Air cargo news
AI and trust can co-exist in a balanced relationship.
Expeditors today reported $9.3 billion in revenue for 2023, a decrease of 46% year over year. THE BIG PICTURE: Like other forwarders in the air cargo industry, Expeditors was impacted in the fourth quarter and 2023 by high capacity and low demand, which drove down rates.
Air Canada today reported a record CA$21.8 billion ($16.2 billion) in operating revenue for 2023, an increase of 31.9% year over year, but cargo revenue fell 27% YoY to $685.6 million. THE BIG PICTURE: The carrier attributed its cargo decline to soft volume and yield but said in its earnings report…
The most important point for every airline is to ensure sales and promotion of its unique brand in every market. The brand is composed of company culture, quality standards, own special features leading to individual product portfolio.
In today’s competitive environment the producers very often need to solve emergency situations affecting their regular supply chain material flow. Together with our partners we locate and position a dedicated aircraft capacity according to the customer’s requirements.
Except for the top-notch airlines in their home gateways, majority of carriers are dependant on their cargo handling agents, GHA for short. GHAs are responsible for accepting, storing and manifesting shipments for airlines' flights.
Sometimes more airlines are needed to make sure a shipment travels to the desired destination. Such cooperation is called interline and we like interlines a lot!