Freightos announced the acquisition of Shipsta, a leading freight-tender procurement platform used by dozens of Global 1000 enterprises to procure freight at scale from leading freight forwarders and carriers. This transaction expands Freightos’ existing industry-leading spot pricing, quoting, and booking capabilities by adding tender procurement, thereby advancing Freightos’ vision of comprehensive freight digitisation and meaningfully increasing its total addressable market, both in ocean and … [Read more...] about Freightos acquires Shipsta, expanding comprehensive digital freight procurement solution
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Healthcare exports from Puerto Rico grow as commercial cargo capacity increases to Europe and South America
The Puerto Rico Life Sciences Air Cargo Community is reporting steady growth of life sciences exports and has attracted new cargo capacity, according to figures provided by Rotate. Healthcare exports from the island are up eight percent and commercial capacity is up seven percent year-on-year, based on information from the air cargo data specialists, which partners with the Community to provide an online dashboard tracking cargo movements to and from Puerto Rico. Air cargo capacity on … [Read more...] about Healthcare exports from Puerto Rico grow as commercial cargo capacity increases to Europe and South America
Lufthansa Cargo welcomes new freighter aircraft in Frankfurt
Lufthansa Cargo welcomed its 18th B777 freighter at Frankfurt Airport past Saturday, 17 August 2024. The long-haul freighter was transferred directly from the Boeing factory in Everett, USA, to the cargo airline's largest hub. "We are delighted to welcome another efficient freighter to our fleet. This will allow us to provide our customers with additional capacity, continue to grow in the air freight market and enable global business. This means that we can align our network even more … [Read more...] about Lufthansa Cargo welcomes new freighter aircraft in Frankfurt
Rufus Labs launches first AI tool to revolutionise warehouse efficiency
Rufus Labs, Inc has launched Rufus AI, the first-ever AI tool powered by wearable technology, designed to optimize warehouse productivity. Rufus AI empowers warehouse operations managers to make data-driven predictions enhancing operational efficiency, increasing productivity and boosting warehouse profitability. Rufus AI is a natural extension of Rufus Labs’ WorkHero dashboard. The dashboard presents real-time and historical data from multiple sources in the warehouse. Using Rufus AI, … [Read more...] about Rufus Labs launches first AI tool to revolutionise warehouse efficiency
Cathay Pacific releases July 2024 traffic figures
Cathay Pacific released its traffic figures for July 2024, which showed that the airline achieved a new milestone by carrying more than two million passengers in a single month for the first time since the pandemic. Cathay Pacific carried a total of 2,008,225 passengers in July 2024, an increase of 15.1% compared with July 2023. The month’s revenue passenger kilometres (RPKs) increased 16.1% year on year. Passenger load factor decreased by 3.8 percentage points to 85.5%, while available seat … [Read more...] about Cathay Pacific releases July 2024 traffic figures
Harris Manolopoulos joins SmartLynx as Fleet Director
SmartLynx Airlines, a globally recognized ACMI (Aircraft, Crew, Maintenance, Insurance), cargo, and charter operator, has appointed Harris Manolopoulos as the new Director of Fleet. In his role, Harris will be responsible for optimal fleet utilization and efficiency and will collaborate closely with other departments in the airline to align the fleet with the strategic objectives of SmartLynx. With close to twenty years of experience in the aviation industry, Harris Manolopoulos carries a … [Read more...] about Harris Manolopoulos joins SmartLynx as Fleet Director