Saturday 25 November 2017
 
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freight

Global air freight tonnage grows 11.8pc

The annual growth in air freight tonne kilometres (FTKs) accelerated to 11.8 per cent in the three months ended July, its fastest pace since late-2010, an International Air Transport Association (Iata) report said.  

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Middle East air freight demand up 9.3pc in July

Middle Eastern carriers’ year-on-year freight volumes increased 9.3 per cent in July, up from the 8 per cent jump recorded in June, a recent report showed. According to data released by the The International Air Transport As

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Middle East air freight demand up 9.3pc in July

Middle Eastern carriers’ year-on-year freight volumes increased 9.3 per cent in July, up from the 8 per cent jump recorded in June, a recent report showed. According to data released by the The International Air Transport As

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UPS Q2 profit up 8.7pc to top $2.2bn

UPS, a global logistics company, has posted an operating profit of $2.21 billion for the second quarter (Q2) of the year, as compared to $2.03 billion for Q2 2016, marking an 8.7 per cent rise. The company attributed the increase

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ME air freight demand increases over 10pc in May

Middle Eastern carriers’ year-on-year freight volumes increased 10.2 per cent in May 2017, a sharp jump from the 3.1 per cent dip in April. The recent swings in the growth rate appear to be mainly a reflection of the more vo

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Connected truck to transform logistics industry

Connected trucks will help reduce operating costs through several avenues including telematics, remote diagnostics/prognostics, truck platooning, and self-driving trucks, an industry expert said. “Over the next 5-10 years, e

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Honeywell freight solution provides real-time information

Honeywell has announced a new Connected Freight solution that gives shippers and logistics companies the ability to monitor shipments of high-value and perishable goods, helping prevent costly damage and loss. The new solution, de

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Iran to sign deal for 6,000 freight wagons

Iran is poised to sign an agreement to purchase and manufacture 6,000 freight wagons during the ongoing 5th International Exhibition of Rail Transportation and Related Industries and Equipment, being held in Tehran, according to a senior officia

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Middle East freight demand up 16.3pc in March

Middle Eastern carriers’ year-on-year freight volumes increased 16.3 per cent in March 2017 and capacity increased 2.7 per cent, recent data showed. According to March 2017 demand growth results for global air freight market

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Middle East freight demand up 16.3pc in March

Middle Eastern carriers’ year-on-year freight volumes increased 16.3 per cent in March 2017 and capacity increased 2.7 per cent, recent data showed. According to March 2017 demand growth results for global air freight market

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