The airfreight market is gaining strength as trade and e-commerce grow, but the disappearance of most international air travel is hurting airlines. And the situation appears to be worsening with new waves of COVID in Europe and the U.S.
With passenger planes all but out of commission earlier this year – and still lagging considerably in the fourth quarter – shippers had significantly fewer options for moving their products across the world.
Danish third-party logistics services provider’s bottom-line benefits from easing COVID-19 during summer months.
Air freight demand for COVID-19 vaccines will be massive, according to the International Air Transport Association (IATA).
COVID vaccines will be the highest priority for air cargo companies, and that means other types of shipments could sit in warehouses waiting to catch a flight if space is short.
The Airbus A321 is a ubiquitous people-hauler, but now Australia Post has the first freighter version of this popular aircraft.
The challenges of delivering a coronavirus vaccine to 8 billion people are immense, but over time more logistics companies will be able to participate as shipping tolerances ease.
Ground handling companies, with the help of Trump administration officials at the Treasury Department, took CARES Act aid designed to keep workers employed and still terminated many of them.
Airline industry experts are just guesstimating when they say 8,000 big freighter planes will be needed to rush COVID vaccines to the public. Until we know more about the shipping requirements and packaging logistics, folks will still be in the dark.
American Airlines achieved a $77 million quarter-over-quarter gain in cargo revenue thanks to stepped-up cargo operations and favorable market rates.
How do you prepare for the Super Bowl if you don’t know who your opponent is? That’s how airlines and freight managers feel about preparations for transporting a COVID-19 vaccine when one is approved because manufacturers aren’t freely sharing shipping details.
U.S. Transportation Command has teamed with Elon Musk’s SpaceX to develop “rapid transportation through space.”
The A321 has a lot of potential in the air cargo market because of its efficiency and payload. Companies are beginning to convert passenger planes into cargo freighters.
Alibaba is taking on Amazon around the world. Its latest move is in South America, with a new dedicated air service to speed up shipments.
Michael White has been carrying the flag for air cargo in the U.S. for more than two decades. He will retire at the end of the year.
National Airlines – not National the car rental company – is adding three 747s to its freighter fleet at a time when shippers are desperate to find airlift.
The air cargo industry is operating with an anchor tied around its waist: The absence of strong passenger service.
Emirates SkyCargo’s flight to Guadalajara, Mexico, will include automotive components, fresh produce and other general cargo.
President Donald Trump is trying to fast-track a COVID-19 vaccine and appears ready to mobilize military assets. A possible scenario involves an airlift with Air Force cargo jets, which offer two advantages: speed and cold storage.
Radiant Logistics achieves a couple of records during the recent quarter. Moving PPE and other aid paves the way to a large earnings beat.
