Going once, going twice… Sold! Two 747-400s auctioned online via Taobao

We all know e-commerce is the wave of the future, but we didn’t think we’d see US$24 million aircraft transactions on a site usually used to purchase clothes or smartphones online. But on Alibaba’s subsidiary Taobao.com website, often described as the “eBay of China,” two 747-400ERFs were finally purchased via the online portal for a […]

Going once, going twice… Sold! Two 747-400s auctioned online via Taobao

We all know e-commerce is the wave of the future, but we didn’t think we’d see US$24 million aircraft transactions on a site usually used to purchase clothes or smartphones online. But on Alibaba’s subsidiary Taobao.com website, often described as the “eBay of China,” two 747-400ERFs were finally purchased via the online portal for a […]
  • Randy Woods
  • November 23, 2017

Cargolux staff scores €2,500 bonus in profit-sharing

When it was 2017, it was a very good year. Just in time for the holidays, all employees at the Luxembourg-based all-cargo carrier Cargolux received bonuses of €2,500, with another €2,500 to follow in May 2018, as part of the carrier’s profit-sharing program. The pay-out to employees is thanks to the expectation of improved 2017 […]
  • Caryn Livingston
  • November 23, 2017

BIFA urges investment in freight, logistics ahead of Brexit

To strengthen freight’s operating environment ahead of Brexit, the British International Freight Association (BIFA) called for the Chancellor of the Exchequer, Philip Hammond, to do more for the United Kingdom’s freight and logistics sector in today’s new budget. “In his autumn statement this time last year, Mr. Hammond announced plans that financial support for U.K. […]
  • Caryn Livingston
  • November 22, 2017

MNX Global Logistics acquires Melbourne-based Logical Freight Solutions

Responding to growing demand for healthcare-oriented logistics, MNX Global Logistics has acquired Logical Freight Solutions (LFS), a Melbourne-based logistics solutions provider that specializes in healthcare logistics. “This is our biggest acquisition to date,” said Ken Ying, MNX Global’s global director of marketing. Ying told Air Cargo World the deal would increase healthcare’s share of the […]
  • Lewis King
  • November 22, 2017

Bolloré Logistics, Oro partnership powers B2B e-commerce platforms

French logistics company Bolloré Logistics is partnering with software company Oro to offer business-to-business (B2B) platforms for e-commerce sales and processing. The agreement will combine OroCommerce platforms with Bolloré’s LINK information network. Under the combined platforms, OroCommerce platforms will be tailored specifically for B2B activity and merged with the LINK network, which provides real-time information […]
  • Caryn Livingston
  • November 22, 2017

Swissport’s Frankfurt outpost earns CEIV Pharma certification

Swissport Cargo Services Frankfurt is the latest outpost to earn IATA’s CEIV-Pharma certification, following “investments into infrastructure, equipment and training.” The global ground handler – which also recently acquired Aerocare, the largest ground handler in Australia and New Zealand – said that the certification followed development of a dedicated product line for the handling of […]
  • Lewis King
  • November 22, 2017

Massive Stratolaunch aircraft successfully tests engines [VIDEO]

About five months ago, we introduced you to the Stratolaunch, one of the most unusual aircraft we’ve seen in our 75 years of publishing. Built to carry another smaller vehicle designed to launch satellites into low-Earth orbit from high altitudes, the Stratolaunch was made by Stratolaunch Systems Corp., an aerospace firm created by Microsoft co-founder Paul […]
  • Randy Woods
  • November 21, 2017

West Atlantic U.K. moves to East Midlands Airport

The United Kingdom division of Swedish cargo airline West Atlantic is moving its operations from Coventry Airport (CVT) to East Midlands Airport (EMA) to be located closer to the carrier’s customers and to increase space needed for the airline’s expanding 737 fleet. West Atlantic Group specializes in mail and express freight, and its customers based […]
  • Caryn Livingston
  • November 21, 2017

New SF Express verification service tackles China’s widespread counterfeiting

Chinese logistics service provider SF Express has launched its “SF Certified International Shipping” (SF CIS) verification service, featuring visual branding that verifies that packages are being handled by SF Express, from their origin overseas to the end recipient in China. Launched in response to China’s lax intellectual property standards and widespread counterfeiting, David William Adams, […]
  • Lewis King
  • November 21, 2017

UPS inks its largest investment in renewable natural gas to date

In June, UPS announced its ambitious new sustainability goals, including a 12 percent reduction of absolute greenhouse gas (GHG) emissions from global ground operations by 2025. Shortly thereafter, UPS announced a US$90 million investment in natural gas vehicles and infrastructure. Now, the Atlanta-based integrator is heading into the year’s end inking an agreement with Big […]
  • Lewis King
  • November 21, 2017

Airlander 10 breaks free of moorings, damaging craft, delaying project

The storied Hybrid Air Vehicle (HAV) Airlander 10, affectionately known as “the flying butt,” seems to have run into another snag after a famously heavy landing last year caused significant damage to the aircraft. This time around, the aircraft broke free of its mooring, triggering a safety system that ripped open the aircraft’s hull, causing […]
  • Lewis King
  • November 20, 2017

Locus Robotics secures Series B funding in face of ‘significant labor challenges’

Autonomous-robot manufacturer Locus Robotics has secured US$25 million in Series B funding, led by Scale Venture Partners, as demand for robotics in e-commerce fulfillment grows and competition to lower fulfillment costs heats up. Locus Robotics said it plans to use the Series B proceeds to fund product development and go-to-market activities, as well as to […]
  • Lewis King
  • November 20, 2017

TIACA deal supports Africa’s airfreight development

The International Air Cargo Association (TIACA) and the African Airlines Association (AFRAA) signed a memorandum of understanding (MoU) that will have TIACA working with the 40 members of AFRAA to support air cargo development in Africa. Under the MoU, the organizations will collaborate on improvements to air cargo safety and security; developing new training initiatives; […]
  • Caryn Livingston
  • November 20, 2017

Alibaba pumps billions more dollars into China’s brick-and-mortar market [VIDEO]

Is Alibaba taking a page out of Amazon.com’s playbook? Alibaba Group announced this morning that it will acquire a 36.2 percent stake in Chinese supermarket operator Sun Art Retail Group for US$2.88 billion, an investment that “further underscores its commitment to ‘new retail,’” according to a company statement. The investment gives Alibaba a strategic foothold […]
  • Lewis King
  • November 20, 2017
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