Lewis King

China’s manufacturing shift to boost airfreight demand at expense of maritime

The latest analysis from DHL says that a shift from manufacturing to services and consumption underway in China bodes well for airfreight, at the expense of seafreight. With medium-term demand for air freight expected to stay strong, DHL is now advising businesses to secure sufficient airfreight capacity in case there is a shortage. “With China’s […]

Walmart, Japanese e-commerce firm Ratuken make joint bid for online grocery market

A strategic alliance between Walmart and Rakuten, a Japanese e-commerce platform that is often referred to as, “the Amazon.com of Japan,” portends an epic battle of colossal e-commerce monsters across downtown Tokyo, as the Walmart- Rakuten alliance challenges Amazon.com, in a real-life faceoff of the behemoths. While the deal certainly sets the scene for an […]

FedEx advocates for NAFTA reform to facilitate cross-border e-commerce

With representatives from Mexico, Canada, and the United States currently meeting in Montreal for the sixth round of negotiations on the North American Free Trade Agreement (NAFTA) reforms, major differences remain, and the March deadline is approaching fast. With its sprawling transnational network predicated on free trade, FedEx is following the developments closely, especially regarding […]

Double-digit growth in cargo revenues boosts American Airlines’ 2017 profits

American Airlines (AA) announced a full-year net profit of US$1.9 billion, or $2.4 billion excluding net special items, for 2017, which the carrier concluded was, “a remarkable year.” While passenger operations were predictably robust, the fastest-growing segment was cargo, which registered a 14.4 percent, year-over-year, increase in revenues, to $800 million, driven by a 15 […]

American Airlines Cargo adding four more European destinations to network

Starting early in the second quarter, American Airlines (AA) is launching cargo services to new destinations across Europe. On May 4, the carrier will begin flights from Philadelphia (PHL) to Budapest, Hungary (BUD), and Prague, Czech Republic (PRG), as well as flights from Chicago O’Hare (ORD) to Venice, Italy (VCE). AA is also launching a […]

Lufthansa leads Series A funding for online freight platform Fleet

Lufthansa Cargo led a US$10 million Series A round of financing in Fleet, an online freight platform startup, with participation from investors, including Hunt Technology Ventures and UPS. Fleet is an online marketplace that matches customers’ demand for freight services with available capacity provided by logistics companies, offering an alternative to the conventional freight-forwarding model. […]

Virgin Atlantic deploys CSafe RAP containers for pharma, life-science cargo

Virgin Atlantic Cargo is now accepting bookings for the new CSafe RAP container for large shipments of pharmaceutical and life-science products. The carrier is the first U.K.-based airline to approve the use of CSafe’s new RAP container for temperature-sensitive healthcare products, just days after the European Aviation Safety Agency (EASA) approved the unit for use […]

Agility sets bullish logistics outlook for 2018

Kuwait-based 3PL Agility has published its “2018 Emerging Markets Logistics Index,” a sweeping overview that actually takes into consideration markets that are technically past the “emerging” designation, to provide a logistics outlook for the global economy. The report’s airfreight coverage confirms growth where most observers expected it to be, but also delivers a few surprises, […]

Turkish Cargo launches 777F Miami cargo flights

Turkish Cargo launched weekly freighter flights connecting Istanbul to Miami and Houston, both strategical cargo destinations for the Istanbul-based carrier. Turkish Cargo’s Miami/Houston cargo flights will utilize the carrier’s recently acquired 777-200Fs. The new freighter route connects Miami and Houston to 120 countries through more than 300 destinations with its Istanbul-Madrid-Miami departing flights and Miami-Houston-İstanbul […]

Schiphol rides out slot shortage to handle 1.75 million tonnes in 2017

Freighter slot space has been infamously tight at Amsterdam’s Schiphol Cargo in recent months, but the handling facility still reported an increase of 5.4 percent in 2017 airfreight volumes. The airport said that strong demand in the Far East for European goods boosted total cargo figures to 1.75 million tonnes. While annual imports from Asia […]

Agency approval of new CSafe RAP active container opens E.U. market

Cold-chain packaging manufacturer CSafe Global has received approval for its new CSafe RAP active container from the European Aviation Safety Agency (EASA), expanding its customer base in the pharmaceutical and life-sciences market, for companies shipping temperature-sensitive products globally. The EASA is an E.U. agency that regulates civilian aviation safety. The agency’s approval means that EASA-regulated […]
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