One would be hard-pressed to name a market expanding more rapidly than cross-border e-commerce, and today Deutsche Post DHL Group’s Post – eCommerce- Parcel unit has unveiled its strategy to construct six new distribution centers and expand two existing centers in the United States to leverage this growing market. By 2020, the value of cross-border[…]
It’s been a year already scarred with bad economic and political news in France and much of Western Europe, and it has so far been reflected in the first-half figures from Air France-KLM Cargo, which saw freight volumes fall 6.5 percent to 558,000 tonnes, year-over-year. Cargo revenues for the first six months of the years[…]
Iron Maiden’s “Book of Souls” tour, which wrapped up last month in Germany, saw one of the hardest working bands in showbiz jet between 50 shows on six continents onboard a customized 747-400, chartered by Air Charter Service (ACS) and operated by Air Atlanta. The 747-400, with “Eddie,” the rotting-corpse mascot of the band proudly[…]
Today’s preliminary half-year 2016 numbers from Deutche Bahn AG, parent company of DB Schenker, put the German transportation company just ahead of it’s position last year, up 0.2 percent, year-over-year, increasing adjusted revenue by US$36.27 million to reach $22.01 billion for the first six months of the year. Air freight registered a 0.9 percent increase,[…]
ZS Fund LP, a New York-based private equity firm, has acquired Amerijet Holdings and its subsidiaries – Amerijet International, Inc., and ITN Worldwide. In conjunction with the acquisition, Amerijet CEO Dave Bassett is retiring and Vic Karjian, former chairman of Swiss carrier Farnair and co-founder and CEO of Falcon Aviation Group, is coming on board.[…]
Freightos has expanded its online marketplace that the logistics technology company hopes will revolutionize the freight market. After launching the Freightos Marketplace in January 2016 in “closed beta” mode, providing fast freight price quotes for some of the world’s largest forwarders, the company has broadened its scope to allow small- to medium-sized enterprises (SMEs) to[…]
