Air Freight News
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UPS cuts forecast again after new labor deal shreds profit
United Parcel Service Inc. cut its annual profit target on a spike in costs from a new union labor contract and weaker package demand.
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WorldACD Weekly Air Cargo Trends (week 42): Tonnages and rates stabilize after recovery from Golden Week
Global air cargo tonnages and rates appear to have stabilized after recovering from China’s National Day Golden Week in early October, according to the latest…
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Finnair Cargo takes a step towards self-sufficient energy production
Finnair Cargo is making a move towards fully self-sustainable energy production in November – just in time to celebrate Finnair’s 100th birthday.
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Swiss WorldCargo and Sonoco ThermoSafe announce global master lease agreement
Swiss WorldCargo, the expert carrier in transporting high-value, care-intensive, and temperature-sensitive shipments, has announced its partnership with Sonoco ThermoSafe.
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IAG Cargo announces new 2023-2024 winter schedule
• IAG Cargo increases frequency on routes including to Miami, Dubai and Cape Town from London Gatwick and London Heathrow • IAG Cargo launches new…
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American Airlines Cargo expands international winter widebody schedule
The cargo carrier announces an increase of more than 1,100 trans-Atlantic widebody flights compared to last winter
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WestJet Cargo announces new destinations for its Winter schedule
WestJet Cargo announces the expansion of its cargo services for the Winter schedule, introducing new destinations to its network: Puerto Plata, Bridgetown and Kingston.
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Memorable Caspian Air Cargo Summit 2023 hosted delegates from more than 40 countries across the world in Baku
On October 23-25, Silk Way West Airlines, the leading cargo airline in the Caspian and Central Asian region, hosted this year’s edition of the Caspian…
[Freightos Weekly Update] Carriers plan Asia - N. Europe GRIs on further capacity reductions
Key insights: 1. Transpacific ocean rates may be leveling off as the lane enters the post-peak season pre-Lunar New Year lull but carriers step up…
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Qatar Airways Group announces appointment of new group chief executive
Qatar Airways Group confirms after 27 years of remarkable service, Qatar Airways Group Chief Executive - His Excellency Akbar Al Baker will be stepping down…