Air Cargo

Ethiopian Cargo has added weekly service to Bangkok and Hanoi, Vietnam.

Citing declining volumes and hinting at a loss of customer support, Volga-Dnepr Group has replaced the general director of its AirBridgeCargo airline.

ATSG and Atlas Air continue to fight a contract battle with their pilots union as Amazon, which uses both airlines, watches closely with peak season approaching

Qantas announces a test program to fly nonstop from New York and London to Sydney. This long-haul flight may also present cargo opportunities.

Freight tonnage will grow 25.6 percent by the end of the next decade, the American Trucking Associations (ATA) predicts in its annual ATA Freight Transportation Forecast: 2019 to 2030.

The U.S. Justice Department said American Airlines has agreed to pay a $22.1 million civil penalty to resolve allegations that it falsely reported the times it transferred U.S. mail to foreign postal services.

Cathay Pacific expects “a much more significant impact” to revenue in August as recent unrest in Hong Kong will likely weigh on its financial results.

WiseTech (ASX:WTC), a global provider of advanced logistics software, has reported a whopping 57 percent growth in revenues and a massive 37 percent net profit after tax for its full 2018-2019 financial year. Revenues generated in the last financial year stood at A$348.3 million and net profits were $54.1 million.

A new app aims to streamline household moves, plus China shipping empty containers to Europe and air cargo volumes drop again.

Zoos and aquariums rely on the expertise of logistics professionals to safely and humanely relocate live animals

Logistics provider LBC Express (PSE: LBC) of Manila, the Philippines, has reported a massive rise in revenues in the second quarter of 2019 but a big slump in net profit after tax.

Ohio-based container yard/terminal management software system Depot Systems has today been bought by Sydney, Australia-based WiseTech Global (ASX: WTC) for an undisclosed sum.

U.S. Customs and Border Protection systems at airports nationwide encountered an unexpected outage Friday afternoon, leaving passengers waiting in extremely long lines, according to multiple news outlets. “CBP is experiencing […]

Expanded flight offerings will make moving goods between the U.S. and U.K. more convenient.

FreightWaves, the industry-leading provider of 24/7 news, data and analytics for the global freight and logistics markets, announces the start of the nomination process for the 2020 FreightTech 100 Awards. […]

Rupert Hogg, CEO, and Paul Loo, Chief Customer and Commercial Officer, have both quit their jobs at Cathay Pacific. The company has appointed two replacements.

The July Cass Information Systems Inc. Freight Shipments Index sounded dire warnings for an economic contraction following the eighth consecutive month of negative year-over-year numbers.

Avianca continues to dispose of aircraft during its financial restructuring.

Volatility appears to be the only certainty for transportation stocks as trade concerns loom. The transportation stocks walked through a less than stellar earnings season, but renewed trade concerns has them bouncing about.

Vancouver-based GTO Global Logistics acquired by Air Menzies International, providing “an important advantage a major global trading route.”

As protests continue at Hong Kong International Airport (HKIA), the disruption has not caused major delays in air cargo shipments or dramatic increases in rates, experts told FreightWaves. Protests at […]

Ongoing political unrest has taken its toll on business sentiment throughout Hong Kong.

Amazon nears U.S. release for Prime Air drone deliveries.

In Texas, several major and regional airports posted large increases in air cargo trade for the first six months of 2019. Amarillo International Airport’s trade with the world rose a […]

Dickson will take on oversight of Boeing 737 MAX grounding.

Learn about the six most common reasons cargo gets delayed during the customs process.

Canada’s largest airline gets backing from Transat’s largest investor for C$720 deal after real estate developer attempted to block acquisition.

Continued cancellations could have a marked impact on air cargo.

All flights into and out of Hong Kong have been shut down by the Hong Kong Airport Authority owing to the occupation of the airport by protestors.

Cathay Pacific Airways has suspended a pilot that was charged with rioting at a protest in Hong Kong. The airline will also comply with new Chinese aviation demands.

21 Air has been cleared for takeoff by the Department of Transportation for air cargo service between the U.S. and Mexico.

The Chinese government forced Cathay Pacific to sideline some of its staff. That could mean tighter rates for other airlines.

Many of north-east Asia’s mega ports are directly in the path of two super-typhoons. The first is about to blow in from the Pacific and will make landfall within the next few hours.

In partnership with Slync… learn about how predictive exception management can keep freight flowing smoothly.

A supply-demand imbalance and oceanic low-sulfur fuel regulations are making air freight more attractive relative to ocean freight. Or, at least, that is what air carriers hope.

For AIT President and CEO Vaughn Moore, trusting the company’s process is more important than chasing any particular outcome.

Cathay Pacific is the latest in a string of airlines to cite trade tensions as the reason for plummeting cargo segments.

Deutsche Post DHL posts single-digit revenue, profit gains, lifts low end of full-year earnings view

North Asia revenues were down 8.5 percent, but EXPD improved productivity.

Delta Cargo has chosen FreightWaves SONAR for global freight intelligence and data analytics.

While the passenger side has been experiencing growing demand, the industry’s overall profitability is still being dragged down by the smaller cargo side.

CARB is making $40 million available in the form of vouchers to reduce emissions. Eligible equipment includes everything from rubber-tired gantry cranes, to airport cargo loaders to truck and trailer refrigeration units.

After a nine-year absence, Japan Air Lines resumes scheduled air cargo service in deal with Kalitta Air Photo: Flickr/Bill Wilt)

This is AIT’s third acquisition in the past year.

The U.S.-China trade war has dropped trade volumes between the two countries to date in 2019. One result – Mexico is now the #1 trade partner of the U.S.

The new tariffs, announced a day after the Fed cut rates, will affect mostly consumer goods.

With air cargo slowing, could there be any bump up in August?

Morgan Stanley, Susquehanna, and Deutsche Bank cut their price targets; Stifel maintained.

At 10:30 a.m., its price was down almost 16 percent.

US DOT awards $478 million in airport infrastructure grants to 232 airports in 43 states.

Ceva Logistics posts weak first-half results, pressured by economic weakness, subpar airfreight volumes and loss of big ocean contract

Market expert Jesse Cohen writes about the fascinating movement of cars around the world via air cargo.

Jens Bjørn Andersen, chief executive officer, said the company was “very pleased with the strong results for the second quarter of 2019. Global transport markets are soft – especially within air freight, but DSV has managed to outgrow the market while still delivering market leading profitability.”

Eternity México recently launched ELIS, a new cloud-based platform to track international freight shipments in real-time between major markets from Asia to Latin America. ELIS (Eternity Logistics Intelligent System) was […]

CHRW grew net income by 6.3% but increasing earnings per share by 8% with buybacks.

The company attributed the revenue slip to pricing and volumes, especially on routes between Europe and Asia.

Freight revenue drops by 12.1 percent, led by a more than 20 percent plunge from airline’s Pacific routes.

When a patient is waiting on an organ to arrive in order to receive a life-saving transplant, every moment matters.

How will Pittsburgh Airport build on its air cargo success so far?

Germany’s DB Schenker is joining the ranks of logistics companies that aim to bring cargo booking online. One of the top five freight forwarders in the world, DB Schenker said […]

Purchase of Worldwide Perishables Canada expands perishables business of world’s largest freight forwarder.

Looking ahead, Herdman expects air cargo numbers to remain weak due to moderating global business optimism levels and stalled progress in trade negotiations.

Furniture-makers may face long slog in adjusting to tariffs on Chinese imports; Autonomous freight trains to be tested

Logistics provider Flexport Inc. has filed a lawsuit against Western Global Airlines, alleging the company failed to provide proper freight transportation.

E-commerce packages are flooding the U.S. The vast majority contain legal products, but U.S. Customs and Border Patrol worries about those that contain illegal or dangerous products.

Amazon’s q2 shipping costs soar as costs of one-day delivery launch exceed estimates

Flexport’s customers have seen average landed unit costs rise by 30 percent due to tariffs.

Mostly ignored in the B2C rush, small business in the B2B realm are getting a seat at the e-commerce table.

After years on the transport mat, next day air flies off as UPS volume surges

U.S. next day air volumes set the pace for UPS’ second-quarter results

Criminal syndicates are smuggling huge volumes of methamphetamine around the globe by hiding it in the lawful flow of freight. Find out where meth flows, how it flows, and who profits as it flows.

UPS launches a slew of products in arguably its biggest one-day portfolio change in its history

Alibaba re-arranges the US B2B e-commerce landscape by opening its platform to US sellers

Kuehne + Nagel (K + N) said it is cautiously optimistic on the outlook for the second half of 2019, but it will be a “tough ride in a tough […]

Ecommerce continues to grow and Amazon and its competitors continue to innovate and grow. Read insight into the phenomenon by Anothy Smith.

Scott Case writes about what recent FAA grants mean to airports and to the movement of airfreight and air cargo.

Pittsburgh is undergoing something of an economic renaissance, and a recent partnership between Sri Lanka-based freight forwarder Expo Freight (EFL) and Qatar Airways Cargo highlights the city’s efforts to become a relevant player in global logistics.

Four months into the MAX grounding and several more to go, what’s the latest on the air cargo impact?

Cargo aircraft lacking reinforced cockpit doors, firefighting response on the ground.

Freightos, the software as a service (SaaS) platform for the freight industry, is building an online pricing and booking platform for air cargo for one the biggest airlines in the […]

Drones could someday deliver thousands of packages a day, but who will monitor all this air traffic?

Marken has acquired three European companies based out of central and eastern Europe, to expand its geographic footprint in the pharma and life science logistics segments.

Scott Case writes about the troubles Boeing is having with its 737MAX, as well as with its 787 Dreamliner. Learn the latest in this commentary.

Boeing’s (NYSE: BA) 737 MAX planes might not return to service until next year because of software and other issues that still need to be fixed.

Brian Aoaeh writes about changes that need to be made to the food supply chain to deter food waste and food loss.

Latest U.S. trade data for air cargo reveals a lot of noteworthy developments to watch going forward

Three-judge panel says lower court acted properly to block union pilots from slowing down Atlas Air’s operations during contract talks

Atlas Air has won an injunction ordering pilots that have been staging sickouts and delays to stop the practice.

Cathy Roberson writes about Beijing’s new airport – and plans for many new airports in China and what impact they may have on the economy of the country.

FedEx preaches patience and looking beyond FY2020’s results. It will be a tough sell.

Airfreight volumes worldwide remained weak in May. However, there may be modestly brighter skies ahead in the second-half of 2019

Softer air cargo seen across all major global trade lanes this year, but Industry leaders still optimistic.

Proposal estimates millions saved for manufacturers such as Boeing

Brian Aoaeh has written a thought-provoking commentary on the impact of climate change on supply chains, and what governments, companies and startups can do to mitigate supply chain disruptions.

FreightWaves, the leading source of news, data and insights for the freight markets, has acquired American Shipper, a leading news publication serving the global shipper community.

Cathy Roberson writes about Vietnam’s growth as a manufacturing center as manufacturing moves from China to other nations in Southeast Asia.

The U.S. and China habve agreed to resume trade talks, a break in the nearly 2-month stalemate which has affected trade flows and spawned uncertainty among businesses

In March and April, Amazon handled 45 percent of its own packages.

Air Canada (TSE:AC) will acquire Transat A.T. (TSE:TRZ), the parent company of Canada’s third-largest airline, strengthening its position as the country’s dominant carrier.  The companies announced on June 27 that […]

Air cargo wait times really vary between airports