News Articles
Air freight is poised to experience nearly double-digit growth in demand by 2024.
Despite zero growth in November and December, the global air cargo market is set to achieve double-digit demand growth in 2024, with an 11% increase in global demand noted in October. Spot rates rose
Read MoreGlobal K9 Protection has purchased the canine screening company Dog Detectives.
Global K9 Protection Group (GK9PG) has acquired Dog Detectives, a UK-based canine screening provider, marking its entry into the European market and paving the way for further international growth. GK
Read MoreBeaujolais Nouveau: The air transportation logistics of the quickest wine in the world.
Every November, the arrival of Beaujolais Nouveau captivates wine lovers globally, thanks to a complex logistics operation that swiftly transports this celebrated French wine from vineyard to consumer
Read MoreRates increase again during the final full week of October, according to WorldACD.
In the last week of October, global air cargo spot rates increased by five percent, driven by rises in Asia Pacific, Europe, and Central & South America. Average spot rates reached $2.93 per kilo, whi
Read MoreGeneral Dynamics' aircraft deliveries in the third quarter were hindered by supplier problems.
General Dynamics faced challenges in Q3 due to defective components, which affected aircraft deliveries and led to the exchange of up to 16 parts per plane. Despite these setbacks, the supplier is coo
Read MoreAmerican Airlines Cargo transports the final tiger from an ecological park in Argentina.
Lucy, a 16-year-old Bengal tiger, has been relocated from an Eco Park in Mendoza, Argentina, to The Wildcat Sanctuary in Minnesota, USA, thanks to American Airlines Cargo. This move is part of the Men
Read MoreAir Canada's cargo revenue in the third quarter increased by 18% due to a rise in traffic on the Pacific route.
Air Canada experienced an 18% rise in cargo revenue, reaching C$253 million in Q3 2024, driven by increased yields and volumes in the Pacific market. However, this was partially offset by declines in
Read MorePrepared to change your process?
This year, I’ve resumed my pre-pandemic travel, attending live conferences to enhance networking in the B2B media sector. As the fall conference season concludes, I invite readers to the 2024 Supply C
Read More2024 Warehouse/DC Operations Survey: Increasing adoption of technology
The annual Warehouse Operations & Trends Survey reveals a significant increase in capital expenditure budgets for enhancing distribution center (DC) networks, rising from an average of $1.15 million t
Read MoreTruckload Market: Excess capacity remains a concern.
The truckload (TL) market faces tough conditions, with forecasts indicating a rate recovery won't happen until late 2025. Currently, shippers are demanding discounts, while carriers struggle with risi
Read More