FedEx’s stellar quarter tempered by concerns over labor shortages
The company reports strong fiscal 2021 fourth-quarter results, but warns that a persistent labor shortage will drive up costs and impede productivity.
The company reports strong fiscal 2021 fourth-quarter results, but warns that a persistent labor shortage will drive up costs and impede productivity.
Passenger airlines are going crazy for cargo. WestJet is following the lead of Canadian rival Air Canada in starting a dedicated freighter business to capitalize on strong air cargo demand.
Excerpt: Most airlines survived the pandemic financial crisis, but will they survive the recovery?
The report says that North America will be less appealing than Asia in the eyes of business, at least through mid-decade.
There’s fintech and FreightTech. PayCargo plays in both spheres and is well supported by investors.
Air Canada is making cargo a bigger part of its business plan. It’s turning eight passenger planes into double-deck freighters.
UPS announces emission-reduction strategies for facilities, small package operations and the global air fleet.
Belarus occupies a key spot on the Trans-Eurasian rail line and is on the flight path used by airlines between Europe and Asia. Freight transport could be a victim if the West imposes sanctions on Belarus for violating what considers international norms.
New air cargo security rules require 100% screening of every shipment. The Transportation Security Administration says cargo from large warehouses with heavy security measures don’t pose a risk and can skip screening, but some say that’s unfair to companies that comply.
The company’s investor day focuses on modest projections for domestic package-delivery margins through 2023.
Bad apples can jump from one company to another because their full employment history doesn’t always follow them. It happens in all industries. But when bad pilots get a second chance, it can be deadly.
The new company already has 10 clients, as it takes the HubTran platform and steers it toward a market that is similar but with key differences.
Cargo handling companies at Chicago O’Hare International Airport are crying, “No mas.” They’re investing in warehouses outside the airport because cargo volumes are causing gridlock at airport terminals.
This look at the past week in images features a container crane collapse, Alaska snow and a decorated semi trailer.
Finding space on an international aircraft to move one’s freight is no easy task. Large shippers with enough volume are just renting entire planes to ensure their stuff can get from here to there.
Ray Wood, head of global carrier management at World Courier, discusses how the air cargo market has adjusted and maintained relationships with customers.
International transport rules for dangerous goods could have hindered the vaccine rollout by airlines without swift action by the air cargo sector.
Overhead bins, seat bags and seat removal are among the innovations airlines started during the COVID pandemic to move more cargo while few passengers are traveling.
Gold heist at LAX: Airport cargo workers dipped into shipment of gold, took some for themselves and now face 15 years in prison.
The U.S. military withdrawal from Afghanistan couldn’t be accomplished without massive cargo transport planes. But tapping commercial resources could deprive other companies from using those aircraft.
Big integrated parcel carriers are constantly adding aircraft to their fleet, but that expansion is going even faster to keep up with e-commerce. DHL Express is even starting an airline in Austria to keep up.
Some car owners will only take their cars to the dealer for maintenance, while others are content with an independent mechanic. The choice is similar for airlines that want to modify aircraft to carry cargo.
LATAM Airlines will add 10 767 passenger planes with a repair shop licensed by Boeing so they can be retrofitted to carry cargo on the main deck.
Fidelity had led a $360 million private funding round into BETA Technologies to speed development of small electric aircraft for passenger and cargo usage.
Major e-commerce growth led DHL Express to change aircraft and routes in Southeast Asia for package delivery.
Finding cargo space on aircraft these days is a challenge. Now comes another layer of demand from U.S. fruit growers looking to export from the West Coast.
SmartLynx Airlines is leasing passenger aircraft to fly cargo before using them for their traditional role.
Amazon planes are shuttling between more than 40 airports in the U.S. That translates into faster e-commerce deliveries by eliminating trucks.
Alaska Airlines is building back its fleet.
Ocean container shipping company CMA CGM has a new cargo airline that’s flying to more places.
Leasing companies are investing in pre-owned passenger planes that can be converted into freighters, and production companies are stepping up to meet their need.
Airfreight markets around the world are facing serious capacity constraints. Trade growth is overwhelming the physical ability of carriers to move goods and it’s reflected in transport prices.
The Air Line Pilots Association has accused the bargaining unit for Cargojet pilots of going along with the company’s effort to weaken new anti-fatigue rules.
Aeroméxico Cargo inaugurates twice weekly direct cargo route between Mexico City and Wuhan, China.
Airbus is competing not only against Boeing to sell small converted freighters, but it now has a new U.S. competitor in retrofitting A321s.
Prior to the implementation of AI and machine learning solutions, shipment visibility was dismal, and about one in three time-critical shipments arrived late.
As economies of scale make hydrogen production more affordable, the aviation industry’s interest in hydrogen-powered aircraft is growing.
Aircraft conversion houses tear apart passenger aircraft, then reinforce the walls and floor so they can handle heavy cargo on the main deck. Business is growing along with trade.
Purolator is considered the FedEx or UPS of Canada. The express delivery company has hired an airline to help it move more packages between the U.S. and Canada.
The German company posts record first-quarter profits and substantially raises full-year earnings and cash flow targets.
Cargojet wants a bigger slice of the U.S. e-commerce and heavy air cargo market. It’s looking for an investment opportunity and has identified new trends in e-commerce that will keep volumes high in North America.
In the prepared statement released with earnings, CEO Musser says the current market has no precedents.
he microgeometry of a shark’s skin reduces friction and allows it to move faster in the water. Lufthansa Cargo is applying that same capability to its aircraft to save fuel in a fascinating case of man copying nature.
Silk Way Airlines is flying freighters to Europe, North America, the Middle East and Asia. One of its airplanes may be delivering goods to an airport near you.
Olsavsky says the one-day delivery service needs to get on top of burgeoning demand and warehouse space shortages.
You may not have heard of Cainiao, but you know parent company Alibaba is the Amazon of China. Cainiao is powering Alibaba’s logistics and recently arranged air transport from Singapore to duty-free shops in China.
DSV Panalpina announced Tuesday it plans to acquire the logistics arm of Agility Public Warehousing for $4.1 billion. The deal is expected to turn the transportation and logistics company into a top 3 forwarder globally.
AirBaltic will become a cargo terminal operator at the airport in Latvia’s capital.
Lufthansa Cargo is one of more technologically advanced air cargo carriers. New material-handling systems highlight the overhaul of its main warehouse.
Cargo congestion has gone from bad to worse at Chicago O’Hare International Airport, forcing importers to wait several days to retrieve shipments and prompting two large logistics companies to migrate […]
Cargo has been the airline industry’s all-star performer since the pandemic began. Profits are soaring, but it’s not enough to overcome huge losses from the travel side.
United performed worse in the first quarter than some analysts expected, but the consumer mood has shifted as the economy reopens and United says it can get to breakeven this year on a pretax basis.
Hong Kong has finally made it easier for certain airlines to operate by easing some COVID restrictions for pilots. Cargo operators will benefit the most.
Silkways West Airlines is a large cargo operator out of Azerbaijan. It recently began flying to Columbus, Ohio.
Not X-men. Xwing. But it’s cool too if you like planes that fly by themselves.
One more quarter taking its pandemic lumps and then Delta says it will steer out of the COVID vortex and start making more money than it loses.
The Big Twin is the nickname for the Boeing 777 passenger-to-freighter conversion aircraft. It’s big, has two engines and is getting ready for metal cutting.
A giant Russian cargo jet was utilized to bring a special piece of machinery for bottling vaccines from Germany to a new manufacturing plant in the U.S. The equipment could help with the global effort to distribute COVID vaccines.
Air Canada is finally getting a lifeline from the Canadian government, potentially worth up to CA$5.9 billion.
Fuel was a nonfactor for airlines and cargo customers during the early months of COVID. Not anymore.
The author of “Fulfillment: Winning and Losing in One-Click America” talks about Amazon’s push for complete dominance and what it may mean for all of us.
DHL Express has added two large freighters to its fleet to bolster service between the Asia-Pacific and the U.S. and Europe, in response to “exponential” growth in shipment volume. The […]
Air cargo carriers can barely keep up with demand. International passenger airlines are desperate for more traffic. But the two segments are inextricably linked, for better or worse.
Lufthansa Cargo and DB Schenker are flying carbon-neutral weekly routes from Germany to China, using carbon offsets and sustainable aviation fuel.
Gloom and doom could soon turn to sunny skies for U.S. airlines. It’s another story for international carriers, but everyone is managing heavy debt loads from COVID. Carriers will be more selective about what routes they fly in the future.
Pilots at Western Global Airlines are unionizing.
The company restores guarantees on domestic next-day air deliveries and U.S. air imports and exports.(Photo: Flickr/Tomás Del Coro CC BY-SA 2.0)
The air cargo industry quickly pulled together to deliver critical COVID vaccines and PPE last year. The same type of teamwork can be applied to other social needs, such as the environment and diversity, air cargo leaders say.
The company restores money-back guarantee on next-day air products and much of its international express portfolio.
The A380 has mostly been a bust as a giant passenger plane. Now Airbus is trying to salvage some value by offering to convert passenger planes into full-time cargo planes. But there’s a twist. Passengers will still ride along on the top deck. Will airlines buy in?
Amazon Air has hired Canadian all-cargo carrier Cargojet to provide crews, maintenance and insurance for two aircraft it plans to use to move e-commerce parcels.
Starting April 5, the company will resume refunds for late or missed next-day air deliveries.
ASL Airlines United Kingdom on Monday flew its first cargo flight with an ATR 72-200 turboprop freighter. It is the first carrier to receive an air operator certificate from the […]
You think you can just book your cargo on a plane to avoid the ocean shipping congestion at the Suez Canal? Guess again. Freighters were flying full even before the Ever Given got stuck, so finding space will be very difficult.
DPDHL is making large commitments related to sustainable aviation, electric last-mile delivery vehicles and social impact projects in its recently released sustainability road map.
Ghost flights — passenger aircraft with no passengers, only cargo — were never a thing before the coronavirus pandemic. In the past year, airlines have operated thousands of passenger aircraft as mini-freighters. Who are the industry leaders?
Welcome aboard, freight customers. You’re now flying CMA CGM to the U.S. East Coast instead of taking a container ship.
Trade is bottled up around the world and part of the problem is the difficulty in getting seafarers and pilots back and forth across borders.
Air Transport Services Group is riding the e-commerce wave. It’s expanding its fleet to meet demand from Amazon and other customers.
Digital transactions are necessary as air cargo volumes grow, but setting up those IT links can be tedious. The International Air Transport Association has a new tool to make that process much easier.
USA Jet Airlines, a small cargo operator, is converting old MD-88s into freighters. Airlines gave up on this plane, so why is anyone investing to reuse these aircraft?
One of the Kalitta cargo companies is trying to stop a small Mexican airline from providing cross-border service between Mexico and the U.S., a market that it serves too. It doesn’t want free trade in transport services because it might cut into its business.
Hong Kong has ratcheted up quarantine requirements on inbound pilots, escalating tensions with the U.S. and impacting the operations of express carriers UPS and FedEx.
The company moves to broaden its footprint and introduce services as it posts stellar fiscal 2021 third-quarter results.
Smith sees no let-up in the demand for the company’s services.
Sun Country normally flies to sunny destinations. But with Amazon as its cargo customer, it’s heading to Fairbanks, Alaska.
There’s no time for deliberation these days if you want to get high-value cargo shipped by air. It’s a strong seller’s market in the air cargo world. If you see it, book it and don’t worry about the price.
Chicago Rockford and Cologne Bonn airports operate under the shadow of Chicago O’Hare and Frankfurt airports. But they are rising stars in the cargo arena and have decided to pool their resources.
Edmonton International Airport is investing in more cargo capacity to support e-commerce and other industries that increasingly are seeking air transport.
E-commerce is the growth engine for air cargo. It’s why DHL Express just added a new air/parcel hub in Milan, Italy.
Icelandair is raising capital with a sale-leaseback of two large jets and then turning them into freighters. It’s an innovative move.
E-commerce is like a monster that can’t be contained and Amazon is growing with it. The online retailer just bought some aircraft for the first time. Now it has bought a piece of a cargo airline.
FedEx pilots want the company to stop releasing crews into Hong Kong for rest periods because of aggressive testing and quarantine restrictions that subject them to infection and loss of personal freedom.
Rockford International Airport is fast becoming an air cargo hub. Amazon and UPS have big operations there, and construction is underway to increase capacity for freighters and storage for new customers.
Air cargo is a good news, bad news story this year. Shipment volumes are at pre-crisis levels. But cargo is joined at the hip with passenger airlines, which are cutting more flights and struggling to survive.
Boeing 767s are coveted by all-cargo carriers. LATAM Airlines is doing an in-house swap of passenger planes to its cargo division, which will send them to Boeing to convert into freighters.
The company sets ambitious fleet electrification goals and establishes a center at Yale University to research climate-capture techniques.
Brian Whitley’s airfreight business has been growing rapidly, but the events of 2020 forced him to adapt to quickly changing conditions.
Kalitta Air pilots on Tuesday ratified a new collective bargaining agreement, which the Air Line Pilots Association says significantly improves retirement benefits and working conditions. The four-year labor contract covers […]
The airline industry took a massive punch from the pandemic last year, but most carriers have stayed on their feet. Airlines and their employees say Congress should inject one more dose of aid for jobs so they can start flying more quickly once vaccinations increase and people are ready to travel.