All articles by Damian Brett – Page 164
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News
Better than expected results for UPS in Q2
US parcels and logistics giant UPS saw “better than expected” financial results in 2020’s second quarter as consolidated average daily volume surged to a record 20.9% growth.Second-quarter 2020 consolidated revenue increased to $20.5bn, a 13.4% increase from the same period 2019.Adjusted net income was $1.9bn, 8.8% above the same period ...
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NewsSame-day network expanded to the US for time:matters
Time-critical logistics firm time:matters has expanded its same-day network to the US.The Lufthansa-group company said that it is now offering a total of 89 stations for the domestic transport of time-critical shipments to major economic centers in the US.The company is able to offer the service on 45,000 flights per ...
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News
Boeing confirms the end of its iconic B747
Boeing has confirmed that its Boeing 747 programme will come to end in 2022, bringing to an end the popular freighter model.The airframer said that it would continue to manufacturer the iconic aircraft at a rate of 0.5 per month until 2022, when the final aircraft will be built.Boeing had ...
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NewsDHL adds new life sciences facility in the US
DHL Global Forwarding has opened a new $1.6m facility in Indianapolis in the US as it continues to target the life sciences market.The building offers bonded services and three temperature controlled chambers: 15-25 degrees Celsius storage and handling, 2-8 degrees Celsius storage and handling and -20 degrees Celsius storage and ...
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News
BIFA welcomes latest round of customs declaration funding
Customs intermediaries based in the UK can apply for £50m of new funding to help expand declaration capacity ahead of the ending of the Brexit transition period.At the end of the year, the UK's transition period for leaving the European Union will come to end, meaning customs formalities and controls ...
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NewsTop 25 cargo airlines 2019: FedEx retains the top spot as Qatar climbs
FedEx was last year the world's busiest cargo airline despite volumes remaining flat on a year earlier, while Qatar moved into second place and UPS was up to third, according to IATA's World Air Transport Statistics (WATS) report. (See end of report for full chart).Last year was a tough 12 ...
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NewsNew MD revealed for CargoLogic Germany
Dierk Näther is set to return to CargoLogic Germany as the all-cargo carrier's new managing director.Air Cargo News sister title DVZ reports that Näther will take over the management of the Leipzig/Halle Airport-based freighter operator on August 1, succeeding Johannes Jähn, who surprisingly resigned his position earlier this week.Näther is ...
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NewsGebrüder Weiss swoops on Ipsen Logistics' units
Caption: At the signing of the contract in Bremen (from left): Hans-Christian Specht and Eduard Dubbers-Albrecht (both Managing Directors at Ipsen Logistics) with Lothar Thoma (Managing Director Air & Sea at Gebrüder Weiss) and Wolfram Senger-Weiss (Chairman of the Management Board of Gebrüder Weiss). (Source: Ipsen Logistics / Bettina Conradi)Gebrüder ...
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News
FedEx pilots call for Hong Kong flights to be suspended
FedEx pilots have called on the express company to suspend services to Hong Kong as a result of "unacceptable risks" related to the Covid-19 outbreak.The Air Line Pilots Association, Int’l (ALPA) has passed a resolution calling on their company to suspend operations in Hong Kong after pilots were forced into ...
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News
Air cargo declines narrow in June as market remains 'exceptionally challenging'
Airfreight traffic declines showed some signs of improving in June but business remains "exceptionally challenging", according to the latest IATA market wrap-up.The airline association's latest data shows that air cargo demand in cargo tonne km (CTK) terms declined by 17.6% year on year in June, which is a "modest" improvement ...
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NewsAsia Pacific air cargo demand shrinks in June
Air cargo carriers based in the Asia Pacific region saw cargo demand drop by double-digit percentage levels in June, but load factors increased.Figures from the Association of Asia Pacific Airlines (AAPA) show that air cargo demand, in freight tonne kilometre (FTK) terms, was 20.3% lower year on year in June, ...
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News
Airfreight rates to the US continue to pick up
Airfreight rates out of major Asian origins to North America showed signs of increasing last week as demand shows signs of picking up.Figures from data provider TAC Index show that average airfreight rates from Shanghai to North America last week increased by 9.7% compared with a week earlier to $5.10 ...
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News
MasAir expands with B767 freighter lease
MasAir has taken delivery of an ATSG-owned B767-300 converted freighter as it looks to expand its ACMI services.The Mexican freighter firm will dry lease the aircraft from ATSG subsidiary Cargo Aircraft Management (CAM) as part of a five-year deal.Luis Sierra, chief executive of MasAir, said: “We are truly excited to ...
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NewsDigital cargo bookings increase at Air France KLM
Gertjan RoelandsAir France KLM Martin Air Cargo (AFKLMP) has noted an increase in the use of its digital booking services since the outbreak of the coronavirus.The cargo airline group said that in June its online sales percentage reached 60% for the first time. In the US, its online sales percentage ...
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News
MD of CargoLogic Germany set to vacate top job
The German cargo airline CargoLogic Germany has to look for a new managing director, according to Air Cargo News sister title DVZ.Johannes Jähn will step down from his post at the end of the month, DVZ learned from people familiar with the matter.Jähn has been managing the German freighter airline ...
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NewsMeador joins ODW Logistics
Gary MeadorODW Logistics has appointed Gary Meador as its chief operating officer.Meador comes to ODW from UPS Supply Chain Solutions where he held several key leadership positions, most recently he was vice president operations, Latin America region, global logistics.“Gary’s diverse experience in operations, continuous improvement, and project management will support ...
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News
Silk Way West signs five-year ULD deal with ACL Airshop
Silk Way West Airlines has confirmed a five-year ULD agreement extension with provider ACL Airshop.ACL Airshop has been a service partner with other airline units of Silk Way Holding for more than 10 years.The two companies are working on introducing Bluetooth technology to the airline's ULDs for the real-time tracking ...
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NewsDHL expands FTZ presence with new Texas site
DHL Global Forwarding has expanded its foreign trade zone (FTZ) presence in the US with a new site at the El Paso, Texas, airport.FTZs are secure areas under US customs and border protection supervision that are generally considered outside of the US for customs purposes. FTZs are used for loading, ...
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News
Record quarterly cargo volumes at Anchorage
Ted Stevens Anchorage International Airport (ANC) handled record volumes of cargo in the second quarter of the year as a result of the loss of transpacific passenger flights.The airport handled 900,000 tons of cargo through the second quarter of the year — a year-on-year increase of 14.5% and ahead of ...
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NewsUnited Cargo ships food aid flight to Guam
United Cargo has helped move 190,000 pounds of fresh produce to Guam for the US Department of Agriculture's Coronavirus Farm Assistance Program.The airline worked with food-logistics specialist Commodity Forwarders Inc. (CFI) to transport the produce from Los Angeles (LAX) to Guam (GUM) on United's new cargo-only flight – a route ...