ASL Aviation has purchased two Boeing 747s to maintain access to the planes and is shifting smaller planes from Europe to its Australia subsidiary.
Colis Privé, a subsidiary of Ceva Logistics, has reached a tentative agreement to acquire major units of Paack, allowing it to enter the delivery market in Spain and Portugal.
FedEx is investing $54 million to add capacity at its Netherlands trucking hub to keep up with growing transport demand in Europe and enable easier connections to its air cargo network.
FedEx management on Thursday explained the rationale for their new investment in InPost, a fast-rising European parcel carrier.
FedEx has partnered with three investment companies to buy European parcel carrier InPost and take it private, with both sides leveraging complimentary strengths in last-mile delivery and global distribution.
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.
Capacity reductions and additional blanked sailings by carriers struggle to maintain recent General Rate Increases on the trans-Pacific.
Cargojet has introduced its first scheduled freighter service to Europe. Latam Cargo has added more flights and new routes between Brussels and several South American destinations.
Global container traffic posted strong results in August, with North America a notable exception, according to newly-released data.
FedEx is targeting its European operation in the next round of cost cuts. Combining U.S. ground and Express networks requires careful balancing to maintain customer service.
Several small or midsize airlines that operate freighter aircraft are giving up on cargo flying to focus on business-to-business passenger flying and subleasing aircraft because of limited business opportunities.
Several freighter operators are flying new routes this year between Europe, Asia and the Middle East to meet increased customer demand.
Uber Freight has set a goal to acquire over $2 billion in freight under management in Europe by 2028.
Amazon Air is downsizing operations at Leipzig/Halle International Airport.
Inflation and economic fallout from the war are curbing demand just as a tidal wave of new ship supply hits the water.
Amazon is dialing back flights for its European cargo airline. The third party operating those flights has let go nearly 30 pilots.
To view more FreightWaves infographics, click here
A fifth of U.S. containerized imports come from Europe. Shipping on this route remains much more expensive than it used to be.
EU’s ban on diesel fuel from Russia shifts trade patterns
The EU is Streets Ahead of the US in Electric Vehicle Uptake
