Flexport prepares first charter flight with Atlas

It’s been only two and a half years since Flexport began operations as an online forwarder, but they have already reached a major milestone by chartering a 747 freighter flight from Hong Kong (HKG) to Los Angeles (LAX). Since we are in mid-November, Flexport is also getting a taste of life for forwarders at peak […]

JD.com developing heavy-load, fixed-wing drones [VIDEO]

BEIJING – At 1:30 p.m. on Nov. 7, a promoter in a rural village on the outskirts of Suqian, in China’s Jiangsu Province, phoned another villager to let him know his JD.com package had arrived. The order, placed just before midnight on the night before, was delivered via one of JD’s own-developed Y3 multi-rotor drones. […]
  • Charles Kauffman
  • November 14, 2017

BIFA shares Parliament’s concerns over U.K.’s post-Brexit customs plan

Aftrer the House of Commons Public Accounts Committee published a report critical of the government’s plans for customs procedures upon completion of the U.K.’s separation from the European Union, the British International Freight Association (BIFA) released a statement saying it agree with the report, adding that more needs to be done to address the uncertainty […]
  • Randy Woods
  • November 14, 2017

DHL expands Hong Kong hub as China market heats up

With last week’s 11/11 e-commerce holiday just the latest in a series of broken records for e-commerce volumes, companies are re-evaluating the scope of China’s market and positioning themselves for continued growth. Case in point: DHL Express announced a €335 million expansion of its Central Asia Hub (CAH) in Hong Kong, as the express shipper […]
  • Lewis King
  • November 14, 2017

UPS rallies behind U.S. Senate’s tax reform bill to slash corporate tax rate

UPS is publicly backing the latest version of the U.S. Senate’s tax reform bill, the “Tax Cuts and Jobs Act,” calling the draft, “a critical step in finding compromise on a tax structure that has not been updated in more than 30 years.” The Senate version, released last week after multiple delays, features a 15-percent-point […]
  • Lewis King
  • November 13, 2017

More dismal numbers from LATAM Cargo as RTKs slide

If there’s a “Latin America turnaround” happening, it sure didn’t manifest itself in LATAM Cargo’s books in the month of October, as the struggling cargo operator’s revenue tonne kilometers (RTKs) fell 2.9 percent, dragging the year-to-date total down to 1.5 percent. LATAM Cargo is also cutting capacity, with year-over-year available tonne kilometers down 3.9 percent […]
  • Lewis King
  • November 13, 2017

Natilus cargo drone closes second round of seed funding

Cargo drone startup Natilus announced that it has closed a second round of seed funding with investment from Starburst Ventures, Seraph Group, Gelt VC, Outpost Capital and Draper Associates. The funds will go towards “aggressively scaling,” in anticipation of the startup’s first Federal Aviation Administration-approved flight for its 30-foot prototype. The test flight is scheduled […]
  • Lewis King
  • November 13, 2017

DHL to break ground on ‘8-figure’ freight facility near Hanover Airport

European road-freight service provider DHL Freight is making “an eight-figure investment” in a new 7,800-square-meter freight hub at the Hanover Airport Business Park in Langenhagen, Germany. DHL Freight expects its investment to translate into improvements in LTL (less-than-truckload) and FTL (full-truck-load) transport. Groundbreaking is scheduled for the beginning of 2018. The investment is part of […]
  • Lewis King
  • November 13, 2017

CargoLogicAir’s scheduled route pays off with oil and gas industry

Since launching its first scheduled route in August, CargoLogicAir (CLA) has already carried more than 2,000 tonnes of cargo on the twice-weekly U.K.-to-Mexico service. The British all-cargo airline attributed the route’s success to demand from the oil and gas industry for space aboard the 747-400 freighter between the United States and Middle East. The freighter […]
  • Caryn Livingston
  • November 10, 2017

Volume growth slows at Fraport’s airports in October

The steady growth story at Fraport Group’s airports appears to be winding down at last, as cargo volumes at Frankfurt International Airport (FRA) rose by only 0.7 percent, year-over-year, in October to 192,263 tonnes. The slowdown in growth is hardly cause for alarm, however, as October’s total cargo volumes at FRA rank as the second-highest […]
  • Caryn Livingston
  • November 10, 2017

Turkish Cargo racks up another bumper third quarter

Turkish Airlines Cargo has posted yet another round of impressive gains, growing cargo revenues by 38.3 percent, year-over-year, to US$343 million for the third-quarter. With three months to go, Turkish Cargo is already 27 percent ahead of last year’s totals in terms of cargo tonnage carried, at 810,000 tonnes. Over the first nine months, Turkish’s […]
  • Lewis King
  • November 10, 2017

DHL customers prefer root canals to late shipments

In DHL’s 2017 Holiday Survey, 27 percent of the integrator’s customers surveyed said that they would “rather get a root canal than have personal holiday shipments come late,” which suggests that some 27 percent of customers haven’t yet experienced the skull-splitting agony of the dentists’ drill burrowing into their molars. Regardless, there’s a lot of […]
  • Lewis King
  • November 10, 2017

From good to better: Expeditors on the rebound in Q3

After spending years as the forwarder with most enviable quarterly reports, boasting margins that often topped 30 percent, Expeditors has seen some tougher sledding in recent months. While air and ocean volumes continued to rise, Seattle-based Expeditors endured a 6 percent decline in net income last year, compared to 2015, and margins that were merely good, […]
  • Randy Woods
  • November 9, 2017

Parcel, e-commerce, express deliver strong Q3 results for DP-DHL

Deutsche Post DHL Group (DP-DHL) reported record third-quarter results, marking the eighth quarter in a row during which DP-DHL posted an all-time quarterly high, as the group’s Express, Parcel and E-commerce business segments reported especially strong revenue growth. Of particular note was the group’s Parcel performance. While Parcel Germany revenue rose by 5.5 percent year-over-year […]
  • Caryn Livingston
  • November 9, 2017

EVA Air Cargo takes delivery of first 777 freighter

EVA Air Cargo took delivery of its first 777F yesterday and plans to put the new freighter in service on routes between Asia and North America later this month. The Taiwanese carrier ordered five 777 freighters from Boeing in 2015 and will take delivery of the remaining four by September 2019. As it adds the […]
  • Lewis King
  • November 9, 2017
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