News Articles
Hactl secures its first carrier agreement of 2025 with Hungary Airlines.
Hong Kong Air Cargo Terminals (Hactl), the largest independent cargo handler in Hong Kong, has secured a contract with Hungary Airlines, marking its first carrier for 2025. Hungary Airlines has commen
Read MoreSolitAir has designated GAC India as its Cargo Service Agent to enhance trade between India and the UAE.
SolitAir has appointed GAC Shipping (India) Private Limited as its cargo sales agent in India, aiming to enhance its presence in a key logistics market. GAC India will lead sales and marketing efforts
Read MoreDB Schenker and Mercedes-Benz have reached an agreement for an unprecedented volume of sustainable aviation fuel (SAF).
Mercedes-Benz has placed the largest single order of sustainable aviation fuel (SAF) with DB Schenker, aiming to cut CO2e emissions by 40,000 tonnes through the procurement of about 13,000 tonnes of S
Read MoreBechtel has named Dena Volovar as the president of its NS&E division.
Bechtel has appointed Dena Volovar as the new president of its Nuclear, Security & Environmental (NS&E) business, succeeding John Howanitz, who is retiring after 42 years with the company. With over 2
Read MoreWiseTech is set to purchase Opentecnología S.A.
WiseTech Global has announced an agreement to acquire Opentecnología S.A., a Colombian customs and logistics technology firm, enhancing CargoWise's customs capabilities in Latin America. Founded in 20
Read MoreAeroNet has obtained a contract for net repairs with Qatar Airways Cargo.
AeroNet has secured a three-year contract with Qatar Airways Cargo for net repair services, lasting until May 31, 2027. This agreement involves the maintenance and repair of air cargo nets at AeroNet'
Read MoreBest Buy cautions that tariffs could lead to higher prices.
Best Buy reported a 4.7% decline in fourth-quarter revenue to $13.9 billion, despite a 0.5% increase in comparable sales. Operating income plunged 61.3% to $217 million, and net income dropped by abou
Read MoreUPS implements increases in fuel surcharges and modifies processing fees.
UPS is raising its fuel surcharge rates by 50 basis points for ground, air, and SurePost services in the U.S., which experts say will increase delivery costs for shippers. The adjustment is based on a
Read MoreTariffs spark chaos in international trucking.
The recent fluctuation of tariffs has prompted trucking carriers and shippers to closely monitor import duties, which may change again next month. Tariffs on USMCA-compliant imports have been suspende
Read MoreRetailers are expected to keep stockpiling in response to tariff uncertainties, according to predictions.
Cargo volumes at U.S. ports are anticipated to remain high over the next three months due to ongoing tariff pressures, with a 10.8% increase expected this month following a 6.1% rise in February. Reta
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