All Asia articles – Page 31
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NewsAsia Pacific airlines' cargo volumes under pressure in September
The latest figures from the Association of Asia Pacific Airlines (AAPA) show that cargo volumes remained under pressure in September.According to the association, its members saw cargo volumes decline by 6.5% year on year in September - roughly in line with performance for the rest of the year.Andrew Herdman, AAPA ...
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NewsQantas to trial weekly Cairns–Hong Kong freighter service
Qantas is adding a call at Cairns on its Sunday freighter service from Sydney to Hong Kong for a six month trial.The Boeing 767F service, due to start in November subject to regulatory approval, is aimed at exporters of fresh seafood and agricultural products in the Cairns region, offering them ...
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NewsCathay Pacific releases combined traffic figures for September 2019
Cathay Pacific Group has announced that tonnage carried and load factor for the year to date are “significantly below” the same period last year, despite small signs of improvement compared to August.In the first nine months of 2019, tonnage fell by 6.8% against an 0.7% increase in capacity. The traffic ...
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NewsGaruda to continue freighter fleet expansion
Garuda Indonesia B737-800BCFGaruda Indonesia and GECAS have entered into a lease agreement for two B737-800 Boeing-converted freighters (BCF).The passenger-converted aircraft are slated to be phased in mid-2020 and will provide additional capacity to Cargo Garuda Indonesia, which currently utilises a fleet of three freighter aircraft.GECAS said that B737-800 freighters are ...
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Hyderabad Airport launches "first of its kind" cargo charter programme
GMR Hyderabad Airport Cargo has launched a "first of its kind" cargo charter programme that offers enhanced services for its members as it continues to target the market.The airport's Hyderabad Cargo Charter Circle (HC3) platform will provide additional free cargo storage time; single point of contact for all aspects related ...
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NewsDHL Express to invest €131m in Incheon hub expansion
DHL Gateway Incheon expansion projectDHL Express will invest €131m in expanding its hub at Incheon International Airport to meet expected growth in online sales in the Asia Pacific region.The investment will see DHL expand its Incheon Gateway facility to a gross floor area of 58,700 sq m from the current ...
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NewsEnvirotainer adds Hyderabad to its container logistics network
Envirotainer, a cool chain solutions provider for airfreight, has set up a network station in Hyderabad, India, to support the release and return of its RKN e1 and RAP e2 containers.The RAP e2 and the RKN e1 are FAA and EASA certified, temperature-controlled air cargo ULD’s that can be carried ...
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Cathay Pacific's B747-400BCF ends operations
Cathay Pacific's B747-400BCF (B-HUS) has made its last revenue flight ahead of its planned retirement at the end of November.The Hong Kong-based carrier said the move was linked to the modernisation of the Cathay Pacific fleet.The airline added that its freighter fleet will remain at its current size of 20 ...
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NewsEuropa's Hong Kong branch receives Freight Forwarder Network membership
www.wildsmith.photographyEuropa Air & Sea's Hong Kong branch has announced that it has become a member of the Freight Forwarder Network.Freight Forwarder Network is a non-profit organisation that only allows two members to represent each country (with the exemption of larger countries such as China and the US).Members make up a ...
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NewsCaspian Air Cargo Summit: Hong Kong cargo management leading by example
At the Caspian Air Cargo Summit, Wilson Kwong, chief executive of HACTL (Hong Kong Air Cargo Terminals) shed light on how the world’s busiest cargo hub is striving to lead by example.Kwong explained that HACTL is investing to improve its facilities and operations in order to prepare for anticipated growth ...
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Newsva-Q-tec signs up with Chinese partner
va-Q-tec is expanding its services in AsiaTemperature-controlled shipping container specialist va-Q-tec has formed a partnership with Worldwide Logistics Group to open a TempChain Service Center in Shanghai. The move is part of its strategic plan for expansion in Asia and follows the formation of subsidiaries in Japan, South Korea and ...
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Shanghai airfreight rates improve as cargo switches from Hong Kong
The price of air cargo out of Shanghai airport has begun to improve over recent weeks as cargo volumes have shifted from Hong Kong to the Chinese hub.The latest figures from Tac Index show that prices from Shanghai to Europe last week increased by 4.7% compared with a week ago ...
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ECS Group expands Australasia presence with Wexco acquisition
Australia and New Zealand-based Wexco (not to be confused with Wexco Cargo GSSA) has been acquired by the ECS Group as it looks to expand its presence in the region."Through this acquisition, ECS Group is developing its presence all around the world and has reaffirmed its leadership position," ECS said."The ...
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ACL gears up for Caspian Air Cargo Summit 2019
ACL Airshop has continued to add to its product portfolio as it builds towards next week’s Caspian Air Cargo Summit 2019 (October 7-9) in Baku, Azerbaijan, an event at which Air Cargo News will be present.A Platinum Sponsor of the event, ACL Airshop offers air cargo ULD leasing, servicing, manufacturing, ...
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NewsSingapore's Changi sees cargo volumes fall 8% in August
Singapore Changi Airport saw airfreight throughput fall 8% year on year in August to 169,000 tonnes, the eighth successive month of decline in airfreight tonnages this year at the key Asian hub.These latest figures confirm a weakening of demand in Asia.Only this week Asia Pacific airlines saw air cargo demand ...
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UPU rates vote still leaves issue of under-reporting of duties by Chinese retailers
President Trump’s success in winning higher rates for e-commerce packages entering the US postal delivery system still leaves open courier industry concerns about Chinese retailers using postal services to under-report duties.UK courier company ParcelHero welcomed the vote by the member countries of the Universal Postal Union (UPU) to approve a ...
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Forwarders predict a slower peak season for 2019
Freight forwarders are not expecting to face the same cargo capacity shortages as they experienced on major trades in 2017 and 2018.Flexport’s global head of airfreight Neel Jones Shah said that in Greater China and Hong Kong, the peak season would be less pronounced that the last couple of years ...
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SpiceJet cargo arm set for IPO
SpiceJet is planning to launch an initial public offering for of its SpiceXpress cargo air, according to a Bloomberg report.The India-based airline's chairman Ajay Singh said in an interview with the newswire that the B737 operator could be listed on a stock exchange within 12 months.Singh pointed out that India ...
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NewsAsia Pacific airfreight demand down 6.4% in August
Asia Pacific airlines saw air cargo demand in freight tonne km (FTK) fall 6.4% year-on-year in August against a backdrop of “diminishing business confidence levels and significant declines in international trade volumes”.The Association of Asia Pacific Airlines’ (AAPA) latest monthly report indicated “subdued demand conditions,” in August with businesses “remaining ...
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NewsNippon Express takes 22% stake in Indian logistics specialist Future Supply Chain Solutions
Japanese logistics giant Nippon Express will acquire a 22% stake in India’s Future Supply Chain Solutions (FSC), with the two companies planning to explore business opportunities in India’s fast growing 3PL and express logistics sectors.Nippon Express said in a statement that an important part of its “core strategy” is to ...