Cargo traffic bounces back in August first look

August results are in from some of the world’s big carriers, handlers, and airports, and after lackluster June and mixed July results, cargo growth looks to have rebounded during, particularly out of Asia. However, while more of the major carriers reported year-over-year growth during August compared to the past couple of months, growth rates are […]

• Caryn Livingston
• September 18, 2018

FedEx FY19 off to a strong start in first quarter

Yesterday, Memphis-based FedEx reported revenue up 11.5%  y-o-y for its 1QFY19 (ended 31 August) to US$17.05 billion. Operating income for the quarter rose 10.3% to $1.07 billion, while net income jumped 40.1% to $835 million. Looking beyond the quarter, company CEO Fred Smith told analysts during an earnings call the company is anticipating record-breaking volume […]

• Charles Kauffman
• September 18, 2018

Freighter aircraft transactions through mid-September

Every week in Cargo Facts Update, we include a list of recent freighter aircraft transactions, and then a comprehensive summary in the monthly issue of Cargo Facts. Each reference to a freighter aircraft transaction (FAT) in our publications contains a unique FAT code linked to the FAT database on the CargoFacts.com website. This database is available to subscribers as […]

• Charles Kauffman
• September 17, 2018

How will FedEx beat back Amazon’s challenge? Here’s a hint

FedEx yesterday offered a glimpse at how the express company will fend off competition from Amazon, which continues to develop its own Amazon Air dedicated air network. The secret: infrastructure. David Cunningham, president and CEO of FedEx’s express business, said during a presentation before the Wings Club in New York yesterday that FedEx’s infrastructure gives […]

• JJ Hornblass
• September 14, 2018

UPS expects big return on facilities, fleet investments

At a UPS “Transformation Conference” in New York today, the company outlined plans for expanding and automating its international and domestic express services to better accommodate burgeoning cross-border e-commerce volumes, justifying the major capital expenditures with larger expected returns on revenue. The express company struggled somewhat during the second quarter of this year, reporting a […]

• Caryn Livingston
• September 13, 2018

Runaway e-commerce growth reshaping air freight: Part II

Today, we conclude our two-part analysis of the ways in which surging demand from e-commerce is changing how participants across the air freight supply chain operate, and what the future of air freight in a logistics world built around e-commerce might look like. Part II examines how e-commerce marketplaces are making moves toward offering their […]

• Caryn Livingston
• September 12, 2018

Latin America industry leaders to address air freight challenges, opportunities

Speakers who will be appearing on a Latin America-focused panel at the upcoming Cargo Facts Symposium see much to be optimistic about in the region – especially e-commerce, which has been a boon globally for the air freight industry – but also acknowledge challenges, both ongoing and imminent, that could have a negative impact on […]

• Caryn Livingston
• September 11, 2018

SpiceJet adds maiden 737 NG freighter, more on the way

Today, India-based low-cost carrier SpiceJet took redelivery of its maiden freighter, a Bedek Aviation Group-converted 737-700BDSF (29042, ex-Xiamen Airlines), to support the launch of a newly created cargo subsidiary, SpiceXpress. The aircraft, on-lease from Spectre Cargo, is the first of four Spectre-leased 737 NG freighters SpiceXpress plans to put into service over the next few […]

• Charles Kauffman
• September 10, 2018

New trade deal would shake up US-Mexico air freight flows

On 27 August, the United States and Mexico reached a preliminary trade deal that will affect the future of complex North American manufacturing supply chains. Under the current North American Free Trade Agreement (NAFTA), automobile manufacturing in North America has become increasingly integrated, accounting for about $135 billion in total trade between Canada, Mexico, and […]

• Alan Hedge
• September 10, 2018

Announcing Cargo Facts Asia 2019

We are excited to announce that registration is now open for the eighth annual Cargo Facts Asia. Cargo Facts Asia will be presented by both Cargo Facts and our sister publication Air Cargo World, and is your gateway to opportunity in the Asia-Pacific region. With the rise of own-operated networks and the ever-expanding Belt and Road Initiative […]

• Charles Kauffman
• September 10, 2018