All News articles – Page 14
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NewsDP World hires senior director of airfreight for Americas
Image: ShutterstockDP World has appointed Peter Dyeremose as senior director of airfreight for the Americas as it seeks to drive growth in its airfreight freight forwarding services across the region.Dyeremose joins DP World with over 25 years of experience in logistics and airfreight. He previously worked at Mainfreight Inc., where ...
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NewsUPS profits and revenues improve in Q3
Source: UPSUPS registered improvements in its revenues, operating profits and net profits in the third quarter of the year as volumes returned to growth.The express giant saw its revenues for the third quarter increase 5.6% year on year to $22.2bn, while operating profits were up 47.8% to $2bn and net ...
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NewsHong Kong airfreight market outlook weakens but busy peak still expected
Source: Supakitswn/ shutterstock.comThe market outlook of Hong Kong airfreight traders has weakened in recent months but the peak season is still expected to be busy.The fourth quarter DHL Air Trade Index dipped by six percentage points compared with the third quarter survey to reach 35.2 points, with a decline of ...
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News40th Air Cargo News Awards winners revealed!
Photo: Leo Johnson PhotographyAir cargo innovation across the industry was celebrated at the Air Cargo News Awards today, which marked the 40th year of the event.Nearly 250 guests gathered for the awards this year, hosted by comedian and broadcaster Zoe Lyons at the Royal Lancaster London hotel, where attendees were ...
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NewsDHL signs largest ever SAF deal with IAG Cargo
Source: IAG CargoDHL Express and DHL Global Forwarding are to use an extra 60 million litres of sustainable aviation fuel (SAF) under a renewed contract with IAG Cargo.The new contract covers 2024 and 2025 emissions and is the largest SAF agreement between an airline and a customer to date, say ...
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NewsDP World opens Panama forwarding office
Editorial credit: T.Schneider/Shutterstock.comDubai-based DP World has opened a freight forwarding office in Panama City, its latest addition to its network in Latin America.Like the logistics and shipping group’s existing outlets in the region, it offers air freight, customs clearance, warehousing multimodal transportation and related services.DP World chief operating officer Morten ...
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NewsCargo soars at Singapore
Singapore Airlines Cargo shipment at Changi Airport. Photo: Changi AirportSingapore Changi Airport handled 512,000 tonnes of airfreight in the third quarter of 2024 (July to September), up 13.5% on the same period last year.Growth was seen across all cargo flows – exports, imports and transhipments, boosted by big improvements on ...
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NewsAirfreight profits down, turnover up at Kuehne+Nagel
© 2024 Kuehne+Nagel. All rights reservedKuehne+Nagel’s airfreight profits fell sharply in the third quarter of the year, despite increased turnover.The Swiss-based forwarding group reported a 20% increase in its net air logistics turnover in the third quarter of 2024 in its latest results. Turnover was up from CHF1,512 million in ...
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NewsDSV to complete Schenker buy in mid-2025
Source: DSVDSV expects to close its acquisition of DB Schenker from Germany’s Deutsche Bahn in the second quarter of 2025, said group chief executive, Jens Lund.In announcing the Danish logistics and forwarding group’s results, Lund said that the third quarter of 2024 was a landmark for the company with the ...
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NewsDHL Express gets to work on US hub scheme
Photo: DHL GroupDHL Express has started construction of a 305,000sq ft aircraft maintenance facility and expanded aircraft apron at its Cincinnati hub.The integrator says the $292 million facility at Cincinnati/Northern Kentucky International Airport will reduce aircraft downtime and improve reliability while the expansion of the apron with eight new gates ...
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NewsAmericas and Europe cargo revenues lag overall market performance
Image source: ShutterstockAirline cargo revenues from the Americas and Europe have come under pressure this year despite the overall market benefitting from rate and volume increases.Research from data provider WorldACD shows that in the first nine months of the year, cargo volume increases from Europe and the Americas were not ...
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NewsSupernova Airlines achieves EASA operator approval
Source: Shane Hoggatt/ShutterstockSupernova Airlines has hit another milestone in its efforts to develop air cargo operations in Europe with a key stamp of approval from the European Union Aviation Safety Agency (EASA).The Ukraine-registered cargo carrier said in a recent LinkedIn post that it had secured "EASA approval as Third Country ...
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NewsTiaca partners with KSI Airport to promote air cargo in Saudi Arabia
Source: TIACASupply chain association TIACA has signed a Memorandum of Understanding (MoU) with King Salman International Airport (KSIA) to help develop air cargo in Saudi Arabia.The MoU will see Tiaca work with the airport on promotion, training, innovation and sustainability.On training the two partners will connect TIACA's training programmes with ...
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NewsCargo demand rises at Cathay and HKIA as 'robust' peak nears
Source: Cathay CargoCathay Pacific noted a pick-up in cargo demand in September and the airline is predicting a robust peak season.The Hong Kong-based carrier said that cargo tonnage in September increased by 7% compared with August and was up 11% compared with last year to 133,079 tonnes.The month-on-month increase comes ...
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NewsPACTL shares five-year strategy to build air cargo business
Photo: Lufthansa CargoShanghai Pudong International Airport Cargo Terminal (PACTL) has shared a five-year strategy aimed at strengthening its global competitiveness in the air cargo sector and advancing Shanghai’s development as an international shipping hub.PACTL’s new strategy, announced in line with its 25th anniversary, focuses on enhancing customer service capabilities, strengthening ...
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NewsMy Freighter launches Zhengzhou-Liège route
Photo: My FreighterMy Freighter has launched a new cargo route between Zhengzhou Airport (CGO) in China and Liège Airport (LGG) in Belgium.The Uzbekistan-based cargo airline announced that four flights per week would be carried out on the route using Boeing 767-300 freighters."We are thrilled to announce the launch of a ...
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NewsWFS uses biofuel for cargo loading equipment at Paris CDG
Worldwide Flight Services (WFS) will from this month power cargo transporters and other ground support equipment (GSE) with biofuel at Paris Charles de Gaulle (CDG) Airport to further reduce its environmental impact.The SATS-owned ground handler will switch from conventional fuel to biofuel for GSE, with the aim of cutting GSE ...
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NewsAir White Whale unveils biggest unmanned cargo aircraft
Photo: Air White WhaleChinese aerospace firm Air White Whale has completed manufacturing an unmanned cargo aircraft with a maximum payload capacity of five tons that it said is the largest of its kind.The "W5000" aircraft was rolled off the production line at a Changzhou-located production base on October 18, said ...
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NewsEmirates to expand freighter fleet with order for more 777Fs
Photo: Emirates SkyCargoEmirates SkyCargo has announced an order for more Boeing 777 freighters that will be used to expand its all-cargo fleet.The Dubai-headquartered airline has placed a firm order for five 777Fs, on top of its existing order for nine of the model.The aircraft will be used to expand its ...
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NewsDux Logistics appoints new sales manager for France
Source: Dux LogisticsBrazil-headquartered Dux Logistics has appointed Tiago Pauvarel as sales manager for its business unit based in France.Pauvarel has 15 years of experience in sales and operations, having worked for several global coordination companies.According to his LinkedIn profile, this included stints at Bolloré Logistics, CH Robinson, DB Schenker and ...