News Articles
Cargolux reported a revenue of $3.3 billion and a profit after tax of $448 million in 2024.
Cargolux, the Luxembourg-based all-cargo airline, reported strong financial results for the 2024 fiscal year, achieving $3.3 billion in revenue and a profit after tax of $448 million, up from $2.9 bil
Read MoreGlobal air cargo rates are rising slightly, although spot rates have decreased, according to the TAC Index.
Global air freight rates saw a slight increase last week, with the Baltic Air Freight Index rising by 0.9% as of April 21, and up 4% year-on-year. This increase occurred despite falling spot rates, pa
Read MoreQatar Airways and its partners are set to initiate a collaborative business venture.
Qatar Airways Cargo, IAG Cargo, and MASkargo have announced plans to establish a Global Cargo Joint Business, pending regulatory approval, to enhance their air freight services. This collaboration aim
Read MoreMonada.ai connects with the Quote & Book API.
Monada.ai, an AI-driven logistics platform, has integrated with CargoAi’s Quote & Book API to enhance air cargo booking processes for its users. This partnership provides access to real-time airfreigh
Read MoreIn March, Cathay Cargo transported 10.6% more cargo due to the growth of Cathay Priority.
In March 2025, Cathay Cargo reported a 10.6% increase in cargo carried, totaling 148,807 tonnes compared to March 2024. Available freight tonne kilometres rose by 8.5%, although the load factor declin
Read MoreAvianca Cargo introduces a new paint scheme as part of its branding initiative.
Avianca Cargo has introduced a new aircraft livery as part of its brand campaign, “We are doing it for you,” which was first applied to freighter N332QT in Medellín. This initiative aims to visually r
Read MoreJCB intends to expand its factory in San Antonio to avoid the tariffs imposed by Trump.
JCB, a heavy machinery manufacturer, is expanding its San Antonio factory to 1 million square feet to mitigate the impact of President Trump's tariffs. The $500 million facility, expected to create 1,
Read MoreThe owner of Calvin Klein intends to increase the use of warehouses.
PVH Corp. plans to boost its U.S. warehouse capacity utilization to 85-90% by consolidating operations into two warehouses and bringing e-commerce distribution in-house, as stated by CFO Zac Coughlin.
Read MoreWho are the leading trade partners of the United States?
Global trade data reveals the impacts of President Trump's tariffs, specifically his executive order imposing a 10% baseline tariff aimed at reducing the U.S. trade deficit, boosting exports, and decr
Read MoreFunko appoints a new senior vice president for supply chain management.
Funko has appointed Cliff Engle as Senior Vice President of Distribution, Logistics, and Operations, effective April 7. In this role, he will oversee the company's global distribution and logistics, i
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