China Eastern subsidiary, Eastern Air Logistics transferred to CEA Holdings

China Eastern Airlines completed its divestiture from its freight subsidiary, Eastern Air Logistics, on February 8, 2017, according to a filing by China Eastern Airlines on the Shanghai and Hong Kong Stock Exchanges.  In January, China Eastern Airlines shareholders gave their approval to separate the airline separation from its air freight and logistics subsidiary, Eastern […]
  • Lewis King
  • February 14, 2017

Alibaba scrambles to catch up on global cloud computing demand

Alibaba Cloud, the cloud computing arm of Alibaba Group, has more than doubled the capacity of its Hong Kong data center as demand for cloud services rises in the Asia Pacific region. With a US$204 billion market value in 2016, up more than 16 percent from the previous year, the global market for cloud services […]
  • Lewis King
  • February 13, 2017

FedEx Express opens new facility at Milan-Malpensa Airport

A little over a year since breaking ground in 2015, FedEx Express has opened its new “mini hub” in southern Europe at Milan-Malpensa Airport. In spite of its diminutive nickname, the facility is three times the size of the former FedEx facility, making it the company’s third-largest cargo hub in Europe, behind Paris CDG and Cologne. […]
  • Lewis King
  • February 10, 2017

LUG takes over Etihad’s Frankfurt, Munich cargo handling

Ground handler LUG aircargo will take over freight handling operations for Etihad at Munich this month, and will assume the carrier’s Frankfurt Airport operations in March. Etihad entered into a code-share agreement with Lufthansa between the same airports late last year, creating the potential for Lufthansa freight to move between Germany and Etihad’s Abu Dhabi […]
  • Lewis King
  • February 10, 2017

FedEx Fulfillment to challenge Amazon for SME e-commerce services

FedEx Supply Chain announced the launch of FedEx Fulfillment, a service designed to meet the shipping needs of small- and medium-sized enterprises (SMEs), and to challenge to Amazon’s dominance of the e-commerce sector. FedEx Fulfillment delivers orders across multiple channels, including websites and online marketplaces, and manages inventory for participating retailers. The new Fulfillment product […]
  • Lewis King
  • February 8, 2017

IATA’s Cargo iQ teams up with iRIX, Information Builders for Smart Data

IATA’s Cargo iQ announced that it is teaming up with iRIX Software Engineering and Information Builders on its Smart Data program. The collaboration covers the second part of a three-stage project, which Cargo iQ said will, “generate a broader scope of measurements, more information on specific milestones, and self-service member access to the group’s reporting […]
  • Lewis King
  • February 7, 2017

DHL: Cross-border e-commerce to grow at 25 percent through 2020

Cross-border e-commerce will increase at an annual average rate of 25 percent between 2015 and 2020 (from US$300 billion to $900 billion), according to research published last week by DHL Express. That rate is twice the pace of domestic e-commerce retailers and manufacturers in the six countries featured in the study, and underscores the importance […]
  • Lewis King
  • February 7, 2017

The shock of the new

As we age, it’s common to feel indifferent toward the new year. Once you’ve seen 40, 50 or 60 years go by, the need for champagne, confetti and Guy Lombardo music can seem like overkill. As U2’s Bono memorably sang more than 30 years ago, “Nothing changes on New Year’s Day.’ Not so for 2017. […]
  • Randy Woods
  • February 6, 2017

Where We Went Wrong – Part 1: The e-commerce revolution

Here’s an open secret: physical “brick and mortar” shops are closing as multitudes of shoppers flock to online retail sites, such as Amazon and Alibaba. In the stores that still remain, many of the consumers are “just looking,” but will make their purchases later on the web. Unlike general air cargo, which will likely clock […]
  • Stan Wraight
  • February 3, 2017

Made in Vietnam: Emerging logistics giant isn’t slowing down post-TPP

Electronics manufacturers in the central Vietnamese province of Quang Nam had been ramping up capacity since 2008, when the country joined 11 other nations in crafting the Trans-Pacific Partnership, or TPP. The free-trade agreement would be the largest ever conceived and promised to promote economic growth and launch Vietnam as a regional manufacturing and export […]
  • Lewis King
  • February 2, 2017

Freightos study: Will forwarders and IT ever get along?

The freight business is moving online, but not everyone is eager to get on board. The most recent annual “State of Online Logistics Sales 2016 Mystery Shopping Survey,” conducted by Freightos, found that large forwarders have made surprisingly little progress with their online freight booking platforms. “I think it’s time for this industry to catch […]
  • Charles Kauffman
  • February 2, 2017

Amazon to move Prime Air cargo hub to Cincinnati

When Amazon announced last year that it was entering directly into the air logistics business with the launch of Prime Air, the airfreight world knew that it had to prepare for bold moves by a deep-pocketed company with a passion for innovation. Yesterday, the Seattle-based online retail giant made another bold move by announcing the […]
  • Randy Woods
  • February 1, 2017

E-commerce challenges and opportunities in UPS’ fourth quarter

Take your pick: UPS reported either a quarter-billion dollar net loss or a one-and-a-half-billion dollar net profit for the fourth quarter of 2016. David Harris, editor of our sister publication Cargo Facts, breaks down this morning’s conflicted and rather sour quarterly report from one of the world’s biggest integrators and e-commerce carriers.
  • David Harris
  • January 31, 2017

ABX pilots’ strike lowers ATSG 2016 earnings

Air Transport Services Group (ATSG) announced that it expected fourth-quarter and full-year 2016 Adjusted EBITDA to be approximately US$7 million short of its previous guidance. The company blamed work stoppage in mid-November 2016, when pilots at its subsidiary ABX Air, which flies packages for and DHL Worldwide Express, went on strike. ATSG’s revised 2016 […]
  • Lewis King
  • January 27, 2017
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