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...
E-Commerce
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...
UPS, Boeing confirm three passenger-to-freighter 767-300 conversion deal
At the 2017 Paris Air Show yesterday, UPS and Boeing officially announced a passenger-to-freighter conversion deal involving three 767-300 aircraft....
Spanish logistics alliance to collaborate on full-service supply chain services
Valencia-based Milestone Logistics has launched a partnership, called the “360 Alliance,” with four other logistics firms, to offer full supply-chain...
DHL Express tags on more orders for EFW A330-300 conversions
DHL Express expanded its A330-300 conversion deal with ST Aerospace today, contracting an additional four A330-300 conversion slots, with options...
Armstrong’s 3PL report calls 2016 ‘mediocre’ for U.S. airfreight
While the third-party logistics (3PL) market had a “mediocre” year in the United States, global 3PL revenues reached US$802 billion...
Alibaba to enter European cloud computing market in mid-2017
As it seeks to expand its global reach outside China, Alibaba Cloud announced that it will introduce “MaxCompute,” to Europe's...
Atlas Air, pilots’ union agree to direct negotiations
Atlas Air World Wide (AAWW) and Teamsters Local 1224, which represents the carrier’s pilots, are returning to the negotiating table....
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