United Parcel Service (UPS) is set to acquire Estafeta, a leading player in the Mexican express delivery industry. This move is poised to deliver potent global logistics solutions and trade opportunities for businesses across Mexico and even beyond. The acquisition is designed to help businesses of varying scales maximize the ongoing Mexico manufacturing boom, evolving […]
In a strategic move to expand its capacity and cater to burgeoning e-commerce needs, Australia Post has proudly introduced a new cargo aircraft to its fleet. In alliance with Qantas Domestic Air Freight, this fresh addition is a revamped Airbus A330-200P2F, initially set to function between Australia’s east and west coasts, ferrying StarTrack and Express […]
The International Air Transport Association (IATA) joins forces with the Smart Freight Centre (SFC) to sharpen the accuracy and transparency in measuring carbon emissions within air cargo services. In a strategic effort to enhance their CO2 Connect platform, IATA has forged a partnership with SFC, setting their sights on advancing the cargo edition of the […]
The Latest Shifts in Air Cargo: What You Need to Know In an industry as dynamic as air cargo, staying informed about the latest trends, challenges, and innovations is crucial for businesses and professionals who depend on it. Recent developments have outlined a landscape that is both challenging and ripe with opportunities for those ready […]
• – Shipping lines have been avoiding the Red Sea due to missile attacks, boosting air cargo volumes as businesses shift Asia exports by air to avoid sea freight delays. Preliminary data backed earlier reports of increased air freight as ocean shipping prices skyrocketed over 282% from China to Europe since December. Air cargo demand […]
• – Global air cargo tonnages saw 5% growth in December 2023 and Q4 2023 compared to the same periods in 2022 but were down 5% for the full year. Preliminary figures for week 52 (December 25-31) show a 25% drop in tonnages from the previous week and stable average rates. Regionally, declines of over […]