No short-term relief for cargo congestion at LAX is coming from infrastructure upgrades, so companies are looking at process improvements to speed up cargo hand-offs.
The new platform focuses on collaboration, workflow automation, and allows users to define business priorities.
Flexport’s head of airfreight believes a small bump in demand out of Asia could result from new U.S. tariffs, while higher fuel prices will push up air cargo costs.
Several governments, organizations and transportation companies have worked together to patch a badly disrupted supply chain in efforts to improve the flow of supplies in the Bahamas.
U.S.-based freighter operator Kalitta Air may be forced to exit service at Amsterdam Airport Schiphol, a key European hub for 15 years, over an ongoing dispute about take-off and landing […]
Classified information in trans-Atlantic markets to be reviewed by advisory board.
Logistics providers have been able to plan around the British Airways labor disruption and avoid cargo delays for their clients.
The financially troubled Indian carrier grounded operations in April.
According to Euronav, the derivatives market in low sulfur fuel oil is not deep enough to provide a viable IMO 2020 hedge – but it will be soon.
Air freight volume declined 3.2% in July, to about 20.5 billion freight ton kilometers, compared to the same month a year earlier, the International Air Transport Association reported. It is […]
But trade associations call for more certainty as political impasse continues.
Europe’s air cargo industry has not been the quickest when it comes to embracing the digital world, but efforts are being made to catch up. A series of carriers have […]
JetBlue is making its way back into air cargo after exiting the space in 2015.
FreightWaves releases several new datasets and improves on existing ones in this week’s SONAR release.
How Flexport is managing the challenges of todays air cargo environment
Qantas announces a test program to fly nonstop from New York and London to Sydney. This long-haul flight may also present cargo opportunities.
Cathay Pacific expects “a much more significant impact” to revenue in August as recent unrest in Hong Kong will likely weigh on its financial results.
Avianca continues to dispose of aircraft during its financial restructuring.
As protests continue at Hong Kong International Airport (HKIA), the disruption has not caused major delays in air cargo shipments or dramatic increases in rates, experts told FreightWaves. Protests at […]
Ongoing political unrest has taken its toll on business sentiment throughout Hong Kong.
In Texas, several major and regional airports posted large increases in air cargo trade for the first six months of 2019. Amarillo International Airport’s trade with the world rose a […]
Dickson will take on oversight of Boeing 737 MAX grounding.
Learn about the six most common reasons cargo gets delayed during the customs process.
Cathay Pacific Airways has suspended a pilot that was charged with rioting at a protest in Hong Kong. The airline will also comply with new Chinese aviation demands.
21 Air has been cleared for takeoff by the Department of Transportation for air cargo service between the U.S. and Mexico.
The Chinese government forced Cathay Pacific to sideline some of its staff. That could mean tighter rates for other airlines.
For AIT President and CEO Vaughn Moore, trusting the company’s process is more important than chasing any particular outcome.
Delta Cargo has chosen FreightWaves SONAR for global freight intelligence and data analytics.
While the passenger side has been experiencing growing demand, the industry’s overall profitability is still being dragged down by the smaller cargo side.
This is AIT’s third acquisition in the past year.
Goods like clothes and toys are on the proposed tariff list.
The U.S.-China trade war has dropped trade volumes between the two countries to date in 2019. One result – Mexico is now the #1 trade partner of the U.S.
With air cargo slowing, could there be any bump up in August?
At 10:30 a.m., its price was down almost 16 percent.
Market expert Jesse Cohen writes about the fascinating movement of cars around the world via air cargo.
CHRW grew net income by 6.3% but increasing earnings per share by 8% with buybacks.
The company attributed the revenue slip to pricing and volumes, especially on routes between Europe and Asia.
Freight revenue drops by 12.1 percent, led by a more than 20 percent plunge from airline’s Pacific routes.
When a patient is waiting on an organ to arrive in order to receive a life-saving transplant, every moment matters.
Flexport’s customers have seen average landed unit costs rise by 30 percent due to tariffs.
Scott Case writes about what recent FAA grants mean to airports and to the movement of airfreight and air cargo.
Four months into the MAX grounding and several more to go, what’s the latest on the air cargo impact?
Cargo aircraft lacking reinforced cockpit doors, firefighting response on the ground.
Scott Case writes about the troubles Boeing is having with its 737MAX, as well as with its 787 Dreamliner. Learn the latest in this commentary.
Boeing’s (NYSE: BA) 737 MAX planes might not return to service until next year because of software and other issues that still need to be fixed.
Cathy Roberson writes about Beijing’s new airport – and plans for many new airports in China and what impact they may have on the economy of the country.
Softer air cargo seen across all major global trade lanes this year, but Industry leaders still optimistic.
Proposal estimates millions saved for manufacturers such as Boeing
Cathy Roberson writes about Vietnam’s growth as a manufacturing center as manufacturing moves from China to other nations in Southeast Asia.
Air Canada (TSE:AC) will acquire Transat A.T. (TSE:TRZ), the parent company of Canada’s third-largest airline, strengthening its position as the country’s dominant carrier. The companies announced on June 27 that […]
Air cargo wait times really vary between airports
Market expert writes about the latest tensions in the Mideast and how that might impact air and sea cargo, as well as supply chains.
Integrating technology into the freight forwarding process can provide a never-before-seen level of transparency, paving the way for faster and safer shipping.
Market expert Cathy Roberson writes about the growth of pharmaceuticals and life sciences cargo at Hartsfield Jackson Atlanta International Airport and the airport’s agreement with Amerstdam Schipol Airport.
Market expert Cathy Roberson looks at the airlines’ and air cargo carriers’ need for pilots today and for the forthcoming future. Many factors are contributing to this ongoing need; ecommerce is a major factor.
Market expert Scott Case writes about an innovative program at Miami-Dade International Airport that generates revenue while helping the citizens of Brazil receive e-commerce purchases much quicker than ever before.
Market expert Cathy Roberson writes about the decline in global air cargo traffic; the only bright spot is in Latin America. Read why!
DHL, FedEx and UPS have dominated the global express market for years but recently, China’s express providers (including YTO Express, STO Express and SF Express) have been nipping at the […]
Air cargo market expert explores the fascinating process of moving livestock – particularly horses – by air.
Market expert Cathy Roberson looks at how Amazon is using partners in both the U.S. and Europe to expand its operations in both regions.
Market expert Scott Case writes about the air cargo operations at Alaska Airlines, which not only serves Alaska, but the entire U.S. market.
Market expert Cathy Roberson writes about issues that are impacting the air freight market.
Freighter aircraft deployments and additional business handled for the U.S. Department of Defense helped raise first quarter earnings and revenue by double-digits for cargo aircraft leasing company Air Transport Services […]
Atlas Air Worldwide Holdings reported adjusted earnings of $0.98 per share, ahead of the fourth quarter 2018 and the NASDAQ consensus estimate of $0.86.
Market expert Scott Case has written about the use of dynamic pricing in airfreight. Long-used to sell passenger seats on airplanes, dynamic pricing is new to airfreight – but will likely be used extensively going forward. Read Scott’s take on the why’s and wherefore’s of the move.
Bosch is working with Powercell to develop a hydrogen fuel stack for vehicles. Plus, housing index has positives for home buyers, JFK starts new phase of air cargo expansion, and trucking company in Denver crash had history of violations.
This is the year when ALK expects Virgin America merger synergies to ramp up, but they’re still adding back costs associated with the deal.
In the wake of the 737 MAX crashes and subsequent worldwide grounding of the aircraft, Boeing reports its earnings, which are down for the quarter.
Cathy Morrow Roberson explains what makes Miami International Airport (MIA) special, and what the airport, airlines and air cargo companies are doing at that particular facility to facilitate cargo. Learn more about MIA in this article.
The “e-Commerce Revolution” is the hot topic for the upcoming CNS Partnership Conference next month in Miami. FreightWaves interviews CNS President Michael (Mike) White for an inside look at the e-commerce challenge for the air cargo industry and how the conference will tackle it.
The U.S. is proposing $11 billion in tariffs on European Union goods because of allegations that Airbus received that amount of subsidies when it launched the Airbus 380, thereby harming U.S. interests. Read Jesse Cohen’s explanation of the articles proposed for tariffs and what the tariffs might do to the air cargo and maritime industries.
Air cargo market expert Jesse Cohen writes about the ongoing efforts to increase security in air cargo operations. Read about the latest measures and how they impact the movement of freight.
Air cargo volume in Europe continues to decline. Read market expert Cathy Morrow Roberson’s take on the reasons why this is occurring and if there are options available to improve the volume.
American Airlines has lengthened the grounding of its Boeing 737 MAX 8 aircraft through August 19. American joins other airlines in this action. What is Boeing doing to fix the aircraft, and what is the FAA doing from a regulatory perspective?
With first quarter 2019 earnings set to kickoff on Monday, April 15, FreightWaves is looking at expectations for the transportation stocks.
The grounding of all Boeing 737 MAX aircraft has caused many problems; it has also created an opportunity for freight forwarders. Read a market expert’s take on the situation.
WebCargo by Freightos has acquired India-based Air Freight Bazaar, with the intent of expanding its footstep in global air cargo digitalization.
Plus: Amazon acquires warehouse robotics startup; Germany reckons with electric vehicles
Around the world, consumers are clamoring for more seafood. Read how airlines and airports are working to move more seafood more quickly around the world.
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).
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 on FreightWaves NOW, Nick Austin sees more flooding in MO; Ibrahiim Bayaan evaluates the meaning of manufacturing; and John Paul Hampstead connects the dots between a large carrier’s earning report, the spread between wholesale and retail fuel, and air cargo.
Investors are risk-on for Europe, putting money into Italian, Greek, and junk bonds, and equities.
20% revenue growth YOY on cargo and mail helped a lot.
Contracts on the S&P 500 Index fluctuated before nudging upward, with those on the Nasdaq and Dow Jones gauges following in line.
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.
Asparagus from Mexico and California moves around the world as air cargo from Los Angeles International Airport.
CHRW fills out geographical white space and adds density to its Transatlantic forwarding business after turning the corner on the Milgram & Co. integration.
Express firm adds 17 origin markets in Mexico for samples deliveries to U.S. labs.
Online freight booking systems can streamline the process for booking air and ocean freight, solving several significant challenges along the way.
Expeditors should do well in a softening ocean freight market and a Panalpina deal wouldn’t necessarily be a bad thing.
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!
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.
Strong Q4 drives full-year performance.
In its 2018 annual report, released today (February 7), DSV (NASDAQ OMX: DSV) announced that revenues grew 5.5 percent, from 74.901 billion Danish Krones (DKK), or $11.39 billion, in 2017 to DKK 79.053 billion ($12.022 billion) in 2018.
The macroeconomy is slowing down to trend-line growth, but drivers of freight movement look worse.
