While global air cargo volumes grew four per cent year on year (YoY) in April, global air cargo spot rates rose just three per cent YoY, a second consecutive month of only a single-digit increase, according to Xeneta.
DSV has completed its Schenker takeover from Deutsche Bahn for DKK106.7 billion, doubling DSV's size.
Qatar Airways Cargo has been named launch customer for the Mammoth Freighters converted B777-200LRMF and has finalised an agreement for five of them with Jetran, a Texas-based lease firm.
Mammoth also has announced the first test flight of the B777-200LRMF prototype freighter.
Preliminary air cargo figures for April indicate worldwide tonnages rose by six per cent year on year (YoY), driven by a 10 per cent YoY increase from Asia Pacific origins, as US importers adjust to big changes in China-US trade rules.
France's CMA CGM Group has completed the acquisition of Air Belgium and its fleet of four freighters, (two A330-243Fs and two B747-8Fs).
The International Air Transport Association (IATA) says March 2025 global air cargo markets showed:
• Total demand, measured in cargo tonne-kilometres (CTK), increased by 4.4 per cent compared to March 2024 levels (+5.5 per cent for international operations), a historic peak for the month.
Saudia Cargo and China Henan Aviation (CHAGC) have signed a Memorandum of Understanding (MoU) covering an air logistics bridge between Asia-Pacific, the Middle East, Europe and Africa, leveraging Zhengzhou and Riyadh as key interconnected hubs.
The British International Freight Association (BIFA) has launched a cargo community advisory body, which will undertake a lot of the activity previously covered by the CCSUK User Group and with an early focus on the impact of planned redevelopments at London Heathrow.
DHL has lifted the suspension it imposed on deliveries to the US worth more than US$800 after negotiating "adjustments" to Customs rules.
While global air cargo volumes grew four per cent year on year (YoY) in April, global air cargo spot rates rose just three per cent YoY, a second consecutive month of only a single-digit increase, according to Xeneta.
DSV has completed its Schenker takeover from Deutsche Bahn for DKK106.7 billion, doubling DSV's size.
Qatar Airways Cargo has been named launch customer for the Mammoth Freighters converted B777-200LRMF and has finalised an agreement for five of them with Jetran, a Texas-based lease firm.
Mammoth also has announced the first test flight of the B777-200LRMF prototype freighter.
Preliminary air cargo figures for April indicate worldwide tonnages rose by six per cent year on year (YoY), driven by a 10 per cent YoY increase from Asia Pacific origins, as US importers adjust to big changes in China-US trade rules.
France's CMA CGM Group has completed the acquisition of Air Belgium and its fleet of four freighters, (two A330-243Fs and two B747-8Fs).
The International Air Transport Association (IATA) says March 2025 global air cargo markets showed:
• Total demand, measured in cargo tonne-kilometres (CTK), increased by 4.4 per cent compared to March 2024 levels (+5.5 per cent for international operations), a historic peak for the month.
Saudia Cargo and China Henan Aviation (CHAGC) have signed a Memorandum of Understanding (MoU) covering an air logistics bridge between Asia-Pacific, the Middle East, Europe and Africa, leveraging Zhengzhou and Riyadh as key interconnected hubs.
The British International Freight Association (BIFA) has launched a cargo community advisory body, which will undertake a lot of the activity previously covered by the CCSUK User Group and with an early focus on the impact of planned redevelopments at London Heathrow.
DHL has lifted the suspension it imposed on deliveries to the US worth more than US$800 after negotiating "adjustments" to Customs rules.
