Alex Lennane

Europe's first all-electric cargo airline says it has overcome its biggest hurdle after securing aircraft financing, paving the way for a planned launch in the third quarter of next year.

The world's two largest freight forwarders appear to be pursuing increasingly different paths to growth.

The US today replaced its temporary Section 122 import surcharge with a new Section 301 tariff regime, targeting imports from 60 economies.

Air cargo carriers are facing an increasingly challenging market, with spot rates beginning to cool, but amid surging fuel prices, geopolitical disruption, and selective capacity deployment.

Project44 believes AI is beginning to undermine CargoWise's dominance of freight forwarding software, a trend it says has prompted it to create a separate business, dedicated to logistics service providers.

It may not have appeared at the top of CMA CGM's Q2 release, but beneath a set of “strong” group results, Ceva Logistics' profitability remains one of the conglomerate's biggest challenges.

Just days after Kuehne+Nagel told investors artificial intelligence could generate Sfr100m-150m ($123m-$184m) in annual productivity gains by the

Air freight rates are continuing to edge lower, despite renewed conflict in the Middle East, leaving the market caught between weakening demand on some trades, rising fuel costs, and a stream of carrier network changes.

AI appears poised to transform freight forwarding. And the industry's biggest players are finally starting to put numbers on it.

For more than twenty years, the transport management system has been at the heart of freight forwarding.