China-US trade war’s downward pressure on air cargo intensifies in August
The International Air Transport Association (IATA) released data indicating that cargo traffic, measured in freight tonne kilometers (FTKs), decreased by 3.9% year-over-year in August. Year-to-date...
View ArticleMenzies Aviation plans major rollout of Hermes’ cloud-based cargo management...
Menzies Aviation has selected Hermes Logistics Technologies (HLT) to implement the most recent version of HLT’s Cargo Management System (CMS), Hermes 5 (H5), across facilities it operates in its global...
View ArticleDHL Express plans €131 million expansion at Incheon Airport
DHL Express announced its largest-ever investment in South Korea with a €131 million expansion of its gateway at Incheon International Airport (ICN), according to a company statement on Tuesday. The...
View ArticleMixed September results for Asia-Pacific carriers provide hope for peak season
Asia-Pacific carriers mostly reported year-over-year traffic declines for September, but some improvements from results earlier in the year suggest that the lead-up to peak season may indicate better...
View ArticleKuehne + Nagel air volumes continue to drop, net earnings rise in ‘tense’...
Kuehne + Nagel reported a 6.4% drop in air cargo volumes to 1.22 million tonnes despite increases of 4.4% in gross profit and 6.6% in earnings before interest and taxes (EBIT) in their third-quarter...
View ArticleAAPA: Asian carriers practicing prudence amid September 6.5% fall in FTKs
The Association of Asia Pacific Airlines (AAPA) released preliminary traffic figures indicating a 6.5% year-on-year decline in air cargo demand as measured in freight tonne kilometers for September....
View ArticleANA Cargo launches 777F flight to Chicago
Japan-based ANA Cargo today commenced long-haul freighter operations with its own 777F aircraft. The carrier deployed its second of two 777Fs (65757) for the first flight on the new route between...
View ArticleSeptember airport volumes show few signs of peak season
Leading airports have begun reporting preliminary cargo throughput figures for September 2019 that indicate overall market weakness, worldwide. While most airports saw continued declines in volumes, a...
View ArticleFedEx expands Asia-Pacific International First service
FedEx Express has expanded its FedEx International First service in the Asia-Pacific region to 14 more origin markets with destinations in the U.S. and Canada. A total of 25 markets in the region can...
View ArticleAmerican Airlines Cargo begins iCargo platform rollout
American Airlines Cargo is the latest carrier to adopt the iCargo platform, developed by IBS Software, as the carrier aims to modernize its business practices and improve customers’ cargo shipping...
View ArticleUPS appoints new President for China ops
UPS has appointed Michelle Ho as its new President of UPS China, succeeding Harld Peters. Stepping into the new position, Ho is tasked with spearheading UPS’ small package and strategic planning...
View ArticleDSV 3Q revenue up following closing of Panalpina deal, even as airfreight...
Danish forwarder DSV, which closed the acquisition of Panalpina on Aug. 19, 2019, reported airfreight tonnage up 63% year-over-year in Q3. Excluding the Panalpina acquisition, organic airfreight...
View ArticleCEVA Logistics expands operations with new Sri Lanka office
CEVA Logistics opened its new CEVA Sri Lanka office in Colombo, today. The new location contributes to CEVA Logistics’ broader expansion of its presence across Asia and is aimed at providing service to...
View ArticleClik here to view.
Varying regional approaches to drone development, adoption and regulations
Cathy Roberson, Cargo Facts Consulting senior consultant and Air Cargo World columnist As the saga of developing unmanned aerial vehicles (UAVs, or drones) to carry goods and shipments continues, some...
View ArticleNippon Cargo Airlines signs on as first Asian carrier to cargo.one
Japanese carrier Nippon Cargo Airlines (NCA) has joined digital airfreight booking platform cargo.one. According to cargo.one, NCA is the first Asian carrier to join the platform. Freight forwarders...
View ArticleIATA reports weak September traffic, sees possibility for improvement in 2020
The International Air Transport Association (IATA) released preliminary data indicating that total industry wide cargo traffic, measured in freight tonne kilometers (FTKs), decreased by 4.5%...
View ArticleChangi Airport cargo community to pursue CEIV Fresh certification
Singapore’s Changi Airport (SIN) today announced that a working group had been formed among the airport’s cargo community to pursue the International Air Transport Association’s (IATA) Center of...
View ArticleAlibaba ups majority stake in Cainiao ahead of 11.11
Alibaba increased its majority stake in its logistics affiliate Cainiao Smart Logistics Network to 63% from 51% with an investment of US$3.3 billion today. The news comes just before China’s major...
View ArticleAlibaba seals $38 billion Singles’ Day sales record
Alibaba Group Holding Ltd. logged more than 268 billion yuan ($38.3 billion) of purchases during its Singles’ Day bonanza, exceeding last year’s record haul after a 24-hour shopping marathon.An...
View ArticleHactl breaks own single-day handling record
Hong Kong Air Cargo Terminals Ltd (Hactl) handled 104 freighter aircraft on Nov. 3, breaking its former record of 102 aircraft set last November. The peak time of activity took place between 2:00 a.m....
View Article
