Air Cargo

The company says SAF demand is rising among shippers and will expand the fuel as supply grows.

Mike Short, president of Global Forwarding at C.H. Robinson, observed that while the FAA’s 10% reduction in intra-U.S. flights will create some ripple effects in transportation, the impact on air freight overall is expected to be limited.    

Louisville officials say the crash is the worst air disaster in the city in decades

As part of the plan, DHL will move its Manhattan service center to a new 92,505-square-foot site in Jersey City, New Jersey, by the end of November 2025. The new building is about five miles from Lower Manhattan and is designed to make deliveries smoother, safer, and more efficient.

FedEx said this week it has started a direct cargo flight between Dublin, Ireland, and Indianapolis, Indiana. The four-day-a-week service shortens shipping times by a full day by skipping the crowded coastal gateways.

In this podcast, Jeff Berman, Group News Editor for Logistics Management and the Peerless Media Supply Chain Group, interviews Brandon Fried, Executive Director at the Washington, D.C.-based Airforwarders Association (AfA).

The decision to ship products via air or ocean requires more information than just a cost analysis of the two modes—it involves using inventory carrying cost and inventory investment data to make a sound choice.

The global freighter fleet is set to expand to 3,900 planes, up two-thirds from 2023.

Quarterly consolidated revenue, at $22.2 billion, increased 5.6% annually, and adjusted earnings per share, at $1.76, topped the $1.57 reading a year ago. Consolidated quarterly operating profit came in at $2.0 billion, which was up 47.8% annually.

Global e-commerce giant Amazon  recently announced it has officially entered the for-hire air cargo market, offering space on its large fleet of cargo jets to freight forwarders and businesses. This move expands Amazon’s air logistics operations beyond its parcel delivery service and positions it to challenge airfreight giants like FedEx and UPS.

Spanning the globe with unprecedented service

Air cargo about to enter new growth cycle

Quarterly consolidated revenue, at $21.7 billion, fell 5.3% annually, and adjusted earnings per share, at $1.43, saw a 35.0% annual decline. Consolidated quarterly operating profit came in at $1.6 billion, which was off 36.5% annually.

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.

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.