All articles by Air Cargo News (Admin) – Page 379
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News
Pilot opens down Mexico way
North American transport firm Pilot Freight Services has opened a station in Mexico City. Its first location under a new Pilot de Mexico brand, it will offer warehousing and logistics services, including domestic ground and air transport.It is the first stage of a planned expansion in the country, with additional ...
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Frankfurt freight disappoints
Frankfurt’s airport operator Fraport’s airfreight and airmail tonnage dropped by 2.4 per cent year-on-year to around 500,000 tonnes in the first quarter of 2015. However, the group as a whole recorded “noticeable growth” in revenue, which rose 10.8 per cent to €575.9 million. Contributing factors included growth in traffic and ...
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Airfreight lifts buoyant Expeditors
A 13 per cent rise in airfreight volume helped Expeditors International to a 27 per cent earnings surge in the first quarter of 2015. The Seattle, US-based forwarder and logistics company announced net earnings of $106.7 million, compared with $83.8m for the same quarter of 2014.Senior vice president and chief ...
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SkyCargo shines bright for Emirates
Emirates SkyCargo was one of the star performers in the airline group’s performance in the 2014-15 financial year, contributing to an AED 5.5 billion (US$ 1.5 billion) profit, up 34 per cent from last year.Emirates Group said on 7 May that it had achieved its 27th consecutive year of profit, ...
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Qatar boosts pharma service
Qatar Airways Cargo is expanding the specialist container options for its QR Pharma service, which has handled 14,100 tonnes of pharmaceutical products since launching in January 2014.The Middle East carrier is adding Va-Q-tec container technology, a new QR Pharma advanced passive transportation method that joins Qatar Airways Cargo’s existing Envirotainer ...
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Cargo blunts Finnair growth
Lower cargo income helped mute overall revenue growth at Finnair, which ended the first quarter of 2015 roughly on a par with last year, at EUR 540.4 million. Chief executive Pekka Vauramo said however that Finnair’s profitability had improved substantially thanks to a cost-cutting programme and lower fuel prices, although ...
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Hactl and Lux-Airport sign pharma certification MoU
Lux-Airport and Hong Kong Air Cargo Terminals Ltd have signed a memorandum of understanding which will create a trade lane with Good Distribution Practice certification between Luxembourg and Hong Kong.At the Air Cargo Europe event in Munich, the two companies, along with Cargolux, Luxair Cargo and a Luxembourg government minister, ...
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Air forwarders strike back against integrators
Air freight forwarders are beginning the fightback to win marketshare lost to integrators over the last few years, but concede it will be difficult to win back volume lost to shipping lines.Speaking at the Transport Logistic exhibition, which runs alongside Air Cargo Europe, GEODIS global air product director Henk Venema ...
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Top man for top job at Allport
UK forwarder and logistics operator, Allport Cargo Services (ACS), has appointed its managing director, Charles McGurin to the new post of chief executive officer. McGurin took his current position in 2014.ACS is a subsidiary of Hong Kong-based Cargo Services Group, which has operations in over 30 countries worldwide and representation ...
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Air Charter Service launches onboard courier operation
Air Charter Service has officially launched an onboard courier service as it looks to win a share of a market estimated to be worth around £30m per year.ACS has been offering the service for the last few years on an ad-hoc basis but it has now grown to the level ...
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Thomas Cook to carry less weight, thanks to Jettainer
Lufthansa’s outsourced ULD company, Jettainer, is taking over the management and servicing of all the air-freight containers for Thomas Cook Group Airlines. A new ultra-light container, typical of those that will be used in the contract, was symbolically handed over at the Air Cargo Europe exhibition in Munich on 5 ...
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Saudi adds Paris freighter
Saudi Airlines Cargo will operate a new dedicated freighter service to Paris Charles de Gaulle from 22 May. The B747-400 freighter flights will operate twice a week and will supplement the existing 12 weekly passenger flights.Commercial vice-president, Rainer Mueller (pictured), said: “We are committed to the French market which has ...
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Columbus freighter to help Midwest exporters discover new markets
Columbus, Ohio is to join Emirates SkyCargo’s freighter network a weekly service to Rickenbacker International Airport from 27 May, the Dubai carrier announced at the Air Cargo Europe Exhibition and Conference in Munich on 6 May. The new 777F service will become Emirates SkyCargo’s 48th freighter destination and sixth in ...
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Private cash for supply chain specialist
Supply chain specialist Seko is to receive funding for the next stage of its growth from Greenbriar Equity Group, a New York-based private equity firm that focuses exclusively on the transportation industry.Seko provides complete supply chain solutions including forwarding, transportation, logistics, software and warehousing and has over 120 offices in ...
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Good result for US plane leaser
Medium wide-body freighter aircraft leasing specialist Air Transport Services Group (ATSG) reported improved financial results for the quarter ended 31 March. Revenues for the Wilmington, Ohio-based company were $147.0 million, up 2 per cent or, excluding revenues from reimbursed expenses, 4 per cent.Pre-tax earnings from continuing operations increased 40 per ...
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CAL VAL takes care of priceless cargo
Liege, Belgium-based all freight operator CAL Cargo Airlines launched a new service for Artwork and Valuable Cargo at the Air Cargo Europe show in Munich on 5 May.CAL VAL is aimed at art collectors, museums and auction houses, as well as specialist freight divisions dealing with valuable cargo, and offers ...
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Accenture goes in with SaaS
Management consulting and technology firm Accenture has released a new version of its Air Cargo Suite and has made it available as software as a service (SaaS).It says that the package, which includes reservations, routing, price and operations functions can improve workflows and help reduce revenue leakage and is aimed ...
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New cargo boss for Heathrow
London Heathrow airport has appointed Nick Platts as its new head of cargo - a role not seen at the UK’s leading airfreight hub for about two decades.Previously head of ground handling since 2012, he is tasked with building a strong strategy for the airport, improving efficiency and will also ...
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Outsourcing to GSSAs to gather pace
Airlines will continue to outsource to general service and sales agents as they look to reduce costs, according to the ECS Group.Speaking at a press event at the Air Cargo Europe event in Munich, ECS Group chief executive Bertrand Schmoll said the company had noted increased demand for its GSSA ...
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Promotion for the home team
Munich Airport has achieved significant cargo growth, with total turnover of 309,000 tonnes, including airmail, in 2014. Bellyhold freight was up 5.8 per cent on the previous year, but the freighter segment posted a 22.7 per cent increase.The trend has continued into the first quarter of 2015, with an above-average ...