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Logistics News

Monday July 22, 2019 14:36

Amazon to open two Ohio fulfillment centers 

Today, Amazon announced plans to open two new Ohio fulfillment centers – one in Akron and the other in Rossford.  Each ...

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Monday July 22, 2019 14:30

Cathay Pacific acquires HK Express, appoints new director

Hong Kong-based Cathay Pacific Airways said on Friday that it had completed the acquisition of low-cost carrier Hong Kong Express ...

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Monday July 22, 2019 14:20

Cargojet handles record volumes supporting Amazon’s Prime Week 

Today, Canada-based cargo airline Cargojet announced that it handled record volumes and added capacity to support burgeoning e-commerce demand for ...

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Monday July 22, 2019 14:10

Sennder raises $70m in bid to take on antiquated logistics market

Berlin-based ground logistics company Sennder recently secured US$70 million in a Series C funding round led by Lakestar, according to ...

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Friday July 19, 2019 14:33

E-commerce fulfillment costs are rising faster than revenue, Cargo Facts Consulting finds

In September 2019, Cargo Facts Consulting will publish a new report, the Global E-Commerce Logistics Outlook, to help companies craft their ...

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Friday July 19, 2019 14:00

LATAM, Delta June traffic remains weak in volatile market climate 

In the Americas, Chile-based LATAM Cargo reported flat year-over-year cargo traffic and Atlanta-based Delta Air Lines reported continued year-over-year declines ...

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Friday July 19, 2019 13:55

Update: Lakeland Airport prepares for bids on facilities in Amazon lease agreement

This week, the city government of Lakeland, Florida, announced via Twitter that it is moving forward in its plans to ...

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Friday July 19, 2019 13:10

Temasek-backed SATS plunges on macro headwinds, Jet Airways

Singapore airline services provider, SATS Ltd., plunged after it reported a drop in earnings due to global macro headwinds and ...

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Thursday July 18, 2019 13:30

Forwarder EFL commits to Pittsburgh as airport angles for JFK and ORD flights 

Today, Sri-Lanka based freight forwarder EFL announced that it will base its North American Cargo Distribution Center at Pittsburgh International ...

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Thursday July 18, 2019 13:24

Sluggish demand from high-yield cargo verticals hits Panalpina in 1H19 

Swiss  forwarding giant Panalpina reported airfreight volumes up 5% year-over-year to 512,000 tonnes for the first half of 2019 as recent acquisitions began ...

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