Atlas Air adds FedEx to its express customer base with ACMI deal
Atlas Air has brokered a long-term agreement with FedEx for two 747-400 freighters, on an ...
More signs of modal shift – this time from the world’s second largest express company, which yesterday released third quarter results that showed profit down 31% as shippers out of Asia switched from air to “slower, cheaper modes of transport”. In response, the company has said it will cut air freight capacity out of Asia; retire older planes and continue with its employee reduction buy-out that runs through to 2016.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Resurgence of Somali pirates creates another 'danger zone' for shipping
'Slow season' and ocean network stabilisation easing pressure on rates
Bottlenecks and price hikes as airlines now avoid Iran airspace
Alex Lennane
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