air cargo News Updates

BusinessLogistics

Amazon Spends $131 Million for Stake in Cargo Airline ATSG

Amazon .com Inc. has scooped up a minority stake in a cargo airline that operates a portion of its fast-growing air-cargo division, the latest sign of the retailer’s long-term ambitions to expand its airfreight operations.

March 8, 2021
BusinessLogistics

Amazon Announces First Air Cargo Expansion Outside US

Amazon .com Inc. is launching air cargo operations in Europe, the online retailer’s first such expansion outside of the U.S. as it looks to bring more freight operations in-house.

November 5, 2020
GovernmentBusiness

Rep. James Clyburn Presses Cargo Carriers on COVID-19 Relief Aid

Rep. James Clyburn (D-S.C.), chairman of the Select Subcommittee on the Coronavirus Crisis, called on four cargo airlines to return pandemic relief aid.

October 23, 2020
GovernmentBusinessTechnology

Senate Republicans Unveil Airlines Relief Bill

Legislation that would provide nearly $30 billion for airlines, including cargo air carriers, to address concerns related to the pandemic was recently unveiled by top Senate Republicans.

September 25, 2020
BusinessTechnologyLogisticsAutonomous

FedEx Seeks to Add Small Self-Flying Planes for Remote Areas

FedEx Corp. is looking at using small self-flying cargo planes to serve remote areas after experimenting with a technology startup on autonomous aircraft, CEO Fred Smith said.

September 21, 2020
GovernmentSafety

FAA’s Failure to Cull Bad Pilots Cited in Fatal Atlas Crash

The fatal crash of a cargo plane last year was caused in part by the failure of the U.S. federal government to establish a reliable system of weeding out unqualified airline pilots, investigators concluded.

July 14, 2020
GovernmentBusinessLogistics

Discount Airline Group Presses for Extension of US Assistance

Smaller U.S. airlines are likely to need more government aid amid an uncertain travel recovery, according to a trade group that represents discounters such as Spirit Airlines Inc., Frontier Airlines and Allegiant Travel Co.

June 23, 2020
BusinessLogistics

Amazon Prime Air Could Surge to 200 Jets From 42, Study Says

Amazon .com Inc.'s Prime Air fleet will grow to about 200 planes — up from 42 now — in the next seven or eight years, creating an air cargo service that could rival UPS Inc., according to a study.

May 26, 2020
BusinessLogisticsTop 100

Airlines Shift to Cargo as Passenger Volume Falls Dramatically

Faced with hundreds of parked planes and near-empty flights as a result of the coronavirus pandemic, some of the world’s biggest airline executives are turning their focus to cargo.

April 1, 2020
BusinessLogistics

Southwest Offers First Cargo-Only Flights in Its History

Southwest Airlines Co. will offer the first all-cargo flights in its 48-year history as passenger demand keeps sliding amid the spread of the new coronavirus.

March 31, 2020