Avianca bankruptcy exit fuels cargo expansion
Passenger airline Avianca plans to lease up to four converted freighters as cargo becomes a strategic focus.
Passenger airline Avianca plans to lease up to four converted freighters as cargo becomes a strategic focus.
FedEx is trucking an emergency shipment that arrived Sunday in Indianapolis on a U.S. military jet to a Nestle warehouse.
United Airlines is significantly boosting its cargo capacity with the reintroduction of Boeing 777-200 jets.
President Biden has approved the first mission for Operation Fly Formula: Bring back baby formula from Europe.
Infant formula manufacturers and the federal government have called in the air cargo cavalry to help with the formula shortage.
The White House has set up Operation Fly Formula to rush imports of baby formula to stores until domestic production can ramp up to cover the shortage.
CMA CGM is a dominant ocean freight carrier that is rapidly growing in air cargo. A tie-up with Air France-KLM will accelerate that expansion.
EgyptAir is acquiring a small freighter to go with its trio of widebody cargo planes.
Airfreight is one solution Abbott Laboratories is using to replace lost production from a U.S. plant that was closed down by the FDA.
Israel Aircraft Industries announced Cargojet as the third customer for its program to convert Boeing 777 jets into full-time freighters.
Boeing has landed a large freighter order from Lufthansa, while Embraer has launched a program to modify used planes for cargo in the regional market.
Air Transport Services Group seems to have immunized itself from air cargo volatility by leasing aircraft to e-commerce shippers and U.S. government personnel.
Airlines are carrying less cargo because of global economic headwinds, but the slowdown isn’t reflected in shipping rates.
More planes and less cargo haven’t translated yet to a big drop in shipping prices between North America and Europe because of airport logistics problems.
The U.S. military has tapped private cargo airlines to ferry weapons for Ukraine to Poland.
Canada isn’t a sleepy cargo destination anymore. E-commerce, cross-border and international shipping are robust, and Canadian airlines are adding freighters to meet the demand.
Cargojet last year announced an order for two passenger-to-freighter conversions of the Boeing 777 but was less public about buying six more of the aircraft.
Converting passenger aircraft for cargo use is like rebuilding a house. One alternative is a quick makeover for carrying parcels in the cabin.
Over the last few years, and as economies continue to evolve, many companies across many industries are switching to technology as a new way to streamline their operations.
COVID lockdowns in major Chinese cities are bottling up freight shipments, but the full impact on global trade won’t be clear until this summer.