Preliminary traffic figures for November from the Association of Asia Pacific Airlines (AAPA) showed quickening growth in international air cargo demand. Demand climbed 5.3 percent, year-over-year, for the month, which the organization attributed to “broad-based improvements in new export orders.” Monthly freight tonne kilometers (FTKs) rose from 5.8 billion in 2015 to 6.1 billion in[…]
Last year broke sales records for Tmall Global, Alibaba’s online platform that enables international brands to sell directly to Chinese consumers. But for Alibaba, this is just the start. In David Harris’ piece in our sister publication, Cargo Facts, he write about Alibaba’s vision of the “Electronic World Trade Platform” – a sort of World[…]
Logistics technology company Descartes Systems Group has acquired Datamyne, a provider of cloud-based trade data for analysis of import and export trade activity. The acquisition gives Descartes access to almost two and a half decades of data on import-export transactions in the Americas, which bolsters its business intelligence offerings. Brendan McCahill, CEO of Datamyne and[…]
E-commerce giveth with one hand, and taketh away with the other, so sayeth UPS, which is bracing for what it is calling “National Returns Day,” when online shoppers are expected to return some 1.3 million unwanted packages to retailers tomorrow, Jan. 5. The whole first week of the new year is shaping up to be[…]
As the new year turned, Ethiopian Airlines took a moment to congratulate itself on its 2016 performance in a press release that had an interesting update on its ambitious new cargo terminal, which is now 82 percent complete, and expected to be operational in April 2017. Upon completion, the Addis Ababa facility will have an[…]
Deutsche Post DHL Group has completed the acquisition of UK Mail in a US$315.5 million bid to strengthen its presence in the U.K. e-commerce market. Both E.U. and U.K. regulatory bodies signed off on the deal in late 2016, and the companies have moved to cancel the listing of UK Mail Group plc shares, amend[…]
