HEADLINE
Retailers seen veering towards air freight to compete
Retailers and their suppliers are looking to rationalise traditional supply chain routes from factories to localised warehouses, and in many cases they are mixing air and sea freight solutions. Marcus Ng, regional head of air freight, Asia Pacific, at AP Møller–Maersk, notes that the sea-air option – where some…
Read MoreICAO establishes global platform to secure financing for aviation sustainability projects
The International Civil Aviation Organization (ICAO) is pursuing its work toward the establishment of a global platform that will directly connect aviation sustainability projects with investors worldwide. Support for its creation was formalized today through a Letter of Intent signed at ICAO’s Global Implementation Support Symposium by ICAO Secretary General Juan…
Read MoreHactl wins twice at International Awards for Excellence in Air Cargo
Hong Kong Air Cargo Terminals Limited (Hactl) – Hong Kong’s largest independent cargo handler – won two awards at the 2025 International Awards for Excellence in Air Cargo, presented at a gala award ceremony in Nairobi, Kenya. Launched by The STAT Trade Times, the International Awards for Excellence in…
Read MoreGMR Hyderabad International Airport launches new flight services from Hyderabad to Medinah with Indigo
GMR Hyderabad International Airport Ltd. (GHIAL) last week announced the launch of new flight services from Hyderabad to Medinah with Indigo Airlines. The inaugural flight took off amid much excitement and fanfare, in the presence of senior officials from GHIAL. The new service will operate three times a week…
Read MoreFreightos® 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…
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