FedEx names ex-Atlas CEO as new CFO
The hiring of John W. Dietrich as CFO is part of a broad finance revamp at FedEx.
The hiring of John W. Dietrich as CFO is part of a broad finance revamp at FedEx.
The decline of air cargo is less severe than earlier this year, but a bearish case for a counter-seasonal, second-half dip is gaining momentum as freight forwarders undercut each other on prices to win customers.
Amazon is dialing back flights for its European cargo airline. The third party operating those flights has let go nearly 30 pilots.
Delta Air Lines has seen cargo revenue slide by more than a third in the past year.
Freightos, a digital marketplace for international air and ocean shipping, announced Tuesday that it will reduce staff levels by 13% and lowered its full-year outlook again in an effort to […]
The Cargo Airline Association has a new president for the first time in 40 years.
Rickenbacker International Airport in Columbus, Ohio, caters to cargo. It is targeting the medicine, vaccine and biologics business with a new temperature-controlled facility.
A major air cargo terminal in Hong Kong is deploying robots to monitor security and damaged shipments.
Cargo pilots at Western Global Airlines are in the difficult position of negotiating their first collective bargaining agreement as questions mount about the company’s ability to stay in business.
Amazon’s private airline that outsources cargo flying to third parties has ended its partnership with Silver Airways, a small regional carrier that operated five small ATR72-500 turboprop planes on small […]
DHL Express cut the ribbon Thursday on the first hub ever opened in Atlanta by an air express carrier.
Western Global Airlines has hit hard times, losing Amazon as a primary customer, piling up debt and facing at least two lawsuits.
Mexico is kicking out freighter aircraft from the country’s busy international airport to address overcrowding. The move to another airport is creating headaches for airlines.
The Transportation Security Administration’s grace period for “impossible-to-screen” shipments is ending soon. They won’t be allowed to fly overseas unless companies adopt existing security programs.
Amid waning revenue, Amerijet is laying off 15 workers after signing an expensive contract with its pilots.
Western Global Airlines appears to be winding down operations for a potential bankruptcy.
A developer has completed a sophisticated cargo terminal at Chicago O’Hare airport. The tenant has moved in. But cargo planes can’t pull up to load and unload because of construction delays for a new taxiway.
ASL Airlines United Kingdom has two cargo planes in its fleet after receiving a Boeing 737-800 converted freighter.
FedEx is downsizing its fleet again during the next 12 months to match weak international and domestic package shipping demand, and save money.
Express operations will be in charge of FedEx’s unified Ground and Express network in Canada.
A bad pilot decision at the outset of an emergency on a Transair freighter cascaded into more mistakes that resulted in a crash landing at sea off Hawaii two years ago, investigators said.
The first order for cargo jets at the Paris Air Show only involved two planes and is for converted, not new production, freighters.
About $2.3 trillion was spent to keep the nation’s logistics system operating in 2022, according to the 34th State of Logistics Report.
U.S. law protects American carriers from foreign competition on domestic routes. Two carriers want the government to give them first crack at contracts to fly disaster relief to Guam.
Cargo airlines and third-party logistics providers are crossing their fingers for a resurgence of air shipments by October. But indications are increasing that the peak season may go out with a whimper.
The board of the FedEx pilots union has endorsed a contract agreement and sent it to members for an up-or-down vote.
Alliance Ground International is on an acquisition spree that aims to take it from a midsize domestic ground handler to a global service provider at airports around the world.
Busy Amsterdam airport in the Netherlands is taking a large stake in Maastricht airport, which could become a feeder port as Amsterdam deals with overcrowding.
Instead of carrying dead weight to help balance its empty freighters, Alaska Air Cargo is taking waste that will go to a recycling center.
Lufthansa Cargo’s planned investment in Italy’s ITA Airways will allow the airlines to harmonize cargo operations.
IATA forecast suggests weak airfreight demand will continue without peak-season rebound
FedEx flight reductions reflect a significant drop in parcel traffic, throwing a wrench into management’s earnings expectations in the just-completed fourth quarter.
Shippers will be able to place lots of freight on widebody jets British Airways will start flying to Cincinnati/Northern Kentucky International Airport from London.
FedEx has prevented a potential strike by its pilots by agreeing to a contract that still must be approved by members of the pilots union.
U.S. and EU antitrust authorities are worried about reduced cargo competition from a merger between South Korea’s top airlines.
FedEx Express is quadrupling throughput at one of its airport gateways in Australia.
Birmingham-Shuttlesworth airport is building a 53,000-square-foot airside transfer center for freight company Kuehne+Nagel.
Freightos, an online reservation portal for freight shippers, is adding users, but heavy development costs and a weak shipping market make it difficult for the startup to reduce losses.
More signs are surfacing that the second half of the year won’t be a panacea to the international freight recession. Seko Logistics says there won’t be a surge in orders that fuels transportation spending.
The airline subsidiary of ocean carrier CMA CGM has backed out of the U.S. market for the second time in six months.
The outsourced logistics arm of FedEx is opening up the way it shares data on electronic bookings for air cargo with a major customer.
There’s plenty of cargo news in Canada with WestJet avoiding a pilots strike and Air Canada expanding its freighter network to Costa Rica.
CMA CGM Air Cargo is trying to find its footing as a new airline. It has begun flying to India instead of the U.S.
Cargo shipments will cease on Friday as WestJet pilots walk off the job. The airline is trying to avoid a chaotic situation by taking down aircraft ahead of the deadline.
DHL Air Austria will operate a mixed fleet of Boeing freighters in the fall and is seeking permission to fly new 767s to the U.S. so it has that option in the future.
FedEx pilots say they are willing to go on strike, if necessary.
Airbus has reached another milestone with its young A330 passenger-to-freighter program.
WestJet Cargo finally got airborne last month after nearly a year of unexpected delays and now faces a shutdown by week’s end because of a labor dispute.
Amerijet, a mid-tier cargo airline with growth ambitions, has struck a tentative deal with pilots for a new contract.
If you’ve never heard of Phoenix-Mesa Gateway Airport, you’re not alone. But for DSV, a large logistics company, it could prove a diamond in the rough for air cargo purposes.
Recovery from the recession in airfreight transportation looks like it will be drawn out over the next year — and very slight when it does happen.
Nippon Express has signed a deal with Austria’s Cargo-Partner that expands its geographic reach and logistics service capabilities.
DHL Global Forwarding will offer its first temperature-controlled service between Indianapolis and Europe.
All airlines are experiencing lower cargo revenue, but Air Canada lagged most competitors during the first quarter for reasons both unique to the airline and common for the industry.
Japan Airlines is joining a group of passenger airlines that are starting all-cargo operations.
MSC Air Cargo, the airfreight arm of Mediterranean Shipping Co., has named ECS Group to handle functions in two major markets.
Emirates SkyCargo is going back to the future by deploying Boeing 747-400 freighters for the first time in more than five years.
Amazon air cargo partner ATSG has its eye on long-term growth, but investors with a shorter horizon are wary of big expenditures for cargo jets as shipping demand wanes.
Airbus has delayed the entry into service of the firstA350 freighter until 2026.
Two top executives at Altas Air are retiring in their 50s. The cargo airline named Michael Steen as its CEO.
Korean Air and Lufthansa Cargo saw cargo revenues shrink substantially during the first quarter amid weak economic conditions.
The softer markets in air and ocean freight are directly visible in Expeditors’ first-quarter earnings.
Canadian air cargo company Cargojet is searching under every rock for savings to maintain profit levels as shipping demand deteriorates.
Two of the world’s largest third-party logistics providers consider the glass half-full despite a substantial drop in profits.
Etihad Airways in Abu Dhabi and SF Airlines in China are helping each other expand globally by providing ground services for the other at their main freighter hubs.
Sun Country is bucking the trend of express carriers flying fewer hours because of slow shipping volumes. Its Amazon fleet is busy as ever.
UPS is adjusting its air network to minimize wasteful flying while shipping volumes are weak.
American Airlines joined its peers in posting lower cargo revenue for the first quarter from a year ago.
Gol Airlines in Brazil will have five all-cargo aircraft in its fleet by next month operating in a dedicated service for a large online retailer.
Hawaiian Airlines faces more turbulent market conditions coming out of the pandemic than nearly any airline. On the bright side is a new charter contract with Amazon that will diversify the business.
Cargolux set financial records in 2022 but expects its air cargo business to decrease this year because of difficult operating conditions.
Gary Chicago airport is building a massive apron for freighter aircraft that UPS will only partially occupy. Build it and others will come is how officials think about it.
Amerijet and Air Transport Service Group have hit milestones: Amerijet for growing its fleet to 25 aircraft and ATSG for leasing its first used freighter that was reconfigured for cargo by Boeing.
FedEx is shrinking its network of pilot bases in an effort to cut costs. The move follows a recent decision to transfer a major maintenance facility at LAX airport to Indianapolis.
A shipment of gold and other values was pilfered at the Toronto airport in Canada this week and police have few leads so far.
WestJet can’t catch a break when it comes to starting its new cargo airline. Service began Thursday but could shut down in less than a month if pilots go on strike.
DHL Express is ordering nine passenger-to-freighter conversion aircraft to modernize its large fleet.
Air cargo professionals hope demand has hit bottom and will start to improve soon, but there could be further downside if some barometers are true.
There is a lot more competition waiting to take a UPS parcel if workers go on strike, consultant Satish Jindel says.
United Airlines posted a quarterly loss and said cargo sales fell more than a third from a year ago, but was optimistic about strong travel demand the remainder of the year.
FedEx celebrates its golden anniversary of operations with its most intense few years in decades ahead of it.
Israel Aerospace Industries has added a second overseas facility to carry out passenger-to-freighter conversions of the Boeing 777-300.
Shipco Transport pairs strong company values with deep expertise and broad coverage to deliver concrete results to its forwarder customers.
The FedEx pilots’ union is asking members to vote on a strike authorization for possible later use.
Artificial intelligence, not magic, allows Merlin to operate small aircraft without a human pilot.
Delta Air Lines made less money from cargo during the first quarter than a year ago — or any quarter in between. Similar results are expected when other airlines report results.
Four former executives at Polar Air Cargo were indicted on charges of defrauding the company through an elaborate kickback scheme.
Companies that resemble an Expedia for airfreight are making their portals more accessible to logistics customers outside their home countries. Agents are watching for potential conflicts of interest.
ASL Aviation has several airlines that support express delivery companies and e-commerce retailers. It plans to serve them with drone delivery too.
Several airlines are in the process of obtaining 737-800 cargo-modified aircraft. The magic number is two.
FedEx said it aims to slash $700 million per year in costs through a massive overhaul of its air network, part of a larger corporate profitability initiative.
UBS’ Tom Wadewitz says more clarity on cost-cutting actions provides a “long runway” for stock.
Federal Express Corp. will consolidate its air, ground parcel and other units; LTL will operate separately under the brand.
Ireland-based cargo group ASL Aviation is expanding to Australia with the acquisition of a FedEx contract carrier.
Lufthansa Cargo is building up a fleet of regional cargo jets to support express carriers in Europe and North Africa.
Maersk is rapidly expanding from a pure ocean carrier to a cargo airline. The latest move is the establishment of new routes between the U.S. and China.
Birmingham airport in Alabama welcomed the first regularly scheduled 747 freighter organized by logistics provider Kuehne+Nagel.
Air France-KLM and French all-cargo carrier CMA CGM Air Cargo are combining forces to attract customers and better utilize their assets.
Freighter operator Amerijet is moving back-office functions from Miami to Trinidad and Tobago.
Lufthansa promoted its top marketing executive to head the cargo subsidiary one week after moving the CEO to another group airline.