All articles by Damian Brett – Page 50
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NewsMajor Hong Kong trades see airfreight rates stabilise in August
Major trades out of Hong Kong and Frankfurt saw airfreight rates stabilise in August after months of declines [see dashboard at end of article].The latest figures from the Baltic Exchange Airfreight Index (BAI) show that average prices paid by forwarders - both contract and spot - on services from Hong ...
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Avianca Cargo nets fourth CEIV certification
Avianca Cargo has achieved IATA Live Animals certification to add to its existing three CEIV accreditations.The carrier said that by achieving CEIV Live Animals - in addition to Fresh, Phrama and Lithium Batteries - it had become the first airline in the Americas to achieve all four of the certifications.Leonel ...
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Aviation groups hit out as Dutch government pushes ahead with Schiphol flight cuts
IATA, the European Regions Airline Association (ERAA) and Airports Council International (ACI) Europe have all hit out the Dutch government's decision to cap flight numbers at Amsterdam Schiphol Airport.The government last week announced that it would implement plans to cut flight numbers at the airport from 500,000 per year to ...
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NewsSeafrigo and PML highlight benefits of recent takeover
L-R Jason Spencer-Knox and Mike Parr. Source: Seafrigo PMLSeafrigo's recent takeover of UK-based PML will allow the former to expand its UK presence while the latter will benefit from a larger network.Bringing PML into the Seafrigo fold "brings us one step closer to realising our ambition to become the fastest ...
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NewsDHL Global Forwarding announces leadership changes in Asia Pacific
L-R Karsten Michaelis, Edwin Pinto, Praveen Gregory. Source: DHL Global Forwarding via Media OutreachDHL Global Forwarding has announced three leadership changes in Asia Pacific with the upcoming retirement of Kelvin Leung and Charles Kauffman.Karsten Michaelis takes over from Charles Kauffman as president/representative director, DHL Global Forwarding, Japan.Edwin Pinto has been ...
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Freighter airline Raindo United Services gains AOC
Indonesia-based freighter operator Raindo United Services has gained its air operator certificate (AOC) and is hoping to launch operations in the coming months.The airline said this week that it had been awarded the AOC by the directorate general of civil aviation and the director of airworthiness and aircraft operation of ...
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UK moves to a phased approach for export declaration switchover
UK customs has announced it will now adopt a phased approach to the rollout of its new system for export customs declaration.The new phased approach means that selected high-volume exporters will move from the existing system, CHIEF, to the new Customs Declaration Service (CDS) by November 30.However, all other businesses ...
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Ascent Global Logistics acquired by investment firm
Time-critical logistics firm Ascent Global Logistics has been acquired by an investment firm hoping to capitalise on increasingly complex supply chains.The Michigan-headquartered firm has been bought by an affiliate of investment firm HIG Capital from Elliott Investment Management.Ascent’s management team will remain shareholders in the company and Elliott has also ...
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NewsEtihad Cargo positive on China as it rolls out additional flights
Etihad Cargo has been ramping up its focus on the China market over recent months.In the last few weeks, the carrier has added new weekly Boeing 777 freighter services to the recently opened cargo specialist Ezhou Airport in China’s Hubei province and a new service to Guangzhou.In total, the carrier ...
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Rhenus urges UK exporters to prepare for new customs system
Freight forwarder Rhenus has warned UK exporters to prepare for the switchover to a new customs declaration system in the coming months to avoid delays to shipments.On November 30, the UK will switch from the existing CHIEF system to the new Customs Declaration Service (CDS) for exports.The switchover for imports ...
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Germany's USC prepares for launch as operator certificate granted
Germany-based airline Universal Sky Carrier, which has plans to launch freighter services, has been granted an operating license by the country's civil aviation authority.Air Cargo News' sister magazine FlightGlobal reports that the carrier will initially operate with a single Airbus A340-300 – MSN646 – which is being brought out of ...
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NewsEuropa Air & Sea expands into India
Source: Europa Air & SeaFreight forwarder Europa Air & Sea has opened an office in Delhi as it expands into the Indian subcontinent for the first time.The new office is led by general manager Nathan Lynn, as well as five others, including sales manager Sumit Pruthi, and is in the ...
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AEI celebrates 600 freighter conversions
Conversion firm Aeronautical Engineers, Inc. (AEI) is celebrating its 600th aircraft conversion.The aircraft tied to the milestone is a Boeing 737-800 owned by GA Telesis (MSN 28235).The 600th freighter conversion was modified by Commercial Jet Inc, which is AEI's longest-serving modification partner, at its Miami facility.AEI has been designing, developing, ...
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NewsEtihad Cargo continues to ramp up China capacity
Source: Etihad CargoEtihad Cargo has continued to expand freighter capacity out of China with flights to Guangzhou.The carrier has added a weekly Boeing 777 freighter service into Guangzhou in response to "increased demand for cargo capacity for China".Last week, the carrier added a weekly freighter flight to cargo specialist Ezhou ...
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Freightos sees transactions increase but a slight fall in revenues
Online booking and rate portal Freightos - owners of WebCargo - reported a loss in the second quarter of the year as revenues narrowed slightly.The digital software company saw its second quarter revenues decline 1.2% year on year to $5.1m, its operating loss worsened by 0.7% to $5.9m and its ...
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Hong Kong International cargo volumes continue to recover
Hong Kong International Airport saw its cargo volumes continue to grow in July as it registered a year-on-year improvement for the second month in a row.The airport saw its cargo volumes increase by 3.8% year on year in July to 361,000 tonnes.The increase follows on from an improvement in June, ...
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NewsBudapest Airport completes cargo apron extension
Work has been completed on an extension to the apron at Budapest Airport's Cargo City as it looks to cater for growing cargo demand.The project, which is part of its BUD Cargo City development, cost around €10m and will double the dedicated cargo apron.It will enable the airport to handle ...
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Lufthansa Cargo outlines projects to meet future airfreight requirements
Lufthansa Cargo has outlined some of the projects it is implementing to tackle three of the major developments that are shaping the future of air cargo.The freighter operator said that developing to meet the requirements of sustainability, digitalisation and e-commerce are some of the main challenges facing the industry today.The ...
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DHL Global Forwarding calls for more SAF with shipper demand rising
DHL Global Forwarding has called for a "substantial" increase in Sustainable Aviation Fuel (SAF) production as it reports rising demand for sustainable solutions from customers.The freight forwarder said a growing number of customer tenders and discussions included greenhouse gas transparency.Customers are also willing to explore the use of sustainable solutions ...
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NewsCanadian North to expand Ottawa cargo facility
Source: Canadian NorthArctic airline Canadian North will double the size of its cargo facility in Ottawa to meet demand growth.The carrier and the government will each commit $11m to expand the facility in response to the "rapidly growing needs of our remote and northern communities".Construction is set to begin soon ...