Air Cargo

Coverage of air cargo related news including freight forwarders, freighters, belly cargo, airports and more

Air Cargo

Bloomberg | July 25, 2023

UPS, Teamsters reach tentative labor deal avoiding strike

United Parcel Service Inc. reached a tentative agreement to renew a five-year labor contract with the Teamsters ahead of the July 31 deadline, giving relief to stressed shippers and removing a share-price overhang for investors concerned about a costly strike.

New British cargo airline One Air completes inaugural flight and begins preparations to welcome second freighter

AJOT Newsroom | July 25, 2023 | Air Cargo | Freighters

Britain’s new all-cargo airline, One Air, has completed its inaugural Boeing 747-400 freighter flight, operating a full charter for client Shandong Glory from China to the United Kingdom.

UPS, Teamsters reach agreement in labor negotiations

AJOT Newsroom | July 25, 2023 | Air Cargo | Freighters | Trucking

Deal delivers wins for our employees, the company and its customers and the Teamsters

GE boosts outlook on aerospace gains, rebound in renewables

Two companies team up to create new weapon against deadly lithium-ion battery fires

Hewlett Packard and Microsoft, Spotify and Shopify, TripAdvisor and Reckitt – companies within the same business sector frequently form partnerships to increase market share, expand distribution networks and enhance customer experience.

Trudeau’s transport minister steps down ahead of cabinet shuffle

Bloomberg | July 25, 2023 | Air Cargo | Airports

Air Cargo

AJOT Newsroom | July 25, 2023

LAX Community Partners, LLC (LACP), a Realterm and JLC Infrastructure joint venture, selected as the developer for LAX’s Cargo Modernization Program

Revitalization to enhance freight flows at top cargo hub

Anglo fights disruptions on key iron ore line in South Africa with help of drones

South Africa is turning to drones and helicopters to fight cable theft that’s disrupting a key export line carrying iron ore from mines owned by Anglo American Plc.

Air Cargo

Bloomberg | July 25, 2023

FedEx pilots reject labor deal, sending both sides back to talks

FedEx Corp.’s unionized pilots rejected a tentative agreement to renew a labor contract on which talks have dragged on for more than two years.

VINCI Airports finalizes financial structuring for Cabo Verde airport concession, takes over operation

AJOT Newsroom | July 24, 2023 | Air Cargo | Airports

• Financing arrangements completed for a concession covering seven airports in the archipelago • 40 years concession in a country with a growing tourism sector • VINCI Airports solidifies its international network, which now spans 72 airports in 13 countries

Lufthansa takes fight over €6 billion Covid aid to top EU court

Bloomberg | July 24, 2023 | Air Cargo | Airlines

British Airways parent IAG buys stake in UK maker of fuel from ethanol

American Air offers to add $1 billion to pending pilot deal

Bloomberg | July 24, 2023 | Air Cargo | Airlines

PLANA and OneSky sign MOU for AAM aircraft operation

AJOT Newsroom | July 24, 2023 | Air Cargo | Technology

PLANA, a developer of Hybrid advanced air mobility (AAM) eVTOL, is joining forces with OneSky, a leading uncrewed aircraft systems traffic management (UTM) solution provider.

Extreme heat pushes US airlines to shed fuel, limit passengers

Bloomberg | July 24, 2023 | Air Cargo | Airlines

Ryanair touts lower fares to fill planes as costs bite

Bloomberg | July 24, 2023 | Air Cargo | Airlines

Maersk expands its global air freight services with new Atlanta strategic air cargo hub

AJOT Newsroom | July 21, 2023 | Air Cargo | Freighters

"Maersk is strengthening our promise to customers of integrated, end-to-end logistics solutions by growing our air freight services in a strategic transportation hub...