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...

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...

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...

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...

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

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,...

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...

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,...

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...

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

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...

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...
