FedEx’s strong profit forecast, freight review drive stock surge
FedEx Corp. forecast profit above Wall Street’s expectations and said it would buy back $2.5 billion of its stock over the next year, lifting its…
Silk Way West Airlines forges strategic partnership with China Henan Aviation Group
Silk Way West Airlines, the leading cargo airline in the Caspian and Central Asian region, has signed a Memorandum of Understanding (MOU) with China Henan…
Dr Breithaupt succeeds Sonntag at Jettainer
Since 1 June 2024, Dr Jan-Wilhelm Breithaupt has been the new Chief Executive Officer of Jettainer.
FedEx soars as cost cuts drive better-than-expected forecast
FedEx Corp. forecast profit above Wall Street’s expectations and said it would buy back $2.5 billion of its stock over the next year, lifting its…
[Freightos Weekly Update] Ocean rates reach new highs, with additional increases expected soon
The combination of an early peak season, Red Sea diversions making capacity tight and knock-on port congestion making supply even tighter meant ex-Asia ocean spot…
TIACA Event Central Asia concludes with a path forward for Kazakhstan to develop as a global air cargo hub
The International Air Cargo Association (TIACA) concluded its fifth regional event, the TIACA Event Central Asia held June 19-21 in Astana, Kazakhstan, with a path…
NAV AERO global cargo GSSA network strengthens its airline network
NAV AERO is enhancing its airline network with the addition of three airlines.
WFS and Singapore Airlines extend cargo handling partnership
Launch of new flights to London Gatwick Airport and 3-year contract renewals in France, Belgium, and the rest of the UK
FedEx results to test torrid run in transportation stocks
A nascent rally in transportation stocks will face a crucial test on Tuesday when parcel carrier FedEx Corp. reports quarterly results that will shed light…
WorldACD Monthly Air Cargo Trends Special: General cargo outpacing special cargo growth in 2024
The growth of ‘general cargo’ air freight tonnages is outpacing that of ‘special cargo’ products so far in 2024, new analysis from WorldACD Market Data…
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