GLOBAL air cargo rates in the second quarter remained well above 2019 levels despite capacity steadily increasing to pre-pandemic levels and a sharp drop in demand across most major trade lanes, re...

HONG Kong's Cathay Pacific carried 115,729 tonnes of cargo last month, an increase of 14.9 per cent compared with July last year.The month's cargo revenue tonne kilometres (RFTKs) increased...

SAUDIA Cargo signed a new partnership that holds the potential to expand the airline's European network and enhance its services, reports Singapore's Payload Asia.Saudia Cargo entered into ...

BOTH Kuehne+Nagel (K+N) and DSV, prominent air freight forwarders, experienced a downturn in cargo volumes, revenues and profits during the second quarter, reports London's Air Cargo News.K+N, ...

GERMAN air forwarding giant DHL posted a 32.6 per cent first half year-on-year net profit decline to EUR1.88 billion (US$2.05 billion) drawn on revenues of EUR41 billion, down 12 per cent."The...

JAPAN's NYK Line has announced that its 49,035-ton wood chip carrier Daio Astral uses biofuel to reduce CO2 emissions and had transported cargo using biodiesel fuel to Vietnam.This was the firs...