Air Freight News
Ontario International Airport passenger volume climbed 14% in July
Setting a new single-month record since its return to local control
Germany’s China exports slip Below those to Poland in first half
German exporters shipped more products to Poland than to China in the first half of the year, underscoring Germany’s efforts to diversify trade away from…
A2Z Drone Delivery launches portfolio of drone docks
The A2Z AirDock and its companion A2Z Longtail AirDock Edition enable infinite reach for non-stop autonomous drone deployments across a shareable regional drone infrastructure.
African cocoa harvest might improve but your chocolate prices won’t
Challenges include disease, climate change and low farmer pay.
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Healthcare exports from Puerto Rico grow as commercial cargo capacity increases to Europe and South America
The Puerto Rico Life Sciences Air Cargo Community has helped drive an eight percent increase in life sciences exports from the island and attracted new…
Freightos acquires Shipsta, expanding comprehensive digital freight procurement solution
Strategic acquisition broadens Freightos’ digital freight-booking vision by pairing Freightos’ spot offering with Shipsta’s best-of-breed tender management platform. Deal accelerates revenue growth and reaching breakeven…
Freightos reports second quarter 2024 results with record performance across KPIs
• New records for transactions, GBV, revenue and Adjusted EBITDA, all exceeding management expectations • Acquisition of Shipsta expands company’s platform for importers/exporters while accelerating…
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ZIM reports financial results for the second quarter of 2024
• Reported revenues of $1.93 billion, net income of $373 million, adjusted EBITDA of $766 million and adjusted EBIT of $488 million ; achieved adjusted…
Source Logistics announces strategic growth plan to support soaring demand for Latin American goods across the US
Source Logistics, a specialist provider of value-added transportation, warehousing, distribution, and fulfillment services, today announces its strategic growth plan to support exploding US demand for…
Yang Ming’s update and general average statement for YM Mobility
Regarding the fire incident near the bow of YM Mobility at the Port of Ningbo on August 9, 2024, Yang Ming declared General Average on…