WorldACD: Airfreight’s ‘fairytale’ continues, with surging May volumes, yields
The folks running the numbers for freight carriers these days must be looking over their shoulders for Ashton Kutcher to...
E-Commerce
Second ‘cohort’ of startups offer demos at RocketSpace, Kaleido accelerator
Representatives of the Logistics Tech Accelerator team, including Kaleido Logistics, corporate partners and selected Cohort II startups, pose at RocketSpace’s...
Alibaba-Lazada deal pumps another US$1 billion into S.E. Asian e-commerce
Alibaba Group will invest an additional US$1 billion in Lazada Group, increasing its stake in the Singapore-based e-commerce retailer to...
China Eastern to fuel JD.com’s own-operated air freight network?
How will China Cargo Airlines' fleet of 777Fs factor into the new partnership between JD.com and China Eastern Airlines? This...
Kerry logistics launches new Europe-to-China LCL rail service
Rail service between China and Europe continues to add capacity, moving freight at lower costs than air, and faster than...
Patent for hive-like urban drone warehouse hints at Amazon’s e-commerce strategy
A patent application for an urban drone delivery warehouse filed by Amazon.com provides a glimpse at the e-commerce giant’s potential...
A record quarter for FedEx — plus mattresses and gym equipment, too!
FedEx reported revenue up 21.2% y-o-y in its fiscal fourth quarter (ended 31 May) to a record $15.73 billion. Net...
GECAS doubles its stake in the 737-800 freighter conversions
GE Capital Aviation Services (GECAS) demonstrated its confidence in the 737-800 freighter today by announcing plans to convert 30 more...
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