Emirates reports higher profits, despite slower cargo growth

This week, Emirates Group released financial results for the fiscal year ended March 31, 2018, reporting an eye-catching increase in overall net profit of 67 percent to US$1.1 billion. However, the cargo arm of its business, Emirates SkyCargo, reported slowing growth, with tonnage carried increasing by 1.8 percent to 2.6 million tonnes in FY2017, which […]
  • Nina Chamlou
  • May 10, 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

Volume growth at Pactl raises expectations

Over the past decade, Shanghai Pudong International Airport (PVG) has grown in importance in the air freight universe to the point that it is now the second busiest airport in the world for international cargo, behind only Hong Kong (HKG), and the third busiest for total cargo, lagging only Hong Kong and Memphis (MEM). Pactl, […]
  • David Harris
  • May 7, 2018

Demand flattens, yields soar in March… or do they?

March is usually a good time for reckoning in the air cargo industry. Any lopsided demand figures from the Chinese Lunar New Year surge are generally smoothed out by the third month of the year, and post-holiday inventory restocking generally begins to ebb as spring arrives. The March results from the major data analysis organizations, […]
  • Randy Woods
  • May 2, 2018

Air China, Royal Jordanian choose WFS for Copenhagen ground handling

One of the world’s largest cargo handling firms, Worldwide Flight Services (WFS), expanded its business even further today by signing two more contracts with Air China and Royal Jordanian Airlines to provide ground handling support at Denmark’s Copenhagen Airport (CPH). By the end of May, WFS said it will begin handling cargo transported by Air […]
  • Randy Woods
  • May 1, 2018

Association of Asia Pacific Airlines reports slowing growth in March

Results from the Association of Asia Pacific Airlines (AAPA) for March – Growth in cargo traffic measured in freight tonne kilometers (FTKs) slowed to 2.8 percent last month among AAPA’s member carriers, compared to the 13 percent growth in March of 2017. The 10 percent decrease in growth rate year-over-year is somewhat disconcerting, but the association […]
  • Nina Chamlou
  • April 26, 2018

E-commerce, express traffic continue to outpace general cargo growth in Q1

With first-quarter volume figures coming in for many airports around the world, we noticed two, in particular, stood out from the crowd: Leipzig Halle Airport (LEJ) in Eastern Germany, and Cincinnati/Northern Kentucky Airport (CVG) in the United States. Both of these mid-sized airports reported volumes up – way up – in Q1, reaching 12.3 percent and 34.1 percent […]
  • Randy Woods
  • April 23, 2018

DHL Express expands NYC e-commerce capacity to handle demand

To keep up with the rapid demand for e-commerce services in the greater New York City area, DHL Express has opened two new facilities in the region – one in Long Island City (LIC), in the borough of Queens, and the other in the Times Square section of Midtown Manhattan. DHL invested more than US$10 […]
  • Randy Woods
  • April 20, 2018

Dachser breaks its own record, revenue exceeding €6 billion

Today, German-based logistics company Dachser reported an increase in gross revenue of 7.2 percent to €6.12 billion – which marks the first time the company has achieved a revenue of over €6 billion. “Rising rates for air and seafreight, in particular, helped us achieve a significant increase in revenue,” said CEO Dachser SE Bernhard Simon. […]
  • Nina Chamlou
  • April 17, 2018

Registration now open for Cargo Facts Symposium in San Diego

The wait is finally over!  Registration for the 24th annual Cargo Facts Symposium, to be held Oct.10-12 at its new location, in the Omni San Diego, is now open. Run by our sister publication, Cargo Facts, the Symposium is the premier aviation event of the year. Continuing the success of previous years, the 2018 conference will […]
  • Randy Woods
  • April 10, 2018

Hong Kong heads ACI’s list of top 20 airports

According to preliminary data from the Airports Council International, total cargo handled (loaded and unloaded freight and mail) by airports worldwide in 2017 was up 7.9 percent over 2016 to about 118 million tonnes. International freight handled was up 9.9 percent to about 73 million tonnes, accounting for 62 percent of the total volume. To […]
  • Randy Woods
  • April 9, 2018

CEVA’s long-awaited IPO scheduled for Q2 on Swiss exchange

After months of speculation and years of rumors, the Switzerland-based 3PL CEVA Logistics said today that it is scheduling an initial public offering (IPO) during the second quarter of 2018 and hopes to raise US$1.36 billion, part of which would be used to relieve some of the company’s massive debt loads. In today’s statement, CEVA’s […]
  • Randy Woods
  • April 9, 2018

AirBridgeCargo adds scheduled service at Rickenbacker Airport

Moscow-based AirBridgeCargo Airlines (ABC) is the latest airline to add scheduled service at U.S.-based  Rickenbacker Airport (LCK) in Columbus. ABC will operate the scheduled flights aboard its fleet of 747 freighters, with its first flight scheduled to arrive at the cargo-centric airport on April 5. The scheduled service calls for the flights to continue on […]
  • Caryn Livingston
  • April 3, 2018

WorldACD reports slower volume growth for February

Despite earlier reports from the Association of Asia Pacific Airlines (AAPA) and others that Chinese New Year had little effect on February numbers, WorldACD noted a slowdown in growth for February, with year-over-year volumes increasing by a lower 4.4 percent – well below the 8.5 percent growth the market data group recorded for January. Worldwide […]
  • Caryn Livingston
  • April 3, 2018
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