CEVA releases positive Q1 figures, outlines post-IPO strategy

Less than a month after its initial public offering (IPO) on the Swiss stock exchanges raised about US$1.2 billion for the Dutch logistics firm, CEVA released generally positive figures for the first quarter of 2018, and provided some more details about its partial purchase of French shipping company CMA CGM. Adjusted earnings before interest, taxes, […]
  • Randy Woods
  • May 15, 2018

Asia-Pacific carriers experience robust cargo growth, higher yields, in 2017

With major manufacturing economies in the Asia-Pacific region benefitting from increased trade activity, the area’ airlines reported a robust 9.6 percent jump in international air cargo traffic as measured in freight tonne kilometers (FTK) for the year, according to preliminary aggregated financial performance figures released over the weekend by the Association of Asia Pacific Airlines […]
  • Randy Woods
  • May 14, 2018

A peek behind the curtain at Prime Air [VIDEO]

It’s been almost two years since “Amazon One,” the first Prime Air 767 freighter took to the skies for Amazon’s carrier, “Prime Air,” operated on a CMI basis by Air Transport Services Group and Atlas Air Worldwide Holdings. Today, Amazon’s freighter network has expanded to a total of 33 aircraft – all the same 767F model. […]
  • Randy Woods
  • May 11, 2018

Walmart Flipkart deal: Not the blockbuster it may seem?

Yesterday’s blockbuster US$16 billion deal, in which Walmart said it plans to buy a 77 percent stake in India’s online retail powerhouse Flipkart, caused some wild speculation about whether the acquisition could open up a new battleground in the Indian e-commerce wars currently being fought mostly by Alibaba and Amazon to expand their market share across […]
  • Randy Woods
  • May 10, 2018

75th Anniversary Snapshot: Data sharing – from floppy disks to Facebook risks

Last month, the U.S. Senate spent two days grilling Facebook founder Mark Zuckerberg about the abuse of personal data submitted by its customers, which may have been used to help sway the 2016 Presidential election. Today’s emphasis on the integrity of personal data made us nostalgic for a time not long ago, when the internet […]
  • Randy Woods
  • May 10, 2018

DP-DHL posts mixed results for Q1 2018

As the first quarter of 2018 wraps up, Deutsche Post-DHL Group reported mixed results over the three-month period, reporting a net-profit drop of 6.2 percent, year-over-year, but an increase in operating profit (EBIT) by 2.3 percent to €905 million. DP-DHL also reported trouble in both the Supply Chain and Post-eCommerce-Parcel (PeP) divisions, but also noted […]
  • Randy Woods
  • May 9, 2018

Unisys’ new A.I. software to be used by U.S. Customs

Today, U.S. Customs and Border Protection (CBP) has chosen third-party software and IT company Unisys Corp. to “develop, operate and manage systems used for risk assessments” of both people and cargo entering the United States, in accordance with CBP’s Targeting and Analysis Systems Program Directorate (TASPD). The system’s objective is to prevent clearance delays and […]
  • Nina Chamlou
  • May 9, 2018

CNS 2018: Identifying threats, vulnerabilities of today’s supply chain

PALM SPRINGS, CALIF. – Yesterday, Pauline Leary (pictured) of Smiths Detection gave a presentation here at the CNS Partnership Conference on the industry’s latest innovations in threat detection at ports and borders, an aviation industry phenomenon that was catapulted into the mainstream by the Sept. 11, 2001 attacks. Terrorist activity, while rare (as far as […]
  • Nina Chamlou
  • May 8, 2018

Expeditors goes from strength to strength

US-based forwarder and logistics services provider Expeditors International continues to set the bar for performance in the forwarding business, reporting first-quarter 2018 net income up 45.5 percent year-over-year to $137 million as net revenue rose 20.5 percent to $637 million. Operating income for the quarter was up 32.0 percent to $193 million. All three of […]
  • David Harris
  • May 8, 2018

CNS 2018: The ‘Year of the Customer’: A Q&A with CNS President Mike White

Back in February, CNS announced that Michael R. White had been appointed as the organization’s new president. Since joining in 2008, White has held several roles at CNS, most recently as vice president of government and industry relations, where he led CNS operations for advocacy, industry events, the CNS Cargo Agency Settlement System (CASS) and […]
  • Randy Woods
  • May 7, 2018

Trucking woes may be a window of opportunity for airfreight

After several years of tepid industry performance, the American freight forwarder is finally reaping the benefits of sustained global economic growth. Driven, in part, by e-commerce-related activity, the industry sees volumes continuing to grow throughout the upcoming year. But with this kind fortune comes the challenge of tight truck capacity constraints, making it difficult for […]
  • Brandon Fried
  • May 7, 2018

United, Lufthansa Cargo launch long-awaited joint venture

After nearly three years of negotiations, United Airlines and Lufthansa Cargo formally launched their air cargo joint venture (JV) last week, enabling both carriers to jointly manage sales and booking of standard and express shipments on routes between Europe and the United States. Effective May 3, the JV applies to selected routes from the U.S., […]
  • Randy Woods
  • May 7, 2018

Many Paths Forward: Which Chinese carrier has the right e-commerce strategy?

A single brown box is plopped down on the doorstep of family home in a rural town in the southwest Chinese province of Sichuan. The driver, who owns a two-van operation distributing packages to area residents, is now on his way to deliver his next package in the adjacent village. It’s a five-and-a-half-hour drive to […]
  • Nina Chamlou
  • May 3, 2018
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