Air freight capacity takes off, and rates descend, with boost in Europe-US flight numbers
The latest analysis from Oslo-based Xeneta shows marked fluctuations in air freight rates and dynamic load factors between Western Europe and the US, as increased…
Wider problems on the ground slow air cargo’s Covid recovery for a second consecutive month
All the factors which curtailed the growth recovery of the general air cargo market in March continued to impact the industry in April with volumes…
IAG Cargo enhances its operations between Spain and USA
• IAG Cargo has revived several routes from Spain to the USA resulting in over 120 weekly connections • The schedule offers regular connectivity to…
WorldACD: Trends for the past 5 weeks (wk 16)
WorldACD views on air cargo market developments, covering each of the last 5 weeks up till Sunday 24 April.
Saudia Cargo and Cainiao’s partnership solidifies as the eCommerce Industry growth continues
The agreement created a thriving ‘sky bridge’ between Asia and Europe, allowing Saudia Cargo to benefit from the opportunities arising from the growing global e-commerce…
[Freightos Weekly Update] Shanghai lockdown continues, but some optimism about recovery
Key insights: 1 Air and ocean volumes out of Shanghai continue to be impacted by the drop in manufacturing and available trucking. When possible, exports…
2022 vs. 2021: weight Q1 was flat, March at -3% and first half of April at -6%
To put the air cargo industry’s performance in 2022 in perspective, we have looked at the worldwide development of chargeable weight in the last 10…
Wiremind’s dedicated air cargo business unit has now become an official subsidiary: Wiremind Cargo
In November 2021, Wiremind launched Wiremind Cargo, a dedicated air cargo business unit, headed by CEO, Nathanaël de Tarade, and CTO, Etienne Corbillé. Created in…
ECS Group to establish and develop DHL aviation’s Brazilian business
ECS Group’s Brazilian subsidiary, BCS AIR, is in close cooperation with DHL Aviation in setting up the airline’s first Brazilian connection and will serve as…
UPS price hikes push profit above estimates as packages drop
United Parcel Service Inc. posted profit that beat analysts’ estimates as price increases and efficiency gains helped offset higher costs and a decline in package…
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