air cargo

CMA CGM to invest $20B in US shipping, supply chain capabilities

France-based container shipping and logistic giant CMA CGM Group on Thursday announced it will invest $20 billion over four years in its U.S.-flag fleet, port terminals, an air cargo airline based in Chicago and warehouses in an apparent effort to align with President Donald Trump’s stated goal of bringing more industrial activity to America.

“I am proud to build on our long-standing relationship with the United States through this commitment of $20 billion to the country’s maritime future and...

https://www.freightwaves.com/news/cma-cgm-to-invest-20b-in-us-shipping-supply-chain-capabilities

Turkey’s ULS Cargo Airlines to receive 1st A330 freighter in March

Air Transport Services Group, a major lessor and operator of freighter aircraft, expects to deliver its first Airbus A330-300 converted freighter this month to Turkey-based ULS Airlines Cargo and a second one in April, an industry source close to the company said. 

The Airbus A330-300 cargo jets are much larger than the three A310 converted freighters ULS Airlines Cargo currently operates from Istanbul Airport. 

Air Transport Services Group (NASDAQ: ATSG) said in Tuesday’s fourth-quarter earnings...

https://www.freightwaves.com/news/turkeys-uls-cargo-airlines-to-receive-1st-a330-freighter-in-march

Milwaukee airport building facility to lure cargo from Chicago area

Construction is underway at Milwaukee Mitchell International Airport on a modern air cargo terminal that local officials say will make it easier for Wisconsin businesses to move goods domestically and internationally, but ultimate success still hinges on attracting one or more cargo airlines that can provide airlift.

The speculative project will redevelop a significant portion of a former U.S. Force Reserve base into a 337,000-square-foot dedicated cargo building with parking for up to five...

https://www.freightwaves.com/news/milwaukee-airport-building-facility-to-lure-cargo-from-chicago-area

Southwest Airlines VP of cargo Wally Devereaux to retire

Southwest Airlines’ top cargo executive is leaving the company after a 33-year career that started as a customer service agent at the Dallas Love Field home base and helped cement the carrier’s strong reputation for customer service in the logistics community.

Wally Devereaux, the vice president of cargo and provisioning at Southwest, announced on LinkedIn Thursday that he will retire at the end of March. He transitioned to the cargo department 26 years ago, moved up to director of sales in 2007...

https://www.freightwaves.com/news/southwest-airlines-vp-of-cargo-wally-devereaux-to-retire

Freight forwarder Allstates WorldCargo expands footprint with latest acquisition

Allstates WorldCargo announced Thursday that it has acquired fellow freight forwarder Saturn Freight Systems for an undisclosed sum.

Marietta, Georgia-based Saturn Freight Systems specializes in time-sensitive logistics and transportation services out of 27 locations, most of which are in the eastern U.S. The company’s customer base includes several Fortune 500 companies in the information technology, medical and printing verticals. It also specializes in trade show shipping.

“This acquisition...

https://www.freightwaves.com/news/freight-forwarder-allstates-worldcargo-expands-footprint-with-latest-acquisition

¿Ha estallado la burbuja de comercio electrónico para la carga aérea?

Qué diferencia hace un mes. A fines de enero, la comunidad de logística aérea era optimista que 2025 sería otro año fuerte. Se proyectó que el crecimiento disminuiría entre 4% y 6%, pero mantener la ganancia tórrida del 12% del año pasado no fue realista una vez que el mercado se recuperó de una...

https://fullavantenews.com/ha-estallado-la-burbuja-de-comercio-electronico-para-la-carga-aerea/?lang=es

Has the e-commerce bubble burst for air cargo?

What a difference a month makes. In late January, the air logistics community was optimistic 2025 would be another strong year. Growth was projected to slow to between 4% and 6%, but maintaining last year’s torrid 12% gain was unrealistic once the market recovered from a long downturn. 

As the specter of tariff wars rises, logistics professionals now worry that air cargo demand and rates could contract. The most deflationary measure is a U.S. threat to eliminate duty-free treatment for low-value...

https://www.freightwaves.com/news/has-the-e-commerce-bubble-burst-for-air-cargo

Teamsters pilots authorize strikes at Omni Air

This article first appeared in AirlineGeeks.

Omni Air International pilots represented by the Teamsters Union have voted to authorize strikes at the airline after the union said Omni made “unilateral changes to working conditions” without following legally required processes.

According to a news release from the Teamsters, 350 pilots represented by the Airline Professionals Association-Teamsters Local 1224 voted by a 99% margin to strike.

The move comes one year after pilots voted unanimously to...

https://www.freightwaves.com/news/teamsters-pilots-authorize-strikes-at-omni-air

Atlas Air, DHL termina la empresa conjunta de carga de aire polar

Atlas Air y DHL Express disolverán su empresa conjunta de carga aérea polar después de 18 años. ATLAS continuará brindando servicio de transporte aéreo para su socio comercial desde hace mucho tiempo bajo los arreglos de proveedores tradicionales, confirmó Freightwaves. Atlas Air es el operador...

https://fullavantenews.com/atlas-air-dhl-termina-la-empresa-conjunta-de-carga-de-aire-polar/?lang=es

+ More