Alibaba expects record volumes for latest ‘Single’s Day’ e-commerce event

China’s Alibaba revealed a preview of the promotions planned for Single’s Day on Nov. 11, the largest one-day retail event in the world, which requires a similarly massive logistics effort. Alibaba expects more than 100 million customers to participate in the sales day, which will include more than 140,000 brands total and more than 60,000 […]

IAG Cargo to launch 10th U.S. ‘Cargo Connector’ outpost this month

IAG Cargo said it will begin a trial run of its Cargo Connector service at Washington Dulles Airport (IAD), starting this month. Cargo Connector is an export collection and import delivery service that takes shipments directly from the aircraft and delivers them to the forwarders’ handling facilities. Five years after the launch of IAG Cargo’s […]
  • Lewis King
  • October 12, 2017

GECAS acquires 747-8 on lease to AirBridgeCargo

GE Capital Aviation Services (GECAS) added a 747-8 freighter to its fleet through an acquisition from Boeing’s aircraft leasing unit, Boeing Capital Corp. The aircraft was on lease to Moscow-based AirBridgeCargo as the fifth 747-8F of 20 aircraft that ABC’s parent, Volga-Dnepr Group, agreed to take delivery of, according to the terms of a 2015 […]
  • Caryn Livingston
  • October 12, 2017

IATA financial health check-up: High load factors, mixed profit margins

In its September report of the Airlines Financial Monitor, the International Air Transport Association (IATA) highlighted several indicators of financial health for global airlines – most notably that profit margins for European and Latin American airlines widened, that seasonally adjusted load factors for airfreight hit a three-year high in August, and that oil prices are […]
  • Caryn Livingston
  • October 12, 2017

Robust German economy keeps Frankfurt cargo volumes climbing

The German government increased its 2017 economic growth forecast this week to 2 percent for this year, up from its more conservative 1.5 percent estimate in April as the country’s economy steams ahead. At Frankfurt Airport (FRA), a 4.1 percent, year-over-year, growth in monthly cargo volumes for September support that outlook, as strong demand for […]
  • Lewis King
  • October 12, 2017

Alibaba plans $15 billion investment for tech R&D at DAMO Academy

Following in the footsteps of technology giants, including IBM and Microsoft, China’s Alibaba will create a research and development program, called DAMO Academy, through an investment of US$15 billion over the next three years. DAMO Academy will include eight research bases in seven cities across the world. At the Computing Conference 2017 in Hangzhou today, […]
  • Caryn Livingston
  • October 11, 2017

Faster food: KFC appoints DP-DHL for U.K. warehousing, distribution

Deutsche Post DHL Group is partnering with food-service specialist QSL to provide logistics services for more than 850 KFC restaurants in the United Kingdom. DP-DHL will manage the physical warehousing and distribution, while QSL will control demand planning, stock management and purchasing. Focus areas for the new fast-food partnership will include reducing emissions from logistics […]
  • Caryn Livingston
  • October 11, 2017

Kickstart my heart: Drone defibrillator delivery could save thousands of lives

Every year, cardiac arrests trigger the abrupt loss of heart function for 350,000 Americans, making it the leading cause of natural death in the country, according to the American Heart Association. Today’s drone manufacturers are taking steps to reduce this grim statistic. With each minute that passes following the onset of symptoms, the chances of […]
  • Lewis King
  • October 11, 2017

Five months and counting: Is LATAM Cargo out of the woods?

LATAM Cargo has extended its winning streak to five months, posting a 2.3 percent increase in revenue tonne kilometers (RTKs), year-over-year, to 285 million in the month of September. But with the year-to-date average still down 1.3 percent overall, LATAM Cargo’s ledgers still carry the weight of years of regional downturn. September also saw LATAM […]
  • Lewis King
  • October 11, 2017

Emirates, Cargolux sign air cargo codeshare agreement

Emirates SkyCargo and Cargolux Airlines agreed to enter a codeshare partnership for airfreight transportation, further expanding the first-of-its-kind freighter and combi-carrier partnership the airlines formed in May of this year. Under the new agreement, both airlines will be able to obtain cargo capacity on passenger and freighter flights with either airline and offer it to […]
  • Caryn Livingston
  • October 10, 2017

Growing global economy expected to be a boon for ULD market

When the air cargo industry is booming, as it is now, the good times can be felt in many areas of the supply chain – the airfreight container business is no different, according to a recent report’s conclusion the unit load device (ULD) business should grow by a compound annual growth rate (CAGR) of 4.3 […]
  • Randy Woods
  • October 10, 2017

Air cargo messaging standard gets closer with IATA-WCO collaboration

As any world traveler knows, situations can get confusing when the parties involved don’t share a common language. The same holds true in air cargo when it comes to digitizing across platforms, and industry organizations are taking steps to overcome the cargo language barrier. To that end, the International Air Transport Association’s (IATA) Cargo-XML messaging […]
  • Caryn Livingston
  • October 10, 2017

Hactl seals deal for Aviastar-TU freight handling

Hong Kong Air Cargo Terminals Limited (Hactl) received a contract from the Russian Post’s affiliate airline, Aviastar-TU, to handle its new freighter services from Tolmachevo in eastern Russia to Hong Kong. The scheduled freighter service on the Russia-Hong Kong route is expected to increase from one to four times weekly by the end of 2017, […]
  • Caryn Livingston
  • October 10, 2017

Embleton seeks to steady helm after IAG Cargo’s CEO upheaval

Normally, when a division goes through three CEOs in the span of two years, it’s a red flag that danger is on the horizon. This was the environment faced by Lynne Embleton in early April, when IAG Group appointed her as the new head of IAG Cargo after she had been the managing director of […]
  • Randy Woods
  • October 9, 2017

JetBlue, Atlas Air partner for Puerto Rico hurricane aid

As the misery continues in the American territory of Puerto Rico following last month’s Hurricane Maria, the air cargo industry continues to send desperately needed. Over the weekend, JetBlue and Atlas Air Worldwide (AAWW) partnered to transport more than 110 tons of supplies to Puerto Rico to aid in the recovery efforts on the island, […]
  • Caryn Livingston
  • October 9, 2017
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