Air Cargo: Page 12
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Global air cargo capacity falls for first time in 3 years
Freight capacity fell 4.4% year-over-year in February driven mostly by cancellations from airlines in the Asia Pacific region.
By Matt Leonard • April 6, 2020 -
United, American Airlines begin cargo-only flights as rates double between Europe and US
As the number of global consumer flights dwindles, so does a large slice of the global airfreight capacity that existed in the belly of those passenger planes.
By Emma Cosgrove • March 23, 2020 -
Explore the Trendlineâž”
Mario Tama via Getty ImagesTrendlineTop 5 stories from Supply Chain Dive
Here’s how companies are navigating rising costs, network changes and logistics disruptions across global supply chain networks.
By Supply Chain Dive staff -
FedEx 'attacking costs' as coronavirus dashes forecast
FedEx has been in cost-cutting and efficiency-seeking mode for several quarters, as it seeks to recapture tumbling profitability.
By Emma Cosgrove • March 17, 2020 -
Airfreight rates from China to US climb 27% in 2 weeks as demand surpasses capacity
Flight cancellations out of China have removed 5,100 tons of capacity from China per day on average, which has led to a 36% year-over-year decline in total airfreight capacity out of mainland China.
By Matt Leonard • March 12, 2020 -
EU travel restrictions to decrease transatlantic air cargo capacity
Though cargo-only flights are not restricted, removing belly cargo space from commercial flights will take a significant bite of out of market capacity on the affected routes.
By Emma Cosgrove • March 12, 2020 -
UPS taps former Home Depot CFO Carol Tomé to succeed David Abney as CEO
Tomé will be UPS' twelfth CEO in its 113-year history and the first woman to hold the position​.
By Morgan Forde • March 12, 2020 -
Coronavirus adds hurdle for air cargo industry saddled with demand slump
Airfreight demand was down YoY for 2019 and the full impact of the COVID-19 outbreak won't show up until the February numbers are released next month, according to the International Air Transport Association.
By Matt Leonard • March 9, 2020 -
Costco: It could take weeks to reach routine supply chain operations
The COVID-19 outbreak is affecting multiple parts of Costco​'s supply chain, not just its procurement and in-store operations.
By Matt Leonard • March 6, 2020 -
FedEx adds on-demand customs brokerage to Freightos
The partnership includes new digital services for multi-modal rate management and sales; air pricing, quoting and ebooking; and customs brokerage.
By S.L. Fuller • Feb. 28, 2020 -
UPS to spend $216M on expansion at Memphis airport
FedEx filed for its own $212 million expansion in Memphis in October.
By S.L. Fuller • Feb. 25, 2020 -
Shippers turn to air freight as Chinese factories come back online
The coronavirus outbreak led to a downturn in demand, but as commercial airlines cut capacity, carriers and freighters see an opportunity.
By Matt Leonard • Feb. 24, 2020 -
Coronavirus: A lesson in supply chain risk management
Companies are finding workarounds as COVID-19 cases and heightened e-commerce demand continue to disrupt supply chains.
By Matt Leonard • Updated June 21, 2022 -
FedEx to transfer some Express parcels to Ground for last mile
The aim is to improve parcel density and cost particularity for residential deliveries, FedEx said.
By Morgan Forde • Feb. 10, 2020 -
Hyundai, Airbus stop production as coronavirus leaves manufacturers scrambling
Two Hyundai suppliers, Kyungshin and Yura Corporation, have announced plans to increase production outside of China to make up for supply shortages and plan to resume production Sunday at their Chinese locations.
By Matt Leonard • Feb. 5, 2020 -
Buoyed by record volume, UPS expands services to support e-commerce speed
A commitment to fast delivery, and the exit of FedEx from the running, allowed UPS to increase its business with Amazon in 2019 — now 11.6% of its revenue.
By Emma Cosgrove • Jan. 30, 2020 -
Air cargo continues slump, down for 13th straight month
November is usually peak season for air cargo, but the ongoing trade war impacted volume in North American and Asian markets.
By Matt Leonard • Jan. 9, 2020 -
Investment in Hong Kong warehousing market falls 52% amid protests
The value of investment in the market fell to $719.9 million, down from $1.5 billion during the same period in 2018, a report from Real Capital Analytics found.
By Morgan Forde • Dec. 18, 2019 -
UPS expands global express and freight services to thousands of new postal codes
For domestic shippers already relying on UPS' delivery network, the carrier's continued global expansion facilitates shippers' ability to access emerging markets.
By Morgan Forde • Dec. 11, 2019 -
Demand for air cargo descends for a year straight
There are glimmers of a turnaround in some of the economic indicators, IATA suggested, but North American airlines are still adding capacity without the volume to support it.
By Matt Leonard • Dec. 11, 2019 -
Dive Awards
Business Decision of the Year: FedEx, Amazon break up
Unexpectedly, FedEx decided not to renew its Express and Ground contracts with Amazon this year in a bid to take on the broader e-commerce market.
By Morgan Forde • Dec. 9, 2019 -
No growth in air freight volume for 11th straight month
The industry blamed the ongoing trade war between China and the United States, which has resulted in decreased international trade.
By Matt Leonard • Nov. 11, 2019 -
Delta Cargo and Roadie offer same-day, cross-country delivery
The service is available for packages originating in Atlanta with the option of 55 destination cities. The service, called DASH, plans to expand to "dozens" of cities before the end of the year.
By Matt Leonard • Oct. 30, 2019 -
DSV Panalpina will target road transport for next M&A
The freight forwarder's chairman said the next acquisitions would likely take place in 12 to 18 months, after the integration of Panalpina.
By Shefali Kapadia • Oct. 9, 2019 -
UPS to add 50 planes to air fleet by 2022
Citing growing Next Day Air Volume, UPS said it plans to capitalize on growing e-commerce, healthcare and small business service demand and increase its share of the market by expanding the fleet.
By Morgan Forde • Oct. 4, 2019 -
DHL: Global trade to slow over next 3 months
DHL's Global Trade Barometer index sits at 47, indicating overall negative growth.
By Morgan Forde • Sept. 27, 2019