Air Cargo

Even as air freight space out of China is has tightened because of the launch of the Apple iPhone 6, the typical air freight surges associated with major electronics product launches are not what they used to be.

Air cargo out of Asia is seeing its first peak season in five years, and better capacity management among cargo carriers is set to push up freight rates into the last quarter.

FedEx
There really was a Christmas in July this year, at least in terms of increased global container business. That bodes well for North American trucking, intermodal rail and package delivery companies now preparing for an influx of freight ahead of the holiday season.

Strong domestic volumes in the air and on the ground delivered double-digit profit growth for FedEx in the first quarter of its new fiscal year.

Air freight is suffering from the same issues that afflict container shipping, with growing volumes not enough to lift profitability in the face of high fuel prices, weak yields and growing capacity, the International Air Transport Association said in an industry report.

Air France initiated a contingency cargo plan today as pilots begin a week-long strike that will ground more than half of the carrier’s flights.

Strong air cargo traffic out of Asia continued to lift Cathay Pacific volumes with August figures soaring almost 20 percent year-over-year and the Apple iPhone 6 launch expected to keep traffic high through September.

The acquisition of Pacer International earlier this year tapped several trends driving growth at XPO
Fast-growing third-party logistics companies are tuning into and tapping broad trends driving logistics growth in the U.S. and globally, including increased cross-border trade and the expansion of intermodal rail. Here are seven trends picked by XPO Logistics CEO Bradley S. Jacobs.

European shipping lines, ports and cargo airlines are bracing for a further loss of business and possible service interruptions as the Kremlin weighs its response to the latest EU sanctions over Russia’s role in the Ukraine conflict.

Three global funds will invest $700 million in XPO Logistics, accelerating the fast-growing company's acquisition plans for 2014.