Business – Page 67
-
News
China Southern to spin off cargo business
China Southern has offloaded its cargo business as part of the Chinese government's mixed ownership reforms.According to an announcement from China's National Enterprise Credit Information Publicity System, the airline's parent, China Southern Air Holding, set up a new cargo business with a registered capital of Y1bn to operate the airline's ...
-
News
Air Cargo News' Top 10 most read in 2019
With 2020 already underway, the Air Cargo News team decided that now is an ideal moment to share our most popular stories from the past 12 months. Despite 2019 being a challenging – and at times, unpredictable – year, there were significant positives, as our list below shows.So, which stories ...
-
NewsEtihad Cargo receives CEIV Fresh certification
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has been awarded IATA’s Centre of Excellence for Perishable Logistics (CEIV Fresh) by the airline trade association.It is the first Middle East airline to hold both IATA’s CEIV Fresh and CEIV Pharma certifications, and one of only two carriers around ...
-
NewsSAA signs up to Illegal Wildlife Trade module of IEnvA programme
South African Airways (SAA) has joined the fight against illegal shipping of animals by signing up to the Illegal Wildlife Trade module of the IATA Environmental Assessment (IEnvA) programme.IEnvA is a comprehensive environmental management system that SAA uses as a standard for its environmental sustainability strategy.It describes IEnvA as an ...
-
News
Retailers say US-China trade agreement a step in the right direction
The US National Retail Federation (NRF) has welcomed news that the North American country and China have agreed on phase one of a trade deal.Reports indicate that the agreement cancels tariffs that were due to come into force last week and will reduce tariffs that took effect in September.However, earlier ...
-
NewsDSV Panalpina to provide e-commerce logistics for Marimekko
DSV Panalpina has signed a partnership with Finnish fashion brand Marimekko.As part of the partnership, from 2020, Marimekko’s warehouse operations will be moved to DSV Panalpina’s new warehouse in Vantaa, Finland.The new warehouse set-up will support Marimekko sales – including wholesale, stores, local and global retail and e-commerce.DSV and Marimekko ...
-
News
IATA launches audit certification for general cargo
Air transport association IATA has launched an initiative to reduce audit complexity and duplication for cargo handling facilities, in the same way that its CEIV progamme has for specialist cargo.It is estimated 360,000 days per year are wasted on redundant cargo handling audits. A new Smart Facility Operational Capacity Audit ...
-
NewsAir Partner plc acquires Redline Worldwide
Global aviation services group Air Partner plc has acquired Redline Worldwide Ltd, a leading global aviation security solutions and training company.Established in 2006, Redline delivers government-standard security training and solutions to international airports, airlines and aviation sector related companies, critical national infrastructure, stadia and event managers, and corporates.Employing 100 people, ...
-
News
TIACA offers reduced rate to start-ups and signs deal with NAP
TIACA is introducing a separate category for small, medium and start-up companies allowing them to become full members at a reduced rate.The International Air Cargo Association will work on initiatives “with members from sectors which are new and unique but very crucial to the future of our industry. Companies in ...
-
News
IATA: Air cargo set to return to growth in 2020
Airline association IATA has predicted that the cargo sector will return to growth next year, while airlines are also expected to improve their profitability.In its annual outlook, IATA said that freight volumes are expected to increase by 2% year on year in 2020 to reach 62.4m tonnes following on from ...
-
NewsKerry Logistics wins Junzi Corporation award for business ethics
Kerry Logistics has received the Junzi Corporation Award for Business Ethics from the Hang Seng University of Hong Kong (HSUHK).The award recognises the company's practises to the highest standards of business ethics.Kerry Logistics operates "with integrity, transparency and accountability", and has committed itself to serving the community by leveraging its ...
-
News
Asia-Europe air cargo rates close in on 2018 levels in November
Airfreight rates on the Asia-Europe trade closed in on 2018 levels in November, but transpacific prices for the month still lag behind a year ago.The latest figures from TAC Index show that in November rates on services from Hong Kong to Europe declined by 3.3% year on year to $3.26 ...
-
NewsSovereign Speed enters airfreight market with Businesswings acquisition
Time-sensitive trucking firm Sovereign Speed has expanded into the airfreight market thanks to its acquisition of German Kassel-based airline Businesswings.The acquisition means that Sovereign Group is now able to offer its customers all forms of urgent transport, from direct journeys to overnight transport, via its own express network or aircraft ...
-
News
Air France KLM confirms it will no longer acquire Virgin Atlantic stake
Air France-KLM has confirmed it has scrapped plans to acquire a 31% stake Virgin Atlantic following the US Department of Transportation's (DOT) approval of an alliance the carriers plan to launch.The two carrier's plan to team up with Delta Air Lines to form an alliance on the transatlantic trade and ...
-
NewsAirfreight leaders unveil first-ever A4E Air Cargo Policy Manifesto
Yestesrday at A4E’s (Airlines for Europe) Air Cargo: Europe’s Bridge to the Global Economy event in Brussels, Europe’s leading airfreight chief executives unveiled the first ever A4E Air Cargo Policy Manifesto.The manifesto outlines ways that European Union (EU) policymakers, up to the year 2024, can support air cargo carriers as ...
-
NewsAtlanta Dachser receives IATA CEIV Pharma certification
Logistics company Dachser has achieved IATA CEIV Pharma certification for four of its locations: Frankfurt, Germany; Mumbai and Hyderabad, India; and most recently Atlanta, US.IATA CEIV-certified companies meet the global standards and demonstrate the best practices in the handling of pharmaceutical products throughout the supply chain. These standards include European ...
-
NewsIATA: Peak season off to a disappointing start
It's a slow start for peak season, but key market drivers show signs of stabilising, IATA has reported in its October airfreight market analysis report.Despite peak season being dominated by consumer-led holidays that impact the airfreight market – such as Singles Day, Black Friday, Cyber Monday and Christmas – October ...
-
NewsDHL: Globalization is evolving not declining
DHL Global Connectedness Index 2019The world continues to be highly globalised despite headwinds in geopolitics and trade.The latest DHL Global Connectedness Index, which was put together by DHL and the NYU Stern School of Business, dipped slightly in 2018 but despite this the company says the world is seeing an ...
-
News
Four more airports sign declaration against illegal animal trafficking
Four airports – Hong Kong International Airport, Munich International Airport, Sydney Airport and Toronto Pearson International Airport – have joined the fight against illegal wildlife trafficking by signing the United for Wildlife (UFW) Transport Taskforce Buckingham Palace Declaration.The illegal wildlife trade is, according to the United Nations, worth up to ...
-
News
Hong Kong carriers under pressure
Cathay Pacific and Hong Kong Airlines are both facing pressure, with the latter facing the prospect of being wound up by authorities.Earlier this week, Hong Kong's Air Transport Licensing Authority (ATLA) issued an ultimatum to Hong Kong Airlines, saying it must secure a cash injection and raise and maintain its ...