News Articles
Cargojet's revenue for 2024 reaches $1 billion.
Cargojet, a Canadian all-cargo carrier, reported a 14% revenue increase to $1 billion in 2024, driven by significant growth in charter and domestic network revenues. Net earnings surged to $108.4 mill
Read MoreTrump mandates reciprocal tariffs on every country.
President Trump has signed an executive order establishing a reciprocal tariff policy that mandates the U.S. to match any tariffs imposed by other countries. This policy aims to address tariffs on U.S
Read MoreMattel utilizes a varied supply chain in response to the new tariffs imposed by China.
Mattel anticipates profit growth in 2025 by diversifying its supply chain, even with new U.S. tariffs on Chinese imports. The company plans to reduce China's contribution to less than 40% of global pr
Read MoreLouis DeJoy, the head of the Postal Service, is set to resign.
Postmaster General Louis DeJoy is set to resign from his position at the U.S. Postal Service and has asked the Board of Governors to begin searching for his successor. He emphasized the importance of
Read MoreTarget aims to improve its inventory management and unloading procedures.
Target is addressing its supply chain challenges, particularly in inventory management and trailer unloading, through technological advancements, according to Chief Supply Chain Officer Gretchen McCar
Read MoreSome trucking companies are reporting that industrial demand is finally increasing.
The past two years of freight recession have highlighted the manufacturing sector's significance to trucking, with some carriers, like Old Dominion and XPO, reporting signs of recovery in industrial d
Read MoreIn January, Brussels Airport processes almost 60,000 tons of cargo.
In January, Brussels Airport saw an 8% increase in total cargo volumes, reaching 59,385 tonnes, with air cargo up by 11% at 51,526 tonnes. The full-freight segment grew by nearly 4%, and belly cargo r
Read MoreBoeing will move the 767F production line to the 767-2C model, but this will not affect the operations of the 767F.
The FAA Reauthorization Act of 2024, signed on May 16, exempts new Boeing 767-300 freighters from emissions requirements until 2033, although Boeing plans to halt 767-300F production in 2027. A Boeing
Read MoreSchiphol Cargo announces an 8% rise in 2024 driven by a focus on e-commerce.
In 2024, Schiphol Cargo recorded total air cargo tonnage of 1.5 million tonnes, marking an 8.2% increase from 2023. Key freight categories included electronics, perishables, and e-commerce goods, with
Read MoreLuis Muñoz Marín Airport has received IATA certification for pharmaceutical handling.
The International Air Transport Association (IATA) has officially designated Luis Muñoz Marín International Airport (SJU) as a certified hub for pharmaceutical handling, thanks to the collaborative ef
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