Air cargo market risks downturn as export orders contract
Airlines are carrying less cargo because of global economic headwinds, but the slowdown isn’t reflected in shipping rates.
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.
The U.S. government is preventing the sale of any item to a Russian cargo airline it accuses of flying U.S.-made aircraft in violation of sanctions.
United Airlines more than doubled its cargo revenue in the first quarter versus 2019. The passenger side is nearing full health too.
Logistics companies like Dimerco are combining air and road transport to move supplies for Mexican manufacturers from Asia.
Alpine Air Express flies for FedEx and UPS. By acquiring a small cargo airline, it also picked up DHL Express as a customer.
A torrent of backlogged cargo in China is expected to overwhelm global ports once Chinese authorities end widespread COVID lockdowns.
Delta Air Lines grew Q1 cargo business because of supply chain chaos like that unfolding in Shanghai now. (Photo: Delta)
Air France-KLM is an early adopter of the new Airbus A350 freighter, which is based on the popular long-haul passenger aircraft.
The European Union’s permission for airlines to load cargo in the passenger compartment during the pandemic will expire on July 31.
Canadian passenger airline WestJet is transforming itself into a hybrid passenger-freighter airline.
United Airlines is bringing back dozens of 777s after a safety issue was resolved, but the process is taking longer than expected.
Record cargo revenue motivates investment in dedicated aircraft, cold storage and IT systems
Maersk is one of the world’s dominant container shipping lines. Now it is making a play to be a major cargo airline.