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.
With the ongoing threat of COVID-19, airlines have seen a precipitous drop in passenger travel and are focused on the… Read More
With natural disaster season at its peak, Air Partner—a private aviation concern with a special focus on disaster recovery and… Read More
Construction of Budapest Airport’s new dedicated freight center, Cargo City, part of the $190 million BUD:2020 Development Program at the… Read More
UPS’s transformation program, its CEO explained at a recent conference in New York, leverages scale and institutionalizes processes to ensure… Read More
Delta Cargo has launched self-service iPad kiosks in Atlanta and Boston, and is testing in other hubs, requiring electronic air… Read More
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
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