Air Freight News
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UPS says union deal raises wages and benefits by 3.3% a year
United Parcel Service Inc.’s union labor deal will boost the cost of wages and benefits by an average of 3.3% over five years, with the…
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Biggest Saudi Airline to list 30% stake in cargo firm IPO
Saudi Arabia’s biggest airline and another shareholder will list a 30% stake in cargo firm SAL Saudi Logistics Services Co. in a Riyadh initial public…
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U.S. cargo and passenger airlines added 2,058 jobs in July 2023; employment remains 8.2% above pre-pandemic July 2019
U.S. airline total number of employees (both full-time and part-time)
Globe Air Cargo China, part of ECS Group, partners with Royal Air Brunei Airlines to enhance air cargo operations in China
The contract, effective from 1st July 2023, designates Globe Air Cargo China as the General Sales Agent (GSA) for the entirety of China, aligning with…
UPS to raise average prices by 5.9%, matching FedEx’s increase
United Parcel Service price increase will take effect on Dec. 26
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WorldACD Weekly Air Cargo Trends (week 35):
Volume decline continues in August at sobering -3%
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Qatar Airways Cargo launches SecureLift
SecureLift is designed to offer optimum protection and secure storage for high-value and vulnerable shipments.
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Air cargo demand growth ‘may be a few quarters away’ as August sees spot rates hit their lowest level in over three years
The global air cargo spot rate flattened to USD 2.19 per kg in August, its lowest level since the onset of the pandemic as another…
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My Freighter selects Unilode for ULD management solutions
Unilode Aviation Solutions, the market leader in outsourced unit load device (ULD) management, repair and digital services, and My Freighter, a start-up cargo airline based…
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Qatar Airways Cargo resumes freighters to Bahrain
Weekly cargo capacity to and from Middle East increases to over 4,500 tons