Magma Aviation, an air cargo charter provider that relies on airline contractors to operate its five Boeing 747-400 jumbo jets, is adding two narrowbody freighter aircraft to the fleet to serve customers in the Middle East and Africa. On Tuesday, the cargo management company, headquartered in Gatwick, England, announced the appointment of Peter Kerins as…
In tight freight markets, it can be challenging for motor carriers to maintain high safety standards while ensuring their companies are staffed appropriately. Trucking companies must carefully balance the need to fill vacant positions with hiring qualified, responsible drivers. Those hiring decisions can affect a carrier’s insurance rates. Currently the only requirement the Federal Motor…
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Faced with dwindling legal avenues to prevent California independent contractor law AB5 from governing the state’s trucking sector, one of the two plaintiffs is continuing to fight an uphill battle with a new argument in its latest brief. The Owner-Operator Independent Drivers Association, in the first brief filed before the U.S. Court of Appeals for…
Fewer flight hours by airline units and the scheduled return of Boeing 767-200 freighters from expiring leases pushed down second-quarter revenue by 15.3% at Air Transport Services Group. Those factors caused a 17% drop in adjusted earnings, the company reported after the market’s close on Thursday, but results exceeded analysts expectations. The diversified lessor and…