News Articles
Cathay Cargo extends its congratulations to HKIA.
Cathay Cargo congratulates Hong Kong International Airport (HKIA) for being recognized as the world's busiest cargo airport for the 14th time since 2010, highlighting its crucial role in global air ca
Read MoreEmirates SkyCargo has entered into a memorandum of understanding with AirAsia.
Emirates SkyCargo has signed a Memorandum of Understanding with Teleport, AirAsia’s exclusive cargo partner, to enhance trade between Southeast Asia and the global market via Dubai. Announced at IATA’
Read MoreOman Air introduces a new route to Amsterdam.
Oman Air will start direct flights to Amsterdam on July 1, 2025, operating four times a week with its B787-9 fleet, which will carry 14 to 18 metric tonnes per flight. Additionally, cargo capacity to
Read MoreNinatrans acquires Cranleigh Freight Services, bolstering its presence in the UK.
Ninatrans, a Leuven-based specialist in time-critical transport, has acquired the British company Cranleigh Freight Services (CFS) as part of its European growth strategy, following previous acquisiti
Read MoreFedEx introduces a non-stop cargo flight service from Singapore to Anchorage.
FedEx has initiated its first direct all-cargo flight from Singapore's Changi International Airport to Ted Stevens Anchorage International Airport in the U.S., marking a significant expansion of its n
Read MoreSwissport announces €3.7 billion in revenue for 2024, managing unprecedented volumes.
Swissport International AG achieved €3.7 billion in revenue for 2024, marking an 11% increase from the previous year. The company served 247 million passengers and managed over five million tonnes of
Read MoreWorldwide air freight prices are decreasing: TAC Index
In the latest volatile week for global markets, air freight rates showed a slight decline, with the Baltic Air Freight Index down 1.4% as of April 14, though still up 3.2% year-on-year. Spot rates are
Read MoreUnited's cargo revenue for the first quarter of 2025 increased by 10%.
United Airlines experienced a 10% rise in cargo revenue, totaling $429 million in Q1 2025, with a 4.3% increase in cargo revenue tonne miles. The airline supported disaster relief efforts by transport
Read MoreWells Fargo executive suggests that tariffs could increase interest in supply chain financing.
Amid ongoing tariff volatility, large companies are reevaluating their supplier relationships and payment terms, creating opportunities for supply chain financing, according to Jeremy Jansen of Wells
Read MoreThe United States initiates an investigation into semiconductor imports.
The U.S. Commerce Department has launched a Section 232 investigation concerning semiconductor imports to evaluate their national security implications. Commerce Secretary Howard Lutnick indicated tha
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