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Cargo

Eric Kulisch Wednesday, October 30, 2019

Atlas Air loses money from Q3 operations

Updated at 8:40 p.m. Atlas Air Worldwide Holdings Inc. (NASDAQ: AAWW), buffeted by a weak global airfreight market exacerbated by trade disputes and disruptions from a labor dispute with its pilots, lost $879,000 in the fiscal third quarter from operations, compared with a $54.5 million operating profit in the same period a year ago. Operating […]

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Eric Kulisch Thursday, October 24, 2019

Alaska Air soars in Q3

Correction: The story has been updated with correct figures for cargo revenue. The original story said cargo revenue increased 9% to $60 million, but that line item covers cargo and other revenue, such as from ancillary fees and terminal lounges. Alaska Air Group [NYSE: ALK] has caught an updraft after initial turbulence digesting its 2016 […]

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Eric Kulisch Monday, October 21, 2019

Analysis: Delta-LATAM joint venture has strong cargo upside

The joint venture between Delta Airlines (NYSE: DAL) and LATAM Airlines (NYSE: LTM) proposed last month was motivated by synergies on the passenger side, but analysts also see attractive opportunities to extend cargo reach, make money and benefit shippers. Delta officials have not publicly discussed the potential to gain from each other’s cargo strengths and […]

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Eric Kulisch Wednesday, October 9, 2019

American Airlines to resume Boeing 737 MAX service in January

American Airlines [NYSE: AAL]said it expects to begin phasing in the Boeing 737 MAX into service by mid-January, nearly nine months after aviation authorities grounded the plane for safety reasons. The Dallas-based airline said in a statement Oct. 9 that the Federal Aviation Administration will likely recertify the aircraft later this year and that it […]

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Eric Kulisch Wednesday, September 11, 2019

Turbo-prop cargo plane crashes in Toledo, Ohio

A Convair CV-440 cargo plane crashed outside Toledo Express Airport in Ohio Wednesday (Sept. 11) morning, killing the two people on board, according to the Ohio State Highway Patrol. The Federal Aviation Administration and the National Transportation Safety Board are also investigating the accident. The plane slammed into several parked trucks and was engulfed in […]

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FreightWaves Staff Friday, February 2, 2018

You want it there how fast?

Most shippers, carriers, and students of the freight market spend most of their time focused on a particular mode. It makes intuitive sense that you would focus on the mode that you spend the most time in which you are buying services or providing services. Net result, there are plenty of experts in rail, truck, and intermodal/container freight, and with the ongoing prodigious growth of e-commerce, there is a growing number of experts in parcel freight. That said, we continue to be surprised how little attention overall is given to airfreight.

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Brian Straight Thursday, October 26, 2017

Understanding cargo insurance

There is no requirement for cargo insurance, but that doesn’t mean you shouldn’t have it. As you search for motor truck cargo insurance, you will find various plans at various price points. Like those homeowner’s policies, no two are the same. So how do you know what you should be looking for?

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Brian Straight Tuesday, May 30, 2017

4 freight trends to watch

McKinsey & Company has recently issued a report on potential impacts to the trucking and rail freight industries in the U.S., Canada and Mexico. The report, “Four forces to watch in trucking and rail freight,” identifies critical structural issues that executives must pay attention to in the immediate future.

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