The air cargo market’s deceleration this year had a greater impact on third-quarter cargo revenues at American Airlines than its primary rivals, Delta and United Airlines. But the best revenue quarter in company history and a $483 million profit painted a positive financial picture that could be replicated in the final quarter thanks to resilient […]
The air cargo market is full of contradictions. Shipments and rates are falling and a recession is looming, but business is better than in 2019.
United Airlines continues to deliver strong cargo results each quarter even as global trade softens.
Aerospace engineering firm Mammoth Freighters hasn’t built one converted freighter yet but is already adding capacity to meet demand.
Airbus is establishing a for-hire cargo airline using super-jumbo jets that previously hauled aircraft fuselages and tails for its own supply chain.
Delta Air Lines’ cargo division had a Goldilocks third quarter: not too cold and not too warm.
Thursday was a busy day for aircraft conversion deals, with leasing companies placing deposits to get passenger aircraft changed into freighters.
Maersk, a major container shipping line, is set to debut its U.S. air cargo service and has focused its resources on the Chicago area.
PayCargo won its trademark case against CargoSprint, which was hit with $11.6 million in damages.
Cargolux is sticking with Boeing over Airbus for replenishing its 747 freighter fleet. On Wednesday, it ordered 10 modern 777-8s.
Air cargo is a premium shipping mode. Companies that want fast, reliable transfers are also seeing lease rates shoot up for logistics facilities near airports.
Delta Air Lines and South American carrier Latam Airlines have become partners, creating opportunities to streamline their cargo networks.
China-based Zongteng Group has acquired a large cargo jet to enhance its global e-commerce logistics distribution capabilities.
Air Canada is giving shippers more airfreight options in the Americas, thanks to a new converted freighter.
Air cargo professionals figured business would take off after the summer lull. Turbulent economic conditions and pre-buying have prevented that so far.
Los Angeles airport is finally moving forward on an ambitious project to overhaul its sprawling cargo terminals.
FedEx Express and the union representing its pilots on Wednesday filed for federal mediation with the National Mediation Board to help unglue contract negotiations that began in May 2021. The joint filing by FedEx (NYSE: FDX) and the Air Line Pilots Association requests expedited mediation under the Railway Labor Act. FedEx pilots are disgruntled by […]
Boeing 737-800 passenger-to-freighter conversions are selling like hotcakes. A Japanese-owned leasing company snapped up six more slots.
Cathay Pacific Cargo is sending cautionary signals about the peak shipping season but still wants new freighters from Airbus or Boeing.
California’s legal victory allowing it to impose workplace rules on flight attendants has some cargo airlines worried about states regulating their operations.
The federal agency that enforces laws against workplace discrimination has sued a New York-based trucking company for not hiring females.
Airlines are pushing governments and energy producers for more sustainable fuels. And the cargo sector is helping create more market demand for them.
DHL Express is the first customer for Eviation Aircraft’s electric aircraft, which made its first flight on Tuesday.
Productores de cítricos, fabricantes y terminales marítimas en alto riesgo de daños y retrasos
Hurricane Ian could slash the flow of Florida products to companies and consumers in the United States and abroad.
Turkish Airlines Cargo put Turkey on the map for air cargo, but companies like MNG Airlines and Air Anka are adding to the competition.
Mediterranean Shipping Co. is taking to the skies with a new cargo airline, following on the heels of other ocean shipping lines with air divisions.
Boeing CEO David Calhoun is outspoken about how governments are making environmental and economic policy.
Air Canada had a dual fleet but got rid of its cargo jets years ago. A pandemic epiphany led the airline to invest in 12 freighters.
Amazon is slowing down its air cargo expansion as online sales slow but putting more volume through its new Northern Kentucky hub.
DHL is opening new package terminals at U.S. airports as demand keeps growing. The newest facility will be in Atlanta.
An executive who ran finance for a health care company has been named to lead American Airlines Cargo.
Gol was caught bribing government officials in Brazil in violation of the Foreign Corrupt Practices Act, according to investigators.
Boeing must soon decide on what to do about developing a next-generation medium freighter. The leading candidate now appears to be the 787.
Labor actions are creating great uncertainty for rail shippers in the U.S. and for air and sea cargo in Europe.
Ethiopian Airlines is adding Boeing 767 freighters in a transaction with Atlas Air Worldwide.
After months of regulatory delay a new U.K. aerospace company can now go to market with a partial passenger-to-freighter conversion.
The airfreight sector remains chaotic, but a better-than-expected August is spurring optimism for solid results during the busy shipping season.
JD.com, the China-based mega e-commerce retailer, has begun operating its own cargo flights as part of its diversification into global logistics services.
(UPDATED: Lufthansa announced Sept. 12 that it finalized a contract with pilots that will carry through the end of June 2023. And dnata announced Sept. 8, 2022, that had reached agreement in principal on a new collective bargaining agreement with employees, forestalling a potential strike.) Airport services provider dnata is making contingency plans for a […]
Container vessels are expected to use auxiliary engines while in port this week to help California’s struggling electric system cope with extreme heat.
Cathay Pacific Cargo, a bellwether for trade in Asia, says slowing consumer demand and Chinese exports point to a less busy peak shipping season.
A 24-hour strike by Lufthansa cockpit crews will shut down the company’s freighters. Logistics providers worry future union actions could be more serious.
Shipping line Maersk has completed the $3.6 billion takeover of Asian retail distribution specialist LF Logistics.
Flexport is taking a page from Amazon’s growth model. The logistics provider just hired its third executive from the Amazon tree.
Lufthansa is a major international cargo carrier, but it is adding smaller jets to shuttle packages on shorter routes around Europe.
UPS is buying eight more 767 cargo jets from Boeing.
The recovery of two sunken tugs in Tasmania was a big logistics and engineering undertaking.
La adquisición de la unidad de Maersk por parte de CIMC habría combinado 2 fabricantes dominantes de contenedores refrigerados
AELF FlightServices, a provider of operating leases, is chasing the cargo market with an order for its first 767 conversion aircraft.
The U.S. Justice Department on Thursday blew the whistle on the planned acquisition of a large container manufacturer by a Chinese company.
Sanctions have put two of Volga-Dnepr’s three cargo airlines out of action. The Russian airline is grasping for lifelines.
Edmonton International Airport is organizing itself as an air hub for e-commerce shipments.
A severe typhoon is headed for the South China region, forcing airlines and ports to take precautions and adjust schedules.
Zhengzhou airport has completed a major expansion project to alleviate crowding at its cargo facilities and allow for significant growth.
Mud dauber wasps pose a danger to jets at Australia’s Brisbane Airport, which is using special treatments to keep the insects away.
A partnership between DHL Express and Singapore Airlines is taking off following the delivery of a new Boeing 777 freighter.
Flexport has tapped another Amazon veteran for its leadership ranks as the logistics company moves to the next level of growth.
Hellmann Worldwide Logistics took another step in its drive for global expansion by buying out its partner in Peru.
Hong Kong’s COVID rules have handcuffed Cathay Pacific’s pandemic recovery, and typhoons last month wreaked havoc with freighter deployments.
Airbus is so pleased with its first three Airbus A321 freighter conversions that it plans to add six more of the jets.
UPS Airlines is keeping its pilots happy with a new contract extension.
Air Canada is moving quickly up the ranks of hybrid passenger-cargo carriers.
Lufthansa Cargo is increasing cargo capacity to key markets after adding a large 777 freighter.
Maersk Air Cargo is preparing to start U.S. service that originates in South Korea.
Latam Airlines’ cargo division has expanded its European service, including a dedicated charter flown for logistics provider DB Schenker.
Vietnam Airlines is moving beyond passenger business to fly cargo jets for the first time, with the help of a U.S. air services company.
Mercado Libre is an online retailer with a private cargo airline. It is outsourcing air transport in Brazil to passenger airline Gol.
Record results by the cargo division pulled Deutsche Lufthansa AG to profit in the second quarter for the first time since the COVID crisis began, underscoring how moving goods has become increasingly important for passenger airlines as a hedge against travel downturns. “The Lufthansa Group is back in the black,” CEO Carsten Spohr declared in […]
Air Transport Services Group rode the e-commerce wave to another profitable quarter.
Atlas Air reported strong second-quarter earnings while announcing it is being bought by an investment consortium for $5.2 billion.
The U.S. is enforcing sanctions against Iran and Venezuela through seizure action on a 747 cargo jet.
Etihad ordered big Airbus freighters to support its ambitious growth plans for cargo.
E-commerce is making air cargo an attractive play for investment funds. Atlas Air is on Apollo Global Management’s wish list.
Second-quarter cargo business softened on the margins for British Airways and its sister airlines but was still much better than before the pandemic.
Cargojet says it has two built-in defenses against an economic downturn: e-commerce and unstable cargo service at passenger airlines.
DHL is expanding its airport infrastructure in Germany and dedicated route network in the Americas to support growing trade volumes.
European airports have experienced plenty of headaches this summer. A strike at Lufthansa is adding to congestion and frustration.
Boeing landed some freighter contracts at the big Farnborough air show but wasn’t the only manufacturer making sales on the cargo front.
Kuehne + Nagel continued profit growth in Q2 by charging customers more for extra service to keep supply chains fluid.
Ocean carrier Maersk is buying three Boeing freighters and outsourcing flying to Amerijet to penetrate the U.S.-Asia air cargo market.
The Farnborough International Airshow was a relative success for Boeing, capped by large preliminary commitment for freighters from Cargolux.
Passenger travel carried United Airlines to a second-quarter profit, while cargo sales eased for the first time in two years.
COVID continues to crush Cathay Pacific’s business, but the cargo fleet is now back at full force.
Boeing, Airbus and independent aviation engineering companies are trying to meet demand for converting standard passenger jets to cargo configuration.
Boeing is more optimistic about demand for air cargo over the next 20 years, which is why it forecasts a need for 540 more freighters than competitor Airbus.
A turboprop cargo plane owned by a Ukrainian airline crashed in Greece with a load of weapons for Bangladesh’s military.
Latam Cargo’s expanded freighter fleet has made it possible to open up extra dedicated service between Europe and the Americas.
Companies that want standard freighters from the pre-owned market are in a race to find suppliers. Raya Airways and ASL are in the door with their orders.
The air cargo market is down 8% to 9% in the past two months, but the decline is relative. 2022 is still shaping up well versus 2019, before the pandemic.
All Nippon Airways is partially changing a large order for Boeing’s upgraded 777 of the future to include a couple of cargo jets.
(UPDATED: Oct. 25, 2022 3:05 P.M. ET) Alabama’s Huntsville International Airport in the past year has attracted new air cargo services controlled by major global logistics companies, solidifying its reputation as a leading cargo hub among lesser-known airports that don’t have massive passenger traffic. Kerry Logistics is so pleased with the airport’s efficiency processing shipments […]
Vallair says it will turn passenger aircraft into light-duty freighters by clearing out the cabin so boxes can be loaded on the floor.
Emirates is enlarging and modernizing its cargo fleet with modified passenger aircraft and new builds.
West Coast port employers and labor won’t extend their contract during bargaining, as business groups would like them to do.
Air France-KLM has reached a $3.9 million settlement with the U.S. government to resolve a fraud investigation involving international mail delivery.
Delta is the latest airline to settle charges of defrauding the U.S. Postal Service on mail transport contracts.
FedEx pilots want a rich new labor deal to keep up with their counterparts at United and UPS.
Silk Way West Airlines, an all-cargo carrier based in Azerbaijan, placed an order with Airbus on Tuesday for two A350 large freighters, moving from an exclusive Boeing fleet for the first time. The decision is another win for Airbus as it makes its first serious challenge to Boeing’s dominance in the production freighter market. With […]
Embraer is the latest manufacturer to launch a freighter conversion program for used passenger aircraft.