STAT Times
@stattimes.bsky.social
400 followers 22 following 2.3K posts
The STAT Trade Times, the first publication from STAT Media Group, was one of the earliest and the most reliable sources for news and news features for aviation and shipping industries. https://www.stattimes.com
Posts Media Videos Starter Packs
A Boeing 747-400BDSF freighter operated by Istanbul-based AirACT for Emirates with flight number EK9788 crashed into the sea early Monday morning (October 20) after veering off the North Runway at Hong Kong International Airport (HKIA).

#AirACT #Boeing #Emirates #NorthRunway #HKIA
AirACT B747F crashes off Hong Kong runway; two ground staff killed
According to the official statement, all four crew members on board were rescued and hospitalised, while two ground staff in a handling vehicle fell into the sea and were later confirmed dead.
www.stattimes.com
The Qatar Free Zones Authority (QFZ) and DHL Global Forwarding, the global freight forwarding division of the DHL Group, have officially inaugurated a new, advanced logistics facility at the Ras Bufontas free zone.

#DHLGlobalForwarding #QatarFreeZonesAuthority #DHL #DHLGroup #logistics
DHL Global Forwarding unveils logistics hub in Ras Bufontas free zone
The facility is specialise in air freight consolidation services supports both regional and global distribution networks
www.stattimes.com
A major fire has erupted in the cargo village at Hazrat Shahjalal International Airport (HSIA) in Dhaka, according to several reports, forcing a full suspension of flight operations and disrupting air-cargo flows at Bangladesh’s main gateway.

#Dhakaairport #Fire #HazratShahjalalInternationalAirport
Fire at Dhaka airport's cargo village disrupts operations
The blaze, which started midday on Saturday (October 18), triggered the deployment of 37 firefighting units.
www.stattimes.com
When Lightspeed Venture Partners met Naman Pushp for a possible investment into what he was building, the founder was just 17 years old.

#Airbound #Bengaluru #CarnegieMellonUniversity #LightspeedVenture #narayanahealth #aerodynamic #drones
📦✈️ Freighter expansions, innovative partnerships, and major infrastructure investments this week’s Cargo Shots, presented by Hactl and hosted by Reji John, covers the top developments shaping global logistics and air cargo.

Watch the full episode here: youtu.be/h8HBvew1C7I

#CargoShots #AirCargo
Cargo Shots by The STAT Trade Times presented by HACTL - 17 October 2025
YouTube video by STAT Publishing
youtu.be
B&H Worldwide, an aerospace logistics provider, has announced it has been awarded a global warehousing and logistics contract by Ontic Aerospace, an aviation partner specialising in supporting and supplying established aircraft parts.

#BHWorldwide #OnticAerospace #globallogistics
B&H Worldwide secures global logistics contract with Ontic Aerospace
B&H services include packing, consignment, and rigorous document checks upon both receipt and dispatch.
www.stattimes.com
Flexport has unveiled its new Customs Technology Suite, a set of AI and technology tools designed to help businesses manage tariffs, reduce costs, and stay compliant amid rising trade tensions and economic uncertainty.

#Flexport #CustomsTechnologySuite #trade #globalshipping #supplychain
Flexport launches Customs Technology Suite to cut costs and streamline trade
Flexport’s new AI tools help businesses cut tariffs, manage compliance, and save on global shipping costs.
www.stattimes.com
#BioNaturPlastics has launched a European manufacturing partnership to produce biodegradable and 100% recyclable stretch wrap at the same cost as traditional non-biodegradable #films, enabling cargo operators to improve #sustainability without increasing operating costs.

#European #EuropeanUnion
BioNatur Plastics launches European biodegradable stretch wrap at no extra cost
New European production lets shippers use fully biodegradable, recyclable stretch wrap without raising logistics costs
www.stattimes.com
Energy logistics company #Exolum announced plans to invest £4.5 million (about US$5.99 million) to create the first independent Sustainable Aviation Fuel (SAF) blending facility at Redcliffe Bay in south-west England.

#SustainableAviationFuel #Energylogisticscompany #RedcliffeBay #southwestEngland
Exolum invests £4.5 million to build UK's first SAF blending facility
The Redcliffe Bay facility, operational in 2026, will serve 64,741 London-New York flights yearly.
www.stattimes.com
Globalisation is proving far tougher than politics. Despite the steepest rise in U.S. tariffs since the 1930s, global trade is expanding, and business investment abroad remains steady. Global trade is projected to grow 2.5% annually through 2029, matching the past decade’s pace.

#Globaltrade
Global trade strong even as US tariffs hit highs not seen since 1930s
Globalisation is proving far tougher than politics. Despite the steepest rise in U.S. tariffs since the 1930s, global trade is expanding, and business investment abroad remains steady. Global trade...
www.stattimes.com
Pyka on 13 October announced the launch of its DropShip, a next-generation unmanned aerial system designed for long-range, heavy-lift operations for the U.S Army. Its initial test flight is planned for 2026.

#Pyka #DropShip #SupplyChain #drone #militarylogistics #logistics
Pyka unveils DropShip for military logistics
DropShip boasts a ferry range of over 3,500 miles and a payload capacity of up to 550 pounds.
www.stattimes.com
Global air freight rates fell by 1.2 per cent in the week ending October 13, 2025, according to the latest data from TAC Index. The report showed a 4.1 per cent year-on-year decline in the Baltic Air Freight Index (BAI00).

#airfreight #TACIndex #BalticAirFreightIndex #HongKong #Shanghai
Global air freight rates fall 1.2% amid mixed regional trends
The fall was mainly due to lower rates from Asia, although prices rose from Hong Kong, Europe, and North America.
www.stattimes.com
Astral Aviation has appointed Darryl Judd as Executive Director and Chief Strategy & Transformation Officer (CSTO), strengthening its leadership as the airline expands across Africa, the Middle East, Asia, and Oceania.

#AstralAviation #Africa #MiddleEast #Asia #Oceania #Dubai #aircargo #aircraft
Astral appoints Darryl Judd as Executive Director and Chief Strategy Officer
Astral Aviation names Darryl Judd CSTO to lead shift to scheduled network and expand global cargo operations.
www.stattimes.com