air freight

Global manufacturing is repositioning — but it’s complicated

The shifting dynamics of global manufacturing and supply chain strategies have created an unprecedented moment of change for logistics professionals, businesses and policymakers alike. The China Plus One strategy, which encourages companies to diversify their manufacturing footprint beyond China, has gained traction due to rising labor costs, trade policy uncertainties and geopolitical tensions. 

However, as highlighted in discussions with Dimerco Express Group executives and industry experts,...

https://www.freightwaves.com/news/global-manufacturing-is-repositioning-but-its-complicated

Cass acquires ocean, airfreight invoice audit platform

Cass Information Systems announced Thursday the acquisition of Acuitive Solutions’ freight audit platform for ocean, air and drayage shipments.

The AcuAudit platform is an extension of Chattanooga, Tennessee-based Acuitive Solutions’ supply chain software offering. The fully automated platform validates and rerates invoices, ensuring freight bills are correct.

Financial terms of the transaction were not provided.

“Today, with a best-in-class solution for every mode as well as full global coverage,...

https://www.freightwaves.com/news/cass-acquires-ocean-airfreight-audit-platform

White Paper: Embrace the future of logistics with emerging tech

Tired of inefficiencies eating into your profits? Frustrated by customer demand outpacing your capacity? You’re not alone. The supply chain is changing rapidly, and falling behind is a risk no airline or freight forwarder can afford.

The good news? A new era of emerging technologies promises to optimize freight and cargo operations. Using these tools, you can:

  •   Maximize cargo capacity on flights
  •   Improve routing efficiency
  •   Boost on-time performance metrics

But realizing these gains is far...

https://www.freightwaves.com/news/white-paper-embrace-the-future-of-logistics-with-emerging-tech

Speedcargo automation tools find space where airfreight providers can’t

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At times, innovation is born out of curiosity, as inquisitive minds look for ways to simplify...

https://www.freightwaves.com/news/speedcargo-automation-tools-find-space-where-airfreight-providers-cant

Maersk Air Cargo opens US base with South Korea service set to debut

A Maersk Air Cargo truck trailer at a warehouse loading dock.

Maersk Air Cargo, the in-house airline of container shipping giant A.P. Moller-Maersk, plans to inaugurate scheduled airfreight service in the U.S. market on Oct. 31 between Rockford International Airport in Illinois and South Korea, FreightWaves has learned.

Meanwhile, Maersk has opened a freight station near Chicago O’Hare International Airport to support its aggressive growth plans for air cargo business in the United States, part of a broader transformation into a one-source provider of...

https://www.freightwaves.com/news/maersk-air-cargo-opens-us-base-with-south-korea-service-set-to-debut

Cargolux orders 10 Boeing 777-8 freighters to replace older jumbos

A large, white 747 freighter comes in for landing, heading toward camera with white clouds in the background.

Cargolux, a major all-cargo airline based in Luxembourg, has finalized an order with Boeing for 10 next-generation 777-8 freighters with options for six more aircraft, the companies announced Wednesday.

The move keeps Cargolux in the Boeing camp after Airbus late last year introduced a rival large freighter based on its popular A350 widebody passenger jet, its first serious effort in years to take on Boeing (NYSE: BA) in the freighter arena after a short-lived run making A330-200s.

Cargolux is...

https://www.freightwaves.com/news/cargolux-orders-10-boeing-777-8-freighters-to-replace-older-jumbos

Air Canada Cargo adds Boeing freighter, expands to more US markets

A white Air Canada Cargo jet with black tail and rim on the tarmac on a sunny day.

The addition of a third cargo jet will enable Air Canada to expand freighter service to the United States and Latin America.

Air Canada’s cargo division announced Thursday that Dallas and Atlanta, plus Bogota, Colombia, will be added to the fledgling freighter network in November. The new routes from the Toronto hub are timed with the arrival of the airline’s third converted Boeing 767-300 freighter,  a spokesperson said.

The Canadian flag carrier will operate three flights per week to each city....

https://www.freightwaves.com/news/air-canada-adds-767-cargo-jet-expands-to-more-us-markets

Air cargo peak season evaporates on low demand, high capacity

A container on a hydraulic lift being loaded through side door of a plane on a bright day.

It’s the time of year when retailers typically make their final push to ship goods from abroad in time for holiday shopping and freight rates are highest, but so far signs of peak season in air cargo are difficult to find. Instead, rates continue to slide as global economic clouds dampen demand and airlift supply rises with the recovery of passenger travel.

Air freight spot rates tumbled 9% year over year in September to below the 2021 level for the first time this year, Xeneta, an ocean and air...

https://www.freightwaves.com/news/air-cargo-peak-season-evaporates-on-low-demand-high-capacity

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