All articles by Air Cargo News – Page 11
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News
Frankfurt Airport reports fall in freight
Freight at Frankfurt Airport fell by 8.0% in October compared with the same month in 2018, to 175,622 tonnes.Airport operator Fraport said that traffic for the year to date was also down, by 3.4%, to 1.74 million tonnes.The weak cargo performance contrasted with the passenger business, which was up 1% ...
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Cathay Group's cargo volumes droop in October
Cathay Pacific and Cathay Dragon carried 183,119 tonnes of cargo and mail in October, a drop of 4.9% compared to the same month in 2018.In its latest monthly figures, Cathay Pacific Group said that cargo and mail load factor fell by 2.4 percentage points to 68.0%.Capacity, measured in available freight ...
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Céline Hourcade looks to the horizon
When Céline Hourcade announced in June that she was leaving IATA Cargo after 11 years at the forefront of airfreight innovation, there were two unanswered questions: why and what next?Hourcade, who originally joined IATA on the passenger side and was part of the successful e-ticketing team, acknowledges that it was ...
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WorldACD: Special cargo bucking the trend
Analysis from WorldACD indicates airfreight volumes for September 2019 are similar to that of the previous six months, with a 5.4% decrease in volumes and a 6.1% direct ton km (DKT) decrease.However, special cargo is playing an ever-more important part in differentiating airfreight markets as demand in general remains weak.Over ...
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FedEx Express broadens international options
FedEx Express has added 14 new Asia Pacific origin markets to its International First service to the US and Canada, bringing the total to 25 Asia Pacific origin markets.“Asia Pacific remains an engine of the global economy, powering the growth of global trade,” said Karen Reddington, president, Asia Pacific at ...
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News‘Hot ice’ discovered at Sydney airfreight depot
A handout photo made available by New South Wales Police on 31 October 2019 shows bottles of sriracha chilli sauce containing methylamphetamine that were seized in Sydney, Australia. A joint investigation led to the arrest of four men over the importation of 400kg of methylamphetamine concealed in the bottles.The Australian ...
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NewsDSV Panalpina transaction ‘all-important’
Denmark-headquartered multimodal forwarder DSV Panalpina Group has highlighted the role of DSV’s acquisition of Panalpina in its third-quarter results.Jens Bjørn Andersen, group chief executive, said: “The closing of the Panalpina transaction on 19 August was the all-important event in Q3. We have had a good start to the integration and ...
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News
American Airlines Cargo's digital drive gathers momentum with iCargo roll out
American Airlines Cargo (AA Cargo) began rolling out a new end-to-end cargo management system on October 1.Powered by the iCargo platform and implemented in partnership with IBS Software, the new tool will replace most of AA Cargo’s legacy technology, reducing the number of systems from 90 to ten. It will ...
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ACI World notes ‘downward pressure’
According to data compiled and analysed by Airports Council International (ACI) World, the global airfreight market continued to decline in August, as volumes fell by 5% compared with the same month of 2018.Global trade and economic challenges contributed to the tenth consecutive months of negative growth, whether in terms of ...
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FedEx and ParcelHero: ‘Brexmas’ crisis averted…
With Brexit having been delayed – again – shippers and supply chains operating between the UK and Europe are expressing relief at the avoidance of a no-deal crash-out in the run-up to Christmas.Air Cargo Netherlands (the Dutch air freight industry association) commented: “The last few weeks have been turbulent with ...
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NewsDrewry: airfreight rates continue to decline
Drewry’s East West Airfreight Price Index climbed 8.36% between August and September to reach a reading of 90.8 – but airfreight rates fell 6% compared to the same month last year, to average $2.67 per kilo.This contrasted with Drewry Sea & Air Shipper Insight’s prediction that rates would increase in ...
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NewsPeople, profit, planet: cool chain sustainability
Nicola Caristo, director general, Cool Chain Association and Stavros Evangelakakis, chairman, Cool Chain Association, will host sessions in Los AngelesThe Cool Chain Association (CCA) is to hold its third Americas Conference, Sustainability Matters, in Los Angeles on 18-20 November.The event will bring together members of the entire supply chain, including ...
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News
IAG Cargo announces Q3 decline
IAG Cargo saw its third-quarter revenues slide by 9% compared to the July–September period of last year, to €269mn ($300mn).Tonnage dropped by 5.7%, yield by 4.2%, FTKs by 4.9% – and capacity was cut by 0.1% year on year.Lynne Embleton, IAG Cargo chief executive, said: “Revenue for the quarter reflected ...
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News
Cathay carries contender cars
Cathay Pacific Cargo’s Amsterdam team has flown three cars from the Netherlands to the 31st Bridgestone World Solar Challenge.The race across Australia from Darwin to Adelaide, which this year took place on 13-20 October, features solar-powered vehicles driven by more than 45 teams from around the world – including three ...
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Cathay Pacific expects positive peak
Following the release of its September traffic figures earlier this month, which showed a slight improvement on August, Cathay Pacific has hailed a ‘positive start’ to the peak season.Tracey Ma, who took up the post of cargo sales manager Hong Kong at Cathay during the summer, observed: “The major challenge ...
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NewsRock-It invests in Triple M
Philippe Marecaux, managing director of Triple MRock-it Cargo, a specialist provider of global logistics services to shippers of equipment for live events, has made what it calls a “significant incremental investment” in Triple M Entertainment Logistics.Triple M’s business focuses on four categories of shipping activity – live entertainment, stage, performing ...
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NewsDSV Canada to employ DDC drone at Milton HQ
Drone Delivery Canada (DDC) has entered into a commercial agreement with DSV Air & Sea Canada to deploy DDC’s drone delivery platform with the Canadian arm of the global transport and logistics company DSV Panalpina.Initial deployment will be at DSV Air & Sea Canada’s new head office and warehouse in ...
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NewsUPS looks back on successful third-quarter
As reported yesterday by Air Cargo News, UPS enjoyed a very successful third quarter.Chairman and chief executive David Abney talked of “strong performance in a dynamic environment”.Consolidated revenue grew by 5% year on year and operating profit grew by more than 20%.Total volumes across all products grew by more than ...
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NewsHIA reveals plans for further development
Doha’s Hamad International Airport (HIA) has revealed plans for a second stage of expansion that will include the development of a new cargo terminal that will increase the gateway’s freight handling capacity to an estimated 3.2 million tons a year.The state-of-the-art cargo terminal is expected to be ready for use ...
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NewsCargolux renews IOSA certification
Boeing 747 freighter operator Cargolux Airlines International has passed its seventh IATA Operational Safety Audit (IOSA) audit.The IOSA programme assesses the operational management and control systems of an airline. As a member of IATA, Cargolux is required to pass an initial IOSA audit and then subsequent renewal audits every two ...