EXCLUSIVE - Ashwin Bhat, the new CEO of Lufthansa Cargo

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Demand to improve in Q22023: Cathay Pacific

Global economic concerns remained throughout the second half of the year, and will carry over into 2023 with some potential increases in demand around Chinese New Year."We expect demand to continue to underperform, particularly in Q1, but we are optimistic that by the end of Q2, as some recessionary...

AIT Worldwide Logistics recommits to reach net-zero carbon emissions by 2035

AIT Worldwide Logistics reaffirmed its commitment to protecting the environment as a signatory of The Climate Pledge.Co-founded by Amazon and Global Optimism, The Climate Pledge is a commitment signed by nearly 400 companies across 34 countries to reach net-zero carbon emissions by 2040—a decade ahead...

Autonomous delivery set to revolutionize how sensitive human samples are transported between medical facilities

Discussions of package deliveries tend to focus on efficiencies within the consumer realm as experts in the field cite reduced carbon footprints, and easier, faster, and more accurate deliveries and returns of everyday items.Missing from that discussion, until now is how the healthcare industry will...

Electronics value chain is still in transition, uncertainty continues to cloud market outlook: Report

For the first time in several quarters, the electronic components value chain is getting some pricing and lead time relief, as the new Supplyframe Commodity IQ insights reveal. Bloated inventories have led to plummeting memory device lead times and pricing, and the equalization of lead times and pricing...

TSOR Group, Eion Corp partner up, to tackle climate change with carbon drawdown

Leading supply chain & management advisement firm TSOR Group and verified carbon dioxide removal company Eion Corp have recently announced a new partnership expansion to enable large-scale Carbon Dioxide Removal (CDR).Also widely referred to as negative emissions, or carbon drawdown, CDR is a key...

Challenges increasing for shipments of dangerous goods: IATA

More than 1.25 million dangerous goods (DG) shipments are transported by air every year, and with the volume of air cargo expected to increase, the number of dangerous goods shipments will also grow, particularly those containing lithium batteries, according to 2023 Trends — Transport of dangerous goods...

FedEx DRIVE to save $4bn by FY25

FedEx is banking on its DRIVE programme to reduce more than $4 billion in structural costs by FY25.Managed by Sriram Krishnaswamy, President and CEO, FedEx Dataworks, DRIVE has already identified 14 domains for efficiency improvements under three operations — FedEx Express, FedEx Ground and Shared &...

Swiss WorldCargo celebrates first SAF- compensated cargo shipment

Recently, Swiss WorldCargo’s first SAF-compensated cargo shipment departed from Barcelona, heading to Zurich, with Narita as the final destination. This flight represented an important milestone for Swiss WorldCargo, as it brings the division a significant step closer to SAF leverage and, thus, to a...

SEKO Logistics signals growth with investments in own operations in Vietnam

SEKO Logistics (SEKO), a leading global logistics provider has recently announced the opening of the new headquarters of SEKO Vietnam in Ho Chi Minh City along with facilities and staff in key markets across the country.This marks SEKO’s first official presence in Vietnam’s largest city and comes as...