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The Impact of Global Pandemic on Worldwide Businesses

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Air Freight Logistics
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The Impact of Global Pandemic on Worldwide Businesses

Boeing Plans to End 767 Freighter Program, Slow Down 777X Rollout

Boeing is scaling back production plans for the 767 and next-generation 777-X freighters, which could lead to a shortage of wide-body freighters by the end of this century.

Canadian Pilots Approve New Contract

Pilots at Air Canada approved a new collective bargaining agreement on Thursday that includes several pay raises and quality-of-life improvements. This contract is described as the largest labor deal in the airline’s history, bringing pilot compensation closer to their American counterparts.

UPS Expands Cargo Space at Gary/Chicago Airport

The general aviation airport in Gary, Indiana, is expanding its cargo infrastructure to assist UPS. The airport also adopts a “make dreams come true” strategy: building infrastructure to attract other freight companies.

Boeing Considers Next Steps After Withdrawing Contract Offer

Boeing has announced that it has withdrawn the contract offer made to striking machinists union workers and is now considering its next steps.

Amazon Air Sells Excess Capacity to Third-Party Freight Companies

Amazon’s cargo airline opens up transportation services for logistics companies and other enterprises, increasing the utilization of its private fleet originally dedicated to supporting its own e-commerce sales.

Airlines Pause Florida Cargo Operations Due to Hurricane Milton

Airlines have notified shippers not to send goods to airports located in the projected path of Hurricane Milton while implementing emergency plans to relocate personnel and equipment.

GlobalX Airlines Launches Nonstop Freight Service Between Chicago and Puerto Rico

The emerging airline Global Crossing Airlines, in collaboration with freight tech startup Airblox, has launched a non-stop cargo service between Chicago and Puerto Rico.

Schenker Sale to DSV Approved

Swiss-headquartered DSV is expanding its logistics services provider roster by purchasing Schenker from the debt-ridden German national railway company.

33,000 Boeing Workers Lose Health Insurance

Boeing has canceled health insurance for 33,000 workers and their families due to ongoing strikes by machinists union in the Pacific Northwest.

Anther Polar Air Cargo Executive Sentenced for Fraud

Another executive at Polar Air Cargo was sentenced to prison for over a decade of corporate fraud.

National Guard Mobilizes in North Carolina for Hurricane Helene

National Guard units from across the country are heading to North Carolina to assist victims of tropical storm Helene.

Former Polar Air Cargo Executive Sentenced to Six Months for Fraud

A senior executive at a well-known air cargo company was sentenced to prison for defrauding corporate resources.

Western Global Airlines Settles Gender Discrimination Charges, Pays $85,000

The freight operator Western Global Air will pay $85,000 in back wages to female workers to comply with federal regulations.

Lufthansa Cargo Introduces Environmental Surcharge for Sustainable Aviation Fuel Quotas

Lufthansa Cargo has become the first airline to charge shippers an additional fee to help cover the cost of blending expensive alternative fuels with fossil fuel-based jet kerosene.

IAM Negotiators Say Union Will Not Vote on Boeing’s ‘Final’ Contract Offer

Negotiators representing striking machinists and aerospace workers say that Boeing’s final contract offer will not be put to a union vote.

Alaska Airlines Reorganizes Cargo Leadership Due to Hawaii Merger

Alaska Airlines has brought in senior management to oversee the cargo department, which has become more complex due to the acquisition of Hawaiian Airlines, including international freight and Amazon transport operations.

Tariffs on Chinese E-commerce May Suppress Demand

The White House’s efforts to reduce duty-free online orders from China into the US are unlikely to disrupt Shein and Temu’s business but could impact American consumers and retailers.

Union Leaders Join Boeing Strike in Pacific Northwest

International Association of Machinists and Aerospace Workers International President Brian Bryant joined the picket line this week, joining about 33,000 striking Boeing workers.

FedEx Affected by Weak Demand and Loss of Premium Customers

A challenging parcel market environment has led to disappointing first-quarter results for FedEx.

Boeing Halts Key Projects Due to Strike, Puts Workers on Leave

Two days after announcing a hiring freeze, Boeing informed employees that due to the aerospace workers’ strike, it would proceed with a leave program in the coming days.

DOT Approves $1.9 Billion Alaska Airlines and Hawaiian Airlines Merger

Alaska Airlines will integrate Hawaiian Airlines’ cargo fleet to serve Amazon, becoming an important freight airline.

Boeing Freezes Hiring, Considers Leave as Strike Could Cost $350 Million

Boeing has informed employees of a hiring freeze and is considering leave in the coming weeks. Experts predict that the company will face significant cash losses this quarter due to ongoing machinists’ strikes.

Australian Freight Industry Welcomes Approval for Melbourne’s Third Runway

Melbourne Airport is moving forward with plans to build a third runway, which is expected to enhance the competitiveness of freight operators in the region.

Canadian Airlines and Pilots Reach New Contract, Avert Strike

Air Canada and its pilots resolved contract disputes at the last minute, avoiding a strike.

Schenker Sale Makes DSV a Freight Giant

The German railway company Deutsche Bahn is selling its Schenker logistics division to Danish DSV, creating the world’s largest freight forwarding company through this deal.

Boeing Machinists Reject New Contract and Join Strike

Workers manufacturing Boeing aircraft began striking on Friday after rejecting the union-recommended agreement.

Canadian Airline Labor Dispute Threatens Supply Chain

With a deadlock over new contracts between Air Canada and pilots approaching critical levels, both Air Canada and local businesses are calling for government action in Canada.

Report: DSV Wins Schenker Bid

Schenker has been sold, but not to the US private equity group vying for control of the German logistics provider. Danish transport provider DSV emerged as the winning bidder.

WestJet Adopts New Business Model to Meet Cargo Needs

WestJet Cargo is seeking alternative revenue sources as a new investment in four cargo aircraft has not met income expectations.

LAX Leases Freight Facility to Alliance Ground International

Airport services company Alliance Ground International won the bid to lease a freight terminal at Los Angeles International Airport.

Lufthansa Cargo Invests Over $600 Million in Frankfurt Hub Renovation

Lufthansa is in the early stages of a massive multi-year renovation and expansion plan for its global cargo hub at Frankfurt Airport, Germany.

Canadian Airline Pilots’ Strike Could Cause Cargo Delays

If Air Canada fails to reach a collective bargaining agreement with pilots, freight customers could face difficulties starting from September 18th.

To Meet Growing Asian Transportation Demand, Qantas Increases Cargo Capacity

Qantas has deployed a new Airbus A321 freighter, enabling it to offer more service options for its clients in Oceania and Asia.

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Source: FreightWaves

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NRF: Early peak shipping season to subside in September
Supply Chain

NRF: Early peak shipping season to subside in September

The National Retail Federation (NRF) and Hackett Associates report that the early peak shipping season is ending, with U.S. port imports expected to decline for the rest of 2026. May was the busiest month at 2.24 million TEU. Tariff changes and supply chain disruptions drove retailers to pull forward orders. Consumer spending remains resilient. Full-year 2026 imports are projected at 25.5 million TEU, up 0.1% from 2025.

China’s exports rise 14%, imports up 22% amid trade war resilience
Supply Chain

China’s exports rise 14%, imports up 22% amid trade war resilience

China’s foreign trade rose 17.3% to ¥30.13 trillion in the first seven months of 2026, with exports up 14% and imports surging 22%. High-tech exports jumped over 50% in July, accounting for nearly 60% of monthly export growth. U.S.-China trade fell 1.6%, while ties with over 180 countries—including ASEAN and the EU—expanded. Green exports like EVs and lithium batteries posted double-digit growth for the 17th straight month. China also applies zero tariffs to imports from 63 countries.

TSMC revenue up 33.7%, ASML ships 86 lithography machines
Manufacturing

TSMC revenue up 33.7%, ASML ships 86 lithography machines

TSMC reported $40.2 billion in Q2 2026 revenue — up 33.7% year-on-year — with 2-nm process contributing 3% of sales. ASML shipped 86 new lithography machines in the same quarter, boosting revenue to €9.32 billion ($10.69 billion). TSMC holds 73% of the global foundry market, while ASML’s EUV tools remain essential for sub-3-nm chip production. Both companies’ five-year net income grew over 90% (ASML) and 251% (TSMC). TSMC’s $100 billion Arizona expansion will support 2-nm manufacturing and advanced packaging.

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