News Articles
The air cargo market is currently subdued, but both volumes and spot rates are rising, according to the TAC Index.
Last week saw reduced volatility in global air freight, with the TAC Index reporting the Baltic Air Freight Index unchanged as of March 10, up 6.2% year-on-year. Recent trends indicate rising volumes
Read MoreCathay Group announces an increase in cargo volume and a reduction in ownership stake in its 2024 results.
Cathay Pacific Airways reported a cargo revenue increase of 8% to HK$24 billion in 2024, driven by strong demand and higher freight rates, with cargo volume up 10.9% to 1.53 million tonnes. The airlin
Read MoreThe Port of Los Angeles has appointed a new Chief of Staff for the Executive Director.
The Port of Los Angeles has appointed Stephanie Magnien Rockwell as Chief of Staff to the Executive Director. In this role, she will oversee special projects, handle administrative matters, and serve
Read MoreThe Secretary-General of the IMO has released a statement regarding the assault in Odesa.
The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, expressed his sorrow over the recent attack in Odesa that resulted in the deaths of four seafarers. He extended
Read MoreCathay Cargo has designated Zeal Global as its General Sales Agent in India.
Cathay Cargo has appointed Zeal Global Corp as its General Sales Agent in India to enhance cargo operations and connectivity in Tier 2 and Tier 3 cities. This strategic partnership aims to improve mar
Read MoreSwissport extends its ground handling license at Zurich Airport.
Swissport International AG has renewed its ground handling license at Zurich Airport for seven years, ensuring continued services like check-in, baggage handling, and air cargo logistics until 2032. O
Read MoreCMA CGM plans to invest $20 billion in its operations in the United States.
CMA CGM Group will invest $20 billion over the next four years to enhance its maritime, warehousing, and air cargo operations in the U.S. This investment aims to triple its fleet of U.S.-flagged vesse
Read MoreHow Dick’s Sporting Goods is excelling in the omnichannel arena
At the Retail Industry Leaders Association’s LINK 2025 conference, Dick’s Sporting Goods executives emphasized that a successful omnichannel retail strategy hinges on a supply chain focused on agility
Read MoreThe Home Depot expands its flatbed distribution network.
The Home Depot is enhancing its fulfillment operations by investing in flatbed distribution centers (FDCs), with three currently under construction and more planned. This initiative aims to improve de
Read More5 key takeaways from the Executive Vice President of Supply Chain at Lowe's
During the Retail Industry Leaders Association’s LINK 2025 conference, Margi Vagell, EVP of supply chain at Lowe’s, emphasized the importance of understanding customer needs in home improvement retail
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