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Air cargo rates surge as Middle East disruption tightens capacity

FedEx Q3 FY26 revenue rose 8% to $24B with adjusted operating income of $1.62B and EPS up 16% to $5.25.

Operational as of March 2026, the new service leverages the shipping network of CMA CGM to reroute used batteries of all conditions.

Beyond costs, the operational disruption is equally serious, with six Hapag-Lloyd vessels and crew stuck in the Persian Gulf and one ship already hit.

Government-backed exporters can get up to 95% additional risk coverage from March 16 to June 15, 2026, to maintain trade operations amid uncertainty.

A 46,999 kg pharma shipment comprising 330 pallets was secured in GDP storage before being flown in a single charter operation.

Hapag-Lloyd plans to reflag up to four vessels under the Indian flag, support a sustainable ship recycling ecosystem and invest in infrastructure...

In an exclusive interview, Saiba Suri, Country Customer Fulfilment Manager at IKEA India, explains how the company is strengthening logistics and...

Move expands Aeroprime’s role beyond passenger services to handle cargo sales and operations across key markets

Air cargo rates from India surged sharply last week, outpacing global trends as Middle East disruptions and rising fuel costs tightened capacity.

The collaboration aims to drive large-scale digital transformation across the international logistics industry, with a primary focus on upgrading...

Attacks on at least 18 vessels in the Strait of Hormuz have killed eight seafarers, shaking one of the world’s most critical shipping routes.