Latest news – Page 43
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NewsAir Cargo News Awards deadline extended
The entry deadline for this year's Air Cargo News Awards is being extended by 10 days due to popular demand.Due to a wave of requests, companies now have until June 17 at 5pm (BST) to submit their entries.The awards are now in their 40th year and recognise the achievements of ...
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NewsAir cargo heading for double-digit growth in 2024
Booming e-commerce volumes are propelling the air cargo industry towards a double-digit percentage increase in demand this year, although a US crackdown on online shipments could prove a drag later in the year.The latest figures from supply chain data firm Xeneta show that air cargo demand in May increased by ...
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NewsBIFA appoints new board members
Left to right: Ian Mallon, Denise Hill and Chris Packwood. Source: BIFAThree new people have been elected to the board of directors of the British International Freight Association (BIFA).The three new board members are Denise Hill, Ian Mallon and Chris Packwood who will bring a "wealth of experience and insight ...
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NewsNAV AERO signs up to Awery's technology
Christos Spyrou, Chief Executive Officer, NAP. Photo: NAPAwery Aviation Software has partnered with cargo GSSA and brokerage network, NAV AERO to become the primary aviation technology platform for its members.This strategic partnership with NAV, a subdivision of the Neutral Air Partner (NAP) ecosystem, will equip members with Awery’s air cargo ...
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NewsNippon Express launches new Japan-US airfreight service
Exterior view of Columbus, Ohio branch. Photo: Nippon ExpressNippon Express (NX) has launched a new airfreight service from Chubu Centrair International Airport in Japan to Cincinnati/Northern Kentucky International Airport (CVG) Airport in Kentucky to serve demand in nearby Ohio.The Japanese logistics company said cargo bound for Ohio has until now ...
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NewsAir China Cargo's first A330P2F takes flight
Air China Cargo A330P2F. Photo: EFWAir China Cargo has put its first converted Airbus freighter into operation, according to Elbe Flugzeugwerke (EFW).The cargo carrier carried out its first flight with its new Airbus A330 passenger to freighter (P2F) aircraft on June 3, said the German conversion firm in a LinkedIn ...
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NewsFedEx completes first flight to UK's Teesside International
Source: Teesside InternationalTeesside International Airport in the UK northeast has welcomed its first FedEx flight after signing a five-year deal for an airfreight handling facility at the airport.The first flight of the new partnership was carried out by a Boeing 737-400 (OE-IAE) and arrived at Teesside from Edinburgh Airport on ...
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Senior management changes at ATSG
Freighter operator Air Transport Services Group (ATSG) has announced a series of senior management changes.The changes will see Joe Hete, who currently serves as chairman of the board of directors and chief executive, appointed executive chairman.Mike Berger, who currently serves as president, will become chief executive and a member of ...
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Scan Global completes Foppiani takeover
Scan Global Logistics (SGL) has completed the acquisition of Italian freight forwarder Foppiani Shipping & Logistics following the approval of Italian competition authorities.Headquartered in Prato, Foppiani generates yearly revenue of €115m, employs more than 160 people and offers a range of airfreight and ocean freight services.The forwarder focuses on customers ...
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Menzies finalises Groundforce Portugal stake
Ground services provider Menzies Aviation has completed its acquisition of a 50.1% stake in Groundforce Portugal.Groundforce Portugal manages more than 100,000 aircraft turns every year across five of the busiest airports in Portugal, where it provides ground and air cargo services to several global airlines.Airline TAP Air Portugal retains a ...
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NewsIATA raises outlook for airline cargo revenues and volumes
IATA has raised its outlook for airlines' cargo revenues and volumes for 2024 after demand and rates have performed better than expected.The airline association said it now expected cargo revenues for the year to be $120bn compared with its previous December forecast of $111bn.Cargo volumes in cargo tonne km terms ...
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Aeroprime appointed GSSA for Cambodia Angkor Air
India-based Aeroprime Group has been appointed as the exclusive Cargo General Sales and Service Agent (GSSA) for Cambodia Angkor Air, the flag carrier of Cambodia.Currently, the airline's fleet comprises A320, A321, and ATR aircraft, serving over 11 destinations across Cambodia, China, Laos, Singapore and Vietnam.Starting June 16, Cambodia Angkor Airlines ...
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NewsUS customs crackdown on e-commerce yet to impact freighter capacity
A US Customs and Border Protection (CBP) crackdown on e-commerce shipments into the US over recent weeks has yet to impact freighter flight numbers into North America.Late last week, CBP announced it had suspended "multiple customs brokers" from its Entry Type 86 Test programme that covers the duty-free import of ...
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TIACA joins forces with ACI on cargo safety and sustainability
The International Air Cargo Association (TIACA) and Airports Council International (ACI) have signed a memorandum of understanding (MoU) to improve the overall level of safety, efficiency and sustainability of cargo operations within the airport ecosystem.The MoU will focus on the development of joint advocacy programmes in the context of ICAO ...
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NewsChina-Latam air cargo capacity under pressure
Capacity on the China-Latin America trade has been coming under pressure due to soaring demand and the trend is expected to continue into the peak season. A market analysis from Xeneta airfreight analyst Wenwen Zhang shows that air cargo spot rates from China to Latin America have ...
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IATA helps air cargo stakeholders regulate SAF
Monitoring and accounting for sustainable aviation fuel (SAF) is due to become easier for air cargo operators with the creation of a new SAF registry.The International Air Transport Association (IATA) will launch the SAF registry next year to accelerate the uptake of SAF by accounting and reporting emissions reductions from ...
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Deutsche Bahn selects the final four DB Schenker bidders
Deutsche Bahn has narrowed the number of potential buyers of freight forwarding subsidiary DB Schenker down to four bidders that have now been invited to make binding offers.According to Reuters, the German rail giant has selected Maersk, DSV, Saudi shipping company Bahri and a private equity consortium led by CVC.Deutsche ...
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NewsNew chief executive for Jettainer
Photo: JettainerLufthansa Cargo-owned ULD management company Jettainer has appointed Jan-Wilhelm Breithaupt as chief executive, effective from June 1.Breithaupt holds a doctorate in production logistics and has been driving industry-wide digital transformation projects and process improvement initiatives for more than 20 years.He has held various positions within the Lufthansa Group and ...
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NewsAtlas to focus on widebodies as it reworks Amazon partnership
Photo: Atlas Air New York state-based lessor and cargo airline Atlas Air will end domestic US Boeing 737 and 767 CMI (Crew, Maintenance, and Insurance) services with e-commerce giant Amazon next year. Atlas Air Worldwide said in a statement that the decision falls in line with its ...
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Ex-Polar Air Cargo chief operating officer jailed for fraud
Former Polar Air Cargo chief operating officer Lars Winkelbauer has been sentenced to four years in prison for his alleged part in a scheme to defraud the airline of more than $32m in revenue.Winkelbauer previously pled guilty to conspiracy to commit wire fraud and money laundering, said the US Attorney’s ...