All articles by Damian Brett – Page 74
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NewsFedEx adds new sorting tech at Stansted
Source: FedEx ExpressFedEx Express Europe has implemented new package sorting technology at its Stansted Airport facility in the UK to help meet rising demand.FedEx said the new automated scanning and sorting technology "speeds up the flow of exports through the site’s operations".Around 80% of shipments bound for international markets are ...
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NewsA new freighter arrives for Icelandair Cargo
Source: IcelandairIcelandair Cargo has taken delivery of its latest freighter as it continues to expand its airfreight operation.The carrier received its first B767-300 converted freighter last week, which will fly alongside its existing two B757-200Fs.The aircraft (TF-ISH) is named "Grimsey" and is one of two being converted by ST Engineering.The ...
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DB Schenker to build Oslo Airport airfreight facility
DB Schenker will develop a new airfreight facility at Oslo Airport as imports into Norway continue to grow.The forwarder signed a deal with airport operator Avinor to develop the 4,000 sq m facility last week.Avinor freight manager Martin Langaas said the new building comes as imports into the country via ...
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News
American Airlines' new head of cargo outlines key priorities
It’s been six weeks since Greg Schwendinger took up the role of president of American Airlines Cargo when Air Cargo News spoke to him for the first time and so far, it’s been a “fantastic experience”.Schwendinger is an American Airlines veteran having joined the airline straight out of graduate school ...
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News
Cargo handler FCS switches to renewables
Frankfurt Cargo Services’ (FCS) operation in Germany has switched entirely to renewable energy as part of parent company Worldwide Flight Services’ (WFS) sustainability programme.The cargo handler is buying green energy from supplier Energy Air which bases production on 100% renewable energy and sources from plants where 50% are less than ...
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Dachser announces key air and sea management changes
Freight forwarder Dachser has appointed Tobias Burger as its new chief operating officer for air and sea logistics (ASL) to replace Edoardo Podestà, along with two other changes.Burger joined Dachser in 2009 initially working in strategy development before being given responsibility for corporate governance.Since 2019, he has been deputy director ...
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NewsForwarders stick with short-term deals as air cargo volumes fall
Freight forwarders are continuing to opt for short-term airfreight deals as volumes and rates continue to decline.The latest statistics from Xeneta-owned CLIVE Data Services show that in November air cargo volumes declined 8% year on year and were down 2% on October, while the dynamic load factor - based on ...
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Cargo.one aims to create differentiation in online booking
The air cargo booking portals that have emerged over the last few years initially competed on the number of airlines they were able to offer.But as airlines continue to roll out their capacity across the various platforms, that differentiation continues to narrow.Moritz Claussen founder and co-chief executive of the cargo.one ...
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NewsIATA predicts 4% drop in air cargo volumes next year
Air cargo traffic is predicted to drop by a further 4% next year, while yields and revenues are also expected to weaken compared with this year's levels.Speaking at the IATA Global Media Day, the airline association's head of policy analysis Andrew Matters revealed its predictions for next year.He said that ...
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Forwarder Flightwatch to add Brussels branch
Ostend-based freight forwarder Flightwatch will open a new office at Brussels Airport next year as it looks to be "in the middle of the action".The company, which specialises in the transport of live animals and special cargo, said the new office would be situated close to airline offices and handling ...
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NewsIATA: Airlines to return to profit next year but cargo under pressure
Airline association IATA is expecting airlines to return to profit next year after three years of losses due to the outbreak of Covid but cargo volumes, yields and profits are set to decline.IATA said that in 2023 it expects airlines to post a "small" net profit of $4.7bn, which equates ...
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Booking platform WebCargo adds China Southern capacity
China Southern Air Logistics will become the first Chinese carrier to offer China import bookings on the WebCargo platform.WebCargo said that China Southern would gain access to the platform's 3,500 freight forwarder users, while the forwarders would be able to see live rates and make bookings on services into China. ...
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NewsEtihad Cargo restarts China-India freighter flights to meet industrial demand
Source: Etihad CargoEtihad Cargo is restarting freighter flights between China and India as it targets industrial and manufacturing volumes.The new service will operate twice per week between Shanghai and Chennai and supports India's "booming market, which has witnessed an increase in manufacturing and industrial production post-pandemic."The first flight will take ...
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NewsAmerijet eyes further freighter fleet expansion
Fast-growing freighter operator Amerijet has its eyes on further expansion and hopes to double the size of its fleet in the coming five years.The airline has experienced rapid growth in recent months as its fleet has grown from eight aircraft at the start of 2020 to operating 22 today – ...
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InsightsAirblox aims to create an air cargo futures market
Airblox launched in the air cargo market in 2022 with the aim of creating an electronic exchange for block space agreements.Speaking to Air Cargo News at the Air Cargo Forum event in Miami, the company’s founder Edip Pektas, whose career in air cargo started with an investment in handler MIC ...
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Insights
Logistics UK: Heathrow Airport - the sky is the limit
Since 2021 there has been a drop in freight movements across all modes due to the cost-of-living crisis, post-pandemic supply chain issues, the conflict in Ukraine and an increase in fuel prices.Overall, consumer activity is down and compared to last year, retail sales have fallen 6.9%.Aviation especially saw a decline ...
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NewsK-Mile Asia to provide freighter flights for SF
Source: ASL AviationBangkok-based K-Mile Asia will provide charter flights between Thailand and China on behalf of express giant SF Express.The carrier said that starting in mid-November it would operate two flights per week between Shenzhen Bao'an (SZX) from Bangkok Suvarnabhumi (BKK) using a dedicated B737-400 freighter.K-Mile’s managing director, Pansith Sasunee, ...
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Avianca Cargo adds three service levels
Avianca Cargo has launched three service levels based on the speed of service required.The Latin American carrier's three new service levels are named Priority, Standard and Standby.Priority guarantees the shipments are transported on booked flights, which the carrier said is ideal for urgent shipments.Standard will provide a balance between urgency ...
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SATS secures funding plan for WFS takeover
Aviation services company SATS has finalised its funding plan for the proposed acquisition of cargo handler Worldwide Flight Services (WFS).The funding plan for the total acquisition cost of S$1.8bn is a mix of term loan and renounceable underwritten rights issue, with the remaining amount financed by internal cash balance.The loan ...
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Air cargo rates continue to decline in November
Air cargo pricing on some of the world's major trade lanes continued to decline in November, bucking usual seasonal trends.The latest statistics from the Baltic Exchange Airfreight Index (BAI) show that spot and contract rates paid by forwarders on services from Hong Kong to North America slipped to an average ...