Powdered milk is a phenomenally popular product in China. Numerous scandals involving contaminated domestic milk, a shortage of dairy cows and a general admiration for imported products have made milk powder a commonly found commodity in the e-shopping carts of Chinese consumers. In fact, for one Australian milk cooperative, China has been seen as the[…]
On the same day that Richard Forson is to take over the reins of Cargolux after CEO Dirk Reich suddenly stepped down, the all-cargo carrier world was rocked again this morning as AirBridgeCargo’s announced that executive president Denis Ilin has resigned after three years on the job, “in accordance with mutual agreements,” the Russian carrier[…]
In a conference call with investors, UPS CEO David Abney announced another strong quarter for the global logistics company, and came out swinging in favor of free trade. Among the highlights of the report were strong earnings for the second quarter. Total revenue was up 3.8 percent over the same quarter last year, to $14.6[…]
Preliminary June traffic figures from the Association of Asia Pacific Airlines (AAPA) provided a rare bright spot in an otherwise dour few weeks of reports. Air cargo demand among Asian carriers last month saw modest growth for the first time since the start of the year, growing by 4.1 percent, year-over-year, measured in freight tonne[…]
DHL has expanded its operations in Chicago, opening a US$1.3 million service center facility to meet “heavy demand” for international e-commerce growth from local businesses in the state of Illinois. The new center, the company said, will handle a variety of shipments, including international small parcels, palletized shipments and container freight. At 38,000 square feet,[…]
Who says the Brits can’t make a decision on airport expansion? London’s new mayor, Sadiq Khan, who took office in May, has dropped his predecessor’s objections and approved the expansion of London City Airport. The airport has been granted planning permission for its $451.3 million expansion, allowing it to increase passenger traffic from 4.3 million[…]
