Boeing

High-flying service prevails in turbulent market

High demand for cargo space created capacity constraints and consequential high rates over the past year on a majority of lanes. And while it appears the height of the pandemic crisis is in the rear view, shippers most likely won’t see relief from elevated rates until demand and available capacity level out.

Air Cargo Carrier debt to balloon, expense levels will weigh down recovery.

Ongoing trade tensions, pricing volatility and slack demand have kept the air cargo market on hold for most of this year. However, industry analysts say that a new set of factors could reverse the trend by peak season.

BAE Systems improves efficiencies with Enterprise Sensor Integration (ESI) from Tapestry Solutions

While air cargo volumes continue to stage a modest uptick, shippers are now waiting to see how the introduction of larger freight aircraft might serve to sustain this growth. At the same time, shippers need to keep an eye on which domestic airports are prepared to handle more capacity and the new demands driven by e-commerce.

Enterprise Sensor Integration or ESI integrates myriad sensor technologies that track, monitor and control assets and workflow processes, ESI also integrates smart Internet-enabled devices, or Internet of Things technologies, into one intelligent and interactive network.

Air cargo traffic rebounds after two years of either flat or slightly negative growth, with demand for air cargo transport beginning to grow slowly and steadily.

The deal, announced in a statement by the US cargo operator, includes options for another 50 767Fs and is worth $9.97 billion at list prices, although customers typically receive an undisclosed discount off the list prices.

Transportation and logistics bellwether FedEx said yesterday it has agreed to acquire 50 Boeing 767-300 freighters, according to various media reports.