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DHL looks to cross-border investment for e-commerce growth

DHL looks to cross-border investment for e-commerce growth

July 28, 2016 at 5:58 pm 0 comments

One would be hard-pressed to name a market expanding more rapidly than cross-border e-commerce, and today DHL Group’s Post unit has unveiled its strategy to construct six new distribution centers and expand two existing centers in the United States to leverage this growing market. By 2020, the value of cross-borderRead More

Air France-KLM Cargo still posting losses in first half of 2016

Air France-KLM Cargo still posting losses in first half of 2016

July 28, 2016 at 5:55 pm 0 comments

It’s been a year already scarred with bad economic and political news in France and much of Western Europe, and it has so far been reflected in the first-half figures from Air France-KLM Cargo, which saw freight volumes fall 6.5 percent to 558,000 tonnes, year-over-year. Cargo revenues for the firstRead More

ACS and your mom’s favorite metal band wrap world tour

ACS and your mom’s favorite metal band wrap world tour

July 27, 2016 at 6:18 pm 0 comments

Iron Maiden’s “Book of Souls” tour, which wrapped up last month in Germany, saw one of the hardest working bands in showbiz jet between 50 shows on six continents onboard a customized 747-400, chartered by Air Charter Service (ACS) and operated by Air Atlanta. The 747-400, with “Eddie,” the rotting-corpseRead More

Airfreight posts modest gains at DB Schenker

Airfreight posts modest gains at DB Schenker

July 27, 2016 at 5:54 pm 0 comments

Today’s preliminary half-year 2016 numbers from Deutche Bahn AG, parent company of DB Schenker, put the German transportation company just ahead of it’s position last year, up 0.2 percent, year-over-year, increasing adjusted revenue by US$36.27 million to reach $22.01 billion for the first six months of the year. Air freightRead More

Amerijet bought out by N.Y.-based private equity firm

Amerijet bought out by N.Y.-based private equity firm

July 27, 2016 at 5:50 pm 0 comments

ZS Fund LP, a New York-based private equity firm, has acquired Amerijet Holdings and its subsidiaries – Amerijet International, Inc., and ITN Worldwide. In conjunction with the acquisition, Amerijet CEO Dave Bassett is retiring and Vic Karjian, former chairman of Swiss carrier Farnair and co-founder and CEO of Falcon AviationRead More

Freightos goes global with online-marketplace pricing model

Freightos goes global with online-marketplace pricing model

July 27, 2016 at 5:42 pm 0 comments

Freightos has expanded its online marketplace that the logistics technology company hopes will revolutionize the freight market. After launching the Freightos Marketplace in January 2016 in “closed beta” mode, providing fast freight price quotes for some of the world’s largest forwarders, the company has broadened its scope to allow small-Read More

DHL Global Forwarding inks three-year deal with Ambatovy

DHL Global Forwarding inks three-year deal with Ambatovy

July 26, 2016 at 5:55 pm 0 comments

DHL Global Forwarding (DHL-GF) has entered into an initial three-year global freight forwarding agreement with Madagascar-based mining conglomerate Ambatovy. The deal entails two contracts for the provision of on-shore and off-shore services by DHL-GF. On-shore, DHL-GF is responsible for handling import customs clearance for airfreight shipments of mining spare partsRead More

Hamburg-Greenville, S.C., freighter services to begin in November

Hamburg-Greenville, S.C., freighter services to begin in November

July 26, 2016 at 5:43 pm 0 comments

Hamburg-based freight forwarder Senator International has announced plans to start bi-weekly flights between Greenville-Spartanburg Airport in South Carolina (GSP) and Munich, beginning on Nov. 5. Senator International’s addition will significantly increase cargo capacity between Germany and the region, which includes the U.S. states of South Carolina, North Carolina, Kentucky, TennesseeRead More