Business – Page 124
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DP DHL airfreight up 2.4% to 4m tonnes in 2014
Deutsche Post DHL’s global forwarding arm overcame a weak 2014 first half to record a full year 2.4 per cent increase in airfreight volumes to just over 4m tonnes, versus 2013.Announcing full year 2014 results, the Germany-based global post, express, freight and logistics giant said of its air cargo segment: ...
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WCS: Self service freight boosts Qantas
Qantas Freight is seeing major efficiency benefits after adopting a “self service” system for import collections, writes Martin Roebuck.Bob Labrun, head of operations, told the World Cargo Symposium (WCS) that truck drivers are able to input import collection notifications online at the carrier’s cargo terminals in under a minute, removing ...
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WCS: Shippers slam poor service
If the air cargo community was under any illusion that its efforts to speed up door-to-door delivery and eliminate paper documents are winning over shippers, it may have to think again, writes Martin Roebuck.Two major shippers tore into the industry for its poor service quality and communication in a no-holds-barred ...
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WCS: Hong Kong's CPSL tonnage set to rise
Cathay Pacific Cargo Terminal handled 1.45m tonnes of freight in 2014, its first full year of operation, accounting for 40 per cent of overall throughput at Hong Kong International Airport, writes Martin Roebuck.Kelvin Ko, chief executive of Cathay Pacific Services Ltd (CPSL), which operates the facility, expects tonnage to increase ...
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Cargolux links up with Oman Air
Oman Air has signed a Letter of Intent with Cargolux that enables the European all-cargo carrier to use the Middle East airline's facilities in Muscat, Salalah and Sohar.The agreement includes the launch, on April 15, of Cargolux full freighter services from Luxembourg to India via Oman. The formal signing of ...
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Shanghai boost for e-Freight
Shanghai, the third largest air cargo hub by tonnages, is pushing ahead on e-Freight with an agreement to phase out the need for a security check stamp on paper air waybills (AWBs).IATA and Shanghai Customs, Shanghai Entry-Exit Inspection and Quarantine Bureau, Shanghai Airport Authority, China Eastern Airlines, and Shanghai E-port ...
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WCS: Jettainer’s lightweight pallet
Jettainer is developing a lightweight pallet that weighs 70 kg, around 32 kg lighter than a traditional PMC aluminium unit.The Germany-based ULD management company says that the pallet is made of a composite material that is being applied for the first time in the aviation sector. It offers an alternative ...
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Virgin Atlantic's "year of resilience"
Virgin Atlantic Cargo reported revenues of £221m for 2014, down 1.8 per cent on prior year, with total network freight volumes virtually unchanged from 2013.The carrier said that the revenues reflected “another year of resilience in a fluctuating global air cargo market that saw yields decline for the third year ...
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WCS: IATA sets out three priorities for air cargo
IATA has called for further progress on paperless airfreight, global standards for handling pharma goods and tough action on the transport of lithium batteries.Tony Tyler, IATA’s director general and chief executive, highlighted “three vital aspects of the air cargo business” during his keynote speech at the association’s World Cargo Symposium ...
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Turkish Airlines orders four more A330-200Fs
Turkish Airlines has signed a firm order to buy four more A330-200 freighters.The carrier’s Turkish Cargo freight arm already operates five A330-200Fs, and the new order will enable it to “quickly meet the growing cargo market demand”.Temel Kotil, Turkish Airlines’ chief executive, said: “The A330-200F freighter aircraft have demonstrated outstanding ...
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IATA: overcapacity on the up, yields declining
IATA has warned that air cargo’s financial performance “remains poor and does not deliver adequate returns for investors”.The airline association’s 2015 first quarter Cargo eChartbook, while seeing continued positive demand for airfreight commodities, states that overcapacity has resulted in lower load factors and placed downward pressure on yields.Lower jet fuel ...
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Brussels' second wave of CEIV Pharma
Belgian hub Brussels Airport has launched a second pharmaceuticals certification programme for its cool chain community.BRUcargo last year became the first airport to be awarded IATA’s Center of Excellence for Independent Validators in Pharmaceutical Handling programme (CEIV Pharma).“With the launch of this second group the majority of all pharma shipments ...
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US freighter lessor ATSG sees "excellent" 2015 for air cargo
US-based freighter lessor Air Transport Services Group (ATSG) has highlighted “fundamental industry dynamics” that point toward “an excellent year for air cargo companies in 2015”.Nasdaq-quoted ATSG, the world's largest owner and operator of converted B767 freighters, reported 2014 fourth quarter adjusted pre-tax earnings up 19 per cent to $17.7mFourth quarter ...
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Overcapacity costs IAG Cargo
IAG CARGO suffered a revenue slump of nearly 12 per cent last year, in a business generally blighted by market shrinkage, over-capacity and unfavourable currency fluctuations.The merged entity of British Airways and Iberia saw cargo-tonne-kilometres [CTKs] drop by seven per cent in the period, as a big imbalance in supply ...
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United launches Control Tower for temperature control
UNITED Airlines Cargo [UAC] has launched Control Tower to run the rule over its growing temperature-sensitive shipments business.It features a highly-trained team of dedicated specialists who provide the carrier’s TempControl product customers with a single point of contact through all phases of their shipments’ lifecycle.Located at UAC’s customer contact center ...
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Bright start to year says IATA
JANUARY produced a strong rise in global airfreight growth compared to the dep-ressed state of affairs of a year before, IATA statistics reveal.Global freight-tonne-kilometers (FTKs) increased by an encouraging 4.5 per cent in the month compared to January 2013.“This is a significant acceleration on the 2.2 per cent year-on-year growth ...
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Emirates takes e-freight lead
EMIRATES Airline has stolen Cathay Pacific’s ‘e’-crown in the e-freight race, IATA figures show.It is now ranked as the carrier that operates the most eAWB shipments, according to the latest IATA top-10 league table.In other moves, Korean Air has supplanted SIA in third place, KLM has moved up to the ...
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Acrobatics with acronyms
AIR CARGO job titles used to be pleasingly uncomplicated and therefore easy to understand. Rarely did they succumb to the world of acronyms.Unfortunately, even though many aspects of this business grow infuriatingly complex by the day, some organisations are now intent on introducing further obfuscation by creating lofty-sounding positions with ...
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CHEP acquires Airworld
ULD repair specialist CHEP Aerospace Solutions has acquired Airworld Services and Airworld Containers, a unit load device maintenance organisation (MRO), with facilities at London Heathrow, London Gatwick, Manchester and East Midlands airports in the UK.The transaction increases the number of CHEP-owned MRO facilities to 29 stations worldwide.Airworld employs 86 staff ...
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Record year for Etihad
ETIHAD AIRWAYS enjoyed a record financial performance last year, with net profit up 48 per cent to US$62 million on revenues up 27 per cent to US$6.1 billion.2013 also saw earnings before interest and tax (EBIT) up 22 per cent to US$208 million and earnings before interest, tax, depreciation, amortisation ...