All articles by Air Cargo News (Admin) – Page 64
-
News
Air cargo ends the year in the doldrums
The air cargo market ended with a whimper as the industry saw both volumes and yields decline compared with a year earlier.Figures from analyst WorldACD show that chargeable weight decreased by 3.5% year on year in December, while average yields declined by 2.2% to $2. Volume for the year as ...
-
News
UPDATED: Panalpina's major shareholder says no to DSV takeover offer
Panalpina's largest shareholder does not support the unsolicited SFr170 per share takeover bid by Danish logistics giant DSV that values the Switzerland logistics giant $4bn.The Ernst Göhner Foundation, with 46% of the total share capital in Panalpina, has informed the forwarder's board of directors that "it does not support the ...
-
News
Empire Airlines: Building on a niche
Not many executives are steering a large express carrier and working on unmanned aircraft development while work on a freighter conversion is going on near their office.But then, Tim Komberec’s life in aviation spans a myriad of roles and environments.The president of Empire Airlines, last year’s recipient of the Pacific ...
-
News
Etihad jumps at the chance for a third Longines Masters horse charter
Etihad Cargo will again fly horses from Belgium to Hong Kong for the annual Longines Masters indoor show jumping event.It is the third consecutive year that the Middle East freighter operator, based in Abu Dhabi, has been entrusted with the transport of the elite show jumpers for the event.The dedicated ...
-
News
West Atlantic weighs in with CHAMP load planning solution
European freighter operator West Atlantic Sweden has gone live with CHAMP Cargosystems’ Weight & Balance solution to manage its load planning after adding a Boeing 767-200SF to its fleet.Said a spokesperson for CHAMP: "Since the need was raised for a stand-alone weight & balance system that included load planning, West ...
-
News
IAG Cargo launches new best in class pet transport service
IAG Cargo has announced a new pet transportation service on flights from the UK through its partnership with PetAir UK, alongside its sister company British Airways.The service offers an “improved online booking experience” and custom crates to suit each pet, and also coincides with the unveiling of IAG Cargo’s new ...
-
News
ECS signs total cargo management contract with TUI
Travel group TUI, which runs five airlines and owns 150 aircraft, has signed a total cargo management contract (TCM) with ECS, the global general sales and services agent (GSSA).Airlines with the Germany-headquartered holiday specialist serve over 300 destinations in 75 countries and operate an average of more than 3,300 flights ...
-
News
VD Gulf receives approval for B777 aircraft type and extends scope of services
VD Gulf, the Volga-Dnepr Technics company within Russia's Volga-Dnepr Group, has received type approval for the Boeing 777 aircraft.The MRO provider, located in Sharjah, UAE, will now be able to provide maintenance, repair and overhaul services for customers with B777 fleets.With this approval, VD Gulf has extended its base and ...
-
News
WFS opens new Brussels cargo facility
Cargo handler Worldwide Flight Services (WFS) has opened a new cargo handling facility at Brussels Airport.The new 8,700 sq m facility, developed by Montea, began operations on February 1. It is part of a wider development project within the cargo zone of Brussels Airport.A 50,000 sq m building will be ...
-
News
FedEx signs up for Bahrain airport's new cargo area
US parcel giant FedEx has signed a letter of intent for warehouse space at Bahrain International Airport’s (BIA) new 25,000 sq m cargo area, sited near the northern runway.The facility, which has two further tenants waiting in the wings, comprises warehouses, aircraft parking, and associated infrastructure aimed at handling air ...
-
News
Asia-Pacific and Middle East airports see volume declines in November
Airports in the Asia-Pacific and the Middle East regions experienced a decline in November 2018 volumes of 2.1% and 0.7% respectively.Airports Council International (ACI) blamed "a weakened global economy and reduction in manufacturing activities" for the regional declines.Among the major cargo hubs, Qatar's Doha hub +5.6% had the highest increase ...
-
News
CEVA expects revenues to increase but profits to be hit by one-off costs
CEVA Logistics is expecting to see an improvement in its annual revenues, but operating profits are set to have declined due to one-time events.The company said it expects revenues for 2018 to have increased by 5.2% year on year to $7.4bn, while earnings before interest, tax, depreciation and amortisation (ebitda) ...
-
News
Egyptair takes re-delivery of second A330-200P2F
Egyptair Cargo has taken delivery of its second passenger-to-freighter converted Airbus A330P2F.The Middle East carrier ordered three A330-200P2Fs from German-based passenger to freighter conversion specialist EFW.The 13-year-old aircraft was converted by EFW during the second half of 2018. Ground tests and acceptance procedures were completed at the end of January ...
-
News
DDC tests out new e-commerce drone
Drone Delivery Canada (DDC) has commenced testing its newest cargo delivery drone, 'The Falcon' with a lifting capability of 22kg of payload and a travel range of 60km.The Falcon has been in development for almost a year and has received approvals from Transport Canada to commence testing within Southern Ontario.DDC ...
-
News
Turkish Cargo to start operations at Istanbul Airport in March
Turkish Cargo has confirmed that it will begin offering services from Istanbul Airport from its opening on March 2.From that date, the airline will cut its passenger services over to the new hub while freighter flights will continue at Ataturk Airport until later in the year."Following the commissioning of the ...
-
News
WiseTech Global continues expansion with Systema acquisition
Logistics software firm WiseTech Global has continued its expansion with the the acquisition of Systema, a customs management solutions provider in Norway.Headquartered in Oslo, Systema offers customs and logistics management solutions from its coresoftware platform SYSPED to customers in Norway, Denmark and Sweden.Customers include Dachser, DHL, DSV, Norsk Trailer Express, ...
-
News
Perishables and e-commerce boost Anchorage cargo volumes in 2018
A boom in e-commerce and perishables traffic helped Ted Stevens Anchorage International Airport record a 2.5% rise in 2018 airfreight volumes to 2.8m tonnes.Management at the world’s fifth busiest air cargo hub said that Anchorage is "strategically located between the world’s two largest economies which happen to be the two ...
-
News
Pharma and horses perform well for LuxairCargo
Pharma shipments at Luxembourg Airport surged by 22% in 2018 to reach 36,830 tons, although overall cargo tonnages at the European hub edged ahead by just 2% to 957,000 tons, all handled by LuxairCargo.The airport, home hub for freighter operator Cargolux, handled 2,524 horses last year, an increase of 58% ...
-
News
Airfreight rates see growth narrow in December
The latest figures from consultant Drewry show that airfreight rate growth narrowed as 2018 drew to a close.The consultant's Sea and Air Shipper Insight report shows that average freight rates on major east-west lanes increased by 2% year on year in December.Compared with November, there was a 3.5% decline, which ...
-
News
UPS revenues up but profits down in Q4
UPS saw revenues increase during the fourth quarter on the back of "record shipments" but its profits took a hit as a result of pension charges.The express giant saw fourth-quarter revenues increase by 4.6% year on year to $19.8bn, but operating profits were down 2.9% on last year to $2bn ...