All articles by Air Cargo News (Admin) – Page 281
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News
Delta lifts ground stop but warns of continuing delays
UPDATE: Delta Air Lines has said it is beginning to re-start flights after it was forced to make large-scale cancellations this morning as a result of a power outage in Atlanta.The US airline first issued a warning at 5am (eastern seaboard) this morning warning that flights would be delayed.In its ...
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Delta cancels flights as poweroutage hits computer systems
Delta Air Lines has warned its flights are subject to large-scale cancellations today as a result of a power outage in Atlanta.The US airline first issued a warning at 5am (eastern seaboard) this morning warning that flights would be delayed.However, the issue has since escalated. Its latest update said: “A ...
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CBP to make use of IATA’s Cargo-XML messaging standard
IATA has confirmed that its IATA’s Cargo-XML messaging standard is to be used by US Customs and Border Protection (US-CBP) to collect advance data on US export shipments.The new data format will, the association said, make electronic communication between the CBP’s Automated Commercial Environment (ACE) system, airlines and other air ...
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FedEx warns of Shanghai supply chain slowdown ahead of G20 summit
FedEx is warning customers to expect delays to shipments originating in the Shanghai area as the government is ordered factories to close ahead of the G20 Summit.The express giant said in a news bulletin that China had ordered 255 Shanghai-based industrial facilities to shut down ahead of the Summit, running ...
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Astral and Ethiopian outline African expansion plans
African cargo carriers Ethiopian Cargo and Astral Aviation have outlined their ambitious expansion plans as they look to capitalise on the growing marketplace.Speaking at the Africa Air Cargo Summit in Addis Ababa, Astral Aviation chief executive Sanjeev Gadhia said the company hoped to add new Boeing 747 freighters and B737-400F ...
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NewsDSV sees airfreight growth but profits slide as UTi acquisition takes effect
DSV saw double-digit growth in airfreight volumes and gross profits in the second quarter of the year but margins took a hit as the integration of UTi continues to take effect.Announcing its second-quarter results, the Denmark-based logistics company saw revenues increase by 34.1% year on year to DKr17.6bn, while operating ...
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Cargo revenues down at ANA as currency and oversupply hit results
ANA's cargo business recorded a double-digit decline in airfreight revenues during its first fiscal quarter despite an increase in traffic.During its fiscal first quarter ended June 30, the Japanese carrier saw airfreight demand increase 16.2% year on year to 1.1bn freight tonne km, while revenues declined by 23.6% on a ...
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CEVA stays in the red but air volumes grow ahead of market
Logistics company CEVA has reported ahead of market growth in air volumes in the first half of the year while revenues decreased and it remained in the red.The world’s twelfth largest airfreight forwarder saw revenues decline by 7.8% year on year to $3.2bn, while adjusted earnings before interest tax, depreciation ...
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NewsAsian cargo monthly: Airlines see return to growth in June
Asian airlines reported improving airfreight demand in June with Cathay Pacific citing a half-year rush and a surge in exports from the Americas.The largest cargo carrier in the region, Cathay Pacific, saw cargo demand increase by 4.8% year-on-year in June to 876m cargo and mail tonne km (CMT).This is the ...
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Fraport sees cargo growth outstrip passenger
Frankfurt airport operator Fraport recorded an increase in cargo traffic during the second quarter of the year but revenues and profits declined.Europe’s largest freight airport said second quarter cargo demand at Frankfurt increased by 2.3% year on year during the second quarter of the year to 528,712 tonnes and was ...
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Tough second quarter for Expeditors
US forwarder Expeditors endured a difficult second quarter as revenues and profits both declined, while airfreight revenues were also behind last year.The world’s fifth largest airfreight forwarder reported a 13% year-on-year decline in second-quarter revenues to $1.5bn, while operating profit was down 2% to $179m and net earnings attributable to ...
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Miami Airport hosts e-AWB workshop as part of digitisation drive
Miami International Airport (MIA) hosted an electronic air waybill (e-AWB) workshop on August 2 for nearly 180 local cargo shippers and airline representatives, to encourage the use of digital processes.At the workshop, representatives from the Miami-Dade Aviation Department, IATA’s Cargo Network Services, American Airlines, the Florida Customs Brokers and Freight ...
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NewsFirst half cargo demand up at IAG and Finnair but down for Lufthansa and AF KLM
Major European airlines’ cargo divisions have had a mixed first half of the year, with Air France KLM and Lufthansa recording demand declines while increases were registered for IAG Cargo and Finnair.The monthly statistics released by airlines has revealed that at the half way point of 2016, Europe’s largest cargo ...
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Emirates update on flight delays and cancellations
Operations at Dubai International Airport resumed on Wednesday at 1830 local time following the crash landing of a Boeing 777 passenger aircraft belonging to the airline at the Middle East hub.More information on Emirates flights will be available on the Emirates website and social media channels.All 282 passengers and 18 ...
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Airfreight demand on the increase but still outpaced by capacity rise
Global airfreight demand in June saw a 4.3% year-on-year rise in freight tonne km (FTK), the fastest pace of growth in 14 months.However, freight capacity measured in available freight tonne km (AFTKs) increased by 4.9% year-on-year, keeping yields under downward pressure.According to the latest monthly market analysis by airline association ...
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Update: Dubai International flights suspended following crash landing
Dubai Airports has confirmed that all operations (arrivals and departures) at Dubai International have been suspended until further notice following crash landing of Emirates airline flight EK521 this morning.In a statement, Emirates said that all 282 passengers and 18 crew on board the Boeing 777 aircraft are “accounted for and ...
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3D printing, a supply chain challenge
Panalpina's strategic partnership with 3D printing specialist Shapeways is one more step in a march towards digital manufacturing that will challenge supply chain suppliers, including air cargo.In May this year, software company SAP signed an agreement with UPS to collaborate to transform the ad hoc world of industrial 3D printing ...
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Airfreight rates pick up in June thanks to increases in fuel prices
Airfreight rates reached their highest level in seven months in June following on from improved demand performance for the month and higher fuel prices.The latest airfreight figures from Drewry’s Shipper Insight Report show that prices climbed to $2.75 per kg in June from $2.61 in May to reach their highest ...
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Revenues down but operating profit surges for DP-DHL's forwarding arm
Deutsche Post DHL Group’s (DP-DHL) freight forwarding arm saw 2016 second quarter revenues fall by 9.3% to €3.4bn, versus €3.8 in like prior year period 2015, while divisional operating profit improved by 72.5% to €69m.Adjusted for negative currency effects and lower fuel surcharges, the Global Forwarding, Freight division’s revenue declined ...
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DHL spurs Cambodian trade with Phnom Penh-Bangkok B737 freighter
DHL Express has launched a Boeing 737-400 freighter service between Phnom Penh in Cambodia and Bangkok in Thailand, one of the global logistics operator’s hubs in Asia Pacific.This 19 tonnes capacity express freighter service, operated five times a week by Thailand’s K-Mile Air, adds to the existing DHL Express flights ...