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

Cargo Facts 2018: The peak marches on

SAN DIEGO–Following air freight’s stellar performance in 2017 and the ongoing growth so far in 2018, industry organizations have expressed concerns about the slower rate of growth in recent months, as well as the impacts of a global trade war on the air cargo market. Not the panelists at today’s Cargo Facts Symposium here, however. […]
  • Caryn Livingston
  • October 11, 2018

Freighter aircraft transactions through April 2018

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 […]
  • David Harris
  • April 27, 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

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