News
GSSA giant World Freight Company sold for $1. 2bn
2+ hour, 36+ min ago (649+ words) GSSA giant World Freight Company (WFC), which owns some of the biggest names in the industry, has been sold in a deal worth a reported $1. 2bn. PAI Partners (PAI) and BPEA Private Equity Fund VI (EQT) yesterday announced that the company…...
Slow widebody freighter manufacturing supply chains hamper capacity
2+ mon, 4+ day ago (851+ words) Widebody freighter capacity constraints remain a concern in 2026 as airlines wait for new generation freighters to arrive and freighter conversion plans are hampered by passenger feedstock scarcity. Answering a question on whether widebody freighter shortages, highlighted as a potential barrier…...
Volatility in trade lane rates after tough week
2+ mon, 4+ day ago (681+ words) Today (March 10), TAC Index released its latest update on the fast-changing world of air cargo, a world that is spinning ever faster as the conflict in the Middle East affects supply chains and airfreight operations particularly through the region. TAC…...
LGG Connect adds 13th member
2+ mon, 1+ week ago (338+ words) Air cargo community association LGG Connect has welcomed ACL Airshop as an associate member. LGG Connect said that the global ULD leasing and management company had in fact become its 13th member. Speaking about its latest member in a Linked In…...
Aerios adds rate visibility through Cargo Ai
2+ mon, 3+ week ago (419+ words) Air cargo platform Aerios has teamed up with booking portal provider Cargo Ai to integrate real-time rate and capacity data into its charter quoting tool. The partnership between the two companies, both members of the Cargo Tech group, will see…...
Cargojet sees revenues and earnings fall in Q4
2+ mon, 2+ week ago (628+ words) Canadian freighter firm Cargojet saw its revenues and profits decline in the fourth quarter of the year as a result of lower transpacific demand. During the fourth quarter, the company saw revenues fall 2. 9% year on year to C$284. 7m, while earnings…...
Maersk to cut 15% of corporate jobs as tariffs hit 2025 airfreight volumes
3+ mon, 1+ week ago (794+ words) Maersk has decided to axe around 15% of its corporate jobs as part of efforts to cut costs, while it confirmed its 2025 airfreight volumes were affected by tariff measures. The Danish shipping and logistics company did not specify whether any of…...
CMA CGM Suez Canal reversal could undermine shipper confidence in box lines
3+ mon, 3+ week ago (626+ words) Carrier's U-turn on FAL and MEX services returning to Cape route could erode shipper confidence in schedule reliability, Xeneta analyst warns Container shipping line CMA CGM's decision to reverse plans to return three of its scheduled services to the Suez…...
Fed Ex Freight unveils ten-member board ahead of June spin-off
3+ mon, 3+ week ago (692+ words) Fed Ex Freight has revealed its ten-member board ahead of the 1 June spin-off, with R. Brad Martin as chairman Fed Ex has announced the ten-member board of directors for Fed Ex Freight, ahead of its planned spin-off from Fed Ex Corp....
Sponsored: TAP Secure Track - Your cargo in safe hands
3+ mon, 2+ week ago (544+ words) Source: TAP Air Cargo TAP Air Cargo has taken another step in the modernisation of freight transportation by introducing a new add-on to its portfolio for premium cargo tracking. This solution allows customers to monitor their shipments in real time…...