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 […]

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 […]

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 […]

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 […]
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