News Articles
Amazon purchases an A330-300 from Stratos for conversion to a freighter.
Amazon has acquired a 12.7-year-old Airbus A330-300 from Stratos, an aircraft investment specialist, for conversion from passenger to freighter to enhance its air cargo operations. Previously operated
Read MoreFreightWeek Exclusive: GES has sold its Rotterdam terminal to Tepsa.
Global Energy Storage Group (GES) has completed the sale of its terminal at the Port of Rotterdam to Tepsa, a European bulk liquid and gas storage operator. This facility, featuring 212,000 m³ of tank
Read MoreFreightWeek Exclusive: Tesco reveals significant investment at DP World London Gateway.
Tesco has announced a significant investment in a new distribution center at DP World London Gateway, scheduled to open in 2029. This initiative underscores Tesco's commitment to enhancing its distrib
Read MoreFreightWeek Exclusive: ASL Airlines Australia increases its fleet size.
ASL Airlines Australia has expanded its fleet with the lease of a second Boeing 737-800 Converted Freighter, enhancing its cargo capabilities in the Australasian region. This aircraft, originally deli
Read MoreFreightWeek Special Report: Cathay has launched a new office in Shenzhen.
Cathay has officially opened its new Digital and IT office in Shenzhen at the Qianhai Kerry Centre, enhancing its digital presence in the Chinese Mainland. This strategic move follows the establishmen
Read MoreFreightWeek Exclusive: LATAM Group introduces a new cargo route originating from Bogota.
LATAM Group is enhancing its commitment to South America's floriculture sector by increasing cargo connectivity to Los Angeles (LAX), a major flower export destination in the U.S. Starting in July, th
Read MoreReasons for the air cargo industry's technology shortcomings and the steps being taken to resolve them.
The global airline industry generates nearly $1 trillion in revenue, with air cargo accounting for about 15% of this. Despite advancements in passenger technology, the air cargo sector largely relies
Read MoreHonda introduces a new urban cargo delivery service utilizing quadricycles.
Honda has launched a new business unit, "Fastport," aimed at the last-mile delivery market in urban areas of North America and Europe using electric quadricycles. These modular, four-wheel cargo cycle
Read MoreTrump's "One Big Beautiful Bill" receives acclaim from the industry.
The "One Big Beautiful Bill Act," signed into law by President Trump on July 4, has garnered support from various trade organizations for its business-friendly measures, including maintaining the corp
Read MoreThe Postal Service's transition of its air cargo operations from FedEx to UPS results in cost savings.
The U.S. Postal Service (USPS) has shifted its primary air transportation from FedEx to UPS, resulting in a 43% reduction in air transportation costs for Q1 of fiscal year 2025. The new UPS contract,
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