As logistics industry goes digital, is new technology a Trojan Horse?

How safe is your supply chain? According to logistics industry insurance provider TT Club, not enough attention is being paid to the frailty of global transportation systems when faced with cyber-attacks. Many logistics companies, the group said, are not only unaware of their security vulnerabilities from new technology, they are also largely ignorant of the […]
  • Lewis King
  • November 15, 2017

Still seeing red, but fundamentals improved in CEVA’s 3Q reporting

With CEVA Logistics allegedly on the hunt for a buyer, its positive third-quarter free cash flow of US$9 million, despite overall losses of $22 million, makes the Netherlands-based 3PL a far more attractive proposition than it was in Q3 of 2016, when free cash flow plunged $50 million into the red. In yet another signal […]
  • Lewis King
  • November 14, 2017

DHL expands Hong Kong hub as China market heats up

With last week’s 11/11 e-commerce holiday just the latest in a series of broken records for e-commerce volumes, companies are re-evaluating the scope of China’s market and positioning themselves for continued growth. Case in point: DHL Express announced a €335 million expansion of its Central Asia Hub (CAH) in Hong Kong, as the express shipper […]
  • Lewis King
  • November 14, 2017

UPS rallies behind U.S. Senate’s tax reform bill to slash corporate tax rate

UPS is publicly backing the latest version of the U.S. Senate’s tax reform bill, the “Tax Cuts and Jobs Act,” calling the draft, “a critical step in finding compromise on a tax structure that has not been updated in more than 30 years.” The Senate version, released last week after multiple delays, features a 15-percent-point […]
  • Lewis King
  • November 13, 2017

More dismal numbers from LATAM Cargo as RTKs slide

If there’s a “Latin America turnaround” happening, it sure didn’t manifest itself in LATAM Cargo’s books in the month of October, as the struggling cargo operator’s revenue tonne kilometers (RTKs) fell 2.9 percent, dragging the year-to-date total down to 1.5 percent. LATAM Cargo is also cutting capacity, with year-over-year available tonne kilometers down 3.9 percent […]
  • Lewis King
  • November 13, 2017

Natilus cargo drone closes second round of seed funding

Cargo drone startup Natilus announced that it has closed a second round of seed funding with investment from Starburst Ventures, Seraph Group, Gelt VC, Outpost Capital and Draper Associates. The funds will go towards “aggressively scaling,” in anticipation of the startup’s first Federal Aviation Administration-approved flight for its 30-foot prototype. The test flight is scheduled […]
  • Lewis King
  • November 13, 2017

DHL to break ground on ‘8-figure’ freight facility near Hanover Airport

European road-freight service provider DHL Freight is making “an eight-figure investment” in a new 7,800-square-meter freight hub at the Hanover Airport Business Park in Langenhagen, Germany. DHL Freight expects its investment to translate into improvements in LTL (less-than-truckload) and FTL (full-truck-load) transport. Groundbreaking is scheduled for the beginning of 2018. The investment is part of […]
  • Lewis King
  • November 13, 2017

Turkish Cargo racks up another bumper third quarter

Turkish Airlines Cargo has posted yet another round of impressive gains, growing cargo revenues by 38.3 percent, year-over-year, to US$343 million for the third-quarter. With three months to go, Turkish Cargo is already 27 percent ahead of last year’s totals in terms of cargo tonnage carried, at 810,000 tonnes. Over the first nine months, Turkish’s […]
  • Lewis King
  • November 10, 2017

DHL customers prefer root canals to late shipments

In DHL’s 2017 Holiday Survey, 27 percent of the integrator’s customers surveyed said that they would “rather get a root canal than have personal holiday shipments come late,” which suggests that some 27 percent of customers haven’t yet experienced the skull-splitting agony of the dentists’ drill burrowing into their molars. Regardless, there’s a lot of […]
  • Lewis King
  • November 10, 2017

EVA Air Cargo takes delivery of first 777 freighter

EVA Air Cargo took delivery of its first 777F yesterday and plans to put the new freighter in service on routes between Asia and North America later this month. The Taiwanese carrier ordered five 777 freighters from Boeing in 2015 and will take delivery of the remaining four by September 2019. As it adds the […]
  • Lewis King
  • November 9, 2017

Bolloré’s locker system beats brick-and-mortar Xbox One X deliveries

Bluedistrib, a subsidiary of Bolloré Logistics that operates a network of lockers across France, delivered the first Xbox One X video game system order placed via e-tailer Cdiscount’s website at midnight, allowing hardcore gamers to plug their consoles in eight hours before stores opened up in the country. As e-commerce garners a growing share of […]
  • Lewis King
  • November 9, 2017

Uli Ogiermann seizes opportunity from Qatar blockade crisis

Call it Uli’s “swan song.” On June 5, a Saudi-lead blockade threw Qatari businesses into turmoil, snarling supply chains and sending panicked residents flocking to grocery stores to snatch up dwindling supplies. Five months later, those same stores are brimming with produce, and Qatar’s national economy is humming along. But that outcome wasn’t always certain, […]
  • Lewis King
  • November 9, 2017

Virgin Australia daily Melbourne-Hong Kong route meets demand for cargo capacity

Virgin Australia will launch a daily Melbourne-to-Hong Kong service on Nov. 12 that the carrier says will accommodate growing demand for cargo capacity between Australia and China, driven by a combination of the peak season for perishables season, the growth of e-commerce and rising express freight business from Hong Kong. Virgin Atlantic’s regional sales manager, […]
  • Lewis King
  • November 9, 2017

Air New Zealand tracking technology delivers worldwide visibility [VIDEO]

New Zealand’s national carrier is installing more than 5,500 Bluetooth tags on its cargo containers, pallets and unit load devices (ULDs), as well as more than 100 readers at 29 airports for which it provides cargo services around the world. The technology is provided by Core Transport Technologies, which installs its low-energy Bluetooth devices into […]
  • Lewis King
  • November 8, 2017
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