Global Air Cargo Demand Rises Despite Economic Challenges

Global Air Cargo Demand Rises Despite Economic Challenges

In May 2025, international air cargo demand grew by 2.2% year-on-year, demonstrating the industry's resilience. Despite a contraction in global manufacturing and the impact of U.S. tariff policies on certain regions, the Asia-Pacific region experienced the fastest growth in cargo demand at 8.3%. Additionally, falling oil prices provided relief for the airlines.

UPS Q2 Revenue Falls 27 Amid Economic Uncertainty

UPS Q2 Revenue Falls 27 Amid Economic Uncertainty

In its Q2 2025 earnings report, UPS reported a 2.7% decline in revenue, citing external economic uncertainties affecting performance. While some business segments showed growth, overall operating profit decreased. The CEO emphasized that the company will accelerate collaboration with Amazon to reduce package volume and enhance competitiveness.

Logistics Industry Adapts to Challenges Amid Economic Uncertainty

Logistics Industry Adapts to Challenges Amid Economic Uncertainty

The 36th Annual Logistics Report highlights numerous challenges faced by the global logistics industry amid economic and geopolitical uncertainties. The report emphasizes strategies such as optimizing transport networks, technological applications, and green logistics, which help companies effectively cope with rising costs and market fluctuations to achieve sustainable development.

Terengganus Sultan Mahmud Airport Drives Regional Economic Growth

Terengganus Sultan Mahmud Airport Drives Regional Economic Growth

Sultan Mahmud Airport in Kuala Terengganu is a vital aviation hub in Terengganu, Malaysia. Runway extensions and terminal upgrades have significantly enhanced its service capacity. Primarily serving domestic routes, the airport has experienced substantial growth in both passenger and cargo traffic in recent years. This growth has strongly contributed to the economic development of Terengganu and the airport is poised to play an even greater role in the future. It's a key infrastructure element for the region's connectivity and economic prosperity.