E-commerce fulfillment costs are rising faster than revenue, Cargo Facts Consulting finds

In September 2019, Cargo Facts Consulting will publish a new report, the Global E-Commerce Logistics Outlook, to help companies craft their strategies towards a segment that has become increasingly important in logistics. This first in a series of articles leading up to the publication of the report gives insight into our evolving research. E-commerce logistics […]

• Frederic Horst
• July 19, 2019

LATAM, Delta June traffic remains weak in volatile market climate 

In the Americas, Chile-based LATAM Cargo reported flat year-over-year cargo traffic and Atlanta-based Delta Air Lines reported continued year-over-year declines for the month of June.  The former saw a reprieve from the declines in year-over-year traffic it posted over the past two months, although its year-to-date performance remains in decline, while Delta Cargo entered its third consecutive month of double-digit declines that began in […]

• Chelsea Toczauer
• July 19, 2019

Update: Lakeland Airport prepares for bids on facilities in Amazon lease agreement

This week, the city government of Lakeland, Florida, announced via Twitter that it is moving forward in its plans to rehabilitate an air cargo facility at Lakeland Linder International Airport (LAL) as part of its major lease agreement with Amazon. In the twitter statement, the government said that the runway rehabilitation project will be ready to open for bids by August.  City officials approved Amazon’s proposal to invest $100 million […]

• Brianne Ledda
• July 19, 2019

Temasek-backed SATS plunges on macro headwinds, Jet Airways

Singapore airline services provider, SATS Ltd., plunged after it reported a drop in earnings due to global macro headwinds and suspension of an Indian airline. Shares of SATS plunged as much as 5.6% on Friday, the most in nearly seven years. The provider of in-flight meals and ground-handling services, considered a bellwether of global economy, […]

• Bloomberg News
• July 19, 2019

Forwarder EFL commits to Pittsburgh as airport angles for JFK and ORD flights 

Today, Sri-Lanka based freight forwarder EFL announced that it will base its North American Cargo Distribution Center at Pittsburgh International Airport (PIT).    An expanding forwarder presence at the airport is good news for PIT as the airport seeks to leverage its geographic location between the Midwest and Northeast to attract cargo flows currently moving through major hubs like Chicago (ORD) and […]

• Chelsea Toczauer
• July 18, 2019

Sluggish demand from high-yield cargo verticals hits Panalpina in 1H19 

Swiss  forwarding giant Panalpina reported airfreight volumes up 5% year-over-year to 512,000 tonnes for the first half of 2019 as recent acquisitions began to boost turnover.   Despite the higher overall volumes for the first half of the year, airfreight gross profit was 5% lower at US$342 million (CHF 337.2 million), which, Panalpina blamed on lower demand from high-yield verticals, such as automotive. As a result, earnings before interest and taxes (EBIT) for airfreight dropped 28% […]

• Brianne Ledda
• July 18, 2019

YTO Cargo Airlines launches new routes to Philippines, Uzbekistan

Earlier this week, YTO Cargo Airlines expanded its network with the launch of two new routes to Tashkent International Airport (TAS) in Uzbekistan and Manila International Airport (MNL) in the Philippines.   YTO will utilize a B737F to operate the first route connecting Western China’s Ürümqi International Airport (URC) to Uzbekistan’s Tashkent International Airport (TAS) that the carrier first flew earlier this week, on July 15. According to YTO, […]

• Brianne Ledda
• July 18, 2019

Declines dominate Asian carriers’ June traffic reports 

Several Asia-based carriers reported year-over-year declines in their traffic for the month of June. Taiwan-based EVA Air and China Airlines both saw significant declines, while China-based China Southern Airlines and Air China also reported lower numbers compared to the year prior, but with less impact on their change in cumulative traffic for the first half of […]

• Chelsea Toczauer
• July 17, 2019

Cargolux Italia adds connection between Milan and Incheon

Cargolux Italia, the Cargolux Airlines subsidiary, launched a new route between Malpensa International Airport (MXP) in Milan, Italy, and Incheon International Airport (ICN) in Seoul, South Korea, yesterday.  The twice-weekly service will depart from MXP on Tuesdays and Sundays. Cargolux expects that the freighters operating the route will primarily transport fashion goods, luxury cars, pharmaceuticals, machineries and perishable goods.  CEO Fabrizio Cortese noted in […]

• Brianne Ledda
• July 17, 2019

DHL Supply Chain launches smart warehouse in Singapore

DHL Supply Chain recently launched a smart warehouse for international food packaging and processing company Tetra Pak in Singapore. The warehouse integrates internet of things (IoT) technology with data analytics to constantly monitor and maintain the conditions of perishable goods.   The combination of big data and IoT technology allows Tetra Pak to troubleshoot problems in real time. For instance, warehouse supervisors […]

• Brianne Ledda
• July 17, 2019

Air Canada Cargo selects Ultramar Cargo as new handler in Chile

Air Canada Cargo switched ground handlers to Ultramar Cargo at Santiago Airport (SCL) earlier this month to fit changing needs, General Manager Rene Rojas told Air Cargo World.  The carrier will continue to offer outgoing shipments the same services that it previously did, including AC Cool Chain, AC DGR, AC Live and AC Secure – temperature-controlled facilities, safe transport for dangerous goods, animal transport and secure transport […]

• Brianne Ledda
• July 17, 2019

European carriers report mixed results for June

In the first look at European carrier results for June, mixed results indicate ongoing concerns over protectionist policies on global trade are justified. Both Lufthansa Group and Air France-KLM reported year-over-year declines in cargo traffic, while International Airlines Group’s June performance was mostly flat with 2018. Only Turkish Cargo reported significant growth for the month. […]

• Caryn Livingston
• July 16, 2019

Qatar Airways Cargo adds Singapore to freighter route 

Today, Qatar Airways Cargo announced the addition of Singapore as a new destination on its trans–Pacific freighter route.  Qatar Airways Cargo’s twice-weekly 777F flights on Tuesdays and Saturdays traverse the Pacific along a route stopping at destinations from Chicago (ORD)-Singapore (SIN)-Macau (MFM)-Los Angeles (LAX)-Mexico City (MEX)-Guadalajara (GDL)-Liège (LGG)-Doha (DOH). The carrier offers over 100 tonnes of cargo capacity […]

• Chelsea Toczauer
• July 16, 2019

Cargo Insights: Forwarders face stiff tech, regulatory and economic headwinds

Extinction is often triggered by a change in environmental conditions, which causes species with insufficient adaptive characteristics to perish. Forwarders continue to face a complex environment of changing regulatory requirements, shifts in trade, competitive technology demands and stiff economic headwinds. The challenging nature of the business has left many experts wondering if forwarders can adapt, […]

• Brandon Fried
• July 16, 2019