The report’s benchmark reading, the PMI, came in at 49.0 (a reading of 50 or higher indicates growth), up 0.5% from May’s 48.5 reading, which was off 0.2% from April’s 48.7 reading.

Third-party logistics (3PL) providers are grappling with geopolitical instability, fluctuating tariffs, rising costs, and labor shortages, while also facing pressure to accelerate e-commerce order ...

The global airfreight market, valued at $319.4 billion in 2024, is projected to reach $492.7 billion by 2033, with a compound annual growth rate (CAGR) of 4.9%. While air cargo volumes have shown ...