All articles by Grace Salter – Page 3
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News
CHAMP's Swissport to be a launch customer of Cargospot-neo
Source: SwissportGround handling service provider Swissport has inked a deal to be a launch customer of CHAMP Cargosystems’ next-generation cargo management solution, Cargospot-neo.Cargospot-neo supports a high level of automation across many handling processes. Not least, says CHAMP, with the “most advanced set of mobile applications available”, it will enable Swissport ...
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Rotate names Ryan Keyrouse as new chief executive
Ryan Keyrouse, RotateRyan Keyrouse has assumed the position of chief executive at Rotate.The move became effective as of March 1.Fellow co-founder and outgoing chief executive Gert-Jan Jansen is to remain on the board as an executive director and senior advisor for client engagements.Keyrouse has undertaken more than 50 air cargo ...
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Creating a ‘global one-stop medical supply chain service’
Jacky Cao (left) of Shanghai Hongyu Supply Chain Management Co and UFL's Simon WongHong Kong-based international cross-border logistics service provider U-Freight Group (UFL) has inked a deal with Shanghai Hongyu Supply Chain Management Co designed to marry the latter’s expertise in China’s medical and healthcare sector with UFL’s experience in ...
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Emirates’ lithium battery mobile app receives IATA recognition
Dubai-based carrier Emirates has been recognised by IATA for developing a mobile app dedicated to the safe shipment of lithium batteries.The trade body has awarded the airline a Competency-Based Training and Assessment Center (CBTA Center) Innovation Award.The award was presented at IATA’s annual World Cargo Symposium (WCS), being held this ...
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FedEx pilots request release from mediation
Source: Air Cargo NewsThe Air Line Pilots Association, Int’l (ALPA) – the largest airline pilot union in the world, and one that represents more than 77,000 pilots flying with 42 US and Canadian airlines – has confirmed that FedEx Express pilots that it represents have filed a request with the ...
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Dronamics and ELTA join hands
Dronamics, ELTADronamics, the world's first cargo drone airline to have a license to operate in Europe, together with Hellenic Post (ELTA) have announced a letter of intent (LOI) agreement that will bring the first postal services by cargo drone to Greece.Dronamics, which designs, develops and operates cargo drones, will provide ...
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Raft sees the benefit in human-centric technology
Raft was at TIACA's Executive Summit this year. James Coombes is second from the left. Image Source: RaftRaft co-founder and chief executive James Coombes has been at the Executive Summit of The International Air Cargo Association (TIACA) in Brussels, Belgium, this week.He told delegates there that human-centric technology is key ...
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IATA reports small growth in air cargo demand in September
Photo: Jaromir Chalabala/ ShutterstockIATA has released data for global air cargo performance in September that shows that the industry enjoyed a continued moderate recovery in the month.Global demand, as measured in cargo tonne km, increased by 1.9 percent compared to September 2022 levels (and was up by 1.6 percent specifically ...
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Qatar Airways keeps on growing as it recovers capacity
Qatar Airways aircraft. Image Source: Qatar AirwaysQatari flag-carrier Qatar Airways has posted some strong financial figures for the first half of this financial year as it continues its post-pandemic fleet recovery.Net profit reached $1.03bn for the six-month period, an increase of 113.8% year on year. That was on group total ...
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CH Robinson third quarter air cargo volumes dip
Multimodal third-party logistics service provider (3PL) CH Robinson saw air cargo volumes within its forwarding unit drop in the third quarter as it grappled with a challenging market.Minnesota, US-headquartered CH Robinson saw its third-quarter (for the period ending September 30) revenue fall by 27.8% year on year to $4.3bn and ...
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News
Hactl welcomes SBTi approval for its emissions targets
Hactl is switching to electric airside vehicles. Image Source: HactlHong Kong Air Cargo Terminals Limited (Hactl), Hong Kong’s biggest independent cargo handler, has received approval from the Science Based Targets initiative’s (SBTi) Target Validation team of its targets on greenhouse gas emissions reduction.SBTi has confirmed that Hactl’s targets comply with ...
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Cargojet continues to cut costs as third quarter revenue drops
Ajay Virmani. Photo: CargojetCanada-headquartered freighter operator Cargojet is continuing to cut costs as it reported a drop in third quarter year-on-year revenue.Total revenue for the third quarter of this year (ended September 30) was C$214m, compared to third-quarter 2022 revenue of C$232.7m.Net earnings for the quarter were C$10.5m (with a ...
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News
DHL holds out against lower volumes in Q3
DHL Group HQ in Bonn. Image Source: DHL GroupA logistics market that is continuing to return to pre-pandemic normality in the wake of the spike in demand seen during the Covid crisis, coupled with an unsettling global geopolitical and economic situation, has impacted DHL Group’s newly released third-quarter financial results.As ...
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FedEx pack an economic punch
Image Source: FedExFedEx Corporation has released its annual Economic Impact Report, a study that assesses the company’s worldwide network and its role in driving innovation over the course of the 2023 fiscal year (defined by FedEx as running from June 1 2022 to May 31 2023).The report is used to ...
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Tower Cold Chain offers Evolution in pharma shipping
Tower Cold Chain Evolution 1600. Image Source: Tower Cold ChainPassive temperature-controlled container supplier Tower Cold Chain has developed an ultra-lightweight product compatible with US and EU pallets.The Evolution 1600 Tower Universal Pallet is said to be suitable for all shipping needs, “meeting industry standards for a truly pan-global ...
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E-commerce service providers gearing up for Singles Day
There is likely to be a busy Singles’ Day for the e-commerce sector this year, says London-based online delivery service provider ParcelHero.With money tighter than ever, Singles Day is ideally timed for early-bird Christmas bargain hunters, ParcelHero believes. It said that we should expect a £2bn ($2.46bn) shopping spree this ...
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Tough market for Expeditors
Jeffrey Musser of Expeditors. Image Source: ExpeditorsSeattle, Washington State-headquartered logistics giant Expeditors International of Washington, Inc. has announced its third-quarter 2023 financial results.Operating income fell by 59 percent over the same quarter of 2022 to $216m as revenue fell by 50 percent to $2.2bn.Airfreight tonnage volumes were down by 14 ...
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HKIA makes strides on sea-air intermodal logistics park
Artist's impression of the first phase of HKIA Dongguan Logistics Park. Image Source: HKIAAt the end of last month (October), Airport Authority Hong Kong (AAHK) – operator of Hong Kong International Airport (HKIA) – signed an agreement with China’s Dongguan Port Group to establish a joint venture for the development ...
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TAC Index reveals little change in airfreight rates in early November
The BA100 powered by TAC data. Image Source: TACGlobal air freight rates were little changed over the first week of November, according to the latest data from TAC Index.TAC acts as the calculating agent for the Baltic Exchange and it notes that the overall Baltic Air Freight Index (BAI00) was ...
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FourKites report suggests supply chain data not being used effectively
Image Source: FourKitesSupply chain visibility platform provider FourKites has released a report entitled ‘Data-Driven Decisions: Why Many Supply Chains Are Falling Behind’ that suggests fewer than half of US/UK supply chain leaders are leveraging their supply chain data to inform their strategy and 14% aren’t using supply chain data at ...
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