Amerijet, pilots reach tentative labor agreement

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Miami-based cargo airline Amerijet and its pilots’ union have reached a preliminary agreement on a...

https://www.freightwaves.com/news/amerijet-pilots-reach-tentative-labor-agreement

Amerijet offshores accounting functions to Trinidad and Tobago

Miami-based Amerijet is moving some back-office functions to Trinidad and Tobago to save money and make it easier to fill positions.

The cargo airline announced Thursday that it had opened a new branch office in Port of Spain to handle financial and other management functions. The company has conducted air cargo operations at Piarco International Airport for 22 years, but the new office won’t be involved in sales or flights. Subsidiary Amerijet Caribbean Express provides cargo handling services...

https://www.freightwaves.com/news/amerijet-offshores-accounting-functions-to-trinidad-and-tobago

Maersk discloses mechanical issues disrupted trans-Pacific air cargo service

Ocean shipping and logistics giant Maersk acknowledged this week that persistent mechanical problems prevented its cargo airline from operating two new Boeing freighter aircraft for several weeks on a new route between South Korea and South Carolina.

Business consequences from the grounded aircraft have been limited because the global economic slowdown has decreased interest in air transport, but some customers have experienced delays.

Maersk’s repurposed private airline made its North American...

https://www.freightwaves.com/news/maersk-discloses-mechanical-issues-disrupted-trans-pacific-air-cargo-service

Maersk Air Cargo idles new freighters as demand subsides

Maersk Air Cargo has parked several leased cargo jets and dialed back flight activity in response to deteriorating demand in the airfreight market. And a planned route between China and the U.S. is on hold because adding new capacity doesn’t make economic sense. 

CMA CGM, another ocean carrier that now has an all-cargo airline, recently resumed service between Europe and the U.S. that had been temporarily suspended late last year, demonstrating that carriers respond differently to different...

https://www.freightwaves.com/news/maersk-air-cargo-idles-new-freighters-as-demand-subsides

Cargo airline Amerijet pulls plug on freight forwarding unit

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Amerijet International Airlines, a rapidly growing all-cargo airline based in Miami, is shutting...

https://www.freightwaves.com/news/cargo-airline-amerijet-pulls-plug-on-freight-forwarding-unit

Shipping line Maersk taps Amerijet for trans-Pacific air cargo expansion

A white Star Air cargo jet with blue tail in sky with wheels down to land soon.

Ocean shipping giant Maersk has quietly ordered three new 767-300 freighters from Boeing and arranged with Miami-based cargo airline Amerijet to fly them on trans-Pacific routes as the company’s air cargo division moves to gain a strategic foothold in the U.S. market.

During the past eight months, Maersk has poured resources from its hyper-profitable container line business into transforming the in-house airline into a full-service air logistics provider and expanding globally beyond its...

https://www.freightwaves.com/news/maersk-taps-amerijet-for-trans-pacific-air-cargo-expansion

New 757 freighters highlight Amerijet’s makeover

A white Amerijet aircraft with blue tail on the tarmac on a sunny day.

To say there have been lots of changes at Amerijet International the past 18 months would be an understatement. The Miami-based all-cargo airline is in the midst of a massive modernization and hyper-growth phase under the leadership of new CEO Tim Strauss that is vaulting it from a small, regional carrier to a strong, midsize competitor for global shipping business.

The 360-degree transformation has touched nearly every aspect of the business, from new fleet types and more aircraft to...

https://www.freightwaves.com/news/new-757-freighters-highlight-amerijets-makeover

Reverse thrust: Strauss to remain Amerijet CEO after reconciliation

A white jet with cargo door wide open on a bright sunny day.

Tim Strauss has rescinded his resignation as CEO of Miami-based cargo airline Amerijet International Airlines, one week after the company announced his surprise departure in what industry sources said was a disagreement over how to implement a new strategic vision.

“I am pleased to announce that Tim Strauss has decided to remain as CEO of Amerijet. I understand that the past week and a half may have been unsettling for some of you and appreciate your professionalism and support for the company,”...

https://www.freightwaves.com/news/reverse-thrust-strauss-to-remain-amerijet-ceo-after-reconciliation

Cargo airline Amerijet dumps CEO Tim Strauss after 1 year

A white Amerijet cargo plane with a blue tail landing on runway.

All-cargo airline Amerijet International abruptly ousted CEO Tim Strauss on Monday after only one year on the job and announced that former CEO and current Executive Chairman Vic Karjian will replace him on an interim basis, effective Saturday, while it conducts a search for a new CEO.

The Miami-based airline, which is owned by New York-based private equity firm ZS Fund, didn’t give a reason for the surprise change, but an industry source with close ties to the company said it was the result of...

https://www.freightwaves.com/news/cargo-airline-amerijet-dumps-ceo-tim-strauss-after-1-year

House Democrats try to claw back COVID aid from cargo airlines

White jets with blue tails, parked at airport, with stormy skies looming.

The third-ranking Democrat in the House of Representatives is asking four cargo airlines to return more than $630 million they received in emergency funding to keep workers from losing their jobs during the coronavirus pandemic, saying they aren’t entitled to the money because cargo business is roaring.

South Carolina Rep. James Clyburn, the majority whip and chairman of the Oversight and Reform select subcommittee on the coronavirus crisis, on Monday wrote Amerijet International, Atlas Air...

https://s29755.pcdn.co/news/house-democrats-try-to-claw-back-covid-aid-from-cargo-airlines