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
Even in the best of times The Last Frontier is a challenging place to deliver food, fuel and other goods.
The cost of jet fuel burn is burning a hole in the pockets of air express shippers.
Quick acquisition broadens 3PL giant’s portfolio.
Also today: going to jail for bogus CDLs; ecommerce driving the Canada Post labor dispute.
Higher surcharges to carry through peak season.
Company expands time-definite delivery portfolio
Trump going the wrong way on trade, FedEx founder says
Boeing predicts a positive growth in international air cargo volumes over 2018, with volumes spiking during the festive winter season when businesses rush to put products on the shelves ahead of the consumer shopping spree.
Continuing efforts to fight what he says are unfair trade practices, the administration of President Donald Trump announced the U.S. will pull out of the Universal Postal Union (UPU) treaty, which sets how much can be charged for international shipping.
Deal for Australian freight forwarder and customs broker to increase exposure to growing regional economy.
The FreightWaves Research Institute has announced the list of 55 voters who will be choosing the inaugural winners of the Freight.Tech 25 awards, and it’s who’s who of freight leaders.
From on-demand trucking to blockchain, loadboards and freight matching, the list of companies bringing innovative technologies to the freight industry is growing by the day, which makes the 100 that have made the cut to be honored by the FreightWaves Research Institute as part of its inaugural Freight.Tech 100 all the more special.
It started with an open nomination period, and after culling through hundreds of submissions, the FreightWaves Research Institute has announced the inaugural Freight.Tech 100 companies.
The city hopes to use its role as a landlord to help move truck traffic on to barges and to trains.
Air freight prices continued to rise this week as capacity tightened, ushering in the beginning of peak season, according to a STIFEL conference call focused on TAC Index’s role in air cargo market intelligence.
Coverage of three companies were launched with a “buy” rating, while three of them got “hold” ratings.
Last week, analysts from Morgan Stanley—Rajeev Lalwani and Kai Pan—released a note listing the compelling reasons Berkshire Hathaway (NYSE: BRK.A) should consider buying Southwest Airlines (NYSE: LUV).
The company reported good growth in air freight.
Revenue growth for the ocean and air 3PL was strong, but margins at Expeditors tightened.
The asset-light expedited LTL carrier posted strong volume and yield growth, and is tacking on intermodal businesses by M&A, but playing catch up with its truckload brokerage.
UPS reported strong revenue supported by pricing and targeted growth initiatives during its second quarter earnings call Wednesday. Adjusted earnings per share climbed 23 percent to $1.94, and total revenue was up nearly 10 percent.
