Amazon foregoes Atlas Air board seat by keeping holdings low
Amazon is selling shares of Atlas Air Worldwide Holdings as it exercises vested warrants, a move that keeps its stake in the company under...
E-Commerce
Anchorage Airport advances cold storage facility amid cargo surge
Alaska Cargo and Cold Storage (ACCS) will break ground on a new 700,000-square-foot warehouse next door to Anchorage Airport (ANC)...
Amazon CMI operator Sun Country files for IPO
Minneapolis-based Sun Country Airlines, which currently operates twelve 737-800BCFs under CMI agreements with Amazon, filed Feb. 8 with the U.S....
DHL prepares for double 767 inductions
DHL Express sent off a pair of ex-American Airlines 767-300ERs this week to be converted into freighters, as it continues...
Challenge Airlines expects block hour bump from China flying
Increased flying for Cainiao, Alibaba’s capacity-hungry logistics affiliate, may further increase block hours flown by Belgium-based Challenge Airlines and its...
UPS starts 2021 with record Q4 profits, international volumes
UPS ended 2020 on a strong note, reporting record revenue for the year and record operating profit in all segments...
Challenge Airlines expects increased utilization from Alibaba flying
Increased flying for Cainiao, Alibaba’s capacity-hungry logistics affiliate, may further increase block hours flown by Belgium-based Challenge Airlines and its...
Apex reduces retailer lead times and costs, increasing air charters by 225%
Apex Logistics International increased total air charters by 225% last year to support businesses navigating unprecedented pandemic costs—catapulting from 500...
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