air cargo

Amazon airline prioritizes bigger aircraft to handle third-party cargo

Amazon’s in-house cargo airline has reduced short-haul flying and focused on larger aircraft and multiple hubs to align with the company’s regionalized fulfillment model and new push into third-party air shipping that involves bulk shipments instead of small parcels, according to a report published Monday.

Over the past two years, Amazon Air (NASDAQ: AMZN) has undergone significant change with the addition of its largest aircraft, greater reliance on overnight package flying, hub expansion at...

https://www.freightwaves.com/news/amazon-airline-prioritizes-bigger-aircraft-to-handle-third-party-cargo

FedEx 757 accident prompts NTSB call for door latch inspections

The National Transportation Safety Board has issued new safety recommendations to Boeing and the Federal Aviation Administration regarding evacuation slides on certain aircraft types.

The recommendations stem from an ongoing investigation into an emergency landing, involving a FedEx Boeing 757-200 in Chattanooga, Tennessee.

On Oct. 4, 2023, FedEx flight 1376 experienced a hydraulic system failure shortly after takeoff from Chattanooga Metropolitan Airport. The flight crew attempted an emergency...

https://www.freightwaves.com/news/fedex-757-accident-prompts-ntsb-call-for-door-latch-inspections

Trump revoca el acceso libre de impuestos para los envíos de comercio electrónico chino

El presidente Donald Trump ordenó el miércoles por la noche al gobierno de los Estados Unidos que finalizara el tratamiento libre de impuestos para envíos de pequeños dólares de China y Hong Kong, a partir del 2 de mayo, como una forma de cortar importaciones ilícitas de opioides sintéticos y...

https://fullavantenews.com/trump-revoca-el-acceso-libre-de-impuestos-para-los-envios-de-comercio-electronico-chino/?lang=es

Trump revokes duty-free access for Chinese e-commerce shipments

President Donald Trump late Wednesday ordered the U.S. government to end duty-free treatment for small-dollar shipments from China and Hong Kong, effective May 2, as a way to cut off illicit imports of synthetic opioids and level the playing field for domestic retailers. The action is expected to upend e-commerce supply chains and could hurt the air cargo industry, which moves most cross-border packages for online retailers. 

Under U.S. trade law, goods valued at $800 or less shipped to a single...

https://www.freightwaves.com/news/trump-revokes-duty-free-access-for-chinese-e-commerce-shipments

CMA CGM subsidiaries augment air cargo capacity in different ways

France-based shipping and logistics giant CMA CGM made air cargo news on two fronts last week.

Ceva Logistics, the eighth-largest 3PL in the world, introduced a scheduled air charter service from China to the U.S. amid rising trade tensions between the countries. Meanwhile, sister company CMA CGM Air Cargo received a green light from a court in Belgium to take over Air Belgium’s all-cargo operations.

Ceva Logistics said it has rented a Boeing 747-400 freighter and crew from Atlas Air to operate...

https://www.freightwaves.com/news/cma-cgm-subsidiaries-augment-air-cargo-capacity-in-different-ways

WestJet transitions out of freighter operations, cargo VP resigns

The end of the road is near for freighter operations at WestJet. Cargo boss Kirsten de Bruijn has tendered her resignation, and the Canadian airline plans to wind down remaining freighter operations once it determines how to dispose of the four leased aircraft.

WestJet’s flirtation with operating a dedicated all-cargo airline alongside its main passenger business was short-lived, reflecting an overzealous reading of opportunities in the challenging Canadian market after airfreight demand...

https://www.freightwaves.com/news/westjet-transitions-out-of-freighter-operations-cargo-vp-resigns

FedEx orders Boeing 777 and ATR cargo aircraft, delays MD-11 retirements

FedEx Corp. has exercised options to purchase eight additional Boeing 777 freighters from Boeing and pushed back retirement of the tri-engine MD-11 fleet in response to rising demand for international nonparcel freight service, the company said in third-quarter results.

On Friday, Toulouse, France-based ATR, a manufacturer of regional aircraft, announced that FedEx (NYSE: FDX) will acquire 10 extra ATR 72-600 turboprop freighter aircraft, with deliveries scheduled between 2027 and 2029.

FedEx...

https://www.freightwaves.com/news/fedex-orders-boeing-777-and-atr-cargo-aircraft-delays-md-11-retirements

FedEx dice que la incertidumbre económica desaceleran los paquetes y la demanda de flete

Las acciones de FedEx Corp. cayeron más del 5% en la negociación del mercado de accesorios el jueves después de que el gigante de la parcela integrado redujo su guía de todo el año para el tercer trimestre consecutivo debido a la intensificación de los vientos en contra y la incertidumbre en la...

https://fullavantenews.com/fedex-dice-que-la-incertidumbre-economica-desaceleran-los-paquetes-y-la-demanda-de-flete/?lang=es

FedEx says economic uncertainty slowing parcel and freight demand

FedEx Corp. shares fell more than 5% in aftermarket trading Thursday after the integrated parcel giant reduced its full-year guidance for the third consecutive quarter because of intensifying macroeconomic headwinds and uncertainty in the U.S. industrial economy, which are crimping higher margin B2B shipping services.

FedEx (NYSE: FDX) said it expects revenue to be flat to slightly down year over year from the previous outlook of flat revenue. The estimated range of earnings per share, excluding...

https://www.freightwaves.com/news/fedex-says-economic-uncertainty-slowing-parcel-and-freight-demand

Another cargo airline downsizes operations as parcel business dries up

AirExplore, a Slovakia-based contract carrier for other airlines, is disengaging from cargo flying because of limited demand for narrowbody freighters and will focus on its passenger business, FreightWaves has learned.

The news follows other recent examples of small or midsize airlines that provide supplemental capacity to network carriers discontinuing or downsizing cargo operations amid a glut of standard-size freighters and stagnant parcel volumes.

AirExplore, a subsidiary of Lithuanian-owned...

https://www.freightwaves.com/news/another-cargo-airline-downsizes-operations-as-parcel-business-dries-up

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