Cainiao shifts focus to import logistics as trade war intensifies

China-based Alibaba Group made no attempt to avoid discussion of the trade war following the release of its Q419 earnings. Instead, during a call with analysts this week, company CEO Daniel Zhang called the tense negotiations between the United States and China, “an opportunity for the Chinese economy.” Rather than focus on export declines, “China […]
  • Charles Kauffman
  • May 21, 2019

CFA: Air cargo trade lanes can adapt to a trade war [VIDEO]

During a roundtable panel discussion at the 8th annual Cargo Facts Asia symposium held last month in Shanghai, executives from Agility and China Southern Airlines discussed the impact of the United States-China trade war on the Asia-Pacific air cargo market. According to panelists, while trade flows have shifted in the region as a result of […]
  • Caryn Livingston
  • May 16, 2019

UPS’ growing 747-8F fleet boosts air volumes in Q1

UPS reported first-quarter 2019 net income was down 17.4% year-over-year to $1.11 billion, on revenues that were up slightly (0.3%) at $17.1 billion. Operating profit for the quarter declined 8.3% to $1.39 billion, as the company was hit by forecasted “headwinds” and a series of severe winter storms that impacted the company’s US Domestic segment. […]
  • Charles Kauffman
  • April 26, 2019

EU-US Trade War Escalates Over Disputed Aviation Subsidies

(Bloomberg) — The European Union is preparing retaliatory tariffs against the U.S. over subsidies to Boeing Co., significantly escalating transatlantic trade tensions hours after Washington vowed to hit the EU with duties over its support for Airbus SE. The two sets of punitive measures are the latest twists in a 14-year-old dispute that the U.S. […]
  • Bloomberg News
  • April 9, 2019

Cargo traffic declined in January

Almost unanimously carriers headquartered in Asia, Europe, and the Americas have begun reporting lower year-over-year cargo traffic for the month of January 2019. As can be seen from the chart at right, of the six major Asia-based carriers that have reported January traffic figures, all but one – China Airlines – have reported year-over-year declines […]
  • Charles Kauffman
  • February 20, 2019

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
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