All articles by Damian Brett – Page 46
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News
EASA cancels stricter fatigue regime for EFW A321 freighters
Europe’s safety regulator has cancelled a directive tightening time limits to check Airbus A321 converted freighters for potential fatigue cracks in the centre wing-box area.The September 12 directive had emerged after stress and load calculations for A321 freighters were performed by conversion specialist EFW.These calculations had been prompted by an ...
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Freighter carrier 7 Air aims for 2024 launch
New US freighter airline 7 Air is planning to launch regional cargo services in the first quarter of next year.The carrier will launch operations in February next year using a single next-generation Boeing 737 freighter.The airline has plans to add three more 737 aircraft within the first year of operations.However, ...
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World Courier partners with Swiss WorldCargo on SAF
Logistics firm World Courier will purchase Sustainable Aviation Fuel (SAF) from Swiss WorldCargo - in a deal that is the largest SAF purchase made through the airline so far.In total, the company has purchased enough SAF to support the movement of 2,000 shipments from London to Switzerland, which will result ...
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NewsUPS swoops on time-critical logistics firm MNX
Source: UPSExpress giant UPS has today announced a deal to acquire time-critical logistics firm MNX Global Logistics as it looks to ramp up its healthcare capabilities.Long Beach-headquartered MNX provides services covering next flight out (NFO), air charter, on-demand courier, managed transportation, service parts logistics (SPL) and specialty freight.Its clients include ...
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NewsQatar Cargo hopes to benefit from additional China flights
Source: Qatar Airways CargoQatar Airways Cargo is hoping to capitalise on extra bellyhold capacity to two new destinations in China.The airline's passenger business has started flying three-times-per week to Chengdu (TFU) and Chongqing (CKG) with its Airbus A330-300 aircraft.Both Chongqing and Chengdu stations will primarily operate as export-oriented markets, jointly ...
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NewsAir-ocean price difference far above pre-pandemic levels
The cost difference between air and ocean is now above pre-pandemic levels as ocean rates have rapidly declined.The latest figures from consultant Drewry Supply Chain Advisors show that airfreight now costs 16.7 times more than seafreight.Before the pandemic, airfreight typically cost around 13 times more than ocean transport.During the pandemic ...
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News
DB Schenker to be sold as a complete unit and not split up
Deutsche Bahn will sell its logistics business, DB Schenker, as a complete unit rather than splitting it up into smaller units.Air Cargo News sister title DVZ reported that the Deutsche Bahn supervisory board was this week told that after months of examining various options, a complete sale was the most ...
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NewsDHL Express unveils mobile charging carts for ground support equipment
Source: DHL ExpressDHL Express has unveiled a mobile charging cart that can be used to recharge electric ground support equipment.The express firm has invested around $10m in the mobile charging technology that will be rolled out at select US airports."Mobile charging technology is a significant step forward in DHL’s commitment ...
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News
Cainiao files for IPO on the Hong Kong Stock Exchange
E-commerce giant Alibaba will list its logistics business Cainiao on the Hong Kong Stock Exchange in an IPO that could raise as much as $1bn.On Tuesday, Alibaba submitted its application to list its logistics business on the stock exchange, although the financial terms and size of the offering were not ...
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News
Nippon Cargo Airlines takeover delayed
The transfer of freighter operator Nippon Cargo Airlines (NCA) from logistics group NYK to All Nippon Airways (ANA) has been delayed until next year.In an investor note, shipping group NYK said that the transfer of shares had been moved back from October 1 to February 1 next year.Explaining the move, ...
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NewsWFS trials autonomous forklifts for cargo
Source: WFSWorldwide Flight Services (WFS) is trialling the use of Autonomous Guided Vehicle (AGV) forklifts in its cargo terminal at Barcelona Airport.The trial of Linde AGV forklift trucks will last for seven months and, if successful, will see this technology rolled out across other WFS stations in the Europe, Middle ...
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News
Ex-Etihad Cargo boss Drew scoops Atlas Air role
Ex-Etihad Cargo boss Martin Drew has been appointed as Atlas Air Worldwide chief strategy and transformation officer.Drew started in his new role this week and will lead the company’s corporate strategy, including its transformational growth initiatives.As part of this role, he will drive strategic growth and diversification across Atlas’ services, ...
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News
Another set of "exceptional" results for freighter operator Magma Aviation
Magma Aviation enjoyed another set of "exceptional results" in 2022 although it warned a deteriorating air cargo market would hit performance this year.The freighter operator reported record sales of $476.7m last year, an increase of 26% on 2021 levels, inflated by higher fuel prices.Operating profits were down 5.5% to $49.6m ...
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News
More signs of a 'firmer' air cargo market
There were further signs that the air cargo market was firming up last week after more than a year of demand declines.The latest weekly figures from data provider TAC Index show that the overall BAI airfreight rate index last week increased by 4.8% on the previous seven days.Meanwhile, the year-on-year ...
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NewsForwarders team up on elephant flight
Source: WCAworldWorld Air Logistics and Worldlink Shipping Colombo recently teamed up to transport a large Thai elephant to Thailand.The elephant was flown from Colombo in Sri Lanka to Chaing Mai in Thailand and is set to be certified by Guinness World Records as the largest elephant flown onboard an aircraft.The ...
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News
Judge backs Manston Airport airfreight hub plans
Plans to develop a cargo hub at Manston Airport in the UK have been given a boost following the dismissal of the latest attempt to block the development.A High Court judge last week dismissed campaigners' attempts to overturn a Development Consent Order (DCO) that the government granted in August 2022.The ...
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NewsSaudia Cargo focuses on pharma
Source: Saudia CargoSaudia Cargo is hoping to benefit from increasing pharma demand in the Middle East after seeing volumes in the vertical increase by double-digit percentage levels since 2019.The carrier said that it had experienced 19% annual growth in pharmaceutical shipments since 2019.Over that time, the carrier has operated around ...
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Is the air cargo market finally showing signs of improvement?
Emerging reports suggest that the air cargo market may finally be showing signs of a slight improvement after a year and a half in the doldrums.The latest market report from data provider WorldACD shows that air cargo demand last week increased by 4% on the previous seven days, which itself ...
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NewsForwarder networks IFC8 and WCAworld join forces
Serene Kam (L) and Rachel Tjong. Source: WCASingapore-based freight network IFC8 has become the latest member of logistics network WCAworld.WCAWorld said that by joining the organisation, IFC8 would have access to more than 12,000 member offices in 196 countries worldwide.It would also enjoy enhanced financial protection and fees-free cross-border payment ...
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NewsDokaSch targets India pharma market with latest appointment
James Savio. Source: DoKaSchAirfreight container firm DoKaSch Temperature Solutions has appointed James Savio as business development manager India as it looks to capitalise on a growing pharma industry in the country.The company said it had made the appointment as pharma and biotech companies are driving changes at airports where pharmaceuticals ...