This week’s freighter aircraft transactions [VIDEO]

Every week in Cargo Facts Update, we include a list of recent freighter aircraft transactions, and then a comprehensive summary in the monthly issue of Cargo Facts. Each reference to a freighter aircraft transaction (FAT) in our publications contains a unique FAT code linked to the FAT database on the CargoFacts.com website. This database is available to […]
  • Charles Kauffman
  • October 27, 2017

Surging international trade carries UPS in 3Q17

After a strong finish in the second-quarter of 2017, UPS reported weaker financial results in quarter three, in part because of the natural disasters which impacted Domestic Operations. The impact was minimized by higher average daily package volumes, and solid results from the company’s International Package Segment, which saw average daily package volumes jump 11.3% […]
  • Charles Kauffman
  • October 26, 2017

New strategy delivers 3Q dividends for Lufthansa Cargo

The Lufthansa Group reported revenues from its Logistics business segment up 17.4% y-o-y in 3Q17, to €594 million, on higher cargo traffic and a more favorable pricing environment. EBIT in 3Q17 was €21 million, up from a loss of €17 million in the same quarter of 2016, in part from the success of a cost-cutting […]
  • Charles Kauffman
  • October 25, 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

Should freighter flights be exempt from the 80:20 rule?

If you were to ask any of the foreign freighter operators calling to Amsterdam Airport Schiphol (AMS), the answer would unanimously be “yes!” In recent months, the 80:20 rule has become frustratingly relevant because Air Traffic Movements (ATMs) at AMS are expected to approach the government-mandated quota of 500,000 for any single year, beginning in […]
  • Charles Kauffman
  • October 23, 2017

PEMCO flexes its combi muscles

PEMCO World Air Services passed a milestone yesterday in the development of its 737-700 Passenger-to-FlexCombi conversion program. Donning protective eyewear, John Chisholm, owner of Bahrain-based launch customer Chisholm Enterprises, made the final cuts in the skin of unit 30293, an ex-Yakutia 737-700 that will, following certification and redelivery, be operated by Chisholm subsidiary Texel Air. […]
  • David Harris
  • October 20, 2017

Recent freighter aircraft transactions

Every week in Cargo Facts Update, we include a list of recent freighter aircraft transactions, and then a comprehensive summary in the monthly issue of Cargo Facts. Each reference to a freighter aircraft transaction (FAT) in our publications contains a unique FAT code linked to the FAT database on the CargoFacts.com website. This database is […]
  • David Harris
  • October 20, 2017

A tale of two (Swiss) forwarders

Switzerland-based forwarding and logistics giants Kuehne+Nagel and Panalpina posted their third quarter results this week, and while the companies may be geographically close, their results are not close at all. Detailed third-quarter and year-to-date results for both K+N and Panalpina are shown in the charts at right, but here are a few comparisons from the […]
  • David Harris
  • October 19, 2017
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