The U.S. Customs and Border Protection (CPB) agency announced late last month that its Air Cargo Advance Screening (ACAS) pilot program will be given yet another one-year extension. The program will be extended through July 26, 2017, giving various supply chain stakeholders another 12 months to prepare for the mandatory advanced filing of information about[…]
Fraport, which operates Frankfurt Airport, and owns a 50 percent stake in Turkey’s Antalya Airport, among others, missed its passenger targets in the second quarter of 2016, but it still registered an uptick in its cargo over the same period. At Frankfurt, Q2 cargo increased by 2.3 percent, year-over-year, to 528,712 tonnes and was up[…]
Amazon unveiled its first aircraft in a series to be painted in “Prime Air” livery. Our sister publication, Cargo Facts was on site at Sea-Tac Airport when “Prime One” was released to an audience of waiting executives from Atlas Air, Amazon and members of the media for the first time on Thursday. Source: aircargoworld
The annual barbeque was only days away when Miriam looked out of the kitchen window of the two-story Duluth duplex she and her husband Mark lived in and realized that their lawn furniture had been ruined by last year’s unusually severe Minnesota winter. Miriam flipped open her laptop and rushed to avert a seating crisis.[…]
Deutsche Post-DHL’s ambitious 2015 restructuring agenda is beginning to pay dividends, with the company posting record-high second quarter results. Earnings before interest and taxes (EBIT) rose 40 percent to a record US$832.25 million for the second quarter, prompting DHL to reconfirm its expected financial position for full-year 2016: a consolidated EBIT of between $3.79 billion[…]
Atlas Air has wrapped up its second quarter figures, which president and CEO William Flynn called “one of the most important in the company’s history,” following the acquisition of Southern Air and the game-changing deal with Amazon to lease and operate twenty 767-300 freighters. It was also a rough quarter, with income from continuing operations,[…]
