All articles by Air Cargo News (Admin) – Page 82
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News
To boldly go: Volga-Dnepr and Bolloré deliver module for space programme
Volga-Dnepr Airlines and forwarding partner Bolloré Logistics have delivered the first European Space Module (ESM) for a programme that will take astronauts beyond low Earth orbit in 2022.The 14-ton module, transported in a special container to maintain precise temperature and pressure conditions, as well as 10 tons of supporting equipment, ...
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Investigation team reveal extent of damage sustained by Sky Lease B747 freighter
The investigation into last week’s runway overrun by a Sky Lease Cargo Boeing 747-400 freighter is underway (see images below).The Transportation Safety Board of Canada (TSB) launched its investigation into the incident on Runway 14 at Halifax Stanfield last week and has revealed the extent of damage to the aircraft.The ...
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ATSG completes Omni Air acquisition
ATSG has completed the previously announced acquisition of Omni Air International LLC (Omni Air), a passenger ACMI and charter services provider, for $845m.Omni Air, founded in 1993 and with a fleet of 13 passenger aircraft, a mix of Boeing 767 and Boeing 777 extended range units, serves the US and ...
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Agility sees revenues improve on strong airfreight performance
Strong airfreight performance helped drive a 10% increase in third-quarter revenues at Kuwait-headquartered logistics firm Agility.The company saw total revenues for the period reach KD394.4m ($1.3bn), while earnings before interest, tax depreciation and amortisation (ebitda) was up 14.8% year on year to KD39.2m and net profits reached KD20m, up 12.3% ...
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Halifax Stanfield re-opens after SkyLease 747 freighter overruns the runway
Halifax Stanfield Airfield has re-opened after a Boeing 747-400 freighter operated by SkyLease came off the runway early this morning.The airport said the incident occurred at 5.05am local time when the aircraft (Flight KKE 4854/Reg 908AR) came in to land from Chicago, going off the end of runway 14/32.The aircraft ...
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Dachser offers peak season charters
Freight forwarder Dachser is again organising peak season freighter charters for the Frankfurt—Shanghai—Frankfurt route, offering customers in central Europe and China weekly round trips.Timo Stroh, head of global airfreight at Germany-headquartered Dachser, said: “We are expecting this year’s peak season to be another strong one for airfreight."Having our own charter ...
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Heathrow's cargo community is cutting truck delays
Heathrow's cargo community is winning the battle against peak-time truck delays as the AIS (Advance Information System) gains traction among forwarders, cargo terminal operators and airlines at the UK airport.And with reports of "significant reductions" in dwell time for trucks and £200 savings in driver costs, there is a now ...
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JetPak swoops on Belgian express firm
Nordic courier specialist Jetpak has purchased express logistics company Right Away for an undisclosed sum.Jetpak described Right Away as a small sized air express company with annual revenues of €4m located in Brussels Airport.The purchase is part of the courier firms' European growth strategy. Last year, Jetpak began operations in ...
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Nippon Cargo records Q2 loss as parent confirms plans to offload B747-400Fs
Nippon Cargo Airlines (NCA) reported a loss in its fiscal second quarter as a result of the temporary grounding of its freighter fleet while safety checks were carried out.Meanwhile, its parent has confirmed that the airline will now concentrate on Boeing 747-8Fs, offloading its B747-400Fs.The airline's parent company, NYK Group, ...
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DHL sees airfreight volumes decline despite revenue improvement
The world’s largest airfreight forwarder DHL Global Forwarding continued to see airfreight volumes tumble during the third quarter of the year, but still managed to record improvements in revenues and gross profits.The Bonn-headquartered forwarder saw total airfreight volumes decline by 5.2% year on year during the third quarter to 529,000 ...
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ASM continues to make contingencies for new UK Customs system
Agency Sector Management (ASM) is continuing work on contingency plans for businesses affected by the new UK’s Customs Declaration Service (CDS) as there is uncertainty whether the system will be fully-ready for roll-out.CDS is due to replace the current Customs Handling of Import and Export Freight (CHIEF) system in phases ...
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Cargolux transports invaluable historical artifacts
Cargolux has transported invaluable historical artifacts between Zhengzhou and Luxembourg as part of a cultural exchange agreement between China’s Henan Museum and Luxembourg’s Musée National d'Histoire et d'Art (MNHA).A total of three tonnes comprising 145 cultural artifacts were loaded aboard Cargolux flight CV975. They arrived early this morning after a ...
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Expeditors warns of airfreight rate volatility as profits hit new highs
US freight forwarder Expeditors has warned of increasing volatility in airfreight rates as it reports record profits for the third quarter of the year.The company saw third-quarter revenues increase by 16% year on year to $2.1bn, while earnings before interest and tax were up 9.4% on a year earlier to ...
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Turkish Cargo joins Pharma.Aero
Turkish Cargo is now part of Pharma.Aero, which fosters collaboration between IATA CEIV Pharma certified airport communities.The carrier's full membership certificate was presented to Turkish Airlines' chief cargo officer, Turhan Özen, at the TIACA Air Cargo Forum in Toronto.Pharma.Aero, which aims to achieve excellence in the reliable end-to-end air transportation ...
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Airfreight rates on key trades reach new highs for 2018
Airfreight rates on the transpacific and Asia-Europe lanes continue to improve in October despite capacity growth outstripping demand improvements.Figures from TAC Index show that prices on services from Hong Kong to North America reached an average of $4.80 per kg in October, the highest level of the year so far ...
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Air Partner freight profits rise in steady first half trading
Air Partner reports “continued strength in freight” with gross profits up 36% to £1.5m in its results for the first six months of the year to July 31, 2018.Chief executive Mark Briffa noted that freight, which contributes 8% to group gross profit, “is an especially volatile sector, [so] these results ...
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First private canine team certified to carry out cargo screening at US airports
Cargo Screening K9 Alliance (CSK9) has become the first commercial company to achieve US Transportation Security Administration (TSA) certification allowing their dogs to screen cargo.The certification means that the company will now be able to deploy its canine teams to screen air cargo for aircraft operators, foreign air carriers, and ...
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AEI starts conversion work on Automatic's B737 freighter for Titan
US aircraft conversion specialist Aeronautical Engineers Inc (AEI) is to provide aircraft lessor and trading house Automatic with another B737-400SF freighter, adding that orders for the conversion platform "remain strong".Passenger to freighter modification work on Automatic's B737-400 began this week and the converted twinjet will be re-delivered in early March ...
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JD.com launches dedicated air cargo operation to increase delivery speed
E-commerce company JD.com has added a dedicated air cargo operation through Tianjin Air Cargo freighter as it continues to expand its logistics business and improve reliability.The new service, which launches today, will fly six round trips a week between Tianjin and Guangzhou using a dedicated freight Boeing 737 aircraft branded ...
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Hermes in cargo systems contract win at Hyderabad airport
Hermes Logistics Technologies (HLT) is to implement cargo management systems at India's Hyderabad International Airport (HYD).HLT has signed a five-year contract with GMR Hyderabad International Airport Ltd (GHIAL), including a systems upgrade schedule for Hyderabad Airport’s cargo terminal.“GMR team’s requested timeline from contract signature to production was an extremely ambitious ...