DHL adds global gateway facility to O’Hare cargo development

DHL opened a 54,000 square-foot, US$10 million global gateway facility at O’Hare International Airport (ORD) last week, adding to Chicago’s growing northeast cargo campus, which DHL said was on track to be “the largest cargo development built at a U.S. airport in more than a decade, when completed in the next few years.” The new […]
  • Lewis King
  • October 30, 2017

Robust German economy keeps Frankfurt cargo volumes climbing

The German government increased its 2017 economic growth forecast this week to 2 percent for this year, up from its more conservative 1.5 percent estimate in April as the country’s economy steams ahead. At Frankfurt Airport (FRA), a 4.1 percent, year-over-year, growth in monthly cargo volumes for September support that outlook, as strong demand for […]
  • Lewis King
  • October 12, 2017

Regional industry, belly growth drive record volumes at Budapest Airport

Strong industrial activity across Central Europe pushed cargo volumes at Hungary’s Budapest Airport up 19.6 percent over the first seven months of 2017 to a record high, as the airport readies for even more U.S. traffic with the launch of new routes early next year. The latest numbers put the Central European airport on track […]
  • Lewis King
  • September 13, 2017

Seafreight woes boost cargo volumes at Hong Kong’s Hactl

Strong international trade and a shift from ocean to airfreight have pushed cargo volumes at Hong Kong Air Cargo Terminals Ltd. (Hactl) up 16.6 percent in the first half of 2017, according to the ground handler. Whatever the cause, some 860,242 tonnes of freight during those first six months are undeniable proof that exports, imports, […]
  • Lewis King
  • August 1, 2017

January, February cargo volumes warrant ‘cautious optimism,’ IATA says

The International Air Transport Association’s (IATA) February 2017 data shows an 8.4 percent increase in demand in global air freight markets, measured in freight tonne kilometers (FTKs), compared to the same period last year. Adjusting for the impact of the leap year in 2016, demand increased by 12 percent, almost four times the five-year average […]
  • Lewis King
  • April 6, 2017

DHL: Cross-border e-commerce to grow at 25 percent through 2020

Cross-border e-commerce will increase at an annual average rate of 25 percent between 2015 and 2020 (from US$300 billion to $900 billion), according to research published last week by DHL Express. That rate is twice the pace of domestic e-commerce retailers and manufacturers in the six countries featured in the study, and underscores the importance […]
  • Lewis King
  • February 7, 2017

Cargo growth levels off at Dubai’s DWC

Airfreight volumes at Al Maktoum International (DWC) registered an anemic increase during 2016, at just under 898,000 tonnes, up only 0.8 percent, compared to the nearly 891,000 tonnes handled during 2015. At this time last year, the airport announced that cargo volumes had surged 7.7 percent during 2015, compared to the previous year. But with […]
  • Lewis King
  • February 1, 2017

WCA eCommerce logistics network surpasses 100 members

After launching a dedicated e-commerce logistics network in mid-October, WCA Ltd. has seen more than 100 logistics companies apply for membership. Called WCA eCommerce, the new network allows member companies to trade directly with each other, to build volumes and to strengthen business ties. In its final form, the network will provide a platform for […]
  • Lewis King
  • November 29, 2016

Freightos CEO joins industry voices defending international trade

Nullifying the Trans Pacific Partnership would be an “inauguration gift to China at the expense of rapidly developing countries like Vietnam,” said Freightos CEO, Zvi Schreiber. He joins a growing list of industry leaders voicing concern that scuttling the deal would put the U.S. at a disadvantage, while empowering China, in direct contradiction to president […]
  • Lewis King
  • November 25, 2016