All articles by Air Cargo News (Admin) – Page 208
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News
Lufthansa Cargo's Alexis von Hoensbroech looking to the Future
Alexis von Hoensbroech has spent a lot of time looking up at the sky, but initially this was part of his PhD in astrophysics, rather than an obsession with aircraft.Today, however, aeroplanes do take up a bit more of his attention, having taken on the role of Lufthansa Cargo board ...
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WCS17: Air cargo digital disruption takes centre stage
The digitisation of air cargo is a hot topic at the moment and day two of IATA’s World Cargo Symposium began with a call for software providers to push carriers and forwarders to speed up their adoption of digital technology.To start the digitisation session, Mercator chief executive Cormac Whelan said ...
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Freightos raises $25m for further growth
Hong Kong registered online booking portal Freightos has raised $25m in funding from a group of investors led by GE Ventures.The logistics technology company has announced the completion of a $25m Series B extension round which, it said, would bring the company’s total funding to $50m.The funds will be used ...
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Digital forwarder predicts airlines will bring cargo consolidation in-house
Airlines will soon be able to bring cargo consolidation in-house rather than rely on freight forwarders to perform the function, according to Flexport.The digital forwarder’s chief executive, Ryan Petersen, said that at the moment freight forwarders carry out the consolidation function because it allows them to make a margin on ...
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Frankfurt studies speedier cargo
Frankfurt is streamlining and digitising the registration process for truck drivers at the airport to speed up operations.Germany’s largest air cargo gateway said that trucks generally have to wait to be loaded or unloaded but a study of the freight area by Kai-Oliver Schocke, Professor at the Frankfurt University of ...
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E-Cargoware to digitise Astra Aviation Services' African facilities
Astra Aviation Services–UK has selected IT systems supplier e-Cargoware to digitise its cargo handling facilities throughout Africa, starting with its main handling facilities in Luanda, Angola.E-Cargoware’s cloud based cargo management platform is used by handlers in Canada, the UK and Cyprus to handle several airlines including British Airways, Emirates, Lufthansa, ...
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Cargolux 2025 - building flexibility and developing digitisation
Cargolux’s new strategic plan will concentrate on building a more flexible fleet whilst the carrier will also embark on a wholesale digitisation project.Speaking shortly after the Luxembourg-based carrier announced an “industry first” tie-up with Emirates SkyCargo, president and chief executive Richard Forson said the new strategic plan, named Cargolux 2025, ...
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Emirates-Cargolux partnership underway as new Luxembourg flight touches down
Emirates SkyCargo has flown its first scheduled weekly freighter service to Luxembourg as part of its new partnership with Cargolux.The Dubai-based airline's freighter operation between Luxembourg and Dubai World Central is one of the first steps in the implementation of the strategic operational partnership with Cargolux Airlines announced in May ...
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European court annuls 2013 decision to block UPS-TNT deal
Europe's General Court has annulled the January 2013 decision by the European Commission to refused authorisation of the merger between UPS and TNT, on the grounds of a “procedural irregularity” by the European regulator.TNT was later acquired by Federal Express, the arch rival to UPS in the global express small ...
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SEGRO swoops for Heathrow's "jewels in the crown" airside cargo property
Industrial warehouse developer SEGRO has paid £365m to acquire 100% control of Airport Property Partnership (APP), whose "jewels in the crown" assets include the majority of Heathrow Airport’s airside cargo facilities.SEGRO has bought the 50% interest in the APP joint venture that it did not already own from partner Aviva ...
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K+N to add to pharma offering with company acquisitions
Global logistics services provider Kuehne + Nagel (K+N) has said that it continues to prioritise its pharma and healthcare offerings “across all business units and all regions worldwide”.To that end, it has confirmed that it is to acquire two specialised pharma logistics companies.In Turkey, K+N has entered into an agreement ...
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Avolon snaps up CIT Group’s aviation leasing business
Avolon Holdings, the Ireland-based international aircraft leasing company, has announced the completion of its acquisition of the aircraft leasing business of CIT Group Inc.The deal doubles Avolon’s size and creates the world’s third largest aircraft leasing platform.Avolon now serves 149 customers in 62 countries.The combined business had an owned fleet ...
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Dachser acquires majority interest in Irish partner, Johnston Logistics
Dachser has become the majority shareholder in its Irish partner, Johnston Logistics, allowing German supply chain operator Dachser to expand and strengthen its logistics network in northwest Europe.Michael Schilling, chief operating officer of road logistics at family-owned Dachser, said: “Our customers in Ireland benefit from uniform services and quality standards, ...
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DSV airfreight outpaces market on UTi acquisition
DSV recorded improvements in profits, revenues and airfreight demand during the first quarter of the year as it continued to benefit from its acquisition of UTi and market growth.The Copenhagen-headquartered freight forwarder saw first-quarter airfreight demand improve by 20% year on year to 147,439 tonnes. The forwarder estimates that the ...
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Panalpina snaps up Danish and Kenyan forwarders
Panalpina has announced two acquisitions: a Danish logistics operator with a seafreight focus and a Kenya-based perishables specialist in the export of flowers and vegetables.The Switzerland-headquartered logistics giant will acquire the family-owned Kenyan forwarder Air Connection, subject to conditions.The deal comes two years after Panalpina increased its presence in Kenyan ...
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UPS to acquire Ireland-based Nightline Logistics
UPS has entered into a definitive purchase agreement to acquire Nightline Logistics Group, an express delivery and logistics companies in Ireland.Nightline is a privately held company. Terms of the acquisition were not disclosed and the deal is subject to customary closing conditions, including regulatory approval.“Operating for more than 40 years ...
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Handler touches down in the US
Middle East-owned handler dnata has broken into the US market with its purchase from Lynx Holdings to acquire its AirLogistix USA cargo operations at Houston George Bush Intercontinental Airport.The 30,000 sq ft facility includes the airport’s only dedicated perishable cargo handling centre for products such as pharmaceuticals, fruits, vegetables, fish ...
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Qatar Airways comments on benefit of wildlife declaration
Qatar Airways was one of the 40 signatories to the United for Wildlife declaration who met on March 16 at Buckingham Palace in the presence of the Duke of Cambridge and Lord Hague to add its weight to the other carriers and cargo industry players who agree on the need ...
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Lions' rescue, a roaring success
The story of 33 lions that went from circus cages to freedom, is told in a new video by Animal Defenders International (ADI).Rescued by ADI from a life of suffering in circuses in Peru and Colombia, the feel-good tale of the lions’ journey to their forever home in South Africa ...
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NewsHactl and Air Canada team up for Arctic Foxes
Hong Kong Air Cargo Terminals Limited (Hactl) has handled four Arctic foxes travelling from Hong Kong to Montreal, Canada.Chi Chi and Cindy (females), together with Siu Chu and Yau Nam (males) were carried on a Boeing 777-200 by Hactl customer Air Canada Cargo.The four are being re-homed from a local ...