Spot rate at its lowest in more than three years 
According to the latest weekly market analysis from Clive Data Services, part of Xeneta, the global air cargo spot rate flattened to USD 2.19 per kg in August, its lowest level since the onset of the pandemic. Of ten major trade lanes, only China-USA and Southeast Asia-USA... more
The supply chain and Mother Nature 
More natural catastrophes take a higher toll. In the past it used to be mainly reinsurance companies that were concerned. Today, however, all of the players in the supply chain have to pay more attention to the effects of natural disasters. Low water levels are currently an... more
First Danish company to receive 24-hour e-trucks
Danfoss is introducing nine fully electric Volvo HGVs for its services in Denmark. The truck manufacturer has already delivered the first three units. With this new equipment, the haulier will be the first company in Denmark to have a 24-hour truck in operation. When fully... more
US air forwarders now halfway to Europe
The Washington-based air forwarders' association AFA has welcomed Icelandair Cargo to its 200-strong member base, as it focuses on extending its membership to include Europe-based companies with a US office. Icelandair Cargo joins the AFA as the carrier embarks on the... more
Tackling Rubgy World Cup logistics
The Rugby World Cup 2023 will take place from 8 September to 28 October 2023, in France. Geodis has been chosen as official freight carrier for the tournament. The Geodis group has assigned around 140 employees to the operational organisation of this event. In all, some 80... more
FedEx to open new facility in Istanbul
FedEx Express Europe, a subsidiary of FedEx Corp., has signed an agreement to build a new global air transit facility at IGA Istanbul Airport (IST) by November 2024, reflecting the rapid rise of IST as a strategic cargo hub connecting businesses across six continents. Its... more
Fesco's H1/2023 performance
Russia's Fesco Transportation Group recorded significant growth across various sectors in H1/2023. International cargo shipping rose by 30% to 199,000 teu compared to H1/2022. Intermodal transport saw a 25% increase, reaching 306,000 t teu, while coastal shipping surged by 17%,... more
Former Geneva Airport security chief found guilty
The Geneva Criminal Court has sentenced the former head of security at Geneva Airport to six months in prison, followed by a two-and-a-half-year probation period, for passive corruption. This man had favoured a company so that it could obtain mandates, in exchange of money. He... more
Sunrock’s solar power for Levi Strauss & Co
Sunrock, a developer of photovoltaic systems for large-scale roofs, has put a system for Levi Strauss & Co into operation. Starting in January 2022, the lighthouse project, called "Positive Footprint Wearhouse", was built according to the plans of Delta Development... more
Airbus/Latam to fund MIT study on decarbonisation
Airbus and Latam Airlines Group have funded a study at the Massachusetts Institute of Technology (MIT) Joint Programme on the science and policy of global change. The study, entitled "Options for Decarbonising Aviation in Latin America in a sustainable way: an... more