HEADLINE
‘Union Budget 2025 lays a formidable foundation for a resilient and dynamic logistics and MSME ecosystem’
Gregory Goba Ble, Head of UPS India and Director of MOVIN Express “As we reflect on the Union Budget 2025, I am encouraged by the government’s robust commitment to empowering our Micro, Small and Medium Enterprises (MSMEs), which are vital to India’s economic growth and global manufacturing ambitions. The…
Read MoreRates rebound in lead-up to Lunar New Year
Average global air cargo rates have edged back upwards in the final full week before Lunar New Year, with average full-market worldwide prices gaining +4% in week 4 (20 to 26 January) to US$2.52 per kilo, around +11% higher than this time last year, according to the latest figures…
Read MoreIATA releases 2025 edition of key industry manuals for cargo and ground handling operations; over 350 changes and revisions incorporated
The International Air Transport Association (IATA) has released the 2025 edition of key industry manuals for cargo and ground handling operations, which incorporate over 350 changes and revisions needed to align with evolving industry standards and state and operator variations. Highlights include: Dangerous Goods Regulations (DGR) * Ten additional…
Read MoreGuwahati airport cargo handling jumps 35 pc
Guwahati airport has seen a 35% year-on-year growth in domestic cargo and is planning to build an integrated terminal to support e-commerce and export of local products from the North-East region. Growth in cargo movement was led by Blue Dart which began its scheduled freighter operations on January 29…
Read MoreFreightos welcomes CMA CGM AIR CARGO to its platforms with key tradelanes capacity
Freightos Limited, a leading global freight booking and payment platform, has announced the addition of CMA CGM AIR CARGO, a division of CMA CGM Group, a global player in sea, land, air, and logistics solutions, to its WebCargo and 7LFreight cargo booking platforms. Through Freightos’s platforms, forwarders can now…
Read MoreBudget outlines measures to boost air cargo infrastructure
The Ministry of Civil Aviation has welcomed the significant announcements made in Budget 2025-26, reaffirming the government’s commitment to strengthening regional connectivity in the country and enhancing cargo infrastructure. The Finance Minister in her address underscored the government’s focus on upgrading air cargo infrastructure. India’s air cargo sector is…
Read MoreANA Holdings’ proposed takeover of Nippon Cargo Airlines approved by Japanese authorities
ANA Holdings has received approval for its planned takeover of Nippon Cargo Airlines (NCA) from Japan’s Fair Trade Commission (JFTC). JFTC had initially rejected the proposed takeover because of concerns that the deal would restrict competition on services from Japan to the Chicago area and the Los Angeles area….
Read MoreAir cargo attains new volume high in 2024 in a year of profitable growth
The International Air Transport Association (IATA) released data for full year 2024 and December 2024 global air cargo market performance showing: * Full-year demand for 2024, measured in cargo tonne-kilometres (CTK), increased 11.3% (12.2% for international operations) compared to 2023. Full-year 2024 demand exceeded the record volumes set in…
Read MoreAI Express starts daily direct flights between Mangaluru and Delhi
Air India Express has launched a daily direct flight service between Mangaluru International Airport (MIA) and Delhi International Airport. The inaugural flight, IX 1552, departed from Mangaluru at 6.40 am and landed in Delhi at 9.35 am on February 1. Simultaneously, IX 2768 took off from Delhi at 6.40…
Read MoreWorld Legal Symposium this year to examine the legal implications of evolving forces shaping aviation
The International Air Transport Association (IATA) announced that the 2025 edition of the World Legal Symposium (WLS) will examine the legal implications of evolving forces shaping aviation, many of which were not envisioned in the Convention on International Civil Aviation (Chicago Convention) signed in 1944. These include the use…
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