Alaska Airlines strengthens its cargo operations with the appointment of Ian Morgan as Vice President of Cargo and Jason Berry as Executive Vice President of Cargo for Alaska Air Group. The move follows the merger with Hawaiian Airlines, presenting exciting opportunities for growth and strategic expansion in the combined cargo network.
Asia Pacific airlines experienced a significant surge in international passenger and cargo traffic in July 2024, fueled by relaxed visa policies, robust e-commerce activity, and a rebounding Chinese market. The region’s carriers are capitalizing on this positive momentum by expanding networks, introducing innovative products and services, and prioritizing operational efficiency and sustainability.
Qatar Airways Group has announced record-breaking financial results for the 2023/24 fiscal year, driven by strong performance across its various divisions, including Qatar Airways, Qatar Airways Cargo, and Qatar Executive. The group achieved a record total revenue of QAR 81 billion (US$22.2 billion) and a net profit of QAR 6.1 billion (US$1.7 billion), marking its best financial performance in 27 years.
The Port of New Orleans (Port NOLA) has acquired a 210,000 square foot warehouse and signed a 10-year lease with The Kearney Companies, Inc., a Precision Terminal Logistics (PTL) subsidiary. The acquisition will boost cargo growth and create new jobs in the area.
A new port in Russia’s Murmansk region is set to be completed by 2028, bringing economic benefits to the area. The port, to be built by Belarusian investors, is expected to handle 25-30 million tons of cargo annually. The project is seen as part of Russia’s strategy to increase its economic ties with Belarus, which has maintained close relations with Russia despite the ongoing conflict in Ukraine.
