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Logistics News

Monday August 08, 2022 18:32

Cherry season flies lower than years prior

Summer brings warmer weather, longer days and, typically, an abundance of ripe, red cherries to the Pacific Northwest. While this ...

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Monday August 08, 2022 18:28

Lufthansa, labor union reach pay agreement for ground workers

The United Services Union (ver.di) and Lufthansa settled on a bargaining agreement Aug. 4 for roughly 20,000 ground service workers following ...

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Monday August 08, 2022 13:25

Tech takes off: Inside the digital adoption surge

The need to streamline operations in the airfreight industry was revealed by the COVID-19 pandemic, which sparked accelerated digitalization as ...

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Friday August 05, 2022 18:29

GTA Group addresses perishable demand at YVR

Toronto-based aviation services provider GTA Group this week opened its new warehouse at Vancouver International Airport (YVR), providing warehouse and ...

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Friday August 05, 2022 16:21

Lufthansa Cargo’s Q2 revenue jumps 45% YoY

Lufthansa Cargo proved to be among the carrier’s most profitable divisions in Q2, posting an operating profit of 482 million ...

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Friday August 05, 2022 11:58

Overheard at ACTS 2022: Stakeholders speak out on the latest tech initiatives

Standardized sustainability, community collaboration and data transparency were among the themes dominating conversations and panels at the recent Air Cargo ...

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Thursday August 04, 2022 18:36

IATA: Airfreight volumes and capacity increase MoM in June

While industrywide cargo traffic in cargo tonne kilometers (CTKs) decreased 6.4% year over year in June, it showed a slight 0.7% month-over-month ...

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Thursday August 04, 2022 18:00

Jet fuel rates fall in July

Jet fuel rates dropped in July for the first time this year, albeit remaining historically high, to an average of $3.47 ...

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Thursday August 04, 2022 12:26

Apollo investor group buys Atlas Air Worldwide for $2.9B

Following unanimous approval from its Board, Atlas Air Worldwide (AAWW) sold today at an enterprise value of $5.2 billion to an ...

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Thursday August 04, 2022 10:26

Apollo-led group to buy Atlas Air for $2.9B

An investor group led by Apollo Global Management Inc. is acquiring Atlas Air Worldwide Holdings Inc. for about $2.9 billion, expanding ...

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