US sanctions 3 Belarusian cargo carriers
The United States has sanctioned three Belarusian cargo carriers for allegedly transporting equipment and weapons that support Russia’s invasion of ...
Tag: economy
Consultant’s Insight: Globalization evolves as nationalism grows
A growing sense of nationalism worldwide is altering the perception of globalization, panelists said at the Journal of Commerce TPM conference ...
FedEx to consolidate companies, pilots frustrated over contracts
FedEx announced today it will consolidate most of its existing operating companies to operate an integrated air-ground network under the ...
Air cargo market continues to normalize
The air freight market appears to be continuing its return to “normal” — in both demand and rates. There has ...
Forwarding plays part in record Deutsche Post results
DHL Global Forwarding, Freight, made a significant contribution to a record performance by Deutsche Post DHL Group in 2022 in ...
Lufthansa Cargo posts record revenue for third year
Lufthansa Cargo saw record revenue for the third year in a row in 2022, despite December global trade demand being ...
Airfreight rates continue downward trend
Airfreight rates continue to normalize toward pre-pandemic levels amid softening demand and returning capacity in the supply chain. It is ...
FedEx to Cut Management Jobs by More Than 10%, CEO Says
FedEx Corp. is cutting global officer and director jobs by more than 10%, the courier’s latest cost-saving measure as economic ...
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