Latest news – Page 59
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NewsCathay cargo tonnage surge outpaces revenue as yields droop
Source: Cathay CargoCathay Pacific Airways carried 1.38 million tonnes of cargo in 2023, up almost 20% on the previous year’s 1.15m tonnes, said the Hong Kong-based carrier when it announced its annual results on 14 March.Cargo revenue tonne-kilometres surged by over 40%, from 5,774m to 8,099m, but load factors and ...
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NewsForwarders and shippers call for more data ahead of new import regime
Source: ShutterstockInternational forwarders’ federation FIATA and the Global Shippers Forum (GSF) have called for better data quality and information exchange ahead of the European Union's new Import Control System 2 (ICS2), due to be introduced for sea, road, and rail transport in 2024 and 2025.The measure is intended to enhance ...
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NewsSeven firms sign up to IATA digital charter
Source: IATA IATA launched a Digitalization Leadership Charter at the World Cargo Symposium (WCS) in Hong Kong on 14 March with Cathay Cargo, CHAMP Cargosystems, Global Logistics System, IAG Cargo, IBS Software, LATAM Cargo, and Lufthansa Cargo as inaugural signatories. The charter has been developed in consultation ...
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Emirates SkyCargo adds capacity to cargo.one portal
Emirates SkyCargo has continued to roll out its digital booking capabilities with the addition of a new partnership with cargo.one.The new partnership with the third-party booking platform will enable its 15,000 forwarder users to access the airline's schedules, tariff and contract rates, along with real-time access to available capacity.During the ...
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NewsPrague plots ‘passenger to cargo’ plan
Source: Prague AirportPrague Airport has signed a memorandum with 12 companies to develop air cargo at the in the Czech Republic gateway.The Prague Airport Cargo Point platform aims to boost the competitiveness and development of cargo at Václav Havel Airport.A main goal is to make Prague more attractive for long-haul ...
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NewsUK freight group names first sustainable logistics chair
Mike Jones & Sam Warren. Source: BIFAUK freight association BIFA has appointed Woodland group’s Sam Warren as the first chair of its new Sustainable Logistics Policy Group.Sam Warren (pictured, right, with Mike Jones, BIFA's policy advisor for sustainability and environment) is also sustainability manager at Woodland Group, an Essex-based freight ...
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NewsFits is a perfect fit for WebCargo
Source: ShutterstockFits Cargo – a Sri Lanka-based company that combines physical airline operations and interline agreements with over 160 carriers - has joined the Freightos WebCargo online booking and payment platform.Fits Cargo flies over 4 million kilograms of air freight year and has a direct presence in Dubai, India, Hong ...
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NewsRhenus opens Heathrow produce hub
Steve Aitken RhenusGerman-owned global forwarder Rhenus has opened a temperature-controlled perishable handling facility at London-Heathrow, making it one of the few freight forwarders able to store and build ULDs within a chilled environment at the airport.It offers 2,195sq m of floor space and a two-layer racking configuration that provides space ...
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NewsMunich bucks the trend as cargo grows in 2023
Source: Munich airportMunich Airport says it was the only German major air hub to increase freight traffic in 2023. The south German gateway registered a year-on-year increase of 6.6%, whereas total airfreight volume in Germany as a whole fell by 7.1, according to German Airports Association figures.Munich’s freight totalled 284,000 ...
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NewsLufthansa launches first Brussels-America freighter
Source: LufthansaLufthansa Cargo is to start a twice-weekly B777F freighter service between Brussels and Chicago O'Hare on 3 April – its first ever cargo service from Belgium to the American continent. The departures, on Mondays and Wednesdays, will originate at the German carrier’s main Frankfurt hub, and aim to exploit ...
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NewsSmarter funding can drive air cargo's decarbonisation with SAF
Photo: Air Cargo NewsFinancing air cargo’s decarbonisation with SAF is a mammoth task within the air cargo industry, but it is achievable, IATA’s senior vice president of sustainability has stressed.SAF is a major part of the trade body’s plans to achieve net zero carbon emissions from both passenger and cargo ...
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NewsAirbus lab to test new concepts in cargo
Source: AirbusAirbus is to go into partnership with experts from CHAMP Cargosystems, Fraport, KLM Cargo, Kuehne+Nagel and Swissport in a new tech initiative, the plane-maker announced at IATA World Cargo Symposium in Hong Kong on 13 March.OpenCargoLab aims “to drive digital, resource-saving concepts, contributing to more resilient and efficient airfreight ...
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NewsAsia to Europe – could the train take the strain?
Source: Cargo-partnerAustrian-owned international forwarder Cargo-partner says that rail could offer an alternative to air and sea freight between Asia and Europe.Full- and less-than-containerload rail options can offer a rapid, cost-efficient, and environmentally friendly alternative between Europe and China, and other places in Asia.The operator says it has recently seen a ...
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NewsGenerative AI has air cargo potential but should be approached with caution
Source: Air Cargo NewsGenerative Artificial Intelligence (GenAI) is the latest technology buzz sweeping the world but potential air cargo users must keep an open mind and not get carried away if its implementation is to prove successful.Speakers were asked by session moderator Anna Ghion, senior global account manager for MNO ...
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NewsPolitics fails to deflect move to globalisation, says DHL report
Source: DHLThere is no sign of geopolitics affecting the march of globalisation, says DHL in the latest edition of its Global Connectedness Report.In a preview of the document, due to be published on Friday 15 March, the logistics company said that in 2023 globalisation remained at close to the record ...
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NewsONE Record to deliver benefits but also challenges
Source: Air Cargo NewsIATA’s ONE Record project is set to deliver many benefits to the industry but there are also challenges to the implementation of the standard, according to speakers at the IATA World Cargo Symposium.During a panel discussion on air cargo digitalisation, CHAMP chief commercial officer Nicholas Xenocostas said ...
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NewsE-commerce to become a third of air cargo volumes
Source: McKinseyE-commerce will likely stabilise as a third of total air cargo volumes, delegates were told at IATA World Cargo Symposium (WCS).Speaking about how e-commerce is rapidly gaining value in the air cargo sector as it grows in volume, Ludwig Hausmann, senior partner at consulting firm McKinsey said that the ...
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NewsSwissport to join CHAMP and Cathay in second ONE Record scheme
Source: CHAMP SwissportFollowing the announcement yesterday (12 March) that Cathay Cargo and handler WFS are to use CHAMP Cargosystems technology to go live with IATA’s ONE Record data standard in a ‘first use’ case, the systems provider said that it had also joined forces with Swissport and the Hong Kong ...
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NewsAwery to speed Etihad charter response
Source: Etihad CargoEtihad Cargo has signed a partnership with Awery Aviation Software to help it meet a 35% surge in charter requests.The Abu Dhabi-based carrier has implemented a customised version of Awery's enterprise resource planning (ERP) system to manage its cargo chartering programme which, it says, will streamline operations, improve ...
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NewsHeathrow aerospace firm goes all-electric
Source: B&H electricAerospace logistics company B&H Worldwide has ordered that all local cargo collections, deliveries and corporate passenger travel at its London Heathrow base should be carried out only by battery electric vehicles, as of February 2024.The company says that the move will enhance its environmental commitment and will be ...