The report also found that global transportation costs have fallen below their long-term average thanks to lessening pressures on shipping, rail, air and road freight.
Airbus began notifying airlines about expected delivery delays that will take place in 2024 while remaining confident this doesn't indicate worsening supply chain issues.
The decision to break from Smith’s approach was cheered by analysts, who raised their stock-price targets or recommendations, even as they warned of challenges.
The plane maker is expected to report a surge in first quarter deliveries when it discloses March handovers, a sign of the progress Boeing is making toward stabilizing work in its factories.
The carrier is changing the way it forecasts and responds to severe storms as part of a series of reforms to prevent a repeat of the late December 2022 disruptions.
The latest news, analysis, services and systems regarding air cargo and its impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through air cargo solutions. New technologies that provide information during air shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As air cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using air cargo solutions to power their supply chains.
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