SIA Cargo’s reintegration pays off as cargo revenues surge in first half

SIA Cargo’s reintegration into parent company Singapore Airlines seems to have reversed the steep losses at the Singaporean cargo carrier. Just-posted half-year operating profits of US$23 million represent a $56.5 million, year-over-year, increase. Total cargo revenues for the first half of FY 2017-18 were also up $90 million on higher freight carriage (up by 6.1 […]
  • Lewis King
  • November 8, 2017

UPS throws weight behind setting blockchain standards for freight industry

UPS, and its subsidiary Coyote Logistics, have joined the Blockchain in Trucking Alliance (BiTA), throwing their considerable weight behind the development of blockchain technology standards and education for the freight industry. Before blockchain becomes a standard industry tool, the logistics industry will have to adopt standards and protocols to enable blockchain platforms to operate together […]
  • Lewis King
  • November 7, 2017

AEI racks up orders for CRJ200 conversions with Pinnacle Partners

With a contract for two more conversions signed last week, Aeronautical Engineers, Inc.’s (AEI) CRJ200 SF freighter conversion program is well on its way to proving market demand for its 6.7-tonne cargo capacity, jet-speed, long-range delivery option. The customer, Pinnacle Partners, provides fleet expansion and reduction services, and said it regards the CRJ200 freighter as […]
  • Lewis King
  • November 7, 2017

JD.com readies drones, data, crowdsourcing apps for Singles Day surge

The e-commerce event known as “Singles Day” in China has broken commercial records ever since online retailers in the world’s largest e-commerce market started selling retail therapy to the country’s single – and eventually partnered – population. Last year, Alibaba sold more than US$1 billion worth of goods in the first five minutes of sales. […]
  • Lewis King
  • November 6, 2017

AF-KLM says third-quarter cargo gains are evidence of ‘cargo turnaround’

Air France-KLM’s self-described “cargo turnaround” seems to have finally pushed the carrier’s third-quarter results back into the black, with total cargo revenues up 1.2 percent to €493 million. Across a longer timeline however, year-to-date cargo statistics at the carrier still indicate an airline that has struggled to match the recovery rates of its regional counterparts, […]
  • Lewis King
  • November 6, 2017

Turkish Cargo adds two more QEP-accredited stations to roster

Turkish Cargo added two more QEP-accredited Envirotainer stations as part of the carrier’s strategy to attract more high-value pharmaceutical traffic, which chief cargo officer Turhan Ozen said, “addresses decreasing yields in the industry.” The two stations, Brussels and Atlanta, extend Turkish Cargo’s pharmaceutical transportation service in important pharma markets. The Istanbul-based cargo carrier seems to […]
  • Lewis King
  • November 3, 2017

FedEx braces for unprecedented holiday volumes as e-commerce sales surge

FedEx expects to handle between 380 million and 400 million packages this holiday season, positioning the Memphis-based integrator at the epicenter of yet another record-breaking holiday season in 2017. Citing “changing market dynamics related to the growth of e-commerce,” FedEx said it expects the highest surges in demand to occur on Mondays, more than doubling […]
  • Lewis King
  • November 3, 2017

Former IATA cargo boss Vertannes joins airfreight IT pioneer e-Cargoware

TIACA Hall-of-Famer and airfreight veteran Des Vertannes has signed on as non-executive chairman for airfreight IT firm e-Cargoware, establishing IATA’s former head of cargo in the boardroom of a company whose stated mission is to, “disrupt the cargo Industry and replace legacy solutions.” Vertannes’ new role allows him to continue promoting IATA’s crusade against legacy […]
  • Lewis King
  • November 3, 2017

British forwarders demand ‘action, not words’ as Heathrow congestion worsens

Congestion at the Heathrow Airport’s cargo center has gotten so bad that local police are now turning away vehicles, prompting complaints from U.K.-based forwarders that they are “enduring misery on a daily basis,” according to Robert Keen, the British International Freight Association’s (BIFA) director general. In a letter published today on BIFA’s website, Keen said […]
  • Lewis King
  • November 2, 2017

Cargo puts Fraport on track to meet 5 percent growth targets for 2017

Fraport’s executive board chairman Stefan Schulte said that, based on performance over the first nine months of the year, the airport operator is “absolutely on course to achieve our annual targets.” The company expects to meet its 5 percent growth target for 2017, in part, due to a strong increase in cargo volumes, up 5.1 […]
  • Lewis King
  • November 2, 2017

New deltacargo.com rolls out end-to-end tracking for shippers

Delta Cargo launched its re-designed website, deltacargo.com, bolstering its one-stop-shop shipping that makes the carrier an easy-to-use proposition for both new customers, including freight forwarders and shippers, as well as streamlining shipping for existing customers. “This new website provides complete end-to-end digital booking, acceptance and tracking, 24/7, on laptops and mobile devices anywhere in the […]
  • Lewis King
  • November 1, 2017

UPS to expand in Colorado with package facility in time for peak

UPS is expanding in the Denver region again, with the construction of a US$90 million package distribution facility that the company says will be operational this year, in time for the holiday shipping season. Kenneth Cherry, president of the UPS Desert Mountain district, said that the expansion was required to meet the, “rapid expansion of […]
  • Lewis King
  • November 1, 2017

E-commerce logistics startup ShipBob expands into Dallas region with new warehouse

E-commerce fulfillment startup ShipBob announced the opening of its newest warehouse in Dallas, the company’s first in the Southern United States, and the first since announcing a Series B investment of US$17.5 million, led by investment firm Bain Capital Ventures. ShipBob CEO Dhruv Saxena said that, “with so many e-commerce companies in the region, we’re […]
  • Lewis King
  • October 31, 2017

European shippers demand IATA act to defend freighter operations

The European Shippers Council (ESC) is warning that slot-allocation policies at major airports will “immediately hurt the rest of the supply chain, hamper the economic investment climate, and result in a loss of jobs” unless policies are changed to accommodate full freighter operations. For example, with freighter flights at Amsterdam Schiphol (AMS) facing a 20 […]
  • Lewis King
  • October 31, 2017
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