Delta Air Lines cargo revenue drops 36% on slow freight demand
Delta Air Lines cargo revenue fell by more than a third in the third quarter, reflecting weak market conditions.
Delta Air Lines cargo revenue fell by more than a third in the third quarter, reflecting weak market conditions.
UPS has stopped flying to Israel while competitors DHL and FedEx have maintained air service to the country, which is at war.
The traffic jam of freight at Qantas Airways facilities in Australia is slowly abating as the airline makes efforts to remediate problems caused by a new cargo system.
FedEx and UPS have paused flights to Israel, while DHL continues to operate to the capital city of Tel Aviv.
U.S. freighter lessor ATSG makes its first sale in Bangladesh.
International freight forwarder Flexport is undertaking a second round of mass layoffs this year.
Qantas Freight is still scrambling to recover from an IT meltdown that has gummed up its air cargo network.
Amazon has added the first of 10 Airbus A330 freighters to its fleet.
A FedEx cargo airplane made a hard landing in Chattanooga, Tennessee, after a landing gear failure.
Qantas’ freight division had trouble smoothly deploying a new cargo reservation system and shippers are livid about lengthy delays moving their goods.
Azerbaijan cargo airline Silk Way West took delivery of its first Boeing 777 freighter.
Amazon Air is downsizing operations at Leipzig/Halle International Airport.
Tim Strauss has transformed Amerijet into a competitive, midtier cargo airline, but it hasn’t been easy. On Tuesday, Strauss resigned.
DHL Express rate hikes take effect Jan. 1.
August was a better month, but express carriers are still flying less than they were a year ago because of slow shipping demand.
Air Transport Services Group has not been forced by primary customers Amazon and DHL to significantly trim flight activity, as originally expected.
The Federal Aviation Administration and Customs and Border Protection are two key agencies involved in goods movement that will be short-handed if the government shuts down nonessential services.
WestJet Cargo and Lufthansa Cargo are connecting new cities to their narrowbody freighter networks.
Another top-level cargo executive for a Middle Eastern airline has found a new job. Atlas Air, which leases and flies cargo and passenger aircraft for airlines, logistics companies, sports teams […]
DHL is moving its A300 fleet from Asia because the region doesn’t have sufficient aerospace support services for the aircraft.
Air Canada is backing out of a deal to buy two large 777 freighters from Boeing.
FedEx’s fiscal first-quarter results give efficiency the nod over growth. (Photo: Jim Allen/FreightWaves)
Air Belgium says it never recovered from lost business during the COVID pandemic, in contrast to most passenger carriers. It says it can’t make money selling tickets to consumers and will focus on doing business with other airlines.
All Nippon Airways will soon function in one place at Narita Airport instead of at decentralized cargo warehouses.
DSV is a logistics company, not an airline, but it is strategically adding freighters it controls through long-term leases based on demand in certain lanes.
Clearjet combines narrowbody aircraft lift and regional ground parcel delivery carriers to offer air service at ground rates.
BNSF is a multibillion dollar freight railroad. Northern Pacific Airways is a tiny airline that has been in business for less than three months. BNSF says the airline is infringing on a trademark it owns.
Hawaiian Airlines hopes to parlay its advantage operating A330 jets into a larger air transport partnership with Amazon.
Too many freighter aircraft, especially single-aisle passenger conversions, are entering the market and lowering lease rates. But production continues to hum because cargo operators need more aircraft over the long term to support e-commerce growth and replenish aging fleets.
Flexport CEO Ryan Petersen says he has returned to rescue the company after Dave Clark wore out his welcome.
A DHL airline has begun providing regular connectivity to Argentina within the DHL parcel network.
The Department of Labor is investigating Western Global Airlines’ founder for allegedly enriching himself at the expense of employees who bought equity in the company.
FedEx’s 2024 rate increases highlight the many moving parts that UPS will need to manage.
UPS Inc. is offering pilots an early retirement package to reduce payroll amid declining package volumes. The integrated parcel and logistics giant confirmed Thursday it wants to trim senior pilots […]
The U.S. is pressing Mexico to review a complaint by pilots at Mas that they were harassed over associations with a labor union.
Avianca is investing in capacity and quality control because it sees growth opportunities in the Latin American air cargo market.
Lufthansa Cargo no longer has to truck shipments back and forth to Detroit Metro Airport from an outside warehouse after opening a facility next to the airfield.
Nearly 5,000 civilian pilots may be providing false information — or excluding it — during their medical examinations in order to continue flying, according to the FAA.
Boeing has found an aviation services company in Jordan to carry out cargo conversions of used 737-800 jets.
The FedEx and UPS fleets are flying less, but Amazon’s flight activity is up as the shifting parcel market impacts each company differently.
Toronto Pearson airport plans to replace an office park with a cargo facility with funding from the Canadian government, which is also helping an Inuit-owned airline move more cargo.
Freight booking platform Freightos is working to reduce its cash burn as it continues to grow and add new products.
The air cargo sector was banking on a turnaround in market conditions by this fall, but it might have to wait until late next year unless demand unexpectedly revives.
Smaller airports without big-city crowds offer many advantages to all-cargo airlines and shippers, which are taking more business to those locations.
The current valley in airfreight demand hasn’t spooked Air Transport Services Group, which continues to invest in freighter aircraft for its leasing and airline businesses.
Cargojet trimmed its express flying in Canada, but lower fuel costs and other cost measures made for a relatively healthy bottom line last quarter under weak market conditions.
Second-quarter cargo revenue at Air Canada fell 24% — not so bad in the context of global market conditions.
Cathay Pacific is rebuilding its passenger network after a three-year pandemic freeze, and the network effect is greatly benefiting the freighter operation.
Freighter operator Western Global got in financial trouble when the overheated air cargo market cooled off last year and nearly shut down this summer before getting a financial lifeline from creditors and filing for bankruptcy.
About 1 million daily packages were diverted from UPS and 200,000 more did not enter the system due to lost sales.
Expeditors had a second-quarter financial performance that might be expected from a company active in the air and ocean freight markets.
UPS’ full-year guidance change reflects the volume and cost impact from labor negotiations with the Teamsters.
Western Global Airlines, struggling under a heavy debt load and weak market conditions, has filed for Chapter 11 bankruptcy protection in a Delaware court.
Sun Country Airlines had a strong quarter for cargo thanks to growth in its Amazon business.
Mediterranean Shipping Co., the largest ocean carrier in the world, is expanding its fledgling air cargo airline with an acquisition.
Lufthansa Cargo last year was able to avoid much of the fallout from the shrinking freight market, but the bottom line is feeling the negative effects in 2023.
Korean Air is the latest Asian airline to announce outsize declines in cargo revenue for the latest quarter.
DHL Group forecasts $7.7 billion in earnings before interest and taxes should a recovery take hold early in the second half.
Western Global Airlines could be on the verge of Chapter 11 bankruptcy.
The express division of DHL Group plans to build a large maintenance facility at Cincinnati/Northern Kentucky International Airport, part of a huge investment in the company’s U.S. air network.
All Nippon Airways underperformed competitors by a wide margin in cargo during the last quarter as it prepares to invest in growing the cargo business.
Two of the top three global logistics powers took a big profit haircut during the second quarter and aren’t very optimistic about a seasonal upturn in shipping.
Hawaiian Airlines is starting an in-house cargo airline that will fly dedicated routes for Amazon Air starting this fall.
A new London-based airline called One Air has begun commercial freighter service. The odds for survival may be daunting unless it can expand beyond a single aircraft and the market improves significantly.
Los Angeles International Airport has partnered with former NBA superstar “Magic” Johnson and others on planning a wholesale redevelopment of its extensive cargo facilities.
FedEx pilots have voted down an upgraded contract that would have raised pay scales by 30%.
It will be difficult, if not impossible, to avoid a mess if shippers haven’t laid out contingencies for a Teamsters strike against UPS.
Ontario International Airport has approved a large cargo development for DHL Express to support express delivery on the West Coast.
Mediterranean Shipping Co. is part of a new breed of ocean carriers trying their hand as cargo airlines.
American and United airlines enjoyed highly profitable second quarters, but their cargo businesses were a downer.
Maersk Air Cargo is growing its small U.S. footprint with a cargo facility near the Atlanta airport.
The Teamsters union says UPS bowed to union pressure to resume talks. UPS says it is “pleased to be back” at the table.
Union pilots at UPS are ready to show solidarity with Teamsters workers if there is a strike, which would ground UPS Airlines.
The hiring of John W. Dietrich as CFO is part of a broad finance revamp at FedEx.
The decline of air cargo is less severe than earlier this year, but a bearish case for a counter-seasonal, second-half dip is gaining momentum as freight forwarders undercut each other on prices to win customers.
Amazon is dialing back flights for its European cargo airline. The third party operating those flights has let go nearly 30 pilots.
Delta Air Lines has seen cargo revenue slide by more than a third in the past year.
Freightos, a digital marketplace for international air and ocean shipping, announced Tuesday that it will reduce staff levels by 13% and lowered its full-year outlook again in an effort to […]
The Cargo Airline Association has a new president for the first time in 40 years.
Rickenbacker International Airport in Columbus, Ohio, caters to cargo. It is targeting the medicine, vaccine and biologics business with a new temperature-controlled facility.
A major air cargo terminal in Hong Kong is deploying robots to monitor security and damaged shipments.
Cargo pilots at Western Global Airlines are in the difficult position of negotiating their first collective bargaining agreement as questions mount about the company’s ability to stay in business.
Amazon’s private airline that outsources cargo flying to third parties has ended its partnership with Silver Airways, a small regional carrier that operated five small ATR72-500 turboprop planes on small […]
DHL Express cut the ribbon Thursday on the first hub ever opened in Atlanta by an air express carrier.
Western Global Airlines has hit hard times, losing Amazon as a primary customer, piling up debt and facing at least two lawsuits.
Mexico is kicking out freighter aircraft from the country’s busy international airport to address overcrowding. The move to another airport is creating headaches for airlines.
The Transportation Security Administration’s grace period for “impossible-to-screen” shipments is ending soon. They won’t be allowed to fly overseas unless companies adopt existing security programs.
Amid waning revenue, Amerijet is laying off 15 workers after signing an expensive contract with its pilots.
Western Global Airlines appears to be winding down operations for a potential bankruptcy.
A developer has completed a sophisticated cargo terminal at Chicago O’Hare airport. The tenant has moved in. But cargo planes can’t pull up to load and unload because of construction delays for a new taxiway.
ASL Airlines United Kingdom has two cargo planes in its fleet after receiving a Boeing 737-800 converted freighter.
FedEx is downsizing its fleet again during the next 12 months to match weak international and domestic package shipping demand, and save money.
Express operations will be in charge of FedEx’s unified Ground and Express network in Canada.
A bad pilot decision at the outset of an emergency on a Transair freighter cascaded into more mistakes that resulted in a crash landing at sea off Hawaii two years ago, investigators said.
The first order for cargo jets at the Paris Air Show only involved two planes and is for converted, not new production, freighters.
About $2.3 trillion was spent to keep the nation’s logistics system operating in 2022, according to the 34th State of Logistics Report.
U.S. law protects American carriers from foreign competition on domestic routes. Two carriers want the government to give them first crack at contracts to fly disaster relief to Guam.
Cargo airlines and third-party logistics providers are crossing their fingers for a resurgence of air shipments by October. But indications are increasing that the peak season may go out with a whimper.
The board of the FedEx pilots union has endorsed a contract agreement and sent it to members for an up-or-down vote.
Alliance Ground International is on an acquisition spree that aims to take it from a midsize domestic ground handler to a global service provider at airports around the world.