Post Tagged with: "e-commerce"

China’s B2B express volume to grow dramatically

China’s B2B express volume to grow dramatically

April 27, 2017 at 10:17 am 0 comments

SHANGHAI – The freighter fleets of China’s express companies are growing rapidly as an increasing proportion of retail spending moves online—but that’s only half the reason express companies are adding airfreight capacity as quickly as possible. Yesterday at Cargo Facts Asia 2017 in Shanghai, Peter Huang, director of corporate planning atRead More

UPS goes for 767 conversions

UPS goes for 767 conversions

April 6, 2017 at 10:18 am 0 comments

As I write this in Seattle this morning, a 767-300ER, in Japan Airlines livery, is passing overhead, en route from Tokyo (HND) to Goodyear (GYR) in the US. However, while the livery might make you think this is a JAL aircraft, the registration tells a different story. Until last month,Read More

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

More freighters for Amazon?

More freighters for Amazon?

March 16, 2017 at 10:04 am 0 comments

Note — 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

Record fourth-quarter earnings cap a great year for DP-DHL

Record fourth-quarter earnings cap a great year for DP-DHL

March 10, 2017 at 10:18 am 0 comments

Capitalizing on strong e-commerce growth and on a return to financial health by its forwarding arm, Deutsche Post-DHL reported net profit up more than 25% to €841 million in the fourth quarter of 2016. The big jump came despite revenue remaining almost flat (up just 0.5%) at €15.41 billion. OperatingRead 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