Air Cargo News
The Journal of Commerce’s air cargo news covers the movement of air cargo, including air cargo shipping, air cargo carriers, air freight forwarders, air freight, air shipments, cargo airports and cargo news. It also tracks air cargo trends, air freight news, shifting of cargo between air and ocean, airports and airfreight delays and congestion.
Updated: 44 min 7 sec ago
Supply-demand disruption continues to elevate South Asia air cargo rates
Given the huge volumes involved in ocean freight, even a small percentage shift in transport mode from South Asia shippers is enough to keep air cargo demand and rates buoyant.
CMA CGM Air Cargo enters key trans-Pacific market amid e-commerce boom
With Asia-Europe services already served by 12 weekly flights out of Paris, the addition of an Asia-US network will fill a crucial gap in the airline’s global coverage.
Sustained demand for e-commerce to lift 2024 air cargo market: forwarders
Chinese e-commerce marketplaces are rapidly expanding their global reach as strong demand from online shoppers in the US and Europe drives up air freight volumes and keeps transport capacity tight.
Asian air cargo block space sold out for 2024 as e-commerce fills export capacity
The air freight market is off to a strong start this year with volume out of Asia up 11% in the traditionally slow first quarter while rates rose steadily through March.
USPS switches from FedEx to UPS, seeking lower costs, longer reach
The US Postal Service is replacing FedEx with UPS as its primary air cargo carrier, reinforcing an existing partnership focused on home deliveries.
Journal of Commerce Rankings: 3PLs struggle with post-pandemic sugar high
The top end of the global 3PL sector is populated by companies that see a down market as a chance to focus on higher-yield customers and those that see a chance to build market share.
MSC unit secures takeover of French forwarder Clasquin
The acquisition will add significant volume of air and ocean cargo to the MSC subsidiary and extend its reach into European markets.
LTL carrier FedEx Freight becomes more global under ‘Tricolor’ strategy
The freight hauled by the largest LTL trucking company in the US will become more global under a reorganization of FedEx’s varied domestic and international networks.
Demand soars for Asia-Europe sea-air option to avoid longer Africa transit
Dubai continues to be one of the more popular destinations for European importers with time-sensitive cargo, with the airport able to covert ocean freight to air cargo in 24 hours.
K+N buoyed by ‘robust’ 2023 result, late Q4 market recovery
The market upswing that began in November has continued through February, with the forwarder expecting further growth this year, especially in ocean freight.
PayCargo targets invoice automation with Rippey AI acquisition
PayCargo has taken a majority ownership stake in process automation company Rippey AI to better connect invoicing to payment transactions.
EU parliament rejects proposal to cut temporary port storage time
There was unilateral opposition to the call made by the European Commission last May as part of its reform of customs procedures, and as expected, the measure never made it through the parliamentary review
Logistics’ complicated structure requires equally complex approach to AI usage
ChatGPT and generative AI have captured most of the attention around artificial intelligence in logistics, but the diverse range of processes underpinning global supply chains require multiple types of AI working in concert.
Maersk launches online air freight tool targeted at Indian shippers
Maersk’s integrator strategy has encompassed more access to air freight capacity, including a new tool for shippers in India to digitally price and book specific flights.
Air cargo rates, volume take off as Lunar New Year begins
The seasonal rise in air freight demand out of China ahead of the holiday has been strong, but analysts say the Red Sea effect on rising volumes remains unclear.
Gebrüder Weiss buys Cargo-Link, expanding US LCL network
The Austria-based global logistics provider looks to increase its US presence, adding less-than-containerload services by acquiring a Utah-based forwarder.
DSV volume stabilizes in Q4 to deliver solid 2023 result
While down significantly from 2022, the forwarder remained profitable last year as fourth-quarter gains helped dull the full-year impact of sharply correcting global freight markets.
Pre-Lunar New Year rush, Red Sea disruption boost Asia-Europe air rates, demand
A seasonal push to get shipments out of Asia before factories close for the Lunar New Year may be masking a switch to air from disrupted ocean networks.
Forward, Omni Logistics seal long-awaited deal to merge businesses
With an amended merger agreement, months of contentious litigation are behind the companies, clearing the way for their combined forwarding and LTL operations.
Red Sea disruption drives Asia-Europe shippers to air, rail alternatives
While the available capacity offered by air and rail is nowhere near that of ocean, the modes give cargo owners an alternative transport option for their more urgent shipments.