Capacity reductions, Russian airspace closure to drive up airfreight rates
Severe capacity reductions are likely to trigger a spike in airfreight rates on routes to and from Asia due to...
News
DHL completes Austria 757 transfer
DHL Express has transferred the last of a tranche of eighteen 757-200Fs from its DHL Air UK subsidiary to its...
Swissport grows warehouse, handling capacity in Belgium with BAS acquisition
Zurich-based ground services company Swissport acquired air cargo service provider Belgium Airport Services (BAS) effective March 1, increasing its operational...
Teleport, ExFreight expand digital booking capabilities
The rise in digital booking capabilities continues as Teleport, the logistics venture of Malaysia-based Capital A, and Florida-based freight forwarder...
Express Air Cargo to double fleet with 737-800Fs
Tunisia-based Express Air Cargo is entering the 737NG market and could double its fleet by yearend with the addition of...
Castle Aviation adds fourth Saab 340BF
Ohio-based Castle Aviation has taken delivery of its fourth Saab 340B freighter as part of a multi-aircraft deal from Jetstream...
Kuehne+Nagel’s 2021 earnings boosted by health care, e-commerce
Switzerland-based freight forwarder Kuehne+Nagel saw 2021 gross-profit revenues for airfreight increase 92% year over year to CHF2.5 billion (US$2.7 billion)....
After stable cargo performance in February, market braces for Ukraine impact
Just as the global air cargo market drew nearer to pre-pandemic volumes, capacity and load factors early in 2022, Russia’s...
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