Air Cargo

Despite ongoing geopolitical headwinds, the majority of airfreight analysts say that 2024 may herald the start of a new economic growth cycle for the global air cargo industry.

Experts discuss the effects of UPS replacing FedEx as USPS' main air cargo provider, and what it means for the industry.

UPS lands a major contract as it replaced FedEx as USPS's primary air cargo provider.

The IATA predicts a significant increase in air parcels over the next three years, the result of a surge in e-commerce sales.

The survey’s findings were based on feedback from more than 1,400 North American shippers across various sectors and was conducted late last year. Topics covered in the survey included measuring the use of and interest in various supply chain services compared to last year’s survey, if businesses are predicting an increase or decrease in shipments in 2024, how important a carrier’s sustainability program is to a shippers’ decision making, and identifying the biggest challenge with international shipments in 2024.

As Houthi attacks continue in the Red Sea, retailers are scrambling to find alternative methods for moving their inventory, including exploring more air freight options and boosting inventory.

Logistics Management Group News Editor Jeff Berman recently caught up with DHL Express U.S. CEO Greg Hewitt to discuss various topics, including: the 2023 Peak Season; the freight economy; and variuous logistics trends and themes. Their conversation is below. 

With a focus on helping its shipper customers achieve their emissions objectives, Flexport.org, the impact arm of San Francisco-based freight forwarding and customs brokerage services provider Flexport, announced today it is introducing a new offering in collaboration with SaaS platform services provider CHOOSE, focusing on accelerating air freight decarbonization.

More than 50% of the survey’s respondents stated that the economy will enter into a recession within the next six months. As for reasons why this may be the case, responses included: high interest rates; high balances on credit cards; inflation; lower consumer demand; and high gasoline prices, among others.

The company said the new offering will fly six times per week between Miami International Airport (MIA) and Buenos Aires, Argentina (EZE), with a stopover in Santiago, Chile (SCL), prior to returning to Miami (MIA). And it added that the flight is operated by DHL Aero Expreso, with a Boeing B767-300 aircraft providing a gross payload capacity of 52 tons per flight.

High-flying service prevails in turbulent market

The DHL CVG hub currently operates on 194 acres with 67 aircraft parking gates and 6.4 million sq. ft. of ramp area, according to the company. It is a key part of the DHL U.S. network with 130 daily flights and a fleet of 60 aircraft, connecting customers from more than 220 countries and territories worldwide to every corner of the U.S.

ALPA said that the pilots rejected the deal by a 57% to 43% margin. And as for next steps, it added that it expects the National Mediation Board to convene a status conference with the pilots and FedEx, with the caveat that there is no time requirement for this to occur.

Air cargo remains challenged by volatile conditions.

Forward progress remains intact in labor negotiations between Memphis-based global freight transportation services provider FedEx and pilots at the company’s FedEx Express subsidiary represented by the Air Line Pilots Association (ALPA), following a tentative agreement reached between the parties late last month.