Air Cargo: Page 9
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Airfreight demand returns to pre-pandemic levels, but capacity could take longer to materialize
The transpacific lane won't be the first to benefit from the return of passenger planes and belly capacity. Freighters expect their services will be in demand into next year.
By Matt Leonard • July 8, 2021 -
Dean Mouhtaropoulos via Getty Images
HB Fuller leans on 'strong supplier relationships' to navigate shortages, tight freight market
Strategizing for a "ship stuck in the Suez is exactly what they're set up to do," an executive said of its supply chain team.
By Matt Leonard • July 1, 2021 -
Explore the Trendline➔
Spencer Platt/Getty Images via Getty Images
TrendlineInside the trends affecting logistics management
The demise of the de minimis exception, trade tensions and tariffs are among the new challenges logistics managers are facing.
By Supply Chain Dive staff -
Retrieved from Port Authority of New York and New Jersey via Flickr on June 28, 2021
JFK seeks to modernize 'inefficient cargo operation' with new facility for airfreight handling
The $145 million project will develop a 350,000 square-foot facility that includes modern technology, such as an automated vertical racking system.
By Edwin Lopez • June 29, 2021 -
Justin Sullivan via Getty Images
USPS considers setting longer benchmarks for 32% of first-class packages
The agency said the changes would support increased package volumes, create network efficiencies and allow for more transportation time for long-distance delivery.
By A.B. Brown • June 28, 2021 -
Permission granted by Wilmington Air Park
Wilmington Air Park, once abandoned by DHL, is brought to life by Amazon Air
Wilmington grew its cargo volume by nearly 289% YoY in 2020, according to an analysis of government data by researchers at DePaul University
By Matt Leonard • June 14, 2021 -
Low capacity keeps airfreight rates high between Asia and US
Prices from Hong Kong to the U.S. reached $8.07 per kilogram as of Monday, which is down from a mid-May peak but more than double 2019 rates.
By Matt Leonard • June 10, 2021 -
Jeff Topping via Getty Images
Brands turn to air cargo as inventory delays continue
The companies behind brands such as Levi Strauss and Tommy Hilfiger said they are expediting more shipments to keep up with sales.
By Edwin Lopez • June 8, 2021 -
Sea-to-air conversions drive up airfreight rates on Transpacific
Tight capacity and volatility in the air cargo market leads many shippers to seek longer-term contracts with their carriers.
By Matt Leonard • May 10, 2021 -
DSV's Agility M&A builds scale, clout in fragmented forwarding market
DSV feeds its appetite for acquisitions with a deal valued at more than $4 billion.
By Shefali Kapadia • April 28, 2021 -
Kevork Djansezian via Getty Images
Ceva Logistics adds guaranteed airfreight capacity in volatile market
Shipper demand for sea-to-air conversions reduced airfreight capacity and increased rates in the aftermath of the Suez Canal blockage.
By Matt Leonard • April 22, 2021 -
5 freight technologies send supply chains on a greener path
A growing level of shipper interest, along with pressure from the public and regulators, is driving carriers to invest in more sustainable delivery options.
By Matt Leonard , S.L. Fuller • April 21, 2021 -
Courtesy of UPS
Photos: A look at how UPS eVTOLs could shake up logistics
A small, electric aircraft that can take off and land vertically at distribution and sortation centers will enable faster delivery speeds.
By S.L. Fuller • April 15, 2021 -
Courtesy of International Maritime Organization
Shippers assess impact to cargo as Ever Given is freed from Suez Canal
Ikea confirmed it has containers on ships waiting to pass through the Suez Canal and said it "will consider all supply options available to secure the availability of our products."
By Matt Leonard • March 29, 2021 -
FedEx Express rates expected to remain elevated for next 12 months
The logistics company plans to increase the capacity of its Express network over the next year, putting seven parked planes back into operation and launching new services.
By Matt Leonard • March 19, 2021 -
Tight ocean market, extended lead times push shippers to airfreight
Air cargo demand has rebounded to pre-pandemic levels. But capacity remains down with many passenger planes grounded, and pricing is unstable.
By Matt Leonard • March 9, 2021 -
Courtesy of FedEx
FedEx to convert parcel fleet to EVs by 2040, eyeing a carbon neutral future
The announcement is part of a broader $2 billion investment focused on clean energy, carbon removal and electrification.
By A.B. Brown • March 5, 2021 -
Expeditors: 'Severely' misaligned freight market spikes ocean, air rates
"We moved more freight in the fourth quarter of 2020 than in any other quarter in our history," the company's CEO said in its earnings release.
By Matt Leonard • Feb. 17, 2021 -
Courtesy of DSV Panalpina
DSV Panalpina ready for 'M&A adventures'
The CEO said its preferred acquisition is a large, global forwarder with similar characteristics as DSV, as the company seeks a larger share of the fragmented market.
By Shefali Kapadia • Feb. 11, 2021 -
Courtesy of Peloton
Peloton will incur 10 times its usual transportation costs as it ships by air, expedited ocean
The fitness equipment company is spending $100 million to speed deliveries to frustrated consumers.
By Shefali Kapadia • Feb. 8, 2021 -
Analysts see 'no underlying currents' to loosen tight airfreight capacity
Shippers, forwarders and carriers pivoted to short-term rate negotiations and the spot market as airfreight capacity dropped 18% YoY.
By Matt Leonard • Feb. 4, 2021 -
Airfreight rates start 2021 on a decline following mediocre peak
Rates more than doubled YoY from China to the U.S. to reach $7.57 per kilogram in the last week of December, but pricing has already fallen to $6.19 per kilogram in the first half of January.
By Matt Leonard • Jan. 11, 2021 -
Courtesy of Amazon
Amazon buys 11 planes to boost airfreight capacity
The aircraft purchases, a first for Amazon, come at a time when airfreight procurement has become increasingly difficult, and e-commerce demand is soaring.
By Matt Leonard • Jan. 6, 2021 -
Airfreight rates from China to US rise 58% ahead of the holidays
The ongoing distribution of coronavirus vaccines could increase annual air cargo demand by 2% and lift airfreight rates in the first half of next year, according to one analyst.
By Matt Leonard • Dec. 22, 2020 -
Courtesy of BioNTech
Coronavirus vaccine distribution by the numbers
Millions of doses, thousands of flights, hundreds of cold storage locations — and one race to vaccinate the world.
By Matt Leonard • Dec. 14, 2020 -
FedEx, UPS collaborate on VIP treatment for coronavirus vaccine deliveries
FedEx Express Regional President of the Americas Richard Smith noted that peak-season volume will largely travel on the company's Ground network while the vaccines will use its Express operation.
By Matt Leonard • Dec. 11, 2020
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