Starting June 1st, 2023 Our warehouse fee will be $0.65/cubic foot per month
In effort to lower the warehouse storage fee during inflation, we have went narrow aisle racking.This construction took us four months but the project is finally completed. With narrow aisle racking, we are able to drop storage by 24%.We as partners will go through this inflation together.
03/10/2023
Carrier also adds Houston stop for exports to South America
Latam Cargo operates 17 Boeing 767-300s like this one (Photo: Latam)
Latam Cargo has inaugurated a twice-weekly cargo route between Los Angeles and Houston and South America via Quito, Manaus, and Sao Paulo. In the second half of 2022, the frequency of flights will increase to four times per week due to the addition of additional cargo aircraft. The new service aims to expand Ecuador's flower export destinations beyond Miami and Amsterdam, as well as meet the needs of shippers of industrial and electronic components, auto parts, machinery, engines, and other goods bound for Brazil.
Latam Cargo currently operates seventeen Boeing 767-300 freighters and has plans to add four more by 2024. After emerging from US bankruptcy protection in November 2021, the company reported a net profit of $2.5bn for the fourth quarter of 2021, compared to a loss of $2.75bn in the same period of the prior year. Latam Cargo's reorganization resulted in a modernized fleet and a debt reduction of $3.6 billion. Boeing will convert its last batch of passenger aircraft into cargo jets capable of transporting heavy loads on the main deck.
Latam has also signed new interline agreements to route additional cargo from Los Angeles International Airport to Asia. Last year, two additional flights were added from Huntsville International Airport in Alabama to Sao Paulo, allowing shippers in the Southeast to reach Brazil quickly. In addition, Latam Cargo launched a twice-weekly service between Miami, Santo Domingo, Colombia, and Quito. The airline operates units in Peru, Brazil, Chile, and Colombia.
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