DHL doubles Connecticut service center capacity with $4 million investment 

DHL completed a US$4 million expansion and upgrade of its service center operations in Hartford, Conn., the company announced yesterday. The move is intended to accommodate growing cross-border e-commerce trade.  With the investment made earlier this year, DHL added 16,000 square feet of warehousing space to bring the facility’s total space to 38,000 square feet. With this expansion, the […]
  • Chelsea Toczauer
  • August 16, 2019

The Freight 50: Sharpest climbs and falls among carriers

As noted in this year's Freight 50 feature, DHL reported the strongest y-o-y growth during 2018. The second-fastest grower on the list, Vietnam Airlines, made its first appearance on the Freight 50 list at the No. 46 spot thanks to year-over-year growth of 170.2% during 2018. Although many Chinese carriers have struggled to maintain growth […]
  • Caryn Livingston
  • August 16, 2019

Forwarders’ focus turns to margins in the uncertain global environment

Now that the major freight forwarders have reported their earnings for the first half of 2019, a look at the market finds one of lower airfreight volumes and positive oceanfreight volumes. However, the lesson learned from years past was that volumes do not always equate to profit. Today, the focus is on profits. Simple common […]
  • Cathy Roberson
  • August 12, 2019

DP-DHL Group’s Q2 operating profit up, despite persistent drop in airfreight volumes 

While Deutsche Post-DHL Group reported an increase in its overall revenue and operating profits for the second quarter of 2019, compared with Q218, the company’s Global Forwarding, Freight (GFF) division saw airfreight volumes decline by 5.8% year-over-year for Q2 to 888,000 tonnes. For the first half of 2019 ending June 30, GFF saw a decrease in volumes by 4.9% compared to the same period the […]
  • Chelsea Toczauer
  • August 6, 2019

US-China trade tariffs hit Hong Kong’s local airfreight market 

DHL Hong Kong Air Trade Leading Index’s (DTI) latest quarterly report indicates that ongoing trade disputes between the U.S. and China are also negatively impacting Hong Kong’s air imports and exports.  The DTI quarterly report, commissioned by DHL Hong Kong and conducted independently by the Hong Kong Productivity Council (HKPC), assesses air traders’ forward-looking business outlook for air import […]
  • Chelsea Toczauer
  • July 31, 2019

Deutsche Post DHL, Austrian Post ink last-mile parcel delivery agreement

Today, Deutsche Post DHL Group announced it signed an agreement with Austrian Post to facilitate last-mile parcel delivery for cross-border shipments in Slovakia and the Czech Republic.   Under the agreement, Austrian Post subsidiary In Time will deliver parcels sent by DHL customers to Slovakia. Meanwhile, Deutsche Post DHL Group’s Czech subsidiary, PPL CZ, will deliver parcels sent by […]
  • Chelsea Toczauer
  • July 30, 2019

E-commerce fulfillment costs are rising faster than revenue, Cargo Facts Consulting finds

In September 2019, Cargo Facts Consulting will publish a new report, the Global E-Commerce Logistics Outlook, to help companies craft their strategies towards a segment that has become increasingly important in logistics. This first in a series of articles leading up to the publication of the report gives insight into our evolving research. E-commerce logistics […]
  • Frederic Horst
  • July 19, 2019

United Cargo, Freightos team up on booking portal 

Today, United Cargo announced that it will be working with WebCargo by Freightos, a freight sales digitization platform, to develop an online booking portal.  The portal – which will support customers’ ability to book online, view prices, and see real-time updates on United’s cargo network – will be the first in a series of digital upgrades that the carrier plans to implement. Further details are yet to be announced.  Digitization has been a […]
  • Brianne Ledda
  • July 16, 2019

DHL report urges businesses to fully implement e-commerce strategies

Today, DHL released its report on “The E-Commerce Supply Chain: Overcoming Growing Pains,” calling on businesses to “urgently” solve their e-commerce supply chain challenges. In the report, DHL found that a majority of companies have failed to fully implement an e-commerce strategy, despite recognizing its importance.   According to DHL, the evolving demands of e-commerce will compel over 50% […]
  • Chelsea Toczauer
  • July 9, 2019

Atlas Air chief Flynn retires, with Dietrich to take the helm in 2020 

President and Chief Executive Officer William Flynn at Atlas Air Worldwide Holdings will step back to chairman of the board at the end of this year, Atlas announced today. The current EVP and Chief Operating Officer at Atlas, John Dietrich, is set to take Flynn’s place as president effective immediately. He’ll also take over as CEO when Flynn […]
  • Brianne Ledda
  • July 2, 2019

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 […]
  • Brianne Ledda
  • June 27, 2019

Volga-Dnepr, Leipzig/Halle operator ink agreement for cargo and business development

Today, Volga-Dnepr Group and Mitteldeutsche Flughafen AG (MFAG), the company that manages Leipzig/Halle Airport (LEJ), signed a Memorandum of Understanding (MOU) expanding their strategic partnership at LEJ. The agreement is intended to boost cargo infrastructure development at the airport and establish LEJ as a multimodal hub for Volga-Dnepr’s scheduled and charter operations.  Under the agreement, the two […]
  • Chelsea Toczauer
  • June 18, 2019

Leipzig approves massive cargo expansion plan

Today, Leipzig/Halle Airport’s (LEJ) supervisory board approved a major investment package that will support the expansion of air cargo and logistics infrastructure at the airport, including the construction of a second “Cargo City.”  The supervisory board representing Mittledeutsche Flughaven AG, which owns and manages the airport unanimously voted in support of developing new apron areas, logistics and office buildings in […]
  • Chelsea Toczauer
  • June 4, 2019

Panalpina, DHL GF join growing list of digital freight sales platforms

Two more companies have joined the now not-so-exclusive group of logistics providers offering digital freight sales platforms available in air cargo – today, Panalpina announced it will present its new customer platform at Air Cargo Europe 2019 in Munich this week, while DHL Global Forwarding (DHL GF) launched its own platform last week. While the growing number of these […]
  • Chelsea Toczauer
  • June 3, 2019
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