HEADLINE
Freightos® introduces index linking for freight contracts
Freightos, the world’s leading digital freight booking and payment platform, has announced the launch of the Freightos Index Linking Toolkit in its Freightos Terminal market intelligence solution. This innovative toolkit enables dynamic contract pricing that automatically adjusts to market fluctuations, providing a seamless and resilient approach to freight rate…
Read MoreEmirates SkyCargo and Astral Aviation partner to boost Africa’s global trade
Emirates SkyCargo, the cargo arm of the world’s largest international airline, has signed a Memorandum of Understanding (MoU) with Astral Aviation, one of the leading cargo airlines in Africa, to explore ways to boost global trade to and from the continent. Astral Aviation operates an extensive intra-Africa network of…
Read MoreTrade war over tariffs looms over air cargo as 2025 begins slower
2025 began with lower-than-expected growth in global air cargo demand in January of just +2% year-on-year compared to the double-digit monthly increases throughout last year but fears of a trade war over tariffs impacting volumes and growth forecasts for the year are premature, say industry analysts Xeneta. January’s data…
Read MorePharma exports seen growing 10 times to $350 bn by 2047
India’s pharmaceutical industry exports are projected to reach $350 billion by 2047 — an estimated 10-15 times increase from the current levels, according to a new report by Bain & Company in collaboration with Indian pharmaceutical bodies. India currently ranks 11th in pharmaceutical export value and can secure a…
Read MoreLufthansa Cargo offers customers a simplified booking process in a pilot environment
In order to make the booking process on the Lufthansa Cargo website easier and more efficient in the future, the company has introduced FastTrack: in a new pilot environment within the booking page, freight customers can currently test a significantly shortened booking process and simultaneously make real bookings. With…
Read MoreJewar airport to begin flights to Dubai, Zurich, Singapore in April
The upcoming airport at Jewar, scheduled to begin operations in mid-April 2025, is on the verge of finalising international flights to Singapore, Dubai and Zurich. NIAL (Noida International Airport Limited) will start operations on April 17 with flights to over 30 destinations, including 25 domestic flights, three international flights, and…
Read MoreGlobal tonnage increase in January much lower than last year
Worldwide air cargo recorded a +2% year-on-year (YoY) tonnage increase in January, well below the +11% average growth last year, facing tougher comparison figures, moderating e-commerce volumes, and an earlier-than-last-year slowdown ahead of Lunar New Year (LNY) holidays in East Asia. According to the latest weekly figures and analysis…
Read MoreDholera Airport intends to commence air cargo ops in July 2025
Dholera International Airport Company Limited (DIACL) intends to commence international air cargo operations in the initial phase from June/July 2025. Upcoming Dholera airport is located at around two hours’ distance from the city of Ahmedabad. The works for the construction of a greenfield expressway to Dholera airport and Dholera…
Read MoreAir India’s Kochi-London flight expected to restart
Air India’s Kochi-London flight, the lone direct service to Europe, is likely to restart operations in a few months, said the Cochin International Airport Ltd, whose officials held a discussion with the airline company over its decision to discontinue the service. CIAL Managing Director Mr S. Suhas met the…
Read MoreWorldwide Flight Services completes acquisition of part of Menzies Aviation’s cargo handling operations at Amsterdam’s Schiphol Airport
Worldwide Flight Services Holland B.V. (WFS), a SATS company, has completed its acquisition of Menzies World Cargo (Amsterdam) B.V., part of Menzies Aviation’s General Cargo Handling Operations at Amsterdam’s Schiphol Airport (AMS), the main international airport in the Netherlands. The purchase, signed in August 2024, closed on January 31,…
Read More© 2020 ACE. All Rights Reserved