News Articles

By Web Administrator June 10, 2025

Chapman Freeborn has entered into an agreement with Optimus Logistics Group.

Chapman Freeborn has partnered with Optimus Logistics Group to enhance aircraft delivery efficiency, reduce customer costs, and expand their global reach. This collaboration will provide a seamless se

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By Web Administrator June 09, 2025

Air cargo demand increased by 6% in May, but a shift in sentiment has led to a decrease in rates.

In May, international trade remained steady, yet airfreight spot rates experienced their first decline in a year, dropping four percent year-on-year to $2.44 per kg. This decline was observed despite

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By Web Administrator June 07, 2025

Lowe’s will keep its pricing strategy competitive even with the impact of tariffs.

Lowe's is focused on maintaining competitive pricing in the home improvement sector, as CEO Marvin Ellison highlighted during a recent earnings call. The company has developed price management tools a

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By Web Administrator June 07, 2025

CH Robinson, Ikea, and other companies have come together to form a coalition aimed at testing heavy-duty electric vehicles.

Ikea, Electrolux Group, C.H. Robinson Worldwide, and DHL Supply Chain are collaborating with the non-profit Smart Freight Centre to test long-haul battery-electric vehicle operations along the I-10 co

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By Web Administrator June 07, 2025

Companies are renovating their procurement processes in response to the increasing adoption of AI.

A recent G2 report highlights that enterprises are adapting their procurement practices in response to advancements in AI, with stricter evaluation criteria for AI-powered software. Many companies are

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By Web Administrator June 07, 2025

Lucid secures a US graphite supply agreement for electric vehicle batteries.

Lucid Group has strengthened its domestic supply chain by signing a second agreement with Graphite One to source U.S.-made materials for lithium-ion batteries. This agreement will provide natural grap

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By Web Administrator June 07, 2025

Freighter activities at Mumbai Airport will persist beyond August.

Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai has reversed its decision to suspend freighter operations initially set for August 16, 2025, stating that the issue has been amicabl

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By Web Administrator June 07, 2025

Global air cargo volumes increased by 4% month-over-month in May.

In May, global air cargo tonnages saw a 4% month-on-month increase, recovering from a 7% decline in April due to U.S. tariff hikes and holidays. This growth coincided with the end of certain import ta

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By Web Administrator June 07, 2025

Awesome Cargo expands its fleet with the delivery of EFW's inaugural A330P2F.

Elbe Flugzeugwerke (EFW) has delivered its first A330 passenger-to-freighter (P2F) aircraft to Air Lease Corporation, which will be operated by Awesome Cargo, marking the first A330P2F registered in M

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By Web Administrator June 07, 2025

Kuehne+Nagel has named Marcus Claesson as their new Chief Information Officer.

Kuehne+Nagel International has appointed Marcus Claesson to its Management Board, effective September 1, 2025, to oversee global information technology, succeeding Martin Kolbe, who will retire after

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