As e-commerce reshapes fulfillment and transportation, the effects are evident among logistics companies that make the Fortune 500 list of largest US companies.
17 May 2016
A strike vote by union pilots at Atlas, ATSG and Kalitta Air is meant to pressure the airlines and DHL, but doesn't mean a strike is imminent.
05 May 2016
Although Amazon is not in the transportation business, FedEx, UPS and DHL can’t ignore Amazon’s competitive challenge, Satish Jindel, president of SJ Consulting Group, said.
20 Jan 2016
Atlas Air Worldwide Holdings’ plan to acquire competitor Southern Air Holdings will diversify the air cargo carriers’ fleet, strengthen its relationship with its biggest customer, DHL Express, and position it to grow in the U.S. and globally, according to a BB&T analyst.
17 Feb 2015
Panalpina has signed a new five-year agreement with Atlas Air under which it will switch one of the two 747-8 freighters wet leased — an arrangement where crew, maintenance and insurance are also provided — from the U.S. firm to scheduled charters.
10 Dec 2014
Five straight quarters of continued growth and a supply-demand balance has led to a turnaround in the air freight business this year, with more solid growth still to come, believes Atlas Air’s Michael Steen.
14 Nov 2014
The chaotic waterfront scenes jamming up U.S. gateway ports on the West Coast are proving a boon for the air charter business and with no end in sight to the congestion, forwarders are securing space on chartered freighters for urgent cargo.
08 Oct 2014
There is no significant loss of air cargo to ocean freight, said Atlas Air president and CCO Michael Steen, arguing against a widely held industry belief that shippers were shifting modes to save on transport costs.
30 Sep 2013
Atlas Air has entered into a contract with Astral Aviation to provide a Boeing 747-400 Freighter service between Europe and Africa.
01 Aug 2013
Atlas Air Worldwide’s net income plummeted 32.8 percent from $31.2 million in the second quarter of 2012 to $21.0 million in the second quarter of 2013.
31 May 2013
Etihad Cargo and Atlas Air Worldwide are partnering on a new round-the-world freighter service.
06 May 2013
Etihad Airways is expanding its fleet with a Boeing 747-8 Freighter.
13 Feb 2013
Atlas Air Worldwide reported net income jumped 56 percent from $33.5 million in the fourth quarter of 2011 to a record $52.4 million in the fourth quarter of 2012.
31 Dec 2012