Amazon Air is closing its air cargo operation in San Antonio, which will result in 65 contract workers employed with Worldwide Flight Services Inc. to be laid off. The Seattle-based e-commerce giant did not provide a reason for the facility’s closure. Amazon Air is Amazon’s in-house cargo airline. “We’re always evaluating our operations to better…
The established Red Sea diversion routes may have provided some clarity for companies in their supply chain planning, but it’s the duration of these diversions that needs to be factored in when strategizing for peak season. Why? Container availability. Yes, manufacturing orders are down but with containers out on the water longer, it delays those…
WASHINGTON — If you’re a truck driver and have a lease agreement with a trucking company, federal regulators want to see your contract — especially if you feel it’s predatory or fraudulent. The request is part of a data collection that the Federal Motor Carrier Safety Administration is requesting on behalf of its Truck Leasing…
Freight shipments and expenditures continued to fall in January, according to data compiled in the Cass Freight Index. The Thursday report showed shipments were down 7.6% year over year (y/y) during the month and were 3.5% lower than in December. Adjusting for seasonality, shipments were flat with the prior month. The index stood at the…
Two Boeing 747-8 freighters recently purchased from Qatar Airways won’t join the UPS fleet for nearly a year. The move comes even as UPS adjusts its air network to align with lower volumes. Chief Financial Officer Brian Newman disclosed on the company’s Jan. 30 earnings briefing that UPS (NYSE: UPS) acquired the large cargo jets…