Freighters flying fewer hours underscores market weakness in air cargo

A decline in flight hours for all-cargo airlines is another data point to gauge the sagging airfreight market that is typically measured in volume by tonnage or weight by distance carried. Freighter aircraft utilization fell an estimated 8.1% in January, the second steepest decline in three years after a 9% drop in December, according to…

Low-cost, faster freight lets auto shippers hold down inventory

Supply chain disruptions during the pandemic affected many sectors of the U.S. goods economy, from the sudden demand shocks that consumer packaged goods companies faced in the spring of 2020 to rolling shortages of building materials, furniture and electronics later on. But the automotive industry was hit perhaps the hardest, and it’s not difficult to…