All articles by Damian Brett – Page 40
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NewsK+N buys Canadian customs broker
© 2023 Kuehne+Nagel. All rights reserved.Kuehne+Nagel (K+N) has purchased Canadian customs broker Farrow as it responds to "increasingly complex international trade regulations".Farrow employs 830 people at 41 locations across Canada and the US and in 2022 the firm managed more than 1.5m customs entries.Explaining the logic behind buying the firm, ...
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Rates continue to rise in November despite muted demand
Airfreight rates on major east-west trade lanes continued to pick up in November as weather conditions, e-commerce demand and capacity constraints helped push up prices (see dashboard at end of article).The latest figures from the Baltic Exchange Airfreight Index (BAI) – taking into account both spot and contract rates – ...
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NewsSwissport launches cargo operations in Australia
Source: SwissportGround handler Swissport has launched cargo operations in Australia as it looks to grow operations in the Asia Pacific region.The new cargo operation is located at Sydney Airport and follows the acquisition of Australia-based Aerocare back in 2018.Swissport's first customers in the country are VietJet and Batik Air, which ...
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Reports: Cathay still considering future freighter options
Cathay Pacific is now considering ordering the Airbus A350 freighter instead of the Boeing 777-8 freighter, according to Reuters.Quoting industry sources, the newswire said the Hong Kong-headquartered airline had switched from favouring the 777-8F to the new Airbus freighter.The sources said the airline was considering an initial order for six ...
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NewsMenzies secures CEIV pharma at Schiphol facility
Source: Menzies AviationGround handler Menzies Aviation has been awarded the IATA CEIV Pharma accreditation for its cargo facility at Amsterdam Airport Schiphol (AMS).The certification is awarded to companies in the air cargo supply chain that demonstrate compliance with standards set by IATA for the handling of pharma products.Prior to being ...
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NewsMaersk Air Cargo to trial new UK-China route
Source: Cargo FirstMaersk Air Cargo will launch a new trial service between the UK and China to help meet peak season demand.The airline will operate the weekly service between Bournemouth Airport and Hangzhou Xiaoshan International Airport (HGH) in Zhejiang province utilising a Boeing 767-300 freighter with a capacity of around ...
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NewsAir cargo's rollercoaster ride set to end in 2024?
The air cargo rollercoaster ride of the last few years is looking like it could end in 2024 with "classic seasonality" set to return, although there could still be some bumps along the way.In its market outlook for 2024, data provider Xeneta predicts that air cargo volumes will rise by ...
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NewsWFS to sublease space in Cainiao's Liege hub
Source: WFS/Saudia CargoHandler Worldwide Flight Services (WFS) will sublease an area in Cainiao's Liege Airport station as the two companies, along with carrier Saudia Cargo, look to speed up e-commerce shipment processing.The three companies today announced that Saudia would extend its handling contract with WFS on flights connecting Liege and ...
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Aviation targets 5% reduction in carbon emissions by 2030
International Civil Aviation Organization (ICAO) member countries have agreed to target a reduction in CO2 emissions generated by aviation by 5% compared to current fossil fuels by 2030.The target includes a "collective vision" for green energy transition, harmonised regulatory foundations, supporting implementation initiatives, and improved access to financing for related ...
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ECS Group swoops on Ireland-based IAM
ECS Group said it has acquired GSSA International Airline Marketing (IAM) to expand its market share in Ireland to 30%.IAM was founded in Dublin, in 1989, by Sean McCool, father of current managing director, Ian McCool and currently serves more than 15 airlines.Its main office is in Stoneybatter, around 15 ...
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NewsBrussels Airport reveals tenants as work starts on new cargo zone
Source: Brussels Airport. Copyright: Archipeligo-CordeelBrussels Airport has confirmed which five companies will occupy its new cargo zone, with work on the site now underway.The Belgian airport said that the Brucargo Central site had now been cleared of old buildings and work on roads and construction was underway, with the first ...
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Forward Air-Omni Logistics takeover dispute continues
The ongoing legal battle between Forward Air and Omni Logistics over a takeover deal struck between the firms in August has continued in recent weeks.The most recent development in the ongoing dispute is that Forward Air has filed a counterclaim against Omni's lawsuit, which aims to enforce the merger between ...
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NewsAdditional A340 converted freighter added to UK-China service
Source: Cargo FirstEuropean Cargo has added an extra aircraft to its service between Bournemouth Airport and Chengdu Shuangliu International Airport with more capacity set to be added next year.The carrier first launched the service in May operating three times per week with a single converted A340 freighter with a capacity ...
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NewsKenya Airways expands cargo capacity with additional freighters
Source: Markus Mainka/ Shutterstock.comKenya Airways is introducing a pair of Boeing 737-800 converted freighters in order to expand its cargo capacity.The flag-carrier says the freighters will contribute to its “diversification strategy” and address a “growing demand” for cargo carriage in the region.Kenya Airways currently operates a pair of older 737-300 ...
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NewsAzul Cargo expands in Vitoria with airside facility
Source: Azul CargoBrazilian airline Azul Cargo has expanded its presence at Vitória–Eurico de Aguiar Salles International Airport with a refurbished facility that aims to speed the flow of cargo transiting the airport.The e-commerce-focused airline said that the facility would provide it with airside access, which would help speed up the ...
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China Airlines looks to offload more 747 freighters
China Airlines is looking to offload five of its ageing Boeing 747 freighters next year.The Taiwan-based carrier has mandated AMS Aircraft Services (‘AMS’) to sell, via a Request For Proposal (‘RFP’) process, the five 747-400 freighters.The aircraft, all CF6-powered, were manufactured between 2001 and 2003 and are available for delivery ...
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NewsWork underway for Lufthansa Cargo's new Frankfurt warehouse
Source: Lufthansa Cargo. Copyright: Daniel Kummer PhotographyLufthansa Cargo is continuing work to redevelop its Frankfurt hub with a new warehouse system as part of its LCCevolution project.Work started in August and includes the construction of a new high-bay warehouse that will feature an automated transport system and new building modules ...
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NewsBIFA creates new sustainability policy group
Source: BIFAUK freight forwarder group BIFA has created a new sustainable logistics policy group to help support members on environmental and sustainability issues.The new group will be managed by Mike Jones, who is the organisation's policy advisor for sustainability & environment.The organisation said that it had for a number of ...
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Booking portal Freightos sees Q3 revenues rise but losses deepen
Freightos continued to record improvements in both revenues and the number of transactions made on its booking portals in the third quarter but losses deepened.The company, which includes airfreight booking portal WebCargo, saw its revenues increase by 8.9% year on year to $5.1m in the third quarter of the year ...
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Indonesia's all-cargo market continues to grow with BBN addition
Recently-launched BBN Airlines Indonesia has added a third freighter to its fleet as the country's all-cargo market continues to expand.The Avia Solutions Group-owned ACMI carrier this week announced the arrival of one Boeing 737-400SF to join its existing fleet of two 737-800Fs.At the same time as announcing the freighter arrival, ...