NEWS
company news
Falling air cargo rates but still above 2019 levels
GLOBAL air cargo rates in the second quarter remained well above 2019 levels despite capacity steadily increasing to pre-pandemic levels and a sharp drop in demand across most major trade lanes, reports New York's Journal of Commerce.The supply-demand imbalance saw second-quarter pricing drop...
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CX July's cargo volume surge 15pc thanks to e-commerce traffic
HONG Kong's Cathay Pacific carried 115,729 tonnes of cargo last month, an increase of 14.9 per cent compared with July last year.The month's cargo revenue tonne kilometres (RFTKs) increased 24.6 per cent year on year. The cargo load factor decreased by 11.2 percentage points to 59.8 per c...
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Saudia Cargo partners with Jan de Rijk in Europe
SAUDIA Cargo signed a new partnership that holds the potential to expand the airline's European network and enhance its services, reports Singapore's Payload Asia.Saudia Cargo entered into a strategic agreement with Netherlands-based Jan de Rijk Co, a prominent transport and logistics fir...
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