What is new in the air cargo and air freight industries? Global Trade has the answers – check out the industry news and trade articles.
Air Cargo accounts for a relatively small percentage of world trade when calculated by overall volume (approximately 10%). However, when the type or value of products being transported is taken into account (technology, business services, pharmaceuticals), its importance significantly increases. If something needs to be where it’s going quickly, especially when the destination is international, air cargo plays an essential role in that supply chain. High-speed delivery has become essential to our economy, as more companies opt to receive goods and bring them directly to market, thus avoiding costs associated with inventory, warehousing and logistics. Air cargo reduces the 30-day shipping time of ocean transport to less than 48 hours. When fruits, vegetables and flowers need to be sent from remote agricultural reasons to major cities around the world, companies rely on air cargo to deliver these products on time. That capability has also been a boon to economic development in the places where these perishable goods are produced.
Released world’s first trading platform to digitize transactions
Miami startup SkySpace Cargo released the world’s first air cargo trading platform to digitize booking transactions. The company is linked… Read More
On August 29, Ethiopian Airlines launched the first of two weekly freighter flights between the Ethiopian capital of Addis Ababa… Read More
Driven by nearly 350 million pounds of freight, up from 318 million the same time last year, American Airlines Cargo… Read More
Kuehne + Nagel has announced that it has successfully completed the acquisition of the perishables business of Panatlantic Logistics S.A.,… Read More
BluJay Solutions, a provider of supply chain software and services, announces the release of BluJay Global Trade Network version 18.2…. Read More
ATL Partners has announced that it has acquired a majority stake in Rock-It Cargo, a provider of mission-critical international freight… Read More
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