Amazon breaks ground at Kentucky air hub
Amazon.com breaks ground on its air hub in Cincinnati suburb of Hebron, Ky
Amazon.com breaks ground on its air hub in Cincinnati suburb of Hebron, Ky
Amazon has broken ground on its Kentucky air hub, which will bring 2,000 jobs and up to 100 planes to the area.
UPS triples the number of destinations for Saturday export service to US.
Good day, Truck makers have been insisting that medium-duty truck owners are starting to look for the same type of data analytics and remote diagnostic capabilities that long-haul operators have […]
Forward Air names Chris Ruble COO, Matthew Jewell chief commercial officer
Kuwait, Middle East-based logistics provider, Agility, generated consolidated revenues of 378.8 million Kuwaiti Dinar (US$1.25 billion) in the first quarter of 2019, the company reported today. That’s a 1.9 percent increase on the revenues generated in the first quarter of 2018.
Cathy Roberson, an aviation market expert, writes about the effect Amazon is having on U.S. airports.
Beijing has sworn to institute countermeasures to combat a huge increase in tariffs, from 15 percent to 25 percent, that have been imposed by Washington on $200 billion worth of a wide range of Chinese goods. A set of high-level, last-minute, talks yesterday to postpone or prevent the tariffs failed.
Freighter aircraft deployments and additional business handled for the U.S. Department of Defense helped raise first quarter earnings and revenue by double-digits for cargo aircraft leasing company Air Transport Services […]
Brexit has not been explicitly blamed for the sale of Bombardier’s Northern Irish operation, but the EU withdrawal is a strong suspect, in putting 3,600 jobs at risk.
Market expert Scott Case has written about the use of dynamic pricing in airfreight. Long-used to sell passenger seats on airplanes, dynamic pricing is new to airfreight – but will likely be used extensively going forward. Read Scott’s take on the why’s and wherefore’s of the move.
Company looks to get sticky with SMB traffic with one-month initiative.
No stakeholder will be spared the consequences of the move.
Company about to move the delivery cheese again.
Is US airfreight due for a resurgence after 20-year hibernation?
World’s largest ocean freight forwarder sees volume growth thanks to Asian export markets and its niche plays in pharma and healthcare.
Bottom line comes in light. Investors wary to unimpressed.
After two deadly crashes involving its 737 MAX rattled the company, Boeing (NYSE: BA) is expected to report its earnings Wednesday, highlighting the financial toll of the flawed aircraft.
In the wake of the 737 MAX crashes and subsequent worldwide grounding of the aircraft, Boeing reports its earnings, which are down for the quarter.
Cathy Morrow Roberson explains what makes Miami International Airport (MIA) special, and what the airport, airlines and air cargo companies are doing at that particular facility to facilitate cargo. Learn more about MIA in this article.
The “e-Commerce Revolution” is the hot topic for the upcoming CNS Partnership Conference next month in Miami. FreightWaves interviews CNS President Michael (Mike) White for an inside look at the e-commerce challenge for the air cargo industry and how the conference will tackle it.
The U.S. is proposing $11 billion in tariffs on European Union goods because of allegations that Airbus received that amount of subsidies when it launched the Airbus 380, thereby harming U.S. interests. Read Jesse Cohen’s explanation of the articles proposed for tariffs and what the tariffs might do to the air cargo and maritime industries.
Air cargo market expert Jesse Cohen writes about the ongoing efforts to increase security in air cargo operations. Read about the latest measures and how they impact the movement of freight.
Air cargo volume in Europe continues to decline. Read market expert Cathy Morrow Roberson’s take on the reasons why this is occurring and if there are options available to improve the volume.
American Airlines has lengthened the grounding of its Boeing 737 MAX 8 aircraft through August 19. American joins other airlines in this action. What is Boeing doing to fix the aircraft, and what is the FAA doing from a regulatory perspective?
The grounding of all Boeing 737 MAX aircraft has caused many problems; it has also created an opportunity for freight forwarders. Read a market expert’s take on the situation.
WebCargo by Freightos has acquired India-based Air Freight Bazaar, with the intent of expanding its footstep in global air cargo digitalization.
Global air freight demand hit a three-year low in February, down 4.7 percent from last February, according to data released by the International Air Transport Association (IATA)
Around the world, consumers are clamoring for more seafood. Read how airlines and airports are working to move more seafood more quickly around the world.
Sabrewing Aircraft Company has developed an unmanned vertical take-off and landing (VTOL) cargo aircraft that is now closer to being a commercial reality, with it getting an order for 10 aircraft from the Aleut Community of St. Paul Island (ACSPI).
Busy border city 22nd Mexican market to get UPS service.
Air cargo volume is down year-to-date. Learn what air cargo companies are doing – and not doing – to generate greater volume and revenue.
The drop in cargo ton miles was consistent with market expectations.
Auto sales are declining, but the National Automobile Dealers Association still expects strong sales for 2019, plus the one area where Amazon is losing and opposition to Canada’s carbon tax grows.
In part two, the company’s global airfreight market report is featured and provides a demand outlook for global airfreight by region along with insight on cost inflation, capacity and pricing.
Today’s Pickup: March 27, 2019
Service first FAA-sanctioned drone flight for routine, contractual deliveries.
Bendix is now making its advanced safety systems available for retrofit for models where it was not factory-installed. Plus, U.S. finds little support for postal rate changes, detention time increasing and air cargo boom may be over.
The U.S. may move ahead with its plan to withdraw from an international rate setting forum if a compromise allowing countries to self declare rates falls through.
20% revenue growth YOY on cargo and mail helped a lot.
The entire Boeing 737-MAX fleet is now grounded following an FAA decision that followed similar decisions by China, the U.K. and others.
Digital tenders of DG documents now in effect for air commerce.
Digital communications making progress, but not as fast as hoped
Colleran replaces Subramaniam in the post.
If the world’s fleet of 737 MAX 8 aircraft were to be grounded for some period of time until a fix is found, how much impact would that have on air cargo?
CEO Appel says 2019 restructuring of postal, e-commerce unit to drive 2019 profitability.
Over the last several years, Columbus Rickenbacker airport has emerged as a key and growing alternative U.S. gateway for international air cargo.
The UK’s consultation paper on the airline and airfreight business, called Aviation 2050, predicts that hybrid electric/hydrocarbon jets could be operational as early as 2035, as environmental and technological issues are set to dominate future developments.
Export weakness, geopolitical uncertainty weigh on demand.
Aviation apps are gaining popularity among pilots, and the ForeFlight product has gained significant traction in business aviation.
The Anchorage airport has built its reputation on location, location, location. But the facility also boasts an operations advantage that many carriers don’t know about.
NTSB will look at the potential for hazmats such as lithium-ion batteries as a contributing factor in last week’s Atlas Air crash.
Columbia Transport, based in Italy, joins the Blockchain in Transport Alliance.
Asparagus from Mexico and California moves around the world as air cargo from Los Angeles International Airport.
Express firm adds 17 origin markets in Mexico for samples deliveries to U.S. labs.
Firm cuts debt load nearly in half, shows single-digit top-line growth in freight management, contract logistics.
Online freight booking systems can streamline the process for booking air and ocean freight, solving several significant challenges along the way.
World’s largest ocean freight forwarder continues to grow volume, but impact of liner alliances also take toll on margins.
As the U.S. government works to ease restrictions on where drones can fly, they could become an attractive target for hackers.
Crash scene one of `total devastation,’ witnesses say.
An Amazon Prime cargo jet operated by Atlas Air Worldwide Holdings crashed today near Trinity Bay near Anahuac, Texas, killing all three crewmembers, according to the Federal Aviation Administration.
A solid quarter, year despite decelerating sequential net revenue.
A solid year with more on tap for 2019, Atlas says.
Airbus is ending production of the A380. Those in air cargo won’t miss the plane, because as big as it is, it doesn’t hold that much cargo!
Largest global logistics company aims to leverage local partnership for further inroads into China’s market.
After years of development work, TSA’s approval for third-party canine screening should provide faster and more accurate air cargo acceptance and security screening, and reduce truck detention at airports.
Raj Subramaniam steps up as Bronczek retires.
Swissport will acquire the remaining 50 percent of Heathrow Cargo Handling Ltd. (HCH) it does not currently own from Air France, its joint venture partner. Swissport announced the acquisition on February 11.
A weak December pulled down full-year volumes, trade group said.
Small, yet powerful satellites can now be deployed for just a fraction of the cost of more traditional satellites, potentially changing the way logistics companies access location and other data for assets.
Overall cargo volumes on Australia’s air routes have increased, according to the latest data from the federal government’s Bureau of Infrastructure, Transport and Regional Economics.
Australia is experiencing growth in volumes of inbound international air cargo, new official figures show. Freight volumes from overseas airports to airports in Australia grew by 7.3% in the year ended November 2018.
Stanley Robotics has designed a droid system that can park cars at airports, that will be trialled at Gatwick later this year. And this system could be adapted for airfreight according to freight equipment supplier LLM.
Swiss freight forwarder says 2021 strategic plan should make Ceva worth more as independent company.
A former NTSB executive tells FreightWaves that “perishable information” critical to freight accident investigations is at risk of disappearing.
The Federal Aviation Administration (FAA) announced on Twitter on Friday morning that delays would affect LaGuardia International Airport and Newark Liberty International Airport due to the effects of the government shutdown, potentially delaying air cargo operations at these airports.
Analyst Bruce Chan at Stifel praises the reorganization at the company that suffered an accounting scandal and sees the base being laid for future growth.
FedEx started with Flying Cargo in 1990.
‘Swedish furniture,’ along with an IT refresh and 24 percent share premium, may factor in combining two top freight forwarders.
Saturday pick-ups to be processed the same day; arrivals come a day earlier
Dry van rates hit air-pocket last month and lose altitude; but other indicators of freight economy still looking up.
Storing real-time data from aircraft and sea vessels on the cloud has been subject to a lot of debate, as the data that gets transmitted could be hacked in by people with nefarious motives. Blockchain could be a respite.
Seko shifts from agency relationship to in-house operation.
FedEx promises fast action to fix FedEx Express’ TNT Express network.
Flat November demand first time in 31 months global market hasn’t expanded.
TAC Index Managing Director Peyton Burnett demonstrates his platform, explains how the data is processed, and outlines the potential for the derivatives market based on reliable air cargo price discovery.
Tuck-in type deals may be on the way, top marketing executive says.
Amazon to get warrants that could amount to nearly 40% of ATSG stock
TAC Index Limited announced that four new routes for air freight pricing will be added to its weekly publication.
Aircraft to be converted to freighters over three years
Amazon Air presents a new challenge to legacy air freight carriers by announcing a new hub at Fort Worth Alliance airport.
Are FedEx Express’ international issues macro-driven or company-specific?
FedEx Express hit by rapid decline in international economic activity.
Red Rock Biofuels has locked in contracts to sell its total available volume of clean jet fuel to SouthWest and FedEx
Srini Vasan and Terry Beaudine demonstrate at MarketWaves 18 a blockchain-secured expedited parcel service they claim reduces costs on domestic and international shipments.
How do you prepare for a seismic event experts predict will unleash the worst natural disaster in the history of the United States?
Amazon’s project, expected to be completed in late 2019, is significant in that it will be Amazon’s first regional air facility, and will be the first the company will build from scratch. It may also take on added significance because of the vast logistics ecosystem of which the airport is a part.
Also in the pickup: the sad state of interstate 81; farmers and truckers in the news; Saia’s fourth-quarter status report
If you don’t answer, if you don’t look into their eyes, you lose.”
Air freight carriers face same dilemma as passenger airlines, a dwindling supply of pilots