FedEx has started a new flight linking Dublin and Indianapolis, the second largest air hub in the company’s network, to speed transport of healthcare and other high-value freight products for shippers in the United States and Ireland. The new direct air freight lane will operate four days per week and allow goods from Dublin to bypass congested East coast gateways and arrive at their destination one day faster, FedEx (NYSE: FDX) said in a news release on Tuesday. Ireland is a top pharmaceutical and biopha ...

Core Viewpoint - AerCap Holdings N.V. has successfully delivered the first two Boeing 777-300ERSF Passenger-to-Freighter converted aircraft to Kalitta Air, marking a significant milestone in their partnership and the cargo conversion program [1][4]. Group 1: Aircraft Delivery and Certification - The first two aircraft were delivered to Kalitta Air on September 12 and 13, 2025, and are part of a larger order of seven aircraft [1][3]. - Kalitta Air is the launch operator of the AerCap Cargo 777-300ERSF conversion program, which began in 2020, aimed at replacing their aging Boeing 747 freighter fleet [2][5]. - The aircraft have received certification from both the Civil Aviation Authority of Israel (CAAI) and the Federal Aviation Administration (FAA) for a 100-tonne payload capacity [2][4]. Group 2: Operational Plans and Market Impact - Kalitta Air plans to commence revenue operations with both aircraft in early October, with additional deliveries expected in the following weeks [3]. - The Boeing 777-300ERSF is designed to redefine air freight capabilities, featuring a payload capacity of 100 metric tons (220,000 pounds) and a volume of 811 m³ (28,640 ft³) [5]. - The introduction of the 777-300ERSF is expected to lower operating costs compared to existing widebody freighters and contribute to decarbonization efforts by reducing CO2 emissions by 20% [5]. Group 3: Company Backgrounds - AerCap is a global leader in aviation leasing, serving approximately 300 customers worldwide and maintaining a strong order book [6]. - Kalitta Air operates a fleet of Boeing 747 and 777 freighters, providing cargo services across six continents and is recognized for its commitment to safety and reliability [7].

Core Insights - Freightos has partnered with SriLankan Cargo to enhance online air cargo booking and payments, significantly expanding its presence in South Asia and improving access to Colombo as a transshipment hub [1][4] Company Overview - Freightos is a leading digital booking and payment platform for the international freight industry, facilitating connections among airlines, ocean carriers, freight forwarders, and importers/exporters [7][8] - SriLankan Cargo, the air freight division of SriLankan Airlines, connects to 32 online destinations in 21 countries and over 200 destinations globally, with strong capacity to India and the Gulf [3][11] Partnership Details - The integration allows over 10,000 freight forwarding offices using WebCargo to access, quote, book, and pay for SriLankan's air freight capacity through a single platform [2] - The partnership democratizes access to SriLankan Cargo's capacity for non-IATA forwarders in Asia, removing the need for airline credit lines or bank guarantees, which is particularly beneficial for SMEs in emerging markets [4] Service Enhancements - SriLankan Cargo will leverage Freightos' rate management and procurement tools to enhance visibility during the freight buying process [5] - The integration will also enable seamless booking of complex multi-carrier routes, optimizing load factors for partner airlines like Qatar Airways and Emirates SkyCargo [5] Industry Context - The partnership is positioned to enhance agility in the freight industry, which is increasingly reliant on digital solutions for efficiency and resilience [4][8]

Investment Rating - The report indicates a generally positive outlook for the global transport markets, particularly in ocean freight, while air freight shows signs of weakness [1][2]. Core Insights - Global ocean volumes in Q2 are up 6% year-over-year (yoy) in China, with Asia-Europe trade also experiencing mid-single-digit growth, despite some declines in Pacific volumes [1][2]. - Air freight has weakened recently, with initial growth in April fading due to regulatory changes and underperformance in North America [1][3]. - The China-US cargo rush is slowing, with forecasts indicating significant declines in US imports and weaker export orders from China [2][4]. Summary by Sections Freight: Ocean Resilient, Air Softer - Ocean freight volumes are showing resilience with a 6% increase in China port throughput yoy, while air freight has softened following regulatory changes [1][2]. Air Freight: Softer Following De Minimis Changes - Air freight growth was initially positive in April but has since declined, particularly in North America, with ISM new orders in contraction for four consecutive months [1][2][3]. Sea: Positive Global Volume Growth in Q2 - Global container volumes increased by 6% in April, indicating a positive trend in seaborne trade despite some regional variations [1][2][35]. Shipping: Rates Up from April Lows, but Starting to Fade on the Pacific - Shipping rates have recovered from April lows but are beginning to show signs of fading momentum, particularly in the Pacific region [1][2][95]. Airlines: Weaker Unit Revenue Trends into Summer - Airline fare data has weakened, particularly in Europe and the US, with expectations of slowing passenger growth across major hubs [3][4]. Airports: Generally Slowing Traffic Growth - Airport traffic growth is generally slowing, reflecting broader trends in air travel demand [3][4]. Commodities Shipping - Crude tanker rates have increased due to geopolitical tensions, while demand for shipments remains high [9]. Asia-Europe Trade - There is robust growth in Asia-Europe container trade, supported by favorable exchange rates for imports from China [9][67][69].