The three alliances will take delivery of a large number of ultra-large container ships over the next two years, sending smaller tonnage cascading down to the other trades for the rest of this year and in 2018. Most of those displaced vessels will be redeployed, with the largest of them moving to the Asia-Mediterranean trade, […]
United Technologies Corp. agreed to buy Rockwell Collins Inc. for about $23 billion, creating an aerospace behemoth that can outfit jetliners and warplanes from tip to tail. The transaction, one of the biggest in aviation history, gives rise to an aircraft-parts giant better positioned to withstand the squeeze from planemakers Boeing Co.and Airbus SE for […]
The air cargo industry is responding to tropical storm Harvey which has ripped through the Texas Gulf Coast with record rainfall, causing extensive flooding. Rapid response aviation charity Airlink, partnering with 35 airlines and 60 non-governmental relief organisations, said: “Airlink’s humanitarian partners from across the US are responding to the need for rescue, shelter, food, […]
US airlines continued to see air cargo traffic increase at double-digit percentage levels in July, with improvements recorded at American, Delta and United. United, the largest freight carrier of the three airlines, saw demand increase by 17.1% year on year during the month to reach 279m cargo ton miles (CTM).
With little fanfare, Airbus SE is about to mark an unusual milestone in aviation: simultaneous production of the same aircraft on three continents. The company will hand over the first A320 to roll out of its Mobile, Alabama, assembly plant on Aug. 25, meaning North America will join Europe and Asia in producing the most […]
Deployment of bigger container shipping vessels to the United States East Coast ports is yet to take place as carriers take their time to reshuffle their vessel schedules. Despite the removal of infrastructural obstacles that prevented bigger ships from entering East Coast ports, including the expansion of the Panama Canal and the most recent raising […]
As it indicated in its previous report, data recently issued by San Francisco-based freight forwarding and customs brokerage services provider Flexport in its July 2017 Market Update continues to pinpoint the pairing of rising volumes and rates with Peak Season here.
London Heathrow airport’s cargo traffic grew at an all-time high in July, largely driven by a surge in American Airlines trans-Atlantic shipments. Europe’s fourth-largest air freight hub handled 143,000 tonnes (157,300 tons), resulting in a 10 percent rise in traffic in the first seven months of the year to 966,580 tonnes and a 12-month increase […]
New speakers have been added to the Freighters World Conference line-up, while all entries for the gala awards ceremony are now in. This year’s Freighters World Conference and Awards event takes place in Chicago at the InterContinental Hotel from September 26-27, with a welcome reception the evening before the event starts.
Later this month, British all-cargo airline CargoLogicAir (CLA) will begin twice-weekly U.K.-to-Mexico service – the first scheduled cargo route the carrier has offered – linking Mexico City to markets in the United States, via Atlanta, and the carrier’s London-based hub.
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