Early 2018 holiday shopping breaks peak season records

Following on the heels of China’s 11.11 shopping holiday, numbers are out for Black Friday and Cyber Monday. American shoppers kicked off the start of the shopping season in the United States, spending US$24.2 billion shopping online — 23 percent more than what they spent over the same five days in 2017. American consumers spent […]

One more regulatory hurdle cleared for FedEx, TNT

The US$4.8 billion acquisition of TNT by FedEx moved one step closer to approval, with Brazilian regulatory authorities giving the transaction its green light. The acceptance period for the deal was extended for two weeks on Jan. 8, following the satisfaction or waiver of the offer condition with respect to these competition clearances. “We are […]

Stifel Confidence Index hits new low as 2015 expires

Each month, the Stifel Logistics Confidence Index allows us to look into the crystal ball to reveal possible future trends in logistics. Reflecting back on December 2015, very few people in the industry like what they see for 2016 , based on current experience. The overall December index, calculated from the survey responses of approximately […]

HSBC sees improved world trade in 2016

While several air cargo pundits are viewing 2016 under a general cloud of gloom, HSBC Bank is seeing a sunnier horizon for global trade. According to the latest findings from its latest Global Connections Trade Forecast and Trade Confidence survey, 64 percent of respondents said that trade volumes will increase over the next six months. […]

Consumers prefer low cost over speed during peak

While more peak-season shopping will likely be done online this year than ever before in North America, one of the most important factors in a shopper’s decision to use the web will be cost rather than speed of delivery, according to a consumer survey conducted by Canadian parcel and freight service Purolater International, along with […]

XPO to transport helicopters from Brazil to U.K.

Eight Lynx Mk21A helicopters will be transported by XPO Logistics from Brazil to the U.K. for AgustaWestland, a major manufacturer of rotary-wing aircraft. XPO, which  has a long-standing relationship with AgustaWestland for the transportation of helicopter parts, will be transporting these helicopters for a phased upgrade program for the Brazilian Navy. AgustaWestland said it plans […]

Forwarders, logistics companies applaud TPP

All 12 countries involved in the five-year negotiation process for the Trans-Pacific Partnership (TPP) have reached a meeting of the minds on the free-trade agreement, as have some airfreight organizations, such as the U.S. Airforwarders Association (AfA), FedEx and UPS. The agreement will cover approximately 40 percent of the global marketplace and will accelerate the […]

Cuba: The wild card of the Caribbean

With relations softening between the United States and Cuba, one has to wonder about the possibilities of trade and business opportunities for the Caribbean region should the final trade barriers fall. U.S.-based transportation and logistics company Crowley has been shipping goods to Cuba since 2001 by sea, mostly poultry and food products. Jay Brickman, Crowley’s […]

GEFCO Group acquires IJS Global

The GEFCO Group which specializes in automotive logistics has acquired Netherlands-based forwarder IJS Global, from private equity firm Nimbus. The two companies said they will combine their expertise and geographic networks. IJS Global was founded in 2004 as an air and sea freight forwarder. With its headquarters in Amsterdam, it employs approximately 500 people, generating US$179.5 […]

CHEP Aerospace receives dual certification

CHEP Aerospace Solutions, which provides ULD management and MRO services to airlines, has received certification from both the Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA) for the maintenance and repair of aviation equipment. Several airports in the United States and in Europe have been approved for CHEP stations including Dallas-Ft. Worth, […]

Centrolene launches forwarder network

Centrolene Network, a membership-based organization, has introduced its network, allowing freight forwarders to go from being local to global. The network is built around a technology platform called the Centrolene C-Suite, which includes the C-Tower which allows forwarder’s customers to access alerts, analytics and reports they need to manage their supply chains; the C-Link, a […]

Bulgaria closes its airspace to Russian freighters

With Russia reported to be positioning about a half-dozen tanks at an airfield in Syria, the Ministry of Foreign Affairs of the Republic of Bulgaria has refused to grant clearance to Russian military transport aircraft to fly through Bulgarian air space on the way to Syria from Russia through Sept. 24. The reason for the […]

e-AWB adoptions slip for second month

Despite encouragement by IATA, the adoption of electronic airway bills (e-AWB) has not exactly taken the industry by storm this spring. After reaching a peak of 26.9 percent in February, the adoption rate dropped by 0.7 percentage points in March and a further 0.3 percent in April, according to IATA’s latest release.. The two-month cumulative […]

UPS study: E-commerce habits vary by culture

ComScore Inc. and UPS released their second UPS Pulse of the Online Shopper global study, which revealed emerging trends from the leading e-commerce markets in Asia, Brazil, Europe, Mexico and the United. States. Online shoppers across these markets are looking for alternate delivery options, the survey found. This is especially in demand in Asia, where […]
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