Air Cargo: Page 11
-
UPS negotiates pricing 'customer by customer' as shift to residential delivery hits profits
The company removed $1 billion in capital expenditures from its 2020 plans, but still pledged to have 100% of parcel volume flowing through automated sorting by 2022.
By Emma Cosgrove • April 28, 2020 -
USPS ships mail by sea as airfreight crunch continues
This is not the first time the Postal Service has made such a move due to the COVID-19 outbreak, a USPS spokesperson told Supply Chain Dive.
By Emma Cosgrove • April 24, 2020 -
Trendline
Peak season management
Higher peak season surcharges are one risk for shippers to manage this year.
By Supply Chain Dive staff -
Inside Ceva Logistics' approach to managing GM's ventilator supply chain
Retooling production from semiconductors to ventilators requires Ceva and GM to work with hundreds of new suppliers.
By Matt Leonard • April 23, 2020 -
UPS adds more than 200 flights in April for US, Europe coronavirus relief
The move follows FedEx's announcement of 150 additional flights for COVID-19 relief in April.
By S.L. Fuller • April 17, 2020 -
FAA offers safety guidance for passenger planes ferrying cargo
Global air cargo supply relies heavily on the belly space of passenger planes and with the vast majority of commercial flights canceled, the industry has lost capacity and demand is high.
By Emma Cosgrove • April 17, 2020 -
FedEx adds 150 flights in April to shuttle PPE from Asia to the US
The carrier plans to redeploy aircraft it had parked, according to Bloomberg. FedEx has been cutting airfreight capacity since September.
By S.L. Fuller • April 13, 2020 -
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 -
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