SEKO Logistics sets its sights on China trade with Air-City acquisition

SEKO Logistics acquired New York-based freight forwarder and cross-border e-commerce specialist Air-City Inc. in the largest acquisition in the company’s history, SEKO announced in a statement.  In addition to growing SEKO’s footprint in the New York and northeastern United States, SEKO expects the acquisition to support its growth in “westbound airfreight and cross-border e-commerce trade for goods going […]

Consultant Insight: Will 2020 be life changing or mean life support for air cargo?

Will 2020 begin with improving air cargo volumes? It’s possible, especially with easier year-over-year volume comparisons. According to IATA data, December 2018 marked the beginning of international freight tonne kilometers (FTK) declines that lasted through at least October 2019 (latest data available), except for March when FTKs increased by a paltry 0.1%. There are a […]

The China-Russia connection: E-commerce demand supports a booming trade lane

Chinese express carriers have been making waves in the air cargo business for some time now, rapidly building up their freighter operations and innovating domestic express operations. Still, despite being the base for two of the world’s largest e-commerce companies – JD.com, which is often compared to Amazon for the high degree of control it […]

Outlook is positive for African air cargo carriers as trade with China grows

African carriers have been a shining star in an otherwise dismal global airfreight market. Year-to-date through July, freight tonne kilometers (FTKs) are up 4.9% year-over-year while capacity is up 13.6%. This region has been on an upward but erratic path in recent years with much of the growth attributed to its trade relations with Asia-Pacific. […]

HKG begins recovery of full flight operations

Hong Kong International Airport (HKG) today began the rescheduling and recovery of its flight operations, as protesters released a statement apologizing for the disruption that they had caused over the last two days. Late last night, the airport authority obtained an injunction against the unlawful and willful obstruction of or interference with the proper use […]

Flights canceled for second day in a row at HKG, but minimal impact on freighters

HONG KONG – Hong Kong International Airport (HKG) announced the suspension of all check-in processes at around 4:30 p.m. local time this afternoon after protesters occupied much of the passenger terminal, resulting in the cancellation of a large number of flights scheduled to depart in the evening. However, the scale of the cancellations was nowhere […]

HKG freighter flights mostly unaffected by ground stop

HONG KONG – Freighter flights have continued to depart and arrive at HKG as usual, despite a flight stoppage ordered by Hong Kong’s airport authority today. However, cargo was booked to fly on many of the canceled passenger flights, and so shipments moving in the belly hold will likely encounter delays in the days to […]

More than strikes, CAAC warning could deal direct blow to Cathay Pacific Cargo

HONG KONG – The Civil Aviation Administration of China (CAAC) has just issued what it called a “severe safety warning” to Hong Kong-based Cathay Pacific in response to what it perceived as “safety risks recently exposed” by the airline. If enforced, the warning could impact not only flights connecting mainland China, but potentially Cathay flights […]

FedEx held back Huawei shipments, Chinese authorities say

Chinese authorities accused FedEx of intentionally holding back Huawei shipments from entering the country, in addition to other legal violations, state news agency XinhuaNet reported today.   The integrator accidentally diverted Huawei packages from the United Kingdom to the United States last month, leading FedEx to file a lawsuit against the U.S. Department of Commerce for an undue burden to “police” shipments after the […]

time:matters expands Sameday Air network to China

Lufthansa Cargo’s time-critical logistics subsidiary time:matters has expanded its Sameday Air network into China for the first time with the addition of stations in Beijing (PEK), Chengdu (CTU), Guangzhou (CAN), Nanjing (NKG), Qingdao (TAO), Shanghai (PVG) and Shenyang (SHE). Customers with urgent shipments will now have access to 157 weekly direct flights between Frankfurt, Munich, […]

DHL Global Trade Barometer predicts air trade contraction

The DHL Global Trade Barometer forecasts for global air trade dropped six points from March to a new index of 49, indicating a slight contraction over the next three months.  Most countries are expected to see air trade decline, with the largest contractions expected in Japan (-11 points) and the U.S. (-8 points). Further declines are expected in India […]
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