Air Cargo

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.