Panalpina acquires Argentine logistics network for perishables

Yesterday, Swiss forwarder Panalpina released news of a new deal to acquire Argentine logistics company Newport Cargo S.A. in a move that will bolster its orientation toward the growing Latin American perishables market. Newport Cargo handles 24,000 tonnes of freight exports per year, consisting mainly of U.S.-bound fish and berries. Following the merger, the cargo […]
  • Nina Chamlou
  • June 14, 2018

WorldACD reports ‘serious’ growth in air cargo business, yield

While air cargo growth seemed to cool off a bit in March after its torrid pace through much of 2017, the latest April and first-quarter figures from WorldACD suggest that April saw a more robust year-over-year growth rate for air cargo volume and even more so for air cargo yield. Taking into account the distorted […]
  • Randy Woods
  • June 1, 2018

LATAM ends streak of 19 consecutive quarterly revenue losses with Q3 spike

The good news is finally in for LATAM Cargo, which overturned a spate of poor quarterly performance to post cargo revenues up 2.5 percent to US$272.2 million for the third quarter – the first year-on-year quarterly increase since Q2 2013. Cargo traffic, measured in revenue tonne kilometers (RTKs), grew 3.5 percent over the quarter. The […]
  • Lewis King
  • November 16, 2017

After rough July, IATA expects second-half improvements

In spite of disappointing airfreight figures for July, IATA said it is sticking with its view that “economic growth and trade will improve in the second half of the year,” providing a boost to air cargo volumes. That said, given recent declines in airfreight, there needs to be a significant shift in the second half […]
  • Staff Reports
  • September 8, 2015

LAN and TAM make it official – call it LATAM

After merging three years ago this summer, Chile’s LAN Airlines and Brazil’s TAM Lineas Aéreas S.A. have rebranded as one combined entity, LATAM. LATAM Airlines Group will slowly roll out the new corporate brand over the next three years in airports, and on aircraft, commercial offices, web pages and uniforms. The new branded group will […]
  • Staff Reports
  • August 6, 2015

Berries make their way to Asia, U.S.

DHL Global Forwarding set a company record number of charters in 2013 transporting perishables from South America, primarily Chile to Asia and Argentina to the U.S. market.  “Despite freezing temperatures, heavy rain, hail and a gloomy forecast for the 2013 blueberry and cherry season in Argentina and Chile, charters transporting these delicate fruits proved to […]
  • Staff Reports
  • May 22, 2014

AA Cargo busy with Europe, race cars

American Airlines Group reported positive combined traffic growth in April for American Airlines Cargo and US Airways Cargo. AA Group’s system cargo tonne miles (CTMs) for the month were 197.2 million, up 12.9 percent over April 2013. Year-to-date CTMs were 757.3 million, up 12.2 percent over the same period in 2013. Starting Friday, AA Cargo […]
  • May 12, 2014