airlines

Companies moving goods between the U.S. and the U.K. will soon see more options open up. Delta Airlines (NYSE: DAL) and Virgin Atlantic are both increasing flights between the two continents beginning in the summer of 2020, and Delta will have a presence at Gatwick Airport for the first time in...

AIT Worldwide Logistics announced its largest acquisition to date earlier this week. The global supply chain mainstay purchased Los Angeles-based Unitrans International Corporation in a play to bolster its international airfreight services.  AIT President and CEO Vaughn Moore said the company...

Japan Airlines has resumed scheduled freighter service after a nine-year absence by entering into a "codeshare agreement" with U.S. cargo airline Kalitta Air. Under the service, JAL will market scheduled freighter service between Chicago and Tokyo on three weekly flights operated by Kalitta....

With August now beginning, it is reasonable to ask, given air cargo's soft performance this year, what is the outlook? Does the new month bring any month-to-month seasonal improvement in either U.S. import or export volumes compared to what we have just seen for July air cargo levels?  While we...

Atlas Air Worldwide Holdings Inc. (NASDAQ: AAWW) reported adjusted earnings per share (EPS) of $0.17 for the second quarter of 2019, missing analyst estimates by $0.54. Like other companies in the air cargo space, Atlas attributed its disappointing performance on tariffs and trade uncertainty. The...

Logistics provider Flexport Inc. has filed a lawsuit against Western Global Airlines, alleging the company failed to provide proper freight transportation. According to court documents, Flexport, headquartered in San Francisco, and Western Global Airlines (WGA) of Estero, Florida, entered into a...

Air cargo has seen its share of issues this year – softening traffic and yields, global economic growth slowdown concerns, trade wars and tariff threats adversely impacting business confidence, and economic indicators domestically pointing to a slowdown – plus the trucking industry is in what looks...

Airlines in the U.S. and Europe have been bearing the brunt of the grounding of Boeing Co (NYSE: BA)'s 737 MAX jets, which have been parked since March in the wake of two fatal crashes.  The Airlines' Position  More negative reports on Boeing are emerging: on Monday,...

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,...

The story of slowing global growth that Wall Street has been telling itself in recent months added a new chapter Friday in the form of Chinese industrial production data. The latest numbers show industrial production in the world’s second-largest economy rising just 5% on a yearly basis last...

United Continental Holdings Inc (NASDAQ: UAL) may have friendly skies ahead for investors following a price drop over recent months, but Spirit Airlines Incorporated (NYSE: SAVE) is headed for some revenue turbulence, Goldman Sachs said as it flipped ratings on the two carriers. The Analyst Goldman...

For Jason Berry, Managing Director of Alaska Air Cargo (NYSE: ALK) (a division of Alaska Airlines), it's that time of year when things get a little fishy. The opening of the Copper River salmon fishing season was last week, and early Friday morning, Alaska Air Cargo brought 18,000 pounds of the...

Transport provider Forward Air Corp. (NASDAQ: FWRD) said May 13 that Chris C. Ruble, chief operating officer (COO) of Forward Air's Expedited unit, was named the company's COO. In addition, Matthew J. Jewell, previously head of Forward Air's intermodal unit, was named the company's...

Large numbers of fliers told Barclays in a survey that it would be a year or more before they’ll again be comfortable flying on Boeing Co (NYSE: BA)’s 737 MAX planes, leading the firm to downgrade the jet manufacturer's stock.  The plane, Boeing’s signature commercial...

The Fed threw one right down the middle late Wednesday, declining to hike or cut interest rates and hinting that it might not make any additional rate moves for a while. Stocks responded like a child who just had the cookie jar taken away. The jar in this case appeared to be hopes that Fed Chairman...