One Air targets double freighter fleet by end of 2025
British cargo airline One Air is eyeing to double its freighter fleet by the end of 2025 as it marked its first year of...
BIMCO: Container ship fleet expands by 11%, fastest growth in 15 years
The capacity of the container ship fleet has increased by 1.6 million Twenty-Foot Equivalent Units (TEU) since the...
Sea-Intelligence notes growth in non-alliance services
The initial disruptions to global supply chains triggered by the pandemic had a profound impact on
Asyad Group acquires Skybridge Freight Solutions
Oman-based logistics provider Asyad Group has acquired Skybridge Freight Solutions (SFS), a multimodal freight...
Bonnie Lowenthal elected Port of Long Beach Harbor Commission President
Harbor Commissioner Bonnie Lowenthal was elected president of the Long Beach Board of Harbor Commissioners, the...
Ocean rates dip on capacity increase and early peak
The massive IT outage caused by the CrowdStrike update on July 19 led to thousands of delayed or cancelled flights...
TIACA appoints Mahendra Pokhriyal as India regional representative
The International Air Cargo Association (TIACA) has appointment Mahendra Pokhriyal as its Regional Representative –...
UPS returns to volume growth in Q2 after nine quarters
UPS said its volumes increased in the second quarter, returning to growth after nine quarters. The American...
Airbus and partners invest in Sustainable Aviation Fuel financing fund
Airbus, the Air France-KLM Group, Associated Energy Group, LLC, BNP Paribas, Burnham Sterling, Mitsubishi HC Capital...
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Global volumes rise again in June as market indicates ‘hot Q4’ for air cargo rates
The global air cargo market is heading towards a ‘hot Q4’ of rate increases after a sixth straight
WorldACD: Tonnages up 12% in the first half of 2024
Global air cargo tonnages were up by 12% in the first half of 2024 compared with the equivalent
Spot market rates unlikely to reach pandemic highs, but industry response critical
As ocean freight container shipping spot rates continued to spike dramatically in July amid
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