Global shopping holidays continue to smash records

“11.11” which falls on 11 November, “Black Friday” the first Friday following Thanksgiving, and Cyber Monday, the Monday directly following Black Friday are all shopping holidays that began as regional events, but are now marketed and promoted around the globe. Each mouse click thrusts inventory replenishment, and in some cases expedited delivery requirements provide a […]
  • Charles Kauffman
  • November 28, 2017

ATSG reports adjusted third-quarter net income up 72%

Air Transport Services Group (ATSG) reported a third-quarter net loss of $33 million, as revenue increased 31.5% y-o-y to $254 million. A bad quarter? Hardly. As was the case with Atlas Air Worldwide Holdings, the main cause of the reported loss was a change in the value of warrants issued to Amazon as part of […]
  • David Harris
  • November 9, 2017

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

The World’s top 50 cargo carriers Part II — what’s with the data?

Yesterday, in Part I of this analysis we included a chart showing our best estimate of the international, domestic, and total cargo traffic (including mail and both scheduled and charter freight) flown by the top fifty carrier groups worldwide. But why do we call it our “best estimate,” and how is our best estimate different […]
  • David Harris
  • August 9, 2017

China Eastern to fuel JD.com’s own-operated air freight network?

This week, China Eastern Airlines (CEA) and China’s number-two e-commerce player (after Alibaba’s Taobao), JD.com entered into a strategic partnership to “leverage each other’s resources” to strengthen their joint logistics capabilities. As would be expected, China Eastern Airlines’ key resource on offer is its airlift capacity, while JD’s is its e-commerce platform and last-mile delivery […]
  • Charles Kauffman
  • June 29, 2017

Cargo Facts Symposium to feature fireside chat with Atlas CEO, William Flynn

Cargo Facts is pleased to announce that the 23rd Annual Cargo Facts Symposium will feature an exclusive Fireside Chat with: William (‘Bill’) Flynn, President and Chief Executive Officer, Atlas Air Worldwide Holdings. Flynn’s career in transportation and supply chain management spans forty-years, during which he has held a variety of positions. Currently, Bill is President […]
  • Charles Kauffman
  • June 13, 2017

7 ways cross-border e-commerce is reshaping air freight logistics today

For the past two years, “cross-border e-commerce” has been the buzz-phrase of the air freight and express industry. And it’s only natural that our industry would jump on it – no other mode of transportation is better suited to ensure expedited deliveries for parcels with origins far-removed from their final destination. But, hype aside, what has […]
  • Charles Kauffman
  • June 5, 2017

ATSG forecasts “solid growth into the next decade”

Air Transport Services Group (ATSG) reported first-quarter net income up 21.5% y-o-y to $10.0 million as net revenue jumped 34.1% to $238 million. Operating income for the quarter was up 15.6% to $17.7 million. Adjusting for the impact of non-cash expenses related to warrants associated with ATSG’s agreement with Amazon, net earnings were up 33% […]
  • David Harris
  • May 4, 2017
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