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IATA confirms healthy airfreight growth for November

Cargo Plane The results are in for November and, as expected, IATA reported that growth in the airfreight industry picked up substantially with the move into peak season, with freight tonne kilometres (FTKs) increasing by 8.8 percent, year-over-year, for the month. While growth remains healthy, and November significantly outperformed October’s still-impressive 5.9

Hyundai invests in Grab to gain ‘foothold’ in Southeast Asia ride-hailing market

Seoul (Reuters) - South Korea’s Hyundai Motor Co said on Thursday it had invested in Southeast Asian ride-hailing firm Grab, as it seeks to expand into the region to reduce its reliance on China following a damaging diplomatic row between Seoul and Beijing. Hyundai’s first direct investment in a ride-hailing firm gives

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