All articles by Air Cargo News (Admin) – Page 61
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Hong Kong the latest airport to report weak start to the year for cargo
The world's busiest airport for cargo, Hong Kong, saw freight volumes decline by 4.2% in January to 401,000 tonnes."Uncertain global economic conditions contributed to decreases in cargo volume in January," the airport said.Imports and transhipments were affected the most, registering 8% and 6% year-on-year drops, respectively.Amongst key trading regions, cargo ...
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New routes help Turkish Cargo grow rapidly in 2018
Turkish Cargo saw air cargo volumes grow by more than 20% last year, according to figures from analyst World ACD.Figures from the data provider show the airline noted a 21.7% increase in the chargeable weight of cargo transported, which the airline pointed out is 10 times higher than the average ...
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Airfreight helps drive profit improvement at Agility
Logistics firm Agility saw revenues and profits improve last year, while it has also confirmed that it has entered tie-up talks with Panalpina.The Kuwait-headquartered logistics firm saw revenues for 2018 increase by 10.2% year on year to KD1.5bn, while ebitda was up 14.5% to KD154.8mand net profits jumped 18.4% to ...
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DPDHL and SF Holding complete €700m supply chain tie-up in China
Deutsche Post DHL (DPDHL) has concluded a deal to transfer its supply chain operations in China to SF Holding in a ten-year strategic partnership to grow the business in China.As part of this deal, which was first announced at the end of October last year, DP DHL will receive an ...
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Saudia Cargo to team up with new box port on air-sea solution
Saudi Airlines Cargo has signed an agreement with the recently opened King Abdullah Port to help establish logistics operations between the sea gateway and King Abdulaziz International Airport.The agreement, which comes shortly after inaugurating King Abdullah Port, will establish a cargo corridor between the port and King Abdulaziz International Airport ...
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Panalpina seeks tie up with Agility as DSV ups its offer
The ongoing Panalpina takeover saga took another twist today as the forwarder announced it was in talks with Kuwait-headquartered Agility over a potential tie up and in response DSV has upped its offer for Panalpina.Panalpina this morning confirmed media reports that it is "in discussions with Agility Group on potential ...
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Boeing 747 at 50, take a trip down memory lane
Boeing has celebrated the 50th anniversary of its iconic B747 passenger and freighter aircraft with a look back over the key milestones of the original "jumbo jet".Click here to see a video of 50 years of flight for the "Queen of the Skies".The post also includes historic pictures of the ...
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Five new leaders to drive growth at GEFCO’s freight forwarding division
GEFCO Group has nominated five new leaders to grow and expand its freight forwarding business worldwide.The new leaders are:Valentin Elistratov, Global Commercial DirectorKarin Van Den Brekel, Life Science and Health Care Global ManagerKatherine Shek, Regional Director for AsiaPeter West, Country Director for Australia and New ZealandAlicja Szewczyk, Global Human Resources ...
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Transpacific airfreight rates decline again in January
Airfreight rates on the transpacific trade lane continued to come under pressure in January as contacts say that demand at the start of 2019 has been lacklustre.Figures from Tac Index show that airfreight rates on services from Hong Kong to North America declined by 0.8% year on year to an ...
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Suparna looks to expand on the transpacific
Suparna Airlines is hoping to further expand its international operations with new flights across the transpacific and to Japan.According to a filing with the Civil Aviation Administration of China (CAAC), Suparna, formerly Yangtze River Airlines and known in China as Jinpeng, would like to add a flight calling Shanghai Pudong-Zhengzhou-Anchorage-Chicago-Halifax-Anchorage-Xi'an.The ...
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Panalpina chief: We're on the acquisition trail
Panalpina chief executive Stefan Karlen has told the Swiss business press that the forwarder is on the acquisition trail, despite itself being a takeover target.Karlen told Finanz and Wirtschaft (F&W) that the company would be looking to grow organically and inorganically through acquisitions.This could include deals involving companies the same ...
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Slurper-sonic brew: Take tea under Concorde’s wing at Manchester
The Runway Visitor Park at Manchester Airport will play host to a special event on March 2 to celebrate 50 years since Concorde first took to the skies.The Aviation Society at Manchester Airport will see afternoon tea served under the wings of British Airways’ flagship Concorde – G-BOAC.As well as ...
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Love is in the air for Turkish Cargo as it shifts 4,000 tons of flowers
Turkish Cargo carried almost 4,000 tons of flowers across the globe as demand ramped up for Valentine's Day.The airline said its flower volumes flourished between January 1 and February 10 as it transported the perishable product to/from various destinations/origins to Stansted, Narita, Maastricht and Riyadh, and from Quito to Amsterdam, ...
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DHL Express hires 300 customs agents as it braces for Brexit
DHL Express has hired an extra 300 customs agents in order to minimise the impact of Brexit.Speaking at the unveiling of its biennial Global Connectedness Index (GCI) report, DHL Express chief executive John Pearson said that the company had been hiring “50 customs agents a week” across Europe as it ...
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LATAM Cargo moves 9,000 tons of flowers for Valentine's Day
LATAM Cargo flew more than 9,000 tons of flowers between January 14 and February 8 for Valentine's Day.The airline said that red and pink roses, mixed bouquets, carnations, chrysanthemums, iris, gypsophila and greenery were the most popular flowers.LATAM Cargo transported flowers from Bogota and Medellin in Colombia and from Quito ...
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Panalpina shareholder urges board to consider DSV offer
One of Panalpina's major shareholders has written to the forwarder's board urging them to seriously consider DSV's takeover offer and to express its concern over the largest shareholder's control over the company.In a letter to the Panalpina board, David Samra, managing director of Artisan Partners, a 12% shareholder, said that ...
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Rhenus Logistics awarded CEIV Pharma certification at Schiphol
Rhenus Air & Ocean has achieved IATA’s CEIV Pharma certification for its Amsterdam Airport Schiphol branch.In 2018, Rhenus started the process of obtaining the certification by reviewing its procedures for the handling of temperature-controlled shipments, optimisation of temperature-controlled facilities, training of staff and assessing all logistics processes through independent validators.Frank ...
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WFS adds new Copenhagen pharma facility
Cargo handler Worldwide Flight Services (WFS) is to invest in a new pharma facility at Copenhagen Airport.Construction of the new facility will begin in April and the new building will cover an area of 1,500 sq m and will provide end-to-end handling in a temperature-controlled environment for 2-8°C pharma products ...
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Emirates says farewell to the A380 production line with a final 14 order
As Airbus announced that it will end the production of its A380 series, the European plane maker reached agreement with Middle East carrier Emirates on outstanding A380 deliveries.The Dubai-based airline will receive 14 more A380s from 2019 until the end of 2021, taking its total A380 order book to 123 ...
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AEI receives FAA certification for B737-800SF
Passenger to freighter conversion specialist Aeronautical Engineers Inc. (AEI) has received a Federal Aviation Administration (FAA) Supplemental Type Certificate (STC) for the passenger-to-freighter conversion of B737-800 aircraft.The prototype B737-800SF freighter conversion was completed in December, but experienced a delay in certification due to the partial US government shutdown in January ...