LATAM Cargo receives first 767 converted freighter

LATAM Airlines’ cargo division took redelivery of the first of three 767-300 converted freighters (34628) it has on order with Boeing. Redelivery of the second and third freighters in the order is expected in 2019 and 2020, respectively, at which time the carrier expects to have twelve 767-300Fs operating in its network. The carrier said […]

• Caryn Livingston
• December 17, 2018

Panalpina adds third Mexico airport to Charter Network

Switzerland-based Panalpina added Querétaro International Airport (QRO) in Mexico to its Charter Network, in the “Speedy” loop connecting Mexico City (MEX) and Guadalajara (GDL) with Panalpina’s Alabama air freight gateway in Huntsville (HSV). The addition of QRO to the Panalpina Charter Network included adding QRO to the 747-8 compatibility list, as Panalpina’s network includes a […]

• Caryn Livingston
• May 18, 2018

Flexport’s own-operated air freight network grows

In a sign that trans-Pacific air freight capacity remains tight, and rates volatile, yet another forwarder has signed on to dedicated freighter service. Earlier this week, Florida-based Western Global Airlines and US-based digital freight forwarder Flexport inked a three-year deal under which Western Global will operate regular 747-400F flights between Hong Kong (HKG) and Los […]

• Charles Kauffman
• March 9, 2018

No drop in rates as 2017 ends

In early December, online freight pricing platform Freightos warned shippers that, for the first time in at least ten years, they might have to bear “sky-high air rates” for the remainder of the year to get their shipments loaded. Freightos WebCargo’s CEO Manel Galindo added that the capacity crunch in Europe had “triggered holiday-season auctions, […]

• David Harris
• December 28, 2017

E-commerce to drive peak season into January?

On 9 December, a Kalitta Airlines 747-400F (25868) arrived at Wuhan’s Tianhe Airport (WUH), the first flight of a new thrice-weekly service between Chicago (ORD) and the airport in central China. The flights are being organized by China-based forwarder, Apex Logistics. Onboard the first flight were some of the hottest-selling cross-border commodities on e-commerce platforms: […]

• Charles Kauffman
• December 11, 2017

DHL GF the latest legacy forwarder to digitalize air freight bookings

The phone call that was once required for a shipper to book an airfreight shipment with a legacy forwarder may soon become unnecessary for general freight shipments. On 30 November, DHL Global Forwarding announced it was expanding the capabilities of its customer portal DHL Interactive Online Freight, with the introduction of an Online Freight Quotation […]

• Charles Kauffman
• December 1, 2017

A tale of two (Swiss) forwarders

Switzerland-based forwarding and logistics giants Kuehne+Nagel and Panalpina posted their third quarter results this week, and while the companies may be geographically close, their results are not close at all. Detailed third-quarter and year-to-date results for both K+N and Panalpina are shown in the charts at right, but here are a few comparisons from the […]

• David Harris
• October 19, 2017

Air freight carries Panalpina’s second quarter

The robust 2017 air cargo market continues into its sixth month, and there are clear indications that profitability has improved for air freight forwarders. As can be seen from the chart at right, Switzerland-based forwarder Panalpina reported 2Q17 net income of US$19 million, a significant improvement over net income of $5 million for 2Q16.  Operating […]

• Charles Kauffman
• July 21, 2017