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

Amazon explores cargo charter service with Sun Country Airlines

Sun Country Airlines is in discussions with Amazon about expanding their air cargo partnership to include special charter flights for dedicated customers, CEO Jude Bricker said on a media call Thursday to discuss the carrier’s financial results.

Sun Country (NASDAQ: SNCY), a hybrid low-cost carrier, operates 12 Boeing 737-800 converted freighters on a daily basis within Amazon’s scheduled domestic air network to support next-day and two-day package delivery.

Amazon’s (NASDAQ: AMZN) air logistics...

https://www.freightwaves.com/news/amazon-explores-cargo-charter-service-with-sun-country-airlines

WestJet adopts new business model for freighter aircraft

Canadian airline WestJet has pivoted to offering other airlines and logistics companies the option of chartering its small fleet of Boeing 737-800 cargo jets to move goods after recently discontinuing scheduled cargo service because of weak demand.

WestJet Cargo on Tuesday issued a news release promoting its charter service in North America and Latin America utilizing Boeing 737-800 converted freighters. The cargo division said it introduced charter service in the fourth quarter of 2023, but...

https://www.freightwaves.com/news/westjet-adopts-new-business-model-for-freighter-aircraft

Huntsville offers Southern hospitality to air cargo

An airport tug pulls a cart with cargo toward a white jet with an open cargo door.

Alabama’s Huntsville International Airport in the past year has attracted new air cargo services controlled by major global logistics companies, solidifying its reputation as a leading cargo hub among lesser-known airports that don’t have massive passenger traffic.

Kerry Logistics is so pleased with the airport’s efficiency processing shipments from Hong Kong for distribution in the eastern half of the U.S. that it has already increased charter flights to four per week after opening an airside...

https://www.freightwaves.com/news/huntsville-offers-southern-hospitality-to-air-cargo

Superhot airfreight market leaves shippers in the cold

A Cargolux 747 cargo plane on the tarmac on a bright day with an empty pallet in the foreground.

Importers and exporters should brace for the pandemonium roiling the ocean freight sector — where container shipping delays and prices are at all-time highs — to wash over the air cargo market this month.

Full planes and skyrocketing freight rates are signs the market has tightened to the point that shippers will be hard-pressed to find air transport for their goods as holiday-season shipping enters the stretch run, according to market analysts and logistics specialists. 

Welcome to the...

https://www.freightwaves.com/news/superhot-airfreight-market-leaves-shippers-in-the-cold

Unique Logistics books dozens of Asia cargo jets for peak season

A light gray plane is loaded with cargo from the rear door using a hydraulic lift.

Large logistics providers have responded to the dearth of air cargo capacity during the coronavirus pandemic by leasing entire planeloads with crews to make sure they can meet customers’ transport requirements. Not to be outdone, New York-based Unique Logistics International has been one of the most aggressive midsize freight forwarders in locking up capacity, contracting for more than 150 freighter flights from Asia in the second half of the year.

Beginning June 13, Qatar Airways will operate...

https://www.freightwaves.com/news/unique-logistics-books-dozens-of-asia-cargo-jets-for-peak-season

Unprecedented Rush for Charters and Freighters As Cargoes Pile-up

  • There is a crazy rush for charter flights and pax-freighters from China.
  • They are instrumental in carrying millions of tons of PPE kits all over the world.
  • The rates have come down a bit, due to less demand in the current market.
  • Large cargo carriers are using pax-freighters to carry all types of cargo.
  • Cathay Pacific said the passenger fleet normally carried over 50% of its cargo.
  • Korean Air is operating 32 of its 110 scheduled international flights next month.
  • It plans to secure more routes...

https://mfame.guru/unprecedented-rush-for-charters-and-freighters-as-cargoes-pile-up/