Senators ask Biden for US ban of Russian overflights
image: Canstock The head of an air cargo industry trade group has expressed his support for a proposal from two...
12 EU countries unready for new import control rollout
Twelve European Union countries found themselves unprepared for the rollout of a new import control system that launched this month. ...
IATA: Soft start to 2023 for air cargo industry
Air cargo had a soft start to 2023, as January markets showed declining demand. Industry cargo tonne-kilometers (CTKs) fell 14.9%...
Global air capacity surpasses pre-pandemic levels
Global air cargo capacity rose above pre-pandemic levels in February for the first time in four years. Capacity increased 11%...
Phase 2 of EU customs security program launches
The second phase of the European Union’s Import Control System 2 program, which requires air carriers and freight forwarders to...
Cainiao reports revenue growth of 27% YoY
Cainiao's third-quarter revenue increased 27% from 2021, according to the earnings report from February 24. Alibaba’s logistics arm brought in...
Expeditors reports revenue drop of 36%
Fourth-quarter revenue decreased 36% from 2021, logistics firm Expeditors International said in its latest earnings report. The Seattle-based company, with...
Jet fuel rates drop globally MoM
Jet fuel prices ended last week at $2.55 per gallon, down 25.5% from Jan. 17. That price included a 10.1%...
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