All News articles – Page 104
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News40 years of pioneers and transformation
A group of entrepreneurs have helped reshape the airfreight sector and build the industry we know today. Let's take a look at some of the visionaries of the past four decades.Cataclysmic events such as 9/11 have had a huge impact on the airfreight business, but equally profound changes have come ...
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NewsVideo: What events have had the largest impact on the industry in the last 40 years?
Air Cargo News is celebrating 40 years of breaking news and views. As well as looking back through time ourselves at the biggest stories of the last 40 years, we decided to ask a selection of industry stakeholders what events have had the largest impact on the industry in the ...
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NewsLet’s get digital
Air cargo has been criticised in the past for being slow to digitalise its processes – but in recent years progress has accelerated.Although the industry has been criticised previously for being slow to adopt technology and digitalisation, there have in fact been plenty of investments overthe past 40 years that ...
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NewsVideo: What have been the biggest changes in the industry in the last 40 years
Air Cargo News is celebrating 40 years of breaking news and views. As well as looking back through time ourselves at the biggest stories of the last 40 years, we decided to ask a selection of industry stakeholders what events have had the largest impact on the industry in the ...
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NewsWhere now for air cargo?
“Firstly, I shall say that I have the pleasure to be looking at the future of the industry from the comfort of a beach hammock somewhere in the world,” Tiaca director general Glyn Hughes tells Air Cargo News (ACN) when he sits with us to share his thoughts on what ...
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NewsCathay Cargo makes management changes
From left to right: George Edmunds, James Evans, Frosti Lau and Tim Wong. Photo: Cathay PacificCathay Cargo has made changes to its management team, as previously reported by Air Cargo News.James Evans has replaced George Edmunds as general manager cargo commercial. Evans has extensive experience across the Cathay Group.Edmunds has ...
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Western Global Airlines reaches bankruptcy financing deal
Florida-headquartered Western Global Airlines (WGA) has reached a bankruptcy financing deal that will enable the cargo carrier to continue operating while it addresses its financial position.According to a Bloomberg report published on July 31, the carrier has lined up US$77.3m of bankruptcy financing at a rate of 9% over the ...
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cargo-partner launches Western Europe–Asia consolidation services
Austria-based international logistics specialist cargo-partner has introduced new airfreight consolidations between Western Europe and Asia.The weekly services link major airports in Austria, Germany, the UK, Sweden and the Netherlands with Delhi, Bangalore, Mumbai, Chennai, Shanghai, Bangkok, Hong Kong and Singapore.They include pre-carriage from anywhere in Western Europe as well as ...
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YTO Express adds Guangzhou–India links
Shanghai-headquartered express delivery company YTO Express is to launch three weekly Boeing 767-300 freighter flights linking Guangzhou Baiyun International Airport with Chennai, Mumbai and Delhi in India.According to a report by Chinese news agency Xinhua, each round trip will carry cargo including electronic products, automotive parts, textiles and machinery.The flights ...
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NewsAGI opens Leeds office
Dale Cross. Photo: AGI Global LogisticsAGI Global Logistics has opened a new office in Leeds, UK to increase its coverage in the north of England, where it already has a presence in Manchester, Immingham and Newcastle.The Leeds office is an extension of AGI’s Derby operation, and will be run by ...
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NewsRaft strengthens leadership team
Claudio Fiaoni, regional vice president of sales, EMEA; and Kurt Corman, regional vice president of sales, Americas. Photo: RaftIntelligent logistics platform Raft has made two appointments to its commercial leadership team to support the company’s accelerating global growth.Kurt Corman, who has previously held sales and leadership roles with technology platforms ...
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NewsDHL airfreight volumes continue to fall
Melanie Kreis, DHL Group chief financial officer. Photo: DHLDHL Group’s second quarter airfreight volumes reflect what the company called a “less dynamic market environment”, having declined by 13% year on year to 415,000 tons – while revenue plummeted 46.8% to €1.48bn.Looking at airfreight performance during the first half of the ...
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Canadian port workers deal on table to end strikes
Strikes at the ports of Vancouver and Prince Rupert are understood by Air Cargo News to have ended after the announcement of a new settlement for workers.Industrial action involving over 7,000 dockworkers belonging to the International Longshore and Warehouse Union (ILWU) Canada began on July 1 after the ILWU failed ...
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NewsDrewes set to become Hellmann CEO
Jens Drewes. Photo: Hellmann Worldwide LogisticsHellmann Worldwide Logistics has appointed Jens Drewes as chief executive, effective August 2024.He will succeed Reiner Heiken, who has decided to retire next year. The chief executive role encompasses five areas: HR, sales, marketing, corporate development and corporate communications.Drewes' logistics career spans over 30 years, ...
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Deutsche Bahn mulls DB Schenker sale options
Rail and logistics giant Deutsche Bahn (DB) is continuing to assess its options for selling its forwarding subsidiary DB Schenker.Levin Holle, member of the Management Board for Finance and Logistics, noted that the business is performing well, despite much more challenging market conditions than in 2022.Speaking during the DB Group's ...
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Aero Africa joins Global Logistics Summit Network
Air cargo management group Aero Africa has joined the Global Logistics Summit Network (GLSN)."Aero Africa is now supporting Senegal, Gabon, Eritrea, Equatorial Guinea, Congo-Brazzaville, Chad, Central African Republic, Cameroon, Burundi, Botswana, Cape Verde & DR Congo inside the GLSN forwarding network," said GLSN in a press release on July 31.According ...
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Hong Kong Air Cargo targets expansion
Hong Kong Air Cargo (HKC) has opened a new Greater Bay Area Office (GBA Office) in Shenzhen to expand its business in the region.According to a HKC LinkedIn post on July 31, chairman and president of HKC, ZHANG Youqiang, said: "The opening of our GBA Office in Shenzhen is a ...
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CMA CGM Air Cargo faces crosswinds
CMA CGM Air Cargo looked to be facing challenges as its parent shipping group released its second quarter results.French shipping and logistics group CMA CGM did not provide specific financial figures for its cargo airline, but stated that second quarter revenue "from other activities, which include port terminals and CMA ...
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Maersk strengthens airfreight team
Maersk has appointed Juliano Martins as head of airfreight - east coast of South America.São Paulo-based Martins confirmed in a LinkedIn post that he began the role this month.He previously spent 13 years at Brazilian airline Azul Linhas Aéreas Brasileiras. Most recently, he was head of international cargo sales at ...
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NewsSoft demand sees AFKLMP's second quarter revenues drop
Soft demand and lower rates accounted for Air France KLM Martinair Cargo's (AFKLMP) revenues dropping by over a third in the second quarter.Total cargo revenues dropped by 33.9% in the second quarter year on year, said Air France-KLM Group.Capacity was up 6.5% for the quarter, traffic was down 8.5% and ...