Lufthansa leads Series A funding for online freight platform Fleet

Lufthansa Cargo led a US$10 million Series A round of financing in Fleet, an online freight platform startup, with participation from investors, including Hunt Technology Ventures and UPS. Fleet is an online marketplace that matches customers’ demand for freight services with available capacity provided by logistics companies, offering an alternative to the conventional freight-forwarding model. […]
  • Lewis King
  • January 25, 2018

Virgin Atlantic deploys CSafe RAP containers for pharma, life-science cargo

Virgin Atlantic Cargo is now accepting bookings for the new CSafe RAP container for large shipments of pharmaceutical and life-science products. The carrier is the first U.K.-based airline to approve the use of CSafe’s new RAP container for temperature-sensitive healthcare products, just days after the European Aviation Safety Agency (EASA) approved the unit for use […]
  • Lewis King
  • January 25, 2018

Agency approval of new CSafe RAP active container opens E.U. market

Cold-chain packaging manufacturer CSafe Global has received approval for its new CSafe RAP active container from the European Aviation Safety Agency (EASA), expanding its customer base in the pharmaceutical and life-sciences market, for companies shipping temperature-sensitive products globally. The EASA is an E.U. agency that regulates civilian aviation safety. The agency’s approval means that EASA-regulated […]
  • Lewis King
  • January 23, 2018

Antonov Airlines’ An-124 transports communications satellite to French Guiana

Antonov Airlines transported the outsized Satellite from Washington Dulles International Airport (IAD), to Cayenne, French Guiana, on board one of its An-124-100 aircraft. Al Yah 3 is a GEOStar-3 satellite, manufactured by Virginia-based Orbital ATK. The satellite required transport in a container that measured 11.4 meters long, 4.6 meters wide, and 4.1 meters high, and […]
  • Lewis King
  • January 23, 2018

Emirates SkyCargo begins ‘pharma corridor’ program to ensure cool-chain integrity [VIDEO]

Emirates’ air cargo arm, SkyCargo, has added another layer of protection of the high-value cool-chain commodities in its global network with today’s launch of “pharma corridors,” linking various destinations that are designed to maintain strict end-to-end temperature control for sensitive goods. According to SkyCargo, the facilities within these corridors are operated under uniform cool-chain standards […]
  • Randy Woods
  • January 22, 2018

DHL launches Global Trade Barometer, calls for 3 more months of trade growth

Few logistics companies have access to the volume of trade data that DHL commands on a daily basis. Starting this year, the global integrator is crunching that data into its just-released “Global Trade Barometer,” a quarterly measure of economic growth based on import and export data for a number of intermediate and early-cycle commodities that […]
  • Lewis King
  • January 22, 2018

Maersk, IBM partner on logistics blockchain JV

Following the past summer’s cyberattack that hobbled operations at FedEx’s subsidiary TNT Express, blockchain technology is gaining traction as a promising way to offset security risks. Earlier this week, IBM and seafreight giant Maersk – itself a victim of a 2017 cyberattack – announced plans to extend their existing partnership and create a joint venture […]
  • Caryn Livingston
  • January 19, 2018

JD.com’s autonomous delivery bots hit Tianjin’s ‘smart city’ streets today

Autonomous delivery vehicles from Chinese e-commerce retailer JD.com hit the streets of Tianjin this morning, in support of the Chinese city’s “smart city initiative.” And while it’s just JD.com’s wheeled autonomous delivery vehicles (pictured below) at this stage, the Chinese retailer says it will soon start testing its own robots and flying drones as well. […]
  • Lewis King
  • January 18, 2018

Lufthansa Technik launching digital warehouse program

In a move to get on board with the internet of things (IoT), Lufthansa Technik AG subsidiary Lufthansa Technik Logistik Services (LTLS) is launching a program to digitalize its warehousing operations with a digital warehouse pilot destined for Munich Airport (MUC). One strategy the company has adopted in its digitalization approach is the decision to […]
  • Caryn Livingston
  • January 18, 2018

AGS joins EzyCustoms, starts DMK ground-handling operations

Asia Ground Service Company Ltd. (AGS) began ground handling and cargo terminal operations at the Bangkok Don Mueang International Airport (DMK), and joined EzyCustoms to handle electronic air waybills (e-AWBs). EzyCustoms operates as a single platform connected to multiple customs systems, allowing for electronic customs reporting of cargo information. According to AGS, it is the […]
  • Caryn Livingston
  • January 18, 2018

JD.com invests in Vietnamese e-commerce platform Tiki

Beijing-based JD.com – China’s largest e-commerce company by revenue – is expanding its Southeast Asia footprint with an investment in Vietnam e-commerce platform Tiki. JD.com said today it signed the share subscription agreement in Tiki’s recent financing round. Once the round closes, JD.com will be one of Tiki’s largest shareholders, and will partner with the […]
  • Caryn Livingston
  • January 16, 2018

Temasek, Kuehne + Nagel to form logistics investment JV

Startups are typically known for disrupting established industries and forcing current market leaders to innovate to compete, but at least one leading forwarder said it is welcoming such disruption. Switzerland-based Kuehne + Nagel (K+N), in partnership with Singapore investment company Temasek, is creating a joint venture (JV) company to invest in logistics start-ups. K+N and […]
  • Caryn Livingston
  • January 16, 2018

Crane’s Pete Mento returns to keynote at AirCargo 2018

The annual AirCargo 2018 Conference, which has been moved back to its early year position on the calendar (Feb. 18-20) in Austin, Texas, will feature the ever-popular Pete Mento of Crane Worldwide (pictured) as this year’s keynote speaker. Mento’s background as an air forwarder, customs broker and noted futurist means that while most people are […]
  • Randy Woods
  • January 15, 2018

What do the Sam’s Club closures tell us about Walmart’s e-commerce strategy?

It’s easy to become inured to the pace at which e-commerce is transforming our economy. But news from Air Cargo World’s own backyard – that Walmart subsidiary Sam’s Club announced that it was closing three locations in the Seattle area as part of a 63-store retrenchment across the U.S. – was an especially prescient reminder […]
  • Lewis King
  • January 15, 2018
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