Agility sees another strong quarter for revenue, but airfreight falls

Kuwait-based logistics provider Agility reported a 3.2% year-over-year increase in its revenue for the second quarter alongside an 8.1% increase in profit for the quarter, despite an airfreight market afflicted by “volume declines and shifts that have resulted from U.S.-China tariffs and import restrictions,” the company said in a statement on the results. Across the […]
  • Caryn Livingston
  • August 14, 2019

Swissport International opens second warehouse at VIE

On June 28, Swissport International opened its second air cargo warehouse at Vienna International Airport (VIE).  The 2,100 square foot building is located directly adjacent to the airfield, allowing for faster transportation of cargo to and from the aircraft, according to Swissport. With the new facility, built by Flughafen Wien AG, the ground handler hosts a total of 7,000 […]
  • Brianne Ledda
  • July 1, 2019

Team Worldwide’s MIA bonded warehouse adds capacity to Caribbean, Central America

Team Worldwide, a US-based 3PL, recently opened a bonded warehouse in Miami in what Bob Imbriani, EVP, International, told Air Cargo World is essentially an “air-sea program” allowing for imports to Miami International Airport (MIA) and exports into the Caribbean and Central America.  The 3PL’s new warehouse offers Class 2 customs bonded warehousing and in-bond export consolidation, allowing for a 15-day window for […]
  • Caryn Livingston
  • June 11, 2019