UPS forecasts upbeat 2026 revenue
United Parcel Service (UPS) has projected 2026 revenue to be $89.7 billion, compared to the $88.7 billion it reported last year. Analysts on average had expected revenue of $87.94 billion, according to data compiled by LSEG. It forecasts an adjusted operating margin of 9.6% for 2026. UPS reported fourth-quarter…
Read MoreTIACA opens applications for the 2026 Air Cargo Sustainability Awards
The International Air Cargo Association (TIACA) is pleased to announce applications for the 2026 TIACA Air Cargo Sustainability Awards are now officially open. CHAMP Cargosystems continues its support of the Air Cargo Sustainability Awards as the official sponsor. The awards in their 8th year recognize outstanding initiatives that advance…
Read MoreTIACA calls for nominations for 2026 Hall of Fame Award
The International Air Cargo Association (TIACA) has announced the official call for nominations for the 2026 TIACA Hall of Fame Award, inviting the global air cargo and logistics community to put forward outstanding individuals whose careers have left a lasting and positive impact on the industry. The TIACA Hall…
Read MoreSingapore’s Changi Airport saw cargo volumes improve last year
Singapore’s Changi Airport saw cargo volumes improve last year on the back of front-loading and the return of freighter services. The Asian airport, a major transhipment hub, saw air cargo demand in 2025 increase by 4.5% year-on-year to 2.1 m tonnes. The airport said that the year was one…
Read MoreSaudi Arabia’s Riyadh Air launches cargo ops
Riyadh Air, owned by Saudi Arabia’s PIF sovereign wealth fund, has launched Riyadh Cargo operations, as the Kingdom seeks to advance its plan to diversify its economy, reduce its dependence on oil revenue, and become a global logistics hub. Saudi Arabia, the world’s leading oil exporter, is more than…
Read MoreIATA WLS in February to address liability challenges in global aviation
The International Air Transport Association (IATA) will hold the 2026 edition of the World Legal Symposium (WLS) from 17-19 February in Warsaw, Poland, hosted by LOT Polish Airlines, under the theme ‘’Liability in a Changing World’’. Airlines face a variety of enduring and new categories of liability, including their classic insured…
Read MoreHactl champions aviation safety at its forklift and pallet building competition
Teams from 10 international airlines have taken part in the fifteenth Hactl International Forklift and Pallet Building Competition, held at Hactl’s SuperTerminal 1 in Hong Kong. Now a fixture on the calendar, the forklift driving element of the event tested the ability of contestants to manoeuvre forklift trucks precisely…
Read MoreGJEPC inks pact with FedEx to boost gems & jewellery exports
Express transportation firm FedEx has inked an initial pact with the Gems and Jewellery Export Promotion Council of India (GJEPC) for door-to-door international shipping solutions. Under the Memorandum of Understanding (MoU) signed between the two partners, FedEx will offer Council members its international shipping solutions designed for the specific…
Read MoreFreight forwarders caution shippers on Lunar New Year capacity shortage
Freight forwarders have advised shippers to secure air cargo capacity in advance of Lunar New Year celebrations to avoid delays resulting from production closures and limited capacity in Asia. Scan Global Logistics (SGL) advises shippers to book airfreight capacity at least 4-7 days before their planned shipping dates. Lunar New Year…
Read MoreEnvirotainer partners with Mercy Ships to support lifesaving healthcare delivery
Envirotainer, the global leader in secure cold chain solutions for temperature-sensitive pharmaceuticals, has announced a new partnership with Mercy Ships, the world’s largest non-governmental hospital fleet. The partnership will support Mercy Ships’ mission of delivering free, lifesaving healthcare to underserved communities, where access to safe, affordable surgery is severely…
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