IATA’s CASS billing system goes live in Russia

As cross-border trade continues to heat up, IATA and the global banking industry agreed that it’s time for Russian airfreight to come in from the cold. IATA’s Cargo Accounts Settlement Systems (CASS) has gone live in Russia, in partnership with Russian bank VTB and carrier Aeroflot. CASS simplifies the billing and settlement of accounts between […]

Automation cannot replace forwarder specialization

The forwarding industry is experiencing a significant amount of criticism these days for its apparent failure to jump on the digital transformation bandwagon. As the online ordering craze gives rise to global e-commerce, small- and large-volume shippers wonder if their forwarders can meet the challenges of shipping across borders, making rapid quotes, responding immediately, and […]

UPS building $200 million facility, adds Saturday delivery to meet e-commerce demand

UPS announced today plans to build a US$200 million package operations facility in Arlington, Texas, just one day after it confirmed that it’s pilot Saturday-pickup project would be expanded nationwide through 2018. These developments point to an ongoing pivot towards more extensive and faster coverage by UPS in the context of growing e-commerce demand. “This […]

Gatwick’s Embleton replaces departing Crawley at IAG Cargo

A little over a year after taking charge of IAG Cargo and embarking on several modernization initiatives, Drew Crawley announced today that he is stepping down from the CEO position to become head of Avios, the loyalty program for parent company IAG Group. In his place, IAG Group has appointed Lynne Embleton, formerly the managing […]

Prénatal extends contract with Geodis, adds e-commerce services

Maternity and child-centric retailer Prénatal has extended its contract with Geodis’ Contract Logistics line of business, extending their e-commerce collaboration until June 2020. Under the terms, Prénatal’s retail and e-commerce stock will be combined and stored in the Geodis’ distribution center in Almere, the Netherlands. Geodis first started working for Prénatal in 2009, handling inventory. […]

Used rocket available for cargo delivery, low mileage, call SpaceX [VIDEO]

It’s usually a good idea to use the “buyer beware” rule when shopping for used equipment. But in the case of Elon Musk’s SpaceX Falcon 9 system, a “used” rocket is the main selling point for the viability of the space cargo business plan. Yesterday, SpaceX successfully launched the SES-10 communications satellite, using a reused […]

Swiss Post, Matternet pioneer medical drone delivery

Swiss Post and drone manufacturer Matternet have successfully used drones to transport laboratory samples between two hospitals in Lugano, Switzerland. The hospital now expects to make drone delivery a standard operation in 2018. Swiss Post, the Ticino EOC hospital group and Matternet launched the joint project earlier this month. Normally, the samples are transported by […]

Grünenthal to use Kuehne + Nagel’s pharma logistics

Swiss forwarder Kuehne + Nagel is partnering with pharmaceutical research company Grünenthal to reorganize the pharma company’s worldwide transportation network for highly sensitive pharmaceutical products. Grünenthal has production sites in Europe and Latin America, with a footprint in 32 countries, and products available in 155 countries. The pharma giant will use KN PharmaChain, K+N’s multi-modal […]

Will there be a modal shift to Hyperloop? Don’t answer yet…

A recent post in Tech Crunch breathlessly postulated that the planned Hyperloop One system envisioned for the Middle East will one day be able to handle the equivalent of US$12 billion of the region’s entire $35 billion cargo market, including all $7 billion worth of airfreight shipments in the Gulf Cooperation Council region. I’ll pause […]

IATA’s e-AWB penetration rate falls in February

Is there such a thing as a “silicon ceiling”? Much to IATA’s chagrin, the air cargo industry once again failed break through the 50 percent barrier in electronic airway bill (e-AWB) penetration. In fact, the rate just declined in the data most recently available. February’s 48.2 percent penetration rate represents a 0.3 percent month-to-month decline, […]

Freightos eyes growth with Series B extension funding

With an eye toward scaling up its reach to global levels, online logistics firm Freightos has wrapped up a US$25 million Series B extension round, led by GE Ventures, bringing the company’s total investment funding to $50 million. In addition to growth, the funds also will be used for continued development of the software suite […]

Natilus releases pictures of near-complete cargo drone prototype

Cargo delivery drone startup Natilus has released pictures of a prototype vehicle that the company hopes will eventually conduct 30-hour test runs, carrying up to 315 kilograms of cargo, between Los Angeles and Hawaii. “Seeing is believing, especially for the freight world,” said CEO Aleksey Matyushev. “There’s a lot of doubt that a small team […]

Alibaba Cloud takes artificial intelligence to the masses

Imagine if you could accurately predict when and where your largest airfreight shipments will be sent each day. That futuristic ability may soon become available to a wide range of forwarders and shippers with Alibaba Cloud’s new artificial intelligence (AI) platform, called  PAI 2.0, which provides businesses and organizations machine-learning capabilities. The platform, which launched […]

Turvo launches collaborative supply chain management platform

Turvo, a logistics startup has launched a “collaborative logistics” platform that allows shippers, brokers and carriers to communicate and manage shipments in real-time, across the entire supply chain. The company also announced it has raised $25 million in Series A financing. The platform allows shippers can manage loads, and eventually, it will offer inventory management. […]
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