Search results
Results from the WOW.Com Content Network
Polar Air Cargo Worldwide Inc. is a cargo airline based in Purchase, New York, United States. [2] It operates scheduled all-cargo services to North America , Asia , Europe , and the Middle East .
[28] [30] Final bids from the vendors to the revised specification were delivered in July 2020, delayed by the COVID-19 pandemic. [18] However, Mahindra pulled out in August 2020, citing financial issues. [31] By December 2020, just Karsan, Oshkosh, and Workhorse were left. [32] Final technical and financial reviews were completed in January ...
Causes of the economic slowdown included workers becoming sick with COVID-19 as well as mandates and restrictions affecting the availability of staff. In cargo shipping, goods remained at port due to staffing shortages. The related global chip shortage has contributed to the supply chain crisis, specifically in the automobile and electronics ...
The U.S. Postal Service has reduced its volume of shipments by aircraft by 90% over two years, putting the service on course to save $1 billion in annual transportation costs, U.S. Postmaster ...
USPS’s current air cargo contract with FedEx Corp. is set to expire in late September. The agency said in a statement that its contract with UPS will be for a minimum of five and a half years.
A longtime contract between FedEx Corp. and the United Postal Service is coming to an end this summer. The Memphis-based shipping giant announced Monday it will no longer be USPS’ main air-cargo ...
The 2020 United States Postal Service crisis was a series of events that caused backlogs and delays in the delivery of mail by the United States Postal Service (USPS). The crisis stems primarily from changes implemented by Postmaster General Louis DeJoy shortly after taking office in June 2020.
Air freight rates rose as a consequence, from $0.80 per kg for transatlantic cargoes to $2.50–4 per kg, enticing passenger airlines to operate cargo-only flights through the use of preighters, while cargo airlines brought back into service fuel-guzzling stored aircraft, helped by falling oil prices. [15]