K+N airfreight volumes take off in first nine months of 2017

During the first nine months of the year, Swiss logistics company Kuehne + Nagel (K+N) saw its airfreight volumes rise by more than 180,000 tonnes for an increase of 19 percent. Most of K+N’s growth was driven by specialized cargo including pharmaceutical, high-tech, automotive and perishables. The logistics company has been quick to integrate its […]

UPS, SF Holding joint venture wins regulatory approval in China

UPS and Chinese transport and logistics company SF Holding – parent company of carrier SF Express – received approval of their planned joint venture from China’s Ministry of Commerce. The joint venture, which the companies announced back in May, will establish international delivery services, beginning with deliveries from China to the United States, giving Chinese […]
  • Caryn Livingston
  • September 28, 2017

Panalpina adds Interfresh Airfreight Handling to its perishables chain

As the next step in its goal to become the world leader in perishables transport by 2020, Swiss freight forwarder Panalpina said in an agreement reached yesterday that it will acquire Dutch company Interfresh Airfreight Handling for an undisclosed amount. Interfresh specializes in customs clearance and last-mile distribution of perishables imported from Africa, the Asia-Pacific […]
  • Caryn Livingston
  • September 28, 2017

‘Third-Party Logistics Study’ points to blockchain, automation

The “2018 22nd Annual Third-Party Logistics Study” is out, with the message that the greater availability of data and the ability to make real-time decisions are encouraging collaboration between shippers and 3PLs, when it comes to making supply-chain decisions. “Shippers have greater expectations of what they want their logistics providers to accomplish, and the proper […]
  • Lewis King
  • September 28, 2017

Air Partner caps strong half-year earnings with SafeSkys acquisition

A strong aircraft brokerage market pushed Air Partner’s gross profits for the first six months of 2017 up to £18.1 million, a year-over-year increase of 12.2 percent. Freight-driven operating profits were up 88.6 percent to £0.6 million during the same period. Air Partner’s chief executive, Mark Briffa enthused about the company’s “encouraging first half performance,” […]
  • Lewis King
  • September 28, 2017

Alibaba buys controlling interest in Cainiao logistics network

China-based e-commerce giant Alibaba Group has taken control of struggling logistics network Cainiao with an investment of 5.3 billion yuan (US$807 million) in a move to dramatically increase its international reach. The investment, once completed, will increase Alibaba’s stake in the logistics network from 47 percent to 51 percent and brings the estimated valuation of […]
  • Randy Woods
  • September 27, 2017

Volga-Dnepr freighter makes special mining delivery to India

Charter broker Air Charter Service arranged for transport of a 27-tonne outsize drilling machine from Perth, Australia, to Ahmedabad, India, onboard one of Volga-Dnepr Airlines’ IL-76TD-90VD freighters. The drilling machine, which measures a whopping 15 meters long by three meters high, was destined for a mining project in Ahmedabad. “Weeks of planning went into the […]
  • Caryn Livingston
  • September 27, 2017

Bahri Bolloré Logistics joint venture launches in Saudi Arabia

Transportation and logistics company Bahri and freight forwarder Bolloré Group launched their joint venture Bahri Bolloré Logistics today in Riyadh, Saudi Arabia. The new logistics company is headquartered in Riyadh and will provide logistics and supply chain management services to firms operating in Saudi Arabia. The joint venture is owned 60 percent by Bahri, which […]
  • Caryn Livingston
  • September 27, 2017

Logistics sector cheers May’s support for Brexit transition period

The U.K.’s Freight Transport Association (FTA) welcomed Prime Minister Teresa May’s call this week for a transition period as a key priority for Brexit negotiations. But, as May’s Tories grip on power continues to erode against an ascendant Labor party, the prime minister’s pragmatic turn might be too little, too late, and the future of […]
  • Lewis King
  • September 27, 2017

Alaska Air Cargo begins commercial service of first freighter-converted 737-700

Alaska Air Cargo began commercial service yesterday with its first 737-700 freighter. This is particularly noteworthy because the freighter is the first 737 NG aircraft – either -700 or -800 – to undergo conversion from passenger to freighter configuration. On Tuesday, the freighter departed Seattle for Alaska, where it will begin scheduled service from the […]
  • Caryn Livingston
  • September 27, 2017

Atlas takes pilots to court over ‘intentional work slowdown’

Labor relations between Atlas Air Worldwide Holdings (AAWW) and Teamsters Local Union No. 1224 (IBT), which represents the airline’s pilots, took a nosedive on Monday, with AAWW announcing that it was seeking a preliminary injunction to require its pilots to “stop the illegal and intentional work slowdown and service interruptions they are causing.” In its […]
  • Lewis King
  • September 27, 2017

Qatar Airways chief picks up 747-8F, hints at possibility of more to come [VIDEO]

Yesterday morning, Qatar Airways chief executive Akbar Al Baker was on site at Boeing’s Everett, U.S., delivery center to take delivery of the carrier’s first of two announced 747-8 freighters. During a question and answer session there, Al Baker said Qatar Airways would increase its 777-200LRF orders to seven total – an update to the […]
  • Caryn Livingston
  • September 26, 2017

August sees another double-digit cargo growth for AAPA members

The Association of Asia Pacific Airlines (AAPA) released traffic figures for August, and it comes as no surprise that the good times are still rolling for air cargo with another month of double-digit demand growth. AAPA member airlines reported 12.2 percent year-over-year growth in freight tonne kilometers (FTKs) for the month of August and rapidly […]
  • Caryn Livingston
  • September 26, 2017

OCEASOFT combines IoT, temperature-monitoring software into Cobalt ML3

French technology company OCEASOFT announced the launch of its mobile temperature data logger Cobalt ML3, which combines temperature-monitoring software with the “internet of things” (IoT) to create a product that will track temperatures during product shipments with a specialization in long-range wireless data transfer. The Cobalt ML3 product automatically collects temperature data recorded by its […]
  • Caryn Livingston
  • September 26, 2017
Page 5 of 380« First...34567 102030...Last »