Global General Sales and Service Agent (GSSA) giant World Freight Company (WFC, France) has been acquired by Brookfield Asset Management (Canada) in a deal reportedly worth $1.2 billion. Former owners PAI Partners and EQT announced the sale, which is expected to close by the end of 2026. Founded in 2004, WFC operates 25 logistics brands, serving more than 300 airlines and 16,000 freight forwarders across 80 countries. Brookfield plans to invest in technology and expand WFC th

The trend in shipping rates shows an increase for the West Coast of North America (+2.6%) and the East Coast of North America (+1.3%) compared to the previous week. Conversely, rates have remained unchanged for Europe (0%) and decreased for Korea (-3.5%).

The international air cargo forwarding ranking for Japan in March 2026 has been disclosed. Nippon Express (NX) secured the top position with 18,632 tons, up 1.9% compared to the same month last year. Kintetsu World Express (KWE) ranked second with 13,440 tons, marking an increase of 11.5%, followed by Yusen Logistics in third with 9,197 tons, down 2.2%. Nishi-Nippon Railroad (NNR) placed fourth with 4,331 tons, up 10.6%, while Hankyu Hanshin Express came fifth with 3,506 tons

Airports Council International (ACI) has released its 2025 global cargo rankings, with Hong Kong International Airport (HKG) retaining first place for the 15th time since 2010, handling over five million tonnes (+2.7%). Shanghai Pudong (PVG) ranked second, followed by Anchorage (ANC) in third. Louisville (SDF) and Miami (MIA) placed fourth and fifth, both posting strong growth. Memphis (MEM) ranked sixth despite a sharp decline. Incheon (ICN) secured seventh, ahead of Doha (D

The trend in shipping rates shows an increase for the East Coast of North America (+2.8%), the West Coast of North America (+2.6%), and Europe (+1.8%) compared to the previous week. Conversely, rates have decreased for Korea (-4.3%).

Airfreight rates are climbing toward peak-season levels as disruptions from Middle East conflict and soaring fuel costs strain the cargo market. Recent TAC Index data shows the global Baltic Air Freight Index rose 9.3% week on week and stands 10% higher year on year. Jet fuel prices have doubled, suggesting further rate increases. Asian export hubs including Hong Kong, Shanghai, and Seoul report rising or elevated prices. Rates to Europe and North America remain high, while t

The US decision to introduce a temporary 10% global tariff will create uncertainty and disrupt supply chains, the Airforwarders Association said, warning of operational and investment risks for air cargo and logistics providers. The move follows a Supreme Court ruling that struck down the previous tariff regime. The group urged the Trump administration and Congress to adopt stable, transparent trade policies and clearer guidance. The tariff will apply for 150 days under Secti

The international air cargo forwarding ranking for Japan in February 2026 has been disclosed. Nippon Express (NX) retained the top position with 17,129 tons, up 4.6% compared to the same month last year. Kintetsu World Express (KWE) ranked second with 11,001 tons, up 1.7%, followed by Yusen Logistics in third with 8,438 tons, down 6.4%. Nishi-Nippon Railroad (NNR) placed fourth with 3,484 tons, down 3.5%, while Hankyu Hanshin Express came fifth with 3,093 tons, up 4.0%.

Escalating tensions in the Middle East and the closure of the Strait of Hormuz are disrupting global shipping routes. Major container lines including Evergreen, MSC, Hapag-Lloyd, ONE, and Maersk have suspended bookings or rerouted cargo to several Gulf ports due to safety concerns. MSC has diverted vessels to nearby safe ports, while others have halted transits through the strait. These disruptions could push more cargo toward airfreight, though airlines are also facing chall

The trend in shipping rates shows an increase for the West Coast of North America (+2.5%), the East Coast of North America (+1.5%), and Korea (+0.4%) compared to the previous week. Conversely, rates have decreased for Europe (-1.3%).

The escalating conflict between the U.S./Israel and Iran has paralyzed both air and sea logistics. Major hub airport closures have slashed global air cargo capacity by 18%, while the effective blockade of the Strait of Hormuz has forced major shipping lines to suspend operations. Compounded by rising oil prices and additional U.S. tariffs, global supply chain disruption is inevitable. Companies must urgently secure alternative routes and revise their inventory strategies.

According to a new review by the Chaddick Institute at DePaul University, UPS’s hub at Louisville Muhammad Ali International Airport (SDF) has overtaken FedEx’s long-standing superhub at Memphis International Airport (MEM) to become the world’s largest express air cargo hub. The study found that United Parcel Service now operates more daily flights and offers greater tonnage and volume capacity than FedEx. The shift reflects changing cargo demand, reduced daytime flying at Me

The international air cargo forwarding ranking for Japan in January 2026 has been disclosed. Nippon Express (NX) topped the ranking with 16,880 tons, up 26.8% compared to the same month last year. Kintetsu World Express (KWE) followed in second place with 11,347 tons, up 26.1%, while Yusen Logistics ranked third with 8,657 tons, down 2.5%. Nishi-Nippon Railroad (NNR) placed fourth with 3,610 tons, up 26.1%, and Hankyu Hanshin Express came fifth with 3,146 tons, showing a stro

Air cargo reliability weakened last year, with CargoAi reporting an overall Delivery As Promised (DAP) score of 62.7% amid tariff changes, network realignments and peak-season congestion. Route rankings reveal strong regional contrasts. East Asian short-haul corridors topped the list, led by Taipei (TPE)–Incheon (ICN) at 96%, Incheon (ICN)–Narita (NRT) at 94% and Narita (NRT)–Incheon (ICN) at 93%. In contrast, Asia–Europe routes ranked lowest, including Chengdu (CTU)–Frankfur

The trend in shipping rates shows an increase for Korea (+5.8%) compared to the previous week. Conversely, rates have decreased for Europe (-2.5%), the West Coast of North America (-4.8%), and the East Coast of North America (-3.0%).

Air cargo reliability weakened last year, with CargoAi reporting an overall Delivery As Promised (DAP) score of 62.7% amid tariff changes, network realignments and peak-season congestion. Route rankings reveal strong regional contrasts. East Asian short-haul corridors topped the list, led by Taipei (TPE)–Incheon (ICN) at 96%, Incheon (ICN)–Narita (NRT) at 94% and Narita (NRT)–Incheon (ICN) at 93%. In contrast, Asia–Europe routes ranked lowest, including Chengdu (CTU)–Frankfur

Global air cargo volumes opened 2026 on a positive note, rising 5% year on year in the first full week of January, according to WorldACD. The rebound followed a sharp 26% week-on-week jump, reversing late-December declines. Growth was led by the Middle East and South Asia, up 16%, with Asia Pacific and North America also posting solid gains. However, analysts caution that comparisons are flattered by a slow start to 2025 and warn that the gradual return of container shipping

The international air cargo forwarding ranking for Japan in December 2025 has been disclosed. Nippon Express (NX) led the ranking with 18,071 tons, down slightly by 0.8% compared to the same month last year. Kintetsu World Express (KWE) ranked second with 11,956 tons, up 7.7%, followed by Yusen Logistics in third with 10,022 tons, an increase of 5.1%. Nishi-Nippon Railroad (NNR) placed fourth with 3,643 tons, up 3.4%, while Hankyu Hanshin Express came fifth with 2,945 tons, d

Nippon Cargo Airlines (NCA/KZ) and Mexican carrier mas (MAA/ M7) have launched a new partnership to expand cargo connectivity across North America and the transpacific. Effective from the IATA winter season, the block space agreement allows NCA to access mas-operated services from Los Angeles to Guadalajara and Mexico City, while mas gains access to NCA’s Narita–Los Angeles routes. NCA said the partnership responds to growing Asia–Mexico demand, particularly in automotive and