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Weekly Wrap: COVID layoffs, e-commerce charters and a regional update

Weekly Wrap: COVID layoffs, e-commerce charters and a regional update

FromOn Air with Air Cargo Next


Weekly Wrap: COVID layoffs, e-commerce charters and a regional update

FromOn Air with Air Cargo Next

ratings:
Length:
15 minutes
Released:
Jul 17, 2020
Format:
Podcast episode

Description

This week, Air Cargo World launched the layoff tracker, covering air cargo logistics layoffs from the COVID-19 pandemic. This has been mitigated for now in the United States by federal relief programs, and this week, major cargo handler Swissport announced it had received $170 million in relief funds to support its U.S. payroll.Meanwhile, cross-border e-commerce demand has soared thanks to lockdowns that have turned the retail tide in favor of online shopping compared with brick-and-mortar. Cainiao, the logistics arm of Chinese e-commerce giant Alibaba, has launched a new Hong Kong-Madrid route operated by Volga-Dnepr Group subsidiary AirBridgeCargo in support of cross-border e-commerce, with many more charters ahead for 2020.Finally, Latin America has been hit particularly hard by the lockdowns and passenger flight cancellations. With some service in the Americas beginning to return, cargo capacity is slowly returning in passenger aircraft bellies. Still, a forwarder with a large South American network tells Air Cargo World there is a long way to go in terms of reopening capacity.Find this and more in this week’s edition of the Weekly Wrap, featuring Editor Caryn Livingston and Publisher JJ Hornblass.
Released:
Jul 17, 2020
Format:
Podcast episode

Titles in the series (75)

The On Air with Air Cargo World podcast explores air cargo operations and logistics. The podcast delves into topics such as air cargo integration into the logistics supply chain, new technologies and operational strategies, especially for freight forwarders. On Air with Air Cargo World is brought to you by Air Cargo World, the leading air cargo magazine. Air Cargo World is an award-winning digital publication with over 75 years of industry experience. Founded in 1942, the magazine aims to provide air logistics professionals with insightful information using data analysis, feature articles, and in-depth coverage of events and trends affecting their business and the airfreight logistics industry. Its readership consists of logistics professionals, airline and airport executives, freight forwarders, importers, exporters, and others who manage or purchase transportation products and services within the airfreight supply chain. It offers a Premium subscription consisting of exclusive data and coverage, monthly features, digital magazine content, and more. Subscribe today to the source for airfreight and logistics at https://aircargoworld.com/subscribe/. Air Cargo World presents the annual Air Cargo Excellence (ACE) Awards, which ranks the best performing airports and carriers, as well as the Air Cargo Executive of the Year award, given to a noteworthy air logistics industry professional. Air Cargo World assists in producing leading industry events, consisting of the Cargo Airport Growth Summit, Cargo Facts Asia, Cargo Facts EMEA, and Cargo Facts Symposium.