Chinese fiscal reform could be a boon to e-commerce, says Alibaba

The Chinese Government’s sudden affinity for fiscal policy expansion is expected to boost consumer consumption and online business activity from small and medium enterprises (SMEs) through a series of pro-consumption fiscal policies, said Joe Tsai, EVP, Alibaba Group. Such fiscal policies also allay fears that new “e-commerce policies” – which aim to make gray-market transactions […]

• Charles Kauffman
• January 30, 2019

Top 4 Cargo Facts predictions for 2019

To all of our readers, Happy New Year, and our best wishes for a productive and prosperous 2019! As a prelude to what we are sure will be a busy first half of the year — at Cargo Facts as well, with the launch of our new innovation-focused Cargo Facts EMEA event in Frankfurt, 4-6 […]

• Caryn Livingston
• December 31, 2018

Breaking News: Amazon to lease 10 additional 767-300Fs from ATSG

Amazon agreed to lease ten additional freighter-converted 767-300Fs from Air Transport Services Group (ATSG) over the next two years to support the growth of its dedicated freighter network, the e-commerce giant announced today. The aircraft will be leased by ATSG’s leasing subsidiary, Cargo Aircraft Management (CAM), and operated on Amazon’s behalf by an ATSG-affiliate carrier in […]

• Charles Kauffman
• December 20, 2018

FedEx revenues rise, while Express trends worsen in 2QFY19

This week, Memphis-based FedEx reported a 9.3% year-over-year increase in revenue for its 2QFY19, ended 30 November, to US$17.82 billion. Operating income during the quarter was up only 4.8%, compared to a double-digit increase reported for 1Q, to $1.17 billion, and net income rose 20.6% to $935 million. The Express segment presented substantial headwinds for […]

• Caryn Livingston
• December 20, 2018

Alibaba’s eWTP lands in Belgium, to bring major Cainiao presence to Liège

The Government of Belgium and Alibaba signed a Memorandum of Understanding (MOU) today, to promote cross-border e-commerce between China and Europe by bringing Alibaba’s Electronic World Trade Platform (“eWTP”) trade hub to Belgium. A major component of the deal includes significant investments in physical infrastructure by Alibaba’s Smart Logistics platform Cainiao, which inked a contract […]

• Charles Kauffman
• December 5, 2018

Amazon’s potential threat to FedEx and UPS

More freighters are likely to follow the fortieth 767-300F delivered last month to Amazon Air’s fleet. Today, a research note from Morgan Stanley added that “the market is missing the risk” that Amazon Air poses to growth at United States-based integrators FedEx and UPS. Of course, the idea that Amazon may intend to become an integrator […]

• Caryn Livingston
• December 4, 2018

Amazon to open ‘air gateway’ and package-sorting facility at Wilmington

This month, Amazon announced plans to open a new “air gateway” and package-sorting operation at Wilmington Air Park. Yes, Wilmington — just sixty miles away from Amazon’s main air hub at Cincinnati/Northern Kentucky International Airport (CVG). Amazon Air currently operates out of more than twenty airports across the United States, with Wilmington (ILN) opening next year. The […]

• Chelsea Toczauer
• November 28, 2018

China Post and Lufthansa Cargo align to target cross-border e-commerce

On 19 November, China Post and Lufthansa Cargo entered into a “Joint Freight Operation” agreement, under which China’s National Post will leverage capacity on Lufthansa Cargo flights to improve e-commerce-driven air mail transportation between China and Europe. Initially, Lufthansa Cargo will provide the Post with cargo capacity between Shanghai and Frankfurt that is “equivalent” to […]

• Charles Kauffman
• November 21, 2018