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Carousel Logistics acquires Logik Logistics International
Carousel Logistics, a part of the DANX Carousel Group, has acquired Logik Logistics International (Logik), a specialist...
SWISS, Swiss WorldCargo get nod for environmental management systems
Swiss International Air Lines (SWISS) has recently secured its first-ever validation under Europe’s Eco-Management and...
UPS Healthcare invests €20mn for temp-controlled fleet in Europe
UPS Healthcare is investing more than €20 million in over 200 state-of-the-art, temperature-controlled vehicles to...
Etihad Cargo expands European freighter network with Madrid launch
Etihad Cargo, the cargo and logistics arm of Etihad Airways, is expanding its freighter network with a new route to...
Asia Pacific air cargo demand, rates soar on capacity worries
Air cargo demand and rates from Asia Pacific origins continue to soar well above last year’s levels with spot rates from...
FedEx plans to reduce 1,700-2,000 employees in Europe
NYSE-listed FedEx announced plans to streamline its workforce in Europe as part of on-going measures to reduce...
Global air freight rates unchanged ahead of low season: TAC Index
Global air freight prices were little changed during the week to May 13, 2024, reflecting a market that is still...
Role reversal: Backhaul Middle East-Europe air cargo rates rally
There has been a reversal of traditions across fronthaul and backhaul air freight corridors between the Middle East and...
Global air cargo rates steady: TAC Index
Global air freight rates were little changed in the week to April 22, according to the latest data from TAC Index, the...
Air cargo rates hold firm: WorldACD
Average global air cargo rates held steady in the second week of April, equaling their level in the equivalent week the...
Air freight rates decline marginally, six-week rally ends: TAC Index
Global air freight rates dipped slightly last week, according to the latest data from TAC Index. The overall Baltic Air...
Air cargo rates rise as South Asia-Europe rates soar: WorldACD
Worldwide air cargo rates continued to rise into the first week of April, boosted by a surge in prices and demand...