News Articles
Atlas Air has announced that CEO Michael Steen has been appointed to the Board of Governors of IATA.
Atlas Air Worldwide Holdings, led by CEO Michael Steen, announced his appointment to the Board of Governors of the International Air Transport Association (IATA). With over 30 years in aviation and lo
Read MoreDespite having excess capacity, the demand for logistics real estate is still low.
The latest Industrial Business Indicator (IBI) report from Prologis reveals various challenges in the U.S. logistics market. The Q3 utilization rate is at 84.4%, below the normal range, indicating exc
Read MoreObstacles to ESG reporting
ESG reporting presents significant challenges for organizations, as they often have limited control over the required data. However, there are methods to improve data collection processes. An infograp
Read MoreWorldACD reports that increasing rates in the Asia Pacific and Europe are driving up global prices.
In the first week of the airline sector's winter timetable for 2024-25, air cargo rates increased globally, driven by rising rates from Asia Pacific and Europe. Average worldwide rates rose by 2% week
Read MoreThe demand for air cargo is expected to achieve double-digit growth in 2024.
In October, global air cargo demand rose by 11% year-over-year, reflecting improved market stability amid various disruptions, according to Xeneta. Chief Airfreight Officer Niall van de Wouw noted tha
Read MoreCSX anticipates that the recovery from Hurricane Helene will extend into 2025.
Hurricane Helene significantly impacted CSX's operations, causing extensive damage to its network, second only to Hurricane Katrina in the past 30 years. The railroad anticipates a $50 million revenue
Read MoreUS Bank reports a 21% decrease in freight shipments in the sluggish trucking market.
U.S. Bank reported a 21% year-over-year decline in shipments and spending indices in Q3, indicating a slow recovery ahead. Although shipments fell 1.9% and spending dropped 1.4% from Q2, the rate of d
Read MoreHow Amazon sellers are managing limitations in capacity.
Amazon sellers are exploring alternative shipping and storage solutions to address capacity issues within the company's logistics network as the holiday season approaches. Delays in processing seller
Read MoreHershey allocates $500 million to enhance cocoa farming challenges.
Hershey has launched a new partnership as part of its "Cocoa For Good" initiative, aimed at improving the welfare of cocoa farmers, children, and ecosystems in West Africa, particularly the Ivory Coas
Read Morednata has obtained its initial Cargo iQ certification.
dnata has achieved its first Cargo iQ certification, demonstrating its commitment to high-quality handling and continuous reporting across its network. The company has integrated Cargo iQ principles i
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