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Air freight rates decline marginally: TAC Index
Global air freight rates eased lower during the week ended August 5, according to the latest data from TAC Index, the...

Air freight rates down 3%, no major impact of global IT outage
Global air freight rates eased 2.7 percent in the week to July 22, according the latest data from TAC Index. "There...

Pharma shipments see Cathay carry 12% more cargo in June
Cathay Pacific carried 124,568 tonnes of cargo in June 2024, an increase of 12 percent compared with June 2023. "The...

Air cargo rates, tonnages decline on July demand lull
Worldwide air cargo rates and demand softened slightly from most regions in the second week of July, although tonnages...

ACS transports 100 tonnes of hops from Europe for Mexican beer maker
Air Charter Service (ACS) stepped in to help with the delivery of more than 100 tonnes of hops from Germany, needed for...

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...
