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The STAT Trade Times

The STAT Trade Times

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  • Air Cargo
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STAT Times

STAT Times

One Stop destination for your Logistics & Transportation News

FedEx to reduce cost by $1bn in FY2026, net income drops 5% in FY2025

FedEx is planning permanent cost reductions of $1 billion in fiscal 2026 from the DRIVE and Network 2.0 transformation...

STAT Times25 Jun 2025 5:30 PM IST
FedEx to reduce costs by $1bn in FY2026, net income drops 5% in FY2025

DHL Global Forwarding inaugurates new hub at Frankfurt Airport

After just over a year of construction, DHL Global Forwarding celebrated the official opening of its new air freight hub...

STAT Times25 Jun 2025 4:55 PM IST
DHL Global Forwarding inaugurates new air freight hub at Frankfurt Airport

Swissport begins cargo handling operations at Milan Malpensa airport

Swissport has launched cargo handling operations at Milan Malpensa Airport, marking a strategic expansion in Italy. The...

STAT Times25 Jun 2025 4:26 PM IST
Swissport begins cargo handling operations at Milan Malpensa airport

CEVA renews Safran contract for 3 years to transport aeronautics parts

CEVA Logistics, a global leader in third-party logistics, signed a contract with Safran, the world's second-largest...

STAT Times25 Jun 2025 1:07 PM IST
CEVA renews Safran contract for three years to transport aeronautics parts

Swiss WorldCargo completes transition to sustainable containers

Swiss WorldCargo has successfully completed its rollover to a range of brand-new, lighter, and more sustainable...

STAT Times25 Jun 2025 11:27 AM IST
Swiss WorldCargo completes transition to sustainable containers

Wilson Kwong, Chief Executive Officer, Hong Kong Air Cargo Terminals Limited (Hactl)

At the air cargo Europe and transport logistic exhibitions in Munich, Germany, Reji John, Editor of STAT Media Group,...

STAT Times25 Jun 2025 10:00 AM IST
Wilson Kwong, Chief Executive Officer, Hong Kong Air Cargo Terminals Limited (Hactl)

Air cargo rates edge lower WoW, down 6% YoY: TAC Index

Global air freight rates edged slightly lower overall last week, according to the latest data from TAC Index. The global...

STAT Times24 Jun 2025 6:03 PM IST
Air cargo rates edge lower WoW, down 6% YoY: TAC Index

FedEx names R. Brad Martin as new board chairman

FedEx Corporation announced the appointment of R. Brad Martin as the new Board Chairman after Frederick Wallace Smith,...

STAT Times24 Jun 2025 5:03 PM IST
FedEx names R. Brad Martin as new board chairman

Saudia Cargo, TAM Group sign JV deal to set up Saudia Cargo Global

Saudia Cargo announced a joint venture agreement with TAM Group, its long-standing partner in China. "The...

STAT Times24 Jun 2025 12:13 PM IST
Saudia Cargo signs joint venture agreement with TAM Group

Richard Forson, Chief Executive Officer, Cargolux

In 2025, Cargolux celebrates 55 years of uninterrupted operations as Europe’s largest all-cargo carrier, operating a...

STAT Times23 Jun 2025 7:00 PM IST
Richard Forson, Chief Executive Officer, Cargolux

Middle East & South Asia air cargo tonnages drop sharply: WorldACD

Air cargo traffic to and from the Middle East & South Asia (MESA) has fallen sharply in the last two weeks due...

STAT Times20 Jun 2025 6:35 PM IST
Middle East & South Asia air cargo tonnages drop sharply: WorldACD

From Guangzhou to Scotland: Nico Le Roux on Prestwick’s Cargo Transformation

At Air Cargo Europe 2025 in Munich, Nico Le Roux, Business Development Director at Glasgow Prestwick Airport, sat down...

STAT Times20 Jun 2025 6:00 PM IST
From Guangzhou to Scotland: Nico Le Roux on Prestwick’s Cargo Transformation
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