All articles by Damian Brett – Page 175
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News
Forwarders' air divisions predicted to be hit hardest by Covid-19
The freight forwarding market could contract by more than 7% this year as a result of the coronavirus outbreak, according to a worst case scenario projection from consultant Transport Intelligence (Ti).A white paper published by Ti also predicted that the air cargo part of forwarders' businesses could take the hardest ...
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Bolloré Logistics expands Nordic presence
Bolloré Logistics has expanded its presence in the Nordics with the acquisition of a majority stake in the Swedish company Global Freight Solutions (G Solutions) and its Finnish affiliate.The forwarder said the acquisition was a strategic move to complement the Nordic regional network having previously established a structure in Norway, ...
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Emirates SkyCargo: coronavirus outbreak the biggest challenge faced by air cargo
The current coronavirus outbreak is the biggest crisis ever faced by the air cargo industry, according to Nabil Sultan, divisional senior vice president of Emirates SkyCargo.Speaking to Air Cargo News, Sultan said the outbreak had been more of challenge than all the previous crisis, such as the Icelandic volcano eruption, ...
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NewsFigures highlight extent of air cargo's move to freighters
The latest figures from WorldACD have confirmed expectations of a near 20% decline in cargo demand in March, but have also highlighted the extent that the industry has increased its use of freighter aircraft since the coronavirus outbreak.Figures from the data provider show that the number of flights performed with ...
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Asian airlines record a 20% drop in cargo demand in March
Airlines in the Asia Pacific region saw cargo traffic decline by 21.1% year on year in March as the effects of the coronavirus began to bite.Statistics from the Association of Asia Pacific Airlines (AAPA) show that while demand dropped in March by more than 20% on a year earlier, capacity ...
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News
ULD exchange skypooling reports 'significant increase' in usage
Online ULD exchange Skypooling is experiencing a "significant increase" in inquiries.The number of offered and asked for ULDs has increased by around 40% since the beginning of the year, the company said.Christine Klemmer, general manager of Skypooling, said: "We are currently registering overstocks of ULDs in many places, but about ...
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NewsGEFCO Air and Sea to open new Amsterdam facility
SEGRO Logistics Centre SchipholLogistics firm GEFCO will open a new Amsterdam warehouse near Schiphol, in June, to support expansion in its air and sea business operations.The 7,000 sq m facility will provide storage and transport management services for customers across the high tech and home equipment; aerospace and defence; automotive; ...
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News
Virgin Atlantic to offer 90 cargo flights per week in May
Virgin Atlantic plans to operate 90 cargo flights per week in May as production begins to restart and coronavirus-related demand continues.The UK airline said that the move would cater for prime freight markets in the US, Hong Kong and China, India, Israel and South Africa.Virgin Atlantic said that it had ...
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TIACA: African air cargo sector faces capacity shortage
TIACA has raised its concern that the air cargo sector in Africa could be hit with a capacity shortage on European operations.The organisation, quoting figures from CLIVE Data Services, said that there had been a 70% drop in cargo capacity to Europe compared with a year earlier.TIACA said it is ...
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News
SkyCell set to expand in the US and Asia following investment
Pharma container firm SkyCell has raised $62m in growth funding round that will be used to expand its presence in Asia and the US.The investment was led by MVM Partners together with a consortium of family offices and a leading Swiss insurance company.Existing investors including the Swiss Entrepreneurs Fund managed ...
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NewsCorporate jet firm adds cargo services
Corporate jet charter firm KlasJet has added cargo services to its portfolio by collaborating with cargo airline BlueBird Nordic.KlasJet will utilise BlueBird Nordic's recently acquired Boeing 737-300 (LY-MRN) to carry out cargo services.KlasJet’s cargo services will include transportation of the majority of items, including automotive parts, furniture, electronics and kinds ...
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News
Caribbean Airlines launches cargo charter operation
Caribbean Airlines has introduced cargo charter services to support supply chains within the Caribbean region.The airline said it had launched the operation to meet the growing demand for cargo uplift to a number of Caribbean islands, which are now experiencing significantly reduced cargo capacity with the closure of borders to ...
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News
Air cargo rates from Hong Kong surge
Airfreight rates out of China continued to climb last week, while prices from Hong Kong were also on the up as shippers looked to tranship through the world's largest air cargo hub.The latest figures from TAC Index show that last week average air cargo rates from Shanghai to North America ...
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NewsWorld's largest aircraft transports 10m face masks to Germany
AN-225 brings PPE to Leipzig/HalleThe world’s largest aircraft — the An-225 (Mriya) — has carried out a flight for Germany's armed forces carrying more than 10m face masks to Germany as part of the country's coronavirus relief efforts.The six engine aircraft landed at Leipzig/Halle Airport on Monday morning, from China, ...
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NewsDAKOSY goes mobile with new app
Software company DAKOSY is expanding the INFr8 air cargo portal to include a mobile application for the processing of shipment data.Beginning in May, customers will be able to use the so-called INFr8 app, available for Android and iOS devices, which is an extension of the original platform which was developed ...
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NewsK+N airfreight volumes slide in Q1 as Covid-19 takes its toll
Kuehne+Nagel (K+N) saw its airfreight volumes, revenues and operating profits decline in the first quarter of the year as the coronavirus outbreak took its toll on performance.The Switzerland-headquartered freight forwarder's airfreight business saw first-quarter revenues fall 6.8% to SFr1.1bn. Meanwhile, earnings before interest and tax (ebit) was down 5.8% to ...
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NewsChapman Freeborn and Avion team up on A320 and A321 freight flights
Avion Express and Chapman Freeborn team up on cargo flightsCharter broker Chapman Freeborn has been utilising the A320 and A321 aircraft of sister company Avion Express to meet demand for the transport of medical supplies.The two companies have worked together and received all the required approvals to operate cargo-only flights ...
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News
CSafe Global expands in Asia Pacific
Temperature controlled container firm CSafe Global has been expanding its team in Asia Pacific in order to cater for growth in the region.The newest additions to the team include Ram Nair and Kuwahara Fuminari. Nair brings 17 years’ experience in life science lab research, sales and marketing and was most ...
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CargoLogicAir confirms plans to restart flights today
Stansted-based freighter operator CargoLogicAir (CLA) will restart flights later today following the lifting of its Air Operator Certificate suspension yesterday.A CLA spokesperson told Air Cargo News that it would initially fly from China to the UK to carry supplies of Personal Protective Equipment (PPE) but it would be able to ...
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NewsOnAsset carries out Bluetooth tracking tech test
Tracking technology provider OnAsset Intelligence has carried out tests that it says prove that Bluetooth Low Energy 5 (Bluetooth LE) is viable for large-scale industrial use cases.The test saw OnAsset's Bluetooth LE gateway read 12,000 Sentinel Bluetooth 5 tags in a single room in under 60 seconds.OnAsset said that true ...