Delta Air Lines announced it made US$923 million in adjusted pre-tax fourth-quarter income, which was down $524 million, year-over-year, a decline the carrier attributed to it’s new pilot agreement, which entailed a substantial retroactive pay hike. The Atlanta-based carrier’s Q4 net income fell 37 percent to $622 million. Fourth-quarter cargo revenues also slid 9.8 percent,[…]
Freight forwarding network WCA is set to collaborate with China’s Alibaba.com on cross-border ecommerce shipments in a tie-up that expands Alibaba’s international reach through an additional 6,300 logistics offices of small- and medium-sized enterprise (SME) forwarders on the WCA roster worldwide. In return, WCA forwarders gain access to the Alibaba logistics platform for cross-border e-commerce[…]
As concerns over a rise in express package thefts, FedEx and Walgreens pharmacies have inked a long-term deal to install 8,000 secure pickup/dropoff locations in pharmacies across the United States. Starting this spring, a small-scale rollout will begin, and FedEx expects to have the program available at “thousands of Walgreens locations later this calendar year[…]
Volga-Dnepr Airlines’ resurgent oil-and-gas (O&G) cargo volumes are the latest indication that rising prices at the pump are translating into renewed investment in the sticky black stuff. A 68.8-tonne payload, including a pump and vaporizer skids that were flown to Seoul, South Korea, was a newsworthy illustration of how infrastructure-intensive the business is, and the[…]
Starting April 4, 2017, American Airlines will add a daily A330-200 widebody flight to its extant twice daily narrow-body scheduled service between San Juan Luis Muñoz Marín Airport (SJU) and Philadelphia International Airport (PHL). PHL is home to American Airlines Cargo’s dedicated, 25,000-square-foot pharmaceutical facility, making Philly an important node for importing Puerto Rican pharmaceuticals.[…]
Rio de Janeiro – Galeão International Airport has become the first such facility in the Americas region to earn IATA’s CEIV-Pharma Certification this week. The effort is part of a US$10 million bid to attract a larger share of one of airfreight’s most lucrative types of cargo. In addition to extensive training, audits and assessments,[…]
