FIS Air Freight Report June 8, 2020
China to Europe begins its slide in line with China to USA, as prices rout, down $1.52 on the week. China to USA now sits…
Battery shipping loophole exposed by FedEx fire, NTSB warns
A fire that destroyed a FedEx Corp. truck in Canada exposed a loophole in lithium-battery testing standards that could have led to a fatal blaze…
CHAMP Weight & Balance is going to Bermuda – but not on vacation
CHAMP sets up, trains and implements Freighter Weight & Balance system for Longtail Aviation’s Cargo Operation within 3 weeks
Air cargo down 15% between the US and foreign points, March 2020
U.S. and foreign airlines carried 15.2% less cargo by weight between the U.S. and foreign points in March 2020 than in March 2019, according to…
Amazon dives into weak aircraft market, leases 12 more planes
Amazon.com Inc. is expanding its air cargo operations with plans to grow its fleet to more than 80 planes as the online retailer takes advantage…
May air cargo volumes improve month-on-month but dip in final two weeks may be a cause for concern
Global industry data for May supports the continued small recovery of air cargo volumes but a fall in demand over the last two weeks of…
Virgin Atlantic increases cargo-only flights by over 33% in June after a record-breaking month in May
Virgin Atlantic will increase its cargo-only flights by 35% to nearly 600 in June with the launch of new routes including Beijing and Brussels following…
New SMBs joining eCommerce surge, ocean rates spike on bump in volume
Key insights: 1 China-US West Coast ocean rates spiked 12% this week, as tight capacity amplified an uptick in demand. But this is likely a…
Volga-Dnepr Airlines delivers urgent mobile ICU units to the Caribbean for Hospitainer
In response to the global COVID-19 Health Pandemic, Volga-Dnepr Airlines has recently delivered oversized urgent medical supplies to the remote Dutch Caribbean islands of St…
Lufthansa Supervisory Board Backs $10 Billion Bailout Deal
Deutsche Lufthansa AG’s supervisory board backed a 9 billion-euro ($10 billion) bailout by the German government, paving the way for the airline to receive the…
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