Europe – Page 56
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News
WiseTech Global acquires US trucking IT provider Trinium
Big-spending logistics solutions group WiseTech Global has made another acquisition, this time the purchase of Trinium Technologies, a provider of intermodal trucking management systems (TMS) in the US and Canada.Headquartered in Los Angeles, Trinium offers TMS for the movement of seafreight containers between port terminals, inland rail terminals, container yards ...
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NewsEuropean Cargo Monthly: Growth continues to stagnate in July
Air cargo volumes at European airlines in July continued to grow at a lower rate than earlier in the year.The region’s largest combination airline group in terms of cargo, Lufthansa, saw freight traffic for the period decline by 2.9% year on year to 904m revenue cargo tonne kms.This is the ...
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Cargo helps propel revenues at ACS
Charter firm Air Charter Service has recorded a 23% increase in revenues during its first half fiscal year on the back of growth in its cargo business.The company said that during the six months ended July 31, revenues reached £240.5m.ACS chief executive Justin Bowman said: “We have had a stunning ...
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Emirates transports 25 tonnes of vaccines to Brazil
Emirates SkyCargo has transported over 25 tonnes of vaccines — some 1.8m doses — from Milan to Bello Horizonte airport in Brazil, the largest vaccine shipment by the Middle East carrier on a single flight.Given the extreme sensitivity of the vaccines to temperature fluctuations, the entire shipment on board the ...
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Peli BioThermal continues expansion of ULD stations
Peli BioThermal has opened its latest network station, in Frankfurt, serving the global pharmaceuticals sector.The new Frankfurt facility, the latest in a worldwide expansion, will serve as an additional depot for the company’s Crēdo on Demand rental program.Situated in close proximity to Frankfurt Main Airport, a major logistics hub for ...
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WFS wins the contract to operate Oslo Airport seafood centre
Cargo handler Worldwide Flight Services (WFS) has won the contract to operate the new seafood centre at Oslo Airport being built to cater for rising demand for perishable exports from the region.The Seafood Center will handle up to 250,000 tons of seafood annually in a facility designed to meet "industry ...
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ATC expands GSSA coverage with South American partner
ATC Aviation Services (ATC), the German general sales and service agent (GSSA), has taken a majority stake in a South American counterpart, Pacific Feeder Services (PFS), in a deal that took three years to negotiate.The link-up, described as "the perfect symbiosis for the South American market" was signed last week ...
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Fewer freighters fuel Frankfurt's 6.4% cargo decrease in July
A decrease in freighter flights contributed to Frankfurt airport's 6.4% decline in cargo traffic (airfreight + airmail) last month to 75,960 tonnes, the only business to falter during a busy July at the hub.Airport operator Fraport said that the monthly air cargo decline was "attributable, among other things, to a ...
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European airports see cargo traffic growth slow in H1
European airports saw traffic growth continue to slow during June, pulling down overall performance during the first half of 2018.Figures from Airports Council International (ACI) Europe show that cargo traffic at European airports increased by 1.6% year on year in June, while over the first six months of the year ...
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Rhenus to buy pharma specialist Avant Air and Sea in Ireland
Germany’s Rhenus Group has expanded its logistics presence in Ireland with the planned acquisition of temperature-controlled and pharmaceutical specialist Avant Air and Sea, subject to regulatory approval.Avant Air and Sea, headquartered in Dublin, also manages hazardous consignments and has been providing sea- and airfreight services and cross-border services for imports ...
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Hola Taric: WiseTech Global acquires Spanish IT firm
Logistics solutions group WiseTech Global has continued its expansion strategy with the acquisition of Taric, a customs management solutions provider headquartered in Madrid, Spain.Taric offers a range of customs management solutions, including regulatory and tariff services, consultancy, training, process control and documentation management solutions to carriers, customs brokers and logistics ...
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Volga-Dnepr links up with Henan for trans-Siberian air bridge initiative
Russia's Volga-Dnepr Group has linked up with China's Henan Airport Group and Zhongyuan Asset Management to create a “trans-Siberian air bridge” as part of China’s ‘One Belt, One Road’ initiative.The three parties have signed a framework agreement on long-term strategic co-operation.Aleksey Isaikin, president of Volga-Dnepr Group, spoke of a tri-partite ...
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Capacity bottlenecks contribute to half-year dip in Frankfurt cargo volumes
Frankfurt airport's cargo volumes dipped 0.4% in the first half of 2018, hindered by "temporary capacity bottlenecks" in cargo handling, a decline in Far East-bound traffic and reduced German industrial output.Reporting its interim six months financial results, airport operator Fraport said that Germany's number one cargo hub handled 1,075,247 tonnes ...
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E-commerce and freight forwarding boost for DP DHL's second quarter
Deutsche Post DHL Group's (DP DHLG) revenue rose by 1.4% to more than €15bn in the second quarter of 2018, driven primarily by “significant gains” at DHL Express and Global Forwarding, Freight.The quarter's operating profit (EBIT) at the German logistics giant amounted to €747m, down by 11.2% against the record ...
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Brexit: Keep the planes flying and the trucks rolling, says FTA
UK Logistics professionals have warned the government’s Brexit negotiators to prioritise the negotiation of aviation and road access agreements with the European Union (EU) as the clock keeps ticking on Britain's departure from the EU.The FTA membership association, representing more than 17,000 UK logistics businesses, issued its supply chain warning, ...
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NewsABC Jumbo gives his giraffe friends a lift to China
AirBridgeCargo Airlines (ABC) flew 66 baby giraffes on a charter flight from South Africa to China, via the Russian cargo carrier's Moscow Sheremetyevo hub.The 'tower' of giraffes, collectively weighing around 38 tonnes, travelled on an ABC Boeing 747 freighter (pictured below) at the end of July from South Africa’s O.R. ...
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UK Customs crunch warning as new system faces significant Brexit challenges
The UK National Audit Office (NAO) has warned that "significant challenges" remain in the implementation of a new Customs Declaration System (CDS) which is due to go fully live in January 2019.In a progress update report on the implementation the NAO also acknowledges that HM Revenue & Customs (HMRC) has ...
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DSV air cargo volumes up 12% in Q2
Denmark-based logistics operator DSV recorded an 11% increase in airfreight volumes to 336,300 tonnes during the first half of 2018, driven mainly by a "strong performance" in EMEA and Americas exports.The rise in DSV's half year air cargo throughput outpaced an overall market benchmark of 5% growth in the same ...
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NewsLufthansa Cargo sees revenues and profits rise in Q2
Higher pricing in the airfreight market helped propel profits at Lufthansa’s cargo business during the second quarter of the year.The German airline’s logistics division, which includes Lufthansa Cargo as well as Jettainer, time:matters and its equity investment in AeroLogic, saw total second-quarter revenues increase by 12.1% year on year to ...
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NewsEast-West airfreight rates fell 3% in May, says Drewry
Airfreight rates fell 3% between May and June 2018, with Drewry’s East-West Airfreight Price Index dropping to $2.63 per kg.However, said Drewry, the rate remains some 7% higher than June last year, adding: "The ramifications of the trade war between the US and China, as well as tariffs on the ...