FedEx anticipates record-breaking peak season, warns of trade tensions

During FedEx’s FY Q1 2019 earnings call yesterday, CEO Fred Smith said the company is anticipating record-breaking volume during this year’s peak season. The positive news follows the company’s announcement last week that it will expand its U.S. ground operations to six days a week in response increased demand for e-commerce – this, despite current […]
  • Nina Chamlou
  • September 18, 2018

MallforAfrica adds Chinese vendors to e-commerce platform

African shopping platform MallforAfrica – which sources “billions of items” from United States and United Kingdom-based retailers – has opened a warehouse in China and will now make Chinese products available through its online shopping app, connecting African consumers to the Chinese e-commerce market. Once goods are purchased, customer orders are fulfilled from MallforAfrica warehouses […]
  • Nina Chamlou
  • September 18, 2018

DHL spins out e-commerce from PeP division

Deutsche Post-DHL Group (DP-DHL) is addressing the ongoing woes in its Post-eCommerce-Parcel (PeP) division with a “divide and conquer” strategy, under which PeP will be separated into German and international divisions focusing on post and parcel and e-commerce, respectively. The changes are effective as of Jan. 1, 2019. As part of the new organizational structure, […]
  • Caryn Livingston
  • September 17, 2018

UPS grows alternate delivery location offerings with Taiwan ‘e-lockers’

UPS is expanding delivery options for e-commerce shipments in Taiwan with the addition of more than 850 “e-lockers” as alternate delivery locations (ALDs). UPS is working with Palmbox and Chunghwa Post, via its iBox lockers, for e-commerce deliveries in Taiwan. Once Taiwanese customers receive deliveries from international retailers at an e-locker, UPS will notify the […]
  • Caryn Livingston
  • August 20, 2018

Is CEVA Logistics beginning to dig itself out of hole?

CEVA Logistics reported its second-quarter earnings today, posting a net loss of US$45 million – unchanged from 2Q17. For the first half, CEVA reported a net loss of $112 million, compared to a loss of $102 million in 1H17. Revenue in the second quarter was up 7.4 percent year-over-year to $1.85 billion, but operating income […]
  • Nina Chamlou
  • July 27, 2018

IATA’s confidence index survey shows industry is hopeful, but cautious

The International Air Transport Association (IATA) has released the results of its latest “Airline Business Confidence Index” survey, which indicates that industry leaders are still optimistic about continued growth in demand for air freight, but cautious as they come down from the high of last year’s heyday, for a few reasons. The survey, conducted in […]
  • Nina Chamlou
  • July 26, 2018

IATA: Demand growth slows in May, as protectionist policies loom

May reports from the International Air Transport Association (IATA) and WorldACD show that the 2017 heyday of double-digit growth rates in the global air freight market are officially returning to normal levels. The organization said freight tonne kilometers (FTKs) increased by a moderate 4.2 percent, year-over-year, for the month of May. The figure is an […]
  • Nina Chamlou
  • July 6, 2018

May airfreight demand growth slows

With the release of WorldACD’s air cargo performance results for May, the slowdown from last year’s consistent double-digit increases is undeniable. Although volumes are still increasing year-over-year, the increases are significantly less than those seen during 2017. Air cargo volumes worldwide increased by 2.6 percent y-o-y in May, down from the nearly 15 percent y-o-y […]
  • Caryn Livingston
  • July 2, 2018

IATA expects slower growth with uptick in protectionism

In its second-quarter Cargo Chartbook, the International Air Transport Association (IATA) predicted a likely slowdown ahead for airfreight traffic, as traffic in freight tonne kilometers (FTKs) rose by a slower 4 percent, year-over-year, during the three months ended April. The positive air freight performance during 2017 was supported by overall strength in world trade demand […]
  • Caryn Livingston
  • June 28, 2018

XPO Logistics, Nestlé to build ‘digital warehouse’ in the U.K.

XPO Logistics is partnering with food and drink company Nestlé to create a 638,000-square-foot distribution center in Leicestershire, U.K. The warehouse, scheduled for completion in 2020, is being billed as a “digital warehouse of the future,” and will serve as a testing environment for new XPO technology before it is released globally. The facility will […]
  • Caryn Livingston
  • June 18, 2018

Poland’s demand for air cargo forwarding projected to grow

Market analysis firm Ken Research published a 100-page outlook report this week on the state of the Polish freight forwarding sector, suggesting that the country will experience strong growth between now and 2022. According to the report, freight forwarding is the largest revenue contributor in Poland’s logistics industry. According to the report, Poland’s major trading […]
  • Nina Chamlou
  • May 18, 2018

Volume growth at Pactl raises expectations

Over the past decade, Shanghai Pudong International Airport (PVG) has grown in importance in the air freight universe to the point that it is now the second busiest airport in the world for international cargo, behind only Hong Kong (HKG), and the third busiest for total cargo, lagging only Hong Kong and Memphis (MEM). Pactl, […]
  • David Harris
  • May 7, 2018

IAG Cargo Q1 gets boost from India, pharma demand

U.K.-based IAG Cargo reported a 10.9 percent increase in commercial revenues over the first quarter of 2018, compared with the same period in 2017. CEO Lynne Embleton attributed IAG Cargo’s success to a buoyant market across Europe and the Asia-Pacific regions, and India particularly, as well as growing demand for its pharmaceutical transportation program, Constant […]
  • Caryn Livingston
  • May 4, 2018

Virgin Atlantic Cargo gains pharma authorization at Heathrow

Virgin Atlantic Cargo received a wholesale distribution authorization (WDA) from the United Kingdom’s government for the carrier’s global headquarters operations and its new “Pharma Zone” at London’s Heathrow Airport (LHR). The WDA designation was developed by the U.K.’s Medicines and Healthcare Products Regulatory Agency (MHRA), alongside the European regulator for medicines, the European Medicines Agency […]
  • Caryn Livingston
  • May 2, 2018
Page 1 of 7712345 102030...Last »