All articles by Damian Brett – Page 14
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NewsSAFE Air selects NAS for the UAE and Oman
Source: NetworkSAFE Air has selected Network Airline Services to provide GSA services in the UAE and Oman.The Kenyan airline operates regular cargo services between Nairobi and Juba, in South Sudan and Mogadishu in Somalia and has recently jointly started a weekly service to Port Sudan and Djibouti.The company was formed ...
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Hong Kong Air Cargo looks to capitalise on seafood demand with Oslo flight
Hong Kong Air Cargo will add a new freighter service between Hong Kong and Oslo later this year as it looks to benefit from demand for seafood products in Asia.The new weekly service will launch on September 4 utilising one of the airline's Airbus A330-200 freighters.Oslo Airport operator Avinor said ...
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Expeditors: Buy rates put pressure on profits in erratic Q2
Expeditors saw its profits decline in the second quarter of the year despite increases in airfreight revenues and volumes.The Seattle-headquartered forwarder saw second-quarter airfreight volumes increase by 15% and air revenues improve by 14.5% to $860.3m. However, airfreight expenses rose by 22.9% compared with last year.There was a similar trend ...
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Cathay Pacific reports increases in cargo revenues and traffic in H1
Cathay Cargo saw its revenues and cargo traffic increase in the first half of the year as it benefitted from rising demand for e-commerce shipments and extra belly capacity.The cargo business saw first-half revenue increase 1.5% year on year to HK$10.9bn, while cargo traffic was up 4.6% to 4.1bn cargo ...
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NewsNew cargo airline Fly Khiva adds flights to Liege
Source: Liege Airport. Copyright: All rights reservedRecently-launched cargo airline Fly Khiva Group has added freighter flights to Liege as part of its services from Asia to Europe via its home hub of Tashkent.The new flights will be operated by the airline's single Boeing 767-300 converted freighter three times per week.The ...
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CargoAi adds quotation tool
CargoAi has added a new tool to its booking portal that allows forwarders to create real-time quotations for customers.The Shipper Quotation Module will "significantly" reduce "the back-and-forth routine between procurement and sales teams" the software firm claimed.It works by enabling forwarders to generate quotes in retail time in response to ...
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NewsLATAM Cargo to add Europe capacity following rivals' transatlantic cutbacks
Copyright: Felipe Cantillana Photo. Source: LATAM Cargo LATAM Cargo will add extra capacity to the Latin America-Europe trade lane following Qatar Airways and Air France KLM Martinair’s decision last week to remove services from the market. The South American carrier yesterday announced it would add two weekly ...
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Bangladesh air cargo market faces logjams following protests
The Bangladesh air cargo market faces delays and sky-high rates after weeks of protests against the government and deadly clashes between police and demonstrators.Reports suggest the situation in the country today appears to be easing after prime minister Sheikh Hasina yesterday resigned and fled the country.However, the air cargo market ...
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InsightsFAA gives green light to drone flights without visual observers in common airspace
In what the Federal Aviation Administration (FAA) says is a first for US aviation, it has authorised commercial drone flying without visual observers in the same Dallas-area airspace. Authorisations have been granted to Zipline International and Wing Aviation to allow them to deliver packages while keeping their drones safely separated ...
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Insights
Preserving the US de minimis threshold to foster global trade
The de minimis threshold, a key facilitator of global trade, has been instrumental in encouraging the seamless movement of goods into the US.Its increase, though perhaps unexpected, has sparked a surge in e-commerce, leading to unprecedented cargo volumes.This underscores the need to preserve the de minimis threshold and ensure adequate ...
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InterviewsChanging places
Guillaume Halleux has a unique overview of the air cargo market having worked across various sectors. Now he is applying that experience at Swissport. Last year Guillaume Halleux left his role heading up the cargo team at Qatar Airways to join ground handler Swissport as chief commercial officer. The move ...
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InsightsAutomotive: Driving air cargo success
For air cargo carriers and forwarders who handle automotive logistics alike, there is plenty of business to be done in this specialised segment of the airfreight sector, but there are also challenges to be overcome.Lufthansa Cargo, part of Germany’s national flag-carrier airline group, is one of the carriers that transports ...
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Insights
New UK government shines spotlight on aviation
The new government came into power one month ago and it is encouraging that several initiatives have already been announced to support the aviation sector.Airfreight has a critical role to play in boosting economic growth, already contributing £230m of the £185bn logistics businesses add in value to the UK economy.Recent ...
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IAG Cargo revenues improve in Q2
IAG Cargo has registered a year-on-year improvement in cargo revenues for the first time since the first quarter of 2022.The cargo business of the IAG Group saw its second-quarter cargo revenues increase by 1.1% compared with last year to €283m.Since 2022 the air cargo market has been affected by the ...
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Air cargo rate increases on major Asia trades taper off in July
Airfreight rates on key trade lanes out of Hong Kong were largely flat in July compared with June but they continue to be higher than a year ago.The latest figures from the Baltic Exchange Airfreight Index (BAI) calculated by TAC Index show that rates from Hong Kong to Europe in ...
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DSV and Dimerco warn of tight peak out of Asia despite freighter moves
DSV and Dimerco are warning of tight capacity out of Asia for the peak season despite carriers re-allocating capacity from trades with overcapacity.In a market update, Taiwan-headquartered forwarder Dimerco said it was important for customers looking to ship from China to the US and Europe to plan for the fourth ...
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Qatar Cargo adds online allotment booking
Qatar Cargo has expanded its digital offering by adding a new feature that allows forwarders to book their allotments through its online booking portal.The development means that customers using the cargo airline's Digital Lounge system will be able to directly book allotments and gain instant confirmation of their bookings.Until now, ...
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AA Cargo makes domestic network freight capacity available on cargo.one
American Airlines Cargo and cargo.one have extended their partnership to bring all of the US carrier’s domestic freight capacity to the latter’s digital air cargo booking platform.US forwarders using the cargo.one platform now have improved digital access to American’s domestic network, which spans more than 115 US destinations, being able ...
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NewsXeneta: strong demand for air cargo drives higher spot rates
The quicker than expected recovery to July’s global IT outage meant that there was no significant ongoing disruption to rates amidst ongoing strong demand for air cargo, according to the latest market analysis from Xeneta.Airfreight rates rose for a sixth consecutive month, with global average air cargo spot rates reaching ...
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NewsMenzies opts for CHAMP Cargosystems’ Traxon technology
Dirk Thorwith, CHAMP (L) and Rory Fidler, Menzies AviationSource: CHAMPGround handler Menzies Aviation has chosen CHAMP Cargosystems’ Traxon Global Customs (TGC) solution to provide a standard platform to deliver its customs fulfilment processes.TGS helps with the processing of import, export and transit controls. It will be embedded and integrated into ...