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Panalpina reports increased airfreight volume, continued slump in ocean freight sector

Switzerland-based forwarder Panalpina released its financial results for the first quarter of the year, reporting increases in overall profitability, with earnings before interest and taxes (EBIT) up in its Air Freight and Contract Logistics divisions, but down in its weakening Ocean Freight division. Overall EBIT came in at US$25 million, a

Boeing delivers first 737-800 freighter conversion

 The new Boeing 737-800BCF freighter conversion features 12 pallet positions on the main deck. (Image: Boeing)   Sweden-based West Atlantic Group will operate the plane, which it expects will “improve reliability, lower aircraft operating costs and provide a better environmental footprint.” Boeing delivered its first 737-800 passenger plane converted to freighter service this

Etihad Airlines invests in German temperature-control Cargo containers

The Opticooler, a German-made, electric airconditioned container This week, Etihad Cargo has retained the cool-chain services of Frankfurt-based DoKaSch Temperature Solutions - a provider of climate-controlled solutions for air cargo,  to provide air-conditioned “Opticooler” ULD containers. The two organizations signed a master agreement that will allow Etihad Cargo to expand its TempCheck cool

DHL reports on A.I.’s potential benefits – and looming concerns – in logistics community

This week, DHL and IBM released a joint report on the development of Artificial Intelligence (A.I.) technology and its potential to change the logistics industry – noting that, in many ways, A.I. is already making profound changes to the retail environment, not all of which are positive. While there are many ways to

DHL Global Forwarding targets startups with Berlin helpdesk

With the proliferation of startups in today’s increasingly digital economy, DHL Global Forwarding, the ocean- and air-forwarding arm of Deutsche Post DHL, launched a Berlin helpdesk intended specifically to help its startup and entrepreneur customers. The Start-Up Helpdesk, which offers logistics and supply chain services and advice, “acts as a link between

Thunderstorms cause delays at FedEx Memphis facilities

On Saturday, FedEx Express notified clients and shareholders of “substantial flight and sort disruptions” due to severe thunderstorms in Memphis, which could potentially delay delivery times of freight moving through the express carrier’s hub location. The water level of the Mississippi River, which is in close proximity to some of the

Air cargo soars but trade war threat looms large

Air freight volumes at the 20 busiest airports worldwide grew 6.8 percent last year, but the “specter of uncertainty regarding trade policy among major economies” could dampen growth in 2018, according to ACI Director General Angela Gittens.   Air cargo volumes at the 20 busiest airports in the world soared 6.8 percent

How DHL is Expanding U.S. Footprint alongside global trade growth

DHL's new southern California facility handles shipments of export cargo and import cargo in international trade. DHL has been expanding its locations around the world to keep up with growing e-commerce and international trade demand, and its most recent expansion in southern California has doubled its intake capacity in Ontario, California. Shipments DHL processes

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