Latest news – Page 64
-
News
Lower leasing demand takes the shine off ATSG earnings
Reduced demand for aircraft leasing, passenger operations and flying for the US military combined to pull down revenue at ATSG (Air Transport Services Group), said the company in its fourth quarter 2023 results.Wilmington, Ohio-based ATSG, which is the world’s largest owner and operator of converted Boeing 767 freighter aircraft, said ...
-
News
CCS-UK makes the move to new customs system
UK electronic air cargo community system, CCS-UK said it has migrated to HM Revenue and Customs' (HMRC) new platform, CDS (Customs Declaration Service).Users can now submit declarations through CCS-UK for all air imports and exports to the new system, which is due to replace HMRC’s 1980s-vintage CHIEF (Customs Handling of ...
-
NewsKuehne+Nagel Air enhances New York hub
K+N temperature controlled space at JFK facility. Photo: K+NSwiss-headquartered Kuehne+Nagel has expanded its John F. Kennedy International airport (JFK) facility in New York.The forwarder has added a 4,500 sq ft stand-alone, GxP-compliant, temperature-controlled area, and has also extended its existing 78,763sq ft of warehousing at the gateway by 10,000sq ft ...
-
News
Freightos tops a million transactions
Freightos handled over a million transactions in 2023 according to its full-year results, published on 26 February.The digital booking and payment platform achieved a record 287,000 transactions in the fourth quarter of 2023, an increase of 36% year over year to end the year with 1,025,000 transactions.Freightos said it had ...
-
NewsWFS scores cargo handling deal with Etihad at 12 airports
Photo: Etihad Cargo.Etihad Cargo has signed a strategic partnership agreement with Worldwide Flight Services (WFS) for cargo handling services at 12 major international airports in Europe, Scandinavia, North America, India, and Asia Pacific.The agreement is for a three-year period and will see SATS Group-owned WFS handling over 150,000 tonnes of ...
-
News
Silk Way West signs parts deal with Turkish Technic
Azerbaijani cargo carrier Silk Way West Airlines has signed a component pool agreement with Istanbul-based MRO provider Turkish Technic for its Boeing 777F fleet.Under the deal the operator of one of the youngest B777F fleets will gain access to spare parts pooling and maintenance, repair and overhaul (MRO) services from ...
-
NewsLars Jordahn is new Maersk Air Cargo boss
Lars Jordhan. Photo: MaerskLars Jordahn has been appointed global head of Maersk Air Cargo, effective March 1.Based in Copenhagen, Denmark, Jordahn will take over the chief executive role from Peter Corfitsen, who is going to transition into a new role in Maersk, the company told Air Cargo News.Jordahn has ...
-
News
European Commission approves CMA CGM takeover of Bolloré Logistics
The European Commission has approved CMA CGM's proposed acquisition of Bolloré Logistics, bringing the shipping giant one step closer to growing its multimodal market share.CMA CGM Group entered into exclusive negotiations with the Bolloré Group to acquire Bolloré Logistics’ transportation and logistics activities in April last year. The deal is ...
-
NewsTIACA to launch carbon offsetting programme
Source: Love Silhouette/shutterstockTIACA is launching a carbon-offsetting programme to help smaller companies invest in reducing their impact on the climate.The Climate Action Platform will go live in the coming days and will provide companies with an initial portfolio of six carbon-offsetting projects.TIACA worked with carbon consultancy South Pole to select ...
-
NewsCathay Cargo Terminal gets greener with recycled plastic
Photo: Cathay PacificCathay Cargo Terminal will utilise 50% recycled plastic cargo cover sheets for all export cargo shipments built up within its terminal.This is an increase from the terminal's current specifications of no less than 30% recycled content for sheets, and builds on its efforts to adopt a circular economy ...
-
News
WorldACD figures show extent of sea-air growth
The latest weekly figures from data analyst WorldACD show an upswing in volumes at sea-air hubs as a result of the Red Sea shipping crisis.WorldACD figures show that over the first seven weeks of the year, Dubai, Colombo and Bangkok all saw their respective tonnages to Europe increase by more ...
-
NewsTIACA survey reveals growing pressure on sustainability in air cargo
TIACA's latest sustainability survey has revealed a growing focus on sustainability in air cargo but also a gap between the smaller and larger organisations in terms of investment.The survey of more than 280 air cargo professionals - produced in partnership with consultancy Change Horizon - showed that 67% of respondents ...
-
NewsQCS and Team Global Logistic to expand reach with merger
Source: QCSQuick Cargo Service and Team Global Logistic will merge their businesses with the aim of expanding the reach of service.The two companies said that union is "poised to enhance service offerings, expand global reach, and deliver unparalleled value to customers worldwide".QCS announced the deal this week and said that ...
-
News
Cathay Cargo and DB Schenker connect through API
DB Schenker and Cathay Cargo have connected their system through an application programming interface (API) that will allow the forwarder to make direct bookings on the airline's flights.The two firms said the connection would allow the forwarder to access Cathay Cargo's Click & Ship booking platform through its in-house system ...
-
NewsRock-It Cargo processes first US electronic ATA carnet
Source: Rock-It CargoLive events forwarder Rock-It Cargo has piloted the first US electronic ATA Carnet for the temporary export and import of equipment.The first US eATA Carnet was used to ship microphones, designed by Emmy Award-winning costume designer Perry Meek, from New York JFK to Heathrow for a live events ...
-
News
AfA calls on Biden to improve US airport cargo infrastructure
The US Airforwarders Association (AfA) has written to US president Joe Biden to ask for funding to be allocated for the improvement of cargo facilities at the country's airports.In his letter, AfA executive director Brandon Fried said it was disappointing that the recent announcement of $970m in grants for airport ...
-
NewsKorean Air and Vienna Airport partner on cargo
Julian Jäger, joint CEO and COO of Vienna Airport (left), and Jaedong Eum, senior vice president and head of cargo business division, Korean Air. Photo: Korean AirKorean Air has signed an agreement to strengthen its air cargo partnership with Vienna International Airport.The partnership aims to build on growing air cargo ...
-
News
Perishables lift Cathay Pacific cargo volumes in January
Perishables shipments helped to raise air cargo volumes at Cathay Pacific in January year on year.The airline carried 114,790 tonnes of cargo in January, an increase of 20.7% compared with January 2023 when capacity was still in recovery mode due to pandemic restrictions.The month’s cargo revenue tonne kilometres (RFTKs) increased ...
-
NewsBangkok Flight Services gains GDP certification
Source: WFSHandler Bangkok Flight Services has achieved Good Distribution Practice (GDP) certification for its pharma facility at Suvarnabhumi International Airport.BFS, which is a joint venture between SAT-owned WFS and Bangkok Airways, received its GDP certification from independent audit body Escem/TüV Rheinland following a two-day assessment of the pharma facility.The pharma ...
-
News
ECS Group back on the acquisition trail
The ECS Group is back on the acquisition trail following a break in activity due to the Covid crisis.The general sales and service agent (GSSA) has announced three takeover deals in the past three months and executive chairman Adrien Thominet says there are more deals in the pipeline.Explaining the decision ...