UPS expands international time-definite and urgent shipment delivery footprint

UPS has expanded the delivery footprint of its UPS Worldwide Express, UPS Express Plus and UPS Worldwide Express Freight time-definite and urgent shipment services across 40 countries. The move is intended to support guaranteed time and day-definite delivery for customers’ cross-border shipments to international markets. For its UPS Worldwide Express and UPS Express Plus, UPS has added over 3,200 postal codes across […]

PACTL to start up cross-border e-commerce handling center trial in December

Shanghai Pudong International Airport Cargo Terminal Co., Ltd. (PACTL), the largest handler at Shanghai Pudong Airport (PVG), is set to begin a trial of its new center for cross-border e-commerce handling later this month. Trial operations are expected to begin on Dec. 16, according to the handler’s website. The new handling center facility measures about […]

SF Airlines secures DOT approval for US-China operations

On Wednesday, the U.S. Department of Transportation approved an exemption request from Shenzhen-based SF Airlines to operate cargo service between the U.S. and China. SF initially requested the exemption on May 13, as reported by our sister publication, Cargo Facts. The carrier was seeking to operate a thrice-weekly scheduled service between Hangzhou (HGH) and New […]

Flipkart leads $60mn financing round in logistics platform Shadowfax

India’s e-commerce giant Flipkart has made a strategic minority investment in Indian logistics platform Shadowfax. The investment is part of $60 million Series D funding Shadowfax has received from Flipkart, along with existing investors Eight Roads Ventures, NGP Capital, Qualcomm Ventures, Mirae Asset Naver Fund and World Bank-backed International Finance Corporation (IFC). Shadowfax will use […]

Peak season’s weak October start may turn around, IATA reports

In line with reports from WorldACD, airports and carriers worldwide, the International Air Transport Association (IATA) released preliminary data for October indicating total industry wide cargo traffic, measured in freight tonne kilometers (FTKs), decreased by 3.5% year-over-year in October. While this is undoubtedly a slow start to the fourth quarter, IATA said nascent indicators may […]

Here’s what happens to markets If U.S. tariffs on China kick in 15 Dec.

BLOOMBERG – President Donald Trump’s latest missives on trade are a wake-up call to markets close to record highs that a major deadline is looming with China. The Dec. 15 flashpoint on tariffs was thrown into sharp relief Tuesday when Trump said he sees no urgency to complete a deal, right after he threatened an assortment […]

Despite trouble at pax airline, Hong Kong Air Cargo carrying on business as usual

While HNA Group affiliate Hong Kong Airlines is running into serious financial difficulties and is teetering on the verge of collapse, its dedicated airfreight subsidiary, Hong Kong Air Cargo, appears to be conducting business as usual. Hong Kong Air Cargo’s five A330-200Fs are currently all flying, operating services between Hong Kong (HKG) and destinations such […]

Airports report weak start to 4Q with mixed October volumes

Preliminary results for October airport volumes worldwide are out, indicating continued market weakness across the globe. While air cargo holds out hope for volumes to stabilize, the start of this year’s fourth quarter is not as positive as many would have hoped due to continued global trade tensions and political uncertainty. Regions posted mixed results […]

Strategies for thriving in a volatile market [Podcast]

More year-over-year declines in airfreight traffic and cargo handles for October served to cap off a difficult 2019 for global logistics. However, plenty of opportunities are still available for those operators that can pinpoint creative solutions to recent challenges. In this episode of On Air with Air Cargo World, we spoke with Alexandra Kleinschmidt, Vice […]

Liège Airport advances cargo op digitalization with Alibaba Cloud’s Aviation Brain

Liège Airport (LGG) has entered a partnership with the technology subsidiary of Chinese e-tail giant Alibaba, Alibaba Cloud, to leverage the tech giant’s “Aviation Brain” AI platforms across airport operations and handling procedures. The move is intended to strengthen the airport’s regional hub status through increased operational efficiency and improved digitalization of cargo operations. LGG’s use of the technology […]

CEVA posts mixed results for 3Q

Following the beginning of French seafreight firm CMA CGA’s governance over Swiss 3PL CEVA Logistics at the start of this year, the Swiss 3PL has seen mixed results in its financial figures. Earnings before interest, taxes, depreciation and amortization (EBITDA) for the CEVA Group increased significantly y-o-y to reach $125 million for the quarter period […]
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