European Cargo has announced a significant expansion with plans to establish a base at Cardiff Airport, initiating regular air freight flights between China and Wales. This move is a notable expansion for the British air freight carrier, which has primarily operated out of Bournemouth. Jason Holt,
The world's busiest cargo airports play a crucial role in facilitating global trade and logistics, managing the massive flow of goods that sustain international commerce and e-commerce growth. These bustling hubs are integral to the supply chains that keep the global economy moving, handling
The global air cargo industry has witnessed a remarkable surge in demand, maintaining double-digit year-on-year growth for nine consistent months by August of this year. The International Air Transport Association (IATA) reported that total cargo demand for August alone rose by 11.4%, with
In the latest quarter, the air freight and logistics industry, represented by companies like United Parcel Service (UPS) and its counterparts, faced a complex spectrum of economic and market dynamics. Despite the sustained growth of e-commerce and the increasing demands of global trade, the sector
The surge in air cargo demand has become one of the most significant trends in the global logistics market, particularly highlighted by the impressive performance observed in August 2024. This exceptional growth is driven by several key factors, including the exponential rise of e-commerce, ongoing
The global air freight market is experiencing a significant transformation driven by technological advancements and the e-commerce boom. This article delves into the key insights from a comprehensive study by HTF MI Research, emphasizing growth drivers, market trends, major challenges, and the
