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

FedEx: “Forget Q3”

FedEx reported net income in its fiscal third quarter up 10.8% to $562 million, as revenue rose 18.5% to $15.00 billion. Reported operating income was also up strongly (18.6%) to $1.03 billion. Great results, right? Well, yes, and no. Because, as has become almost usual with financial reports in our industry, the picture changes dramatically […]
  • David Harris
  • March 22, 2017

Amazon and DHL reported to be in hub partnership at CVG

Update, 21 March 2017: Late today, Amazon confirmed to Cargo Facts that it would be working with DHL, saying: “We are looking forward to the first Amazon planes appearing at CVG this spring and to working with DHL in support of our cargo operations. “ Lost in the coverage of Amazon’s announcement in February that […]
  • David Harris
  • March 21, 2017

More freighters for Amazon?

Note — 17 March 2017: We have added a comment from Amazon at the end of this post. In the last 24 hours, we have heard from two separate sources that Amazon is in talks to acquire more freighter aircraft. How many more? Are you sitting down? None of the parties involved would comment on the […]
  • David Harris
  • March 16, 2017

DHL targeting e-commerce, pharma

E-commerce fulfillment, and pharma shipments are two of the fastest growing air cargo segments, and this week DP-DHL subsidiaries, DHL eCommerce and DHL Global Forwarding have announced new facilities and initiatives to support the growth of both. Looking first at e-commerce, on 12 March DHL eCommerce commenced operations at a new fulfillment center in Hong Kong […]
  • Charles Kauffman
  • March 15, 2017

Record fourth-quarter earnings cap a great year for DP-DHL

Capitalizing on strong e-commerce growth and on a return to financial health by its forwarding arm, Deutsche Post-DHL reported net profit up more than 25% to €841 million in the fourth quarter of 2016. The big jump came despite revenue remaining almost flat (up just 0.5%) at €15.41 billion. Operating profit (EBIT) for the quarter […]
  • David Harris
  • March 10, 2017

The distribution of widebody freighters — Part II

Yesterday we began an analysis of the way the 1,002 widebody freighters currently in service are operated and how the different types of widebody freighters are distributed within the fleet by type. You can read Part I here, and today we conclude with an examination of the distribution by manufacturer, by operator type, and by geographical […]
  • David Harris
  • March 9, 2017

DHL completes expansion of its Americas Hub

DHL Express completed a major expansion of its main hub for the Americas, and is on a hiring spree to increase its workforce there by almost 40%. The expansion at Cincinnati/Northern Kentucky Airport (CVG) includes a new, 45 acre (18.2 hectare) north ramp with sixteen additional aircraft gates (bringing the hub’s total capacity to sixty-five […]
  • David Harris
  • March 1, 2017
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