All articles by Air Cargo News (Admin) – Page 53
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NewsAirBridgeCargo reconfirms compliance with Cargo iQ’s quality standards
AirBridgeCargo Airlines (ABC) has passed its second audit, reconfirming its compliance with the quality standards of IATA interest group Cargo iQ.During a two-day inspection of its operations in Moscow, the Russian airline was measured against a series of KPIs to guarantee that its services conform to the highest industry quality ...
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NewsUPDATE Lufthansa Cargo: airfreight boom comes to an end
Lufthansa Cargo has warned that the airfreight boom of the last two years has come to an end after reporting an increase in profits last year.The carrier generated over €2.7bn in revenue and a profit of €268m (adjusted EBIT) in 2018, the second-highest result in the German flag-carrier‘s history, on ...
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NewsEnvirotainer's Mumbai station is open for business
Specialist pharma-chain ULD provider Envirotainer has added a Mumbai station to its network in support of its RKN e1 and RAP e2 containers.Mumbai (BOM) is the 32nd station in the Envirotainer network to carry its flagship RAP e2 solution, an advanced temperature-controlled air cargo container.Suat Toh, Envirotainer head of sales ...
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CMA CGM nears 90% of voting rights in CEVA Logistics
CEVA Logistics is likely to de-list from the SIX Swiss Exchange later this year after confirming media reports that French shipping group CMA CGM is on course to control almost 90% of the voting rights in the supply chain company.Switzerland-based CEVA said that a SFr30 per share public tender offer ...
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NewsE-commerce and specialist products can 'cushion' air cargo in economic downturns
Glyn HughesGrowing e-commerce volumes and specialist high value products such as pharma and perishables provide a “cushion” and “in-built resilience” for air cargo in times of global economic downturns.IATA Cargo boss Glyn Hughes, speaking after the three-day World Cargo Symposium (WCS) in Singapore, said that there was a mood of ...
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NewsLufthansa Cargo: airfreight boom comes to an end
Lufthansa Cargo has warned that the airfreight boom of the last two years has come to an end after reporting an increase in profits last year.The carrier generated over €2.7bn in revenue and a profit of €268m (adjusted EBIT) in 2018, the second-highest result in the German flag-carrier‘s history, on ...
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Rhenus buys Canada's Rodair
Germany’s Rhenus Group has acquired Canadian logistics provider Rodair. The acquisition, terms were not disclosed, is subject to approval by the relevant authorities.The core business activities at Toronto-headquarter Rodair involve international freight forwarding, project logistics, courier, warehousing and distribution, 3PL services, and e-commerce solutions.The company, founded in 1996, has business ...
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NewsAir Cargo Europe: Airfreight getting data to really take off
Artificial intelligence (AI) is one solution for the air cargo industry as it addresses the growth of e-commerce and a workforce skills shortage.Other solutions include further automation in the supply chain and greater use of data from the Internet of Things.These are among the topics that will be discussed during ...
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BIFA continues to prepare for a no-deal Brexit
The British International Freight Association (BIFA) is advising its members to continue preparing for a no-deal Brexit departure on March 29, "until further clarity is obtained".BIFA offered this advice “while the UK government keeps working, pushing and grinding on to try again to make the case for its Brexit compromise, ...
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Hong Kong air cargo down 14.4% in February due to "unfavourable macroeconomic conditions"
Hong Kong International Airport (HKIA) saw cargo throughputs plunge 14.4% in February to 274,000 tonnes due to “unfavourable macroeconomic conditions”.The world’s number one cargo by volume in 2018 handled 676,000 tonnes in January and February 2019 for an 8.6% decrease compared to the same period in 2018.Said an HKIA spokesperson: ...
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NewsPer Hojland joins Saudia Cargo
Per Hojland, Executive Director, Cargo Operations Worldwide, Saudia CargoSaudia Airlines Cargo has appointed Per Hojland to the position of executive director, cargo operations worldwide.Hojland, a Danish national, took up his new position in Jeddah in March. He joins Saudia Cargo after having spent the past 25 years in various roles ...
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NewsAsian air cargo faces short-term turbulence
IATA World Cargo Symposium 2019The Asian air cargo industry faces turbulence over the coming months, with predictions of further demand declines.Speaking at the World Cargo Symposium, IATA chief economist Brian Pearce painted a bleak picture for air cargo in Asia over the next few months.He said the US-China trade war ...
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CMA CGM set for Ceva stake of almost 90%
According to a report by Reuters, CMA CGM now controls almost 90% of the voting rights in Ceva Logistics.This follows a public tender offer from French shipping group of SFr30 per share. Reuters said this offer values Ceva at SFr1.67bn ($1.66bn) – a price that has been agreed after a ...
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NewsDon Colleran named president and CEO of FedEx Express
Don Colleran, FedExGlobal integrator FedEx Corp has appointed Don Colleran to the role of president and chief executive of FedEx Express, effective March 16.Jill Brannon will succeed him as executive vice president and chief sales officer of FedEx Corp.Colleran’s 30-year career with FedEx includes various sales roles as well as ...
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ACS adds Shanghai office
Air Charter Service (ACS) has expanded its Asia operations with the opening of a new office in Shanghai in March.Headed up by Amos Chan, who joined ACS five years ago and previously worked for Hong Kong Air Cargo, the new Shanghai branch is the broker’s second in mainland China.According to ...
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NewsDimerco's challenging chopper logistics completed in just five days
Global forwarder Dimerco has transported two civilian helicopters from Tennessee in the US, via South Korea, to Guangdong in China.The move was completed in just five days. The oversize cargo, which comprised 12 pieces weighing over 4 tonnes, included a fuselage – categorised as Class 9 Dangerous Goods.Taipei-headquartered Dimerco was ...
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NewsKLM participates in panda project
Red pandasKLM has flown two young red pandas from Edinburgh to Amsterdam as part of a conservation project to help secure the future of the species.Pokhara and Shimla, twin brothers, travelled from their first home at the Royal Zoological Society of Scotland’s Highlands Wildlife Park in Inverness to Gaia Zoo ...
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NewsAustralia needs dedicated airfreight body, says think tank
A think tank has called on the Australian government to set up a dedicated body to measure and publish detailed analysis of the country’s airfreight sector. The move follows the release of a report by executive member network Infrastructure Partnerships Australia (IPA) and BIS Oxford Economics, which indicates that belly ...
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CCN and Microsoft launch air cargo blockchain first
Singapore’s Cargo Community Network (CCN) and Microsoft have launched the world’s first blockchain-based air cargo billing, costing and reconciliation system.Announced at the IATA World Cargo Symposium, the system was developed following a hackathon organised by CCN and Microsoft and a two-month proof-of-concept that involved partners such as Singapore Airlines, SATS, ...
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NewsCargo iQ welcomes Royal Air Maroc
From left to right: Ariaen Zimmerman, executive director, Cargo iQ; Kerstin Strauss, vice president air logistics operations, global airfreight, Kuehne + Nagel; Salim Quouninich, director cargo, Royal Air Maroc; and Henrik Ambak, vice chairman, Cargo iQRoyal Air Maroc has joined IATA’s Cargo iQ initiative, signing up during the World cargo ...