Three to watch: Ilin taking AirBridgeCargo Airlines to new heights

Cargo carriers and forwarders alike probably wish they had had the year that AirBridgeCargo Airlines has had. With an 18 percent rise in tonnage in the first nine months of 2015, compared to 2014, and a 28 percent rise, year-over-year, in tonnage carried in September, the scheduled-freight arm of Russia-based Volga-Dnepr Group has continued to be […]
  • Staff Reports
  • December 1, 2015

Three to watch: Reich righting the ship at Cargolux

When Dirk Reich, a former executive with forwarder Kuehne + Nagel, was appointed president and CEO of Luxembourg- based cargo carrier Cargolux International in March 2014, the carrier was deeply riven by personnel changes, labor concerns over foreign investment ventures and the lingering stain of the surcharge price fixing scandal that toppled former CEO, Ulrich […]
  • Randy Woods
  • December 1, 2015

Three to watch: Musser steadying Expeditor’s helm

To build one of the most prosperous and fast-growing forwarding businesses in a competitive field is an impressive achievement. To continue that record of success after taking the reins from a charismatic and outspoken leader, following soon after one of the worst economic crises in history, is an altogether different – yet no less impressive […]
  • Randy Woods
  • December 1, 2015

Three to watch: Rising 3PL stars converge

The past 12 months have seen some of the highest levels of merger and acquisition activity (M&A) within the 3PL industry in at least the last 15 years. As of early November, Armstrong & Associates (A&A) tracked 11 mergers worth more than $100 million this year – the highest total since the consulting firm began […]
  • Randy Woods
  • December 1, 2015

Air Cargo Executives of the Year: FedEx’s Fred Smith & David Bronczek

In early April of this year, news broke from FedEx Corp. that raised a few eyebrows among cargo executives worldwide. The U.S.-based integrator had made a US$4.8 billion offer to buy struggling Dutch express firm TNT Express – the same TNT Express that was sought in a thwarted bid by arch-rival UPS, made just two […]
  • Randy Woods
  • December 1, 2015

Freight 50: Strategies for cargo carrier success

At the top of the heap UPS grew operating profits and expanded margins across all three segments: U.S. Domestic Package, In­ternational Package, and Supply Chain and Freight. “The International seg­ment set a new high in second quarter operating profit, rising more than 17 percent,” the company said. “In the In­ternational segment, we expect to see […]
  • Randy Woods
  • August 26, 2015

The Power 25 Forwarders of 2015

The larger you are, the harder it is to shove you aside. This basic fact of physics can be seen in The Power 25, Air Cargo World’s list of the top 25 largest freight forwarders in airfreight, based on tonnage last year. Many of the familiar brawny players – DHL Global Forwarding, Kuehne + Nagel, […]
  • Randy Woods
  • June 5, 2015

Power 25: Top forwarders find strength in integration

Size still matters For all the agility of the smaller players in the market, there is no denying the power of size. In fact, the 10 largest players in the forwarding business currently control 35 percent of the global market. Sitting atop the list, as usual, is DHL Supply Chain & Global Forwarding, with US$32.19 […]
  • Randy Woods
  • June 2, 2015

Many returning winners at ACE Awards

SHANGHAI – There were many familiar faces among the winners on March 10 during the Air Cargo Excellence (ACE) Awards ceremony, held in conjunction with IATA’s World Cargo Symposium here. But there were also some notable newcomers that climbed the ranks in this celebration of the top airlines and airports, as chosen by Air Cargo […]
  • Randy Woods
  • March 10, 2015
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