express shipments

UPS places repeat order with Boeing for 767 freighters

A UPS jet with brown-white paint scheme lifts of runway.

UPS will buy eight more 767-300 freighters from Boeing to support domestic and international demand for parcel shipping, driven by e-commerce, and fleet replenishment, the companies announced Monday.

The order comes nine months after Atlanta-based UPS (NYSE: UPS) placed an order for 19 of the Boeing (NYSE: BA) cargo jets and will increase UPS’ 767 fleet to 108 aircraft. 

“This is a very versatile aircraft that we operate across every region of the globe,” said Nando Cesarone, UPS executive vice...

https://www.freightwaves.com/news/ups-places-repeat-order-with-boeing-for-767-freighters

DHL eyes major air hub expansion in US

A mustard-colored jet with red DHL lettering on the tarmac.

The opening of a large regional hub in Atlanta this year is the next big step by DHL Express to expand its U.S. air network — but the growth doesn’t stop there. A new hub in Ontario, California, and a gateway in Texas to support a massive increase in e-commerce shipments also are part of DHL’s ambitious plans, the top executive in the U.S. told American Shipper.

The development and exploration of new airport facilities comes as the global express carrier wraps up a three-year, $360 million...

https://www.freightwaves.com/news/dhl-eyes-major-air-hub-expansion-in-us

DHL launches intra-European airline to meet e-commerce demand

A mustard-colored DHL cargo plane touches down on a runway.

DHL Express on Monday launched a new cargo airline to add capacity and faster transit for its cross-border express network in Europe as demand for express package shipments continues to grow.

DHL Air Austria, based at the Vienna airport, will have a fleet of 18 Boeing 757 converted freighters imported from DHL’s former U.K. operation and about 176 pilots, the company said.

The new in-house airline is part of a restructuring within the DHL Aviation organization. Earlier this year, DHL decided to...

https://www.freightwaves.com/news/dhl-launches-intra-european-airline-to-meet-e-commerce-demand

CBP finds meth stashed inside peanut shells

Hundreds of grams of methamphetamine were found stuffed inside peanut shells at an express consignment hub in Memphis, Tennessee, officials said Monday.

On June 29, CBP officers using an X-ray device said they spotted “suspicious anomalies” within a shipment labeled as “regional bread roasted peanuts regional dust sweet made of corn.”

CBP officers reportedly cracked open the peanuts and found a white crystal substance – later determined to be methamphetamine – concealed inside the shells. 

The...

https://www.freightwaves.com/news/cbp-finds-meth-stashed-inside-peanut-shells

DHL adds airfreight capacity to Asia-Pacific network

A bright mustard-yellow plane in the foreground, nose shot only, and a white cargo jet in the background at an airport.

DHL Express has added two large freighters to its fleet to bolster service between the Asia-Pacific and the U.S. and Europe, in response to “exponential” growth in shipment volume.

The parcel carrier said Friday the two Boeing 777 aircraft will be operated by Michigan-based Kalitta Air and AeroLogic, the joint venture cargo airline of DHL (DXE: DPW) and Lufthansa Cargo (DXE: LHA).

The combined flights will offer almost 2,350 additional tons of capacity every week (nearly three-quarters from...

https://www.freightwaves.com/news/dhl-adds-airfreight-capacity-to-asia-pacific-network

New DHL hub boosts Milan airport’s cargo traffic

Yellow delivery vans at DHL warehouse loading doors.

A DHL Express air logistics hub that opened in mid-September has helped Milan Malpensa Airport stabilize freight business amid declining volumes from reduced passenger flights and further cement its market-leading position for air cargo in Italy. 

A $123.2 million investment turned what had been a gateway operation since 2014, with an average of four flights per day, into DHL’s fourth European hub. The dual facility integrates air operations and a parcel center with last-mile pickup and delivery...

https://www.freightwaves.com/news/new-dhl-hub-boosts-milan-airports-cargo-traffic

S.F. Express merger with Kerry Logistics creates logistics powerhouse

An orange Kerry Logistics truck entering road from Kerry facility next to company sign.

S.F. Express, the top integrated logistics company in China is expanding globally to compete with established titans FedEx, UPS and DHL, and analysts say this week’s investment in Kerry Logistics gives it the firepower to be a one-stop shop for logistics services.

The addition of an international freight forwarder deal immediately vaults S.F. Express to the top echelon of ocean freight management companies and one of the leading warehouse, trucking and e-commerce providers in Asia. And S.F....

https://www.freightwaves.com/news/sf-express-merger-with-kerry-logistics-creates-logistics-powerhouse

Digital forwarder Airspace secures $38M in funding

Straight ahead view of plane at airport gate on a sunny morning.

Airspace, a technology-based freight forwarder focused on time-critical logistics, has closed a $38 million Series C funding round, signaling the company has matured from its startup roots into a profitable enterprise that investors believe has a low risk of failing.

The latest funding is led by Telstra Ventures, along with HarbourVest Partners. Other participants include return backers Scale Ventures, which led Airspace’s Series B; Defy Partners, which led Airspace’s Series A; along with...

https://www.freightwaves.com/news/digital-forwarder-airspace-secures-38m-in-funding

Aircraft leasing firm BBAM pursues dual freighter strategy

A bright blue Boeing 737 with orange lettering lands on runway.

BBAM Aircraft Leasing & Management plans to add up to a dozen Boeing 737-800 converted freighters to its portfolio in response to high demand for regional cargo jets that can support the burgeoning e-commerce and express cargo market. 

The San Francisco-based leasing outfit said this week it ordered six conversions, with an option for six more, from Boeing Co. (NYSE: BA), bringing its total orders and commitments for the 737-800 passenger-to-freighter conversion to 15.

BBAM manages 530 Airbus and...

https://www.freightwaves.com/news/aircraft-leasing-firm-bbam-pursues-dual-freighter-strategy

Boeing says e-commerce, trade shifts drive future demand for freighters

Looking straight at nose of cargo jet, painted gray on top half, white on bottom, with side cargo door open and loading a container of freight.

The Boeing Co. (NYSE: BA) on Tuesday marginally downgraded its 20-year outlook for air cargo because of an uncertain economic recovery from the coronavirus crisis and adjustments to its model, but the aerospace giant still projects the global freighter fleet will expand 60% to support projected growth in international trade and the explosion in e-commerce shipments.

Cargo traffic, led by East Asia, is expected to average 4% annual growth through 2039, spurring deliveries of 2,430 all-cargo...

https://s29755.pcdn.co/news/boeing-says-e-commerce-trade-shifts-drive-future-demand-for-freighters

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