Saturday, September 14, 2024
Financial news

Category: Financial news

Focusing on in-depth stories and exploring the latest news, Air Cargo Week sits down with the individuals and companies making waves.

Kerry Logistics Network secures strong results despite intensified geopolitical turmoil

Kerry Logistics Network Limited has announced the Group’s interim results for the six months ended 30 June 2024. Revenue grew

Airfreight rates maintain solid pattern

Global airfreight rates were little changed last week according to the latest data from TAC Index, the leading price reporting

Rates hold firm while tonnages weaken slightly

Average worldwide air cargo tonnages slipped -1 percent in the first full week of August, compared with the previous week,

Airfreight market remains unusually firm

Global airfreight rates were firmer again last week according to the latest data from TAC Index, the leading price reporting

Strong demand from e-commerce drives growth

Average worldwide air cargo rates and tonnages in July were up by +12 percent, year on year (YoY), driven by

Summertime blues for UK exporters

The latest Office for National Statistics (ONS) Business Insights report reveals a summer wobble for UK exporters. 24% of UK

Firm tone remains as airfreight rates ease

Global airfreight rates eased lower last week according to the latest data from TAC Index, the leading price reporting agency

Asia-Pacific aviation poised for major growth by 2028

The aviation business is projected to experience a global increase over the next four years. As Martynas Grigas, CEO of

Air cargo shows robust growth

The International Air Transport Association (IATA) has released data showing a remarkable surge in global air cargo demand for June

Portside acquires Takeflite

Portside has acquired Takeflite. This strategic addition strengthens Portside’s comprehensive suite of aviation software solutions. Takeflite offers a full set

Airfreight rates ease

Global airfreight rates eased a little lower last week according the latest data from TAC Index, the leading price reporting

Business and Trade Secretary gives lift-off to over £100 million for greener air travel

Business and Trade Secretary Jonathan Reynolds has today (22 July) announced over £100 million of government-industry funding for cutting-edge aerospace

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