Global air freight rates ended a volatile week a little lower, according to the latest data from TAC Index, the market’s leading price reporting agency. In a week of on-off threats about tariffs on imports to the US – and potential retaliation from trading partners – the overall Baltic Air Freight Index (BAI00) calculated by TAC ended the week…
Dublin-based Avia Solutions Group (ASG), the world’s largest ACMI (Aircraft, Crew, Maintenance, and Insurance) provider, led by Gediminas Ziemelis, officially launched its Global Services Philippines centre in Manila, the Philippines.…
President Donald Trump signed an executive order on February 1st imposing a 10% tariff and removing eligibility for use of the de minimis exemption for all Chinese imports to the US. Four days later he temporarily reinstated de minimis…
Business has been blooming at Miami International Airport in the weeks leading up to Valentine’s Day, with the cargo gateway projecting that more than 1,500 tons of cut flowers will arrive daily between January 1 and the end of…