Australia is experiencing growth in volumes of inbound international air cargo, new official figures show. Freight volumes from overseas airports to airports in Australia grew by 7.3% in the year ended November 2018.
Stanley Robotics has designed a droid system that can park cars at airports, that will be trialled at Gatwick later this year. And this system could be adapted for airfreight according to freight equipment supplier LLM.
A former NTSB executive tells FreightWaves that “perishable information” critical to freight accident investigations is at risk of disappearing.
The Federal Aviation Administration (FAA) announced on Twitter on Friday morning that delays would affect LaGuardia International Airport and Newark Liberty International Airport due to the effects of the government shutdown, potentially delaying air cargo operations at these airports.
In partnership with Slync… There are numerous reasons to be worried about the health of global trade and the goods economy, even though, in our view, a full-on macro-economic recession in the United States is still unlikely.
FreightWaves adds air cargo volume and pricing data to SONAR platform
Cohen, a 30 year air cargo veteran of United Airlines and Etihad Airlines has been appointed as FreightWaves Market Expert, Air Cargo. In this role he will be providing analytics and commentary about the air cargo market and will be working with data partners in the air cargo space.
TAC Index Managing Director Peyton Burnett demonstrates his platform, explains how the data is processed, and outlines the potential for the derivatives market based on reliable air cargo price discovery.
U.S. airlines transport 50,000 tons of cargo every day.
Aircraft to be converted to freighters over three years
The cost of jet fuel burn is burning a hole in the pockets of air express shippers.
Quick acquisition broadens 3PL giant’s portfolio.
Higher surcharges to carry through peak season.
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.
$200B of tariffs imposed on Chinese imports today; the 4PL era is here; China cancels further trade talks; Germany’s maritime fleet shrinks by 1/3; air cargo not yet feeling tariff pain; oil rallies.
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.
Steam Logistics, one of the fastest growing companies in the United States, is a young Chattanooga-based international freight forwarder on a mission to bring an unprecedented level of customer service to ocean and air freight.
K & L Freight has invested heavily in technology and data and grown 5x in the past two years. The next step is offering financial services to help their shipper customers hedge against spot market volatility.
RTW Air Services SA, a Swiss General Sales & Service Agent (GSSA) for a substantial number of international air carriers, is the latest member of the Blockchain in Transport Alliance (BiTA).
Revenue growth for the ocean and air 3PL was strong, but margins at Expeditors tightened.
Boeing 777 Freighter is one of the most sought-after cargo flights in recent history, with DHL Express and Qatar Airways finalizing orders at the Farnborough Air Show today.
New truck orders in May have doubled YOY; Navistar takes $50M in profits in Q2; the Permian Basin is out of workers; coal export volumes by rail are better than expected; air freight rates up 22% YOY; housing prices expected to outstrip inflation and wage growth.
Passenger and freight coming to a hub near you—sooner than you may think.
The Mother’s Day demand for reefer trucks full of flowers has stressed an already tight capacity segment that is hauling record fruit and vegetable tonnage. The result? An unprecedented spike in reefer spot rates.
Mack Trucks and Volvo discuss performance of their remote software update systems; Uber Freight is using autonomous trucks in Arizona; air cargo was up 8% in January YOY; the 3,000th Neopanamax container ship transited the Panama Canal; intensifying freight flows are driving oil demand.
SkyCell has 1,000 high-tech refrigerated air freight containers circulating through the global biopharmaceutical cold chain. They’ve reduced temperature deviations from a global average of 8.5% to less than 0.1%.
Truckers Against Trafficking has launched the Man to Man Campaign in an effort to eliminate human trafficking in the transportation industry.
In all, 35% of Americans will purchase flowers this year, says the Society of American Florists, totaling some $2 billion in sales, and the most of them get to their destinations via the trucks.
Conditions improved slightly for shippers in November according to FTR’s Shippers Conditions Index (SCI). The SCI recorded a -8.9 for November, slightly better than October but still solidly negative, the firm said.
