Drone Delivery Canada and Bell partner to improve drone technology

 Drone Delivery Canada has announced a definitive collaboration agreement with Bell Mobility, effective April 13, 2022, to collaborate on the development of certain products and services in order to improve technology as it relates to 5G network and multi-access edge computing for autonomous drone...

C.H. Robinson Q12022 revenue up 42% on higher pricing, volume

 Nasdaq-listed global logistics platform C.H. Robinson reported a 42 percent in total revenue to $6.8 billion for the first quarter ended March 31, 2022, driven primarily by both higher pricing and higher volume across services.Adjusted gross profit increased 29 percent to $906 million, adjusted...

K+N Q12022 turnover up 68% to $10.6bn on unabated demand

 Kuehne+Nagel reported a 68 percent increase in net turnover to CHF10.2 billion ($10.6 billion) marked by continued strong demand for high-quality transport services.While earnings nearly doubled to CHF 832 million ($865 million), free cash flow increased by almost CHF 1 billion ($1.04 billion),...

Wiremind separates air cargo business 'Wiremind Cargo' as subsidiary

 Wiremind today announced the separation of its dedicated air cargo business unit Wiremind Cargo, launched in November 2021 and headed by CEO, Nathanaël de Tarade, and CTO, Etienne Corbillé.Created in 2014, Wiremind is a leading French company providing revenue optimization and inventory management...

Semiconductor chip shortage till 2023 or overproduction by 2025?

 Semiconductor chip shortage has been one of the critical issues in the tech, electronics, and automotive industries over the last two years. The unavailability of chipset and electronics components have materially impacted businesses in terms of revenue and customer experience.The shortage of...

Natilus targets Africa, Europe, Asia for intermodal modes of transport

 The U.S. based autonomous aircraft designing and manufacturing company Natilus announces its expansion to Brown Field in San Diego. The company will be hosting engineering and manufacturing facilities for the Natilus family of aircraft.“As the design of the prototype aircraft nears completion,...

American Q1 cargo revenue up 15% to $364mn

 American Airlines reported a percent increase in cargo revenue at $364 million for the first quarter ended March 31, 2022 compared to $315 million in Q12021.Cargo tonne miles increased marginally (0.7%) to 536 million from 532 million, and cargo yield per tonne mile increased almost 15 percent...

Ethiopian Airlines, UTD Aviation Solutions & AFRAA come together

 Ethiopian Airlines MRO, UTD Aviation Solutions and the African Airlines Association (AFRAA) have signed a tripartite Memorandum of Understanding (MoU) to work together on Maintenance, Repair, and Overhaul (MRO) services in pursuance of The Brown Condor Initiative (BCI).The signing ceremony took...

TechEagle launches Vertiplane X3, India's fastest hybrid e-VTOL drone

 Gurgaon-based leading drone delivery startup TechEagle launched Vertiplane X3, India's fastest hybrid electric vertical take-off and landing (e-VTOL) drone, at the E-Commerce Logistics Summit 2022 in Mumbai today. The newly launched drone has hybrid capabilities of a helicopter and an aeroplane,...

Rakesh Raikar is Cathay Pacific's new Regional General Manager

 Cathay Pacific – the award-winning Hong Kong-based airline – has appointed Rakesh Raicar as the airline's new Regional General Manager for South Asia, Middle East and Africa (SAMEA). Raicar, who has over 30 years of experience working with Cathay Pacific, will take over from his predecessor,...

Chhatrapati Shivaji Maharaj Intl Airport cargo handled up 30% in FY22

 Chhatrapati Shivaji Maharaj International Airport (CSMIA) reported a 30 percent increase in cargo handled at 556,900 metric tonnes (MT) for the year ended March 31, 2022 compared to the same period last year. While international cargo volumes increased 26 percent, domestic cargo volumes were...

Airbus and Kawasaki partner for hydrogen-powered ecosystem in Japan

 Airbus and Kawasaki Heavy Industries (Kawasaki) have signed a Memorandum of Understanding (MoU) to collaborate on the development of a hydrogen-powered ecosystem. The scope will encompass many components of the hydrogen supply chain, from hydrogen manufacturing through distribution to airports...

Delta Q1 cargo revenue at $289mn, up 51% from Q12019

 Delta Air Lines reported cargo revenue of $289 million for the March quarter, a 51 percent increase compared to the same period in 2019 on strong demand and yields. For the March quarter, Delta reported an adjusted operating loss of $793 million on adjusted operating revenue of $8.2 billion, an...

FFFAI to host 24th biennial convention in Chennai from August 12-14

 The Federation of Freight Forwarders Associations in India (FFFAI) has announced its 24th Biennial Convention of the Federation to be held from August 12 to 14, 2022 at ITC Grand Chola in Chennai with the theme ‘Logistics — Reshape, Embrace and Surge in The Digital Era’. This was announced during...

ACI reveals top 10 cargo airports; HongKong International ranks first

 Airports Council International (ACI) World has released the top ten busiest airports in the world for 2021, indicating hopeful signs of traffic recovery as several prior biggest airports re-join the top rankings.Air freight, which was less affected by COVID-19, saw its volumes rise by about 15%...

dnata expands London Heathrow operations with new cargo facility

 dnata has opened a new, state-of-the-art cargo facility at London Heathrow Airport (LHR). The customised facility, which is part of the company’s ‘dnata City East’ complex, improves dnata’s capacity at LHR, assuring sustained seamless processing of a diverse variety of items despite continually...

Auburn University students visit air cargo facility at Atlanta Airport

 A group of students of Logistics and Supply Chain Management at Auburn University got a chance to be a part of an exclusive air cargo familiarisation tour at Atlanta Airport on March 25.The 7.5-hour event was jointly planned by Auburn UniversityJAS Worldwide, Swissport, and Qatar Airways Cargo....

MNG Airlines converts second A330-300 P2F in Germany

 MNG Airlines, which holds a significant portion of Turkey’s air freight market, increased its fleet modernization efforts last year. They invested in buying and upgrading two A330–300 aircraft to improve payload capacity and minimise the company’s carbon impact.MNG Airlines introduced Turkey’s...

Logistics startup Tive raises $54 million

 US-based Tive completed a $54 million Series B round of funding. The funding round, the largest to-date for Tive, was led by AXA Venture Partners with participation by Sorenson Capital, Qualcomm Ventures, Fifth Wall, SJF Ventures and Floating Point Ventures.Existing investors RRE Ventures, Two...

DB Schenker appoints Kinjal Pande as India CEO

 DB Schenker, the global logistics service provider owned by Deutsche Bahn Group, has appointed Kinjal Pande as the new CEO for India and the Indian subcontinent, effective immediately.Kinjal will succeed interim CEO Vivek Chopra who stepped in for Vishal Sharma since his move to a new role in...

Frankfurt Cargo Services launches Dakosy's ramp control system

 Frankfurt Cargo Services (FCS), the largest independent cargo handler at Frankfurt Airport, has implemented Dakosy’s FAIR@Link digital ramp control system to reduce truck waiting times for cargo collections and deliveries.The slot booking tool allows FCS, an affiliate of Worldwide Flight Services...

LogicSource gets $180mn growth investment from FTV Capital

 US-based LogicSource has raised $180 million from FTV Capital, a sector-focused growth equity investor in innovative enterprise technology and services businesses.“With this new funding, LogicSource will enhance its services, technology and data offerings, enter new verticals and further invest...

Kodiak Robotics, U.S. Xpress announce partnership

 Kodiak Robotics, a self-driving trucking company, has teamed up with U.S. Xpress, one of America’s largest carrier fleets, to launch Level 4 autonomous freight service between Dallas-Fort Worth and Atlanta using Kodiak’s self-driving trucks.“U.S. Xpress will become the first cornerstone truckload...

Halifax cargo activity increased 5% in 2021

 Halifax Stanfield processed 34,769 metric tonnes of cargo in 2021, an increase of 5.4 percent from 2020. The value of exports in 2021 was C$496 million ($397 million), up 6.3 percent from the previous year.Recovery is expected to continue as exports remain strong, new carriers enter the market,...

Adopt a digital approach to risk management, says CCA

 Stakeholders across the perishables supply chain should adopt a digital approach to risk management to reduce waste and create value by extending shelf life, Eric Mauroux, Cool Chain Association (CCA) Board member and Founder and Chief Executive Officer (CEO) of FreshBizDev told delegates at Fruit...

Schenker Ventures invests in e-commerce platform Warehousing1

 DB Schenker has announced an investment in Warehousing1, a Berlin-based e-commerce fulfilment platform provider. Schenker Ventures, the global logistics service provider’s holistic venturing section, has raised its first venture capital investment.Schenker Ventures has joined Warehousing1’s Series...

FedEx Logistics opens global HQ in Memphis

 FedEx Logistics, a subsidiary of FedEx Corp, opened its new global headquarters in Downtown Memphis, a new focal point for the company’s global operations in 34 countries and territories.“Great cities have great buildings. From this magnificent facility, our employees will collaborate, innovate,...

Qatar Airways Cargo first to use Gaussin's zero-emission innovation

Gaussin and Qatar Airways Cargo on Tuesday announced the successful testing and commissioning of the AMDT FULL ELEC automotive multi-directional transporter for air cargo pallets. Production is currently underway and slated for delivery in Q2 2022.This multi-directional transporter for airport cargo...

'Cybercrimes in this sector can send shockwaves across borders'

 From the newest malware that poses a cybersecurity threat to organizations in the backdrop of the current Ukraine-Russia war and economic crisis to the need for integrating global threat intelligence into defensive security protections, to why a Zero Trust framework may be critical to companies, Siddharth...