The STAT Trade Times, the first publication from STAT Media Group, was one of the earliest and the most reliable sources for news and news features for aviation and shipping industries.
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UPS stock plunged a record 14.1 percent to close at $114.90 after it announced plans to reduce its business with Amazon by 50 percent by 2026.
#UPS #Amazon #logistics #Q42024 #FY2024
UPS stock plunged a record 14.1 percent to close at $114.90 after it announced plans to reduce its business with Amazon by 50 percent by 2026. #UPS #Amazon #logistics #Q42024 #FY2024WWW.STATTIMES.COMUPS to reduce Amazon business by 50%, stock tanks 14%For the full year 2025, UPS expects revenue to be approximately $89 billion, down from $99.1 billion in 2024.0 Comments 0 Shares 189 Views 0 ReviewsPlease log in to like, share and comment! -
Saudia Cargo has announced its 2024 results, reporting a 27% growth in cargo volume and a 13% increase compared to 2023.
#SaudiaCargo #SaudiaCargo2024Performance #aircargo #aircraft #SustainabilityReport
Saudia Cargo has announced its 2024 results, reporting a 27% growth in cargo volume and a 13% increase compared to 2023. #SaudiaCargo #SaudiaCargo2024Performance #aircargo #aircraft #SustainabilityReportWWW.STATTIMES.COMSaudia Cargo reports 27% growth in cargo volumeIt also maintained a 92% on-time flight performance and introduced new routes to key markets.0 Comments 0 Shares 438 Views 0 Reviews -
Average global air cargo rates have edged back upwards in the final full week before Lunar New Year.
#WorldACDMarketData #LunarNewYear #AsiaPacific #Colombia #Ecuador #US #aircargo #aircraft
Average global air cargo rates have edged back upwards in the final full week before Lunar New Year. #WorldACDMarketData #LunarNewYear #AsiaPacific #Colombia #Ecuador #US #aircargo #aircraftWWW.STATTIMES.COMAir cargo rates rebound ahead of Lunar New YearAverage rates from Asia Pacific origins led the way with a WoW increase of 7% in week 4 (Jan 20-26).0 Comments 0 Shares 420 Views 0 Reviews -
DB Schenker, one of the world's leading logistics service providers and market leader in European land transport, took delivery of the first ten MAN long-distance electric trucks directly from the MAN Truck & Bus plant in Munich to join its fleet.
#DBSchenker #eTrucks #MANeTGL #Munich #MANTruckBus #logistics
DB Schenker, one of the world's leading logistics service providers and market leader in European land transport, took delivery of the first ten MAN long-distance electric trucks directly from the MAN Truck & Bus plant in Munich to join its fleet. #DBSchenker #eTrucks #MANeTGL #Munich #MANTruckBus #logisticsWWW.STATTIMES.COMDB Schenker puts first 10 of 150 MAN eTrucks into serviceDB Schenker and MAN sign additional letter of intent for 50 units of MAN eTGL 12-tonne distribution truck.0 Comments 0 Shares 531 Views 0 Reviews -
allivate has launched a new digital product called "Easy Transit" to simplify the EU NCTS5 transit procedure at Frankfurt Airport.
#allivate #FrankfurtAirport #transithub #FraportAG #DAKOSYAG
allivate has launched a new digital product called "Easy Transit" to simplify the EU NCTS5 transit procedure at Frankfurt Airport. #allivate #FrankfurtAirport #transithub #FraportAG #DAKOSYAGWWW.STATTIMES.COMallivate introduces new digital product for EU shipping procedure"Easy Transit" eliminates the need for manual entry of additional data.0 Comments 0 Shares 271 Views 0 Reviews -
Full year global air cargo demand for 2024, measured in cargo tonne-kilometers (CTK), increased 11.3 percent (12.2 percent for international operations) compared to 2023.
#InternationalAirTransportAssociation #IATA #Globalaircargo #aircargo #aircraft
Full year global air cargo demand for 2024, measured in cargo tonne-kilometers (CTK), increased 11.3 percent (12.2 percent for international operations) compared to 2023. #InternationalAirTransportAssociation #IATA #Globalaircargo #aircargo #aircraftWWW.STATTIMES.COMGlobal air cargo demand up 11.3% in 2024, beats 2021 recordWhile average yields continued to soften from peaks in 2021-2022, they averaged 39% higher than 2019.0 Comments 0 Shares 341 Views 0 Reviews -
Global air freight rates edged slightly lower again during the week to January 27, according to the latest data from TAC Index.
"The overall Baltic Air Freight Index calculated by TAC edged down -0.7 percent, leaving it ahead by +8.7 percent YoY, with the market still relatively firm following a modest uptick on the busiest lanes out of China in the runup to Chinese New Year."
#TACIndex #BalticAirFreightIndex #ChineseNewYear #China #Europe #US #aircargo #aircraft
Global air freight rates edged slightly lower again during the week to January 27, according to the latest data from TAC Index. "The overall Baltic Air Freight Index calculated by TAC edged down -0.7 percent, leaving it ahead by +8.7 percent YoY, with the market still relatively firm following a modest uptick on the busiest lanes out of China in the runup to Chinese New Year." #TACIndex #BalticAirFreightIndex #ChineseNewYear #China #Europe #US #aircargo #aircraftWWW.STATTIMES.COMGlobal air cargo rates show mixed trends: TAC IndexRates out of China were up both to Europe and to the U.S. but declined sharply (-20.8%) from Chicago.0 Comments 0 Shares 639 Views 0 Reviews -
Nippon Express has been appointed as a designated cargo agent for the Tokyo metropolitan government's initiative to promote the use of Sustainable Aviation Fuel (SAF) in air cargo transport, which also aligns with corporate compliance to meet Scope 3 emissions requirements.
#NipponExpress #Tokyometropolitangovernment #Honda #ANACargo #SustainableAviationFuel #SAF #aircargo #aircraft
Nippon Express has been appointed as a designated cargo agent for the Tokyo metropolitan government's initiative to promote the use of Sustainable Aviation Fuel (SAF) in air cargo transport, which also aligns with corporate compliance to meet Scope 3 emissions requirements. #NipponExpress #Tokyometropolitangovernment #Honda #ANACargo #SustainableAviationFuel #SAF #aircargo #aircraftWWW.STATTIMES.COMNippon Express, Honda partner in Tokyo’s SAF air cargo initiativeUnder an agreement, Nippon Express will issue Honda a CO2 reduction certificate for SAF usage.0 Comments 0 Shares 672 Views 0 Reviews -
Chapman Freeborn is to mark over twenty years of operating in China this week, after opening its first offices in Beijing and Hong Kong in 2004.
#ChapmanFreeborn #China #Beijing #HongKong #aircargo #aircraft
Chapman Freeborn is to mark over twenty years of operating in China this week, after opening its first offices in Beijing and Hong Kong in 2004. #ChapmanFreeborn #China #Beijing #HongKong #aircargo #aircraftWWW.STATTIMES.COMChapman Freeborn completes twenty years in ChinaChapman Freeborn has opened five offices and rapidly expanded freight volume since 2004.0 Comments 0 Shares 487 Views 0 Reviews -
DHL Express has signed a deal with Cosmo Oil Marketing Company for the purchase of sustainable aviation fuel (SAF) to drive emission-reduced air freight in Japan.
#DHLExpress #CosmoOilMarketing #DHL #Japan #sustainableaviationfuel #SAF #airfreight #aircargo #aircraft
DHL Express has signed a deal with Cosmo Oil Marketing Company for the purchase of sustainable aviation fuel (SAF) to drive emission-reduced air freight in Japan. #DHLExpress #CosmoOilMarketing #DHL #Japan #sustainableaviationfuel #SAF #airfreight #aircargo #aircraftWWW.STATTIMES.COMDHL Express, Cosmo Oil sign deal to promote SAF usage in JapanDeal represents annual purchase of 7.2mn litres of SAF, which DHL Express will use for cargo shipping from April 2025.0 Comments 0 Shares 479 Views 0 Reviews -
U.S. President Donald Trump has won the first tariff war - against Colombia. Trump threatened to impose an emergency 25 percent tariff on all goods coming into the United States from Colombia. "In one week, the 25 percent tariffs will be raised to 50 percent,"
#DonaldTrump #Colombia #LATAMCargo #AviancaCargo #aircargo #aircraft
U.S. President Donald Trump has won the first tariff war - against Colombia. Trump threatened to impose an emergency 25 percent tariff on all goods coming into the United States from Colombia. "In one week, the 25 percent tariffs will be raised to 50 percent," #DonaldTrump #Colombia #LATAMCargo #AviancaCargo #aircargo #aircraftWWW.STATTIMES.COMColombia flower trade in focus in Trump tariff clashTrump holds back on threat of 50% tariffs after Colombia agreed to take back illegal immigrants.0 Comments 0 Shares 662 Views 0 Reviews -
European aircraft manufacturer Airbus has announced that it is shutting down Airbus Beluga Transport (AiBT) and ceasing all its operations.
#Airbus #AirbusBelugaTransport #BelugaST #BelugaXL #AirbusTransportInternational #aircargo #aircraft
European aircraft manufacturer Airbus has announced that it is shutting down Airbus Beluga Transport (AiBT) and ceasing all its operations. #Airbus #AirbusBelugaTransport #BelugaST #BelugaXL #AirbusTransportInternational #aircargo #aircraftWWW.STATTIMES.COMAirbus shuts the door on 'Flying your outsized cargo'Airbus is terminating Airbus Beluga Transport and ceasing operations, though no specific reason has been provided.0 Comments 0 Shares 521 Views 0 Reviews
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