It’s not a great return on investment to acquire an aircraft and immediately ground it because demand is soft. But that’s what Saltchuk Aviation and its Alaska-based subsidiary Northern Air Cargo have done. The post Cargo airline sends new Boeing 767 freighters directly to storage appeared first on FreightWaves.
UPS is rationalizing its air network as demand falls, but it is still adding aircraft when it makes sense. The post UPS to deploy 747-8 freighters from Qatar Airways by early 2025 appeared first on FreightWaves.
Carried out a series of airstrikes on houthi held territory. The us says this was a response to a series of attacks on commercial shipping In The Red Sea which have led most of the major Shipping Firms to divert their freighters away from the Suez Canal and around the Southern Cape of africa. The houthis, who are backed by iran, say they have been targeting Israeli Linked Ships on behalf of palestinians in gaza. The uks defence secretary, grant shapps, says britain will now Wait And See whether any more action should be taken against the houthis. The world sent a very clear message to the iranian backed houthis. End your illegal and unjustified actions. Stop risking innocent lives. Cease threatening the global economy. We could not have been clearer with our warnings, which they chose to ignore and enough was enough. He left it open that there
Silk Way West Airlines was founded in 2012 in Baku, the capital and commercial hub of Azerbaijan, and at the heart of the Silk Road. The ambition movers, as they call themselves, is the largest cargo.
The semiconductor industry is a new vertical that logistics provider Kuehne+Nagel has identified as a growth area. Toward that end, it is using two large freighters it controls to transport shipments from Taiwan to Europe. The post Kuehne+Nagel deploys private freighters to Taiwan for chip industry appeared first on FreightWaves.