All News articles – Page 136
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News
LATAM Cargo targets Ecuador flower market with new US flights
Source: LATAM CargoLATAM Cargo has added a new service between North and South America to target blooming flower volumes in the region.The new freighter service will operate between Ecuador, Brazil and the US, calling: Quito, Los Angeles, Houston, Manaus and Viracopos.The service will initially operate twice weekly, but will increase ...
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Air NZ Cargo places capacity with CargoAi
Source: CargoAiAir New Zealand (NZ) Cargo has placed its capacity on CargoAi’s digital marketplace CargoMART to expand its online offering.The first Australasian carrier to use CargoAi's technology, Air NZ Cargo is now offering its capacity from the US and Canada into New Zealand and Australia.Freight forwarders in the US and ...
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Boeing begins work on its first freighter conversion line in India
Photo: BoeingBoeing is working with MRO GMR Aero Technic to establish its first freighter conversion line in India.The airframer said in a LinkedIn post that the conversion line supports its anticipated growth of the cargo sector in the region."We are proud to work with GMR Aero Technic to establish the ...
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Mountain Air Cargo launches first ATR 72-600 freighter
US-based express cargo carrier Mountain Air Cargo has launched its first ATR 72-600 freighter.The ATR 72-600F made its debut on March 6, flying from New Bern, North Carolina to Raleigh, North Carolina.Mountain Air Cargo said: “We are excited to provide containerised service that comes with the versatility of the new ...
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Menzies Aviation to upgrade cargo handling with Wipro technology
Graphic: Business WireMenzies Aviation will use Wipro's cargo handling product to increase the transparency, efficiency and competitiveness of its air cargo management services.Wipro’s cargo handling product was designed with cloud-native technologies to improve business efficiencies, enhance employee experience and customer service through increased automation, and provide business insights.The product is ...
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Three banks selected for DB Schenker sale
Deutsche Bahn has appointed three banks as it moves forward with the sale of its freight forwarding subsidiary DB Schenker, according to Reuters' sources.The report said that the rail group has chosen Goldman Sachs, Morgan Stanley and Deutsche Bank for the sale.Final details on the sale are still being decided, ...
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More signs of some improvement in air cargo
More reports have emerged this week suggesting that there might be a slight improvement in the air cargo market led by the ramping up of production in China.In its latest weekly market report, data provider TAC Index pointed out that the overall Baltic Air Freight Index covering prices by forwarders ...
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TIACA: Sustainability efforts accelerating but more work on SAF needed
More action is needed to make sure Sustainable Aviation Fuel (SAF) decarbonisation targets are met.This is the view of The International Air Cargo Association (TIACA), which said on its March 7 media day that sustainability continues to be one of its major priorities in 2023.TIACA said new SAF incentive and ...
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DHL Global Forwarding reports record airfreight revenues
DHL Global Forwarding reported record airfreight revenues last year but performance weakened as the year progressed.The world's second-largest airfreight forwarder saw airfreight revenues increase 18.7% year on year in 2022 to €10.4bn while air gross profits improved 48.5% to €2bn. These improvements came despite a 9.3% decline in volumes to ...
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TAM carries out first flight for Saab 2000 freighter conversion
Saab 2000F. Photo: TAMTaby Air Maintenance (TAM) has carried out the maiden flight of its new Saab 2000 freighter conversion.The Swedish MRO said in a press release that the 45-minute Saab 2000F flight took place on March 6.The freighter conversion has been developed in close collaboration with Miami-based launch customer ...
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Qatar Airways marks International Women's Day with all-female freighter crew
Source: Qatar Airways CargoA Qatar Airways freighter operated from Doha to Shanghai has been managed entirely by female crew and female ground staff to mark International Women's Day.The carrier said that flight QR8960 was its first ever to be operated by an all-female crew - from the "ground staff overseeing ...
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Air Europa Cargo partners with CargoAi to develop e-booking platform
Air Europa Cargo has partnered with IT firm CargoAi on its e-booking platform which is due to launch in the middle of this year.The new e-booking platform will be launched using CargoAi's CargoGATE solution, due to its "plug and play" integration, said CargoAi.The airfreight digitalisation company said the platform will ...
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Cathay Cargo sees revenues weaken in 2022
Cathay Pacific saw its cargo revenues decline by double-digit percentage levels last year as Covid restrictions affected operations.The airline reported a 16.6% fall in cargo revenues to HK$26.9bn in 2022 while cargo revenue tonne kms (CRTK) fell 29.8% year on year to 5.7bn and capacity was down 19% to 8.2bn ...
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Chapman Freeborn makes appointments as it marks International Women's Day
Catriona Taylor (L) and Jenny van Wyk. Source: Chapman FreebornChapman Freeborn has promoted Catriona Taylor to the role of global supplier relations director and Jenny van Wyk to country manager – South Africa, both newly-created positions.In her role as global supplier relations director, Taylor will focus on "building and strengthening ...
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Amazon not yet scaling back flights in face of economic challenges
Amazon Air’s flights have increased in the last six months despite economic challenges impacting e-commerce demand and announcements that it will scale back some third-party operations.The carrier’s flight activity grew by 5.8% between August 2022 and March, found a new study by Chaddick Institute of Metropolitan Development at DePaul University ...
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Kales positive on new carrier Norse Atlantic's expanded network
GSA Kales Group is hopeful the expansion of the recently launched Norse Atlantic's network will help boost bellyhold volumes.In February the carrier revealed plans to add six new flights from Gatwick airport in the UK.Flights to Washington six times per week will launch on June 1, daily flights to Los ...
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AirAsia and Teleport add China to network
More belly capacity and cargo connections have been added to China with the resumption of AirAsia’s flights into the country.AirAsia’s flights into China mark the return of belly cargo space in the country for Teleport, the logistics venture of Capital A (formerly AirAsia Group Berhad).A total of 18 cargo routes ...
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IATA: January demand remains muted as economic constraints continue
Economic constraints have continued to take their toll on industry demand as January became the 11th month in a row that air cargo volumes declined, according to IATA.Global demand, measured in cargo tonne-kilometers (CTKs), fell 14.9% year on year, said the industry body.Meanwhile, fuelled by a resurgence in belly capacity, ...
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Milwaukee Mitchell International Airport plans new cargo facility
Source: CBREMilwaukee Mitchell International Airport (MKE) is planning to develop a new air cargo facility as it aims to develop as an alternative to congested gateways.The South Cargo Logistics Hub project will be handled by real estate firm CBRE and developed by investment company Crow holdings on behalf of MKE.The ...
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ANA to take over Nippon Cargo Airlines
NYK has entered into an agreement to transfer all shares in B747 freighter operator Nippon Cargo Airlines (NCA) to All Nippon Airways Holdings (ANA).The shipping group said that it had made the decision due to the ongoing cost of running the cargo airline."The continuous introduction of new aircraft to expand ...