Air freight management industry news and business issues for the logistics professional covering air cargo, pricing, screening, forwarding and service providers.
Posted 07/01 · 09:28 AM · LM Editorial
Challenges remain, but carriers prove resilient
Posted 07/01 · 08:07 AM · LM Editorial
I’m not sure who said it, but it’s one of my favorite lines when it comes to putting the current market environment into perspective: You don’t know where you’re going unless you know where you’ve been.
Posted 07/01 · 06:27 AM · LM Editorial
Posted 06/28 · 03:02 PM · LM Editorial
As we discussed last week, air cargo shippers are increasingly concerned about the ongoing recovery of service in the Asia Pacific trade lanes.
Posted 06/27 · 11:05 AM · LM Editorial
The report stated that Deutsche Bahn management is considering restructuring Schenker’s U.S. business but added a withdrawal is more possible. And it added that Schenker management was due to deliver a business update by mid July and Deutsche Bahn executives plan to take a decision on the future of its U.S. business by the end of the year, possibly as early as August.
Posted 06/23 · 09:22 AM · LM Editorial
In its fourth quarter earnings report, Fedex explained its 6 percent y-t-d improvement on strong yield improvement in all transportation segments, as well as volume growth of ground and international express shipments.
Posted 06/15 · 10:50 AM · LM Editorial
Business logistics costs rose 10.4 percent last year, totaling $1.21 trillion, which is about what American businesses paid for freight transport in 2010, according to the authoritative 22nd annual State of Logistics report released Wednesday.
Posted 06/14 · 08:56 AM · LM Editorial
While the International Air Transport Association further downgraded its 2011 airline industry profit forecast to $4 billion, Asia-Pacific carriers are expected to earn $2.1 billion—the most profitable of all regions.
Posted 06/10 · 10:04 AM · LM Editorial
In an effort to meet increasing shipper demand, global express delivery and logistics services provider DHL Express began service for new, next-day intercontinental flights between the U.S. and the Middle East and Asia-Pacific to the U.S.
Posted 06/10 · 07:36 AM · LM Editorial
Despite recent signs of a slackening pace of global economic growth, California exporters turned in another impressive performance in April with shipments totaling $12.88 billion, a gain of 14.4 percent over the same month last year, according to an analysis by Beacon Economics of foreign trade data released this week by the U.S. Commerce Department.