FedEx Express launches Asia-Pacific pharma cold-chain product

FedEx Express has launched a temperature-controlled cold chain shipping solution for the Asia-Pacific region to address growing demand from customers in the healthcare industry. The company is now offering the “Medpak VI°C” reusable thermal packaging solution to customers in Japan, Korea and Singapore on a one-way rental basis. The packaging comes with vacuum-insulated panels and […]
  • Jeff Lee
  • May 10, 2019

Trans-Pacific rates, traffic decline early in 2019

Airfreight traffic among Asia-Pacific carriers is on the decline so far in 2019, defying expectations of increased shipments ahead of the Chinese New Year. Meanwhile, while data from the TAC Index, which publishes weekly average general cargo prices on major global origin-destination pairs, indicates that trans-Pacific airfreight rates between Hong Kong and North America have likewise fallen nearly […]
  • Caryn Livingston
  • March 11, 2019

Kerry Logistics launches e-commerce JV with E-Services Group

Hong Kong-based Kerry Logistics and e-commerce IT company E-Services Group (ESG) have entered a joint-venture (JV) to develop a fulfillment service that will fuse Kerry’s network and logistics services with ESG’s technological capabilities. The JV, “Kerry ESG,” will allow e-tailer shippers to manage order fulfillment, inventory and reverse logistics through a centralized platform upon its launch […]
  • Nina Chamlou
  • February 18, 2019

AAPA traffic growth continued to slow in June

The latest cargo traffic results released by the Association of Asia Pacific Airlines (AAPA) continued a pattern of gradual decline in traffic growth among its member carriers since April. The organization reported a 3.4 percent year-on-year growth rate in freight tonne kilometers (FTKs) handled for the month of June. The number marks a 1.5 percent drop […]
  • Nina Chamlou
  • July 24, 2018

U-Freight America expands West Coast presence

U-Freight America, the San Francisco arm of Chinese logistics company U-Freight, is opening an 80,000-square-foot facility in Industry, California – 20 miles east of Los Angeles – which will expand its capacity for its Asia-Pacific clients. Rick Keller, chief executive of U-Freight America, says the facility is in the “perfect location from which to offer […]
  • Nina Chamlou
  • April 17, 2018

WorldACD: Volumes keep soaring through August

By all metrics, air cargo enjoyed another great month in August with a 12.9 percent year-over-year increase in volumes for the month alongside even higher direct tonne kilometer (DTK) growth of 14.6 percent, with WorldACD noting the average distance between origin and destination points for airfreight shipments continues to grow. Transport of pharmaceuticals and high-tech […]
  • Caryn Livingston
  • October 5, 2017

Asia-Pacific cargo lift rises in 2016, but revenue, yields plummet

Cargo volume growth in the Asia-Pacific region gave some carriers optimism in 2016, but the increase in tonnage did not translate into higher revenues or yields, according to the preliminary assessment of the year by the Association of Asia Pacific Airlines (AAPA). International air cargo traffic, expressed in freight tonne kilometers (FTK), grew by 1.3 […]
  • Randy Woods
  • May 18, 2017

Airfreight dives in Asia – should we panic?

The Association of Asia Pacific Airlines published February international traffic results and, for cargo, the news is bleak, down 12 percent, year-over-year. But as David Harris points out, from sister publication Cargo Facts, data from January and February are often skewed by the timing of the Chinese New Year – especially compared y-o-y during the […]
  • David Harris
  • March 31, 2016

AirBridgeCargo reports January cargo surge

Confident is how AirBridgeCargo described its start to 2016, as it reported a 30 percent year-over-year rise in tonnage carried in January. ABC transported 43,605 tonnes of cargo to Europe, North American and the Asia-Pacific region for the month. The carrier attributes this robust performance to last year’s fleet and network expansion. Newly launched destinations […]
  • Staff Reports
  • February 17, 2016

WorldACD sees ‘glimmers of hope’ for 2016

As 2015 draws to a close, WorldACD said that, in spite of its weak performance in recent months, the air cargo market wasn’t all that bad this year, thanks in part to China and Hong Kong. Together they account for almost 30 percent of worldwide revenue – a very solid share of the market. November […]
  • Staff Reports
  • December 30, 2015

AirBridgeCargo continues to shine

Solidifying its reputation as one of the fastest-growing air cargo carriers in the world, AirBridgeCargo had a strong November, with a 27 percent year-over-year tonnage gain, compared to the previous November. Last month, ABC transported more than 50,000 tonnes of cargo across its global network, which includes Europe, North America and the Asia-Pacific region. For […]
  • Staff Reports
  • December 21, 2015

IATA reports plateau in cargo growth for October

As was expected, given the preliminary monthly traffic reports by many major carriers, global air cargo volumes, measured in freight tonne kilometers (FTKs), were flat in October 2015, rising by just 0.5 percent, compared with the same month last year. Freight load factors in October also fell to the 44 percent range, a level not […]
  • Staff Reports
  • December 3, 2015

Lufthansa Cargo committed to Vietnam

With its economic recovery in full swing, Vietnam has been named by Lufthansa Cargo as part of the carrier’s new winter schedule. The American Journal of Transportation said that, after a test phase over the summer, the cargo airline will be flying a 777F weekly to Ho Chi Minh City. The freighter will be departing […]
  • Staff Reports
  • October 21, 2015

E-air waybill penetration creeps up – ever so slowly

Unless a huge shift occurs, it would appear by IATA’s latest numbers on electronic air waybills (e-AWBs) that the goal of 45 percent penetration by year’s end isn’t going to become a reality.  The good news is that, for the most part, the numbers have crept up every month by a slight margin. Overall, e-AWB […]
  • Staff Reports
  • October 1, 2015
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