China developing Xinjiang airport as ‘Belt and Road’ air cargo node

Today, China’s state planner approved a US$6.1-billion airport expansion project in Urumqi, capital of China’s far-western Xinjiang province, which will help develop the city into a key air cargo hub in President Xi Jinping’s sprawling “Belt and Road” initiative. Construction of the Urumqi Airport (URC) will run through 2030, when the expanded airport is expected […]
  • Chelsea Toczauer
  • November 19, 2018

IATA reports demand increased only 2 percent in September

September traffic data from the International Air Transport Association (IATA) shows a sluggish 2 percent year-over-year growth in demand, measured in freight tonne kilometers (FTKs) – less than half of the five-year average growth rate of 5.1 percent. The report is essentially on par with the WorldACD’s September analysis, which reported an even slimmer growth […]
  • Nina Chamlou
  • November 5, 2018

Turkish Cargo launches freighter service from Europe to Ho Chi Minh

Turkish Cargo announced that it is adding freighter routes from Europe to Ho Chi Minh Airport (SGN) in Vietnam to its flight network. The new routes will be flown by the airline’s 777 freighters. Turkish has acquired three of the freighters since December 2017, and has at least two more on order with Boeing. Turkish […]
  • Chelsea Toczauer
  • November 5, 2018

WorldACD reports rare volume decrease, Drewry cites rising prices

Has the industry just had its first “uh-oh” moment of the year? The sensational airfreight volume growth-spurt has come to a tangible end, with the first recorded year-over-year decrease of 0.9 percent in international airfreight volumes reported by the WorldACD in over two years, occurring during the month of September. Meanwhile, Drewry said airfreight prices […]
  • Nina Chamlou
  • November 1, 2018

IATA moves to e-AWB effective Jan. 1

Following years of encouragement and industry incentives, the International Air Transport Association (IATA) announced today that the electronic air waybill (e-AWB) will become the default contract of carriage for all air cargo shipments on enabled trade lanes, effective Jan. 1, 2019. The new default strives to make e-AWBs the norm, and paper AWBs the exception. […]
  • Chelsea Toczauer
  • November 1, 2018

Direct Liège-China freight train finalizes new network

This week, Belgium and China finalized a “One Belt, One Road” network by jointly launching a new direct freight train between Liège and central China. The first train of 29 wagons and 37 containers set off yesterday from the Bierset multimodal rail-road platform, operated by Liège Logistics Intermodal, and will travel 12 days across the continent […]
  • Chelsea Toczauer
  • October 25, 2018

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
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