Consultant Insight: FedEx fights back, but does it stand a chance?

FedEx’s origin story demonstrates the creative genius of founder and CEO Fred Smith. The idea was put forth in a Yale University undergraduate term paper in which Smith proposed a system specifically designed to accommodate time-sensitive shipments such as medicine, computer parts and electronics. Smith implemented plans put forth in his term paper, and Federal […]

WFS receives CEIV Pharma cert at Paris airport

Cargo handler Worldwide Flight Services (WFS) recently received IATA’s Center of Excellence for Independent Validators in Pharmaceutical Logistics (CEIV Pharma) at its new Paris Charles de Gaulle Airport (CDG) pharma center. The center opened last year and is expected to handle more than 8,000 tonnes of cargo in 2020. According to WFS, about 30 airlines […]

CSafe expands South Korean service center

CSafe Global, an active temperature-controlled container manufacturer, has expanded its service center at Incheon Airport (ICN) to accommodate the growing demand for its specialized air cargo containers for pharmaceutical and other temperature-sensitive products in South Korea and the Asia Pacific region, the company said. “With the expanded warehouse space and increased repair service throughput, not […]

FedEx opens expanded pharma center in Tokyo

The renovation of the TNT Life Science Center in Tokyo has been completed, FedEx said in a statement on Monday. The newly expanded center will provide better logistics services for pharma products used in clinical trials. The larger, more technologically advanced center will allow for shipments by overseas pharmaceutical customers of investigational medication product in […]

Zahra highlights Drone Delivery Canada’s operations at Edmonton Airport

Drone Delivery Canada (DDC) made headlines in 2019 with the news it would be the first cargo drone operator with a hub at a major airport. While drones at airports have mostly been a disruption to operations so far, the Canadian drone developer announced in October it would establish a hub at Edmonton International Airport […]

The 2019 Air Cargo Executive of the Year is DSV Panalpina’s Jens Bjorn Andersen

Early in 2019, speculation ran rampant over the future of Panalpina. The Swiss forwarder had faced several difficult quarters, with declines in profit exacerbated by overall market weakness and demand declines in some of the forwarder’s higher-yield verticals. Enter DSV. Unsolicited, Panalpina’s Danish logistics rival submitted a takeover offer to Panalpina’s board, valuing Panalpina at […]

Standing out from the crowd: three executives to watch in 2020

In a year marked by declines from the heights of growth that characterized 2018, a few industry executives caught the attention of air cargo editors and readers for their forward-thinking and strategic decisions. After polling our readers and considering the major milestones for air cargo logistics in 2019, Air Cargo World has created a shortlist […]

The world’s top 50 airports

Growth — substantive and encouraging, but perhaps fleeting — is the overarching theme  of the Airports Council International’s ranking of the busiest cargo airports in 2010.

Revenue management: Not just a gut feeling

Many in the industry know by now that revenue is not best left up to gut feel. A thesis on air cargo revenue management, produced by a student at the Georgia Institute of Technology in Atlanta in 2006, confirmed that there are scientific and higher-yielding ways of filling an aircraft.

India: Poor infrastructure limits airfreight

India is a nation of contradictions. On one hand, the South Asian nation is enjoying a booming economy, capitulated by its status as a Mecca for the IT, textiles and pharmaceuticals sectors — but the other side tells a bleaker story.

El Al Airlines reveals Q2 cargo spike

Cargo revenues for El Al Airlines grew 6 percent in the second quarter of 2011, reaching $51.3 million. Representatives for the Israeli carrier say this number is even more impressive considering the 47-percent increase in the cost of fuel and the 2-percent drop in tonnage routing through Ben Gurion International Airport.

CEVA Logistics reports profitable half-year despite struggles

Despite an onslaught of challenges, including lower airfreight volumes in the Asia-Pacific and Americas regions, CEVA Logistics posted considerable growth in the first half of 2011. In addition to a 30-percent, year-over-year increase in EBITDA — surging to €152 million — the global logistics provider also introduced €1 billion in new business during this period.

AirBridgeCargo launches service to Zhengzhou

AirBridgeCargo Airlines has begun thrice-weekly freight service to the Chinese city of Zhengzhou. Flying to Zhengzhou every Wednesday, Friday and Saturday, the Russian all-cargo carrier will operate a Netherlands-Russia-Zhengzhou flight path.

Cathay Pacific reports July cargo drop

July airfreight operations were down significantly for Cathay Pacific and wholly owned subsidiary Dragonair, with year-over-year volumes decreasing by a combined 9.4 percent. Airline officials attribute much of this decline to sluggish cargo volumes out of Hong Kong and Mainland China.

Airfreight operations drive Damco’s mid-year success

Despite challenging market conditions, the first half of 2011 signaled good news for Damco’s airfreight business, with year-over-year volumes increasing 11 percent. Company officials expect these numbers to improve even more, however, with Damco’s partial procurement of China’s New Times Transportation.

TSA finalizes airfreight screening ruling

The U.S. Transportation Security Administration has executed its interim final rule (IFR) on airfreight security and enabled entities other than airlines to screen cargo transported on passenger planes.

FAA and EASA certify Boeing’s 747-8 freighter

Boeing received a giant push in the worldwide deployment of its 747-8 freighter with the aircraft’s certifications from the Federal Aviation Administration and the European Aviation Safety Agency on August 19. These approvals are two of the final steps before the 747-8’s September delivery to launch customer Cargolux.

The Week in brief

Air Lease Corp. (ALC) has finalized its order for 14 Next-Generation 737-800s. Steven F. Udvar-Hazy, chairman and CEO of ALC, points to the multiple benefits of this merger. “This order for Next-Generation 737-800s and 777-300ERs is a key building block in the foundation of our growing commercial leasing fleet,” he said in a statement. “With […]

UPS expands next-day service in U.S.

UPS announced that it has significantly increased the number of U.S. locations benefiting from its next-day, early-morning service. By improving or adding coverage to 1,300 zip codes, UPS hopes to better address the pressing needs of American consumers and businesses alike.

Manufacturers band together with Russian firms

Airbus and the Russian firm VEB-leasing have pledged to cooperate on aviation management and finance, sharing competencies, experience and information about topics ranging from portfolio asset management to structuring lease transactions. A Russian manufacturer, United Aircraft Corporation, has also signed a deal of its own, linking up with Strategic Aviation Solutions International to promote Russian […]

Volga-Dnepr renovation propels Antonov freighter overhaul

Russia’s Volga-Dnepr Group has taken a giant step in addressing the oversize and heavy-cargo transportation market with its decision to modernize one of its AN-124-100 “Ruslan” freighters to an AN-124-111VD. Ukrainian manufacturer Antonov Company will perform the renovation and use the knowledge gleaned from the experience to re-launch this product line.