Africa’s ‘Moon Shot’: Preparing for an African air cargo renaissance

Built more than 60 years ago, Nairobi’s Jomo Kenyatta International Airport (NBO) is hardly a cutting-edge example of a modern, global air cargo hub. While there have been some recent expansions to its cool-chain handling facilities, NBO’s connectivity to the rest of the world is relatively modest. Still, Kenya’s largest airport has ardent fans. “Jomo […]
  • Randy Woods
  • February 4, 2019

Panalpina’s largest shareholder rejects DSV takeover bid

Today, Panalpina’s largest shareholder, the Ernst Göhner Foundation, said it does not support the non-binding proposal from Denmark-based rival DSV to purchase the Swiss forwarding giant. About two weeks ago, Panalpina’s board said that “according to its fiduciary duties,” it would review the proposal with its professional advisers. The offer, which was released on Jan. […]
  • Nina Chamlou
  • February 4, 2019

TSA approves of canine security group for air cargo screening

After several months’ work with the Transportation Security Administration (TSA), a U.S.-based security group called the Cargo Screening K9 Alliance (CSK9), said on Feb. 1 that it has been approved by the federal government to begin using trained dogs to provide screening services at airline and freight forwarder facilities nationwide. The green light from TSA came […]
  • Randy Woods
  • February 4, 2019

UPS sees growth from e-commerce, life sciences as net income decreases

Today, in UPS’ earnings call for 2018 results, the company reported a 2 percent decline in total net income from about US$4.9 to $4.8 billion between 2017 and 2018. Looking specifically at the fourth quarter – not accounting for adjustments – net income decreased 59 percent from $1.1 billion to $453 million, year-over-year. However, adjusted […]
  • Nina Chamlou
  • January 31, 2019

C.H. Robinson’s Q4 profits rise, but perishables disappoint

C.H. Robinson, one of the largest North American freight companies, today reported strong growth in the fourth quarter of 2018 and the full year, but delivered disappointing results in its perishables segment. Overall revenue increased 4.5 percent, to US$4.1 billion in Q4, while net revenues rose 13 percent to $713.8 million, compared to the previous […]
  • Randy Woods
  • January 30, 2019

JAS forwarding to use cargo.one to digitally book capacity

U.S.-based JAS Forwarding joined the ranks of forwarders utilizing Berlin-based cargo.one’s freight booking platform, which allows users to view and book airlines’ available freight capacity instantaneously via a digital app. Gordon Reinke, airfreight director  of JAS Forwarding’sa German operations, said that JAS engaged in a collaborative process with cargo.one, in which it tested use of […]
  • Nina Chamlou
  • January 28, 2019

Panalpina confirms DSV takeover bid for US$4 billion

This morning, the Panalpina board of directors confirmed that it had received an unsolicited, non-binding proposal from Danish logistics rival DSV to purchase the Swiss forwarding giant.  The offer was for CHF170 per share, from a combination of cash and DSV shares, adding up to about US$4 billion. The board stated that “according to its […]
  • Randy Woods
  • January 16, 2019

16 dead in Saha Airlines crash near Tehran

At around 8:30 a.m. of Jan. 14 local time, a B707 military aircraft operated by Saha Airlines that was carrying meat in route from Manas Airport (FRU) to Payam Airport (PYK) crashed into a residential area near Tehran, killing 16 of the 17 people onboard. One survivor is in critical condition at a local hospital. […]
  • Nina Chamlou
  • January 14, 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

SEKO acquires Chicago-based forwarder GoodShip

Fulfilling its previously stated goal to grow its global footprint and forwarding holdings, SEKO Logistics this week purchased GoodShip – a fellow Illinois-based forwarder. Headquartered in Chicago, GoodShip’s location will underpin SEKO’s Chicago gateway – a landing pad for its international customers. SEKO’s president and CEO, James Gagne, said that, after more than 40 years […]
  • Nina Chamlou
  • January 4, 2019

DSV to begin expansion of logistics facilities at Danish headquarters

Danish logistics giant DSV is set to break ground on a logistics facility expansion at its headquarters in the Roskilde-Hedehusene-Taastrup area, about 25 miles west of Copenhagen, which it said is “just the beginning” of a wider expansion plan, set to be completed over the next five years. The project will include the construction of […]
  • Nina Chamlou
  • January 2, 2019

We asked: The top 5 reasons to join air cargo industry

It’s been another turbulent year in the airfreight industry. We’ve seen a boom in air cargo capacity and nearly limitless demand for e-commerce, but there have been some daunting headwinds regarding tariffs and a potential slowdown in world trade. Amid such uncertainty, Air Cargo World was curious to know not only what makes people interested […]
  • Nina Chamlou
  • December 31, 2018

Top 5 most memorable air cargo partnerships announced in 2018

As we wrap up the end of another year of evolution and growth in the realm of airfreight, Air Cargo World reflects on the year’s most memorable partnerships, memoranda of understanding (MOUs), strategic cooperations and joint ventures (JVs), which mark the beginning of a new era in the industry — one that will be defined […]
  • Nina Chamlou
  • December 24, 2018

Panalpina anticipates airfreight growth during Q4 following slow Q3

Panalpina said it is anticipating “good growth” in demand for airfreight in its fourth quarter results, driven by China-Europe, Europe-U.S. and China-U.S. trade lanes and demand for charter services, but emphasized its 2018 end-of-year results “won’t be as strong as the previous year.” The forwarder is emerging from a sluggish third quarter, in which its […]
  • Nina Chamlou
  • December 19, 2018
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