AirBridgeCargo’s executive president Denis Ilin resigns

On the same day that Richard Forson is to take over the reins of Cargolux after CEO Dirk Reich suddenly stepped down, the all-cargo carrier world was rocked again this morning as AirBridgeCargo’s announced that executive president Denis Ilin has resigned after three years on the job, “in accordance with mutual agreements,” the Russian carrier […]

Asian cargo numbers up for June after weak 2016 start

Preliminary June traffic figures from the Association of Asia Pacific Airlines (AAPA) provided a rare bright spot in an otherwise dour few weeks of reports. Air cargo demand among Asian carriers last month saw modest growth for the first time since the start of the year, growing by 4.1 percent, year-over-year, measured in freight tonne […]

DHL opens new Chicago service center

DHL has expanded its operations in Chicago, opening a US$1.3 million service center facility to meet “heavy demand” for international e-commerce growth from local businesses in the state of Illinois. The new center, the company said, will handle a variety of shipments, including international small parcels, palletized shipments and container freight. At 38,000 square feet, […]

DP-DHL looks to cross-border investment for e-commerce growth

One would be hard-pressed to name a market expanding more rapidly than cross-border e-commerce, and today Deutsche Post DHL Group’s Post – eCommerce- Parcel unit has unveiled its strategy to construct six new distribution centers and expand two existing centers in the United States to leverage this growing market. By 2020, the value of cross-border […]

Air France-KLM Cargo still posting losses in first half of 2016

It’s been a year already scarred with bad economic and political news in France and much of Western Europe, and it has so far been reflected in the first-half figures from Air France-KLM Cargo, which saw freight volumes fall 6.5 percent to 558,000 tonnes, year-over-year. Cargo revenues for the first six months of the years […]

Airfreight posts modest gains at DB Schenker

Today’s preliminary half-year 2016 numbers from Deutche Bahn AG, parent company of DB Schenker, put the German transportation company just ahead of it’s position last year, up 0.2 percent, year-over-year, increasing adjusted revenue by US$36.27 million to reach $22.01 billion for the first six months of the year. Air freight registered a 0.9 percent increase, […]

Amerijet bought out by N.Y.-based private equity firm

ZS Fund LP, a New York-based private equity firm, has acquired Amerijet Holdings and its subsidiaries – Amerijet International, Inc., and ITN Worldwide. In conjunction with the acquisition, Amerijet CEO Dave Bassett is retiring and Vic Karjian, former chairman of Swiss carrier Farnair and co-founder and CEO of Falcon Aviation Group, is coming on board. […]

DHL Global Forwarding inks three-year deal with Ambatovy

DHL Global Forwarding (DHL-GF) has entered into an initial three-year global freight forwarding agreement with Madagascar-based mining conglomerate Ambatovy. The deal entails two contracts for the provision of on-shore and off-shore services by DHL-GF. On-shore, DHL-GF is responsible for handling import customs clearance for airfreight shipments of mining spare parts into Madagascar. The air- and […]

New U.S.-Mexico aviation agreement to start Aug. 21

The United States and Mexico exchanged diplomatic notes late last week to bring into force the new Air Transport Agreement, which the U.S. Department of Transportation (DOT) anticipates will “significantly increase future trade and travel” between the two countries. The deal, set to go into effect on Aug. 21, will open up new routes between […]

DHL to deliver from smartphone to Smart cars in Germany

Starting this September, Smart car owners in Stuttgart will be able to use their cars as mobile addresses for DHL deliveries. Shortly thereafter, the partnership will be expanded to other German cites, such as Bonn, Berlin and Cologne. The joint delivery experiment uses smartphones, with the car owner and DHL courier communicating with specially designed […]

Ultimate Air operates South Sudan evac flights

As fighting broke out earlier this month in the new country of South Sudan, several air cargo carriers have stepped up to help evacuate civilians and bringing needed supplies and personnel to the capital city of Juba during the hostilities. While commercial flights into and out of the country were halted after violence flared up […]

Lufthansa Cargo brings back deferred shipments

In another sign that the air cargo overcapacity issue is creating havoc among legacy carriers, Lufthansa Cargo is bringing back the concept of deferred products – this time in the form of td.Basic, a new online offering for standard air cargo that puts the carrier, “on the offensive in the highly competitive air cargo market.” […]

Panalpina posts flat profits in post-oil market

Long-term low oil prices are forcing Panalpina to restructure and pivot towards other sectors in search of cargo, the 3PL said in its report on first-half results for 2016, which were mostly lackluster Panalpina announced a gross profit of US$745.8 million for the first half of 2016, which CEO Peter Ulber noted was relatively flat, […]

Strong June not enough to offset sluggish 2016 for Cathay

A strong June, in which Cathay Pacific Airlines reported cargo volume up 7.1 percent, year-over-year, was not sufficient to offset sluggish business in the previous five months of 2016, during which time revenue tonne kilometers (RTKs) fell 2.3 percent. Cathay’s cargo load factor rose by 1.6 percentage points to 64.3 in June. However, the carrier […]
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