K+N airfreight volumes take off in first nine months of 2017

During the first nine months of the year, Swiss logistics company Kuehne + Nagel (K+N) saw its airfreight volumes rise by more than 180,000 tonnes for an increase of 19 percent. Most of K+N’s growth was driven by specialized cargo including pharmaceutical, high-tech, automotive and perishables. The logistics company has been quick to integrate its […]
  • Caryn Livingston
  • October 16, 2017

Aeroterm to open new cargo facility at Edmonton this week

Canada’s Edmonton International Airport (EIA) is well on its way to logging seven years of consecutive growth, with Aeroterm set to open a new $10 million, 50,000 square foot, multi-use cargo facility in EIA’s Cargo Village on Friday, October 20. Adjacent to freight companies such as Purolator, DHL and Cargojet, this latest edition represents a […]
  • Lewis King
  • October 16, 2017

IBS Software wins contract to manage Etihad online cargo ops

Abu Dhabi-based Etihad Airways awarded a multi-year contract to IBS Software for the management of its cargo sales and operations through IBS Software’s iCargo product. Under the contract, iCargo will automate Etihad Cargo’s network-wide booking, pricing and capacity management operations and perform real-time revenue management, and shipment status and quality management monitoring. “We are also […]
  • Caryn Livingston
  • October 16, 2017

FedEx chooses project44 tech to connect shippers with truckers and 3PLs

FedEx has started using application programming interfaces (API) from logistics software provider project44, to connect its less-than-truckload (LTL) division to shippers and third-party logistics providers (3PLs). The deal means that project44 subscribers now have access to real-time data from the largest LTL trucking operation in the country, which, in turn, means increased rate quote accuracy, […]
  • Lewis King
  • October 16, 2017

Qatar Cargo boss Uli Ogiermann to resign in December

Qatar Cargo boss Uli Ogiermann announced today that he will step down in December, after piloting the Gulf-based carrier’s cargo department into the world’s third-largest airfreight operation, according to IATA, and leaving the carrier on an indisputably high note. He assumed the role of Qatar Cargo’s chief cargo officer in 2012. While Qatar Cargo has […]
  • Lewis King
  • October 13, 2017

WCA seals deal to acquire majority interest in EGLN

Freight forwarding network WCA has agreed to acquire a majority ownership interest in its rival freight and logistics network, ELITE Global Logistics Network (EGLN), in a deal that will combine the networks’ programs and benefits. The agreement will officially begin on Jan. 1, 2018, and Roy Stapleton will continue as EGLN president in charge of […]
  • Caryn Livingston
  • October 13, 2017

Unisys says we’re only in the opening act of e-commerce disruption

According to logistics IT company Unisys, we are only seeing the opening act of the e-commerce effect. A report released by the company this week claims that the global air cargo industry will transform by 2020 through “even smarter” warehouses, as companies across the supply chain rush to capitalize on the e-commerce boom. One novel […]
  • Lewis King
  • October 13, 2017

BRU picks up four weekly Singapore Airlines freighter flights from crowded AMS

Breaking with recent overall industry growth in cargo volumes compared with 2016, cargo traffic at Brussels Airport (BRU) fell by 1.1 percent, year-over-year, in September, but the airport expects the decrease to be partially offset by the addition of new Singapore Airlines Cargo freighter flights that had been flying through Amsterdam. Four of Singapore Airlines’ […]
  • Caryn Livingston
  • October 13, 2017

Qatar Cargo U.S. freighter connectivity grows to 13 with Pittsburgh stop

A Qatar Airways Cargo 777 freighter touched town at Pittsburgh International Airport (PIT) yesterday, kicking off the first scheduled freighter route through the airport. The twice-weekly scheduled freighter service takes off from Doha on Wednesdays and Saturdays with stops at Luxembourg and Atlanta, Georgia, before arriving in Pittsburgh. “This global air freight connectivity positions Pittsburgh […]
  • Lewis King
  • October 13, 2017

China Southern, Air France-KLM poised to enact sweeping cargo cooperation

China Southern Airlines Cargo (CZ) and Air France-KLM-Martinair Cargo (AFKLM) are poised to put two years of planning into effect, linking the carriers’ respective route networks and enabling them to offer expanded cargo services to their respective customers. In 2015, the two carriers signed an initial memorandum of understanding (MoU), setting the stage for more […]
  • Lewis King
  • October 12, 2017

IAG Cargo to launch tenth Cargo Connector outpost in the U.S. this month

IAG Cargo said it will begin a trial run of its Cargo Connector service at Washington Dulles Airport (IAD), starting this month. Cargo Connector is an export collection and import delivery service that takes shipments directly from the aircraft and delivers them to the forwarders’ handling facilities. Five years after the launch of IAG Cargo’s […]
  • Lewis King
  • October 12, 2017

GECAS acquires 747-8 on lease to AirBridgeCargo

GE Capital Aviation Services (GECAS) added a 747-8 freighter to its fleet through an acquisition from Boeing’s aircraft leasing unit, Boeing Capital Corp. The aircraft was on lease to Moscow-based AirBridgeCargo as the fifth 747-8F of 20 aircraft that ABC’s parent, Volga-Dnepr Group, agreed to take delivery of, according to the terms of a 2015 […]
  • Caryn Livingston
  • October 12, 2017

IATA financial health check-up: High load factors, mixed profit margins

In its September report of the Airlines Financial Monitor, the International Air Transport Association (IATA) highlighted several indicators of financial health for global airlines – most notably that profit margins for European and Latin American airlines widened, that seasonally adjusted load factors for airfreight hit a three-year high in August, and that oil prices are […]
  • Caryn Livingston
  • October 12, 2017
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