JOC Senior Content Editor Alessandra Barrett and Executive Vice President and Chief Operating Officer of FedEx Trade Networks Dr. Udo Lange discuss how e-commerce is shaping shipping and logistics now, and how it will continue to shape the industry in the future as the gap between e-commerce and traditional commerce narrows.
The downside to an industry sector having a great quarter is that it places immense pressure on it to repeat the feat the following year or the comparisons will be dismal. This is where the air cargo industry finds itself after the first quarter of 2016.
ANA Holdings Inc. and Japan Airlines Corp. both increased their group net profits despite cargo weakness.
CMA CGM has introduced a new container to corner the live lobster market.
Japan’s air cargo trade with foreign countries will shrink for the second straight year in fiscal year 2016, which started on April 1, Nittsu Research Institute and Consulting Inc. predicted, citing sluggish exports and imports.
TNT Express narrowed its net loss in the first quarter to 14 million euros ($15.8 million) from 19 million euros a year ago as it prepares to be taken over by its larger U.S. rival FedEx.
Shanghai’s largest air cargo terminal has continued its solid volume growth of 2015 into the first quarter, handling record year-over-year throughput from January to March.
Diversification, an acquisition and a change in its dimensional weight factor in its expedited less-than-truckload business helped drive first-quarter revenue and profit higher at Forward Air.
There is mounting speculation that Amazon is interested in acquiring a stake in Frankfurt-Hahn Airport to establish a major European distribution hub.
Europe’s leading air cargo carriers are continuing to post lower traffic figures month after month while their smaller rivals are still boosting their market shares.