All Europe articles – Page 65
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News
Container shipping giant to invest in 25% CEVA stake
Container shipping giant CMA CGM has reached an agreement to purchase a 25% stake in freight forwarder CEVA Logistics.To obtain its share, the world’s third largest box carrier will subscribe to a convertible bond offering of between Sfr380m and Sfr450m.These securities will be convertible into common shares subject to obtaining ...
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dnata UK achieves GDP certification
Ground handler dnata UK has been awarded certification for Good Distribution Practice (GDP) by the UK Medicines and Healthcare Products Regulatory Agency (UK MHRA).The UK MHRA granted dnata full Wholesaler Dealer Authorisation (WDA) after it completed the organisation’s Good Distribution Programme, while simultaneously investing in pharma handling technology at several ...
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Nordic seafood market booms as another operator considers a freighter service
The continued growth of seafood volumes in the Nordics is pushing more companies to consider launching direct freighter services to the region.The latest company to study the potential for a freighter service is Saudia Airlines Cargo, which is holding meetings over the coming days with potential customers regarding the possibility ...
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Airfreight rates help push Dachser revenues over the €6bn mark in 2017
Germany’s Dachser achieved record revenues in 2017, crossing the €6bn threshold for the first time.The global logistics provider increased its consolidated gross revenue by 7.2% to €6.12bn. Dachser also set other company records by handling a total of 81.7m shipments (+2.1%).“We systematically pursued our successful export strategy for European overland ...
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CargoLogicAir "totally committed" to British air operator certificate (AOC)
CargoLogicAir (CLA), the UK-registered freighter operator, intends to keep flying the British flag and retaining its UK air operator certificate (AOC).David Kerr, chief executive of the Stansted-based airline, said: "As the UK’s leading all-cargo airline, CargoLogicAir, remains totally committed to its British AOC and to supporting the UK Government’s forward-looking ...
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Air France seeks to end strike impasse
Air France management said on 10 April that it had offered trade unions multi-year pay negotiations between 2019 and 2021 in an effort to find a solution to ongoing strikes that have been disrupting flights over the past few days.The carrier said it had offered general salary increases for 2018, ...
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Another KOG for Rhenus’s project forwarding machine
German-owned forwarder Rhenus has rebranded recently-acquired KOG Worldwide as Rhenus Project Logistics following completion of integration with the parent company.Rhenus’s project arm now has 24 companies in 20 countries including Europe, Asia North Africa and North America and has recently opened new sites in Chicago, Bremen and Tashkent.Managing director of ...
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DHL Global Forwarding adds start-up helpdesk
DHL Global Forwarding has launched a helpdesk in Berlin that is aims to meet the specific needs of start-ups.The forwarder said the new helpdesk will assist new and expanding start-up companies in the areas of logistics and supply chain development in and beyond Germany.“Our customer base of start-ups with global ...
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European airports continue to report cargo growth in February
European airports saw cargo demand increase again in February, although there was a slowdown on growth levels recorded in January.The latest figures from Airports Council International (ACI) Europe show that freight demand increased by 5.7% year on year in February, down on January’s 8.7% uptick.This slowdown was to be expected ...
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Air Partner finance chief steps down after accounting error
Air Partner’s chief financial officer has handed in his resignation following on from an accounting error totalling millions of pounds.The UK charter broker today confirmed that Neil Morris had offered his resignation, which had been accepted by the board.Morris’ resignation comes after the company revealed an accounting error related to ...
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IAG confirms interest in Norwegian takeover
International Airlines Group (IAG) has confirmed its interest in Norwegian Air Shuttle and added that it had established a position in the airline.IAG said that it has acquired a 4.6% ownership position in the airline. The minority investment is intended to establish a position from which to initiate discussions with ...
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Peil BioThermal adds new European ULD rental service drop points
Temperature controlled packaging firm Peli BioThermal has added 13 new European drop points.The drop points, located within Rhenus Logistics global network, further the expansion of Peli BioThermal’s Crēdo on Demand rental programme by providing additional points of return for reusable shipping assets.Dominic Hyde, Peli BioThermal’s vice president of Crēdo on ...
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LATAM Cargo spreads its wings in Europe as it looks to avoid airport congestion
LATAM Cargo has added new B767 freighter services from South America to Brussels and Madrid in order to meet growing demand and avoid congestion at European airports.The airline said that following the launch of the new services it will offer calls at four European airport destinations instead of two previously ...
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Swissport defers IPO plan
Swissport Group has announced that it will defer its plans for an Initial Public Offering (IPO) on SIX Swiss Exchange.In a short investor announcement, the ground handler, a subsidiary of Chinese conglomerate HNA, said that it had decided to delay the listing of its shares as a result of current ...
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Strike Aviation adds Prague to GSSA network
American Airlines has appointed Strike Aviation as the cargo GSSA for its new direct B767-300 passenger flight from Prague to Philadelphia, as well as the offline cargo GSSA for Bulgaria, Romania and the Slovak Republic."This is another milestone we have achieved with our Czech team’’ commented Julia Ostwaldt, commercial manager-Europe ...
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Air Partner updates on accounting review
UK charter broker Air Partner has restated the financial impact from an accounting error in its receivables and deferred income since the 2010/11 financial year, originally estimated at £3.3m, saying today that it “will not exceed £4m”.The Air Partner Board has appointed PricewaterhouseCoopers(PwC) and Rosenblatt Solicitors to provide independent accounting ...
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UK bosses call for common rules on wet-leasing after Brexit
The need for convergence on UK and European Union (EU) rules on aircraft wet-leasing is one aspect of a new Brexit study by UK business lobby, the CBI.In the report, published today, the CBI has outlines where Britain’s top company bosses want to stay close to European Union rules and ...
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Strikes in Germany and France set to disrupt airfreight operations
Strikes by unions in France and Germany are set to disrupt air cargo operations today, with Air France and Lufthansa cancelling hundreds of flights.In Germany, the Verdi trade union has called for a strike over pay at Frankfurt, Munich, Cologne and Bremen airports.In France, pilot, cabin and ground crew have ...
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Horses jump at the chance to stay at Liege airport
Liege Airport's Horse Inn facility will see no fewer than 300 horses transit through the Belgian hub over the next 20 days as they journey to attend the Longines Global Champions Tour 2018.The annual international competition for top-level show jumping began at the end of March in Mexico, before moving ...
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CEVA confirms $1.36bn IPO
CEVA Logistics has confirmed plans for an initial public offering (IPO) and to list its shares on the SIX Swiss Exchange in a move that will raise an expected SFr1.3bn ($1.36bn).The announcement by the $7bn revenue third party global logistics player based in Switzerland confirms earlier industry speculation.The objective of ...