{"id":6661,"date":"2023-02-13T01:38:14","date_gmt":"2023-02-12T18:38:14","guid":{"rendered":"https:\/\/bestcargo.vn\/en\/?p=6661"},"modified":"2023-02-13T01:39:20","modified_gmt":"2023-02-12T18:39:20","slug":"amazon-scales-back-cargo-flying-as-demand-cools-contractor-says","status":"publish","type":"post","link":"https:\/\/bestcargo.vn\/en\/amazon-scales-back-cargo-flying-as-demand-cools-contractor-says.html","title":{"rendered":"Amazon scales back cargo flying as demand cools, contractor says"},"content":{"rendered":"\n<p>One of Amazon\u2019s key air cargo operators said Monday that the e-commerce giant is scaling back on flights this year, citing lower demand and slower economic growth.<\/p>\n<figure id=\"attachment_6663\" aria-describedby=\"caption-attachment-6663\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-6663\" src=\"https:\/\/bestcargo.vn\/en\/wp-content\/uploads\/2023\/02\/National-Logistics-Policy.webp\" alt=\"Amazon scales back cargo flying as demand cools, contractor says\" width=\"1200\" height=\"675\" srcset=\"https:\/\/bestcargo.vn\/en\/wp-content\/uploads\/2023\/02\/National-Logistics-Policy.webp 1200w, https:\/\/bestcargo.vn\/en\/wp-content\/uploads\/2023\/02\/National-Logistics-Policy-768x432.webp 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-6663\" class=\"wp-caption-text\"><em>Amazon scales back cargo flying as demand cools, contractor says<\/em><\/figcaption><\/figure>\n<p>Air Transport Services Group<br>, which runs a significant portion of Amazon\u2019s air cargo fleet, said it expects to operate Boeing.<br>767 freighters dedicated to servicing Amazon and DHL at reduced schedules and less flight time per aircraft.<\/p>\n<p>\u201cBoth companies are adjusting their ground and air distribution and fulfillment networks in the United States to conform to reduced U.S. economic growth and consumer spending levels in the first half of 2023,\u201d ATSG said.<\/p>\n<p>Air cargo rates, which surged in recent years due to port congestion and high demand for fast deliveries, have slumped. The Baltic Air Freight Index was down more than 33% on Jan. 30 from a year earlier. The International Air Transport Association said last month that air cargo demand in November was down nearly 14% from the year-ago period, while capacity fell 1.9%.<\/p>\n<p>Meanwhile, passenger airlines have said travel demand has held up as consumers prioritize trips and other experiences.<\/p>\n<p>But coming off Amazon\u2019s weakest year for growth in its quarter century as a public company, CEO Andy Jassy has taken steps to curtail expenses. That includes cutting more than 18,000 jobs, pausing warehouse expansion and shuttering some projects.<\/p>\n<p>Amazon built out its fulfillment and logistics network at a frenzied pace during the Covid pandemic, as demand for e-commerce surged. Since then, rising inflation and a slowdown in consumer spending has forced Amazon to downsize. The company has weighed selling excess space on its cargo planes to other airlines, Bloomberg reported last December.<\/p>\n<p>ATSG said Monday that Amazon may not extend its leases on five Boeing 767-200 freighters, which are due to expire between May and September. Amazon opted to continue leasing four 767-200s into 2024, it added.<\/p>\n<p>Shares in ATSG slumped 9% in afternoon trading. Amazon\u2019s stock fell about 1%. A representative from ATSG didn\u2019t respond to a request for comment.<\/p>\n<p>After publication of this story, an Amazon spokesperson said in an emailed statement that the assertion the company is scaling back flights \u201cdue to lower demand overall and slow economic growth is false.\u201d<\/p>\n<p>\u201cAs part of our annual planning, we routinely reduce our flight schedules at this time of year to account for the typical post-holiday fluctuations and for aircraft maintenance,\u201d the spokesperson said.<\/p>\n<p>Amazon in October hired Hawaiian Airlines to fly large, rented Airbus cargo jets, and said it would retire some older planes.<\/p>\n<p>Through Amazon Air, the company has built up a burgeoning air network to control more aspects of the delivery process and ensure faster delivery. It invested in ATSG and Atlas Air Worldwide Holdings<br>, though Atlas agreed last year to be taken private by an investor group. Amazon also contracted with passenger airline Sun Country<br>to provide crews and planes to fly packages. The e-retailer typically leases freighters from its air contractors, but it has also purchased used jets from Delta.<br>and WestJet.<\/p>\n<p>In addition to Amazon and DHL reducing their air cargo schedules, delivery giant FedEx.<br>has also announced cost-cuts that include parking planes and cutting some corporate jobs.<\/p>\n<p><span style=\"font-weight: 400;\">Contact hotline <\/span><b>0906.262.769<\/b><span style=\"font-weight: 400;\"> for consultation<\/span><\/p>\n<p><b>Bestcargo<\/b><span style=\"font-weight: 400;\"> commits to providing fast, flexible shipping services with the most reasonable prices to all individuals and customers. Please contact us via hotline <\/span><b>093.456.2259 &#8211; 0906.251.816 &#8211; 0906.262.769<\/b><span style=\"font-weight: 400;\"> if you need to deliver goods from Vietnam to other countries<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We would like to thank our customers and partners for trusting and choosing Bestcargo\u2019s service.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><\/p>\n<p><b>Contact Info:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Website: https:\/\/bestcargo.vn\/<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Hotline: 0906.262.769<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Email: lienhe@indochinapost.vn<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Address:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Hanoi Office: 25, lane 81 Lang Ha, Quang Trung, Dong Da, Hanoi<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Hochiminh City Office: No. 10 Dong Nai, Ward 2, Tan Binh District, Ho Chi Minh City<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Can Tho Office: 24 B4 Street, KDC 91B, An Khanh Ward, Ninh Kieu District, Can Tho City.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Binh Duong Office: 30-32 Road No. 1, Phu Hoa, Thu Dau Mot, Binh Duong.<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6661","post","type-post","status-publish","format-standard","hentry","category-express-services"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v27.4) - 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