All articles by Air Cargo News (Admin) – Page 400
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News
Cargolux: Betting big on China
How many B747-8 freighter flights between Zhengzhou and Luxembourg can the market sustain? That was the question when Cargolux announced that it was to sell a 35 percent stake to Henan Civil Aviation and Investment Company Ltd (HNCA), an enterprise owned by the Chinese province of Henan.The deal, completed in ...
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Double digit boost for Expeditors
Expeditors International recorded double digit volume growth for both air and ocean freight in the 2014 third quarter, the first time this has happened since the last three months of 2010.The US-based global logistics operator said: "These 2014 third quarter results have given us a great deal of confidence,” adding ...
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DHL expands Asia air network
DHL is expanding its Asia air network by adding a five times per week B737-400SF flight connecting the economies of Thailand, Vietnam and Hong Kong.The new service, operated for the parcels and logistics giant by Thailand’s K-Mile Air, connects Bangkok, Hanoi and Hong Kong, using a newly converted freighter with ...
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CEVA to operate Gulfstream parts hub at Heathrow
Gulfstream Aerospace Corp has appointed CEVA Logistics to operate a new European Parts Distribution Centre at London Heathrow Airport.The facility will support Gulfstream’s business aircraft customers in the UK, Ireland, mainland Europe and the Nordics with urgent high-usage items.It will also provide rapid-response support for technicians from Gulfstream’s service centre ...
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UK runway rivals argue economic case
UK gateways Heathrow and Gatwick have stepped up their war of words over rival runway expansion plans following the release of new analysis by the government’s Airports Commission.The consultation documents – published for further public comment - present the commission’s analysis of the three proposals shortlisted late last year: two ...
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CEVA air freight volumes on the up
Supply chain specialist CEVA reports that its third quarter airfreight volumes rose five per cent over prior year, ahead of the market.CEVA also announced that it is adopting a local, rather than region-based, operating model.Xavier Urbain, chief executive of CEVA, said: “For our customers, local ownership of execution is very ...
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DP DHL: air freight in Q3 surge
New business helped logistics giant Deutsche Post DHL record a 2.3 per cent growth in air freight volumes to 2.97m tonnes in the first nine months of 2014 versus prior year, outpacing sector revenues that edged ahead 0.6 per cent to E3.7bn.However, third-quarter air cargo volumes climbed “significantly” by 4.8 ...
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Agility shows growth
GLOBAL forwarder Agility's third quarter revenues were KD337m, a three per cent increase from the same period a year earlier, with a profit rise of seven per cent to KD13m.For the first nine months of 2014, the Kuwait-based global logistics operator reported a net profit of KD37.1m, an increase of ...
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Dubai aviation's big bucks for the local economy
Dubai’s aviation sector contributed $26.7bn to the local economy in 2013, almost 27% of the emirate's GDP.A report by global research firm Oxford Economics found that Emirates airline, Dubai Airports and the aviation sector as a whole supported a total of 416,500 jobs, accounting for 21% of total employment.The objective ...
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Agility appoints Poulsen for Greater China Area
Agility has appointed Soren Poulsen as chief executive for the Greater China Area (GCA), responsible for leading the forwarder’s Global Integrated Logistics business in China, Hong Kong and Taiwan.Poulsen, with around 25 years logistics industry experience, has spent more than 10 years of his career in management positions in China.Prior ...
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Pharma: The human factor
There has been a lot of interest in pharmaceutical shipments in the air freight industry in recent years as airlines and forwarders search for traffic that can give them those elusive higher yields. As a result some thirty airlines now offer pharmaceutical products and many are investing in expanding their ...
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Budapest's inflatable hangar
Lufthansa Technik has erected an inflatable hangar at Budapest Airport to protect its aircraft engineers from Hungary’s winter weather.The existing hangar capacity for Lufthansa Technik Budapest – housing up to five mid-size aircraft simultaneously – has proved insufficient because of its winter business bookings.The dimensions of the additional hangar – ...
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First phase of DHL Leipzig hub expansion opens for business
DHL’s major expansion of its Leipzig air hub has seen the first phase of an expanded warehouse facility open today.Announced a year ago, the €150m investment will see the freight processing capacity increase by 50% to more than 15,000 shipments per hour at Germany's second largest airport by cargo volume.Hand ...
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Zhengzhou route pays off for Cargolux
The introduction of a new route from Luxembourg to China’s Zhengzhou airport in June has paid off handsomely for Cargolux as today, just five months on, it dispatches the 10,000th tonne of cargo between the two hubs.European freighter operator Cargolux will build on its early success by introducing a fifth ...
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Damco responds to Zhengzhou growth
Also responding to the commercial shift from China’s coastal areas to well-connected inland hubs, Maersk forwarding and logistics unit Damco has opened a new commercial office in Zhengzhou, focused on electronics exports."Zhengzhou has become a very important multimodal hub for Damco, with its strategic location, well-connected transportation network and advanced ...
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An-225's flying visit to Robin Hood airport
Antonov Airlines’ An-225 Mryia freighter made a flying visit to Robin Hood Airport Doncaster Sheffield Airport, to collect 150 tonnes of engineering equipment for a transatlantic flight.Dayle Hauxwell, cargo manager at the northern UK hub, said: “The arrival of this huge aircraft is further proof of Doncaster Sheffield Airport’s ability ...
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CEVA joins the e-AWB 20% club
CEVA Logistics has joined the elite group of industry players to break through 20% penetration for e-air waybills (e-AWB) across its global business, with its September performance showing the fastest e-AWB growth of any logistics company.CEVA has now reached 20.4% penetration and is “well on target to meet the IATA ...
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EuroAirport aims for larger share of cargo traffic
EuroAirport has inaugurated a Euro40m cargo terminal at the French hub which is situated close to Swiss city Basel, a major European pharma industry cluster.EuroAirport Cargo Terminal, located in the tri-national Upper Rhine Region that shares borders with Switzerland and Germany, will enter operation in January 2015.The new facility – ...
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DHL Supply Chain boosts Chinese logistics investment
DHL Supply Chain (DSC) has more than doubled its commitment to infrastructure investment in China, with a further Euro113m added to the Euro105m committed by the German-owned logistics operator last year.The total Euro218m investment will support the development of DHL’s Chinese network and, in particular, six new logistics facilities scheduled ...
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Fraport consortium wins tender for 14 Greek airports
Fraport Frankfurt Airport Services Worldwide and its partner Copelouzos Group have been selected as preferred investors for a 40-year operating concession covering 14 regional airports in Greece.The concession, priced by the winning consortium at Euro1.2bn, sees the previously government-operated sites move into private hands after a tender process run as ...