News Articles
Stanley Black & Decker increases prices to counteract the effects of tariffs.
In Q1 2025, Stanley Black & Decker reported revenues of $3.7 billion, a 3% decline year-over-year, while net earnings surged to $90.4 million, up from $19.5 million, with earnings per share rising to
Read MoreThe reduction of tariffs in China is leading to an increase in bookings from Asia to the United States.
The Port of Los Angeles anticipates an increase in bookings from Asia due to a temporary 90-day tariff reduction on Chinese imports, as noted by Executive Director Gene Seroka. This uptick is driven b
Read MoreFedEx appoints a CEO for its Freight division following the spinoff.
FedEx Freight has appointed John A. Smith as the new president and CEO to take over after the company's planned spinoff, expected to be completed by June 2026. Currently serving as COO for U.S. and Ca
Read MoreChina Airlines Cargo has acquired a new B777F, increasing its fleet to a total of 10 aircraft.
China Airlines Cargo, the freight division of Taiwan's China Airlines, has expanded its fleet with the addition of a new Boeing 777 freighter, registered as B-18779, which was delivered to Taoyuan Int
Read MoreFreightos reported a 30% increase in revenue for the first quarter of 2025.
Freightos, a digital booking and payment platform, reported a 30% revenue increase to $6.9 million for Q1 2025, with an adjusted loss of $4.5 million. The company recorded 370,900 transactions, a 25%
Read MoreNeste begins supplying SAF to FedEx at Los Angeles Airport.
Neste and FedEx have reached an agreement for the supply of 8,800 metric tonnes of blended sustainable aviation fuel (SAF) at Los Angeles International Airport, marking the largest SAF purchase by a U
Read MoreCathay Cargo experienced a 13.6% increase in cargo volume in April, even though there was a decrease in load.
Cathay Cargo reported a 13.6% increase in cargo carried in April 2025, transporting 133,398 tonnes, while AFTKs and RFTKs rose by 8.9% and 6.8%, respectively. However, the cargo load factor fell by 1.
Read MorePLAY chooses Nordic GSA and Globe Air Cargo France.
ECS Group subsidiaries, Globe Air Cargo France and Nordic GSA in Denmark, have been appointed as Ground Service Suppliers for PLAY, an Icelandic low-cost carrier, across France, Denmark, and other Eur
Read MoreWestJet announces that TCE's assistance with customs has been a complete success.
WestJet Cargo outsourced its customs processes to TCE for enhanced resource efficiency and expertise, commencing on November 18, 2024. TCE developed a tailored customs reporting solution to support al
Read MoreIn 2024, Heathrow managed 1.58 million tonnes of cargo valued at £215.6 billion.
In 2024, Heathrow Airport managed 1.58 million tonnes of cargo, facilitating trade worth £215.6 billion, making it the UK's primary trade hub, handling 76% of air cargo exports by value. The airport i
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