Air Cargo Market: Brace for big rate hikes
Shipping by air got much more expensive when the coronavirus pandemic exploded in March. After moderating earlier this summer, another price spike is brewing.
Shipping by air got much more expensive when the coronavirus pandemic exploded in March. After moderating earlier this summer, another price spike is brewing.
Taiwanese carrier’s dry bulk business takes a beating.
Will Iran retaliate after America commandeers four Iranian gasoline shipments?
Delta Air Lines is stripping — seats that is. Removing seats from passenger aircraft adds capacity for lucrative cargo.
The coronavirus pandemic remains a “major source of uncertainty for the entire logistics industry.”
The International Air Transport Association is preparing to eliminate about 400 jobs as airlines pinch pennies because of the coronavirus pandemic.
There was a marked difference in how Canada and the U.S. reacted to the opportunity of transforming passenger aircraft into twin-deck freighters by removing the seats. One country moved very fast. The other was slow to the party.
Asia crude drawdown slashes both the “tons” and the “miles” in the ton-mile equation.
The Port of Charleston reports its busiest July for vehicles handled.
Emirates says it will deploy dozens of all-cargo planes to Lebanon with humanitarian aid in response to the port explosion in Beirut.
ATRAN Airlines says increased online shopping has increased express air cargo traffic between Moscow and China’s northern cities.
The U.S. Postal Service doesn’t move the mail by itself. It relies on many transportation and logistics contractors. Cargo Forceis expanding operations to assist with express mail that is transported from airport-to-airport by another contractor – FedEx.
“We’re not doing any victory celebrations because the trade outlook remains unclear as long as the pandemic is with us.”
Asia-U.S. ocean freight rates are hitting record highs as import demand outpaces vessel supply.
Operating profit “turnaround” of more than $300 million reported.
GE Capital Aviation Services now has 74 orders for Boeing to convert versatile, narrow-body passenger planes for express and e-commerce services.
Magma has a nose for cargo. It will operate a new 747 that can open its front end to load big shipments.
Shippers are facing delays at Sydney Airport in Australia because cargo terminals are buried in cargo.
State-of-the-art rubber-tired gantry cranes will have 169 feet of lift height.
Imports of auto parts, passenger cars and commercial trucks into Texas ports declined 23% through the first six months of the year.