Challenging first half for Lufthansa Cargo in interim results

Lufthansa Group reported a 2% year-over-year decline in traffic for both the second quarter and first half of 2019, which the group attributed to “lower economic growth and market uncertainty in the face of trade conflicts and Brexit.”  Traffic figures stood at 4.50 billion revenue tonne kilometers (RTKs) for Q2 and 5.24 billion RTKs for the first […]
  • Caryn Livingston
  • July 30, 2019

Sennder raises $70m in bid to take on antiquated logistics market

Berlin-based ground logistics company Sennder recently secured US$70 million in a Series C funding round led by Lakestar, according to TechCrunch, which estimates that Sennder’s valuation is approximately US$300 million.  Sennder raised a Series B totaling $30 million earlier this spring. The startup intends to carve out a niche in the European logistics market by supporting the operations of “full truck […]
  • Brianne Ledda
  • July 22, 2019

European carriers report mixed results for June

In the first look at European carrier results for June, mixed results indicate ongoing concerns over protectionist policies on global trade are justified. Both Lufthansa Group and Air France-KLM reported year-over-year declines in cargo traffic, while International Airlines Group’s June performance was mostly flat with 2018. Only Turkish Cargo reported significant growth for the month. […]
  • Caryn Livingston
  • July 16, 2019

May traffic declines reflect trade war damage, says IATA

The International Air Transport Association (IATA) released data today indicating that demand, measured in freight tonne kilometers (FTKs), decreased by 3.4% y-o-y in May. The analysis, which shows a slight improvement from the 5.6% dip in April, confirms previous Air Cargo World reports on May traffic.   Freight capacity growth, which rose 1.3% y-o-y in May, continued to exceed growth in demand for the 13th […]
  • Brianne Ledda
  • July 3, 2019

UK retailers expect overseas demand spike this summer, says Royal Mail

This summer, 66% of SME retailers in the United Kingdom expect an increase in sales, and 39% expect to see an increase in overseas sales, according to a June report from the U.K.’s Royal Mail postal service.   The retailers surveyed reported that increased demand for summer goods will push the anticipated spike, thanks to warmer weather and vacation season. Almost three-quarters of retailers surveyed […]
  • Brianne Ledda
  • June 26, 2019

CAL Cargo adds flights to Houston

CAL Cargo Air Lines announced yesterday that it will be adding flights from Europe to Houston’s George Bush Intercontinental Airport (IAH) starting in mid-July, in an effort to enhance shipments related to oil and gas. The airline found that the IAH market – which mainly focuses on oil and gas – aligns with its group […]
  • Brianne Ledda
  • June 20, 2019

Flying taxi startups using European technology to debut in Asia

The world’s first passenger-drone services may debut in Asia -- but the technology behind these flying taxis will be largely European. Volocopter GmbH of Germany said Thursday it will open a landing facility in Singapore later this year for trial flights, while Austria’s FACC AG is working to produce hundreds of passenger drones for Chinese partner EHang Inc.by the […]
  • Bloomberg News
  • May 23, 2019

Frankfurt-Hahn, CASIL sign agreement to establish European hub

Today, Frankfurt-Hahn Airport (HHN) reported its new air-freight agreement with China Aerospace and Technology Corporation’s subsidiary, China Aerospace International Holdings Limited (CASIL). In the agreement, CASIL will operate several new flights to HHN and will establish the airport as its European hub. The new route is also the latest element of China’s sprawling initiative, as […]
  • Chelsea Toczauer
  • December 21, 2018

Swissport revamps regional management structure

Zurich-based cargo handler Swissport will consolidate its management structure from nine to three regions, effective Jan. 1, 2019. The three new positions will cover the EMEA (Europe, Middle East and Africa), APAC (Asia-Pacific) and Americas regions. The three new regional heads will report directly to Swissport’s CEO and president, Eric Born, replacing the current position […]
  • Chelsea Toczauer
  • December 11, 2018

Belgium-Alibaba deal will introduce European SMEs to Cainiao Network

In a memorandum of understanding (MOU) between the Belgian government and Alibaba signed yesterday, the two parties agreed to promote  cross-border e-commerce trade between China and Europe by bringing Alibaba’s Electronic World Trade Platform (“eWTP”) to Belgium. Trade promotion is expected to herald a major expansion of Alibaba’s Cainiao Network in Europe with a new […]
  • Randy Woods
  • December 6, 2018

Panalpina expands cold storage at Nairobi’s Jomo Kenyatta Airport

This week, Panalpina opened its expanded cold-storage space at Nairobi’s Jomo Kenyatta International Airport (NBO). With this development, the company seeks to strengthen both services for customers in the perishable industry, and its competitive position in the region. Panalpina has doubled its cold-storage space at the airport by 1,500 square meters. According to the company, […]
  • Chelsea Toczauer
  • November 29, 2018

CEVA Logistics sends successful ‘TIR’ truck from China to Europe

The original “Silk Road” between China and Europe is hardly a new form of overland travel, but CEVA Logistics Greater China is reconsidering the ancient trade route as an alternate mode of long-haul cargo transport that may be competitive to rail, ocean and even airfreight. On Monday, CEVA completed a trial run of its first […]
  • Chelsea Toczauer
  • November 28, 2018

Turkish Cargo launches freighter service from Europe to Ho Chi Minh

Turkish Cargo announced that it is adding freighter routes from Europe to Ho Chi Minh Airport (SGN) in Vietnam to its flight network. The new routes will be flown by the airline’s 777 freighters. Turkish has acquired three of the freighters since December 2017, and has at least two more on order with Boeing. Turkish […]
  • Chelsea Toczauer
  • November 5, 2018

Bridges Worldwide introduces new Mediterranean routes from Cologne

Today, British networks solutions provider Bridges Worldwide launched a new intra-European route linking Cologne Bonn Airport (CGN) with Malta and Larnaca, Cyprus. The new route has five flights per week and will be flown by a 737-400F owned by Spanish cargo specialist Swiftair, with cargo capacity of 20 tonnes per flight. The route is the […]
  • Chelsea Toczauer
  • October 31, 2018
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