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

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

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

Changes in Latitude: Latin America’s economy reverses years of cargo stagnation

Ten pallets of papayas are sitting in an industrial-sized refrigerator in one of the cool-chain facilities at Rio de Janeiro-Galeão International Airport (GIG), awaiting the green light from customs to be loaded onto the belly of a Los Angeles-bound widebody. Upon arrival in LAX, the prized fruits will be offloaded and transferred to another aircraft, […]
  • Nina Chamlou
  • July 5, 2018

Are security measures neutralizing airfreight’s chief asset?

“We live and die by the clock. We never turn our back on it – never allow ourselves the sin of losing track of time,” says Chuck Noland, a time-obsessed efficiency expert for FedEx, in the opening sequence of the hit Robert Zemeckis movie “Cast Away.” He speaks to a group of trainees at the […]
  • Brandon Fried
  • July 3, 2018

Uncertain Certification: Do CEIV-Pharma standards really help?

At an airfreight conference held last fall in Budapest, Marcel Fujike, senior vice president of products and services, global air logistics, for Kuehne + Nagel, commented during a post-roundtable Q&A session about the effectiveness of the growing CEIV standard for pharmaceutical handling. At one point, he remarked, “If we really want to move the industry […]
  • Lewis King
  • July 2, 2018

MNX Global Logistics signs with Descartes to comply with ACAS rules

The new Air Cargo Advance Screening (ACAS) final rules requiring the sharing of cargo data before it is loaded onto an aircraft bound for the United States have been implemented this month, but the program is not being fully enforced by U.S. Customs and Border Protection (CBP) until next year. However, 3PL MNX Global Logistics […]
  • Randy Woods
  • June 28, 2018

Panalpina launches ‘digital hub’ technology arm in Zurich

This week, Swiss forwarder Panalpina debuted its “Panalpina Digital Hub,” the new Zurich-based technology-focused arm of its business that will focus on exploring cutting-edge systems, such as the “internet of things” (IoT), artificial intelligence (A.I.) and blockchain, with the intent of forming strategic partnerships with European start-ups to integrate these technologies. “We, like many of […]
  • Nina Chamlou
  • June 26, 2018

DHL adding e-commerce operation to existing Aussie facility

The increase in e-commerce exports from Australia has prompted DHL to add an e-commerce-specific distribution center to its already-existing 16,700-square-meter Melbourne cargo facility, operated by DHL’s Global Forwarding division. The co-located operation are situated in the Melbourne suburb of Tullamarine. The new addition, operated by DHL’s eCommerce division, will mostly handle exports up to 2 […]
  • Randy Woods
  • June 25, 2018

Trade War Fallout: 5 ways the Trump tariffs could impact air cargo

In trade wars, there tend to many casualties and few winners. But in the current politically charged climate, a trade war is now a reality, as the United States decided in March to adopt an aggressive protectionist policy to correct what the Trump administration believes is a crippling trade deficit between the U.S. and several […]
  • Randy Woods
  • June 21, 2018

NCA audit may take longer than hoped

After Nippon Cargo Airlines (NCA) temporarily grounded its eleven 747-Fs due to a maintenance record discrepancy over the weekend, the forwarding community is saying the halt in air service may be longer than the Narita-based carrier’s initial estimate. Japan’s Civil Aviation Bureau is scheduling an inspection of NCA’s entire fleet after finding that the carrier has […]
  • Nina Chamlou
  • June 19, 2018

U.S. imposes long-awaited advance screening rules for inbound air cargo

After nearly eight years of starts, stops and delays, the U.S. Department of Homeland Security (DHS) has finally implemented its much-debated Air Cargo Advanced Screening (ACAS) program, requiring all carriers of commercial cargo to report electronic airfreight data to U.S. Customs and Border Protection (CBP) before the cargo is loaded onto aircraft bound for the […]
  • Randy Woods
  • June 13, 2018

Heeding the Call of Shippers: What 3PLs must know to survive the e-commerce revolution

A happy couple is about to move into their first house. All the furniture, clothes and kitchenware items have been sent to the new residence, but there is one crucial, final element still missing: The king-size brass bed that has been ordered through Macy’s and is set to arrive on Friday, just before move-in day. […]
  • Randy Woods
  • June 6, 2018

Hitting the wall: Tariffs may bring a premature end to the cargo boom

Air cargo volumes over the past year achieved levels not seen in more than a decade as surging global economies fueled demand and reinvigorated the need for speed. Retailers and manufacturers seem to have been the prime users as increased business brought about by the e-commerce megatrend created the need for fast product delivery. Now, […]
  • Brandon Fried
  • June 5, 2018
Page 1 of 2912345 1020...Last »