Cargo airline

Global Less Than Truck Load (LTL) Industry Research 2024-2030 Featuring UPS, FedEx, XPO, Old Dominion Freight Line, Yellow Corp, ABF Freight System, Estes Express Lines, R+L Carriers,. Saia, & DHL - ResearchAndMarkets.com

Retrieved on: 
Wednesday, April 10, 2024

The Global Less Than Truck Load market showcased growth at a CAGR of 4.03% during 2020-2023.

Key Points: 
  • The Global Less Than Truck Load market showcased growth at a CAGR of 4.03% during 2020-2023.
  • The market was valued at USD 199.03 Billion in 2023 which is expected to reach USD 284.98 Billion in 2030.
  • The report provides analysis for the historical period of 2020-2023, estimates of 2024 and the forecast period of 2025-2030.
  • LTL carriers are experiencing increased demand due to the rise of e-commerce, which has led to smaller, more frequent shipments.

Premier Transportation Appoints Cameron Holzer as President

Retrieved on: 
Monday, March 4, 2024

Premier Transportation, a nationwide logistics provider, has named Cameron Holzer as president.

Key Points: 
  • Premier Transportation, a nationwide logistics provider, has named Cameron Holzer as president.
  • Before his tenure at Bulk Transport, Holzer held leadership roles at CRST, including the role of president, during his 12 years with the company.
  • “I’m fortunate to join the Premier Transportation team and am bullish about the future of this company,” says Cameron Holzer, incumbent President.
  • Premier Transportation has a reputation as a leader in the retail trucking space and as we look to expand our services into additional industries, we’ll continue to hold to Premier’s key values and services.”
    Holzer joined Premier Transportation in November 2023 and has already been instrumental in providing a hands-on approach to optimizing the performance of the six operating divisions within Premier Transportation.

Global Air Cargo Market Analysis and Forecasts to 2028 - Factors Driving Growth Include Just-in-Time Manufacturing, E-commerce and Temperature-Sensitive Shipments - ResearchAndMarkets.com

Retrieved on: 
Monday, December 18, 2023

This report offers in-depth insights into the air cargo industry, covering market trends, growth drivers, challenges, and competitive landscape, with forecasts extending up to 2028.

Key Points: 
  • This report offers in-depth insights into the air cargo industry, covering market trends, growth drivers, challenges, and competitive landscape, with forecasts extending up to 2028.
  • In 2022, the global air cargo market was valued at US$181.54 billion and is projected to reach US$255.63 billion by 2028.
  • Market Segmentation Analysis: The report provides a detailed analysis of the air cargo market based on several key segments:
    Asia Pacific Dominates: Asia Pacific is the largest and fastest-growing region in the global air cargo market.
  • Fast-Growing Domestic Air Cargo Market: The domestic air cargo segment is experiencing rapid growth, fueled by e-commerce companies' demand for fast and reliable domestic shipping services.

Port Houston Fiscal Year 2024 Budget Approved

Retrieved on: 
Friday, November 17, 2023

The Port Commission of the Port of Houston Authority met on Monday, November 13 to conduct its annual Budget Workshop, approving Port Houston’s latest $745 million capital plan and $428 million operating budget, to guide staff in operating and managing facilities and activities for Fiscal Year 2024.

Key Points: 
  • The Port Commission of the Port of Houston Authority met on Monday, November 13 to conduct its annual Budget Workshop, approving Port Houston’s latest $745 million capital plan and $428 million operating budget, to guide staff in operating and managing facilities and activities for Fiscal Year 2024.
  • Capital awards of nearly $613 million are anticipated next year that are associated with Port Houston operations; the Houston Ship Channel Expansion - Project 11 awards are estimated at $132 million.
  • In other matters, the Port Commission also approved Tariff rate changes in 2024 to align with escalating costs and expenses and to keep Port Houston terminals competitive.
  • More information regarding Port Houston business, community outreach, and sustainability efforts can be found at https://porthouston.com/ .

Global Air Cargo Market Size, Trends and Forecasts to 2028 - Profiles of Leading Players Cathay Pacific Airways, DHL, FedEx, UPS, Qatar Airways, Emirates Group and More

Retrieved on: 
Tuesday, November 28, 2023

The global air cargo market value stood at US$181.54 billion in 2022, and is expected to reach US$255.63 billion by 2028.

Key Points: 
  • The global air cargo market value stood at US$181.54 billion in 2022, and is expected to reach US$255.63 billion by 2028.
  • Challenges: However, the global air cargo market growth would be negatively impacted by various challenges such as market uncertainty, presence of cheaper alternatives, etc.
  • The global air cargo market is relatively fragmented with increasing number of airlines and cargo operators offering services globally, and accounting for the majority of market revenue.
  • The key players of the air cargo market are:

Gunnar Már Sigurfinnsson is Appointed as President at GA Telesis Engine Services Oy. Helsinki, Finland

Retrieved on: 
Thursday, November 9, 2023

HELSINKI, Finland, Nov. 9, 2023 /PRNewswire/ -- GA Telesis Engine Services Oy is proud to announce the appointment of Mr. Gunnar Már Sigurfinnsson as its new President.

Key Points: 
  • HELSINKI, Finland, Nov. 9, 2023 /PRNewswire/ -- GA Telesis Engine Services Oy is proud to announce the appointment of Mr. Gunnar Már Sigurfinnsson as its new President.
  • His extensive background and 37 years in airline maintenance, operations, and logistics are expected to drive growth and success for GA Telesis Engine Services Oy as they continue to expand their presence in the global aviation market.
  • "We are thrilled to welcome Gunnar Már Sigurfinnsson as the President of our Helsinki engine maintenance operations.
  • GA Telesis Engine Services Oy , a subsidiary of GA Telesis , is a leading provider of integrated aviation solutions, specializing in jet engine and engine component maintenance services.

Lynden Transport, Lynden Logistics top 2023 Quest for Quality Awards

Retrieved on: 
Monday, August 14, 2023

Anchorage, AK, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Lynden Transport and Lynden Logistics each earned top rankings in the annual Quest for Quality awards.

Key Points: 
  • Anchorage, AK, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Lynden Transport and Lynden Logistics each earned top rankings in the annual Quest for Quality awards.
  • “We appreciate the acknowledgement of our air freight forwarding services and strive daily to ensure our customers are priority one,” says Lynden Logistics President Stuart Nakayama.
  • “What makes the Q4Q awards unique and meaningful is that winners are decided by transportation and logistics professionals.
  • “Our Quest for Quality results show that improved collaboration between shippers, carriers and service partners has helped prepare them for any future supply chain disruptions along with more resilient logistics operations.”
    Lynden Transport and Lynden Logistics are part of the Lynden family of companies.

Worldwide Logistics Group Appoints New Director of Air Freight to Optimize US Operations and Drive Future Growth

Retrieved on: 
Thursday, August 17, 2023

Worldwide Logistics Group (WWL), an integrated logistics provider, announced that Robert Stadnicki will join the company as National Air Freight Director where he will play a key role in overseeing WWL’s US air freight division.

Key Points: 
  • Worldwide Logistics Group (WWL), an integrated logistics provider, announced that Robert Stadnicki will join the company as National Air Freight Director where he will play a key role in overseeing WWL’s US air freight division.
  • As air cargo volumes surge, the need for specialized expertise has become imperative,” said Joe Monaghan, Chairman and CEO of Worldwide Logistics Group.
  • “With Rob joining us as our Director of Air Freight, we're strategically positioning ourselves to better address these challenges.
  • Before cargo-partner, Stadnicki was the Air Freight Operations Manager with Superior Brokerage Services and an Air Freight Operations Agent with DAMCO.

Global Crossing Airlines Provides Details of Investor Webinar

Retrieved on: 
Tuesday, June 6, 2023

MIAMI, June 06, 2023 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the “Company” or “GlobalX”) a US 121 domestic flag and supplemental Airline, is pleased to announce it will be hosting an investor webinar led by Ms. Helane Becker, Managing Director, Industrials; Consumer - Airlines, Airfreight & Aircraft Leasing of TD Cowen.

Key Points: 
  • MIAMI, June 06, 2023 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the “Company” or “GlobalX”) a US 121 domestic flag and supplemental Airline, is pleased to announce it will be hosting an investor webinar led by Ms. Helane Becker, Managing Director, Industrials; Consumer - Airlines, Airfreight & Aircraft Leasing of TD Cowen.
  • TD Cowen (formerly Cowen) was recently acquired by TD Securities.
  • Ms. Becker is also a member of the Company’s Strategic Advisory Board.
  • On the webinar Ms. Becker will be interviewing GlobalX’s Chair and CEO, Ed Wegel regarding recent updates on GlobalX’s business.

Western Announces First Quarter 2023 Results

Retrieved on: 
Wednesday, May 3, 2023

Results in the first quarter of 2023 reflect more challenging macroeconomic conditions, resulting in lower lumber prices and reduced demand compared to the same period last year.

Key Points: 
  • Results in the first quarter of 2023 reflect more challenging macroeconomic conditions, resulting in lower lumber prices and reduced demand compared to the same period last year.
  • Lumber revenue was $211.0 million in the first quarter of 2023 as compared to $313.9 million in the same period last year.
  • Average stumpage per cubic metre in the first quarter of 2023 was 39% lower compared to the fourth quarter of 2022.
  • Western has recognized $5.0 million in restructuring costs in first quarter of 2023 related to APD.