Post Tagged with: "Amazon"

The quiet rise of Chinese express: STO launches Brescia 747F flights

The quiet rise of Chinese express: STO launches Brescia 747F flights

March 23, 2017 at 10:54 am 0 comments

Beginning today, 23 March, an SW Italia 747-400F operated for China-based Shentong Express (STO) will touch down regularly at Brescia Montichiari Airport (VBS), just 100km east of Milan. The new thrice-weekly cargo service connects Hong Kong International Airport (HKG) to Brescia via Baku (GYD), reportedly carrying express parcels and ChineseRead More

DHL to get Fresh in Germany?

DHL to get Fresh in Germany?

March 23, 2017 at 10:27 am 0 comments

After a week of rumors of massive aircraft orders by Amazon (denied by Amazon) and rumors of an Amazon/DHL hub share agreement at Cincinnati/Northern Kentucky Airport (confirmed by Amazon and DHL), will your eyes glaze over if you see another round of Amazon/DHL rumors? Well, unglaze those eyes, because hereRead More

FedEx: “Forget Q3”

FedEx: “Forget Q3”

March 22, 2017 at 10:53 am 0 comments

FedEx reported net income in its fiscal third quarter up 10.8% to $562 million, as revenue rose 18.5% to $15.00 billion. Reported operating income was also up strongly (18.6%) to $1.03 billion. Great results, right? Well, yes, and no. Because, as has become almost usual with financial reports in ourRead More

Amazon and DHL reported to be in hub partnership at CVG

Amazon and DHL reported to be in hub partnership at CVG

March 21, 2017 at 10:27 am 0 comments

Update, 21 March 2017: Late today, Amazon confirmed to Cargo Facts that it would be working with DHL, saying: “We are looking forward to the first Amazon planes appearing at CVG this spring and to working with DHL in support of our cargo operations. “ Lost in the coverage ofRead More

More freighters for Amazon?

More freighters for Amazon?

March 16, 2017 at 10:04 am 0 comments

NoteĀ — 17 March 2017: We have added a comment from Amazon at the end of this post. In the last 24 hours, we have heard from two separate sources that Amazon is in talks to acquire more freighter aircraft. How many more? Are you sitting down? None of the partiesRead More

4Q revenue up, profit down, but ATSG sees blue skies ahead

4Q revenue up, profit down, but ATSG sees blue skies ahead

March 7, 2017 at 10:58 am 0 comments

Air Transport Services Group reported fourth-quarter net income of US$1.5 million, down 89.6% from 4Q15, as revenue rose 22.1% to $222 million. Operating income (EBIT) for the quarter was down 19.6% to $18 million. However, both the net income and operating income figures come with significant asterisks, and mean veryRead More

DHL completes expansion of its Americas Hub

DHL completes expansion of its Americas Hub

March 1, 2017 at 10:54 am 0 comments

DHL Express completed a major expansion of its main hub for the Americas, and is on a hiring spree to increase its workforce there by almost 40%. The expansion at Cincinnati/Northern Kentucky Airport (CVG) includes a new, 45 acre (18.2 hectare) north ramp with sixteen additional aircraft gates (bringing theRead More

ATSG looks ahead

ATSG looks ahead

February 16, 2017 at 10:51 am 0 comments

In a presentation delivered at the Stifel, Nicolaus & Co Transportation & Logistics Conference, Air Transport Services Group (ATSG) Chief Executive Officer Joe Hete and Chief Commercial Officer Rich Corrado painted a picture of where the company is now, and also provided some information about near-term plans and a glimpseRead More