WorldACD Weekly Air Cargo Trends (week 30):
Tonnages down -5% in July
July demand indicates a ‘winter of discontent’ for airlines and forwarders as global air cargo rates continue to plunge
Shippers will hold the upper hand in the next round of winter airfreight rates negotiations after another month of falling demand in July saw volumes…
Etihad Cargo exceeds operational performance targets
• Etihad Cargo has achieved 82.7 per cent OTP for freighter departures and 82 per cent OTP for freighter arrivals, ahead of its 80 per…
Cargo airline Western Global reaches bankruptcy financing deal
Western Global Airlines LLC has reached a deal with creditors that would allow the cargo carrier to keep operating while it reworks its debt load…
WorldACD Weekly Air Cargo Trends (week 29):
Global tonnages close to their equivalent levels last year
Qatar Airways Cargo enhances customer experience with real-time personalized pricing via the online e-booking platforms
Customers now receive real-time, reliable, and personalized pricing with each shipment requested via Digital Lounge, marketplaces and host to host integrated connections, enabling them to…
[Freightos Weekly Update] Labor progress and rising transpac rates
Key insights: 1 The ILWU Canada strike was revived last week before being called off again, and heading to membership for ratification this week. 2…
UPS, Teamsters reach tentative labor deal avoiding strike
United Parcel Service Inc. reached a tentative agreement to renew a five-year labor contract with the Teamsters ahead of the July 31 deadline, giving relief…
New British cargo airline One Air completes inaugural flight and begins preparations to welcome second freighter
Britain’s new all-cargo airline, One Air, has completed its inaugural Boeing 747-400 freighter flight, operating a full charter for client Shandong Glory from China to…
UPS, Teamsters reach agreement in labor negotiations
Deal delivers wins for our employees, the company and its customers and the Teamsters
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