Panalpina confirms DSV takeover bid for US$4 billion

This morning, the Panalpina board of directors confirmed that it had received an unsolicited, non-binding proposal from Danish logistics rival DSV to purchase the Swiss forwarding giant.  The offer was for CHF170 per share, from a combination of cash and DSV shares, adding up to about US$4 billion. The board stated that “according to its […]

Lufthansa Cargo, Air France-KLM-Martinair squeak by with marginal growth in December

This week, two of Europe’s largest cargo carriers, Lufthansa Cargo and Air France-KLM-Martinair, released their results for December 2018, in which both saw increased traffic, despite an industry-wide plateau in peak-season demand – each reporting revenue-tonne-kilometer (RTK) growth of 0.4 percent and 1.4 percent, respectively. While the marginal increases are an achievement in themselves, in […]
  • Nina Chamlou
  • January 11, 2019

Volume at LHR decreases 8 percent in December, y-o-y

London Heathrow Airport (LHR) released its end-of-the-year results, kicking off a highly anticipated 2019 (read: the year the Brexit ax drops) with some similarly anxiety-inducing cargo traffic figures. Volume at LHR during December decreased 3.6 percent to 132,005 tonnes, year-over-year, and was essentially flat, growing just 0.1 percent for the whole year, to 1.66 million […]
  • Nina Chamlou
  • January 11, 2019

Cargo pallet catches fire at HKG, cause uncertain

On Jan. 8, a cargo pallet caught fire at Hong Kong International Airport (HKG). Cause of the fire remains uncertain, but airport authorities have arrested a man connected to the incident for further questioning. The cargo pallet caught fire outside HKG’s midfield terminal while awaiting loading onto a Hong Kong Airlines plane set for Taipei […]
  • Chelsea Toczauer
  • January 10, 2019

Oman Air Cargo digitalizes communications with CHAMP

Oman Air Cargo is the latest carrier to jump onboard the digitalization train by offering its customers electronic access to its capacity via Traxon cargoHUB, a digital messaging platform for carriers and forwarders from U.S.-based IT firm CHAMP. The platform is compatible with IATA’s electronic air waybill (e-AWB) initiative, called e-Freight, which aims to replace […]
  • Nina Chamlou
  • January 10, 2019

Emirates SkyCargo, LATAM launch new South American routes

Two airlines are kicking off the year with new cargo routes in Latin America – this week, LATAM and Emirates SkyCargo announcing new services connecting their respective hubs to new destinations in the region. LATAM’s new route will link Santiago (SCL) to Chicago (ORD) starting on Feb. 19, addressing the growing demand for South American […]
  • Nina Chamlou
  • January 10, 2019

Emirates SkyCargo reports 4 percent increase in 2018 traffic

Logistics companies and carriers are beginning to release their end-of-the-year results – one of the first being Dubai-based Emirates SkyCargo, which moved 2.6 million tonnes of cargo during the year, a 4 percent increase over the 2.5 million tonnes it moved in 2017. One reason for the increase could be the expansion of its global network, […]
  • Nina Chamlou
  • January 9, 2019

AirAsia X, Unilode extend ULD partnership

AirAsia X, the long-haul affiliate of Malaysia-based carrier Air Asia, and Switzerland-based Unilode Aviation Solutions, have extended their unit load device (ULD) management agreement to 2023, the companies announced today. This renewal marks the second extension of the partnership over the past ten years. With the extension of the agreement, which began in 2009, Unilode […]
  • Chelsea Toczauer
  • January 9, 2019

Overall air cargo demand is flat, but certain pockets thrive

The 31-month streak of year-over-year increases in demand for air freight had to end sometime, and that time has now arrived, according to the latest roundup of November 2018 air cargo totals from IATA, as well as from cargo analysts WorldACD. However, while the current trade environment and flat macro-economic averages portray a grim picture […]
  • Nina Chamlou
  • January 8, 2019

Phase one of Hermes 5 implementation completed at LUX

Today, U.K.-based Hermes Logistics Technologies announced that Luxembourg Airport (LUX) finished the first phase of the installation of its Hermes 5 (H5) cargo management system . LUX began to implement the H5 Cargo system in October 2018 and expects the process to be fully completed by mid-2019. The H5 system, customized for Luxembourg-based ground handler, […]
  • Chelsea Toczauer
  • January 8, 2019

Logistics startups to compete in Cargo Facts EMEA DEMOvation Challenge

Does your startup have what it takes to compete at the 2019 DEMOvation Challenge? The challenge, which will take place on Feb. 5 at the premiere Cargo Facts EMEA in Frankfurt, will offer unique demonstrations of innovative aviation and logistics technology in front of an engaged and enthusiastic audience of industry professionals. The winner of […]
  • Randy Woods
  • January 7, 2019

Hong Kong, Brussels airports to form cool-chain corridor with Pharma.Aero

Today, Hong Kong International Airport (HKIA), Brussels Airport (BRU) and Pharma.Aero – a group centered around upholding pharma shipping standards – released news of a three-way collaboration to launch a pharma corridor that will create a seamless cold-chain link between the two major international airfreight hubs. Shipments travelling along the route will be handled in […]
  • Nina Chamlou
  • January 7, 2019

JD Logistics uses robots for last-mile delivery in new smart service centers [VIDEO]

Chinese e-commerce giant JD.com is forwarding an artificial intelligence (A.I.)-enabled future in logistics the launch of two “smart” delivery stations in Changsha and Hohhot, which utilize robots and facial recognition software – and cuteness, let’s admit – to complete last-mile deliveries. The golf cart-sized autonomous vehicles, complete with a front screen display that suggests cartoon […]
  • Nina Chamlou
  • January 7, 2019

November air cargo demand plateaus for Asia-Pacific carriers

Soon after WorldACD released data at the end of last year indicating a surprising slowdown in air cargo demand for the month of November 2018, the preliminary report for the same month from Association of Asia Pacific Airlines (AAPA) today indicated similarly flat year-over-year demand in the Asia-Pacific region. However, the November 2017 figures that […]
  • Randy Woods
  • January 7, 2019

Runway enhancements to begin at Shreveport Regional Airport

Today, construction work will begin on a project that will extend Shreveport Regional Airport’s (SHV) second runway by 850 feet, to 7,000 feet. The project is funded in part by a U.S. $16 million grant from the Federal Aviation Administration, and will be used to improve efficiency, and to minimize cargo and passenger flight disruptions […]
  • Charles Kauffman
  • January 7, 2019
Page 2 of 43612345 102030...Last »