Rickenbacker Airport sets cargo records in June
Rickenbacker Airport, a low-hassle alternative to some big airports, set cargo records in June handling COVID supplies.
Rickenbacker Airport, a low-hassle alternative to some big airports, set cargo records in June handling COVID supplies.
It’s not an accident that United Airlines’ cargo business in the second quarter dwarfed that of Delta Air Lines and American Airlines.
Southwest Airlines wrote its second-quarter results in red ink — $1.5 billion to be exact. It is not alone. All airlines are suffering financially from the coronavirus crisis.
United Airlines lost $1.6 billion in the second quarter. Given that a pandemic has hammered passenger travel, that’s relatively good. Company officials say maintaining capacity discipline for the foreseeable future is critical to get back to profitability.
An Ethiopian Airlines plane suffers extensive damage in a fire at Shanghai Pudong airport.
Critics argue proposal does little to address global warming.
British Airways’ decision to retire its fleet of 747 jumbo jets is a loss for aviation lovers, but businesses that ship goods by air will benefit from using more modern aircraft.
Tim Strauss is leaving Air Canada Cargo to lead Miami-based Amerijet.
With safety and travel logistics in mind, the annual AirCargo Conference, which draws up to 800 attendees, will take place online in 2021.
Recipe for disaster: a pilot who made serious mistakes, panicked, had a history of reacting poorly under stress and lied about it to his employer – Atlas Air.
Pilots don’t want to fly to Hong Kong because of mandatory crew tests for coronavirus. Some airlines have hit the pause button on flights to avoid crews getting trapped in long quarantines.
When it comes to airports and cargo, bigger isn’t always better. Shippers are finding the benefits of airports that fly under the radar.
Lufthansa Airlines is transforming itself into a smaller airline, while its Cargo division settles on a single company to manage its central warehouse.
American Airlines is downsizing. That means the new cargo president and her team are taking on expanded roles.
The air freight market appears saner in recent weeks, with less competition among shippers for transport services. But the shape of the recovery is anyone’s guess and a possible demand spike for face masks and surgical gowns could create a hyper-market again.
A Bermuda-based airline sees a business opportunity with the COVID pandemic and is jumping into the cargo market.
Delta Air Lines was closed for most cargo business at Chicago O’Hare airport. Now it has a schedule for reopening.
Glass half empty – cargo business and finances are bad for the airlines. Glass half full – they’re not as bad as they were two months ago.
Big cargo planes are dumping cargo faster than O’Hare, LAX and other airports can process it. That could mean a longer wait for your new favorite gadget.
Anthony and Zach talk to rail and intermodal expert Mike Baudendistel about some interesting signals from that sector as well as connecting the dots between modes.
DHL Express continues to adjust its airline network amid changing shipper needs in the COVID era.
The U.S. is loosening restrictions on flights by Chinese airlines after China partially reopened its aviation market to U.S. carriers.
The platform moves toward customization based on job function.
“Our forte is turning freight from plane to truck and getting it on the road to its end user quickly,” said Bryan Schreiber of Columbus Regional Airport Authority (CRAA).
For specialized industries such as health care and aerospace, the stakes of supply chain interruptions and service failures have never been higher.
At least two governments, Australia and New Zealand, are helping to correct distortions in the airfreight market.
Chris McMillin of AIT Worldwide Logistics addresses how advanced technology can deliver supply chain solutions.
Shanghai Pudong Airport is getting crushed by heavy cargo volumes. Add to the mix a lot of red tape for export clearance and shipments are experiencing long delays and missed flights.
Want to ride a “ghost flight” for fun? You can’t. They’re only open for freight and Delta Air Lines is flying lots of them from Asia to the U.S.
Amazon will occupy a huge air cargo facility being built at San Bernardino Airport as it expands its private airline and air delivery network.
Brett Hart served six months in 2015-16 as interim CEO of United Airlines while CEO Oscar Munoz recovered from heart surgery.
Emirates SkyCargo’s business fell in fiscal year 2019-2020, but the airline division is experiencing strong demand for its services during the coronavirus crisis.
British Airways and its sister airlines are taking some comfort from increased cargo business and helping keep global supply chains intact, but the dominant passenger business is at least three years away from getting back to pre-crisis levels.
United Airlines isn’t sugar-coating the airline industry’s economic reality. United expects to survive the coronavirus crisis, but business will be slim for months to come.
Manufacturing supply chains in for prolonged distress; U.S. oil rates in limbo; global air cargo facing severe capacity crunch.
There are more ways to help businesses struggling during the coronavirus crisis than loans and direct payments. The Australian government has operationalized an international airfreight support program to restore supply chains for perishables that were broken by the pandemic, threatening to kill business for many exporters.
The Executive director of The Airforwarders Association, Brandon Fried, speaks with FreightWaves founder and CEO Craig Fuller on the importance of the air freight industry and how it has adapted to accommodate the needs of a nation in crisis.
American will penalize shippers who don’t show up or cancel a booking at the last minute, while Delta is adding more capacity for its scheduled cargo routes to Asia.
The WHO is trying to reduce the chaos of countries competing for coronavirus medical supplies by acting as a logistics control center.
Problem-solving supply chain bottlenecks is the way to build customer loyalty, freight experts say.
If you need coronavirus gear, who you gonna call? Logistics busters!
Cargo planes are in high demand these days because they are the fastest way to get vital medical equipment and supplies to health care workers trying to save the lives of those infected with the coronavirus. But inflexible regulations and bureaucrats can undermine that speed.
The idea of using passenger planes as freighters would have been considered farfetched in February since the main deck can’t be loaded with large pallets. But when there’s a pandemic and a shortage of cargo space, the logistics community gets creative and these planes are being booked at a rapid pace.
Third-party logistics providers engaged in international trade are facing the difficult decision of whether to thin staff or even close altogether in the face of a prolonged economic downturn caused by the coronavirus pandemic.
Passenger aircraft are being used to fly essential cargo between continents. Learn more about what the airlines are doing to survive and to assist key supply chains.
Read the full article to learn more.
In a race against time, many are relying on the air freight industry to get critical goods to their destinations.
No one was prepared for the global shipping disruption caused by COVID-19, but Mike Meierkort said Damco’s resiliency program is “the closest thing to having a playbook.”
Atlas Air and National Airlines are handling relief missions for the Federal Emergency Management Agency.
U.S. Customs and Border Protection said it will do its part to keep imports of medical gear flowing efficiently into the country.
The head of the Airforwarders Association says preparing for business impacts from natural disasters, like COVID-19, requires “a lot of practice and uncomfortable preparation.”
China opens its factories; 3.28 million U.S. workers apply for unemployment benefits; U.S. seeks to convince Saudi Arabia to end oil war.
Some countries are making it easier for airlines to adjust operations in response to the coronavirus crisis, but the airfreight community wants greater cooperation from governments.
With increased volatility in international airfreight, Cargojet is bringing back planes to focus on the hot domestic market.
Stifel Financial sees an OK first quarter, but the picture gets less clear after that, with risks to second-quarter earnings estimates.
Stifel Financial’s conference call with industry executives forecasts supply chain disruption extending to July or longer.
Tender rejections: After increasing from 6.52% to 8.91% last week, we expect national rejection rates to continue to rise but at a slowing pace in the coming week as carriers struggle to recover from spiking demand. Manufacturing outlook: The coming week will give a refresher for industrial production. Manufacturing is plagued by a lack of […]
New travel restrictions between the U.S., U.K. and Ireland will further inhabit the flow of freight into the U.S.
Coronavirus is having an impact on many industries. One of those impacted is the global seafood industry.
Airforwarders Association Executive Director Brandon Fried said minimizing threat of illegal drugs requires freight forwarders to “know your customer.”
Construction outlook: Construction outlook:The Federal Reserve announced an emergency 50-basis-point (bps) rate cut last Tuesday, lowering its target Fed Funds range to 1-1.25% from 1.5-1.75%. The Fed cut is a reaction to the rising economic risk posed by the coronavirus becoming a global pandemic and the knock-on effects to global supply chains and consumer spending. […]
Manufacturing outlook: The coming week will be telling for the industrial segment. The Institute for Supply Management updated the Purchasing Managers’ Index (ISM.PMI). It breached the 50-expansion threshold in for two consecutive months. There may be some talks of a turnaround for the manufacturing segment. However, the numerous headwinds in the current macro-economy suggest that […]
DHL has decided to close its StreetScooter electric vehicle business, plus household income rises, aluminum plant likely to close, and why Americans will love self-driving trucks.
Chao outlines five measures aimed at protecting passenger and cargo transportation.
The financial chickens from the coronavirus are coming home to roost. Lufthansa is belt-tightening, other airlines might try to ease lease terms for assets.
Diesel fuel price outlook EIA statistics show total U.S. distillate production at the highest level ever for the second week of February despite significant concern over demand. Inventory reports were bearish. One other factor looming in the market: OPEC meets March 5-6. All models show it needs to cut further to balance markets, but it […]
Atlas Air had a difficult year in 2019, but has made some tactical decisions to turn around its financial performance.
Cargo carriers will be able to operate more efficiently between the U.S. and Kenya thanks to a new agreement between the governments.
Radiant Logistics reports a 25% slowdown in its last calendar quarter of 2019.
Autonomous electric shuttles hit Columbus; global auto market might slowdown over coronavirus; Nikola Motor to produce trucks in Germany
Your name is your face to the world. Forward Air wants a makeover since diversifying from its original business focused on air cargo, so it’s changing its name and logo.
Nippon Cargo Airlines’ parent company is taking a $144 million charge against earnings.
Hawaiian Airlines is expanding its short-haul cargo operations this month and expects its new 787s to add long-haul cargo capacity next year.
The World Health Organization’s leadership went out of its way to praise China for its handling of the deadly outbreak.
Boeing is planning to begin 777X deliveries next year, but it is unclear when airlines will begin flying the new widebody.
In case you weren’t able to catch our live broadcasts from Music City at the Air Cargo Conference at the top of this week, don’t worry, we’ve got you covered right here, right now for a “just in time” delivery.
At the Air Cargo 2020 Conference in Nashville, Tennessee, we had the opportunity to catch up with Susy Schoneberg, head of Flexport.org, for one of our Fireside Chats. Flexport.org is the nonprofit arm of Flexport. Flexport seeks to be a single platform that is changing the operating model for global trade. It empowers businesses with […]
Alaska Airlines’ parent company also reported hefty full-year earnings in what the CEO called a “fantastic year.”
Quarantines and factory shutdowns could deepen and extend the traditional Chinese New Year trough.
Nuclear verdicts, insurance, carnets, FTZ, and more from Air Cargo 2020 Nashville – it’s What The Truck?!? LIVE Air Cargo 2020
It doesn’t look like American’s cargo fortunes are going to turn around soon, but its overall operational performance is improving.
Carrier says it reached full-year earnings target a year early.
Global trade tensions and a weakening economy took a toll on air freight.
IATA is aligning its dangerous goods rules with international standards.
The global ground handling company has leased warehouse space at Melbourne Airport.
Representatives from airlines, logistics companies, truckers and airport authorities will attend Air Cargo 2020 in late January.
U.S. cargo airlines had requested exemptions from the ban.
Former senior VP at Martinair faces charges in connection with a price-fixing conspiracy.
We gear up this week with a man charged on Thursday with shooting a truck driver on I-269 outside Memphis, Tennessee, after an in-cab video captured the suspected killer. Violence in Mexico from organized cartels has been surging in recent weeks, with the latest incident involving a 13-year-old American boy killed Jan. 3 near Nuevo […]
Three large carrier groups reported similar results.
The latest features in SONAR 5.0 make it the most future-focused version to date.
Nippon Cargo Airlines is adding a Taipei stop due to demand from customers such as Flexport.
Willie Walsh will be succeeded by Iberia CEO Luis Gallego.
Temperature-sensitive cargo like meat can be exposed to warm air and other environmental conditions during transfers and storage without good logistics management procedures.
The November decline was one of the smallest in 2019.
The U.S. and Kazakhstan have signed a tentative Open Skies agreement. That’s a fancy way of saying free trade in the aviation market.
The Jones Act has been in effect for nearly 100 years. Read about its pros and cons in this commentary by Darren Prokop.
Overseas shipping – particularly during the holidays – can be difficult. Here are some tips for making the process easier and more successful.