have warned cargo customers that some shipments could be delayed due to the grounding of…

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