How big is the logistics industry?
The global logistics industry is big and getting bigger.
The global logistics industry is big and getting bigger.
Nippon Cargo Airlines is adding a Taipei stop due to demand from customers such as Flexport.
Having a private “airline” to move customers’ freight made sense two years ago when the market was robust and Flexport was less established in the logistics industry. Now, the company has enough muscle to compete directly for airline capacity.
The Jones Act has been in effect for nearly 100 years. Read about its pros and cons in this commentary by Darren Prokop.
Overseas shipping – particularly during the holidays – can be difficult. Here are some tips for making the process easier and more successful.
Air Cargo Market Expert Jesse Cohen writes an insightful commentary on what the outlook for air cargo is in 2020.
Santa seems likely to leave some coal in the airfreight industry’s stocking this year, but some see 2020 turning to glitter if the industry can get past what is poised to be a difficult Q1.
The latest statistics from airlines and airports reinforce what we already know: The air freight market is in a protracted recession. But filtering the data for seasonal fluctuations paints a slightly more optimistic picture. September marked the 11th consecutive month of year-over-year declines in freight volumes, the longest period in a decade. Freight volume, measured […]
Updated at 8:40 p.m. Atlas Air Worldwide Holdings Inc. (NASDAQ: AAWW), buffeted by a weak global airfreight market exacerbated by trade disputes and disruptions from a labor dispute with its pilots, lost $879,000 in the fiscal third quarter from operations, compared with a $54.5 million operating profit in the same period a year ago. Operating […]
Read what Ted Stevens Anchorage International Airport is doing to stay relevant and its importance to U.S.-international trade.
Market expert Jesse Cohen writes about the 2019 air cargo market to date, and industry personnel look ahead to 2020.
The world’s second-largest third-party logistics provider reports sea and land transport Q3 performance gains but confirms air freight market decline.
The joint venture between Delta Airlines (NYSE: DAL) and LATAM Airlines (NYSE: LTM) proposed last month was motivated by synergies on the passenger side, but analysts also see attractive opportunities to extend cargo reach, make money and benefit shippers. Delta officials have not publicly discussed the potential to gain from each other’s cargo strengths and […]
The International Air Transport Association said Wednesday that overall global demand for airfreight declined at a faster rate in August than July, contracting 3.9% compared to 2.4% the month before. And international airfreight volume fell 4.6% year-over-year versus the 3.3% decline in the previous month. The July figure is a revision from the previously reported […]
No short-term relief for cargo congestion at LAX is coming from infrastructure upgrades, so companies are looking at process improvements to speed up cargo hand-offs.
Airbus has elevated its 20-year demand forecast for all-cargo aircraft, saying the market will need 2,800 specialized units to handle growth in international trade and e-commerce, 400 more than it estimated last year. The European aircraft manufacturer predicts air cargo will double by 2038 based on a compound annual growth rate (CAGR) of 3.6%, up […]
Cathay Pacific saw double-digit drops in both tonnes of cargo carried and cargo and mail revenue freight tonne kilometres.
Airlines use a lot of skills to maximize freighter and wide-body space for cargo
News that a key test on Boeing’s next-generation 777 wide-body jetliner went awry last week raised questions about possible production and delivery delays, but for all-cargo fleets, the glitch is a non-issue because no freighter variant is planned right now. Still, the plane provides great value as a cargo hauler because its huge lower deck […]
Logistics providers have been able to plan around the British Airways labor disruption and avoid cargo delays for their clients.