All articles by Damian Brett – Page 106
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News
Amazon targets freight forwarding with Global Logistics offering
Amazon is looking to ramp up its freight forwarding business as the e-commerce giant continues to expand its supply chain offering.Reports suggest the company is looking to grab marketshare in freight forwarding by offering low price container shipping services.German publication Handelsblatt said the low-price policy comes at a time when ...
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NAS: Menzies takeover offer 'compelling'
National Aviation Services (NAS) has hit back at John Menzies' rejection of its takeover bid, describing its offer as compelling.The Agility subsidiary today said that its offer of £5.10 per share was 76% higher than Menzies share price at the close of business of February 2 and 68% above the ...
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NewsAzul Cargo to upgrade its E195 PAX-freighters
Source: AzulAzul Cargo is upgrading its four E195 PAX-freighters with Class F cabins to expand their ability to carry cargo.Class F cabin categorisation means that the aircraft are certified to carry cargo in the cabin, in heat and fire resistant containers, with a fire detection system using thermal cameras.The first ...
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NewsEnvirotainer launches its largest Releye container
Source: EnvirotainerEnvirotainer has launched the RAP version of its Releye temperature-controlled container, with Swiss WorldCargo one of the first airlines to approve its usage.The RAP version of the Releye container is the largest model of the container and can hold five pallets, compared with the existing 2021 model's three pallets.The ...
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Menzies dismisses takeover bid
Aviation services group John Menzies has rebuffed a takeover bid from Agility subsidiary National Aviation Services (NAS) Holding.Menzies, which provides airfreight wholesale through Air Menzies International and ground handling through Menzies Aviation, said that after careful consideration it had rejected the offer of £5.10 per share.The board concluded that the ...
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News
Emirates SkyCargo adds Chicago Rockford flights
Emirates SkyCargo has started freighter flights to Chicago Rockford International Airport (RFD) as it looks to expand connectivity in North America.The Dubai-based carrier said that from February 1 it has been operating scheduled and ad-hoc flights to Chicago Rockford on a combination of Boeing 777F and Boeing 777-300ER PAX freighters.The ...
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NewsDSV reports record results on higher rates and GIL takeover
DSV reported record revenues and profits last year thanks to higher freight rates and acquistions.The Danish forwarder reported a 57.2% year-on-year increase in revenues for the year of DKr182.3bn, while earnings before interest and tax (ebit) were up 70.4% to DKr16.2bn and net profit climbed 164.3% to DKr11.2bn.Results were boosted ...
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News
Maersk swoops on Pilot to expand US forwarding presence
Shipping giant AP Moller Maersk has swooped on US forwarder Pilot Freight Services as it continues to expand its logistics presence.The transaction price is $1.7bn and the deal is expected to be completed in the second quarter of 2022. The current owners of Pilot are private equity firm ATL Partners ...
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News
DHL expands US B767 deal with ATSG
DHL Network Operations has extended and expanded its US lease deals with ATSG's Cargo Aircraft Management (CAM) and ABX Air subsidiaries.The new agreement includes six-year extensions through to April 2028 for the dry lease of five Boeing 767 freighters that CAM currently leases to DHL, and of the Crew, Maintenance ...
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News
Swissport boosted by record cargo performance
Ground handler Swissport reported a successful business year in 2021 thanks primarily to its cargo unit.The company processed 5.1m tonnes of cargo at its more than 100 air cargo facilities last year, which is an all-time high and represents a 10% increase compared with pre-pandemic 2019 levels.Meanwhile, the company's larger ...
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NewsTurkish Cargo moves freighter flights to Istanbul Airport
Source: Turkish CargoTurkish Cargo has moved its freighter operations over to Istanbul Airport to join its passenger flights after more than two years of operating with a dual-hub setup.The airport handled its first flight in 2018 and Turkish Airlines moved its passenger operations over from the existing Ataturk Airport in ...
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Newsdnata implements new cargo platform
Source: dnataGround handler dnata has implemented its OneCargo system in Iraq and will now roll the platform out globally.The company said that OneCargo "automates key business and operational functions, including safety and quality monitoring, reporting and ULD management, with an integrated, cloud-based platform".Having launched the system in Eribil in Iraq, ...
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News
DHL and Air France KLM partner on SAF
DHL Global Forwarding and Air France KLM Martinair Cargo (AFKLMP) have teamed up on the purchase of 33m litres of sustainable aviation fuel (SAF).The partners said the three-year cooperation represents one of the most "significant SAF purchases in the freight forwarding industry".DHL has committed to covering at least 30% of ...
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NewsSurvey reveals logistics sector's uncertainty over recovery
Logistics professionals are uncertain about the global economic outlook in 2022 but a majority feel air and ocean rates will begin to moderate by the end of the year.The latest Emerging Markets Logistics Index from logistics firm Agility and consultant Transport Intelligence found the supply chain sector was split over ...
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NewsNAM sees flower volumes blossom during 'Valentine rush'
B747 being loaded with flowers. Source: Network Airline ManagementNetwork Airline Management (NAM) has transported over 1,200 tons of freshly cut flowers from Nairobi to Europe to meet demand ahead of Valentine’s Day.The company operated a total of 12 B747F flights carrying the flowers, including four additional flights due to the ...
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NewsKerins scoops new global role at HAE
Peter KerinsAviation services company HAE Group has appointed Peter Kerins as vice president global GSA sales & development.The new role will see Kerins move back to Europe from the Middle East where he will take on global responsibility for the company's airline development portfolio.Kerins is currently vice president Middle East, ...
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News
Flexport secures funding as it looks to expansion
Flexport has secured $935m in funding to be used to "accelerate development of its technology platform" and expand.The freight forwarder said the money would allow it to add new locations and markets, continue building a "logistics tech ecosystem" and invest and partner with new companies in the industry.It added that ...
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NewsVolga-Dnepr utilises IL-76 for liquid oxygen equipment move
Charter airline Volga-Dnepr utilised a Il-76TD-90VD to move liquid oxygen production equipment between China and Russia.The equipment weighed more than 16 tonnes and was flown from Shanghai to Mineralnye Vody for onward transportation to Nevinnomyssk, where an liquid oxygen production facility is being built for medical use.Volga-Dnepr said it had ...
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ECS expands augmented GSA concept
ECS Group has continued to roll out its augmented GSA concept with the addition of 10 new products.The company's augmented GSA concept was announced last year and allows customers to pick and choose which services and products they would like to utilise rather than a 'one-size-fits all' solution.The concept is ...
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News
Women in Aviation and Logistics' mentor scheme launched
Women in Aviation and Logistics (WAL) has launched its mentorship scheme and has ambitions to grow the group even further.The initial mentor programme matched 27 industry leaders, including 16 women and 11 men, with aspiring female professionals.This programme runs until April, with mentors and mentees making a minimum four-hour commitment ...