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Qatar Cargo launches ‘transformative’ digitalization drive for air containers

Mar, 01/14/2025 - 09:36
The Doha-based carrier will expand the digital connectivity of its containers to improve real-time visibility across the global cargo and passenger network.

CBP seeks industry input on rules curbing low-value shipment abuse

Lun, 01/13/2025 - 13:47
The US is seeking to amend rules regarding so-called de minimis shipments, which have skyrocketed since the pandemic.

Ex-Asia air freight capacity constraints to persist in 2025

Mié, 01/08/2025 - 12:45
Capacity will continue to be the greatest challenge facing cargo owners moving goods from Asia by air this year.

Cass acquires international freight invoice auditing tool to widen modal reach

Jue, 01/02/2025 - 11:40
The deal will see Acuitive Solutions’ AcuAudit product integrated into Cass’s freight audit and payment platform, one widely used by large shippers.

Risks ‘coming fast’ as global supply chain shifts nervously into new year

Lun, 12/23/2024 - 10:03
Whether it be geopolitical crises, labor unrest or the wild card of a second Trump administration, the global supply chain will face no shortage of unknowns in 2025.

Tight capacity, high demand expected to push air cargo costs higher in 2025

Vie, 12/20/2024 - 09:30
As the supply-demand imbalance drives air freight rates to levels not seen in two years, forwarders are trying to balance the contractual requirements of airlines while securing capacity at reasonable rates for customers.

Air cargo payment provider acquires Advent eModal

Lun, 12/16/2024 - 05:00
Advent eModal, a three-decade landmark provider of fee collection and appointment scheduling at container terminals, has been sold by private equity group Blackstone to air cargo software specialist CargoSprint.

Capacity shortage, aging fleet to clip air cargo wings in 2025: IATA

Vie, 12/13/2024 - 08:47
While cargo volume is expected to grow 5.8% next year, the airline association is warning that aircraft supply chain issues will raise costs, possibly limiting that growth.

Trans-Atlantic air cargo rates take off as capacity shifts to Asia

Jue, 12/12/2024 - 12:39
Airlines repositioning freighter aircraft from the trans-Atlantic to the more profitable Asia market has combined with a seasonal decline in belly cargo on the Europe-US route to push rates on the trade lane near a two-year high.

Air freight users forced to better manage heavily imbalanced market

Vie, 12/06/2024 - 10:26
Air cargo is seeing a greater volume of non-essential products to get around container shipping challenges, a move that comes at a substantial cost to shippers.

‘Peak’ of peak season lifts rates, demand in global air freight market

Mar, 12/03/2024 - 09:19
The first week of December is traditionally when demand for air cargo reaches its highest level, and this year a wide imbalance between demand and available space is pushing up already elevated prices.

Freightos, e2open link up on air freight e-bookings for forwarders

Vie, 11/22/2024 - 12:47
By connecting to forwarder-customers of software vendor e2open, Freightos is continuing its push to develop electronic booking capability in the air freight industry.

Freightos, e2open link up on airfreight e-bookings for forwarders

Vie, 11/22/2024 - 12:47
By connecting to forwarder-customers of software vendor e2open, Freightos is continuing its push to develop electronic booking capability in the air freight industry.

China logistics giant SF Holding launches $793 million Hong Kong IPO

Mar, 11/19/2024 - 14:15
The company has the largest ground transportation fleet in Asia, with more than 86,000 trucks and 100,000 first- and last-mile delivery vehicles.

Air cargo peak season elevates as Chinese export rates hit 2024 high

Mié, 11/06/2024 - 10:56
Volume and rates on the Asian export corridors to the US and Europe have been high all year and online shopping promotions in November are further stoking the market.

Asia-Europe air cargo demand jumps while ‘de minimis’ scrutiny hampers trans-Pac

Vie, 10/25/2024 - 10:34
The recent rise in volume to Europe contrasts sharply with China-to-US tonnage that in the second half has fallen far below year-over-year levels following greater scrutiny by US authorities on e-commerce imports.

Value of Schenker takeover will manifest in expanding services: DSV CEO

Vie, 10/25/2024 - 09:19
Jens Lund this week emphasized the earnings potential of the takeover, pointing to greater scale and a wider portfolio of services that would increase the combined entity’s reach.

DSV, K+N post solid Q3 revenue gains, but profit margins under pressure

Mié, 10/23/2024 - 11:59
Rising competition and tough negotiations with customers are believed to be behind the narrowing profit margins that were plainly displayed in the financial results of the two forwarders.

Savvy air cargo shippers use strategic rate, space deals to offset capacity constraints

Vie, 10/18/2024 - 09:04
A year of disruption has been on-the-job training for air freight shippers that are now battle-hardened and prepared for a tough end-of-year peak season.

Government, board approvals clear way for DSV-DB Schenker merger

Mié, 10/02/2024 - 11:56
Deutsche Bahn’s supervisory board approved DSV’s $16 billion acquisition of rival forwarder DB Schenker despite opposition from union members on the board.

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