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...
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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...
Conversion orders dominate Q2 FATs
Conversion orders were the most numerous type of Freighter Aircraft Transaction (FAT) that Cargo Facts recorded from April through June...
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...
Xtreme Holdings acquires first 767
Florida-based Xtreme Holdings will top up its asset holdings and enter the widebody segment by adding to its inventory a...
ASL takes X-air MRO fully in house
Ireland-based ASL Aviation Holdings has reached an agreement with France-based Sabena Technics to increase its stake and fully acquire Belgium-based...
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