The air freight industry needs to change dramatically as it undergoes a “paradigm shift” from the demands of e-commerce. 
The e-commerce companies are revolutionising the industry: Amazon Air, which has some 40 aircraft and ambitions to increase that to 100, …

Sweden’s government has approved a pilot phase for autonomous electric trucks on its roads, as it seeks to tackle increasing pollution.
Developed by Swedish start-up Einride, the T-Pod truck will commence daily trials between a DB Schenker warehouse and terminal …

Seaspan Corporation is bullish on the prospects for the charter market for the second half of the year, as ocean carriers look for tonnage to take over from ships being fitted with scrubbers.
The world’s largest boxship lessor said ship …

DP World today reported a 4.2% increase in 2018 revenue, to $5.65bn across its global terminals.
The Dubai-headquartered terminal operator reported an adjusted ebitda of $2.8bn, giving it an equity margin of 49%.
Total throughput on an equity-adjusted basis was …

Etihad Cargo continues to haemorrhage money, with a 6% decline in full-year revenue and plummeting volumes.
Income for 2018 fell to $827m, a drop of $50m compared with 2017’s results, but group chief executive Tony Douglas remained bullish, saying the …

SA’s Wolf Richter writes: “Department store sales hit a new record low in the data going back to 1992.”

The post SA: E-Commerce is wiping out mall retailers one by one – here’s the data appeared first on The Loadstar…

A few days ago, Denmark’s AP Møller-Maersk (APMM) advertised a new takeaway strategy – part of its group-wide Stay Ahead plan – suggesting that what it’s trying to achieve isn’t much different from what McDonald’s (MCD) and its ilk offer …