Korean Air and Lufthansa Cargo saw cargo revenues shrink substantially during the first quarter amid weak economic conditions.
Canadian air cargo company Cargojet is searching under every rock for savings to maintain profit levels as shipping demand deteriorates.
Two of the world’s largest third-party logistics providers consider the glass half-full despite a substantial drop in profits.
Etihad Airways in Abu Dhabi and SF Airlines in China are helping each other expand globally by providing ground services for the other at their main freighter hubs.
Sun Country is bucking the trend of express carriers flying fewer hours because of slow shipping volumes. Its Amazon fleet is busy as ever.
UPS is adjusting its air network to minimize wasteful flying while shipping volumes are weak.
American Airlines joined its peers in posting lower cargo revenue for the first quarter from a year ago.
Gol Airlines in Brazil will have five all-cargo aircraft in its fleet by next month operating in a dedicated service for a large online retailer.
Hawaiian Airlines faces more turbulent market conditions coming out of the pandemic than nearly any airline. On the bright side is a new charter contract with Amazon that will diversify the business.
Cargolux set financial records in 2022 but expects its air cargo business to decrease this year because of difficult operating conditions.
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