All articles by Damian Brett – Page 86
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News
Air cargo market remains flat ahead of upcoming peak season
The air cargo market remains flat as the industry heads towards the traditional peak season.Data provider TAC Index said that its latest figures showed that overall airfreight rates according to the Baltic Exchange Index (BAI) were last week down 0.8% compared with the prior seven days."Prices did not move much ...
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NewsAir Cargo News selected as IATA WCS principal media partner
Source: IATA FlickrAir Cargo News is delighted to have been selected as the principal media partner of IATA’s World Cargo Symposium (WCS) for the first time.The 15th edition of the key annual event in the air cargo industry takes place at the Excel Arena in London between September 27 and ...
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News
New look GSSA TAM targets growth with new offices
GSSA Tam Wing Kun Holdings has rebranded and revealed plans to open new offices and invest in digitalisation.The rebranded company will be known as TAM Group and in line with the new name has unveiled a redesigned logo and a revamped website.The company will also open new offices."Opening later in ...
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News
New cargo terminal opens for business at Zhengzhou Xinzheng International
A new cargo terminal at Zhengzhou Xinzheng International Airport has begun to receive shipments as it prepares for full opening.Freight forwarder Dimerco Express said that it had worked with Cathay Pacific on its first flight for the new Zhengzhou North Cargo Terminal at the Henan Province hub.The 160,000 sq m ...
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NewsChallenge Airlines BE to double freighter fleet
Source: Challenge Airlines BEChallenge Airlines BE plans to double its fleet of aircraft by the end of 2023.The airline, which received its AOC from Belgian authorities in 2019, currently operates with a fleet of two aircraft - one B747-400BCF (OO-ACE), and a B747-400ERF (OO-ACF).However, two more B747Fs are set to ...
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NewsLate July stabilisation in air cargo demand fades in August
A partial recovery in air cargo volumes in the second half of July faded in August as Asia outbound demand began to weaken.Statistics from data provider WorldACD show that in the two weeks ending August 14, worldwide cargo volumes in chargeable weight decreased by 5% compared with the final two ...
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NewsBolloré Logistics USA appoints new chief executive
Marc Sawaya. Source: Bollore LogisticsBolloré Logistics USA has appointed Marc Sawaya as its new chief executive as the firm looks to build on "positive growth".Sawaya will report to Bolloré Logistics chief executive for the Americas Yves Laforgue and has more than 20 years of experience in supply chain management, including ...
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News
How air passenger traffic impacts cargo capacity
The airfreight industry experienced record high rates in the spring of 2020. Around 45% of airfreight is transported in the belly of passenger planes, but with passenger traffic down, about 75% of airfreight capacity was removed from the market.The world is returning to the skies, but the effects of the ...
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NewsNew carrier Norse Atlantic selects Jettainer for ULD management
Source: JettainerRecently-launched Norse Atlantic Airways has selected Jettainer to provide ULD management services.Jettainer said that as well as providing the carrier with ULD management services, it will also take care of the repair and maintenance of all units. The agreement lasts for five years."This full-service support has enabled the airline ...
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News
ICAO takes aim at air cargo digitalisation with proposed task force
An International Civil Aviation Organization (ICAO) paper championed by India has proposed the creation of a task force to help drive efforts to increase digitalisation in air cargo.The United Nations (UN) organisation's working paper urges the creation of an Air Cargo Multidisciplinary Digitalisation Task Force to develop a strategy covering ...
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News
Cathay sees cargo volumes drop in July as challenges remain
Cathay Pacific reported a drop in cargo volumes again in July as it faces ongoing capacity constraints and operational challenges.The group's July cargo volumes declined by 17.2% year on year to 100,714 tonnes and were down 40.7% compared with 2019 levels.Cargo capacity in available cargo tonne km terms was down ...
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News
Aspire MRO to launch B777 conversion services
Aspire MRO has launched widebody MRO and Passenger-to-Freighter (P2F) conversion services.Aspire will operate six bays available for heavy widebody maintenance and B777 P2F conversions at the former American Airlines maintenance facility located at Fort Worth Alliance Airport in Fort Worth, Texas.The facility measures 840,000 sq ft.Aspire said it had secured ...
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News
Volga-Dnepr Group ownership transferred to management
Volga-Dnepr Group founder Alexey Isaykin (Alexei Isaikin) has transferred ownership of the company to management.The exact structure of the group has not been clarified by the company, nor has the reasoning behind the decision.Two of the carriers associated with the group have had their aircraft stuck on the ground due ...
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NewsSea-air and product demand on the up at Emirates SkyCargo
Emirates SkyCargo is expecting recent strong demand for sea-air services to continue, whilst volumes transported through its various product lines have also soared over the past could of years.Speaking to Air Cargo News, Emirates SkyCargo vice president cargo commercial development Dennis Lister says the pandemic had helped accelerate the use ...
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NewsRAS wins new cargo handling contracts in Pakistan
Source: Menzies AviationHandler Menzies Royal Airport Services (RAS) - 49% owned by Menzies Aviation - has won several new cargo handling contracts in Pakistan.The company said that since Menzies acquired its shareholding, it has secured deals including cargo with airblue, Jazeera, AirSial, Fly Jinnah, the United Nations, flynas and British ...
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News
Silk Way West adds online booking with new site
Freighter operator Silk Way West has launched a new website that includes online booking and enhanced shipment tracking capabilities.The new site offers several new features, including newly integrated online booking services along with enhanced freight tracking and a CO2 calculator.Azerbaijan-based airline said that the online booking feature enables forwarders and ...
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NewsAzul Cargo selects Unilode for ULD management
Brazilian airline Azul Cargo has awarded a full-service ULD management contract to Unilode Aviation Solutions.Under the terms of the four-year agreement Unilode will supply digital containers and pallets in a hybrid ULD management model, where the containers are dedicated to the airline’s use and the pallets are provided from Unilode’s ...
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News
Scan Global Logistics targets automotive with AFL acquisition
Fast-growing Danish forwarder Scan Global Logistics (SGL) has acquired an automotive logistics specialist as it targets growth in the sector.SGL today announced the purchase of Germany-based AFL International Logistics and its sister US company American Freight Line.AFL specialises in automotive transport between the European Union and the US.Services include air, ...
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News
Shift back to ocean from air as rates lower and port problems ease
Over the last two years the air cargo industry has benefitted from a modal shift from ocean to air but leading forwarders have indicated that the trend started to reverse in the second quarter.CH Robinson and DHL Global Forwarding said that during the second quarter there was a shift back ...
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NewsAir cargo demand drops again in July as dark clouds gather
Air cargo demand fell for the fifth month in a row in July as the industry continues to face a "multitude of disruptions", according to CLIVE Data Services.The Xeneta-owned data provider said that during July air cargo demand dropped by 9% year on year and the dynamic load factor - ...