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Air Cargo: Page 31

Biden Infrastructure Plan Seeks $571 Billion in Transport Funds
President Biden’s proposed infrastructure bill calls for $571 billion in additional transportation spending over current federal levels, and $50 billion to make infrastructure more resilient to climate change.
Photo: Bloomberg
End of Suez Snarl Marks Beginning of New Stress on Global Trade
The Ever Given leaves in its wake several weeks or months of disruptions across a world economy where the pandemic revealed both the sturdy backbone of global trade and an Achilles’ heel.
A container ship sails at dusk. Photo: Bloomberg
Global Chip Shortage Is Good for Cargo, ANA Says
ANA Holdings Inc. expects its cargo unit to receive a boost this year from the global chip shortage as planes loaded with semiconductors help speed deliveries to automakers and consumer-electronics manufacturers.
Photo: Bloomberg
Smart Sourcing Bots Are Taking On Air Freight Procurement
One area that’s especially ripe for transformation is in the sourcing of air-freight shipping, for which demand continues to skyrocket as capacity remains scarce.
Photo: Bloomberg
Amazon Spends $131 Million for Stake in Cargo Airline ATSG
Amazon 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 air-freight operations.
An Amazon Air cargo jet sits on a tarmac. Photo: Bloomberg.
U.K. Names Eight Freeports in Bid to Boost Post-Brexit Trade
U.K. Chancellor Rishi Sunak unveiled a roster of eight English freeports, low-tariff business zones being created to stimulate trade and investment in the wake of Brexit and the coronavirus crisis.
Photo: Bloomberg
Vaccine Passage and Repurposed 'Preighters': What's Trending in Air Cargo
As the passenger air travel industry reels, demand for air cargo capacity is hotter than ever — especially as global vaccine production climbs.
Source: Bloomberg
U.S. Retailers See Millions in Sales Delays Amid Shipping Logjam
Overwhelmed U.S. ports, elevated freight costs and accidents that sent goods plunging to the bottom of the ocean are causing headaches for U.S. retailers already reeling from the pandemic.
Freight trucks idle at the Port of Los Angeles. Photo: Bloomberg.
Boeing 777 Engine Blast Spurs Grounding of Older Jets
The incident comes at a sensitive time for the global aviation industry, which is trying to emerge from a year in crisis caused by the pandemic’s impact on travel.
0222 Boeing777
Medical Drone Startup to Begin Vaccine Delivery in April
Zipline Inc. has built a system that can deliver ultra-low temperature medical supplies, including COVID-19 vaccines.
Photo: Bloomberg
Amazon Keeps Buying Pricey Jets to Meet Customer Demand
Despite creating algorithms to anticipate shoppers’ needs and opening all those warehouses, Amazon can’t meet its one- and two-day shipping pledge to customers without an ever-expanding fleet of pricey jets.
An Amazon Air cargo jet sits on a tarmac. Photo: Bloomberg.
Online Sales Ignite in Corners of World Late to the Revolution
Years from now when the pandemic’s impact on global business is analyzed, it’s likely that the most lucrative change will be how it pushed — or actually shoved — massive markets into the modern e-commerce era.
Photo: Bloomberg
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