Maersk, a major container shipping line, is set to debut its U.S. air cargo service and has focused its resources on the Chicago area.
Cargolux is sticking with Boeing over Airbus for replenishing its 747 freighter fleet. On Wednesday, it ordered 10 modern 777-8s.
Air Canada is giving shippers more airfreight options in the Americas, thanks to a new converted freighter.
Air cargo professionals figured business would take off after the summer lull. Turbulent economic conditions and pre-buying have prevented that so far.
Boeing is more optimistic about demand for air cargo over the next 20 years, which is why it forecasts a need for 540 more freighters than competitor Airbus.
Embraer is the latest manufacturer to launch a freighter conversion program for used passenger aircraft.
The air cargo market has lost some steam from 2021 but is still going strong, according to the airline trade group IATA.
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.
Record cargo revenue motivates investment in dedicated aircraft, cold storage and IT systems
The air cargo market turned negative in March, after a strong February, because of the Ukraine war. Analysts say inflation and lower export orders could signal less shipping activity ahead.
