More troubles from PeP dampen Q3 gains for Deutsche Post-DHL

In the third-quarter report released yesterday by Deutsche Post-DHL (DP-DHL), the group presented significant rises in its operating profits, or earnings before interested and taxes (EBIT), for its Express, Global Forwarding and Freight, and Supply Chain segments. However, lackluster numbers from Post-eCommerce-Parcel (PeP) division were enough to dampen the overall tone of the announcement. DP-DHL’s overall EBIT for Q3 fell by 54.9 […]

• Randy Woods
• November 7, 2018

JD.com launches dedicated freighter service through Tianjin Air Cargo partnership

Confirming long-suspected rumors about the next step in its logistics journey, Chinese e-commerce giant JD.com launched 737 freighter service today under its JD Logistics brand, in partnership with HNA Group subsidiary carrier Tianjin Air Cargo. The move represents a major departure for the company, which, until now, has relied on moving air freight in the […]

• Caryn Livingston
• November 6, 2018

Atlas reports strong Q3, expects more for peak season

Atlas Air Worldwide Holdings (AAWW) reported third-quarter net income of US$71.1 million, up from a net loss of $24.2 million for Q3 of 2017, and expects a strong performance for the fourth quarter on expectations of a record peak season. Operating income was up by 3.3 percent, year-over-year, during Q3, to $54.5 million, while total operating […]

• Randy Woods
• November 1, 2018

July cargo traffic reports give hope for second half of 2018

Last month, when the tariff disputes were headline news and talk of “trade wars” dominated discussions about international logistics, there was a wave of nervousness that swept through the air cargo world about a dip in carrier performance for the month of June. Today, the concern is still present, but the numbers released about July’s air cargo […]

• Randy Woods
• August 17, 2018

DP-DHL Group reports troubles in Post-eCommerce-Parcel sector in second quarter

While Deutsche Post-DHL Group posted operating profit (EBIT) gains in the Express, Global Forwarding and Freight, and Supply Chain segments, a year-over-year decrease of 58.5 percent in second quarter EBIT for the Post-eCommerce-Parcel (PeP) division weighed on the Group’s overall EBIT for the quarter, which declined by 11.2 percent, y-o-y, to €747 million. The Group’s […]

• Randy Woods
• August 7, 2018

Announcing the Cargo Facts EMEA Conference

It was with great excitement at Air Cargo World that we unveil the newest addition to the successful events lineup by our sister publication, Cargo Facts: Cargo Facts EMEA, to be held Feb. 5-6 at The Westin Grand in Frankfurt, Germany. Building on the success of the Cargo Facts Symposium and Cargo Facts Asia shows, and […]

• Charles Kauffman
• June 28, 2018

Demand flattens, yields soar in March… or do they?

March is usually a good time for reckoning in the air cargo industry. Any lopsided demand figures from the Chinese Lunar New Year surge are generally smoothed out by the third month of the year, and post-holiday inventory restocking generally begins to ebb as spring arrives. The March results from the major data analysis organizations, […]

• Randy Woods
• May 2, 2018

Could Amazon be headed… to the Amazon?

For many years, the country of Brazil has been a conundrum. With more than 200 million people, this South American country has been blessed with enormous natural resources and the 8th-largest gross domestic product in the world (nearly US$3.4 trillion), yet has been rocked by continuous political scandals, military coups and corruption that have prevented […]

• Randy Woods
• April 20, 2018

Hong Kong heads ACI’s list of top 20 airports

According to preliminary data from the Airports Council International, total cargo handled (loaded and unloaded freight and mail) by airports worldwide in 2017 was up 7.9 percent over 2016 to about 118 million tonnes. International freight handled was up 9.9 percent to about 73 million tonnes, accounting for 62 percent of the total volume. To […]

• Randy Woods
• April 9, 2018

JD.com arranges multi-billion-dollar financing for JD Logistics spinoff

And so the competition with Amazon truly begins!  Following U.S.-based Amazon’s launch of an own-operated air freight network (operated by subsidiary carriers of ATSG and Atlas Air Worldwide Holdings Inc.), Beijing-based e-commerce giant JD.com, Inc., announced it was selling a 19.6 percent stake in the logistics subsidiary it spun-out as a standalone company last April, in […]

• Randy Woods
• February 14, 2018

November air cargo demand remains unusually strong

It’s no secret that demand for air cargo services skyrocketed at the start of the current peak season, and has continued for several months. But even as the calendar turned to September and October, and the year-over-year comparisons started bumping up against the strong peak season figures from 2016, the surge in demand in November […]

• Randy Woods
• December 20, 2017

First look at October cargo shows continued demand, but slowing growth

Soaring yields and the backlogs building in Asian hubs offer ample testimony to that demand for airfreight is still strong. We are clearly in the middle of a great peak season, and anyone who didn’t book space long ago is suffering. But the rate of growth is falling. David Harris, of sister publication Cargo Facts, […]

• Randy Woods
• November 15, 2017

FedEx to be launch customer for new ATR production freighter

Aircraft manufacturer ATR has signed an agreement with FedEx for the purchase of thirty ATR 72-600 production freighters, with options to increase the order to twenty more. The deal will make FedEx the launch customer of ATR’s first production freighter. According to David Harris, editor of our recently redesigned sister publication, Cargo Facts, any carrier […]

• Randy Woods
• November 8, 2017

Will year-over-year gains begin to decline in September?

Those robust year-over-year monthly gains in air cargo volumes that became the ‘new normal’ over the last year might prove a little more elusive in the months ahead, starting this September according to Cargo Facts senior editor David Harris. With peak season ramping up, and the industry crowing about surging e-commerce volumes, such a prediction […]

• Lewis King
• October 17, 2017