All articles by Damian Brett – Page 15
-
News
United goes with Neste for SAF at O’Hare
Finland-based sustainable fuels supplier Neste is to provide up to 1m gallons (3,000 metric tons) of Neste MY Sustainable Aviation Fuel (SAF) to United Airlines for use at Chicago O’Hare International Airport in the period up to the end of this year.United is the first airline to purchase SAF for ...
-
News
CMA CGM completes sale of Bolloré Logistics’ operations in French Overseas Territories
The CMA CGM Group has completed the sale of 100% of subsidiary Bolloré Logistics’ activities in Guadeloupe, Martinique, Saint-Martin, French Guiana, and Polynesia to the Balguerie Group.The Marseille-headquartered shipping giant was required to sell operations in the French Overseas Territories by the European Commission and the Polynesian Competition Authority as ...
-
NewsBoeing names Kelly Ortberg as new president and chief executive
Kelly Ortberg. Source: BoeingBoeing’s board of directors has elected Robert K (Kelly) Ortberg as the company's new president and chief executive.The move will becomes effective on August 8.Ortberg will succeed Dave Calhoun, who earlier this year announced his intention to step down and leave the company. He had served as ...
-
NewsDHL air volumes up in the second quarter but profits slide
Source: DHL GroupDHL Group saw its air and ocean freight volumes rise in the second quarter of this year, contributing to a slight increase in year on year group revenue.The express and logistics giant registered a 5.3% increase in air volumes to 437,000 tons in the second quarter, while its ...
-
NewsHamad International cargo on the up
Doha’s Hamad International Airport cargo traffic, as measured in tonnages, rose by 12% in the first six months of this year compared to the first half of 2023.It handled a total of 1.25m tonnes of cargo over the January – June period. In June, Hamad International handled 213,873 tonnes of ...
-
NewsAirfreight rates remain stable despite July global IT outage
The latest data from airfreight price reporting agency (PRA) TAC Index show that global air cargo rates only edged up last week (in the week ending July 29).That news came as a surprise, given the massive global IT outage of 18 July.The overall Baltic Air Freight Index (BAI00) calculated by ...
-
News
Mixed cargo revenue performance for US carriers in Q2
US carriers reported rising cargo volumes in the second quarter of the year but there was a mixed performance on the revenue front.In terms of volumes, American Airlines led the way as its cargo tonne miles (CTM) for the period increased by 20.6% year on year to 515m.However, the increase ...
-
News
AAPA reports strong growth in Asia Pacific airfreight
Preliminary June 2024 traffic figures released by the Association of Asia Pacific Airlines (AAPA) show that there was strong demand for international air cargo capacity in the region in June.Overall, Asia Pacific airlines recorded a 16.4% year-on-year increase in international air cargo demand – as measured in freight tonne kilometres ...
-
NewsCSafe introduces reusable Silverpod pallet
Source: CSafeCSafe, a provider of a range of thermal shipping solutions for the pharmaceutical cold chain, has launched a new model of its Silverpod pallet shipper that is designed to help users save on disposal costs and improve environmental sustainability.The Silverpod MAX RE, based on CSafe’s single-use Silverpod MAX passive ...
-
NewsIATA data highlights continued strong demand for air cargo
The International Air Transport Association's (IATA) latest data shows that global air cargo markets are continuing to boom.June’s figures have contributed to what IATA has described as “an exceptional first half-year performance for air cargo”, with airfreight volumes exceeding those of last year, of 2022, and even of record-breaking 2021 ...
-
NewsK+N uses SAF to minimise Mercedes-Benz carbon footprint
Jörg Burzer (L) and Heiko Schuhmacher (R) Source: Kuehne+NagelSupply chain services provider Kuehne+Nagel (K+N) has pointed to its use of sustainable aviation fuel (SAF) in supporting Mercedes-Benz’s logistics chains into the US for over a year as helping the Germany-headquartered automotive manufacturer to lessen its CO2 emissions by approximately 11,000 ...
-
News
ATSG subsidiary delivers B767-300 freighter to Georgian Airways
Air Transport Services Group, Inc’s (ATSG) leasing subsidiary Cargo Aircraft Management (CAM) has delivered a Boeing 767-300 freighter aircraft to Georgian Airways.Georgian Airways offers scheduled, charter and regular flights across Europe, the Baltic region, the Caucasus, the Black Sea Region, the Middle East, eastern and southern Asia.The 767-300 is a ...
-
News
Leipzig/Halle Airport operator renegotiates deal with DHL
Leipzig/Halle Airport airport operator Mitteldeutsche Flughafen AG (MFAG) has reached an agreement on the extension of its contract with DHL which will see the express carrier pay higher landing fees at its largest hub, people familiar with the matter told Air Cargo News sister title DVZ.MFAG told DVZ that it ...
-
News
SIA and IBS Software collaborate on shipment record solution
Singapore Airlines (SIA) and India-based IBS Software have announced a milestone in their quest to jointly develop a shipment record solution.The hope is to advance towards IATA’s ONE Record standards through the digitisation of shipment records and usage of technology.The two companies have announced that – working in conjunction with ...
-
NewsQatar Cargo to refocus freighter network strategy to drive profitability
Qatar Cargo will make its freighter network more responsive to market conditions as part of efforts to increase profitability - with changes to its Americas network coming in September.Speaking to Air Cargo News, Qatar Airways chief cargo officer Mark Drusch said the carrier was looking to adjust its freighter network ...
-
NewsAir France KLM Martinair pulls cargo capacity from Latam to focus on Asia
Air France KLM Martinair Cargo (AFKLMP) is pulling freighter capacity out of the Latin American market to increase its focus on the rapidly growing market out of Asia.The carrier today announced that Martinair would launch a new Boeing 747-400 freighter service between Amsterdam Schiphol and Hong Kong via Dubai offering ...
-
News
Logistics UK welcomes funding for green aviation projects
The UK government will make more than £100m in funding available for five research and development projects that aim to reduce the environmental impact of aviation.The Department for Business and Trade said the funding would be delivered through Aerospace Technology Institute Programme to help pioneer groundbreaking new tech, including zero ...
-
NewsLATAM Cargo expands Miami-São José dos Campos cargo capacity
Source LATAM Cargo Source: LATAM Cargo LATAM Cargo is expanding capacity on its freighter flights from Miami to São José dos Campos in response to rising volumes of electronic equipment. The carrier will add an extra weekly flight to its twice-weekly service between the two locations, with ...
-
NewsIT issue continued to weigh on AF KLM Cargo results in Q2
Air France KLM Martinair Cargo (AFKLMP) recorded a decline in revenues in the second quarter of the year but is looking to build its presence in Asia to capitalise on growth in the market.The Franco-Dutch carrier group registered a 10% year-on-year decline in cargo revenues to €546m, while cargo tonnes ...
-
News
Kuehne+Nagel eases back on cost cutting programme
Kuehne+Nagel has scaled back its cost-cutting programme as it responds to changing market conditions.The forwarder had originally estimated annual restructuring cost savings net of inflation of around CHF200m, but this has now been reduced to around CHF100m.Speaking on a conference call following its half-year results announcement, the forwarder's chief financial ...