Fly Cargo

Maersk expands air cargo ops with new Singapore facility
12/06/2023 -

Danish shipping giant Maersk will expand its presence in Singapore with an integrated warehouse, a $500 million investment, at Singapore Changi Airport. The investment will target the shipper’s air logistics operations while also benefiting its ocean logistics operations, helping to further establi

Consultant’s Insight: AIT expands reach into life sciences supply chain
12/06/2023 -

AIT Worldwide Logistics’ recent acquisition of freight forwarder Mach II Shipping demonstrates the need for flexible, real-time, responsive health care and pharmaceutical supply chains. A survey by consulting firm Deloitte found that 88% of respondents in the life sciences market cited production

Air cargo demand rises for third straight month
12/06/2023 -

Global airfreight demand rose for the third consecutive month in October. Global demand, measured in cargo tonne kilometers (CTK), increased by 3.8% YoY in October, while demand for international operations rose 3.5% YoY, according to October data released by IATA. Global capacity, measured in av