Air cargo in new balancing act as rates ease and fuel costs climb
Air cargo carriers are facing an increasingly challenging market, with spot rates beginning to cool, ...
© Khunaspix Dreamstime.
FedEx is making swingeing cuts to its less efficient air freight capacity, with plans to park or retire dozens of older aircraft following its decision to axe Amazon and amid a tough macroeconomic environment.
The company opted not to renew its contract with the e-commerce giant this summer and earlier ...
Comment on this article