K+N releases positive 2018 figures in first-half statement

Today, Switzerland-based forwarding giant Kuehne + Nagel (K+N) released its first-half results for 2018, reporting an airfreight volume increase of 18 percent over 1H17 to 863,000 tonnes. Operating profit (EBIT) in the Airfreight segment increased 20 percent in the half to US$182 million. Looking at the quarterly level, tonnage volume for Q1 increased by 21 […]
  • Nina Chamlou
  • July 19, 2018

CHAMP adds LOT Cargo to its client list

Today, Poland-based airline LOT Cargo said it has chosen Luxembourg-based IT company CHAMP to implement its air cargo management software into LOT’s operations. The carrier will utilize the quote transaction platform and artificial-intelligence-based data analytics module of the suite. LOT connects major European cities to hubs in the United States and Canada, and plans to […]
  • Nina Chamlou
  • July 19, 2018

Uber partners with Cargo startup for last-mile service

Uber, the rideshare car service that launched a thousand app-based imitators, has made a move to establish a toehold in the last-mile freight market by partnering with a Bay Area startup called Cargo, which enables passengers to order small packages while in transit to their destinations. While there are no specific airfreight applications for the […]
  • Randy Woods
  • July 19, 2018

Southwest Airlines launches international cargo services with HOU-MEX route

U.S.-based low-cost carrier Southwest Airlines has launched its Houston-Mexico City route – marking the debut of the carrier’s international shipping program – with the intention to add Cancun, Puerto Vallarta and Cabo San Lucas to its network later this summer. The airline is starting with four roundtrips per day between Mexico City International Airport (MEX) […]
  • Nina Chamlou
  • July 19, 2018

Volga-Dnepr, CLA bolster presence at Liège

Today, Volga-Dnepr Group and U.K.-based subsidiary CargoLogicAir signed a memorandum of understanding with Liège Airport (LGG) to bolster their presence in Europe by developing a regional cargo hub at Liège. The deal will also mean Liège Airport will provide the carriers with ground handling, warehousing and office areas at the hub. This follows yesterday’s announcement […]
  • Nina Chamlou
  • July 18, 2018

Kenya’s Astral Aviation to purchase two Falcon cargo drones

Today, at the Farnborough International Airshow, Dubai-based unmanned aerial vehicle (UAV) company Falcon Drones Technology and Nairobi-based cargo carrier Astral Aviation agreed that the airline will purchase two of Falcon’s  Lucas-F250 drones (pictured), with an option to purchase another 10 of the aircraft next year. The drone has an endurance of 10 hours, a range […]
  • Nina Chamlou
  • July 18, 2018

Southern Air pilots reach tentative agreement with Atlas Worldwide

Atlas Air Worldwide Holdings, Inc. (AAWW), has reached an agreement between the union representing pilots who fly for subsidiary carrier, Southern Air, over “interim enhancements” to the pilots’ collective bargaining agreement. According to AAWW, the interim agreement would “increase pay rates for Southern Air pilots to the same wage scales as provided to pilots of […]
  • Randy Woods
  • July 18, 2018

ODW opens high-tech Columbus logistics facility

Columbus-based 3PL ODW Logistics is opening a 200,000-square-foot logistics center, located 30 minutes from Rickenbacker International Airport (LCK), bolstering its foothold in the Ohio e-commerce hub. ODW says the facility’s services will be “fully customized for each shipper,” offering bar-code scanning, static and in-motion scales, dimensioning systems, label print and application capability, sortation services, and […]
  • Nina Chamlou
  • July 18, 2018

Delta Cargo, Korean Air announce airfreight JV for trans-Pacific routes

Today, Delta Cargo and Korean Air Cargo launch a joint-venture partnership to share belly capacity and facilities in a move to capture demand for trans-Pacific airfreight services. The partnership introduces Korean Air to Delta’s intercontinental U.S. market, which will align it to import products, such as cell-phones, auto parts and electronics to North America. Heading […]
  • Nina Chamlou
  • July 17, 2018

Panalpina releases positive first-half 2018 results

Swiss forwarder Panalpina reported a first-half net profit of US$36.1 million, up 20.1 percent over 1H17. Gross profit (what some forwarders call net revenue) was up 10.6 percent for the half to $744.4 million, while operating profit (EBIT) jumped 30.2 percent to $54.7 million. This strong performance comes after a long period during which Panalpina […]
  • Nina Chamlou
  • July 17, 2018

Volga Dnepr to buy 34 Boeing freighter aircraft

Yesterday, at the Farnborough International Airshow, Russian airline conglomerate Volga-Dnepr Group and U.K.-based affiliate Cargo Logic Holding signed a massive agreement with Boeing, which included a letter of intent to order twenty-nine 777Fs and firm-ordered five 747-8 Fs. The deal is valued at approximately US$2 billion. Alexey Isaykin, president of Volga-Dnepr Group and chairman of […]
  • Nina Chamlou
  • July 17, 2018

DHL Express purchases fourteen 777-Fs

Today, DHL Express released news of its purchase of 14 Boeing 777Fs at the Farnborough International Air Show, calling the purchase the beginning of “a gradual replacement of our older intercontinental fleet,” and said the investment is a “direct answer” to growing demand for global express capacity. The carrier said that the purchase will be […]
  • Nina Chamlou
  • July 16, 2018

Antonov reports 42 percent growth in 2018 YTD, plans to modernize fleet

Ukrainian outsize-cargo carrier Antonov Airlines reported an overall increase in revenue of 81 percent for the airline in 2017, and a 42 percent rise in revenue for the period of January to May of this year, compared to the first five months of 2017. Antonov attributed the influx in revenue to higher demand in the […]
  • Nina Chamlou
  • July 16, 2018

AirBridgeCargo, CargoLogicAir sign on with IoT firm for pharma tracking

At the Farnborough Air Show today, two cargo carriers – Russia’s AirBridgeCargo (ABC) and London-based CargoLogicAir (CLA) – said they have signed on with “internet of things” (IoT) digital avionics firm, SITAONAIR, to provide real-time monitoring of temperature-sensitive pharmaceutical cargo. Through the use of connected electronic sensors, SITAONAIR collects air cargo data provided by its […]
  • Randy Woods
  • July 16, 2018
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