Air Cargo: Page 13
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FedEx disputes WSJ report of air freight rate cuts
The Wall Street Journal reported FedEx is cutting prices, offering two-day shipping for the same price as FedEx Ground to capitalize on future e-commerce parcel growth.
By Morgan Forde • Updated June 25, 2019 -
Amazon Air adds 15 more aircraft
By 2021, Amazon will have 70 aircraft in its fleet, leveraging its own delivery network and decreasing its reliance on third-party carriers.
By Shefali Kapadia • June 18, 2019 -
Trendline
Peak season management
Higher peak season surcharges are one risk for shippers to manage this year.
By Supply Chain Dive staff -
Lululemon ups air freight anticipating Asia port congestion
"We are protecting our fall deliveries," said Lululemon CFO PJ Guido, predicting shipment consolidation from carriers and a rush to get product out of China later in the summer.
By Emma Cosgrove • June 14, 2019 -
Panalpina pilots blockchain for ocean, air freight document tracking
Panalpina acknowledged some of the current skepticism surrounding blockchain in its announcement, claiming to take a "rational and realistic approach towards the technology.”
By Matt Leonard • June 13, 2019 -
Ralph Lauren commits to sweeping sourcing changes in new sustainability strategy
Based on these new goals, Ralph Lauren is going to have a very different supplier base in 2025 than it does today.
By Emma Cosgrove • June 13, 2019 -
Lufthansa Cargo launches new e-commerce unit
As e-commerce parcel volumes grow and brands seek to reach increasingly international customer bases, Lufthansa's air cargo unit has launched a dedicated subsidiary called "heyworld" to serve online retailers.
By Morgan Forde • June 12, 2019 -
FedEx Express will cut ties with Amazon
By breaking ties with Amazon for air shipments, FedEx seems to convey a lack of interest in delivering packages for a company building out its own air network.
By Shefali Kapadia • June 7, 2019 -
Florida manufacturing at risk this hurricane season
Storm outages and disruptions to the Port of Miami and Miami International Airport "may cause ripple effects" through global supply chains, according to a DHL Resilience360 report.
By Matt Leonard • June 3, 2019 -
Air cargo shows slight growth for 1st time in 4 months
Global indicators paint a bleak picture for air cargo demand, and the International Air Transport Association said "growth is likely to remain subdued" in the near future.
By Matt Leonard • May 13, 2019 -
Adidas ups air freight to make up for supply chain shortages
CEO Kasper Rorsted warned air freight costs for the next two quarters will be "substantial," and the impact on gross margin from the increased freight spending should be evident by the end of the year.
By Emma Cosgrove • May 7, 2019 -
Amazon Air expands fleet, with larger air cargo stake down the road
Amazon filed for 40% stake each in two air cargo firms that operate its 40-aircraft fleet, an indication the company is heading toward ownership of a larger slice of the air cargo pie.
By Emma Cosgrove • April 2, 2019 -
DSV to acquire Panalpina in $4.6B deal
The merger creates the fourth largest freight forwarding company by revenue and ends months of speculation about the future of Panalpina.
By Shefali Kapadia • April 1, 2019 -
Boeing pauses delivery of 737 MAX 8 aircraft
Airlines can seek compensation from Boeing when a fleet of aircraft is grounded, which could end up costing the company billions.
By Matt Leonard • March 15, 2019 -
Air freight demand falls amid weak trade
The International Air Transport Association projected "little prospect" of a rebound for air freight unless trade tensions like Brexit and tariffs diminish.
By Matt Leonard • March 11, 2019 -
Amazon pledges 50% net-zero carbon shipments by 2030
Steps toward this new target, deemed "Shipment Zero," along with information regarding "Amazon’s company-wide carbon footprint" will be released later in the year.
By Emma Cosgrove • Feb. 19, 2019 -
UPS Air Cargo Teamsters agree to new contract
The new contract includes an immediate 17.7% raise and a 3% annual wage increases over the life of the agreement.
By Matt Leonard • Feb. 12, 2019 -
UPS powers up for Valentine's Day flowers
The logistics provider added 50 extra flights to handle flower shipments, to ensure procrastinating Romeos get their roses on time.
By Gary Wollenhaupt • Feb. 11, 2019 -
Freight market expected to reach $565B by 2022
Trucking is expected to generate the largest revenue of all the freight modes, according to a forecast by Freedonia Group, with expected revenue of $383 billion by 2022
By Matt Leonard • Feb. 11, 2019 -
The government shutdown is over for now, its final effects still unknown
The consequences of the federal government shutdown will have long lasting impact on company operations, supplier performance and customer service.
By Rich Weissman • Jan. 29, 2019 -
Air freight growth at a standstill amid trade tensions
Peak season, normally a boon for air cargo, was overshadowed by trade concerns such as U.S.-China tariffs and the upcoming Brexit deadline.
By Shefali Kapadia • Jan. 28, 2019 -
Novo Nordisk stockpiles insulin over worries of no-deal Brexit
The pharmaceutical company plans to increase its insulin stockpiles to 18 weeks — compared to typical levels around seven weeks.
By Matt Leonard • Jan. 22, 2019 -
UK airports invest in anti-drone technology
Airports around the world are vulnerable to drone incursions that could snarl passenger and freight traffic for days.
By Gary Wollenhaupt • Jan. 9, 2019 -
3 forces that will move freight markets in 2019 … and 1 that won't
New regulations, operating models and economic changes will lead to shifting trends this year in trucking, ocean shipping and rail.
By Emma Cosgrove • Jan. 7, 2019 -
ELD effects ripple far beyond trucking — to air cargo
The electronic logging device mandate has changed the shape of transportation logistics, with effects spiraling into intermodal freight.
By Barry Hochfelder • Dec. 20, 2018 -
FedEx doesn't see Amazon Air as a competitor, CEO says
Statements from FedEx executives on the company's earnings call refute an analyst report citing "encroachment" from Amazon Air.
By Emma Cosgrove • Dec. 20, 2018