Atlas fleet boost bumps 4Q18 earnings

Atlas Air Worldwide Holdings (AAWW) reported a fourth-quarter net income of $211.0 million, up 0.7%  from net income of $209.5 million for 4Q 2017 on solid results from the company’s ACMI, Charter and Dry Leasing segments. Operating income rose 19.5% to $127.6 million and total operating revenues increased 21.8% to $765.0 million from substantial growth […]

• Charles Kauffman
• February 19, 2019

Amazon growing last-mile strength, planning to go toe-to-toe with integrators?

Major integrators FedEx and UPS have been adamant that they aren’t worried by Amazon’s growing freighter fleet and last-mile delivery network. However, after yesterday’s release of fourth-quarter and full-year 2018 results from US-based 3PL and major Amazon service provider XPO Logistics, perhaps integrators and other logistics providers in major markets served by Amazon should be […]

• Caryn Livingston
• February 15, 2019

Top 5 freighter aircraft transactions of 2018

Season’s greetings from Cargo Facts! Many of our readers are spending today at home with family and friends, rather than at the office. But the holidays are also a good time to reflect over the year just past. Today, enjoy a look back at some of the highlights of this year’s freighter aircraft transactions. With […]

• Caryn Livingston
• December 24, 2018

Top 10 Cargo Facts stories of 2018

We at Cargo Facts thank you for your loyal readership during this busy year and wish you continued success in the coming new year. With only a handful of business days remaining in 2018, we thought we’d take one last look back at this year and revisit some stories that readers found particularly interesting. In […]

• Caryn Livingston
• December 13, 2018

Amazon’s potential threat to FedEx and UPS

More freighters are likely to follow the fortieth 767-300F delivered last month to Amazon Air’s fleet. Today, a research note from Morgan Stanley added that “the market is missing the risk” that Amazon Air poses to growth at United States-based integrators FedEx and UPS. Of course, the idea that Amazon may intend to become an integrator […]

• Caryn Livingston
• December 4, 2018

Amazon announces delivery of freighter, takes step closer to becoming an integrator

E-tailer Amazon is edging closer to becoming an integrator with yesterday’s delivery of the fortieth 767-300 converted freighter, Valor, to its air carrier subsidiary, Amazon Air. The delivery was announced at the Seattle-based company’s post-Veteran’s Day event in Long Beach, California. As reported by our sister publication Air Cargo World, the 767-300F (28865) completes Amazon’s […]

• Chelsea Toczauer
• November 13, 2018

Air cargo grows at Sea-Tac Airport

The Cargo Facts team was treated this week to a behind-the-scenes tour of the cargo operations at Seattle-Tacoma International Airport (SEA). There, the Port of Seattle’s Air Cargo team – Tom Green, Senior Manager for Air Cargo Development, Ken Galka, Air Cargo Operations Manager, and Patrick Haley, Air Cargo Facilities Manager – drove the Cargo Facts team […]

• Caryn Livingston
• October 19, 2018

Overheard at Cargo Facts Symposium Part II: A bright future for 737 NG conversions

SAN DIEGO – Yesterday, we started our two-part coverage of our annual “Overheard at Cargo Facts Symposium” review. You can revisit that story here. Today, in part II we take a look at what’s happening in the conversion market and what’s ahead for e-commerce. Think 737 Classic conversions are over? Not so fast! Despite a […]

• Caryn Livingston
• October 16, 2018