Air freight management industry news and business issues for the logistics professional covering air cargo, pricing, screening, forwarding and service providers.
Posted 09/06 · 09:13 AM · LM Editorial
In its Current Market Outlook Boeing
predicts that there will be a long-term demand for 34,000 new airplanes, valued at $4.5 trillion.
Posted 08/30 · 08:41 AM · LM Editorial
The International Air Transport Association (IATA) announced global traffic results for July showing slower growth in freight, but with considerable variation by region and market.
Posted 08/24 · 11:13 AM · LM Editorial
An 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 Editorial
As 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 Editorial
Company 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 Editorial
Covering 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 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.