Air freight management industry news and business issues for the logistics professional covering air cargo, pricing, screening, forwarding and service providers.
Posted 07/10 · 10:00 AM · LM Editorial
At 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 Editorial
The 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 Editorial
As 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 Editorial
Company 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 Editorial
With 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 Editorial
TSA 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.
Posted 06/01 · 08:51 AM · LM Editorial
Brian pierce, chief economist at the International Air Transport Association (IATA), recently reported that there are mixed signals for air cargo shippers during this year and heading into next. Air cargo shippers need to be aware of the current and future challenges that are facing air carriers in order to better position themselves for the service levels and capacity they’ll need if their companies are going to compete on a global level.
Posted 05/29 · 02:11 PM · LM Editorial
A prominent air cargo security expert shared some insight with LM about the TSA's new December deadline for 100 percent cargo screening on international inbound flights to the U.S.
Posted 05/18 · 09:20 AM · LM Editorial
The Department of Homeland Security’s Transportation Security Administration (TSA) said this week that it has set a December 3, 2012 deadline, which requires passenger air carriers to conduct 100 percent cargo screening on international inbound flights.
Posted 05/09 · 08:56 AM · LM Editorial
Transportation and logistics bellwether UPS announced this week that it has expanded its UPS Express Freight service into Nicaragua and Honduras.