FedEx Express acquires express division of Israel-based 3PL

This week, FedEx Express said it is procuring the international express business of Israel-based 3PL, Flying Cargo Group (FC), after almost 30 years of cooperation between the companies. Bert Nappier, president of FedEx Express Europe and CEO of Israel-based forwarding company TNT, said the acquisition will leverage the firms’ long-time relationship to offer customers “a […]
  • Nina Chamlou
  • January 16, 2019

UPS Strategic Enterprise Fund invests in blockchain-based Inxeption platform

UPS has made an equity investment in a block-chain-based e-commerce platform startup, called Inxeption Corp., via its UPS Strategic Enterprise Fund. While financial details were not released, the investment will be used to develop e-commerce services for B2B sellers and buyers. Calling the investment partnership “the future of commerce,” Inxeption CEO and co-founder, Farzad Dibachi, […]
  • Randy Woods
  • January 16, 2019

8 executive moves that will impact air cargo in 2019

It’s a new dawn, it’s a new day… It’s a new CEO? Now that 2019 has arrived, Air Cargo World is looking back one more time to see which of the recent executive moves in 2018 will likely have the greatest impact on the transformation of airfreight logistics in the new year. While some of […]
  • Randy Woods
  • January 4, 2019

FedEx drops plans to serve Cuba, citing chilled U.S. relations

In another sign of cooling relations between the United States and Cuba, FedEx Corp. said yesterday that it will no longer pursue scheduled cargo service to the Caribbean island nation, ending a more-than-two-year effort to establish overnight courier service to the former Cold War adversary. According to Bloomberg, FedEx issued a statement on Wednesday, saying […]
  • Randy Woods
  • January 3, 2019

The top 10 most-read Air Cargo World articles in 2018

With 2019 just a few days away, we at Air Cargo World would like to pause to reflect on this mostly positive but tumultuous year in air cargo – a year of airfreight traffic booms, labor concerns and a strong peak season, tempered by the chill winds of global protectionism and looming Brexit worries for […]
  • Randy Woods
  • December 28, 2018

Søren Graversen, Michael Steen join Cargo Facts EMEA speaker faculty

With just a few weeks to go before Cargo Facts EMEA begins, Søren Graversen, CEO of Star Air A/S, and Michael Steen, executive vice president and chief commercial officer of Atlas Air, have joined the speaker faculty. Cargo Facts EMEA 2019, the first innovation-focused event presented by our sister publication, Cargo Facts, will be held […]
  • Nina Chamlou
  • December 28, 2018

Freighter race heats up during holiday cool-down

Today, as Air Cargo World pauses to celebrate the season with families and other loved ones, and supply-chain stakeholders breathe sighs of relief after the last of the Christmas packages complete their final-mile deliveries, it appears that the freighter market is just getting warmed up. As reported yesterday in our sister publication, Cargo Facts, China-based […]
  • Randy Woods
  • December 25, 2018

Amazon Air fleet to expand to 50 freighters

Amazon agreed to lease ten additional freighter-converted 767-300Fs from Air Transport Services Group (ATSG) over the next two years to support the growth of its dedicated freighter network, the e-commerce giant announced today. The aircraft will be leased by ATSG’s leasing subsidiary, Cargo Aircraft Management (CAM), and operated on Amazon’s behalf by an ATSG affiliate carrier […]
  • Charles Kauffman
  • December 21, 2018

FedEx’s David Cunningham to retire, be replaced by Raj Subramaniam

Today, FedEx Express, the air carrier subsidiary of FedEx Corp., said its president and CEO, David Cunningham (pictured at right), will retire from the company after 36 years of service. He will finish the year in his current role and, on Dec. 31, 2018, will be replaced by Raj Subramaniam, executive vice president, chief marketing […]
  • Nina Chamlou
  • December 7, 2018

Belgium-Alibaba deal will introduce European SMEs to Cainiao Network

In a memorandum of understanding (MOU) between the Belgian government and Alibaba signed yesterday, the two parties agreed to promote  cross-border e-commerce trade between China and Europe by bringing Alibaba’s Electronic World Trade Platform (“eWTP”) to Belgium. Trade promotion is expected to herald a major expansion of Alibaba’s Cainiao Network in Europe with a new […]
  • Randy Woods
  • December 6, 2018

Could expanding Amazon Air fleet pose challenge to FedEx, UPS?

According to a research note released this morning from Morgan Stanley, the consensus view in the e-commerce business is that Amazon is likely to continue expanding its freighter fleet beyond the fortieth 767-300F delivered last month. Amazon has made substantial investments in developing its last-mile delivery capabilities in the US and elsewhere, and 2018 has seen […]
  • Randy Woods
  • December 4, 2018

DHL Express delivers holiday cheer to U.S. troops overseas

For the fifteenth year in a row, DHL Express is delivering hundreds of fresh-cut Christmas trees, Hanukkah menorahs, holiday decorations, letters, and gifts to American military personnel stationed abroad. The logistics company’s massive Operation Holiday Cheer haul, organized in partnership with Long Island Nursery and other New York organizations, will arrive at U.S. military bases […]
  • Chelsea Toczauer
  • December 4, 2018

The Ace of Amazon Air: Sarah Rhoads is the Air Cargo Executive of the Year

The flight deck of the U.S.S. Nimitz aircraft carrier measures a little more than 2.5 hectares. That may seem like a vast area to a person standing on the deck, but from the vantage point of a fighter aircraft, approaching at about 135 knots, the landing strip can look like a mere speck on an […]
  • Randy Woods
  • December 3, 2018

Early 2018 holiday shopping breaks peak season records

Following on the heels of China’s 11.11 shopping holiday, numbers are out for Black Friday and Cyber Monday. American shoppers kicked off the start of the shopping season in the United States, spending US$24.2 billion shopping online — 23 percent more than what they spent over the same five days in 2017. American consumers spent […]
  • Chelsea Toczauer
  • November 30, 2018
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