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 […]

AAPA reports stable May growth, warns of protectionist policies’ effect on demand

The Association of Asia Pacific Airlines (AAPA) today reported a 4.9 percent year-over-year increase in its member carriers’ cargo traffic to 6.13 billion FTKs. The AAPA said the growth was driven by generally solid economic growth across the Asia-Pacific region, combined with stronger demand for manufactured goods. The May growth is slightly lower than the […]
  • Nina Chamlou
  • June 26, 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

Evidence of capacity squeeze as NCA freighter audit continues

Nippon Cargo Airlines’ (NCA) fleet of eleven 747Fs has now been grounded for more than a week as government authorities continue to audit the carrier’s maintenance records. With the sudden loss of capacity ex-Asia, forwarders and shippers active in the market are starting to feel the capacity squeeze, particularly as it translates into higher rates. A […]
  • Nina Chamlou
  • June 25, 2018

Austrian company begins construction on logistics facility in Carinthia

Today, Austrian 3PL Gebrüder Weiss has begun construction on its 9,000-square-meter logistics facility in Maria Saal – a town in Austria’s southernmost province of Carinthia – citing an increased demand for its final-mile services and need for greater warehouse capacity as catalysts for the project. The company handles air, land and seafreight – handling 320,000 […]
  • Nina Chamlou
  • June 25, 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

NCA says it will be at least ‘more than another week’ before 747-Fs are back in the sky

Today, Nippon Cargo Airlines (NCA) released a statement saying its 747 freighter fleet will remain on the ground for another week, following last week’s news that the carrier would undergo an immediate government audit, pausing its 11 freighters from running services on its trans-Pacific routes due to the discovery of discrepancies in the airline’s maintenance […]
  • Nina Chamlou
  • June 22, 2018

Alibaba plans massive 3-year expansion of Rural Taobao network

In an effort to cover more of the smaller towns across the vast expanses of Western China, Alibaba Group said it plans to widen the reach of its “Rural Taobao” project to include 1,000 counties and 150,000 villages across China in the next three years. Launched in 2014, Rural Taobao is the company’s program to […]
  • Randy Woods
  • June 22, 2018

IoT firm Roambee secures investment from Indonesia’s MDI Ventures

Santa Clara-based internet of things (IoT) company Roambee has received a US$2 million investment from MDI Ventures, the corporate venture arm of Telkom Indonesia. The deal will give Roambee access to the Indonesian logistics market, which is projected to grow to $240 billion by 2021. The Roambee asset monitoring system uses Bluetooth, wi-fi and Global […]
  • Nina Chamlou
  • June 22, 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

MNX Logistics to build a cool-chain pharma facility at JFK

Long Beach-based MNX Global Logistics has opened a 14,000-square-foot “healthcare and life sciences” logistics facility near New York’s JFK International Airport for temperature-sensitive pharmaceutical cargo, in compliance with the Good Distribution Practice (GDP) standards for the safe transportation of cool-chain products. The company’s CEO, Paul Martins, cites a heightened demand for biologics, cold-chain and medical […]
  • Nina Chamlou
  • June 21, 2018

FedEx reports solid fourth quarter results

Yesterday, in addition to the announcement that FedEx ordered for twelve 767Fs, and twelve 777Fs in a deal valued at US$6.6 billion, the express giant reported revenue up 10.1 percent, y-o-y, in its fiscal fourth quarter (ended 31 May) to a record $17.31 billion. Net income for the quarter was $1.13 billion, up 10.5 percent from […]
  • Randy Woods
  • June 20, 2018

IAG Cargo to host competition for startups to secure investors

IAG Cargo, the cargo arm of International Airlines Group, is accepting applications for its third iteration of its 10-week long “Hangar 51 Travel Tech Accelerator” program, to be held in London. The mentorship for logistics startups offers a chance to win a “multimillion pound” investment for their business idea at the end of the program, […]
  • Nina Chamlou
  • June 20, 2018

Australian, Norwegian marine companies partner in IoT to transport live fish

A new partnership between marine transportation companies, Australian FloatPac and Norwegian LipFish AS, may be an example of an application of the internet of things (IoT) that could catch on in the airfreight industry. LipFish AS said it has “worked closely” with FishPac – the oxygen-transport-systems-specific arm of the Australian aquaculture company – to develop […]
  • Nina Chamlou
  • June 20, 2018
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