air cargo

FreightWaves features Market Voices – a forum for those with unique knowledge of numerous transportation/logistics/supply chain sectors, as well as other critical expertise. Airports are funded by a mix of public and private money. As an example, airlines pay landing fees for flights and...

Pittsburgh, Pennsylvania is undergoing something of an economic renaissance, and a recent partnership between Sri Lanka-based freight forwarder Expo Freight (EFL) and Qatar Airways Cargo highlights the city's efforts to become a relevant player in global logistics.  EFL has committed to making...

Freightos CEO and serial entrepreneur, Zvi Schreiber, ventures onto FreightWaves Insiders this week to discuss: Freightos new deal with a major airline that has the company soaring, the dangers of replicating Amazon's business model, and the how he has found success as an entrepreneur. Subscribe...

International freight forwarding and logistics company Panalpina Welttransport (U.S. OTC: PLWTF) reported 0.64 (Swiss Francs, or CHF) per share in earnings for the second quarter of 2019 compared to 0.84 CHF for the same period last year and well below Seeking Alpha's consensus estimate of 0.92 per...

Freightos, the software as a service (SaaS) platform for the freight industry, is building an online pricing and booking platform for air cargo for one the biggest airlines in the world. United Continental (NYSE: UAL) plans to use Freightos' WebCargo Horizon platform as the back-end system for on-...

FreightWaves features Market Voices – a forum for voices with unique knowledge of numerous transportation/logistics/supply chain sectors, as well as other critical expertise. To an outsider, it appears that Boeing is having trouble in its Commercial Airplanes division limiting the bad news to just...

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The latest overall industry reports for air cargo covering May traffic came out last week. Consistent with earlier reporting, the International Air Transport Association (IATA) reported air cargo ton-kilometers were off 3.4 percent globally in May, a modest improvement from April when volumes fell...

Good day, Work slowdowns and strikes as part of negotiating tactics deployed by the Teamsters against Atlas Air Worldwide Holdings Inc. (NASDAQ: AAWW) and Polar Air Cargo Worldwide have been ordered to stop by the U.S. Court of Appeals for the District of Columbia. Teamsters Local 1224 had been...

The global air freight industry remains mired in a months-long downturn. Yet in the midst of the gloom, there appears to be a tiny ray of sunshine poking through the clouds. The May 2019 data published early Wednesday by the International Air Transport Association (IATA), the leading airline trade...

On Friday, June 28, the International Air Transport Association (IATA) published its quarterly Cargo Chartbook for the second quarter. The Chartbook is a broader and deeper analysis of market developments and drivers for what's happened in air cargo for the period.  Overall, industry-wide freight-...

Air Canada (TSE:AC) will acquire Transat A.T. (TSE:TRZ), the parent company of Canada's third-largest airline, strengthening its position as the country's dominant carrier.  The companies announced on June 27 that they had reached a final agreement for Air Canada to pay C$520 million, or C$13 per...

FreightWaves features Market Voices – a forum for market experts with unique knowledge of numerous transportation/logistics/supply chain sectors, as well as other critical expertise. Middle East tensions have escalated since a U.S. military drone was shot down recently by Iran. Mistake or not,...

Amazon.com, Inc. (NASDAQ: AMZN) announced on June 18 that it will lease 15 Boeing (NYSE: BA) 737-800 freighters from GE Capital Aviation Services (GECAS), the aircraft lending unit of General Electric Co. (NYSE: GE). The airplanes, which will operate in the U.S., will enter Amazon's fleet by 2021,...

FreightWaves features Market Voices – a forum for market experts with unique knowledge from numerous transportation sectors. Already one of the world's busiest passenger airports, Hartsfield-Jackson Atlanta International Airport has set its sights on becoming a U.S. top five cargo airport. To...