News Articles
Worldwide air freight rates decline following a surge influenced by the Middle East.
Global air freight rates experienced a slight decline last week, following significant increases due to the Middle East conflict, as reported by the TAC Index. The Baltic Air Freight Index (BAI00) fel
Read MoreIn the fiscal year 2026, Qatar Airways Cargo transported more than 2.8 million tons of freight.
Qatar Airways Group reported a post-tax profit of $1.94 billion for the financial year 2025/26, driven by robust cargo operations despite global economic challenges. The airline transported over 2.8 m
Read MoreCathay Group publishes its passenger statistics for April 2026.
The Cathay Group reported strong traffic figures for April 2026, with a 17% increase in passenger numbers compared to April 2025. Chief Customer and Commercial Officer Lavinia Lau noted high demand dr
Read MoreBIFA applauds the decision to prolong the proposed reduction in fuel duty.
The British International Freight Association (BIFA) welcomed the government's decision to extend the 5p fuel duty cut for the year, indicating that the government is responsive to their concerns. BIF
Read MoreCARGOLAND honors the cargo community.
CARGOLAND by LGG hosted its inaugural Gala Dinner, uniting the cargo community to celebrate record results and acknowledge key contributors. Held at Van Der Valk Sélys Liège Hotel, the event attracted
Read MoreMatternet and Amprius have partnered to extend the range of drone deliveries.
Matternet and Amprius Technologies have formed a collaboration to enhance autonomous drone delivery using silicon anode battery technology. Amprius's battery cells are now integrated into Matternet's
Read MoreTeleport experiences an increase in revenue as eCommerce activity grows.
Teleport's revenue surged 34% year-on-year to $78 million in Q1 2026, driven by increased e-commerce demand in Southeast Asia and China, as well as an expanded network through partner airlines. EBITDA
Read MoreGlobal GSA Group ensures cargo stability despite disruptions in the Middle East.
Global GSA Group is effectively managing operations amid geopolitical disruptions in the Middle East, leveraging its digital infrastructure, flexible network, and strong partnerships for resilience. B
Read MoreAD Ports enhances its global presence through the acquisition of MBS Logistics.
AD Ports Group plans to acquire Germany's MBS Logistics for €70 million to enhance its global logistics platform and expand in key trade corridors. This purchase will grant AD Ports 100% ownership of
Read MoreGHIAL inaugurates cargo terminal 2 at Hyderabad International Airport.
GMR Hyderabad International Airport (GHIAL) has launched Cargo Terminal 2, enhancing the airport's cargo capabilities to meet increasing demand. Spanning 16,864 sqm, it will initially handle 50,000 me
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