Business

UPS orders 19 Boeing 767 cargo jets

Boeing announced Tuesday that it sealed an order to sell 19 freighter planes to UPS in the latest sign of how surging e-commerce use is boosting the air cargo market.

Business

Los Angeles port, country's biggest, hit hard by coronavirus

The Port of Los Angeles, the biggest in the United States, has been significantly impacted by the new coronavirus outbreak and is forecasting a 15 to 17 percent drop in activity in the first quarter of the year, officials ...

Business

Aviation industry warns of cargo capacity shortfall

The global aviation industry warned Tuesday of a severe cargo capacity shortage as airlines around the world slash jobs and suffer plunges in profits due to the coronavirus crisis.

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Cargo

Cargo (or freight) is goods or produce transported, generally for commercial gain, by ship, aircraft, train, van or truck. In modern times, containers are used in most intermodal long-haul cargo transport.

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