All articles by Damian Brett – Page 101
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InsightsLogistics UK: War in Ukraine poses airfreight challenges
Access to both Ukrainian and Russian airspace is now minimal to non-existent for many countries across the globe due to the ongoing war in Ukraine.As a result, many flights are diverting south, but with some airspaces in the Middle East restricted or closed, airlines are limited in their options.Diverted routes ...
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InsightsSpecial Report: Air cargo handling on the up
After a challenging couple of years, ground handlers are looking to the future with cargo set to play a central role, writes Mike Bryant.Barry Nassberg, group chief commercial officer at WFS, the world’s biggest cargo handler by volume handled, declares: “I would say the past two years for all stakeholders ...
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InsightsBelugas make a splash as they hit the air cargo market
Airbus Beluga Transport enters the commercial market at a time when outsize capacity is at its tightest, with demand surging and the availability of the global AN-124 fleet curtailed, writes David Kershaw, editor of Air Cargo News' sister title Heavy Lift and Project Forwarding International.Based on the A300-600 design, the ...
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Insights
Supply chain spotlight: Ukraine crisis adds to heavylift constraints
In his latest Air Cargo News column, Brandon Fried, executive director of the US Airforwarders Association, looks at how the Ukraine crisis will impact the air cargo industry.The Ukraine crisis continues to upend the lives of 44m citizens, bringing unspeakable horror as the rest of the free world looks on ...
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Sponsored ContentSponsored: Cargolux’s long standing expertise in handling your outsized shipments
Handling big and bulky shipments requires the proper infrastructure and know-how. With more than 50 years of experience in this field, bulky and outsized cargo have become part of Cargolux’s day-to-day business and we will always strive to make the impossible possible.To ensure a fast and safe delivery, airlines need ...
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Sponsored ContentSponsored: SBD International Airport - The Fast Track to Air Cargo Growth
Air cargo activity at SBD International Airport continued its rapid ascent for a fifth straight year, fueling tremendous growth for the Airport—and its partners.Just 60 miles east of Los Angeles and centered adjacent to major transportation corridors, SBD International Airport provides a fast track to the estimated 4.7 million consumers ...
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NewsChallenge Group reveals ambitious freighter fleet growth plans
The Challenge Group, which includes two freighter airlines, cargo handling and logistics businesses, is aiming to triple the size of its fleet over the next five years as it builds on a busy start to the decade.Challenge Group chief executive Yossi Shoukroun tells Air Cargo News that much has changed ...
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News
Bolloré agrees €5.7bn deal to sell African logistics business
The Bolloré Group has agreed to sell its African logistics business to container shipping giant MSC in a deal with an enterprise value of €5.7bn.The two companies entered discussions over the sale in December and, following the favourable opinions issued by each of the employee representative bodies, the two companies ...
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News
Conversions to cool in second half of the decade
Freighter conversions are expected to cool in the second half of the decade after nearly doubling in the last few years.In a LinkedIn post, Mike Stengel, senior associate at AeroDynamic Advisory, said that in the 1990s the average number of conversions each year was 57, in the 2000s this increased ...
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NewsLATAM receives second B767 converted freighter
Source: LATAM CargoLATAM Cargo has received the second of 10 B767 converted freighters ordered as part of plans to expand its cargo business.The latest addition (CC-CXE) increased the group's freighter fleet to 13 aircraft with another eight due to be delivered by the end of 2023.The 13-year-old Boeing converted freighter ...
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NewsFedEx teams up with Elroy Air on US drone network
Source: FedExFedEx Express has partnered with drone firm Elroy Air to develop the first end-to-end autonomous vertical take-off and landing (VTOL) aerial cargo system.The tie up will see FedEx Express test Elroy Air’s Chaparral autonomous air cargo system within the company’s middle-mile logistics operations in the US, moving shipments between ...
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NewsMixed outcome for airlines in battle against air cargo cartel fines
Source: ShutterstockThere was mixed outcome for airlines in their battle against air cargo cartel fines issued by the European Commission.On March 30, the European Union (EU) General Court dismissed the actions brought by Martinair Holland, KLM, Cargolux Airlines, Air France-KLM, Air France, Lufthansa, Singapore Airlines and Singapore Airlines Cargo and ...
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News
Menzies and NAS finalise £571m takeover deal
Menzies will recommend to shareholders a takeover offer from Agility subsidiary National Aviation Services (NAS) that values the company at £571m.The two companies today announced they reached agreement on the terms of a recommended cash offer to acquire 100% of the ordinary shares in Menzies at a price of £6.08 ...
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NewsNew chief executive for FedEx as founder Smith takes new role
FedEx Corp will gain a new chief executive in June when Raj Subramaniam steps up to take over from company founder Fred Smith.Effective June 1, current chairman and chief executive Fred Smith will become executive chairman. Meanwhile, current president and chief operating officer Raj Subramaniam will be promoted to president ...
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NewsDHL adds extra freighters through Cargojet tie up
DHL B777. Source: DHL ExpressDHL Express has entered into a long-term agreement with freighter operator Cargojet that could potentially see the express firm acquire shares in the freighter company.The five-year deal, with options for an extra two years, will see Cargojet provide an extra five B767 freighters in addition to ...
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News
Qatar Cargo teams up with CargoWise on e-bookings
Software firm WiseTech Global's freight forwarder users will be able to book space on Qatar Airways Cargo flights after the two announced a new e-booking partnership.The eBooking connection between WiseTech’s CargoWise platform and Qatar Airways Cargo management system, CROAMIS, enables freight forwarders using CargoWise to choose their flight and confirm ...
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News
Rates decline in March despite Ukraine crisis and Covid restrictions
Airfreight rates on major east-west trade lanes declined in March despite the impact of the Ukraine crisis on airfreight and supply chain disruption in Asia caused by Covid.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that in March rates on services from Hong Kong to North America ...
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News
Air Canada Cargo adds capacity to booking portal WebCargo
Air Canada Cargo is expanding its e-booking presence by placing its capacity on online platform WebCargo.The move will allow the airline's freight forwarder customers to view real-time pricing and make bookings on its aircraft.Air Canada capacity will begin to appear on the platform in the next few weeks, the carrier ...
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NewsPlatform tackles new house air waybill requirement at Frankfurt
Photo: Fraport GroupForwarders and handlers have reported faster processing for import consolidations following the implementation of a new platform at Frankfurt Airport that aims to tackle new house air waybill requirements.The new FRA-OS import platform from Dakosy, which tracks shipments electronically on the airport premises, was put in place following ...
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NewsAGI invests in tech and space to mitigate Chicago cargo congestion
Photo: Alliance Ground InternationalUS ground handler Alliance Ground International (AGI) has invested $100,000 in a new cargo control centre system that will help overcome congestion at Chicago O'Hare and has also expanded capacity.AGI recently added what it calls an Operations Control Centre (OCC) to its Chicago operation. The OCC brings ...