News Articles
Monitoring tariffs: The newest advancement in artificial intelligence.
As tariffs fluctuate rapidly, companies face challenges in managing their operations, including raw material costs and supply chain issues. To address this, software developers are creating tools to e
Read MoreTrump eases tariffs on auto components for vehicles assembled in the US.
The U.S. government will partially reimburse domestic automakers for costs related to a 25% tariff on auto parts starting May 3, as per an executive order signed by President Trump. Automakers can off
Read MoreDB Schenker is no longer in existence, as DSV has finalized a €14.3 billion acquisition.
DSV has successfully finalized its acquisition of DB Schenker, a global freight forwarding and logistics business, in an all-cash deal valued at approximately DKK 106.7 billion (around €14.3 billion).
Read MoreUPS plans to reduce its workforce by 20,000 positions, with revenue for the first quarter of 2025 remaining unchanged.
UPS plans to cut 20,000 jobs and close 73 facilities by mid-2025 as part of a network reconfiguration aimed at achieving $3.5 billion in cost savings. The company's first-quarter revenue was $21.5 bil
Read MoreIn the first quarter of 2025, DXB processed 517,000 tonnes of cargo in response to worldwide changes.
Dubai International Airport (DXB) remained a key player in global cargo logistics in Q1 2025, handling 517,000 tonnes of freight, despite a 3.6% year-on-year decline. This reduction is attributed to g
Read MoreAeroLogic enhances its fleet with the addition of its 25th B777 freighter.
AeroLogic, the cargo airline jointly owned by DHL and Lufthansa Cargo, has received its 25th Boeing 777 freighter, registered as D-AALY. This addition makes AeroLogic the third-largest operator of thi
Read MoreIATA reports a 4.4% increase in air cargo demand for March.
In March 2025, global air cargo demand rose by 4.4% year-on-year, reaching a historic peak for the month, with international operations seeing a 5.5% increase. Capacity grew by 4.3%, driven by lower f
Read MoreCMA CGM purchases the cargo division of Air Belgium to enhance its air fleet in Europe.
CMA CGM Group has acquired the cargo operations of Air Belgium, enhancing its air freight presence in Europe and ensuring the continuity of Air Belgium’s services. The deal preserves 124 jobs, includi
Read MoreGlobal GSA and CargoTech promote ongoing innovation.
Global GSA Group and CargoTech share a commitment to human-centered expertise in their business strategies. By centering design around customer needs, they have developed effective commercial and digi
Read MoreECS Group celebrates 35 years of Genair.
ECS Group celebrates the 35th anniversary of its Spanish subsidiary, Genair, a leader in the air cargo industry since its founding in 1990 by Jesús Escolar. Initially starting with three employees and
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