Challenge Group continues to expand Its fleet with acquisition of Boeing 747-400F aircraft
In a bold move signaling its unwavering commitment to industry growth and enhanced capabilities, Challenge Group, the end-to-end solution provider for complex verticals, announces the…
LATAM Group concludes Valentine’s season by transporting close to 25,000 tons of flowers from Ecuador and Colombia
• In just three weeks, LATAM's cargo subsidiaries conducted more than 400 takeoffs from Bogotá, Medellín, and Quito to export South American flowers to the…
UPS climbs most since 2022 as cost cuts spur UBS upgrade
United Parcel Service Inc. rose the most in more than a year after UBS Group AG upgraded the courier to buy, predicting the company will…
[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…
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