CFOs Take Center Stage at Global Fashion Summit
air cargo
‘Something Has to Give’: DHL CEO Sounds Alarm on Daily Oil Shortfall as Fuel Costs Climb
Tobias Meyer said hte logistics giant is in a good position to ride out the uncertainty.
Air Cargo Demand Slid Nearly 5% in Iran War’s First Month
IATA data showed Gulf carriers were hit hardest with a 54 percent demand drop, as jet fuel spikes and…
EU Weighs Fuel Sharing as Jet Fuel Shortage Risk Builds
DHL CEO Tobias Meyer says the logistics giant can secure jet fuel for its planes in Europe through June, but…
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European Airports Risk Jet Fuel Shortage by May Due to Hormuz Crisis
Airports warned the E.U.'s transport commissioner of a "systemic" supply crunch within three weeks as Hormuz…
FedEx, Pilots Near Deal With 40% Pay Raise After Five Years of Talks
The ALPA agreement came hours after the logistics giant's trucking unit outlined margin expansion and network…
As Air Cargo Rates Climb Further, Vietnamese Carriers Feel the Strain
Air cargo capacity has dropped 6 percent from last year, with Vietnam's airlines set to cut flights in Q2 due…
Iran War’s Capacity Constraints Disrupt Majority of Air Freight Forwarders
While major Middle Eastern airlines are seeing recovery from the war's initial disruption, Qatar Airways has…
Air Cargo Rates Jump 10% as Iran War Strains Capacity, Fuel Costs
Jet fuel prices have nearly doubled from pre-war totals, prompting United Airlines to trim roughly 5 percent…
Three Ships Hit Near Strait of Hormuz as Iran War Disrupts Global Apparel Logistics
Attacks on vessels including the ONE Majesty add pressure to already strained supply chains as south Asian…
Hormuz Shipping Slowdown Spurs Port Congestion From India to Singapore
Iran's threats keep carriers away even as the U.S. unveils a $20 billion maritime reinsurance plan, with the…
DHL Says Its Middle East Network Can Withstand Shipping, Airspace Chaos
CEO Tobias Meyer says the company can reroute cargo by road and alternative airports as the U.S.-Iran war…
Attack on Container Ship in Strait of Hormuz Triggers Wider Gulf Shipping Disruptions
More ocean carriers are halting Gulf bookings and diverting cargo as the Malta-flagged Safeen Prestige caught…
Air Freight Shockwave: US-Iran War Grounds Flights Across Middle East
Global air freight capacity plunged 18 percent as an array of global carriers suspend flights, reroute…
Blizzard Shuts Down Port of NY/NJ
Historic snowfall halts container terminals, disrupts air cargo and suspends parcel service across key East…
Air Cargo Demand Up 3.4% in 2025 Despite Asia-to-US Weakness
Intra-Asia and Europe-to-Asia corridors powered demand growth, while the trans-Pacific route was hampered by…