All articles by Air Cargo News (Admin) – Page 406

  • News

    Pharma helps K+N airfreight outpace the market

    2015-03-20T11:38:22Z

    Kuehne+Nagel beat 2014 airfreight market growth with a 5.3 per cent increase in volumes to 1.2m tonnes for the full year.The Switzerland-based logistics giant’s air cargo increase is more than twice last year’s global market benchmark average of between three and four per cent.K+N, the world’s second largest airfreight forwarder ...

  • News

    Losses mount at dampened Damco

    2015-03-20T11:37:15Z

    Damco, the global logistics arm of Danish shipping group AP Moller Maersk, more than doubled its annual losses to $293m for the full year 2014.The ocean giant parent said that Damco's losses were due to “significant” impairment hits in 2014 and “reduced profitability” in its ocean and airfreight segments.Netherlands- headquartered ...

  • News

    Airfreight bolsters Expeditors’ figures

    2015-03-20T11:36:25Z

    A ten per cent year on year increase in airfreight net revenues contributed to a strong 2014 fourth quarter for US forwarder and logistics company Expeditors.The Washington-based company said its net earnings had increased 19 per cent in the quarter, to almost $99.4m, compared with $83.5m in the same period ...

  • News

    Minister praises Singapore streamlining

    2015-03-20T11:35:10Z

    Initiatives by Singapore ground handler SATS to streamline cargo pallet handling, and a warehouse reorganisation to reduce processing time were among projects singled out for praise by Singapore’s transport minister Josephine Teo.There was also ministerial praise for a cargo track and trace scheme by forwarder DB Schenker.The Aviation Productivity Conference, ...

  • News

    Plugging the airfreight information gap

    2015-03-20T11:31:53Z

    London-based charter specialist chartersphere and software company WebCargoNet aim to plug the gaps in existing airline schedules and rates with a new partnership.Existing information sources do not fully cover the needs of shippers of outsized or urgent goods, or a shipment to a remote destination not covered by scheduled services, ...

  • News

    Panalpina predicts 3%-4% air cargo market growth in 2015

    2015-03-20T11:30:42Z

    Panalpina expects the airfreight market to grow by between three and four per cent in 2015, driven by the technology, perishables and industrial consumables sectors.The Switzerland-headquartered multi-modal logistics company predicts that airline rates will “stay the same or even increase in selected trade lanes”, even though there is pressure on ...

  • News

    Lieb to quit DB Schenker Logistics

    2015-03-20T11:23:29Z

    Thomas Lieb, management board chairman of Schenker AG, will leave the German logistics company at the end of this month “by best mutual agreement”.The 56 year-old will take on new responsibilities outside the German railway parent company, Deutsche Bahn Group.Dr Lieb has resigned “immediately” as head of business unit at ...

  • News

    DB Schenker to open Heathrow temperature-controlled site

    2015-03-20T11:06:51Z

    DB Schenker Logistics will open a new perishables handling facility at London Heathrow at the end of March.The 11,000 sq ft facility will have cross-dock capability to eliminate contamination exposure and will allow for reduced manual handling.Schenker UK chief executive Helgi Ingolfsson said: “I have high hopes for this ultra-modern ...

  • News

    Time to rethink UK air links

    2015-03-20T11:03:45Z

    Access from the UK's regions must be considered in deciding future runway capacity in the south-east of England, said chair of the National Connectivity Task Force, Lord John Shipley, in a new report.For the past 20 years, the Department for Transport had effectively prioritised international air access over domestic services ...

  • News

    Hong Kong will be a three-runway airport by 2023

    2015-03-20T10:28:02Z

    Hong Kong's government has approved a third runway for the city’s international airport.Expected to open by 2023, it will help the island maintain its status as the world’s busiest air cargo hub and help Hong Kong maintain its position against other Asian rivals in China and Singapore.The HK$141.5bn (US$18.2bn) scheme ...

  • News

    India's Jet Airways to wet-lease Etihad freighter

    2015-03-18T12:20:23Z

    India’s Jet Airways is to launch dedicated freighter operations using an A330-200F aircraft wet-leased from its strategic-partner, Etihad Airways.Subject to regulatory approvals, the aircraft will fly from an operating base in New Delhi from April 2015 to a number of international and domestic destinations, including Bangalore, Hong Kong, Hanoi and ...

  • News

    Cargojet network expansion

    2015-03-18T12:19:34Z

    Canada’s Cargojet is expanding its domestic air cargo network from the beginning of April.Cargojet, operating overnight services across North America plus global charters, has a total freighter fleet of 24 aircraft, including the recent introduction of five B767-300ERFs, three B767-200ERFs and one B757-200ERF.The carrier did not outline in detail the ...

  • News

    FedEx sees peak season bounce

    2015-03-18T12:18:43Z

    US parcels giant FedEx saw third quarter revenues up four per cent to $11.7bn.“We had a very successful peak season as volumes grew across all transportation segments, and our profit improvement programs are moving ahead as scheduled,” said Fred Smith, FedEx Corp chairman, president and chief executive officer.Operating results for ...

  • News

    Shanghai’s new perishables centre to open in July

    2015-03-17T15:44:36Z

    Shanghai Pudong International Airport Cargo Terminal (PACTL) says its new perishable centre is nearing completion and should go into operation in July 2015, once it has gained IATA certification.The 3,500 sq m site will include a deep freeze area (-18 degrees Celsius), several cool storage facilities (+4 to +8 degrees ...

  • News

    DHL right in the heart of Texas

    2015-03-17T15:33:46Z

    DHL has opened a service centre facility in Houston, Texas, mainly to serve the oil and gas sector.The $2.5m, 28,000 sq ft facility can process more than 2,500 shipments per hour, nearly double the existing capacity and will allow for earlier delivery times and later drop off times.DHL Express says ...

  • News

    Unions call for halt to Cargolux outsourcing plan

    2015-03-17T14:29:14Z

    The Luxembourg Confederation of Christian Trade Unions (LCGB) has called for a written assurance that Cargolux will not press ahead with a controversial outsourcing plan as the Luxembourg freighter operator seeks to return to profit.The demand came as the LCGB and the OGBL union continued their negotiations on a new ...

  • News

    IAG out in front with e-AWBs

    2015-03-17T14:28:30Z

    IAG Cargo claims that it has the highest e-air waybill (e-AWB) penetration in Europe.As of January, its e-AWB penetration was 34 per cent, well above the industry average of 25 per cent, said the freight arm of British Airways and Iberia.IAG Cargo has made e-AWBs available in more than 160 ...

  • News

    Southern Air gets a stablemate

    2015-03-16T16:05:41Z

    Worldwide Air Logistics Group – owner of Kentucky-based all-cargo carrier Southern Air – is to buy a second freighter operator, Florida West International Airways.It said that acquiring the Miami-based carrier heralded a push into the ACMI (aircraft, crew, maintenance and insurance) sector of the US air cargo market.Florida West is ...

  • News

    Big jump for Cathay and Dragonair in February

    2015-03-16T15:58:51Z

    Cathay Pacific and Dragonair’s airfreight volumes jumped 28.8 per cent in February compared with the same month in 2014.Between them, the two airlines carried 130,467 tonnes of cargo and mail in February.Cathay Pacific’s general manager cargo sales and marketing, Mark Sutch, said: “The high-year-on-year tonnage growth reflects the overall improvement ...

  • News

    Aid agencies prepare airlift to Vanuatu

    2015-03-16T15:42:36Z

    Aid agencies and the military have scrambled to fly supplies into Vanuatu, after the Pacific island nation was hit by Cyclone Pam last week.The Category Five tropical storm hit Vanuatu with winds of up to 170mph, causing widespread damage and knocking out power, water and other services.The storm is likely ...