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
Post Tagged with: "Express"
E-commerce fulfillment, and pharma shipments are two of the fastest growing air cargo segments, and this week DP-DHL subsidiaries, DHL eCommerce and DHL Global Forwarding have announced new facilities and initiatives to support the growth of both. Looking first at e-commerce, on 12 March DHL eCommerce commenced operations at a newRead More
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
Yesterday we began an analysis of the way the 1,002 widebody freighters currently in service are operated and how the different types of widebody freighters are distributed within the fleet by type. You can read Part I here, and today we conclude with an examination of the distribution by manufacturer, byRead More
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
Yesterday, Seattle-based Amazon announced that it will shutter operations at Wilmington Air Park (ILN) in Ohio, and construct a new US$1.49 billion “centralized air hub” to support its Prime Air operations at nearby Cincinnati/Northern Kentucky Airport (CVG) in Hebron, Kentucky – just 110 km to the southwest. In parallel, CVG Airport’sRead More
Take your pick: UPS reported either a quarter-billion dollar net loss or a one-and-a-half-billion dollar net profit for the fourth quarter of 2016. On an as-reported basis, UPS suffered a net fourth-quarter loss of $239 million, and an operating loss of $428 million, as revenue rose 5.5% to $16.93 billion.Read More