US, China airfreight rates rise as passenger flights resume
The global airfreight market continues to see compounding pressures impacting route availability, capacity and ultimately rates. Summer schedules and a...
News
WFS adds perishable warehouse space at LHR
Worldwide Flight Services (WFS) added a 27,000 square-foot facility to its cargo footprint at London Heathrow (LHR) following a 30%...
Aeronet expands to a 40% larger Chicago facility
Logistics services company Aeronet Worldwide is upgrading to a more expansive facility near Chicago to allow more space for operations...
Heathrow extends capacity curb until end of October
London Heathrow airport extended a capacity cap through the end of the summer season as the UK’s biggest hub contends...
Regional Pulse: Ireland volumes driven by health care, high-tech shipments
Health care and high-tech shipments are driving cargo volume to and from Ireland, according to cargo stakeholders with operations in...
Lufthansa grows Asia, North America capacity with new 777F, A321F
Lufthansa Cargo is significantly expanding its 2022-2023 winter flight schedule to Asia and North America with added frequencies and new...
DB Schenker adds charter capacity to recovering Latin American market
German logistics solutions provider DB Schenker this week launched its first-ever charter connecting Europe and South America, adding capacity to...
Consultant Insight: Signs point to a slowdown in the express market
A slowdown in the global air freight market appears to be underway. Global volumes declined 9% in July compared with...
Asian forwarders see profits dip in Q2
Japan-based logistics company Nippon Express Holdings saw a drop in operating profit in the second quarter, driven in part by...
WFS expands Cainiao LGG operations with Air China partnership
WFS and Air China have entered a three-year partnership for cargo and ramp handling at Liege Airport (LGG). WFS expects...
CLIVE: Rates continue steady drop with slowing demand and rising capacity
The airfreight industry entered Q3 with a 9% year-over-year decline in volumes globally, but with hope of lower airfreight rates...
UPS acquires health care logistics group Bomi
UPS will acquire health care logistics company Bomi Group, adding cool-chain warehouses in 14 countries to its arsenal and expanding...
Agility acquires Menzies Aviation for $921.7M
Supply chain services, infrastructure and innovation company Agility on Aug. 4 completed its acquisition of Menzies Aviation, the ground handling...
Mich. airport taps into Amazon potential, local growth
Capital Region International Airport (LAN) in Lansing, Mich., is increasing its cargo ramp space by 63%, an additional 400 square...
