All articles by Damian Brett – Page 185
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News
A record year for cargo at Chicago Rockford
Chicago Rockford International Airport (RFD) handled record volumes of cargo last year helped by the expansion of Amazon Air operations.The Illinois airport saw cargo volumes grow by 11% year on year in 2019 to reach just over 1m tonnes.In just five years, RFD has tripled the amount of cargo landing ...
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NewsSea-air solutions set to help alleviate coronavirus capacity crunch
Sea-air solutions could help shippers to avoid airfreight shortages and price spikes as production lines in China soon get back underway following the extended New Year holiday break.As reported, airlines have cut swathes of capacity on their China and Hong Kong services in response to a collapse in passenger demand ...
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NewsAmazon to expand presence at Leipzig/Halle Airport
Leipzig Halle Airport aerial viewE-commerce giant Amazon is expanding its operations at Leipzig/Halle Airport with the addition of a new facility at the airport.For this purpose, a cargo hall of around 20,000 sq m is to be built in the southern part of the airport site next to the existing ...
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News
FedEx takes first B767 freighter at higher production rate
Boeing has delivered the first 767-300 Freighter to FedEx Express built at the increased production rate.The manufacturer had been producing the all-cargo twinjet at a rate of 2.5 aircraft per month but has increased this to three a month this year. 767s are built at Boeing’s primary widebody production centre ...
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News
Forwarders brace for China airfreight space shortages
Freight forwarders are bracing themselves for air cargo space shortages as a result of demand spikes and capacity cuts on services out of China and Hong Kong.The widely reported capacity cuts on China and Hong Kong services comes in response to a collapse in passenger demand due to the coronavirus.Meanwhile, ...
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NewsSupply chain professionals fear a recession in 2020
A new survey shows that the majority of supply chain industry executives anticipate a recession in 2020 amid concerns about downward pressure on global trade volumes, uncertain growth prospects, and ongoing friction between the US and China.According to the latest Agility Emerging Markets Logistics Index, 64% of industry professionals surveyed ...
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News
VietJet Cargo searches for Malaysian GSA
VietJet Cargo is looking for a GSA to represent it in Kuala Lumpur as it continues to expand its cargo network.A tender has now opened and companies in Malaysia are invited to bid for the first time.The GSA will be responsible for all the commercial activities for sales, marketing and ...
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NewsDreamlifts and Antonov Airlines part ways after failing to reach agreement
Graham WittonDreamlifts will no longer act as worldwide GSA for Antonov Airlines after the companies were unable to reach an "acceptable agreement".Dreamlifts said it had been proud to represent Antonov since 2016, but "having failed to reach an acceptable agreement, Dreamlifts has, with great regret, decided not to renew its ...
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News
Logistics firm PML achieves food safety standard
Perishables logistics firm PML has achieved a rating of AA+ under the new BRC Global Standard Issue 8 for Food Safety.The Heathrow-headquartered firm said that in order to achieve the standard an in-depth audit was carried out over two days.The updated BRC Global Standard for Food Safety takes into consideration ...
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News
Beeks scoops ASM role
Agency Sector Management (ASM) has appointed Ray Beeks, operations manager of Concordia International Forwarding, to its board of directors, replacing Brian Drakeley who has retired.ASM said that Drakeley was fundamental in shaping it into the company that it is today. With more than 20 years' experience on the board, he ...
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News
BIFA adds another Young Forwarder Network group
The British International Freight Association (BIFA) has added another regional group to the Young Forwarder Network (YFN) that it launched less than one year ago.The Northern Ireland regional group was launched at a meeting at the Belfast Harbour Commissioners offices, joining regional groups that have already been established in Anglia, ...
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News
Etihad Cargo expands digital booking options with WebCargo partnership
Etihad Cargo has expanded its digital booking reach by joining the WebCargo platform.WebCargo said that by joining its booking portal, the Abu Dhabi-hubbed airline had extended its reach to more than 1,700 logistics providers and freight forwarders.The WebCargo platform will provide instant Etihad Cargo booking schedules, promotional rates and eBooking, ...
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NewsNew VPs at Air Menzies International
Tony Utting (L) and Tibor FodelmesiAir Menzies International (AMI) has named Tibor Fodelmesi as vice president Americas and Tony Utting as vice president of Europe, Middle East & Indian Sub-Continent.Fodelmesi's career spans 25 years, with posts held at several freight forwarders, including Seko Airfreight, MSAS Cargo International, DHL and most ...
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News
Reports re-emerge suggesting Swissport is up for sale
Reports have re-emerged suggesting that cargo handler Swissport is up for sale.Reuters reports that the handler's owner, China-based conglomerate HNA, is looking to offload Swissport at a discount in order to raise cash and cut debts.It is suggested that buyout firms Apollo Global Management and Cerberus, and asset manage Brookfield ...
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NewsDSV Panalpina registers improved airfreight volumes but margins in focus
DSV saw airfreight revenues and volumes improve last year thanks to its acquisition of Panalpina in August, but margins came under pressure.In 2019, the combined DSV Panalpina Group saw total revenues increase 19.8% year on year to DKr94.7bn, earnings before interest and tax (ebit) improved by 22.1% to Dkr6.6bn but ...
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NewsEarly Chinese New Year takes a toll on January's cargo figures
The early Chinese New Year helped pull down cargo volumes and load factors in January, according to CLIVE Data Services.The analyst said that in the four weeks to February 2, cargo volumes declined by 4% year on year, while the dynamic load factor slipped by two percentage points compared with ...
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News
Toll services continue to be affected by cyber attack
Freight forwarder Toll is continuing efforts to recover from a recent cyber attach, but some services remain affected.The Japan Post-owned company said that its current focus is on restoring the relevant underlying infrastructure and fully-automated systems.It is also conducting a thorough review of the affected IT hardware including servers, systems ...
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Air cargo still assessing the impact of coronavirus
The impact of the coronavirus on the air cargo industry is still uncertain, with demand under pressure but some expectations of an eventual surge in volumes.The coronavirus has now killed more than 560 in China, while there have been more than 28,000 confirmed cases.Many of China’s provinces have extended the ...
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News
AirBridgeCargo cancels China cargo connections due to coronavirus
Russian cargo airline Airbridgecargo (ABC) is the first pure all cargo carrier to cut all scheduled connections from Europe to China due to the epidemic triggered by the coronavirus, according to Air Cargo News sister title DVZ.So far only combi carriers have refrained from flights to and from China.According to ...
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NewsTurkish Cargo appoints new senior vice president of sales
Turkish Cargo has appointed Cor P de Man as senior vice president of cargo sales.De Man started his career at the Royal Nedlloyd Group in 1986 and went on to hold senior positions at KPMG, UTI Worldwide, DSV and Broekman Logistics.He lives in the Netherlands and will hold offices in ...