This year, I resolve to put infrastructure ahead of technology

Recent statistics indicate that only 9 percent of New Year’s resolutions made are ever kept for more than a few weeks. At the beginning of each year, many of us promise to eat less, get more exercise, increase charitable contributions or find other creative ways to improve ourselves in hopes of a brighter future. Personally, […]

Siemens to cooperate with digitalizing Cathay’s cargo operations in Hong Kong

German-based Siemens Postal, Parcel & Airport Logistics (SPPAL) and Cathay Pacific Services Ltd. have signed a memorandum of understanding (MOU) to digitalize Cathay Services’ terminal infrastructure at Hong Kong International Airport (HKG). The project will include the application of predictive maintenance to the airfreight handling system, installed by Siemens in 2013, to optimize process workflows […]

UPS makes major investment in cross-border e-commerce

At a UPS “Transformation Conference” in New York today, the company outlined plans for expanding and automating its international and domestic express services to better accommodate burgeoning cross-border e-commerce volumes, justifying the major capital expenditures with larger expected returns on revenue. For more details, see the article below in our sister publication, Cargo Facts: UPS […]

DHL GF, Ethiopian Airlines launch JV to build logistics infrastructure in Africa

DHL Global Forwarding and Ethiopian Airlines have entered a joint venture (JV), “DHL-Ethiopian Airlines Logistics Services Ltd.,” that will serve the entire continent of Africa based from Ethiopia – with Ethiopian Airlines holding a majority stake in the venture. “With its GDP growth, Africa is stepping into the spotlight as production hub,” CEO of DHL […]

A glimpse into the future of forwarding – through a cloudy crystal

If forecasting is the art of predicting what will be, and later explaining why it didn’t happen, then this may be as clear a glimpse of the future as we’re going to get. Freight transportation performance last year turned out to be one of the best in almost a decade, resulting from many factors, including […]

Infrastructure issue bridges gap between forwarders, integrators

A decade-old major highway bridge collapse in Minneapolis still serves as a deadly reminder of the price our nation pays for lack of transportation infrastructure investment. The incident, which happened without warning over the Mississippi River on Aug. 1, 2007, took the lives of 13 people and injured 145 more during the evening rush-hour commute. […]

CFS: FedEx e-commerce services form bulwark against Amazon’s market hegemony [VIDEO]

MIAMI — With FedEx’s chief of marketing and communications officer Rajesh Subramaniam on stage here at this year’s Cargo Facts Symposium, the audience had the opportunity to catch up on developments at the rapidly growing integrator. Subramaniam talked about everything from the company’s active role in the national discourse surrounding free trade, to the implications […]

Infrastructure earnings offset declining logistics revenues at Agility

Kuwait-based freight forwarder Agility reported a net profit of US$51.59 million in its third quarter financial results for 2016, an increase of 11 percent over Q3 2015. Third-quarter EBITDA, meanwhile, rose 19 percent, year-over-year, to $94.97 million, despite revenues falling 7 percent, y-o-y, to $1.03 billion. Logistics revenues declined 8 percent, y-o-y, to $751.4 million […]

U.K.-based carriers, airports search for Brexit signs

Last month’s British vote to bow out of the European Union has unleashed political turmoil across the nation. In the logistics industry, responses to the “Brexit” have been less dramatic, but operators are bracing themselves for tough and uncertain times ahead. Initial reactions showed consternation and confusion in the face of an outcome that had […]

FTA: Runway delay at Heathrow costly to U.K.’s image

After this week’s announcement from the British government that the decision to add a third runway at London’s Heathrow Airport will be delayed until mid-2016, the U.K.’s Freight Transport Association (FTA) weighed in on Thursday, warning that further delays will do irreparable harm to the U.K.’s ability to seek investment from overseas. “Yet another delay […]

Panalpina opens office in Myanmar

Part of Panalpina’s global strategy is to enter into developing countries.  As of August, the Swiss forwarder has opened an office in Myanmar’s largest city, Yangon. Panalpina’s team in Yangon will be handling air and ocean freight shipments for import and export. Myanmar was cut off from international trade for several decades until a civilian […]

China to invest $80B on aviation

Facing economic reports that point to the slowest quarterly growth in the last six years, China’s aviation regulatory agency said the country will spend RMB500 billion (US$80 billion) on nearly 200 domestic aviation projects this year alone. Reuters reported that the investment figure was mentioned in the transcript of remarks that will be given on […]