Xeneta to expand maritime benchmarking platform into airfreight market

Ocean freight rates benchmarking and market intelligence platform Xeneta plans to expand its price reporting product into the airfreight market, with Xeneta CEO Patrik Berglund saying that “real-time intelligence, understanding and visibility,” were the key to tackling market volatility. Xeneta gathers the real-time global shipping data from a community of over 700 businesses, covering more […]
  • Lewis King
  • December 14, 2017

UPS returns to normal deliveries after cyber week delays

UPS said yesterday that it has returned to normal delivery time-in-transit after a cyber week surge exceeded expectations, causing delays across its U.S. network. UPS expects to deliver about 750 million packages this holiday season – about 40 million more than the 712 million packages the Atlanta-based integrator delivered during the 2016 holiday season. Black […]
  • Lewis King
  • December 14, 2017

Amazon launches ‘Global Market Place’ in UAE through Souq.com acquisition

Earlier this year, an e-commerce arms race in one of the Middle East’s most lucrative markets pitted United Arab Emirates (UAE)-based property holding company Emaar against Amazon, in a competition for the region’s largest online retailer, Souq.com. Hundreds of millions of dollars later, Amazon won, and yesterday, Souq.com announced the launch of “Amazon Global Store” […]
  • Lewis King
  • December 12, 2017

Freightos: airfreight capacity crunch in Europe pushes shippers to ocean

Airfreight in Europe reached full capacity two weeks ago, online pricing platform Freightos reported last week. High spot airfreight rates in the subsequent weeks have been high enough to motivate shippers to reconsider ocean shipping as a viable option. In addition to seasonally tight capacity affecting domestic and international freight shipments in the United States and […]
  • Caryn Livingston
  • December 11, 2017

DHL ‘Innovation Day’ winners introduce new logistics tech

At Deutsche Post-DHL’s 2017 “Innovation Day” at its Bonn, Germany, Innovation Center, the winners of a series of technology “challenges” introduced new products, including autonomous warehouse robots, an online platform for package drop-offs and an internet of things (IoT) approach to online shopping, among other new logistics offerings. As the winner of the Robotics Challenge, […]
  • Caryn Livingston
  • December 8, 2017

Automation must always come with a human touch

Technology’s imprint on our industry over the past 50 years has enabled profound automation advances that are likely to continue their march of progress over the decades to come. Whereas in the past we saw technology as a tool to accomplish a task, many now see automation as an end unto itself, but this may […]
  • Brandon Fried
  • December 7, 2017

Logistics Reinvented: 3 air cargo executives to watch in 2018

At times like these, with air cargo demand flying high and e-commerce growing with no end in sight, it might be tempting for some logistics companies to ease up on the gas and enjoy coasting while the momentum is strong. Not so for the three air cargo executives profiled here. Though they vary widely in […]
  • Staff Reports
  • December 6, 2017

DSV’s Andersen says growth from UTi acquisition has outperformed expectations

It can take some time for all the pieces to click into place when you’re trying to build something worthwhile, but more than two years after Danish freight-forwarder DSV agreed to acquire U.S.-based UTi Worldwide, DSV is already realizing the benefits of the acquisition. During the forwarder’s third quarter earnings call, CEO Jens Bjørn Andersen […]
  • Caryn Livingston
  • December 5, 2017

DHL takes delivery of first A330-300 P2F in time for holiday surge

There’s been a flurry of aircraft-related news from the integrators’ corner of the airfreight industry in the last few days and, not to be left out, DHL Express said that it has taken delivery of the first A330-300 Passenger-to-Freighter (P2F) converted aircraft from Elbe Flugzeugwerke (EFW). DHL Express is the first A330-300 P2F customer. The […]
  • Lewis King
  • December 5, 2017

Freightos warns of airfreight rate jump as Europe reaches capacity

After airfreight in Europe reached its capacity last week for the first time in at least 10 years, online freight pricing platform Freightos cautioned that some shippers that don’t already have agreements in place will have to pay “sky-high air rates” to get their shipments loaded. Freightos WebCargo’s CEO, Manel Galindo, added that the capacity […]
  • Caryn Livingston
  • December 5, 2017

Air Cargo Executive of the Year: Peter Gerber stays one move ahead

In the game of chess, the key to victory is the ability to stay several moves ahead of your opponent. With proper planning, an adroit chess player who may seem to be backed into a corner can make the precise moves to flip the momentum of the game. By the third quarter of 2016, Lufthansa […]
  • Randy Woods
  • December 4, 2017

5 ways that this year’s ‘Cyber Monday’ shook up logistics

It’s been a full week since ‘Cyber Monday’ came around on the calendar, once again netting record-breaking online sales. E-commerce retailers slashed prices and more shoppers than ever avoided the usual bedlam of brick-and-mortar stores, opting instead to shop online. But on the logistics side of the coin, last week was frenetic, with warehousing and […]
  • Lewis King
  • December 4, 2017

Top 4 forwarders that may be ripe for M&A activity in 2018

Although mergers and acquisitions (M&A) in the 3PL community so far in 2017 were not quite as numerous as they were in 2016, many airfreight industry analysts say the current boom times for air cargo should make 2018 another banner year for consolidation in the still fragmented freight forwarding business. Just two months ago the […]
  • Randy Woods
  • November 30, 2017

3 Execs to Watch: Zhao Fengsheng says it’s a good time to be big

As 2017 ends, memories of a weak air cargo market – the norm in 2015 and much of 2016 – continue to fade into the past. With an upbeat market demanding the speed of airfreight, more cargo than ever is making its way onto airplanes, and the Chinese market is no exception; in fact, it’s […]
  • Charles Kauffman
  • November 30, 2017
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