Modern Logistics prepares to put next 737F into service, plans further fleet expansion

Brazil-based Modern Logistics is preparing to put a fourth 737F into commercial service in the coming weeks and plans to add several more narrowbody freighters before the year’s end, company CEO Gerald Lee tells Cargo Facts. Modern is also looking at adding a second fleet type this year, likely freighter-converted ATR 72-200Fs, as it continues to […]

• Charles Kauffman
• January 10, 2019

Azul, Correios joint venture wins regulatory approval

Brazil’s top regulatory authority, Administrative Council for Economic (Cade) has approved, without restrictions, the creation of an integrated logistics joint venture (JV) between Brazil-based Azul Cargo Express and Correios. The antitrust body assessed that the operation does not increase the likelihood of closing the air cargo market, due to both companies’ small market share in […]

• Chelsea Toczauer
• December 5, 2018

The right-sized freighter for trade imbalance in Latin America [VIDEO]

As economies in Latin America continue to rebound after an extended period of contraction, the region is seeing a resurgence in demand for freighters. Speakers on a Latin America-focused panel at Cargo Facts Symposium 2018 argued that the equipment utilized, and the networks in which freighters operate, are evolving to match the needs of today’s market. LATAM Cargo, […]

• Charles Kauffman
• October 24, 2018

Azul Cargo Express’ first 737-400F arrived in Brazil

Brazil-based Azul Cargo Express’ first 737-400F arrived in Belo Horizonte this week, sporting a new livery. The aircraft (28198, ex-Miami International) recently underwent conversion to freighter configuration by PEMCO and is on lease from Vx Capital Partners. Azul Cargo Express said this freighter – the first of two 737-400Fs has agreed to lease from Vx […]

• Charles Kauffman
• July 13, 2018

Azul Cargo Express’ initial freighter operations just the beginning?

In late December last year, Brazil-based Azul Brazilian Airlines issued a joint press release with Correios (the country’s postal service), announcing their plan to form “an integrated logistics solutions company.” Shortly after, the company announced its intention to lease two 737-400Fs, which lead to the false assumption by many, that the two deals were connected. […]

• Charles Kauffman
• June 21, 2018

All eyes on Amazon… and Brazil

After a severe three-year recession that began in 2014, Brazil’s economy appears to be on the rebound, with GDP growth of 0.7%, y-o-y in 2017, and expected growth of 1.9% this year, according to the IMF. Although this will not be nearly enough to reverse contractions of 3.8% in 2015, 3.6% in 2016, it is […]

• Charles Kauffman
• April 19, 2018

Freighters, and a new logistics venture, for Brazil’s Azul

In late December last year, Brazil-based airline Azul Linhas Aéreas Brasileiras issued a joint press release with Correios (the country’s postal service), announcing their plan to form “an integrated logistics solutions company,” with operations to begin in the first half of 2018. At that point, the plan was in the form of a non-binding Memorandum […]

• David Harris
• March 20, 2018

Modern Logistics commences operations

After a few years in a prolonged “start-up” state, Brazilian all-cargo carrier, Modern Logistics launched operations earlier this week, with its first revenue flight between Campinas Viracopos (VCP) and Recife (REC) with its sole 737-400F. Back in early 2015, it appeared the carrier was poised for immediate rapid growth, but until now, such growth never […]

• Charles Kauffman
• June 15, 2017