Online freight broker Freightos purchased a wider variety of routes and modes of transportation in its marketplace through the acquisition of Spanish startup WebCargoNet, which maintains a database of global air-freight rates. Chief executive Zvi Schreiber said he hopes that the acquisition will provide an edge for the online international freight marketplace in an increasingly[…]
Cargo-only carrier ABX Air is tight-lipped about whose cargo will be routed through Illinois-based Rockford International Airport (RFD), but with the recent deal between ABX parent company ATSG and Amazon, the answer might just involve a certain Seattle-based e-commerce giant that sounds like a river in Brazil. Starting Sept. 6, ABX will operate a daily[…]
After a two-year bureaucratic battle with a rival carrier, Silk Way West Airlines has been granted a foreign carrier air permit by the U.S. Department of Transportation (DOT), allowing the carrier to offer both scheduled and chartered cargo flights between Baku and New York’s JFK Airport. The Azerbaijani carrier’s 2014 application was initially opposed by National[…]
Cargo-only Rickenbacker International Airport (LCK), based in Lockbourne, Ohio, is expanding further, with the launch of services by logistics, transportation and supply chain management provider, Morrison Express. From its 90,000-square-foot container freight station (CFS), Morrison is able to reach more than 70 percent of the population of the United States and Canada population within two[…]
Air cargo markets in the Asia-Pacific region are growing, albeit slowly, according to preliminary traffic figures for the month of July, recently released by the Association of Asia Pacific Airlines (AAPA). Member airlines’ cargo volumes grew by 3.9 percent, measured in freight tonne kilometers (FTKs). In spite of a 3.4 percent increase in capacity for[…]
Finnair has chosen HUB logistics to automate its new €80-million COOL Nordic Cargo facility at Helsinki Airport. The 37,000-square-meter warehouse opens May 2017, with HUB logistics Finland spending the remaining eight months ensuring a smooth transition and optimized usage of the automated terminal. The agreement also signals the end of Finnair’s partnership with the current[…]
