FTKs for Asia-Pacific carriers slide 9.1% in April

Airfreight demand in the Asia-Pacific region continued to suffer the impact of the trade tensions between China and the United States, with preliminary traffic figures from the Association of Asia Pacific Airlines (AAPA) showing a 9.1% year-over-year drop in freight tonne kilometers (FTKs) for April 2019. According to AAPA, the air cargo volumes of its […]
  • Jeff Lee
  • May 27, 2019

Fraport increases majority stake in Lima Airport to 80%

Fraport AG, which manages Frankfurt Airport (FRA) and holds interests in the operation of several other airports, increased its stake in Lima Airport Partners (LAP) by 10% to 80%, Fraport announced on May 24. LAP operates and manages Lima Airport (LIM), and has done so since 2001. Fraport said in a statement that the acquisition […]
  • Caryn Livingston
  • May 27, 2019

Altitude Angel to become strategic data partner for new drone ops platform [VIDEO]

While unmanned aerial vehicles (UAVs) are still awaiting the regulations that will unleash their full potential, one aviation tech firm in the United Kingdom is building the massive cloud-based data services that will be needed to control the complexity of future drone activities. The company, Altitude Angel, said today that it will become the geodata […]
  • Randy Woods
  • May 24, 2019

Leading ULD manufacturers inaugurate new digs

May has been an active month for ACL Airshop and Jettainer, two of the world’s leading Unit Load Device (ULD) manufacturers. Last week, U.S.-based ACL Airshop inaugurated a new manufacturing facility in South Carolina. Lufthansa Cargo subsidiary Jettainer, meanwhile, today celebrated the completion of its renovated “JettHub” logistics center near Frankfurt Airport. Renewed investment in […]
  • Charles Kauffman
  • May 24, 2019

DHL opens logistics gateway hub at Vienna Airport

Yesterday, DHL opened its new logistics hub at Vienna Airport (VIE). The hub will provide multimodal access to transport for the company’s DHL Global Forwarding and DHL Freight network and will serve as a gateway for the company in and out of Austria and Eastern Europe.  The new logistics hub includes two freight terminals, each about 12,000 square […]
  • Chelsea Toczauer
  • May 24, 2019

Last-mile? There’s an app for that

The competition to take on last-mile demand is heating up everywhere in the South American market, especially in the dense urban areas where B2C shows the most potential. Several “Uber-like” on-demand startups have been searching for ways to compete with the likes of Amazon, eBay, MercadoLibre and other e-commerce giants, and have been attracting the […]
  • Staff Reports
  • May 24, 2019

The Power 25: Forwarders to watch through 2019

DSV-Panalpina (future No. 3) – For the rest of this year and into 2020, all eyes in the forwarding world are going to be focused on the new DSV-Panalpina entity, which was decided in early 2019 and will be formalized by the third quarter. In its annual report for 2018, DSV said its earnings before […]
  • Staff Reports
  • May 24, 2019

Power 25 Charts: 2018’s largest forwarders by airfreight metric tonnes

About the Power 25 The Power 25 list was compiled with the cooperation of Armstrong & Associates, Inc., a U.S.-based supply chain consulting firm, which ranked the 25 largest forwarders, based on their 2018 air tonnage. Revenue information and international air tonnage figures for 2018 are either reported by the companies or estimated by Armstrong […]
  • Staff Reports
  • May 24, 2019

The Power 25: Forwarders are rising fast, but keep those seatbelts fastened

Fastest Risers In the lower-middle of the Power 25 pack, the movement was more volatile, especially with the Asian forwarders making impressive leaps in activity. China’s Apex Logistics International, for example, outpaced all other forwarders with a 42% increase in revenues ($1.35 billion) and a 34.4% rise in air tonnage (430,000) to sprint five spots […]
  • Staff Reports
  • May 24, 2019

Usage of BRUCloud’s slot-booking application evolves

More than a year since BRUcloud’s launch of its Slot Booking Application (SBA) for air cargo stakeholders at Brussels International Airport (BRU), at the beginning of 2018, users of the service are saying that the app has benefited their operations and are convinced that slot-booking is the way forward, but there is still some room for improvement.  As Air Cargo Belgium and Brussels Airport Co. – the company […]
  • Chelsea Toczauer
  • May 24, 2019

Last chance! Today is the deadline for ACW’s reader survey

Have you taken our Annual Reader Survey yet? If not, hurry! The survey closes tonight at midnight. Today, May 24, is the final day to make your voice heard and help shape the content of future issues of Air Cargo World. As the most important focus of this magazine, you, the reader, need to step up and enter […]
  • Randy Woods
  • May 24, 2019

Last-mile tech startup FarEye looks to Americas for expansion

India-based logistics technology startup FarEye, announced yesterday that it plans to grow its presence in the United States by opening a Chicago office and building out its team of local experts to serve the U.S. market. For starters, the company appointed Larry Klimczyk as president of the Americas region. The company’s CTO, Gaurav Srivastava, will also be relocating to Chicago.   Best known for its end-to-end […]
  • Charles Kauffman
  • May 23, 2019

Automation, capacity, economic woes top supply chain trends report

With the continuing rise of e-commerce demand despite lackluster economic growth, supply chain professionals are most concerned about lack of capacity and rising costs in e-commerce, according to research firm EyeForTransport (EFT), which released its “Supply Chain Hot Trends 2019” report this week. Based on a global survey of 765 supply chain professionals, including retailers, […]
  • Randy Woods
  • May 23, 2019

China’s national transport indicators denote regional variance in cargo flows 

This week, the Civil Aviation Administration of China (CAAC) announced the country’s transportation production indicators for March,  showing that different parts of the country are seeing more cargo flow than others.  While overall cargo volumes moving through Chinese airports was weak at a nationwide level, statistics for airports by region showed that Chinese airports overall saw a 1.6% year-over-year increase in […]
  • Chelsea Toczauer
  • May 23, 2019
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