DHL ‘Parcelcopter 3.0’ gets James Bond treatment in Bavaria [VIDEO]

If it’s Friday, it must be time for another drone video on ACW… OK, we admit that we have a weakness for these little unmanned gadgets, but this particular system, created by Germany-based Deutsche Post DHL, is a far cry from the spindly, insect-like “Parcelcopter” we featured back in September 2014. This is “Parcelcopter 3.0,”[…]

YTO plans larger aircraft for international expansion

China’s third-largest express delivery company, YTO Express Airlines, has formally announced plans to introduce at least three widebody freighters into its fleet by 2018 as it prepares to expand its presence beyond its home market, according to a report from China Aviation Daily. YTO Airlines’ parent company, YTO Express, operates a robust ground delivery network,[…]

Lufthansa, Cathay Pacific: A partnership of giants

Two of the world’s top three international cargo carriers have joined forces. Lufthansa and Cathay Pacific rank second and third, respectively, among all airlines in international cargo traffic, trailing only Emirates. So their formation of a joint network to connect Hong Kong to Europe, as announced today, is an interesting move. See details from our sister publication, Cargo[…]

DSV’s UTi acquisition boosts airfreight, but drags on profit

Although DSV’s acquisition of UTi has yet to pay significant dividends, as net profit dropped 45.4 percent year-over-year, to US$49 million for the first quarter of 2016, the company’s airfreight operations reported significant growth. Airfreight volumes for DSV soared 71 percent to 122,817 tonnes during the same period. Much of the airfreight volume growth (66[…]