Global freight capacity grows by 3.5% in 2018 
The International Air Transport Association (Iata) released full-year 2018 data for global airfreight markets showing that demand, measured in freight tonne kilometres (FTKs) grew by 3.5% compared to 2017. This was significantly lower than the extraordinary 9.7% growth recorded... plus
C.H. Robinson increased revenues to USD 16.6 billion
C.H. Robinson Worldwide reported financial results for the quarter and fiscal year ending 31 December 2018. Total revenues increased 11.8% to USD 16.6 billion, driven by growth across all transportation service lines. Income from operations totalled USD 912.1 million, up 17.7%... plus
Brazilian cargo airline expands fleet
Backed by the private-equity firm DXA Investments, Modern Logistics (Brazil) is preparing to put a fourth B737F into commercial service in coming weeks. The logistics company, based in Jundiaí, São Paulo, also plans to add several more narrowbody freighters to its fleet... plus
World Insurance Services appoints new CEO
World Insurance Services, a marine insurance provider for independent freight forwarders, has named former executive Monica Lee as CEO. Bryce Barnhart, who previously led the insurance facility, is now WCA’s vice-president of North America. World Insurance was created in... plus
Strong Q4 rounds off a strong year
UPS has tabled its Q4 and full-year earnings for 2018. Total 2018 revenue increased by 7.9% to USD 71.9 billion on shipment growth; the revenue-yield expansion of 4.3% surpassed the 2017 yield by 200 basis points. The company opened 14 major facilities in the USA in... plus
ANA Cargo adds triple seven on transpac route
ANA All Nipon Airways Cargo plans to begin B777F operations next summer. Since cargo demand between Asia and North America is expected to increase over the medium to long term, the carrier says it will respond with the introduction of a B777F aircraft - the first of two it has... plus
ABC mandates ACG to finance a B747-8F
California (USA)-headquartered Aviation Capital Group (ACG), an aircraft operating lessor founded in 1989, has been mandated by Airbridge Cargo Airlines (ABC) to structure, arrange, and provide a guarantee for a senior loan to finance a portion of the airline's purchase price of... plus
SPC Logistics wins Hoyer representation
SPC Logistics has obtained representation from Hoyer, a major provider of transport services for liquids such as chemicals, foodstuffs and mineral oil. SPC logistics will continue to function as agents for Hoyer within Nicaragua and Costa Rica. Hoyer uses flexitanks and... plus
Japanese carriers to end mail codesharing with UPS
ANA All Nippon Airways and Air Japan are to cease mail codesharing with UPS effective tomorrow (2 February 2019). After the merger with ANA in 2010, Air Japan began to operate 217 cargo flights per week with a B767-300F/BCF. The main operating hubs for the cargo flights are in... plus
Fedex delivers Super Bowl trophy
The professional football world is descending upon Atlanta GA (USA) in preparation for Super Bowl LIII. One special piece of hardware has already arrived courtesy of Fedex Express. The company was selected to provide safe and on-time delivery of the Vince Lombardi Trophy to... plus