All articles by Air Cargo News (Admin) – Page 397
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Air freight volumes rise for Panalpina
Panalpina saw improved group level profitability in the first half of 2014 as air freight volumes grew four per cent over prior year.However, the Switzerland-based global logistics operator said that unit profitability in both the air and ocean freight segments was affected by a “challenging market”.While air freight rates “remained ...
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Compliance specialist appointed by UTi
TO ENSURE continuity of compliance, UTi Worldwide has appointed Naran Andreyev to senior manager, trade services, in the logistics company’s Asia-Pacific (APAC) region.It is a newly-created role which directly supports Customs and regulatory compliance.According to Ditlev Blicher, UTi president in the region, Andreyev brings a unique skillset. "He's a licensed ...
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IAG Cargo: Making the tough decisions
With air cargo growth still sluggish, with the passenger business continuing to grow, and freighter operations being cut back, one could forgive mainstream airlines for attaching rather less importance to the cargo business than they used to.But is that in fact the case? One person well placed to answer that ...
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One Question
Michael Sanfey - Interim head of cargo, Aer LingusThere is the continued expansion of Middle Eastern airlines, offering both threats and opportunities to smaller Europe-based carriers. At the same time European and US carriers continue to expand their route schedules.‘As Europe and the world economies look optimistically to a period ...
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Aramex profits up
ARAMEX delivered record growth in the first six months of this year.The Middle East-based logistics company's half-year 2014 revenues increased to US$0.45 million [AED 1,768 million], up seven per cent on the corresponding period of 2013.Net profits rose to $43.4 million, an increase of 13 per cent.“Following a robust first-quarter ...
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Electronic bookings with K+N
GLOBAL forwarder Kuehne + Nagel has introduced an online bookings and quotations service for its air cargo customers.KN FreightNet, described as a new integrated web application for quotations, booking and tracking services, recognises an ever-increasing trend towards the use of e-commerce solutions in industry, says the Switzerland-based logistics company.Currently, quotation ...
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DB Schenker masterminds horses charter to Belgium
IN CLOSE cooperation with Qatar Airways Cargo, Overseas Horse Services (OHS) and Liége Airport, DB Schenker made sure that 53 showjumping horses traveled safely non-stop aboard a B777 freighter from Calgary in Canada to Belgium.The aircraft also carried eleven tonnes of equipment, nine animal care staff and three dogs.The horses ...
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Big freeze: DHL extends life sciences cold chain
DHL Global Forwarding has expanded its air freight cold chain logistics to include shipments at frozen or cryogenic temperatures.Designed for customers from the life sciences and healthcare industry, the service is maintained by LifeConEx, DHL's temperature management specialist, in collaboration with Cryoport, a provider of complete global frozen shipping services.David ...
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DSV's half year air freight boost
Danish freight forwarder DSV saw an 11 per cent rise in air freight volumes in the first half of 2014 to 137,000 tonnes, well above an estimated market growth of between two and four per cent for the period.Acquisitions added around two per cent to the surge in air cargo ...
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Logwin comes to the aid of Central African Republic
GERMANY-BASED logistics services provider Logwin has transported 10 tonnes of urgent medical supplies from Amsterdam to Bangui, the capital of war-torn Central African Republic.The African nation has been in a state of civil war for almost 18 months and hundreds of thousands of people, many of them children, have fled ...
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DHL air cargo volumes rise but revenues fall
German logistics giant Deutsche Post DHL saw a half year 2014 uptick in air freight volumes despite lower demand from several large customers as revenues declined year on year.The largest global freight forwarding purchaser of air cargo volumes saw a 1.1 per cent rise in total bookings to just under ...
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CEVA's cargo rise in Q2
LOGISTICS giant CEVA is celebrating ocean freight and airfreight volumes rising by seven and one per cent respectively during the second quarter of this year, writes Thelma Etim, deputy editor.New business was also up 31 per cent to US$763m in comparison to $582 million for the same period in 2013.Investment ...
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MedVantx opens 'end of runway pharmacy' for UPS
MedVantx is opening an “end of runway pharmacy” adjacent to the UPS worldwide air hub at Louisville, Kentucky.The pharmaceutical supply chain specialist says that the facility will feature controlled substance storage and support the full range of temperature-sensitive products, while offering order cut-offs as late as 1am.Robert Feeney, MedVantx’s chief ...
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DB Schenker completes Vietnam JV purchase
DB Schenker has strengthened its foothold in Vietnam’s logistics arena after taking a 100 per cent stake in its joint venture, Schenker Gemadept Logistics.The Germany-based logistics giant has bought the remaining shares in the company, formed in July 2007 to provide logistics and supply chain services through an agreement between ...
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Heathrow airfreight up 7.8 per cent
AIR cargo traffic grew 7.8 per cent at Heathrow Airport in July, writes Thelma Etim, deputy editor.Popular routes, such as Mexico, Russia and China contributed to the increase during the summer month, says a company statement.China’s performance is likely to strengthen further in the forthcoming months, with Air China set ...
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Agility profits up, while cargo continues falling
GLOBAL forwarder Agility's net profits climbed to KD12.9m (US$45.55m) in the second quarter of this year, an increase of 12 per cent on the same period last year, writes Thelma Etim, deputy editor.For the first half of 2014, the Kuwait-based company achieved a net profit of KD24.1 million ($85m) –up ...
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IATA: Speaking out for air cargo’s global image
IT BEGGARS belief that an industry vital to international trade remains so invisible to the rest of the world, writes Thelma Etim, deputy editor.This may be one of the reasons why the air cargo industry has been allowed to operate in a technological time-warp for so long, while other industry ...
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DHL wins Lufthansa supply chain contract
DHL Global Forwarding has won the transatlantic supply chain contract to distribute spare parts and tools for Lufthansa Technik Logistik Services (LTLS).The annual volume is estimated at 25,000 shipments per year with a total weight of 550 tonnes, including shipments from Germany to the US, as well as from Canada, ...
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More forwarders sign IATA’s e-AWB agreement
A TOTAL of 1,205 forwarders have now signed the International Air Transportation Association’s (IATA) ground-breaking multilateral e-AWB agreement, writes Thelma Etim, deputy editor.The single standard document allows shipments information to be exchanged electronically, rather than being accompanied by paper airwaybills.The number of airlines who have signed the agreement remains at ...
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Panalpina: A pharma star is born
Panalpina is expanding its own-controlled air freight network by launching a weekly B747-400F connection from San Juan to Europe, aimed at pharmaceutical shippers.The Switzerland-based logistics giant says that the Puerto Rico-originating freighter will fly directly into Luxembourg, in close collaboration with European all-cargo operator Cargolux.The service, called Caribbean Star, uses ...