[Freightos Weekly Update] Ocean rates declining on some lanes as operations stabilize
Tensions continue to rise in the Middle East, with US retaliatory strikes in Syria and Iraq a new escalation, but with most container traffic already…
January pushes volumes up 10% as Red Sea conflict and Lunar New Year combine
Global air cargo volumes rose by a surprise but welcome 10% year-on-year in January as shippers’ concerns over hostilities in the Red Sea and an…
WestJet Cargo appoints Awesome Cargo LLC as its US GSA
Aerocharter GSA, through its US GSA sales entity Awesome Cargo LLC has been appointed WestJet Cargo’s GSA for commercial business out of Los Angeles (with…
Network Airline Services opens new office in Milan, Italy
Network Airline Services have recently opened a brand-new office in Milan (LIN) in Italy – situated within the airport region, it is an ideal location…
Qatar Airways Cargo appoints new Chief Officer Cargo
Qatar Airways Cargo confirms that Mark Drusch has been appointed as Chief Officer Cargo effective immediately.
UPS CEO kicks off productivity drive by cutting 12,000 managers
Carol Tomé changed United Parcel Service Inc.’s. management theme to “Better and Bolder” during contentious labor-union talks last year, leaving investors wondering what the chief…
UPS to cut 12,000 jobs, bring workers in five days a week
United Parcel Service Inc. plans to cut 12,000 jobs and explore the sale of its Coyote truck brokerage business in moves Chief Executive Officer Carol…
Turkish Cargo now offers 3 new pharma products
Being one of the most reliable solution partners in the global air cargo industry, Turkish Cargo raises the bar for quality in terms of logistics…
[Freightos Weekly Update] Signs ocean rates may be peaking and disruptions decreasing as LNY nears
Key insights: 1. Despite ongoing US/UK strikes on Houthi positions, and US asking China to apply diplomatic pressure, Red Sea attacks continue this week. 2.…
Delta Air Lines continues to partner with LUG for cargo handling in Frankfurt and Munich
Delta Air Lines has extended its partnership with LUG aircargo handling in Frankfurt and Munich, securing a contract extension until 2027.
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