Air cargo market: From ‘doom mongering’ to stability
After two consecutive years of negative growth, air cargo is shaping up for a rebound in 2024, according to the International Air Transport Association and industry experts.
After two consecutive years of negative growth, air cargo is shaping up for a rebound in 2024, according to the International Air Transport Association and industry experts.
Panama’s drought initially affected transits through the smaller locks. The pain has now spread to the larger Neopanamax locks.
The threat to global shipping has grown following a Tuesday attack against a commercial vessel in the Red Sea with no apparent ties to Israel.
Greg Miller of FreightWaves took a top prize at this year’s Seahorse Awards for his coverage of how geopolitics intersects with shipping.
Western Global Airlines is starting with a clean slate after completing Chapter 11 bankruptcy, but still faces difficult market conditions.
As war rages in Europe and the Middle East, a new flashpoint in South America could pose more complications for shipping.
Airbus beat out Boeing for Cathay Pacific’s order of new heavy freighters.
Next year, U.S. importers must navigate canal restrictions, diversions from the Red Sea, more canceled sailings and, possibly, a port strike.
DHL Express workers went on strike Thursday at the Cincinnati/Northern Kentucky Airport.
Imports have held up surprisingly well this year, but peak season’s end and canal restrictions are finally curbing volumes.
Reliable Robotics successfully tested its autopilot system with no one on board the Cessna cargo plane.
DHL Express says it has procedures to ensure there are no service disruptions if unionized ramp workers at its Cincinnati air hub go on strike.
Maritime security firm Ambrey has expanded an advisory to vessels in the Red Sea and Gulf of Aden, warning that rebels could be using outdated data to plan attacks.
U.S. crude exports have never been higher. Overseas buyers are incentivizing American producers to pump more “black gold.”
DHL Express announced high-level personnel changes in its global organization.
Commodity shipping has a well-deserved reputation for extreme volatility. The rise and expected fall in dry bulk is a case in point.
UPS will invest an undisclosed amount of money to build an ultra-modern air package hub at Hong Kong International Airport.
Maersk, the giant ocean shipping carrier, is testing a U.K. airport as a possible import base for its cargo airline.
Cargo airline Amerijet is operating fewer aircraft to conserve money as shipping demand from major customers shrinks.
Alaska Airlines will inherit a cargo business for Amazon as part of its acquisition of Hawaiian Airlines.