Latest news – Page 31
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NewsNew cargo airline Fly Khiva adds flights to Liege
Source: Liege Airport. Copyright: All rights reservedRecently-launched cargo airline Fly Khiva Group has added freighter flights to Liege as part of its services from Asia to Europe via its home hub of Tashkent.The new flights will be operated by the airline's single Boeing 767-300 converted freighter three times per week.The ...
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CargoAi adds quotation tool
CargoAi has added a new tool to its booking portal that allows forwarders to create real-time quotations for customers.The Shipper Quotation Module will "significantly" reduce "the back-and-forth routine between procurement and sales teams" the software firm claimed.It works by enabling forwarders to generate quotes in retail time in response to ...
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NewsNew chief executive for Magma Aviation
Peter Kerins. Photo: Magma AviationUK freighter firm Magma Aviation has appointed Peter Kerins as chief executive to steer its growth strategy.Kerins brings over 30 years of aviation and logistics experience to his new role, having began his career in 1991 in freight forwarding sales.He has since worked at a variety ...
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NewsLATAM Cargo to add Europe capacity following rivals' transatlantic cutbacks
Copyright: Felipe Cantillana Photo. Source: LATAM Cargo LATAM Cargo will add extra capacity to the Latin America-Europe trade lane following Qatar Airways and Air France KLM Martinair’s decision last week to remove services from the market. The South American carrier yesterday announced it would add two weekly ...
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Bangladesh air cargo market faces logjams following protests
The Bangladesh air cargo market faces delays and sky-high rates after weeks of protests against the government and deadly clashes between police and demonstrators.Reports suggest the situation in the country today appears to be easing after prime minister Sheikh Hasina yesterday resigned and fled the country.However, the air cargo market ...
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Hactl makes lithium battery handling safer
Hong Kong Air Cargo Terminals Limited (Hactl) is taking new steps to mitigate the risks of handling lithium batteries in air cargo.The Hong Kong International Airport-based company has opened a dedicated lithium batteries storage zone that is equipped with carbon dioxide (CO2) fire suppression systems and fire-proof partitions to segregate ...
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NewsAir Europa Cargo adds capacity to cargo.one
Photo: cargo.oneAir Europa Cargo has placed its capacity on digital air cargo booking platform cargo.one to offer freight forwarders improved access to capacities connecting Europe and the Americas.From late summer, freight forwarders in selected cargo.one markets throughout EMEA and Latin America can book Air Europa Cargo capacity for general cargo, ...
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NewsHong Kong Air Cargo signs MoU with ZTO Express
Photo: Hong Kong Air CargoHong Kong Air Cargo (HKAC) has signed a strategic cooperation memorandum of understanding (MoU) with Chinese logistics company ZTO Express Group to strengthen their partnership in the air cargo sector.ZTO is a major express delivery company in China and one of the largest express delivery companies ...
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NewsModern Logistics targets fleet and network growth
Modern Logistics 737-800BCF. Photo: Modern Logistics Brazilian integrated logistics company Modern Logistics will begin the first phase of its international expansion strategy later this month and has further plans to expand its fleet. As previously announced, the expansion strategy comprises two stages. The initial phase will begin ...
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IndiGo begins new India-China freighter route
IndiGo CarGo has begun operating freighter flights between Kolkata in India and Ezhou in China as it continues to expand its network.The freighter flights between Netaji Subhash Chandra Bose International Airport (CCU) and Ezhou Huahu Airport (EHU) in central China’s Hubei Province will operate three times a week, said Mark ...
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Air Incheon gains support for Asiana cargo bid
Air Incheon's plan to acquire Asiana Airlines’ cargo business is gaining momentum with reports that Hyundai Glovis may invest in a consortium led by the airline.Republic of Korea (ROK)-based logistics company Hyundai Glovis said it is considering an investment after Air Incheon was named as the preferred bidder for Asiana ...
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IAG Cargo revenues improve in Q2
IAG Cargo has registered a year-on-year improvement in cargo revenues for the first time since the first quarter of 2022.The cargo business of the IAG Group saw its second-quarter cargo revenues increase by 1.1% compared with last year to €283m.Since 2022 the air cargo market has been affected by the ...
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Air cargo rate increases on major Asia trades taper off in July
Airfreight rates on key trade lanes out of Hong Kong were largely flat in July compared with June but they continue to be higher than a year ago.The latest figures from the Baltic Exchange Airfreight Index (BAI) calculated by TAC Index show that rates from Hong Kong to Europe in ...
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DSV and Dimerco warn of tight peak out of Asia despite freighter moves
DSV and Dimerco are warning of tight capacity out of Asia for the peak season despite carriers re-allocating capacity from trades with overcapacity.In a market update, Taiwan-headquartered forwarder Dimerco said it was important for customers looking to ship from China to the US and Europe to plan for the fourth ...
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Qatar Cargo adds online allotment booking
Qatar Cargo has expanded its digital offering by adding a new feature that allows forwarders to book their allotments through its online booking portal.The development means that customers using the cargo airline's Digital Lounge system will be able to directly book allotments and gain instant confirmation of their bookings.Until now, ...
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AA Cargo makes domestic network freight capacity available on cargo.one
American Airlines Cargo and cargo.one have extended their partnership to bring all of the US carrier’s domestic freight capacity to the latter’s digital air cargo booking platform.US forwarders using the cargo.one platform now have improved digital access to American’s domestic network, which spans more than 115 US destinations, being able ...
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NewsXeneta: strong demand for air cargo drives higher spot rates
The quicker than expected recovery to July’s global IT outage meant that there was no significant ongoing disruption to rates amidst ongoing strong demand for air cargo, according to the latest market analysis from Xeneta.Airfreight rates rose for a sixth consecutive month, with global average air cargo spot rates reaching ...
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NewsMenzies opts for CHAMP Cargosystems’ Traxon technology
Dirk Thorwith, CHAMP (L) and Rory Fidler, Menzies AviationSource: CHAMPGround handler Menzies Aviation has chosen CHAMP Cargosystems’ Traxon Global Customs (TGC) solution to provide a standard platform to deliver its customs fulfilment processes.TGS helps with the processing of import, export and transit controls. It will be embedded and integrated into ...
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United goes with Neste for SAF at O’Hare
Finland-based sustainable fuels supplier Neste is to provide up to 1m gallons (3,000 metric tons) of Neste MY Sustainable Aviation Fuel (SAF) to United Airlines for use at Chicago O’Hare International Airport in the period up to the end of this year.United is the first airline to purchase SAF for ...
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CMA CGM completes sale of Bolloré Logistics’ operations in French Overseas Territories
The CMA CGM Group has completed the sale of 100% of subsidiary Bolloré Logistics’ activities in Guadeloupe, Martinique, Saint-Martin, French Guiana, and Polynesia to the Balguerie Group.The Marseille-headquartered shipping giant was required to sell operations in the French Overseas Territories by the European Commission and the Polynesian Competition Authority as ...