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3D Printing & Cargo: Threat or opportunity?

3D Printing & Cargo: Threat or opportunity?

May 4, 2016 at 5:59 pm 0 comments

Many people still think of 3D printing (3DP) as a toy for the “maker” geeks crowd. Today, that toy status of 3DP is official. Mattel recently introduced a 3D printer for kids called the ThingMaker, which runs on cuttingedge 3D design and printing technology from Autodesk, the same company thatRead More

March points to another tough year ahead for airfreight

March points to another tough year ahead for airfreight

May 4, 2016 at 5:56 pm 0 comments

The International Air Transport Association noted the “softness” of the airfreight market and warned of another tough year ahead in its March 2016 airfreight market analysis, which reported a 2 percent, year-over-year, drop in worldwide cargo traffic, measured in freight tonne kilometers. Tony Tyler, IATA’s director general and CEO addedRead More

Atlas Air 747-8F Artwork

Pilots union dispute heats up with potential strike vote

May 4, 2016 at 5:46 pm 0 comments

On ongoing dispute between a prominent pilots’ union and five carriers that operate DHL’s North American network recently reached a new level as the union members have decided to vote to authorize a potential strike action over disagreement in contract negotiations. Over the next 10 days, nearly 2,000 pilots representedRead More

Tough Q1 for Lufthansa Cargo

Tough Q1 for Lufthansa Cargo

May 3, 2016 at 5:54 pm 0 comments

First-quarter performance at Lufthansa’s logistics division, which includes its cargo operations, lagged behind other segments, incurring a US$22 million loss during the first three months of 2016 as EBIT dropped by $82 million, compared with Q1 2015 data.  Revenues contracted by a whopping 21.8 percent, which Lufthansa blamed on overcapacityRead More

Etihad invests in Parma for cargo returns out of Milan

Etihad invests in Parma for cargo returns out of Milan

May 3, 2016 at 5:40 pm 0 comments

UAE-based Etihad Airways signed an agreement to establish a new cargo transit center at Parma Airport aimed at increasing the centrally located Italian airport’s cargo handling and transfer operations. Etihad said it expects the investment will translate into additional outbound cargo shipments beginning this summer from its main Italian cargoRead More

Committed to raising our collective Cargo iQ

Committed to raising our collective Cargo iQ

May 3, 2016 at 5:33 pm 0 comments

Recently, while speaking at the World Cargo Symposium in Berlin, IATA’s CEO Tony Tyler called for a further transformation in the airfreight industry, saying that quality of service should be its priority. Indeed, industry performance has been lackluster over the past few years. As global recessionary pressures reduced yields, shippersRead More

Perishables bear fruit: Why air cargo shouldn’t fear modal shift

Perishables bear fruit: Why air cargo shouldn’t fear modal shift

May 2, 2016 at 5:47 pm 0 comments

The flat peach – also called a Saturn peach or a doughnut peach for its toroid shape – is high in potassium, vitamin A and vitamin C, and has become a popular health snack in many parts of the world. In 2015, flat peach production spiked, reaching more than 200Read More

CEVA resists headwinds for continued Q1 growth

CEVA resists headwinds for continued Q1 growth

May 2, 2016 at 5:07 pm 0 comments

Swelling net revenue margins supplanted the impact of lower gross revenues for Netherlands-based CEVA Holdings during the first quarter of 2016. The group’s freight management unit, which includes air and seafreight forwarding, reported a 57.1 percent, year-over-year, jump in EBITDA, to US$10 million, on a constant currency basis. Cargo volumesRead More