The 2019 Air Cargo Executive of the Year is DSV Panalpina’s Jens Bjorn Andersen

Early in 2019, speculation ran rampant over the future of Panalpina. The Swiss forwarder had faced several difficult quarters, with declines in profit exacerbated by overall market weakness and demand declines in some of the forwarder’s higher-yield verticals. Enter DSV. Unsolicited, Panalpina’s Danish logistics rival submitted a takeover offer to Panalpina’s board, valuing Panalpina at […]

XPO Logistics looks to sell business segments

Following several challenging quarters for Connecticut-based XPO Logistics, CEO Brad Jacobs said the logistics company will look to sell or spin off up to four of its business segments. The business segments under consideration for sale include XPO’s North American and European transportation and logistics divisions, Jacobs told Jim Cramer during a CNBC Mad Money […]

Tech startup Komodal breaks into airfreight

In this episode of On Air with Air Cargo World, Southern California-based data integration startup Komodal’s co-founder Julia Pasternack discusses the company’s work to digitalize and improve transparency across multi-modal logistics operations. The startup has already done work to help alleviate congestion for stakeholders operating out of the Los Angeles and Long Beach harbors and […]

SATS wins 25-year cargo terminal concession in Riyadh

SATS Saudi Arabia Company, a subsidiary of parent ground handling service provider SATS, has won a cargo terminal concession in Riyadh International Airport (RUH), the Main Board-listed company announced in a bourse filing this morning. The move is intended to establish a cargo corridor for the company in the Middle East linking Oman, Dammam and […]

Blackstone nears deal to buy stake in Allcargo’s unit

(Bloomberg) — Blackstone Group Inc. has agreed to buy a stake in the warehousing unit of India’s Allcargo Logistics Ltd. for 3.8 billion rupees ($54 million) as the U.S. firm seeks to capture the demand in the world’s fastest growing e-commerce market. Allcargo’s board approved the investment on Monday, it said in an exchange filing, confirming […]

Flexport shares top 5 dangerous goods mistakes to avoid with new regulations

While dangerous goods (DG) are a continual security challenge for stakeholders in logistics and air cargo, lithium batteries have again come to the forefront of concern following the COSCO PACIFIC ocean container ship fire that took place earlier this week, caused by a misdeclared lithium battery. Considering accidents like this involving DG, as well as […]

Fire halts air traffic to Norway’s Stavanger Airport

A fire broke out in the massive parking garage of Norway’s Stavanger Airport (SVG) causing the airport to close yesterday evening at 5 p.m. local time. All flights to SVG were either cancelled or rerouted to nearby airports, such as Haugesund (HAU), as a result. Flights to the airport today have resumed mostly normal traffic […]

Saudia launches ground handling and logistics entity

Saudi Arabian Airlines (Saudia) announced the launch of a new independent entity within the Saudia Group, Saudi Arabian Logistics (SAL) Co., to take over ground handling and logistics services across Saudi Arabian airports. The new logistics entity will begin operating in January, and is part of Saudi Arabia’s Vision 2030 plan to reform and diversify […]

US Air Force took large steps towards fuel optimization in 2019

In addition to projects designed to increase its utilization of alternate fuel sources, the U.S. Air Force has taken steps to expand its fuel optimization in 2019, from more efficient refueling techniques for their F-35 Lightning II fleet to new graduate courses intended to create a more energy-aware culture.   Over the past couple of […]

Record returns to follow record e-commerce peak, says UPS

UPS expects a 26% year-over-year increase in returns processing on Jan. 2, 2020, thanks to the important role e-commerce has come to play in holiday shopping fulfillment, the integrator said in a press release today. UPS forecasts Jan. 2 as the peak returns day following the 2019 holiday season, when consumers send back millions of […]

Rapiscan gets TSA green light for explosive detection system

California-based security equipment and systems company Rapiscan Systems has received the United States Transportation Security Administration’s (TSA’s) approval for its Rapiscan Systems RTT 110 Explosive Detection System (EDS) machine. The RTT 110 is the first high-speed Computed Tomography EDS to be approved on the TSA’s Air Cargo Screening Technology List (ACSTL), according to the company. The […]

Santa’s logistics elves make major moves to get presents out

With sleigh bells ringing and parcels scanning, the holiday season has Santa’s logistics helpers planning. As the holidays approach, air cargo and logistics are seeing their seasonal boost in volumes when consumer buying habits pick up for the holidays. To avoid the logistics debacle of yuletide past that left some customers gift-less and upset, integrators […]

PayCargo makes additional filings against CargoSprint in ongoing lawsuits

Two lawsuits, filed by logistics payment platform PayCargo against competitor CargoSprint, are still pending after PayCargo filed an amended complaint in Georgia earlier this month. The recently amended lawsuit was filed originally in the Northern District of Georgia in July and is related to CargoSprint’s requirement that its customers using SprintPass software also use its […]

FedEx Ground nixed as shipping option for Amazon’s Prime sellers

Effective Wednesday at 2 PM EST, third-party sellers fulfilling Amazon Prime orders will no longer be able to ship Prime orders through FedEx Ground or FedEx Home, according to a copy of the seller communications from Amazon reviewed by Air Cargo World. Earlier this year, FedEx severed ties with Amazon from both its Express unit […]
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