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AirZeta's fortunes take a turn following link-up with Asiana unit

AirZeta, the relaunched operation of Air Incheon following the integration of Asiana Airlines' cargo arm, has reaped the fruits of the enlarged freight business. Recently released financials for 2025 show AirZeta revenue rose 10-fold, to $459m, leading to a net profit of $23.2m, following a net loss of $23.4m in 2024. And AirZeta is set to see earnings rise again this year, as cargo volumes in the first six months increased nearly 12-fold, to 223,685 tonnes. Air Inchon's former freight arm rebranded a year ago, after absorbing Asiana's cargo business and becoming South Korea's second-largest air freight business after Korean Air Lines (KAL). Asiana, which struggled financially after Covid halted air travel, was sold to KAL in December 2024, but had to divest its cargo business to satisfy anti-trust regulators worldwide. AirZeta's freighter fleet was expanded to 15 by adding 11 Asiana aircraft to the four B737-800Fs, and routes centred on Japan, China, and South-east Asia were expanded to medium- and long-haul routes to the Americas and Europe. AirZeta also increased its headcount by absorbing Asiana's staff. AirZeta's relaunch coincided with a surge in global air cargo, fuelled by high volumes of de minimis and time-sensitive consumer goods shipped directly from Asian manufacturing hubs. The AI boom has also resulted in greater demand to fly microchips and specialised servers from Asian manufacturers to data centres in North America and Europe. In addition, with container shipping having longer sailing times from Asia to Europe due to the geopolitical crisis in the Middle East, air freight is used to bypass maritime bottlenecks and reduce inventory replenishment times. However, AirZeta still has challenges to overcome, particularly the integration of Asiana's freighter pilots. Although there was a collective wage agreement in February, AirZeta's pilots' union filed an application with the Incheon Regional Labour Relations Commission in April over issues relating to the cargo carrier's pilot seniority system. The union alleged AirZeta set pilot seniority solely by hiring-year, unfairly adjusting the treatment of Asiana's 50 pilots. AirZeta's management claimed the issue of pilot seniority was finalised and announced last year through consultations with the union. The commission has yet to rule on the matter.

De minimis is dead, and now legally buried

Key takeaway: The Court of International Trade's ruling that IEEPA authorizes the President to revoke duty-free treatment for sub-$800 imports removes the last legal uncertainty hanging over a year-old policy shift that has already reshaped cross-border parcel economics. The last shippers hoping the courts might resurrect the de minimis exemption can stop hoping. On August 13, the U.S. Court of International Trade ruled unanimously that President Trump's use of the International Emergency Economic Powers Act to eliminate duty-free treatment ...

A phone call, a million files: Uber Freight breach exposes logistics' identity security gap

In a nutshell: the Helix extortion group claims to have taken nearly a million documents from one of North America's largest managed-transportation platforms, using tactics no more sophisticated than impersonating an IT helpdesk. It is a grim irony that a company built on digitizing freight brokerage may have been compromised by one of the oldest tricks in cybercrime: a phone call. Uber Freight confirmed on August 12 that it is investigating "a data security incident involving unauthorized access to ...