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DHL Supply Chain invests in automated technology to combat e-commerce challenges

  If you haven’t heard yet, e-commerce is having a significant impact on supply chains worldwide, especially during the current peak-season ramp-up. According to DHL, automation, in the form of robotics, artificial intelligence, self-driving vehicles and other technologies, can be the solution to handling the increase in volume. DHL Supply Chain, a

BUD Airport sees record cargo traffic numbers in October

Budapest airport cargo terminal   Budapest Airport (BUD)’s October traffic results show that the airport is an increasingly popular hub for air cargo. During the month, it processed 13,313 tonnes of freight, a 23 percent increase, year-over-year, making it the largest traffic figure ever recorded at the hub during October. “As of today,

Amazon will impact U.S. Postal Service, Not FedEx – Fred Smith, CEO & Chairman Of FedEx Corp.

A package of the FedEx courier delivery services company is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/Illustration       On a recent trip to FedEx’s Asia Pacific headquarters, the company’s CEO stopped by Bloomberg to talk all things trade and Amazon. Fred Smith, founder, chairman and CEO of Memphis-based FedEx Corp.,

IATA reports demand increased only 2 percent in September

  September traffic data from the International Air Transport Association (IATA) shows a sluggish 2 percent year-over-year growth in demand, measured in freight tonne kilometers (FTKs) – less than half of the five-year average growth rate of 5.1 percent. The report is essentially on par with the WorldACD’s September analysis, which reported

Panalpina reports Q3 contractions, anticipates further challenges

Swiss forwarder Panalpina’s third-quarter financial results show the company is being affected by “macroeconomic uncertainties,” CEO Stefan Karlen said. Its cross-segment profit during the quarter declined by about 19 percent to US$14.9 million, compared to US$18.5 million during the same period last year. The company said the air freight segment’s margins have

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