UPS to add four weekly flights to San Bernardino during 2016 peak
UPS said it will add four weekly flights to San Bernardino International Airport (SBD) during its peak-season rush to accommodate...
E-Commerce
FedEx forwarding subsidiary grows in Malaysia
FedEx’s forwarding arm, FedEx Trade Networks (FTN), announced the opening of a new office in Malaysia in Penang. Located approximately...
Can’t buy me love? China’s ‘Singles Day’ misses target by $2.2 billion
China’s biggest online shopping day – the now-famous “Singles Day” (11/11) that has become the Chinese equivalent of “Black Friday”...
Rising EBITD at Cargojet despite an investment-related fall in earnings
Canadian all-cargo carrier Cargojet announced third-quarter adjusted earnings before interest, tax and depreciation (EBITD) of US$18.7 million, an increase of...
DP-DHL doubles third-quarter profit
DHL Express continues to be DP-DHL's most profitable division. Deutsche Post-DHL’s third-quarter net income more than doubled year-over-year to €1.79...
ACMG report chronicles disruptive force of e-commerce in air cargo
The news earlier this spring that online retailer Amazon.com had entered the air cargo business with its own-controlled air network...
Atlas reports Q3 loss, but expects solid peak season
After securing one of the most noteworthy e-commerce deals of the year, it was expected that Atlas Air would report...
Ramp-up for the Amazon contract hits an otherwise strong quarter for Atlas
As expected, Atlas Air Worldwide Holdings (AAWW) reported a third-quarter loss, the result of expenses related to the company’s agreement...
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