At the end of a hot summer for air cargo 
Global average air cargo spot rates of 2.68 USD/kg in August were boosted by the continuing imbalance between supply and demand. According to Xeneta’s latest weekly analysis, last month's global cargo supply increased at its slowest ratio in 2024 to-date at 2% year-on-year,... more
Air cargo demand still climbing
The International Air Transport Association (Iata) has released data for global air cargo markets in July 2024 showing continuing strong annual rise in demand. Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 13.6% compared to July 2023 levels (14.3% for... more
More responsibilities for Michael Jerogin
Dematic has appointed Michael Jerogin as head for the emea region with immediate effect. He is already executive vice president and managing director for the apac region. Jerogin joined Dematic as managing director of customer service in 2009. He was actively involved in the... more
Kerins comes to Magma
Magma Aviation has appointed Peter Kerins as CEO. He brings over 30 years of aviation and logistics experience to his new role, having begun his career in freight forwarding sales in 1991. Kerins has since worked at major industry players such as Virgin Atlantic, DHL Aviation UK... more
In time before the holidays 
Europa delivers exam papers to Malawi. A consignment that was time-critical in more ways than one had to be shipped from Abu Dhabi (UAE) to Lilongwe, the capital of Malawi, recently. The Dubai branch of ‘Europa Air & Sea’, founded two years ago, completed the task on time. more
Maersk's Middle Eastern maximum
Maersk recently inaugurated its largest logistics park in the Middle East at its site at Jeddah Islamic Port. The hub provides multimodal connections to sea, land and air. In a ceremony attended by representatives from the General Ports Authority of Saudi Arabia as well as... more
AD Ports Group advances smart port digitalisation
AD Ports Group's new white paper, "Digitalisation for Enhanced Efficiency: Leveraging Data for Smart Ports," explores how emerging technologies like IoT, AI, and blockchain are transforming traditional port operations into smart ports. The text provides an analysis... more
Qatar Airways Cargo partners with Cargoflash
Qatar Airways Cargo has selected Octoloop by Cargo Flash as its digital cargo booking platform via its wallet services from India, starting with Delhi and Mumbai. With an emphasis on seamless digital cargo bookings, Octoloop offers an array of features tailored to meet the... more
Japanese typhoon and European holidays
Air cargo tonnages in week 33 dipped sharply, compared with the previous week, dropping especially steeply in traffic from Asia Pacific (-9%) and Europe (-11%). Further analysis, based on the over 450,000 weekly transactions covered by World ACD’s data, reveals that most of... more
Linking the Middle East with China
Jayud Global Logistics, headquartered in Shenzhen (China), has entered into a partnership with iMile, a provider of logistics and last mile delivery services based in Dubai (UAE). The venture will see Jayud running iMile’s logistics operations within China, from warehousing to... more