All articles by Air Cargo News (Admin) – Page 35
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News
FedEx reports Q4 results and warns of a tough year ahead
FedEx reported a fourth quarter fiscal year loss and has warned that earnings for 2020 will be affected by weakness in global trade.The company reported a fourth-quarter revenue increase of 2.9% to $17.8bn, but a net loss of $1.97bn compared with a profit of $1.13bn for the prior year.The company ...
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NewsHactl signs up to new ULD Code
(L to R) Bob Rogers (Vice-President, ULD CARE), Wilson Kwong (Chief Executive, Hactl) and Urs Wiesendanger (President, ULD CARE) with the Code of Conduct Agreement.Hong Kong Air Cargo Terminals Ltd (Hactl) is the latest air cargo organisation to throw its weight behind ULD CARE’s new Unit Load Device (ULD) Code ...
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NewsCargolux adds Jakarta to global network
Cargolux has launched a weekly Boeing 747 freighter service to Jakarta (CGK), the 16th destination on the Luxembourg-based freighter operator’s Asia-Pacific network. The flight leaves the Luxembourg on Sunday and arrives in Jakarta on Monday. The rotation then continues through Hong Kong and Ashgabat before returning to Luxembourg on ...
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News
Fred Smith of FedEx slams 'protectionist' US trade policy
FedEx founder Fred Smith has renewed his criticism of President Trump and his administration’s simmering trade dispute with China, saying that the US had become “protectionist,” defined as: “I will make everything I need in my own borders”.Smith, chairman and chief executive of the US parcels and logistics giant, told ...
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News
UK businesses struggling to fund Brexit preparations
Declining profit margins have left UK logistics businesses struggling to fund their Brexit preparations, according to the 2019 Logistics Report.Launched by FTA, which represents the interests of the sector, in association with Santander Corporate and Commercial Banking, the report polled the opinions of more than 500 freight and logistics businesses ...
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News
Trade tariffs hit Asia Pacific airfreight in May
Trade tariffs impacted Asian Pacific air cargo demand, which fell again in May “as export activity continued to slow in the face of challenging business conditions”.Preliminary traffic figures released by the Association of Asia Pacific Airlines (AAPA) saw the region's airlines register a 6.5% fall in air cargo demand as ...
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News
FedEx sues US government over Chinese export rules
FedEx is suing the US government to obtain an exclusion to the Export Administration Regulations (EAR) if it mistakenly ships goods that violate rules imposed on Chinese products by the Trump administration.The lawsuit, filed in the District of Columbia by the US parcels giant against the US Department of Commerce, ...
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News
Bellyache for Munich as freighter volumes soar
An 11.3% increase in 2018 freighter volumes at Munich airport in 2018 failed overcome a fall in bellyhold cargo.The southern Germany gateway saw total throughput decline 3.4% year on year to 375,000 tonnes for airfreight, mail and transit cargo.The arrival of Russian all-cargo airline AirBridgeCargo boosted total freighter volumes to ...
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NewsEast Midlands Airport calls on government to "unlock" its cargo potential
East Midlands Airport (EMA) wants the UK government to “unlock its potential” as a major airfreight hub, with management tabling five key policy requests to promote the cargo gateway’s fuure development.The airport, part of Manchester Airports Group (MAG), wants the government to set out clear policies to solidify its position ...
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News
Amazon to begin Anchorage cargo flights later this month
Amazon Air will begin flights to Ted Stevens Anchorage International Airport (ANC) on June 27.The airport announced last week that the carrier would begin services to the Alaskan hub utilising Boeing 767 freighter capacity.The airport said that it would result in Amazon Prime packages being delivered to Alaskans “a little ...
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News
Korean Air signs five-year ULD deal with Unilode
Korean Air has awarded the management of its entire fleet of more than 16,000 containers and pallets to Unilode Aviation Solutions for a five-year term.As part of the deal, Unilode will setup a regional ULD management office at Korean Air's hub in Incheon and takeover Korean Air's existing ULD maintenance ...
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News
Seminars aim to tackle Heathrow truck congestion
CCS-UK User Group – the not-for-profit body which represents users of the UK’s air cargo community data system – is hosting a series of seminars to showcase its solution for streamlining collections and deliveries of airfreight at Heathrow’s cargo terminal.Advance Information System (AIS) is a bolt-on module for CCS-UK that ...
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NewsFTA wants air cargo at centre of the UK's aviation strategy
The UK's Freight Transport Association (FTA) has called on the country's government to place air cargo at the centre of its aviation strategy.The UK government recently launched a consultation on its future aviation strategy and the FTA would like a dedicated freight chapter in white paper with a "clear and ...
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NewsLiege Airport and Volga-Dnepr Group to establish maintenance facility at Belgium hub
ABC B747-400F at Liege AirportThe Volga-Dnepr Group (VDG) and Liege Airport have extended their strategic co-operation with a deal to create a maintenance facility at the cargo hub.The agreement serves as an extension of an MoU signed last summer between the airport, VDG and CargoLogicAir, which aimed to create a ...
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News
Cargo volumes down at Cathay Pacific in May
The Cathay Pacific Group saw its cargo volumes decline again in May, with demand shrinking by 3.9% year on year to 168,270 tonnes.The cargo and mail load factor fell by 4.7 percentage points to 63.9%. Capacity, measured in available freight tonne kilometres (AFTKs), was up by 4.6% while cargo and ...
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News
Lessor BBAM and unanammed airline order A321 converted freighter
Aircraft lessor BBAM and an unnammed airline have signed letters of intent (LoI) for A321 converted freighters at the Paris Airshow.The LoIs were signed with the ST Engineering-Elbe Flugzeugwerke (EFW)-Airbus joint venture. The BBAM aircraft will be inducted for conversion into a 14-pallet cargo configuration in mid-2020, with re-delivery scheduled ...
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News
United becomes first US carrier to offer SkyCell containers for pharma
United Cargo will become the first US carrier to lease and transport the temperature-sensitive containers manufactured by SkyCell.United said that the SkyCell boxes have a "highly secure and efficient design" that features "patented insulation and a special rechargeable cooling technology".Each container is equipped with Internet of Things (IoT) sensors that ...
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European airports see sharp decline in cargo demand in April
European airports in April recorded their sharpest decline in freight traffic since January 2012.According to Airports Council International (ACI) Europe, airports in the region saw cargo volumes decline by 6.2% year on year in April.Over the first four months of the year, cargo demand in Europe is 3% behind a ...
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NewsChina Airlines signs up for Boeing 777 Freighters
China Airlines Cargo CGI B777FTaiwan's China Airlines is planning to order six Boeing 777 freighters as it looks to modernise its cargo fleet.The airline currently operates a fleet of 18 B747-400F cargo aircraft but said it is looking to the future with the potential order."Air cargo is an important part ...
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NewsAF KLM Cargo awarded with FlowerWatch accreditation
Eric MaurouxDuring the International Flower Trade Expo (IFTEX) recently held in Nairobi, Kenya, Air France KLM Martinair Cargo (AFKLMP Cargo) became the first airline group to receive FlowerWatch accreditation.FlowerWatch accreditation is based on a Quality Assurance system, which operates using a ‘time temperature exposure’ measure to calculate how much vase ...