All News articles – Page 150
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NewsIATA: Mixed signals for cargo as demand drops in November
There are mixed signals regarding air cargo's outlook after November saw another double-digit percentage decline in demand.The latest IATA statistics show that airfreight demand in cargo tonne km terms (CTK) declined by 13.7% year on year in November.Capacity for the month fell by 1.9% against last year and load factors ...
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Comac launches freighter conversion programme for ARJ21
Chinese airframer Comac has completed design work on a programme to convert the ARJ21 airliner into a freighter.The project to develop a freighter conversion variant of the ARJ21 commenced in May 2020, and involved preliminary and detailed design, aimed at understanding the modifications necessary.Comac did not state when the first ...
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US Lincoln Airport to be styled as air cargo hub
Lincoln Airport in Nebraska, US will receive $65m investment that aims to turn it into an air cargo hub with e-commerce expected to be a driving force.Governor-elect Jim Pillen, the Lincoln Airport Authority (LNK) and Burrell Aviation, a division of The Burrell Group, have announced the development with a ground-breaking ...
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NewsQatar Cargo continues lithium battery safety focus with CEIV standard
Source: Qatar CargoQatar Cargo and handler Qatar Aviation Services have gained IATA CEIV Lithium Battery (CEIV Li-batt) certification in a bid to continue countering the risk posed by lithium battery shipments.The CEIV Li-batt certification programme aims to ensure the various elements of the supply chain involved in the shipment of ...
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NewsStrike Aviation looks ahead to a cargo recovery in the second-half
Andrius Antanaitis. Source: Strike AviationGSSA Strike Aviation is expecting that the air cargo market will pick up in the second half of the year following a tough opening six months.The company said that it expects the market slowdown experienced last year to continue in the first part of the ...
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NewsFlexport adds another ex-Amazon exec to management team
Teresa Carlson, president and chief commercial officer. Photo: FlexportFlexport has appointed former Microsoft and Amazon executive Teresa Carlson as president and chief commercial officer.She will oversee Flexport's sales, marketing and communications, as well as its humanitarian aid and sustainability arm arm Flexport.org.Carlson will also spearhead the company's expansion in new ...
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DHL: Demand down but hope as inflation expected to ease
DHL Global Forwarding’s December 2022 ‘Airfreight State of the Industry’ report painted a fraught operating landscape but the outlook isn't entirely gloomy.Following November's low volumes, demand continued to remain reduced on most trade lanes and is likely to continue into 2023, said the report.DHL said that e-commerce shipments only added ...
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NewsFirst project shipment for K+N’s B747
Source: Kuehne+NagelKuehne + Nagel (K+N) has completed its first engine shipment using its Boeing 747-8F aircraft.The team in Chicago transported a nine-tonne Rolls Royce aircraft engine onto its B747-8F aircraft – named Inspire – from Chicago to Hong Kong.According to K+N, it took four people, three pieces of machinery and ...
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US SMEs explore nearshoring to avoid supply chain disruption
US small- and medium-sized enterprises (SMEs) are moving their supply chains closer to their home market at a faster rate than predicted to help minimise supply chain disruption.A survey from Gartner-owned consultant Capterra shows that 88% of the 300 SMEs surveyed plan or are currently in the process of switching ...
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NewsBamboo Airways debuts cargo airline
Pham Dang Thanh (right) at cargo division launch event. Photo: Bamboo AirwaysVietnamese airline Bamboo Airways has launched cargo carrier Bamboo Airways Cargo JSC (BAC).The company said in a press release on January 3: “This is the airline’s latest movement in the overall strategy to build an aviation ecosystem, develop Bamboo ...
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NewsJason Berry leaves Air Canada to join Horizon Air
Alaska Air Group subsidiary Horizon Air has named Jason Berry as senior vice president of operations.Berry rejoins the Alaska Air Group after two years as vice president of cargo at Air Canada. “We couldn’t be happier to welcome Jason back,” said Horizon Air president Joe Sprague. “Adding talented operational leaders ...
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Rates end 2022 on a flat note but ahead of pre-Covid levels
Airfreight rates on key trade lanes ended the year on a flat note, but remain above pre-Covid levels.The latest statistics from the Baltic Exchange Airfreight Index (BAI) show that average rates – both contract and spot – paid by forwarders on services from Hong Kong to North America in December ...
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Air Cargo News' most read in 2022
Last year was another turbulent year for the air cargo industry as the rapid growth experienced in 2021 turned to decline and capacity began to open up as passenger networks re-opened.Despite the demand declines, volumes stayed ahead of pre-Covid levels and rates remained far above the levels achieved in 2019 ...
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HAFFA gets dangerous goods training go ahead
The Hong Kong Association of Freight Forwarding and Logistics (HAFFA) said it has become the first and only trade association to receive accreditation from the Hong Kong Civil Aviation Department (HKCAD) to organise dangerous goods (DG) awareness self study examinations under the Competency-Based Training and Assessment (CBTA).Dangerous goods awareness and ...
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NewsCLIVE: Dig deeper for true air cargo market picture
The air cargo industry is holding its own given the economic pressures it faced last year and despite a consistent drop in demand.According to the latest industry analysis by Xeneta-owned CLIVE Data Services, in December, chargeable weight fell 8% year on year and the general airfreight spot rate registered its ...
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FFAF Cargo launches subsidiary in India
Canadian freight forwarder FFAF Cargo is moving forward with expansion in Asia following the launch of a subsidiary in India in the last quarter of 2022.FFAF Logistics India has been launched as India continues to develop in diverse industries, said FFAF Cargo, a subsidiary of Flying Fresh Air Freight.Karthi Baskar ...
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Biesterfeld exits as CH Robinson CEO
CH Robinson chief executive Bob Biesterfeld has stepped down from the role to be replaced on an interim basis by Scott Anderson, chair of the board of directors.The freight broker and forwarder said that it has commenced a search for a new chief executive and has retained recruitment firm Russell ...
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NewsMaersk completes Martin Bencher acquisition
Martin Bencher employees. Photo: MaerskMaersk has completed the acquisition of Danish project logistics specialist Martin Bencher Group as it strives to diversify its supply chain offering.The deal, announced in August last year, has an enterprise value of $61m and will allow the shipping giant to launch Maersk Project Logistics.Founded in ...
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NewsFirst SAF flight completed from Brussels Airport
Source: Brussels AirportThe first flight of an aircraft powered by Sustainable Aviation Fuel (SAF) supplied by pipeline at Brussels Airport took off on January 1.The flight was completed by Brussels Airlines from the Belgian airport to Malaga following the first delivery of SAF to the airport via NATO's Central Europe ...
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Newsdnata breaks ground on $14m Iraq cargo warehouse
dnata cargo warehouse at Erbil International Airport. Photo: dnataGround handler dnata has broken ground on its new, 20,000 sq m cargo warehouse at Erbil International Airport (EBL) in Iraq that will be capable of processing 100,000 tonnes of cargo annually.Scheduled for completion in September 2024, the cargo warehouse will be ...