Pilot Freight sets record for revenues in 2018

U.S.-based Pilot Freight Services took in a record-high US$800 million in revenue for 2018, an increase of 24.8 percent over the previous year, which the logistics firm attributed to a “broadened selection of e-commerce products” and an “expansion of global capabilities.” The chief event of the year for Pilot was the company was the July […]
  • Randy Woods
  • February 21, 2019

ABC inks short-term agreement with Jettainer for special cargo

AirBridgeCargo (ABC) has signed a leasing agreement with Jettainer on a short-term requirement that will grant the carrier access to the company’s fleet of ULDs – addressing demand for transportation of “special cargo,” such as live animals and automotive equipment. ABC said it experienced 25 percent growth in its volumes of special cargoes last year, […]
  • Nina Chamlou
  • February 19, 2019

Vietnam prepares for Long Thanh Airport construction

Yesterday, Vietnam’s Deputy Prime Minister, Trinh Dinh Dung, called for expeditious completion and submission of the Long Thanh International Airport Project feasibility report, so that it can be reviewed and approved during the Vietnamese National Assembly in October, allowing construction of the new airport to begin early next year.
  • Chelsea Toczauer
  • February 14, 2019

U.S. House committee considers bill to fund FAA during shutdowns

Today, the U.S. House Committee on Transportation and Infrastructure Subcommittee on Aviation held a hearing to discuss H.R. 1108, the proposed “Aviation Funding Stability Act of 2019” that would fund the Federal Aviation Administration (FAA) in the event of a partial government shutdown like the one ended late last month. The hearing examined how the […]
  • Chelsea Toczauer
  • February 13, 2019

Amazon tacitly admits in 10-K that integrators are now competitors

As Amazon continues its meteoric rise into the e-commerce stratosphere, the company’s relationship with the well-established integrators, like FedEx, UPS and DHL, have been relatively cordial, as Amazon has long relied on the express companies’ vast networks of last-mile options to deliver goods in a timely fashion. However, according to the latest annual Form 10-K […]
  • Randy Woods
  • February 7, 2019

Following the Pack: Reassessing often-overlooked cool-chain packaging

On Dec. 13, Southwest Airlines flight 3606 was 35,000 feet above Idaho en route from Seattle to Dallas when the captain announced to passengers that the plane was turning around and heading back to SeaTac – a measure that is only taken in the most critical of circumstances. In fact, the incident made headlines on […]
  • Nina Chamlou
  • February 6, 2019

CEVA’s preliminary results for 2018 point to future growth, reduced debt

Calling 2018 a year rocked by “structural changes” and activity to deleverage debt, CEVA Logistics AG released preliminary results on Monday for the year ended Dec. 31, 2018, suggesting that revenues grew during the year, albeit not quite as strongly as the revenues from the previous year. CEVA’s full 2018 results are not expected to […]
  • Randy Woods
  • February 5, 2019

C.H. Robinson’s Q4 profits rise, but perishables disappoint

C.H. Robinson, one of the largest North American freight companies, today reported strong growth in the fourth quarter of 2018 and the full year, but delivered disappointing results in its perishables segment. Overall revenue increased 4.5 percent, to US$4.1 billion in Q4, while net revenues rose 13 percent to $713.8 million, compared to the previous […]
  • Randy Woods
  • January 30, 2019

India pursues airfreight development, HYD announces plans to double capacity

Today, Indian authorities announced that Indian airport operator GMR Hyderabad International Airport Ltd. (GHIAL) – a joint venture company established between the GMR Group, Airports Authority of India (AAI), Government of Telangana and Malaysia Airports Holding Berhad – is in the process of doubling its cargo handling capacity at Hyderabad International Airport (HYD) over the […]
  • Chelsea Toczauer
  • January 29, 2019

Virgin Atlantic, Delta Cargo to move into dnata City East at LHR

Today, U.K.-based Virgin Atlantic Cargo and Atlanta-based Delta Cargo announced that both of the carriers, as part of their joint venture, will move into a new cargo facility housed within the dnata City East building at London Heathrow (LHR). The move into the facility, which will include modern technology and double the carriers’ space for […]
  • Chelsea Toczauer
  • January 17, 2019

Forwarders step up to prepare for ‘hard Brexit’

Following the rejection of United Kingdom Prime Minister Theresa May’s European Union withdrawal agreement, in a statement today the British International Freight Association (BIFA) recommended its members prepare for what it expects will be “a hard Brexit.” With the March 29 deadline for Brexit rapidly approaching, freight forwarders are facing the difficult fact that, in […]
  • Caryn Livingston
  • January 16, 2019

ABC reports 2 percent volume growth in 2018

Russia-based Volga-Dnepr Group’s all-cargo carrier, AirBridgeCargo Airlines (ABC) reported 2018 cargo volumes up two percent year-over-year, to just over 700,000 tonnes. Despite the lackluster growth overall,  AirBridgeCargo said higher-value specialty cargo volumes grew 25 percent y-o-y. While the marginal increase sounds slight compared to AirBridgeCargo’s double-digit growth rates of recent years, the figure isn’t far […]
  • Nina Chamlou
  • January 15, 2019

Lufthansa Cargo, Air France-KLM-Martinair squeak by with marginal growth in December

This week, two of Europe’s largest cargo carriers, Lufthansa Cargo and Air France-KLM-Martinair, released their results for December 2018, in which both saw increased traffic, despite an industry-wide plateau in peak-season demand – each reporting revenue-tonne-kilometer (RTK) growth of 0.4 percent and 1.4 percent, respectively. While the marginal increases are an achievement in themselves, in […]
  • Nina Chamlou
  • January 11, 2019

Volume at LHR decreases 8 percent in December, y-o-y

London Heathrow Airport (LHR) released its end-of-the-year results, kicking off a highly anticipated 2019 (read: the year the Brexit ax drops) with some similarly anxiety-inducing cargo traffic figures. Volume at LHR during December decreased 3.6 percent to 132,005 tonnes, year-over-year, and was essentially flat, growing just 0.1 percent for the whole year, to 1.66 million […]
  • Nina Chamlou
  • January 11, 2019
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