Revenue and Block Hours up 20% in Atlas 3Q

Atlas Air Worldwide Holdings reported a third-quarter net loss of $24 million, as total revenue jumped 19.6% y-o-y to $536 million. Operating income for the quarter more than doubled, to $53 million. So, if the revenue and operating income gains were so good, why the reported loss? In a “no good deed goes unpunished” way, […]
  • David Harris
  • November 7, 2017

K+N, JD.com launch import quality-control system

China’s largest e-commerce company by revenue, Beijing-based JD.com, is stepping-up its efforts to combat counterfeiting by testing a quality control check system, managed by Switzerland-based forwarder Kuehne + Nagel, that adds item-level visibility to JD’s import supply chain. The two companies have already implemented the ‘Transfer Center’ approach at a brand manufacturer’s warehouse in Japan, […]
  • Charles Kauffman
  • October 24, 2017

CAAC cutting red tape for cargo start-ups?

After more than a year during which the Chinese Civil Aviation Administration took little action towards approving new start-up cargo airlines (we recall Guangzhou-based Longhao was the last new venture to receive its AOC in December 2016, and subsequently commence commercial service in March 2017), there is suddenly a flurry of activity. Just this week, […]
  • Charles Kauffman
  • October 13, 2017

3 predictions for air cargo in 2020

Last week, our sister publication Air Cargo World, presented its second annual ELEVATE conference in Miami, providing a deep-dive into how digitalization and innovation are rapidly altering the air freight logistics industry. Trends like the e-commerce revolution, and the subsequent emergence of new players in the logistics space have made modernization central to survival for […]
  • Charles Kauffman
  • October 11, 2017

Overheard at Cargo Facts Symposium

MIAMI – A bustling crowd of senior executives from all links in the air cargo supply chain gathered at the Mandarin Oriental for the 23rd annual presentation of the Cargo Facts Symposium. Delegates were delighted to be greeted with news that worldwide air freight volumes for the month of August were up double-digits (12.9%) y-o-y, […]
  • Charles Kauffman
  • October 4, 2017

Defining the E-commerce variable in air freight demand

MIAMI — A bustling crowd of senior executives from all links in the air cargo supply chain gathered at the Mandarin Oriental for the 23rd annual presentation of the Cargo Facts Symposium, where once again, it was hard to avoid the topic of e-commerce, and its impact on the global air freight industry. Global e-commerce continues […]
  • Charles Kauffman
  • October 3, 2017

UPS, SF Holding jv wins regulatory approval in China

Updated 10 October 2017. On 28 September, UPS and SF Holding (the parent company of SF Express), formally received approval from China’s Ministry of Commerce to launch the joint venture it announced in May. The joint venture will leverage the assets of both companies to enhance, and provide a wider range of international delivery services. […]
  • Charles Kauffman
  • October 2, 2017

Alibaba to invest heavily in logistics over the next five years

In what appears to be a shift away from an asset-light logistics model heavily reliant on third-party partners, China-based Alibaba Group Holding Limited announced plans to invest US $15.2 billion over the next five-years – with the ultimate aim of fulfilling domestic orders within 24 hours, and global orders within 72 hours. Its first major […]
  • Charles Kauffman
  • September 28, 2017
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