Air Freight News
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[Freightos Weekly Update] Uncertainty surges again as SCOTUS decides and Trump responds
The Supreme Court struck down Trump's use of IEEPA for tariffs, invalidating country-specific US duties on Friday. The White House responded with a Section 122…
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Vietnam Airlines finalizes order for 50 Boeing 737 MAX Airplanes
The addition of the 737-8 will enable Vietnam Airlines' domestic and regional route growth plans as air travel demand continues to rise across Southeast Asia.
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LATAM Group leads air shipments of flowers to the US for Valentine’s Day
In just over three weeks, LATAM Group’s cargo affiliates transported more than 24,000 tons of flowers from Colombia and Ecuador, reinforcing their position as the…
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Tariffs threaten Colombian flower industry amid Valentine’s Day rush
Millions of Colombian roses arrived in the U.S. just in time for Valentine's Day, but growing economic challenges are threatening to wilt the romance for…
[Freightos Weekly Update] Transpac ocean rates slide early; carrier revenue slipping as fleet grows
The transpacific container market has moved firmly past the pre-Lunar New Year rush, with reports of muted demand; Asia-US West Coast rates slipped to about…
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FedEx, Advent-led consortium to buy parcel locker firm InPost in $9.2 billion deal
A consortium led by FedEx and InPost investors has agreed to buy out the parcel locker company in a 7.8 billion euro ($9.2 billion) deal…
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Royal Jordanian Cargo strengthens U.S. presence through ECS Group partnership
ECS Group has signed a strategic, multiyear GSA agreement with Royal Jordanian Airlines, representing an important step in the carrier’s commercial presence in North America.
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Aerotranscargo FZE, GMF, and AIR ONE Technics forge strategic MRO alliance for 747 freighter fleet
The MoU establishes a framework for collaboration between the three parties, combining GMF’s global MRO capabilities, ATC FZE’s widebody freighter fleet worldwide operations, and AIR…
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CargoLand by LGG and Emirates SkyCargo deepen pharma connectivity with new scheduled freighter services
CargoLand by LGG has reinforced its position as a leading European pharmaceutical logistics hub through a new partnership with Emirates SkyCargo.
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FedEx plans MD-11 cargo plane return by May 31 following UPS accident
FedEx said on Wednesday it is working with Boeing and U.S. aircraft safety regulators to return to service by May 31 the MD-11 cargo planes…