Business is very soft in the air cargo sector and likely to get softer still, but there are signs that demand could spark up in the second half of the year.
Flexport and Shopify are partnering on a new app designed to reduce the complexity of managing ocean shipments for small businesses.
Aloha Air Cargo is seeking to change an unusual federal limit on its fleet size so it can deliver more mail between the Hawaiian Islands.
Chicago Rockford is moving into the major leagues of cargo airports with big expansion plans and the arrival of a global ground handling agent.
Air Transport Services Group will see its Amazon business dip this year as the retailer decreases freighter utilization to match slower retail sales.
For more than 50 years, a familylike bond has existed between FedEx management and employees. After a round of job cuts unprecedented in scope, that bond rests on shaky ground.
Burrell Aviation has named an ex-Southwest Airlines director to lure cargo airlines to properties it controls at second-tier airports.
Maintenance downtime at Sun Country cut into cargo revenue and growth was limited by slower Amazon e-commerce business.
The day after C.H. Robinson announced disappointing fourth-quarter earnings, the analyst community showed little optimism for the 3PL leader’s near-term future.
Wednesday’s announcement of high-level cost cuts, along with word of 12,000 job reductions in all, has sent shares soaring and analysts reevaluating opinions of the company.
UPS is replacing MD-11s with more fuel-efficient Boeing 767 freighters as reducing costs and carbon emissions become increasingly important.
Hawaiian Airlines faces some headwinds in 2023, including some extra temporary costs to prepare for new business flying freighters for Amazon.
Interim CEO Anderson says cost savings target is $150 million by the end of the year; Global Forwarding drags down Q4 earnings.
Three furry sloths died when the heat stopped working on a Qatar Airways jet during a long delay at frozen Liege Airport
The announcement is part of a reduction of 12,000 jobs since FedEx’s 2023 fiscal year began.
Fly Meta has one aircraft and no pilots, but it plans to acquire four Boeing 777 jets transformed for dedicated cargo carriage.
UPS’ CFO warns of a “bumpy road” ahead, while its CEO extends an olive branch of sorts to the Teamsters ahead of contract talks.
It’s the end of an era for the “Queen of the Skies.” Boeing will make its final 747 delivery on Tuesday, but cargo airlines could fly them for another 40 years.
Ameriflight, an air cargo contractor for big express companies, is considering a large purchase of uniquely designed, semi-autonomous freighters from Natilus.
Martinair, with the help of parent company Air France-KLM, is buying four new freighters from Airbus.
American Airlines generated strong cargo sales in 2022 even as market conditions deteriorated.
FreightTech startup Freightos is raising money through a public offering rather than seeking venture capital.
Air Canada is sticking with a Canadian, Jon Turner, as cargo chief after two Americans in that position left in recent years.
Amazon is still investing in its air cargo network despite cost cuts elsewhere in the company. Next up: India.
A new contract for pilots at Hawaiian Airlines is setting the bar for all-cargo carriers above traditional industry leaders even though the carrier has never flown freighters before.
United Airlines saw cargo revenue dip but exceeded financial expectations in the fourth quarter.
Two Chinese logistics companies have started their own airlines and now have expanded their routes within China, and internationally.
Delta Air Lines carried more than $1 billion in cargo below passengers’ feet last year, setting a company record.
A year ago, shippers were in scrums to find cargo space on airlines. The market has softened considerably and 2023 could see more declines before things get better.
Swissport, a large cargo handler at Chicago O’Hare airport, has finally complied with the city’s requirement for a labor peace agreement, ensuring uninterrupted cargo flow.
Influential logistics provider Flexport says it will reduce its staff by 20% in the face of a looming global recession.
A private investment group is rolling up large chunks of land at smaller airports to develop air cargo facilities.
Alliance Ground International has agreed to give a major union access to workers at its O’Hare airport cargo facilities, averting a potential suspension of operating rights.
Jason Berry was key to getting Air Canada’s new-and-improved cargo unit off the ground but isn’t sticking around to see it reach cruising altitude.
Flexport is hiring top tech talent to scale up its digital logistics platform.
The city of Chicago is pressuring cargo agents at O’Hare airport to make a deal with a powerful union. If they don’t, significant cargo backlogs could occur.
Specialized freighters with nose cones that open are helping National Airlines and its sister logistics company capture more oversize business.
Making money was more difficult for the air logistics sector in 2022, but the future remains bright.
FedEx Express is looking to trim fat at the largest cargo airline in the world and lean on rental fleets to fill in needs.
FedEx must convince stakeholders that it will stay the course on cost reductions.
Several airlines have tapped software interfaces to allow electronic bookings for their cargo capacity.
FedEx’s 2023 second-quarter results proved its ability to quickly slash costs but also showed the damage a demand slowdown is inflicting on its top line.
Air Canada is beefing up ground infrastructure as it develops a new fleet of freighters able to raise transport reliability for logistics customers.
Ocean carrier CMA CGM’s new cargo airline made the unusual decision to stop serving U.S. customers and lease planes to other carriers for a short period.
Cargo traffic for Cathay Pacific fell in November, weighed down by weak demand for Chinese exports. The small bump it enjoyed in October was short lived.
DHL Express is responding to demand for e-commerce with the addition of a new cargo route — this time to the Dominican Republic.
7L Freight is making truck procurement more convenient for logistics companies by combining dynamic rate management with electronic booking.
Japan Airlines will fly freighters for Yamato Transport, which needs airlift to supplement a shrinking pool of truck drivers in Japan.
Freight management companies are not making long-term shipping commitments with airlines to avoid getting stuck with unneeded bookings.
Port X Logistics has made a name for itself in drayage, expediting containerized freight throughout the U.S. and Canada. Now the company has brought its expertise into the airfreight arena.
China Southern Airlines has joined the Freightos air cargo booking platform. It’s the first time an airline in China has participated in an online freight market.
The peak season for air shipping failed to materialize this year, but realistically volumes and rates are just normalizing after a crazy two-year rush.
Air Canada is once again offering horse transport thanks to the addition of freighter aircraft to its fleet.
FedEx cargo jets will waste less time de-icing during the winter at the Memphis, Tennessee, airport thanks to a new consolidated treatment facility.
Atlas Air, a large cargo airline and lessor, is one step closer to becoming a private company after a shareholder vote.
UPS said it will keep its money-back pledge on domestic and international next-day air services.
The air cargo industry is upset about a Dutch proposal to reduce aircraft slots at Amsterdam airport because it would cut into freight traffic.
RwandAir is becoming a combination carrier, adding a freighter airline to its traditional passenger operation.
Lufthansa’s cargo division has expanded service to Vietnam.
A weaker-than-normal shipping season is hurting Cathay Pacific Cargo’s ability to recover from the pandemic.
Expeditors’ stock is too high priced, Wells Fargo says, as it cuts its rating to a level tantamount to “sell.”
Canada’s WestJet plans to start flying cargo jets next year after a frustrating wait to get the planes registered.
UPS announces that export and import fuel levies will rise by 150 basis points effective Dec. 5.
Amazon is expected to fight a new effort by workers at its air cargo hub in Northern Kentucky to form a union.
Mediterranean Shipping Co. is moving up plans to inaugurate its air cargo airline, offering service between North America, Europe and Asia.
United Kingdom sanctions put CargoLogicAir on verge of going out of business.
Amazon has rented a new air cargo facility in New Hampshire and launched daily freighter service to shorten delivery times.
Toronto Pearson airport is looking for ways to support more cargo business, starting by converting an old office park.
Burrell Aviation has made a speculative investment at Colorado Springs Airport aimed at attracting air cargo companies.
Airlines and logistics companies realize air cargo business will be lower this year. Talk of a 2023 upturn is more based on hope than economic signals.
FedEx’s airline unit is taking down many flights to save money as it scrambles to counter a steep decline in shipping revenue.
Silk Way West Airlines, a growing cargo operator based in Azerbaijan, and Alaska Airlines on Thursday signed contracts with Boeing for two freighters apiece — but that is where the […]
The Ukrainian aircraft manufacturer Antonov said it expects rebuilding the aircraft destroyed by Russian fighters to cost at least 500 million euros.
Boeing on Wednesday issued a bullish 20-year outlook for the freighter jet market.
German shipping and logistics giant Deutsche Post DHL has raised its full-year profit guidance to a record of $8.38 billion.
Revenues and expenses were little changed from last year at Expeditors but profitability rose.
Boeing and Airbus on Tuesday signed deals to bring more large freighter jets to the market.
An international trade group settles on Miami as the regular location for its semiannual air cargo expo.
FedEx will suspend money-back guarantees on U.S. and air export next-day air shipments for nearly three weeks.
Cargo continued to dominate the passenger side at Korean Air during the third quarter.
Good news for shippers is bad news for airlines as cargo demand and rates retreat again in October.
DHL Express’ tariff hike will exceed the increases by FedEx and UPS.
Cargojet is better protected from an economic downturn than airlines handling general air cargo because of e-commerce and deep partnerships.
Investors behind Vietnam’s first domestic cargo airline, IPP Air Cargo, have grounded operations before ever taking off.
Cargo revenues from Sun Country Airlines’ Amazon business were flat in the third quarter.
Leasing companies are going bonkers converting used aircraft for cargo. As demand for air cargo cools, there could be a glut that lowers shipping rates.
Air Canada has extra cargo capacity thanks to its first freighters, but that didn’t prevent a 23% fall in cargo revenue in the third quarter.
Maersk is a giant in the ocean shipping industry. It is also heavily investing to grow its all-cargo airline.
Lufthansa Airlines’ cargo subsidiary continued to earn profits during a difficult third quarter, even as the market softened.
Kuehne+Nagel is the largest logistics company in the world. It sees opportunities to capture more business as shipping demand falls.
Most of the commentary from management teams is pessimistic about the macroeconomy.
UPS reported higher-than-expected earnings per share and reaffirmed its full-year targets.
A pair of trade associations wants the government to provide up to $5 billion to support massive redevelopment for cargo activity.
UPS’ general rate increase is designed to offset elevated cost inflation.
Hawaiian Airlines will begin operating Amazon Air’s largest cargo jets on the retailer’s biggest shipping lanes next year.
In a major move, Amazon is acquiring 10 large freighter aircraft for long-haul international transport and hiring Hawaiian Airlines to fly them.
The air cargo market’s deceleration this year had a greater impact on third-quarter cargo revenues at American Airlines than its primary rivals, Delta and United Airlines. But the best revenue […]
The air cargo market is full of contradictions. Shipments and rates are falling and a recession is looming, but business is better than in 2019.
United Airlines continues to deliver strong cargo results each quarter even as global trade softens.
An overview of Day 1 of F3: Future of Freight Festival.
