Investment firm Lone Star is nearing the finish line on its acquisition of U.S. airport services provider and ground handler Alliance Ground International (AGI). Last month, Lone Star Funds said an affiliate of Lone Star Fund XII, L.P. entered into a definitive agreement to acquire AGI from Greenbriar Equity Group and...
IAG Cargo recorded declines in revenue and volume during the fourth quarter of 2025 as demand linked to the Red Sea missile crisis continued to ease, contributing to softer yields in the second half of the year. In Q4, the airline group — which includes British Airways, Iberia, Aer Lingus and...
Singapore-headquartered ground handler SATS reported a strong third quarter, supported by robust cargo volume growth across Asia, Europe and the Middle East — and by its ability to position operations to benefit from shifting trade flows amid tariff-policy uncertainty and geopolitical developments. For the three months ended Dec. 31, SATS said...
Emirates SkyCargo is strengthening its footprint in India with the launch of two additional weekly freighter services to Mumbai and Ahmedabad, underscoring the strategic importance of the Indian market within its global network. The Dubai-based carrier will introduce a new weekly freighter service to Mumbai starting March 4. The route will...
The United States’ decision to implement a new 10% global tariff is expected to create renewed uncertainty and supply chain disruption, according to the Airforwarders Association (AfA). Last week, President Donald Trump announced that the US would introduce a temporary 10% global tariff following a Supreme Court ruling that struck down...
UPS has started notifying approximately 105,000 package delivery drivers of a voluntary severance program offering up to $150,000 to leave the company, as part of a broader effort to streamline its parcel network and reduce costs amid softer shipping volumes. A federal judge last week authorized UPS to proceed with the...
Singapore-based shipyard group Seatrium reported a sharp improvement in its financial performance for 2025, with net profit more than doubling year over year. The company posted net earnings of SGD323.6 million (approximately $256.25 million), compared with SGD158.6 million the previous year — representing a 106% increase. Revenue also climbed strongly, rising 24%...
Canadian freighter operator Cargojet posted lower revenue and earnings in the fourth quarter of 2025, reflecting weaker transpacific demand and strategic network adjustments across its ACMI and charter operations. Revenue for the quarter totaled C$284.7 million, down 2.9% year over year. Profitability declined more sharply, with earnings before income taxes falling...
As global supply chains continue to evolve, specialization and agility have become defining factors for freight forwarders seeking reliable international partners. Among the emerging players gaining visibility in Southeast Europe, ILIRIYUM AIRFREIGHT D.O.O., an EAN Networks Exclusive member based in Croatia, is positioning itself as a dynamic air cargo specialist...
The transpacific container market is undergoing a major reshaping with a total capacity estimated at 5.2 million TEUs, a decrease of approximately 3% compared to the previous year. Behind this overall figure lies a strategic redistribution among shipowners, with some reducing their presence while others strengthen their positions. Maersk and CMA...
