All articles by Damian Brett – Page 126
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News
ATSG to add first A330s as demand for mid-sized freighters soars
ATSG has secured conversion slots for A330 freighters as it continues to expand its mid-sized freighter options.While announcing its second-quarter results, the lessor said that it had secured 20 conversion slots for A330 freighters.Until now, the company has operated with a fleet of Boeing freighters. However, the company recently announced ...
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News
New ICAO SecGen urges states to lift flight restriction for air cargo
Air cargo will play an increasingly important role in the world's recovery from the Covid-19 pandemic and member states should temporarily lift restrictions for air cargo operators, according to Juan Carlos Salazar who took up the role of ICAO secretary general earlier this week.In a webinar on the future of ...
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News
Lufthansa Cargo optimistic for the future after positive Q2
Lufthansa's cargo business recorded improvements in revenues, profits and volumes in the second quarter as it benefited from higher rates.The airline group's logistics segment, which includes Lufthansa Cargo, time:matters, Jettainer and an equity investment in AeroLogic, saw second-quarter revenues increase by 13% on last year to €766m, while earnings before ...
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News
Preighters unlikely to offset rising air cargo demand
The use of passenger aircraft in an all-cargo configuration is unlikely to offset rising air cargo demand for the peak season.Writing in the Baltic Exchange monthly market summary, Bruce Chan, vice president of global logistics at investment bank Stifel said that issues in ocean shipping, high ocean prices and ongoing ...
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NewsDB Schenker aims to help start-ups through new business unit
Patric Hoffmann. Source/Credit: DB SchenkerDB Schenker has launched a new division that aims to drive innovation in the sector through partnerships with entrepreneurs and startups.Schenker Ventures will support founders and start-ups with capital, industry expertise, and assets and also partner with venture builder MVP Factory to develop a "venture studio".DB ...
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News
ACI World launches guide to developing cargo at airports
Airports Council International (ACI) has published a guide on how airports can use cargo to develop an alternative revenue stream.ACI said the Developing Cargo at Airports guide, which was produced in collaboration with Netherlands Airport Consultants (NACO) and InterVISTAS, said that as airports come out of the pandemic and look ...
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News
Cathay Pacific caters for garment sector with Pittsburgh flights
Cathay Pacific Cargo has restarted operations to Pittsburgh International Airport (PIT) with twice-weekly pax-cargo flights.The Hong Kong-hubbed carrier re-launched flights on August 2 utilising Boeing 777-300ER passenger planes converted for cargo.The carrier plans to continue serving the US airport through to the end of the year. Cargo onboard the aircraft ...
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NewsATC notes successful first year of B747F charter flights
Source: Air One AviationGSSA Air One Aviation has generated more than 145,000 tonnes of cargo in the first year of its deal with freighter carrier AeroTransCargo (ATC).The sales agent said that ATC expanded from ACMI operations to offering its own charter flights at the start of August 2020 and since ...
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News
New China-based cargo carrier linked to JD.com prepares for launch
A new China-based cargo airline with links to e-commerce firm JD.com has gained preliminary approval to begin flights.Reports suggest that Jiangsu Jingdong Cargo Airlines will be 75% owned by Suqian Jindong Zhanrui Enterprise Management, which is in turn controlled by JD.com founder Richard Liu.The airline, which received approval from the ...
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News
DHL's airfreight volumes take off in Q2
DHL Global Forwarding saw its airfreight volumes improve by double-digit percentage levels in the second quarter on the back of tight capacity and improved demand.The Deutsche Post (DP) DHL-owned forwarder reported a 9% year-on-year increase in second quarter airfreight revenues to €2bn on the back of a 35.7% improvement in ...
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NewsTop 25 cargo airlines: Freighter operators to the fore
FedEx, UPS and Qatar were last year the largest air cargo carriers once again, but there were major winners and losers in the overall top 25 airlines as the Covid pandemic took its toll on the market (see full at end of article).According to IATA’s latest World Air Transport Statistics ...
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Insights
Scan Global Logistics targets a top 15 spot in air cargo
Scan Global Logistics (SGL) has revealed ambitious plans to become one of the world’s top 15 airfreight forwarders over the next five years.The Copenhagen-headquartered forwarder’s global chief operating officer for sea and airfreight, Mads Drejer, said SGL is currently in the top 40 air forwarders with volumes of around 100,000 ...
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News
UK's CHIEF customs declaration system to end in 2023
The UK's HM Revenue and Customs (HMRC) will close the Customs Handling of Import and Export Freight (CHIEF) system that handles declarations in 2023.The UK began using the new Customs Declaration Service (CDS) that will replace CHIEF in 2018 but the final cutoff date was last year pushed back due ...
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NewsGeodis set for expansion at Auckland Airport
Source: GeodisFreight forwarder Geodis will move to a new facility at Auckland Airport in New Zealand in response to growth in the market.The company said that the new 5,700 sq m facility will feature temperature-controlled areas to facilitate the optimal storage of pharmaceutical products at 15-25 degrees Celsius as well ...
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NewsDHL Express makes historic investment in all-electric freighters
Source: DHL ExpressDHL Express has ordered 12 fully electric freighter aircraft as it looks to create an electric express network and make a "pioneering step into a sustainable aviation future".The aircraft are Alice eCargo aircraft from Seattle-based manufacturer Eviation and will have a capacity of 1.2 tonnes and a range ...
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News
Hospitality firm Levy drops airfreight in green push
Hospitality firm Levy UK & Ireland has dropped the use of airfreight in its supply chain as it looks reduce its environmental impact and focus on more local produce.The company, which designs menus for high profile venues in the UK such as Tottenham Hotspur Stadium, The O2 arena and the ...
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NewsCargo industry welcomes new ICAO secretary general
Juan Carlos Salazar, ICAO. Source ICAOThe freight industry has welcomed the new secretary general of the International Civil Aviation Organization (ICAO) as cargo continues to grow in importance to the overall aviation industry.In a joint statement, the International Federation of Freight Forwarders Associations (FIATA), The International Air Cargo Association (TIACA), ...
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News
DB Schenker sees airfreight bounce back
DB Schenker saw its airfreight business bounce back in the first half of the year as its volumes increased by more than 40% thanks in part to an expanded charter network.The Deutsche Bahn-owned forwarder saw its first-half airfreight volumes increase by 43.8% year on year to 712,100 tonnes led by ...
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NewsWorldACD: Cargo volumes return to 2019 levels in first half
Cargo volumes were back at 2019 levels in the first half of the year while revenues remained far above the levels of the last two years.The latest statistics from analyst WorldACD show that cargo volumes - in chargeable weight - in the first half of the year were at the ...
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News
CEVA targets Latam perishables with Cargex takeover
CEVA Logistics has signed an agreement to purchase all shares in Colombian freight forwarder Cargex as it looks to expand in the Latam region.The Bogotá-headquartered firm has been established for more than 25 years and its primary focus is export management of perishable goods.The company has operations in Bogotá, Medellin, ...