Gebrüder Weiss Reports Resilient Performance in 2023, Surpassing Growth Trends Amid Market Challenges

March 14, 2024
The international transport and logistics company Gebrüder Weiss ended its 2023 fiscal year with a net revenue of 2.47 billion euros (2022: 3 billion euros). Despite this decline, the company remains above its growth...

Resilient Lufthansa Cargo Posts Impressive Results, Adapts to Market Shifts After Pandemic

March 14, 2024
After the airfreight market recorded high freight rates in the years from 2020 until 2022 due to low capacities as a result of the corona pandemic, these normalized last year as expected.

HLT Secures Major Contract with dnata for Cargo Digitalization at Amsterdam Airport

March 14, 2024
 Hermes Logistics Technologies (HLT) has been awarded the contract by air services provider dnata to digitalise cargo handling processes in a new warehouse the latter is creating, Freight Building 17 (FB17).

Kuehne+Nagel Expands JFK International Airport Facility with Temperature-Controlled Space

March 13, 2024
Swiss-headquartered Kuehne+Nagel has expanded its John F. Kennedy International airport (JFK) facility in New York. The forwarder has added a 4,500 sq ft stand-alone, GxP-compliant, temperature-controlled area, and has also extended its existing 78,763sq...

Maastricht Aachen Airport Attains Top Sustainability Recognition with Carbon Accreditation Level 3 Upgrade

March 13, 2024
 Maastricht Aachen Airport (MST) has been awarded Airport Carbon Accreditation Level 3 (ACA L3), meaning the airport is now designated as an Upgrade to Level 3 – Optimisation in recognition of its carbon reduction activities.

Swissport and Vietjet Air Unveil Strategic Pact to Transform Global Air Cargo Services

March 13, 2024
Swissport has struck a deal with Vietjet to support and advise the Vietnamese low-cost airline in developing air cargo handling services and managing air cargo centres to the highest international standards.

TSA Eases Compliance for Airfreight Intermediaries, Allows Triennial Renewal

March 12, 2024
The Transportation Security Administration is easing the compliance burden on airfreight intermediaries by allowing the logistics businesses to submit applications renewing security credentials once every three years instead of annually, according to a recent...

February Marks Second Consecutive Month of Double-Digit Growth in Global Air Cargo Demand

March 12, 2024
The global air cargo market’s surprisingly positive start to 2024 continued in February with a second consecutive month of double-digit growth in demand and an uptick in general freight spot rates, according to Xeneta’s...

DHL Group’s Q4 Airfreight Revenue Drops 32.5%, Reflecting Market Challenges

March 12, 2024
DHL Group’s airfreight volumes in the fourth quarter of 2023 continued to suffer from reduced air cargo demand, but the quarter was a marked improvement on earlier in the year. Fourth quarter airfreight volumes were...

DHL Express Partners with Medion to Reduce Carbon Footprint Using GoGreen Plus Emissions Monitoring Service

March 11, 2024
DHL Express has signed an agreement with German consumer electronics business Medion to use the carrier’s GoGreen Plus emissions monitoring service. It will allow the company – a subsidiary of technology firm Lenovo – to...