Air cargo rates continued to register declines on major east-west trades in February compared with last year as the timing…
Business
What’s driving Asia-Europe trade?
06 / 03 / 2024
E-commerce is proving key for Asia-Europe trade, even as the Red Sea – Suez Canal shipping crisis throws up near-term…
Airfreight’s role in the Red Sea shipping crisis takes shape
06 / 03 / 2024
Supply chains continue to be under threat due to the Red Sea shipping crisis, and airfreight is busy establishing its…
Kerry Logistics takes a majority stake in Business by Air
05 / 03 / 2024
Kerry Logistics Network has acquired a majority stake in French freight forwarder Business By Air SAS (BBA) to strengthen the…
IATA stats show 18% increase in cargo demand for January
05 / 03 / 2024
Air cargo demand increased by a “remarkable” 18.4% year on year in January – the second month in a row…
E-commerce and perishables lift K+N after Q4 airfreight volume decline
04 / 03 / 2024
E-commerce and perishables business helped soften the blow of a drop in airfreight volumes for Kuehne+Nagel (K+N) in the fourth…
CMA CGM completes Bolloré Logistics acquisition
29 / 02 / 2024
The CMA CGM Group has completed its largest acquisition since its formation with the takeover of Bolloré Logistics from the…
IAG Cargo revenues drop 28% year on year
29 / 02 / 2024
IAG Cargo saw a steep drop in year on year commercial revenues in 2023 against a backdrop of sustained soft…
Bolloré’s contract logistics business grows with acquisition
28 / 02 / 2024
Bolloré Logistics’ contract logistics subsidiary, Bolloré Solutions Logistiques (BSL) has acquired STEF Logistique Santé (SLS) to grow its contract logistics…
FedEx Express opens regional headquarters
27 / 02 / 2024
FedEx Express has opened new regional headquarters in Singapore to support its operations in Asia Pacific, Middle East, and Africa….