In a surprise move, Heathrow begins to develop cargo community

Today, Heathrow Airport took a major step towards developing an airport cargo community with the introduction of the ‘Heahtrow CargoCloud’.  Next month, the airport will test the waters for cargo community participation by piloting a load consolidation app developed by Belgium-based data sharing platform, Nallian (which also powers Brussels Airport’s BRUCloud and Port of Antwerp’s […]
  • Charles Kauffman
  • May 25, 2017

YTO Express acquires OTEL to use as springboard for international expansion

On 8 May, Shanghai-headquartered courier, YTO Express announced its intention to acquire a 61.87% stake in Hong Kong-based forwarder and logistics specialist, On Time Logistics (OTEL), and establish its international business headquarters in Hong Kong. The acquisition will support YTO’s efforts to go global by leveraging OTEL’s international business expertise, global network of 52 offices […]
  • Charles Kauffman
  • May 17, 2017

Express & e-commerce drive first-quarter growth at DP-DHL

Deutsche Post-DHL reported first-quarter net profit down slightly (0.9%) y-o-y to €633 million, as total revenue rose 7.3% to €14.88 billion. Operating profit (EBIT) for the quarter was up 1.4% to €885 million. As is often the case, the reported results tell only part of the story. In the first quarter of 2016, DP-DHL’s Supply […]
  • David Harris
  • May 11, 2017

China’s number-two e-tailer launches 3PL division

Last week, Beijing-based JD.com announced it was moving forward with plans to formalize a logistics division, “JD Logistics” in support of the growing demand for express delivery services for its booming e-tailing business. Similar to Amazon’s Fulfillment by Amazon (FBA) program, the new division will provide third parties access to a wide range of supply […]
  • Charles Kauffman
  • May 1, 2017

UPS reports strong all-round growth

UPS reported first-quarter net income up 2.4% y-o-y to $1.16 billion as revenue increased 6.2% to $15.32 billion. Operating profit for the quarter, however, was down 2.1% to $1.78 billion as fuel surcharge revenue lagged a big increase in fuel expense. In recent years, the quarterly reports from the world’s big express companies have often […]
  • David Harris
  • April 28, 2017

China’s B2B express volume to grow dramatically

SHANGHAI – The freighter fleets of China’s express companies are growing rapidly as an increasing proportion of retail spending moves online—but that’s only half the reason express companies are adding airfreight capacity as quickly as possible. Yesterday at Cargo Facts Asia 2017 in Shanghai, Peter Huang, director of corporate planning at SF Airlines, said that the […]
  • Charles Kauffman
  • April 27, 2017

UPS goes for 767 conversions

As I write this in Seattle this morning, a 767-300ER, in Japan Airlines livery, is passing overhead, en route from Tokyo (HND) to Goodyear (GYR) in the US. However, while the livery might make you think this is a JAL aircraft, the registration tells a different story. Until last month, the aircraft (33494) was registered […]
  • David Harris
  • April 6, 2017

The quiet rise of Chinese express: STO launches Brescia 747F flights

Beginning today, 23 March, an SW Italia 747-400F operated for China-based Shentong Express (STO) will touch down regularly at Brescia Montichiari Airport (VBS), just 100km east of Milan. The new thrice-weekly cargo service connects Hong Kong International Airport (HKG) to Brescia via Baku (GYD), reportedly carrying express parcels and Chinese exports bound for warehouses and […]
  • Charles Kauffman
  • March 23, 2017
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