Businesses are bracing for higher air cargo rates and shipping delays as airlines ground aircraft and avoid Middle East airspace as the U.S. and Israel battle Iran.
The operator of a new airport in Mumbai, India, has started building a dedicated cargo facility for FedEx, which currently operates from a shared facility at the city’s legacy airport.
Lessor Air Transport Services Group has pulled the plug on its joint venture for passenger-to-freighter conversions because no airlines are adding modern narrowbody freighters under current market conditions.
DHL has decided to keep vaccines and other medical shipments within its air network instead of booking loads with commercial airlines to maintain cold chain integrity.
El Paso is a major border crossing for freight.
Sun Country Airlines generated record cargo revenue last quarter as its Amazon flying business took off.
Maersk Air Cargo is giving up on Boeing 767 freighters for trans-Pacific service and cutting ties with partner airline Amerijet as it transitions to the use of larger, more economical 777 jets.
DHL Global Forwarding is taking a creative approach with a truck-air service that aims to give shippers a reliable, cost-effective alternative to ocean and air transport.
The first operational group at Alaska Airlines to completely sync up with Hawaiian Airlines is cargo, paving the way for growth opportunities in international markets.
Saudi Arabia’s newest airline, Riyadh Air, says it is now able to provide cargo service for the first time.
Amazon will maintain, and grow, its cargo business with Sun Country Airlines even after the airline merges with Allegiant.
Both airlines’ price targets were raised to $20/share.
Regional airline Air Cargo Carriers has paid a settlement to resolve charges it defrauded the U.S. Postal Service by fudging time stamps to hide late deliveries.
Following its recent acquisition of Nippon Cargo Airlines, All Nippon Airways is moving forward with a restructuring to create a leaner, more focused cargo organization.
Amazon is giving money-back guarantees to help attract customers to its new wholesale air cargo business, which aims to use unfilled space on its cargo jets with third-party shipments.
FedEx has removed MD-11 freighter flights from its December schedule. The carrier could be without the freighters for a long time as aviation authorities investigate the cause of the recent UPS MD-11 crash.
Airbus outlined plans for the final stretch of development for its next-generation A350 freighter, which has 82 customer orders so far.
American Worldwide Agencies announced it has expanded its neutral wholesale freight network with the acquisition of UAC USA.
U.S. authorities have forced a $1 million settlement payment from a Miami-based all-cargo airline for allegedly defrauding the U.S. Postal Service.
United Airlines is declining to move cargo through Seattle to enable passenger aircraft to burn less fuel after a pipeline rupture created a fuel crunch.
