Air freight news

Here are some recent news articles and updates on the air freight industry:

Global Air Freight Market Trends

• The International Air Transport Association (IATA) has reported a 3.5% year-over-year increase in global air freight demand in May, driven by strong growth in Asia-Pacific and North America. (Source: IATA)
• The World Air Cargo Association (WACA) has forecast a 4.5% growth in global air cargo demand in 2023, driven by increasing trade volumes and economic growth. (Source: WACA)

Air Freight Capacity and Demand

• Air France-KLM has announced plans to increase its air freight capacity by 10% in 2023, driven by growing demand for e-commerce and pharmaceutical shipments. (Source: Air France-KLM)
• Cathay Pacific has reported a 14.5% year-over-year increase in air freight demand in May, driven by strong growth in Hong Kong and mainland China. (Source: Cathay Pacific)

Air Freight Technology and Innovation

• DHL has launched a new air freight platform, "DHL Air Freight Connect", which uses artificial intelligence and machine learning to optimize air freight routes and reduce transit times. (Source: DHL)
• UPS has announced plans to invest $10 million in a new air freight sorting facility at its hub in Louisville, Kentucky, which will use advanced technology to increase sorting capacity and reduce transit times. (Source: UPS)

Air Freight Security and Compliance

• The International Civil Aviation Organization (ICAO) has launched a new initiative to improve air cargo security, which includes the development of new standards and guidelines for air cargo screening and security procedures. (Source: ICAO)
• The US Transportation Security Administration (TSA) has announced plans to increase security screening for air cargo shipments at US airports, including the use of advanced technology and additional security personnel. (Source: TSA)

Air Freight Industry Developments

• The International Air Transport Association (IATA) has launched a new initiative to promote sustainable air freight practices, which includes the development of new standards and guidelines for reducing carbon emissions and improving air freight efficiency. (Source: IATA)
• The World Customs Organization (WCO) has launched a new initiative to improve air cargo clearance and facilitation, which includes the development of new standards and guidelines for customs procedures and trade facilitation. (Source: WCO)