air cargo

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.