Air cargo enters 2024 with cautious optimism after December demand and rates boost
2024 may herald the start of a new economic growth cycle for the global air cargo industry after last year ended with a +9% year-on-year…
[Freightos Weekly Update] Ocean rates spike as Red Sea diversions continue
The international naval presence in the Red Sea has not deterred Houthi attacks, which continued into the new year.
CPaT announces new partnership with leading EU-based ACMI, charter and cargo operator, SmartLynx Airlines
CPaT Global, the world’s leading provider of distance learning for the airline and aviation industry, today announced they have been awarded a new contract with…
Cargo Airline Association named Manzelli as Managing Director for Legislative Policy
CAA names Brianna Manzelli, Managing Director of Legislative Policy
WorldACD Weekly Air Cargo Trends (week 51)
Tonnages in Q4 2023 closing at +3% year-on-year
[Freightos Weekly Update] Shippers brace for spiking rates, though Maersk and CMA CGM already returning to Suez
Key insights: 1. Shippers on Asia to N. Europe, Mediterranean and US East Coast trade lanes are facing longer transit times and the possibility of…
UPS loses EU court bid for compensation over botched merger veto
United Parcel Service Inc. lost its court fight to get €1.7 billion ($1.9 billion) in compensation following the European Union’s botched veto of its takeover…
FedEx Express mechanics and related launch campaign to join Teamsters
Mechanics and related classifications at FedEx Express, the largest cargo airline in the United States, have launched an organizing drive to join the Teamsters.
[Freightos Weekly Update] Red Sea diversion causing delays and climbing rates
Key insights: 1. More Houthi Red Sea attacks has led to widespread diversions away from the Suez Canal this week. In response, the US is…
China Cargo expands partnership with WFS in North America launching Miami freighter services in Q1 2024
China Cargo Airlines is extending its relationship with Worldwide Flight Services (WFS), a member of the SATS Group, in North America with a new handling…
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