Posted 08/24 · 11:13 AM · LM EditorialAn effort focused on national domestic freight initiatives was introduced this week by United States Department of Transportation (DOT) Secretary Ray LaHood.
Posted 08/01 · 10:18 PM · LM EditorialAs if navigating the Great Recession, earthquakes, tsunamis, terrorist threats, revolutions, volcanos, and high fuel prices over the past 24 months wasn’t enough, along comes the European economic crisis to tug on the wings of world’s leading air cargo carriers.
Posted 07/23 · 10:38 AM · LM EditorialCompany officials said that this new, twice-weekly flight will augment transit times into Sydney, Melbourne, and Brisbane, Australia by at least one day.
Posted 07/13 · 11:02 AM · LM EditorialCovering roughly 13 acres, company officials said the hub can process up to 20,000 documents and 20,000 parcels per hour.
Posted 07/10 · 10:00 AM · LM EditorialAt a time when the economic recovery has clearly hit a soft patch and the economic road map remains highly uncertain, the road to recovery is being paved for future success.
Posted 07/01 · 10:00 PM · LM EditorialThe logistics industry has yet to climb back to the profitability it hit in 2007–the precipice from which it dropped during the recession. According to the report’s author and industry analysts, it may be a while until the overall industry hits full stride again.
Posted 06/06 · 10:56 PM · LM EditorialAs the International Air Cargo Association readies itself for the Annual General Meeting in Beijing next week, analysts will be able to examine one of the few bright spots in global aviation.
Posted 06/05 · 10:32 AM · LM EditorialCompany officials said that the majority of these aircraft are currently parked and not in revenue service, adding that it will take a non-cash impairment charge of $134 million, which is $84 million net of tax and recorded in the fiscal fourth quarter of 2012.
Posted 06/01 · 10:20 AM · LM EditorialWith the ongoing consolidation of air carriers, shippers are growing concerned about losing old relationships while having to forge new ones. Fortunately, freight intermediaries are helping them stay on course.
Posted 06/01 · 09:28 AM · LM EditorialTSA officials said that this agreement will result in better communication sharing, stronger security, and more efficient air cargo transportation between the U.S. and the EU, which represents more then 1 million tons per year going to and from each continent and 20 percent of all EU outbound air cargo.