
Oil Majors Report Significant Profits Amidst Elevated Fuel Costs Due to Iran Conflict
Oil companies report significant profits as the Iran conflict drives up fuel prices and global shipping costs.
Capacity, rates, freighter operations and integrator news for international air-freight forwarders.

Oil companies report significant profits as the Iran conflict drives up fuel prices and global shipping costs.
Middle East logistics is adapting to evolving market dynamics, focusing on resilient supply chain solutions to mitigate disruptions.

A legal challenge against Gatwick Airport's second runway expansion has been dismissed, allowing full-time operation.

Lufthansa Airlines faced a difficult first half, citing the Iran conflict, rising fuel costs, and strikes as key factors.

Toyota reported a $9.4 billion net profit in Q2, with sales climbing 10% year-on-year.

The U.S. trade deficit narrowed to $73.3 billion in June, a 5.6% drop from the previous month, driven by fewer imports.

Airbus is performing flight vibration tests on its A350 freighter prototype as it moves towards flight testing and service entry

TAAG Cargo has commenced a new weekly freighter service from Amsterdam to Lusaka, enhancing its African air cargo network.
Oil prices dropped sharply yesterday due to renewed optimism about a potential US-Iran peace deal.

Oman Air has launched five new air cargo routes in one week, boosting connectivity across Asia, Central Asia, and the Middle East.

Lufthansa Cargo saw significant Q2 profit and revenue growth, largely due to higher airfreight rates from the Middle East conflict
Hacis launched an automated storage system in Hong Kong, doubling e-commerce outbound capacity and improving efficiency.

Hitachi, MOL, and JAL are launching Japan's first Direct Ocean Capture pilot on Kume Island to test seawater CO2 removal
IATA recommends airlines update payment strategies to mitigate revenue losses from failed transactions and improve customer experience.
Eurozone manufacturing activity grew at its fastest rate since April, indicating stronger factory conditions and increased new orders

A new trade agreement between Australia and Singapore aims to enhance supply chain resilience and streamline trade processes

Network Airline Management has expanded its fleet with a fifth Boeing 747-400BCF freighter, increasing air cargo capacity.

TAM Group has launched a new air charter division, led by Fernando Carballal, to provide specialized and time-critical air cargo solutions

Network Airline Management has expanded its freighter fleet with a fifth Boeing 747-400 to meet strong customer demand

beOnd has appointed AVIAREPS as its commercial representative throughout Europe, extending their existing partnership.

AI and semiconductor demand is tightening airfreight capacity in Asia, while consumer and e-commerce volumes soften

The EU CBEC Forum will host air cargo leaders in Liège to discuss e-commerce, freighter capacity, and trade lane shifts.
Drone Major partners with Contract Finder Pro to assist UK SMEs in securing public sector defense and drone contracts via AI-driven tools

Awesome Cargo completed its first in-house heavy maintenance C-check, boosting internal capabilities and supporting fleet growth

SAL Logistics has finalized its €28 million acquisition of Aviapartner Liège, establishing its first base outside Saudi Arabia.

Emirates SkyCargo recorded an 11% year-on-year rise in UK export volumes, fueled by aerospace, life sciences, and perishables.

SolitAir has introduced a new airfreight service to Bucharest, expanding its European network and boosting trade flows

King Salman International Airport is developing its cargo area and seeking partners to become a leading global logistics hub

Cathay Cargo is developing Hong Kong into a key logistics gateway for the Greater Bay Area, integrating air-air, air-road, and air-sea…

GSSAs are evolving from sales representation to strategic outsourcing, requiring enhanced commercial expertise and technology integration.
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