Archive for July 2023

AIR FREIGHT UPDATES CMA CGM Air Cargo faces crosswinds aircargonews.net CMA CGM Air Cargo looked to be facing challenges as its parent shipping group released its second quarter results. French shipping and logistics group CMA CGM did not provide specific […]

AIR FREIGHT UPDATES Asia Pacific air cargo demand hit by consumer spending shift and higher prices aircargonews.net A shift in consumer spending from goods to services and higher prices were partly to blame for an air cargo demand decline amongst […]

AIR FREIGHT UPDATES Flight delays at Canadian airlines far outstrip peers in U.S., despite improvements bnnbloomberg.ca Canada’s two biggest airlines saw a far higher proportion of their flights delayed this summer than many of their American peers, according to figures […]

OCEAN FREIGHT UPDATES Trans-Pacific shipping rates rise as carriers make capacity cuts freightwaves.com Shipping lines finally seem to be making some headway in managing vessel capacity in the Asia-U.S. trades. Spot rates have been on the rise for three straight […]

AIR FREIGHT UPDATES Airlines’ cargo revenue is slumping. That’s a sign of good news for travel recovery cnbc.com Delta, United and American this month each reported year-over-year declines of about 40% in their second-quarter cargo revenue. For the first half […]

AIR FREIGHT UPDATES Ocean carrier MSC adds 2nd cargo jet freightwaves.com Mediterranean Shipping Co., the largest ocean container line in the world, has received a second aircraft from Boeing for its startup cargo airline. The new 777-200 freighter will be […]

AIR FREIGHT UPDATES Cargo On Demand fraud lawsuit against Polar Air Cargo thrown out aircargonews.net Polar Air Cargo’s efforts to dismiss a fraud lawsuit brought by freight forwarder Cargo On Demand (COD) have been successful. The civil Racketeering Influenced and […]

AIR FREIGHT UPDATES Schiphol responds to thefts with new security requirement aircargonews.net Schiphol Airport is responding to incidents of theft with the implementation of stricter security requirements from the start of 2024. The airport will implement the Secure Import system […]

AIR FREIGHT UPDATES First carbon capture tool for airport terminals developed by Atkins and IATA aircargonews.net Atkins, a member of the SNC-Lavalin Group, working with the International Air Transport Association (IATA), has created a suite of innovative digital tools for […]

AIR FREIGHT UPDATES American Airlines Cargo joins efforts to end illegal animal trafficking aircargonews.net American Airlines Cargo has become the first US carrier to join the United for Wildlife group that aims to end the illegal trafficking of wildlife. The […]