Chinese authorities now demand that imported American goods must be “mosquito-free” to prevent the Zika virus from spreading to Asia. The decision is expected to create export delays and has U.S. exporters and government officials scrambling for a regulatory solution. The Chinese General Administration of Quality Supervision, Inspection and Quarantine stated that “with immediate effect,[…]
Cargo volumes at Brussels airport for the first seven months of the year were down across the board, in stark contrast to numbers coming from German airports this month, suggesting that the deadly terrorist attack in March, and other similar attacks across Europe, continue to cause lasting damage to business at an airport that bills[…]
A new cargo facility in Guadalajara is increasing Yusen Logistics’ airfreight forwarding network in Mexico, featuring a 16,000-square-foot warehouse co-located at the branch. The Guadalajara branch, which opened on Aug. 1, will handle “increasing demand for logistics capability in Mexico, particularly in areas like Guadalajara, which has become a critical hub for airfreight shipments from[…]
China’s “new economic reality” of slower growth has not stopped Chinese e-commerce Alibaba from posting a better-than-expected 59 percent increase in first-quarter revenue to US$4.8 billion, its biggest gain since the company went public two years ago with a $25 billion IPO. Annual active buyers increased to 434 million, representing an 18 percent year-over-year increase. Revenue[…]
ATSG remains bullish about its adjusted EBITDA from continuing operations for 2016. However, the provider of air cargo transportation and related services felt the impact of its year-long relationship with Amazon during Q2, with first-half capital expenditure was $125 million, up from just $76 million a year earlier. In terms of profit, net earnings in[…]
UPS Worldwide Express Freight is expanding its service to nine new countries: Bahrain, Bangladesh, Kuwait, Malta, Morocco, Pakistan, Qatar, Sri Lanka and Tunisia. Within the past year, UPS also added eight additional countries, meaning that the service is now offered in 66 origin and 64 destination countries and territories. “Companies in the healthcare, retail and[…]
