Archive for June 2023

AIR FREIGHT UPDATES Not much to smile about in air freight, if you’re not carrying e-commerce theloadstar.com The e-commerce market out of southern China remains strong in air cargo – but that appears to be the only joy on the […]

AIR FREIGHT UPDATES Asia Pacific air cargo demand continued to suffer in May aircargonews.net Asia Pacific air cargo business in May continued to suffer from “subdued demand conditions, driven by weak business confidence levels”, according to the Association of Asia […]

AIR FREIGHT UPDATES New York Area Airports Come To Near Standstill As FAA Problems Continue simpleflying.com Over the course of the last three days, over 20,000 flights in the United States Northeast have been delayed or canceled. New York area […]

AIR FREIGHT UPDATES  Storms Continue To Delay Flights In The Northeast United States simpleflying.com Within the past 24 hours, over 7,000 delays have been reported across the United States today with the majority coming from the thunderstorm-struck Northeast. The weather […]

  AIR FREIGHT UPDATES FedEx to ground more planes as profits come under pressure aircargonews.net Express giant FedEx will ground more aircraft after both revenues and operating income declined during its fiscal fourth quarter of the year due to “demand […]

AIR FREIGHT UPDATES Thunderstorms Ground Flights In Miami And Fort Lauderdale simpleflying.com Hundreds of flights arriving and departing from South Florida airports were impacted due to severe weather on Monday. The intense thunderstorms prompted the Federal Aviation Administration (FAA) to […]

AIR FREIGHT UPDATES Boeing predicts demand for over 900 new freighters in next 20 years aircargonews.net Boeing has predicted there will be demand for 2,825 dedicated freighters over the next 20 years. In its 2023 Commercial Market Outlook (CMO), the […]

AIR FREIGHT UPDATES US shippers warned of stricter security rules for larger air cargo loads aircargonews.net US freight forwarders have been urged to prepare for stricter cargo security rules by the Airforwarders Association (AfA) or face not being able to […]

OCEAN FREIGHT UPDATES Blank sailings under scrutiny as US maritime commission ‘looks for clarity’ theloadstar.com Following the $9.8m penalty imposed on Maersk-owned operator Hamburg Süd last week, the US Federal Maritime Commission (FMC) is to revise OSRA 22, itself a revision […]

AIR FREIGHT UPDATES Virgin Atlantic Cargo is “highly unlikely” to operate freighters again in current market aircargonews.net Virgin Atlantic Cargo (VAC) is “highly unlikely” to operate freighters now the air cargo market is in decline following its pandemic peak. VAC managing […]