Digitalization trepidation: Turning words, worry into action

SINGAPORE — Much has been said this week about the sorry state of the air cargo industry’s alleged lack of digital savvy and reluctance to embrace new technology. For those fed up with such hand-wringing, the late-morning presentations in Wednesday’s Digital Cargo Track at the World Cargo Conference were a welcome tonic for air cargo professionals seeking […]
  • Randy Woods
  • March 13, 2019

Freightos’ connectivity study: Only a handful of air carriers make the grade

In its latest benchmarking study of air cargo carriers’ “digital maturity,” or their ability to connect with their customers through digital applications, Freightos said the industry has made great strides in its digitalization efforts, but it lags far behind the progress made in oceanfreight and is limited to only a handful of large carriers. The […]
  • Randy Woods
  • February 21, 2019

ABC inks short-term agreement with Jettainer for special cargo

AirBridgeCargo (ABC) has signed a leasing agreement with Jettainer on a short-term requirement that will grant the carrier access to the company’s fleet of ULDs – addressing demand for transportation of “special cargo,” such as live animals and automotive equipment. ABC said it experienced 25 percent growth in its volumes of special cargoes last year, […]
  • Nina Chamlou
  • February 19, 2019

Lufthansa Cargo’s added capacity underpins seasonal shipping efforts

Lufthansa Cargo has reinstated its annual capacity boost between Germany and the U.S. with the addition of its Frankfurt (FRA)-New York (JFK) MD-11 route, “exclusively for Deutsche Post [AG], and especially in the service of Santa Claus,” the carrier said today. The service will run until Jan. 3, offering space on the 60-tonne capacity widebody […]
  • Nina Chamlou
  • December 12, 2018

September traffic dips for Lufthansa Cargo, but Q3 earnings remain strong

Although the latest September airfreight traffic reports hinted at a coming slowdown for Lufthansa Cargo, the third-quarter numbers from the Lufthansa Group reported strong revenue growth from its Logistics business segment. Logistics was up 11 percent, year-over-year, in Q3 for 2018, reaching  €594 million. Earnings before interests and taxes (EBIT) for the unit was €25 million, […]
  • Randy Woods
  • October 30, 2018

Lufthansa’s time:matters buys German customs brokerage

Time-critical logistics firm time:matters has purchased Germany-based CB Customs Broker GmbH and Customs Broker Cargo Handling GmbH yesterday in a move to help speed up cross-border transactions. For now, both customs brokerages and time:matters will continue to operate as neutral partners, a company release said, offering services such as customs clearance and air cargo handling, […]
  • Randy Woods
  • September 14, 2018

The World of E-Commerce: Taking advantage of retail’s online revolution

Buzzword or not, the “e-commerce revolution” has reshaped not only the air cargo logistics chain but the overall retail market, on a global scale. With the rise of e-commerce giants such as Amazon in the United States, and Alibaba and JD.com in China, the need for e-commerce shipments to move across the globe in only […]
  • Staff Reports
  • September 10, 2018

Brussels Airlines, Lufthansa to begin cargo space agreement Sept. 1

This week, Brussels Airlines and its parent carrier, Lufthansa announced a start date for a cargo sharing agreement announced earlier this year that will allow Lufthansa to market bellyhold capacity on the Belgian subsidiary carrier, while offering Brussels Airlines access to Lufthansa’s portfolio of international destinations. For Lufthansa, the deal is a shortcut to capitalizing […]
  • Nina Chamlou
  • August 16, 2018

Freightos, Lufthansa Cargo collaborate on instant ‘e-booking’ of air cargo

In an effort to hasten the digitalization of the airfreight industry, online cargo marketplace Freightos has teamed up with Lufthansa Cargo to create a new online portal through which forwarders can compare rates and book air cargo space nearly instantly. By combining Freightos WebCargo and Lufthansa Cargo’s application programming interface (API) services, enabling forwarders to […]
  • Randy Woods
  • July 23, 2018

Lufthansa adds freighter service to Chengdu

Lufthansa Cargo has launched a new freighter service connecting Frankfurt and Chengdu (CTU), making it the fifth freighter destination the German carrier services in China, joining Shanghai, Beijing, Guangzhou and Hong Kong. “This extension to our network will allow us to offer solutions for the booming markets in the west of China,” said Frank Naeve, […]
  • Nina Chamlou
  • May 21, 2018

United, Lufthansa Cargo launch long-awaited joint venture

After nearly three years of negotiations, United Airlines and Lufthansa Cargo formally launched their air cargo joint venture (JV) last week, enabling both carriers to jointly manage sales and booking of standard and express shipments on routes between Europe and the United States. Effective May 3, the JV applies to selected routes from the U.S., […]
  • Randy Woods
  • May 7, 2018

Lufthansa to operate Brussels’ cargo capacity, while BRUcloud grows

Starting Sept. 1, 2018, Lufthansa Cargo will take the reins in selling affiliate Brussels Airlines’ cargo capacity. The move is expected to enhance two already complementary networks. Once it goes into effect, Brussels Airlines customers have access to Lufthansa Cargo’s route network, with about 300 destinations in more than 100 countries. In addition, Lufthansa’s customer […]
  • Nina Chamlou
  • March 29, 2018

Lufthansa Group reports ‘best results in history’ for 2017

Germany-based Lufthansa Group reported its “best results in history,” upon releasing its 2017 financial statement. The carrier’s adjusted earnings before interest and taxes (EBIT) rose a precipitous 70 percent to €3 billion, compared to the previous year, and revenues rose 12.4 percent, year-over-year, to €35.6 billion. Looking specifically at the logistics arm of the business, […]
  • Nina Chamlou
  • March 19, 2018
Page 1 of 712345 ...Last »