Volga-Dnepr Group misses targets, begins restructuring process

Russia-based Volga-Dnepr Group will be executing a restructuring plan after the group’s three carriers – AirBridgeCargo (ABC), ATRAN and Volga-Dnepr Airlines (VDA) – saw their collective traffic drop by 6% in the first half of 2019, to 2.6 million FTKs, missing targets by 20%. While an immediate change involves the appointment of a new general […]

Temperature-controlled products heat up air cargo demand

With news of July being the hottest on record, it seemed fitting that we take a look at temperature-controlled air cargo. Indeed, a number of freight forwarders noted in recent earnings reports that temperature-controlled volumes were a bright spot in an otherwise disappointing first half of the year for air cargo. However, while temperature-controlled products […]

CSafe opens cool-container service center near Amsterdam 

Today, U.S.-based CSafe Global expanded its footprint in Europe with the announcement it had opened a new service center in Hoofddorp, Netherlands.   The new facility is located 9 minutes by road from Amsterdam Schiphol Airport (AMS) and is designed to service inbound and outbound traffic of the company’s active temperature-controlled container models, CSafe RKN and CSafe RAP, used by carriers at the airport.   CSafe’s RAP […]

United Cargo expands TempControl network and services

Today, United Cargo announced that it would be expanding its TempControl services for shipping pharmaceutical, helathcare material and other temperature-sensitive cargo to Mexico City International Airport (MEX) through an interline agreement with AeroUnion.  Under the agreement, United Cargo will transport TempControl shipments to Los Angeles International Airport (LAX), which will then be transferred to AeroUnion’s daily widebody service to MEX. TempControl shipments going to MEX can depart from any certified handling location in the […]

Cargo Insights: How to regulate the ‘Wild West’ of e-commerce?

Anyone who watched the television show “Gunsmoke” knows that the American “Wild West” could be a dangerous place where notorious outlaws preyed on small towns to enrich themselves at the expense of others. Law enforcement was present but, in many cases, spread thin so the local sheriff would usually form a group of willing and […]

The Freight 50: Sharpest climbs and falls among carriers

As noted in this year's Freight 50 feature, DHL reported the strongest y-o-y growth during 2018. The second-fastest grower on the list, Vietnam Airlines, made its first appearance on the Freight 50 list at the No. 46 spot thanks to year-over-year growth of 170.2% during 2018. Although many Chinese carriers have struggled to maintain growth […]

The Freight 50: 2018’s top carriers standing strong in the face of headwinds

Signs of a slowdown in global trade and airfreight demand had already begun to surface last year, and in 2019 have materialized into a challenging global economic environment. This year’s headwinds, however, did not come as a major surprise to the industry, where leaders had warned of the eventual consequences of erecting trade barriers and […]

UPS invests in TuSimple autonomous driving company 

UPS’ venture capital arm, UPS Ventures, made a minority stake investment in autonomous driving developer TuSimple, UPS announced today. With this investment, the companies are working together to test self-driving tractor trailers in Arizona.   UPS and TuSimple initiated self-driving tests in May 2019 on a route between Phoenix and Tucson, Arizona. During the tests, UPS provides truckloads of […]
  • Chelsea Toczauer
  • August 15, 2019

LATAM sees dip in Q2 cargo traffic, revenue

LATAM Airlines’ cargo traffic declined 2.9% y-o-y during the second quarter to 849 million freight tonne kilometers (FTKs), leading to a 10.2% y-o-y decline in cargo revenue to US$269.3 million, the company said today during its earnings call. LATAM said that these figures were particularly impacted by the sale of the company’s former subsidiary MasAir in the second half of […]
  • Chelsea Toczauer
  • August 14, 2019

HKG begins recovery of full flight operations

Hong Kong International Airport (HKG) today began the rescheduling and recovery of its flight operations, as protesters released a statement apologizing for the disruption that they had caused over the last two days. Late last night, the airport authority obtained an injunction against the unlawful and willful obstruction of or interference with the proper use […]
  • Jeff Lee
  • August 14, 2019

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

time:matters expands network with 3 new Asia locations

Today, Lufthansa Cargo’s time-critical logistics subsidiary time:matters announced the expansion of its Sameday Air network for urgent shipments in Asia to include three new locations in Tokyo (NRT), Bangkok (BKK) and Singapore (SIN).   Flights to these three destinations will connect to the company’s locations in Europe, Israel, the U.S. and Mexico through 21 Sameday Air partner airlines.  According to time:matters, urgently required shipments at Asian […]
  • Chelsea Toczauer
  • August 14, 2019

Flights canceled for second day in a row at HKG, but minimal impact on freighters

HONG KONG – Hong Kong International Airport (HKG) announced the suspension of all check-in processes at around 4:30 p.m. local time this afternoon after protesters occupied much of the passenger terminal, resulting in the cancellation of a large number of flights scheduled to depart in the evening. However, the scale of the cancellations was nowhere […]
  • Jeff Lee
  • August 13, 2019

A new Teutonic order: how reimagination guides German innovations in air cargo

Did you know that the success of the Germanic Teutonic Order in the 13th and 14th centuries relied heavily on the innovative adoption and application of horses, crossbows, and brick and mortar? Beyond integrating horses and crossbows into their military combat strategies, which gave them an advantage over various populations, they also constructed brick and […]
  • Chelsea Toczauer
  • August 13, 2019

David Kerr leaving CargoLogicAir

David Kerr, the CEO of London-based all-cargo carrier CargoLogicAir (CLA), is leaving his leadership position with the carrier. It is unclear at this time who will take over the vacant leadership role at CLA. However, The Loadstar has reported that the carrier will “consolidate the CEO role into the COO position,” which is held by […]
  • Caryn Livingston
  • August 13, 2019

Slow trade lingers in European carrier traffic stats for July 

In July’s first look, European carriers reported mixed results, indicating that the impact of protectionist policies on global trade and major carriers’ traffic lingers. Both Lufthansa Group and Air France-KLM reported year-over-year declines in cargo traffic, while International Airlines Group’s July performance was flat, in comparison to 2018. Only Turkish Cargo reported significant volume growth for the month.  For the first […]
  • Chelsea Toczauer
  • August 13, 2019

Forwarders’ focus turns to margins in the uncertain global environment

Now that the major freight forwarders have reported their earnings for the first half of 2019, a look at the market finds one of lower airfreight volumes and positive oceanfreight volumes. However, the lesson learned from years past was that volumes do not always equate to profit. Today, the focus is on profits. Simple common […]
  • Cathy Roberson
  • August 12, 2019

HKG freighter flights mostly unaffected by ground stop

HONG KONG – Freighter flights have continued to depart and arrive at HKG as usual, despite a flight stoppage ordered by Hong Kong’s airport authority today. However, cargo was booked to fly on many of the canceled passenger flights, and so shipments moving in the belly hold will likely encounter delays in the days to […]
  • Jeff Lee
  • August 12, 2019

Qantas Freight expands Australia Post agreement

The cargo branch of Australian carrier Qantas, Qantas Freight, announced the expansion of its AU$1 billion (US$675 million) domestic and international airfreight agreement with Australia Post to support growing e-commerce demand for parcel shipment. Under the seven-year agreement, Australia Post will have access to space on Qantas Freight’s freighter fleet, as well as priority access […]
  • Caryn Livingston
  • August 12, 2019

Turkish Cargo growth continues in July  

Turkish Cargo’s preliminary figures for July show the carrier has continued to outpace the overall air cargo market with continued growth, even in the volatile global political-economic environment.   Turkish Cargo reported a 12.2% y-o-y increase in cargo volumes during July, to just over 134,000 tonnes. For the first seven months of 2019, cargo volumes are up […]
  • Chelsea Toczauer
  • August 12, 2019

More than strikes, CAAC warning could deal direct blow to Cathay Pacific Cargo

HONG KONG – The Civil Aviation Administration of China (CAAC) has just issued what it called a “severe safety warning” to Hong Kong-based Cathay Pacific in response to what it perceived as “safety risks recently exposed” by the airline. If enforced, the warning could impact not only flights connecting mainland China, but potentially Cathay flights […]
  • Jeff Lee
  • August 9, 2019
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