All articles by Air Cargo News (Admin) – Page 363
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News
Online shopping boost for Aramex as it eyes acquisitions
An online shopping boost for its international express and domestic express products saw Dubai-based Aramex’s second quarter net profits increase by 15% to AED92.6m.The logistics group, which has secured funds for potential takeover targets, saw its half year 2015 revenues increase year-on-year to AED1.9bn, up 7% compared to the corresponding ...
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Qatar launches on-board courier service
Qatar Airways Cargo is launching an express airfreight service for door-to-door and time-critical shipments.The QR On-Board Courier service will be rolled out across the Middle East-based cargo carrier’s global network on August 1, enabling customers to book time-definite airfreight delivery solutions.It will use dedicated couriers accompanying each shipment from collection ...
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Ground handler shake-up continues as dnata swoops on Amsterdam business
The shake-up of the ground handling industry continued today as dnata announced it had struck a deal to acquire Aviapartner’s cargo handling operations at Schiphol airport.The deal will see dnata gain Aviapartner’s 44,000sq m of warehouse space, where it handles 360,000 tonnes of cargo each year and employs 430 staff.The ...
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SIA sees 7.2% air cargo revenue decline in Q1
Singapore Airlines Group saw cargo revenue decline 7.2% in the first quarter of the current financial year (April-June 2015), despite a slight increase in freight carried, due to a 7.6% fall in yield.SIA Cargo recorded a first quarter loss of S$9m, compared with a S$18m deficit in the like three-month ...
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Hawaiian Airlines outlines reasons for freighter acquisitions
Hawaiian Airlines has given more details on the logic behind its decision to begin all-cargo flights to neighbouring islands.Speaking during an investor call to discuss second quarter results, Hawaiian Airlines president and chief executive Mark Dunkerley said the three ATR 72 turboprop freighters it would acquire would open up US ...
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e-AWB take-up not fast enough warns IATA
Global electronic-air waybill (e-AWB) penetration is growing, “but not fast enough,” says IATA, which wants the industry to accelerate implementation by focusing on the top 20 e-AWB-enabled airports.Latest IATA figures for June 2015 show that the number of e-AWBs submitted globally rose to 28.8%, up by just 0.8% from the ...
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Forwarder CH Robinson reports tough Q2 for air cargo
US trucking and forwarding giant CH Robinson saw airfreight revenues decline in the second quarter as it came under pricing pressure.The Minnesota-headquartered company recorded an overall 1.2% year-on-year increase in revenues during the quarter to $3.55bn, while net income grew by 15.7% on a year earlier to $137m.The increases were ...
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Ethiopian Airlines' African ambitions
In 2010, Ethiopian Airlines set out a bold vision for future growth which included 725,000 tonnes of cargo by 2025. In 2014 it was a quarter of the way to that target, with cargo tonnage of 187,000 tonnes, up 40% since the plan was announced.Still some way to go then, ...
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AMI appoints French in Africa
Airfreight wholesaler AMI has promoted its General Manager South Africa, Milton French, to the post of vice president, Africa, following the retirement of current incumbent Mike Todd.French has spent over 30 years in the freight industry, holding a variety of senior posts for leading forwarders including Mitchell Cotts, Micor Meadows ...
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Qatar Airways Cargo to add new African air cargo freighter operation
Qatar Airways Cargo has continued to expand its operations to Africa with the addition of a seventh dedicated freighter service to the continent.The airline announced today that it would launch a new Airbus 300F flight to Djibouti from its Doha hub on August 1.Qatar said the service would target the ...
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ACAS pilot programme further extended by the US
The US Customs and Border Protection Agency (CBP) is again extending the Air Cargo Advance Screening (ACAS) pilot programme through to July 26, 2016, and is also reopening the application period to accept applications for new ACAS pilot participants through to October 26, 2015.The ACAS pilot is a voluntary test ...
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Logistics sector losing the price war
A large section of the logistics sector is losing the battle to implement planned price increases, coupled with an extremely low success rate when introducing new products and services.These are the results of the most recent Global Pricing Study*, based on responses from approximately 1,600 managers, conducted by the global ...
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Hogan emphasises consumer choice
Etihad Airways president and chief executive James Hogan has emphasised the importance of consumer choice and innovation as the “fundamental drivers of competition in the international airline industry”.“What we bring to the market is competition, we bring fantastic choice in regard to product and services,” said Hogan.He highlighted the impact ...
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TNT updates on FedEx deal as Q2 losses narrow
TNT Express has confirmed that it expects its acquisition by FedEx to be completed in the first half of next year as it reports a loss of €1m for the second quarter.The Amsterdam-based express operator recorded a second-quarter 6.2% year-on-year improvement in revenues to €1.8bn.Operating income jumped to €19m from ...
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UPS second quarter boosted by international supply chain
UPS saw improved operating profit and margin in the second quarter of 2015, led by the International and Supply Chain and Freight segments.Currency exchange rates and lower fuel surcharges reduced total reported revenue growth, which declined 1.2% from the same quarter last year to $14.1bn.The US-based global parcels and logistics ...
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Qatar Airways dismisses SpiceJet stake speculation as an attempt to increase share value
Qatar Airways has dismissed speculation that it is in negotiations to buy a stake in Indian low-cost airline SpiceJet, suggesting the rumours are designed to increase share value.In a press release, the Middle Eastern carrier said rumours in the Indian press suggesting that the two airlines are in the early ...
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Update: DB Schenker Logistics not for sale but set for part privatisation
Deutsche Bahn has dismissed the potential sale of its DB Schenker Logistics business but adds it is open to part privatisation of the forwarder.On announcing its half-year results, which saw the rail and logistics giant increase overall revenues by 1.3% on last year to €20bn, although industrial action caused earnings ...
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Delta takes 3.5% stake in China Eastern
US passenger carrier Delta Airlines is taking a 3.5% stake worth $450m in China Eastern Airlines to “solidify” their strategic partnership.News of the shareholding came as the two carriers signed an agreement to expand their partnership and” better connect” Delta's global network with China Eastern, one of the leading airlines ...
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UPDATE: IAG and Finnair launch Luton-Helsinki freighter partnership
Finnair Cargo and IAG Cargo have signed a freighter deal that will see the two airlines share space on a new DHL flight between London Luton and Helsinki.The new route will be operated by a DHL Airbus 300-600 cargo freighter, with a 43 ton capacity, and open up new destinations ...
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DHL's quality centre in Singapore
DHL Express has a new facility in Singapore that will combine a range of global operations activities in the South Asian trade hub and will also host a global Quality Control Center."Quality is one of the main sources of differentiation in our highly competitive industry, and our Quality Control Centers ...