Industry News

AIR FREIGHT UPDATES Weak demand and slimmer retail margins eat into airfreight spend theloadstar.com Concerns over excess inventories at retailers are misplaced: the real issue is weak demand and low margins – which are cutting into airfreight spend. “I’m not sure that any retailers are overstocked – they are just balancing supply...

AIR FREIGHT UPDATES How Asiana Airlines & Korean Air Are Looking To Speed Up Their Merger simpleflying.com Asiana Airlines has created a special task force that will work to expedite its merger with Korean Air. The group will focus on acquiring approval from the three remaining foreign antitrust regulators and any other challenges the merger...

AIR FREIGHT UPDATES FAA Announces Plan To Cut Down Flight Delays In New York City & Washington DC simpleflying.com To avoid repeating last year's mass disruptions across the airports serving New York City and Washington DC, the Federal Aviation Administration (FAA) outlined the measurable efforts it will be conducting this year. In the plan,...

AIR FREIGHT UPDATES FAA Announces Plan To Cut Down Flight Delays In New York City & Washington DC simpleflying.com To avoid repeating last year's mass disruptions across the airports serving New York City and Washington DC, the Federal Aviation Administration (FAA) outlined the measurable efforts it will be conducting this year. In the plan,...

AIR FREIGHT UPDATES Global tonnages flatten as average rates further soften aircargoweek.com Global air cargo tonnages appear to have stabilized following their post-Lunar New Year bounce-back in recent weeks and their steady decline throughout most of last year, while average rates continue their gradual softening trend, the latest preliminary...