United Airlines nearly closed the year-over-year gap in cargo revenue during the first quarter as the air logistics sector shakes off a lengthy slump.
CMA CGM Air Cargo, with roots in the container shipping industry, plans to add 11 large freighters from Boeing and Airbus within three years. The first additions will enable the start of an Asia-U.S. service this summer.
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It’s not a great return on investment to acquire an aircraft and immediately ground it because demand is soft. But that’s what Saltchuk Aviation and its Alaska-based subsidiary Northern Air Cargo have done.
The air cargo market’s upturn helped Delta Air Lines in the first quarter, but revenues were still lower than in 2022.
The U.S. Postal Service picked UPS to replace FedEx as its primary partner for moving parcels by air, but analysts say FedEx actually comes out ahead by losing the business.
iAero, a contract carrier for DHL Express, says it is going out of business by the end of the week.
UPS will take over flying mail and parcels for the U.S. Postal Service later this year. FedEx is relinquishing the contract but says the move will make it more profitable.
FedEx and UPS have recently announced job reductions as part of ongoing efforts to streamline operations and boost profits.
Maersk teamed up with FreightWaves to better understand how shippers are navigating the current air cargo environment. The duo surveyed representatives of a wide range of companies about their experience over the past year, as well as their expectations about the future.
My Freighter, a fledgling carrier based in Uzbekistan, began leasing a third widebody freighter from Ohio-based Air Transport Services Group.
Delta Air Lines has named Peter Penseel, currently at Ceva Logistics, to head Delta Cargo.
A DePaul University report says Amazon’s air logistics unit is increasing efficiency by adopting a hub-and-spoke operating system for its cargo jets and airport locations.
Silk Way West Airlines is buying another 777 freighter from Boeing.
Bad blood between factions in the FedEx pilots’ union is making it difficult to present a unified position in collective bargaining with the company. Some hard-liners are turning against leadership and pushing for a strike to get better terms.
You’re familiar with the term “when pigs fly.” But what about a whale? Airbus flies a fleet of cargo jets that have an uncanny resemblance to a beluga whale.
Ongoing efforts to stabilize finances at Amerijet appear to have cost Chief Commercial Officer Eric Wilson his job.
Airbus for years has operated whale-shaped cargo jets to support its manufacturing operation in Europe. Now it has dedicated a portion of its fleet to haul extra-large shipments for external customers.
Lufthansa Cargo saw a big drop in profitability last year because of difficult market conditions.
A Qatar Airways 747 freighter touched down for the last time on Friday. The plane has been sold to UPS.
