In November 2024, Cathay Pacific transported 142,601 tonnes of cargo, marking a 15% increase from the previous year. The cargo revenue tonne kilometres rose by 11.9%, with a cargo load

FedEx’s Board of Directors has approved a plan to fully separate FedEx Freight into a new publicly traded company, expected to be completed within 18 months. With a revenue of

SkyCell, a leader in pharma supply chain solutions, has invested significantly in Validaide, a Dutch digital platform for pharma lane risk management. This investment enhances Validaide’s position while maintaining its

FedEx experienced an 18% drop in operating income to $1.05 billion for Q2 ending November 30, 2024, attributed to disappointing FedEx Freight revenues and ongoing challenges in U.S. industrial production

Scan Global Logistics (SGL) has announced an agreement to acquire ITN Logistics Group, a prominent Canadian freight forwarder. This acquisition aims to enhance SGL’s operations in Canada by increasing scale,

Elbe Flugzeugwerke (EFW), a collaboration between ST Engineering and Airbus, has successfully re-delivered its first A330P2F aircraft after modifications at ST Aerospace (Guangzhou) Aviation Services Co. Ltd in China. The

The air cargo market experienced robust performance in November, avoiding the expected “peak of all peaks,” according to Xeneta’s Chief Airfreight Officer, Niall van de Wouw. Improved resource allocation and

FedEx plans to spin off its less-than-truckload unit, FedEx Freight, within the next 18 months, maintaining its name and continuing to collaborate with FedEx through agreements. CEO Raj Subramaniam assured