Is Adidas’ turn to air freight over ‘supply chain shortages’ linked to tariffs?

• Caryn Livingston
• June 7, 2019
• Capacity & Demand, Update

During a 3 May conference call to discuss 1Q earnings for 2019, Adidas CFO Harm Ohlmeyer began with the news that the sportswear giant would have to expedite some shipments by air, rather than by ocean or trucking, during 2Q and 3Q, to mitigate the impact of shortages in its supply chain during the first […]

Cainiao shifts focus to import logistics as trade war intensifies

• Charles Kauffman
• May 21, 2019
• E-Commerce, News, Update

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 […]

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

• Caryn Livingston
• May 16, 2019
• All Posts, Cargo Facts Asia, Strategy, 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 […]

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

• Charles Kauffman
• April 26, 2019
• Aircraft, All Posts, Capacity & Demand, Carriers, News

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. […]

EU-US Trade War Escalates Over Disputed Aviation Subsidies

• Bloomberg News
• April 9, 2019
• Bloomberg, Strategy

(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. […]

Cargo traffic declined in January

• Charles Kauffman
• February 20, 2019
• All Posts, Capacity & Demand, News

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 […]

Chinese fiscal reform could be a boon to e-commerce, says Alibaba

• Charles Kauffman
• January 30, 2019
• All Posts, Strategy

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 […]

Top 4 Cargo Facts predictions for 2019

• Caryn Livingston
• December 31, 2018
• All Posts, E-Commerce

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 […]