Despite an anticipated increase in air traffic this summer, air freight rates will likely stay elevated throughout the year. This is because the traffic increase won’t come in the routes that freight needs to follow. Bruce Chan, VP of Global Logistics at Stifel,...
With lockdowns and restrictions driving up e-commerce and with cargo capacity stifled, FedEx sees its profits rise in the crisis. However, the company is staying focused at the long-term picture. To some, air cargo is the poor relation of commercial aviation. Perhaps...
Amazon announced today that this month they’ve already launched operations in their first regional air cargo hub in Europe, at the Leipzig/Halle Airport in Germany. The facility will serve Amazon’s distribution network in the whole of Europe. There is no question that...
With lock-down conditions returning in many European countries, another air freight capacity shortage is on the cards as we approach Christmas. Hopefully, airlines and cargo operators are now better prepared for it. But there are limits to what each of them can do....
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