FedEx anticipates record-breaking peak season, warns of trade tensions

During FedEx’s FY Q1 2019 earnings call yesterday, CEO Fred Smith said the company is anticipating record-breaking volume during this year’s peak season. The positive news follows the company’s announcement last week that it will expand its U.S. ground operations to six days a week in response increased demand for e-commerce – this, despite current […]
  • Nina Chamlou
  • September 18, 2018

AAPA: 5 percent FTK growth in July

Today the Association Asia Pacific Airlines (AAPA) released its traffic results for the month of July, indicating a 5 percent growth in freight tonne kilometers (FTKs) among member airlines. “For the upcoming months, the global economic outlook remains positive, despite some concern that uncertainties over future trade policy could undermine business confidence international,” said Andrew […]
  • Nina Chamlou
  • August 27, 2018

XPO Logistics reports 178 percent increase in net income in Q2

Today, XPO Logistics hosted its interim earnings call for the three months ended June 30 – reporting an overall net income increase of 178 percent to US$159 million, compared to the same period last year. The company said second-quarter growth was led by continued “demand for e-commerce logistics globally, as well as by the consumer-packaged […]
  • Nina Chamlou
  • August 2, 2018

U-Freight endorses WCO framework as trade war heats up

As international trade policy tensions continue to swell, Hong Kong-based logistics firm U-Freight Group has advocated for use of the World Customs Organization’s (WCO’s) newest publication – today releasing a statement that advocates the merits of the framework, which were created to help customs and other government agencies navigate challenges with cross-border e-commerce activity. The […]
  • Nina Chamlou
  • July 20, 2018

U.K. makes concrete E.U. trade-relations proposals anticipating Brexit

Just before President Trump made his first state visit to the U.K., the British government finally released a long-awaited document containing tangible plans for its trade relations with European Union countries.  With the U.K.’s departure from the E.U. set to take place in eight months, the nation’s forwarding community is giving the plan mixed reviews. […]
  • Nina Chamlou
  • July 13, 2018

IATA: Demand growth slows in May, as protectionist policies loom

May reports from the International Air Transport Association (IATA) and WorldACD show that the 2017 heyday of double-digit growth rates in the global air freight market are officially returning to normal levels. The organization said freight tonne kilometers (FTKs) increased by a moderate 4.2 percent, year-over-year, for the month of May. The figure is an […]
  • Nina Chamlou
  • July 6, 2018

Independence Fray: Taking a holiday on free trade

Today, we at Air Cargo World are taking the day off to celebrate the United States’ hard-won independence from its Mother Country 242 years ago. We Americans will break out the usual red, white and blue bunting and march in star-spangled parades. But this year, the celebration feels a little different – the fireworks a […]
  • Randy Woods
  • July 4, 2018

Trade War Fallout: 5 ways the Trump tariffs could impact air cargo

In trade wars, there tend to many casualties and few winners. But in the current politically charged climate, a trade war is now a reality, as the United States decided in March to adopt an aggressive protectionist policy to correct what the Trump administration believes is a crippling trade deficit between the U.S. and several […]
  • Randy Woods
  • June 21, 2018

DHL CEO Appel says ‘Protectionism is the wrong path’

Deutsche Post-DHL Group CEO Frank Appel joined industry leaders in denouncing the economic policy of protectionism in a speech delivered at the company’s annual general meeting this week, calling it “the wrong path, no matter where it is or what form it takes.” Many industry members – including CEO of Alibaba, Jack Ma, and the […]
  • Nina Chamlou
  • April 24, 2018

Alibaba’s Ma cautions against U.S.-China trade war

Stakeholders in the air cargo industry have been critical of U.S. President Donald Trump’s protectionist rhetoric since before he took office in 2017. Yesterday, Alibaba chairman Jack Ma added to the chorus of disapproval as he discouraged pursuit of a trade war between China and the United States, while embracing “American-led globalization.” Ma’s commentary on […]
  • Caryn Livingston
  • April 12, 2018

GSA hosts economics meeting, supports E.U.’s free-trade stance

International trade group Global Shippers’ Alliance (GSA) met on Mar. 26 and 27 in Hong Kong to discuss the implications of proposed U.S. tariffs and increasingly strained trade relations that industry players in Asia, North America, the U.K. and the European Union may face in the near future. The European shippers’ group pledged its support […]
  • Nina Chamlou
  • March 30, 2018

British traders say Brexit talks must move faster to prevent disaster

Britain’s economy faces a “disaster,” unless Prime Minister Theresa May’s administration picks up the pace of Brexit negotiations, said Britain’s largest transport trade association, the Freight Transport Association (FTA). “The clock is ticking and we urgently need agreement on the first phase of negotiations so we can move on to crucial issues such as trade, […]
  • Lewis King
  • July 17, 2017

Bridges to Breakthroughs: How free trade can survive in a protectionist world

A war on the Korean peninsula would be unthinkable for global supply chains. “If Korea is hit by a missile,” Soo Kyoum Kim, of IDC Research told Bloomberg, “all electronics production will stop.” South Korea’s semiconductor manufacturers supply two-thirds of the world’s electronic memory chips, and it was the country’s indispensability to the global economy […]
  • Lewis King
  • June 5, 2017

China-UK railroad corridor spells trouble for airfreight

The first container train from China reached the U.K. today, arriving at the London Eurohub in Barking. Completed in 18 days, the rail transit connection threatens to disrupt China-Europe supply chains, with airfreight appearing especially vulnerable. The 10,000- to 12,000-kilometer transit takes 12 to 18 days, depending on the route used, and is attractive for […]
  • Lewis King
  • January 18, 2017
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