MIAMI – When it comes to innovation in the airfreight industry, there are technological advances and there are process improvements. Both are equally important to the bottom line of a logistics firm, but they must have the right team in place to ensure that the benefits are sustainable, according to last week’s ELEVATE 2016 panel[…]
The inaugural ELEVATE 2016 conference held in Miami last week featured DEMOvation, a panel of innovative startup companies that demonstrated their logistics products or services in front of an audience of aviation professionals, venture capital firms and other stakeholders in the air cargo sector. The audience posed questions to the DEMOvation panel, and ultimately voted[…]
Many of the world’s major cargo carriers and airports have now reported their September results, and with only one exception the reports show increasing demand (the only carrier whose September results were not better than its year-to-date results was China Southern). Based on these individual reports, we expect that when IATA publishes its summary of[…]
Cargo revenues at Delta fell 15 percent year-on-year (y-o-y), or US$29 million in the third quarter, to $167 million, pushing revenue for the first nine months of 2016 down 20 percent, or $126 million, to $494 million. These low numbers don’t factor extensively into Delta’s overall results however, with cargo constituting only 1.6 percent of[…]
Earlier this week, Alan Hedge, senior director of Air Cargo Management Group, gave an excellent presentation during the Cargo Facts Symposium in Miami about the rise of e-commerce in the logistics industry. The session, titled “Amazon and the Rise of Own-Network Express,” provided an exhaustive analysis of the evolution of e-commerce, the Seattle-based online retailer[…]
Air cargo volumes at airport operator Fraport’s facilities rose at all the company’s high-volume airports, except for Lima, which fell another 9.5 percent, year-over-year, on the back of Chile’s ongoing market downturn. At Fraport’s flagship operation, Frankfurt, y-o-y cargo volumes rose 5.8 percent to 176,921 tonnes. While less significant in terms of volumes, Fraport’s two[…]
