All News articles – Page 184
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NewsAir cargo ground handling companies face fierce competition
James Wyatt, general manager of aeroconcept. Source: AeroclassCompetition between air cargo ground handlers has ramped up to an “aggressive” level since the start of the Ukraine-Russia war took capacity out of the market.James Wyatt, general manager of Leipzig, Germany-based aviation consulting business aeroconcept, said this loss of capacity has naturally ...
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Cathay Pacific Cargo predicts muted peak season
Cathay Pacific Cargo is expecting a muted peak season while it continues to add passenger flights and faces cross-border trucking issues.Updating on current market conditions, Cathay Pacific head of cargo sales for Hong Kong and the Greater Bay Area (GBA) Frank Yau said that demand out of Shanghai was expected ...
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CargoLogic Germany insolvency proceedings imminent
Insolvency proceedings are expected to be opened imminently against CargoLogic Germany (CLG), according to the airline's administrator.In an update, a spokesperson for insolvency administrator Lucas Flöther said that the company will soon need to start paying staff wages again. Those costs were previously secured for three months as part of ...
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NewsAirblox grows trading platform with the addition of HPW Cargo
Edip Pektas, founder, Airblox. Photo: AirbloxVietnamese freight forwarder HPW Cargo has become the first Southeast Asian company to join online air cargo capacity trading platform Airblox.Airblox is an online marketplace that enables brokers, freight forwarders, and airlines to trade air cargo capacity in the form of standardised electronic block space ...
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NewsEtihad Cargo sees first-half revenues rise despite volume decline
Etihad Cargo reported a first-half increase in cargo revenues despite a drop in volumes as a result of a ramp-up of passenger operations.The Abu Dhabi-headquartered airline reported cargo revenues of $802m in the first half of 2022, representing an increase of 6% on the same period last year, despite a ...
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NewsAir France KLM sees cargo volumes tumble in Q2
Air France KLM (AF KLM) saw cargo revenue growth flatten and volumes decline in the second quarter as the group switched aircraft away from Asia.The airline group said that second-quarter revenues increased by 2.6% year on year to €918m, while cargo traffic dropped by 17.2% on last year to 1.7bn ...
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NewsKerry Logistics expands with Hong Kong-Alabama charter flights
Kerry Freight Controlled Network provides four charter flights a week from Hong Kong to Huntsville, Alabama. Photo: Kerry Logistics NetworkKerry Logistics Network is ramping up its Kerry Freight Controlled Network (KCN) with four charter flights a week from Hong Kong to Huntsville, Alabama in the US.Weekly direct flights depart from ...
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NewsBlue Dart to add Boeing 737-800 freighters
Blue Dart office. Photo: Blue DartExpress air and integrated transportation and distribution company Blue Dart Express plans to add two Boeing 737-800 freighter aircraft.Part of Deutsche Post DHL Group’s DHL eCommerce Solutions division, Blue Dart operates throughout India and aims to expand its network with the freighters.“To encash the growth ...
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NewsAir China selects WFS for Liege freighter handling
Air China B777F. Source: WFSAir China has commenced a new three-year cargo and ramp handling agreement with Worldwide Flight Services (WFS) in Liege.The airline operates four Boeing 777 freighter flights a week to Liege from Hangzhou Xiaoshan International Airport, the capital of Zhejiang Province, returning to China via Madrid.WFS expects ...
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Turkish Cargo partners with YTO on Tashkent flights
Turkish Cargo is partnering with express carrier YTO Cargo Airlines on flights connecting China, central Asia and Turkey.The agreement will see YTO Cargo Airlines operate four flights per week between Xi'an and Tashkent.The capacity of the flights is being utilised entirely by Turkish Cargo, the partners said."According to this co-operation, ...
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NewsIAG Cargo sees revenues fall in Q2
IAG Cargo registered declines in both freight traffic and revenues in the second quarter of the year.The cargo business saw second-quarter cargo revenues decline by 1.9% year on year to €411m, while traffic was down 5% on last year to 949m cargo tonne km.The decline in demand reflects overall market ...
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FedEx to expand Asia Pacific hub to meet long-term growth
FedEx Express will build a new express centre at Guangzhou Baiyun International Airport as part of its long-term expansion plans.The company has signed an agreement with Guangdong Airport Authority Logistics Company to build a 41,000 sq m facility that will more than double the size of its current gateway at ...
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NewsXwing expands cargo fleet as it continues push for autonomous flying
Source: XwingUS tech-startup Xwing has expanded its cargo fleet through two recent acquisitions as it looks to secure approvals for autonomous operations.The tech firm has followed up last year's purchase of AirPac Airlines with Texas-based FAA Part 135 cargo carrier Martinaire Aviation.These acquisitions, combined with organic growth, now bring Xwing’s ...
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DB Schenker sees profits take off despite volume declines
DB Schenker saw its revenues and operating profits rapidly increase in the first half of the year despite a decline in volumes.The company, which was the strongest performing division in the Deutsche Bahn (DB) Group, reported a 35.8% year-on-year increase in total sales to €14.2bn in the first half and ...
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NewsJAL Cargo joins cargo.one portal
Hiroo Iwakoshi, Japan Airlines (L) and Moritz Claussen, cargo.one (R). Source: cargo.oneJapan Airlines Cargo (JAL Cargo) will place its capacity on online booking portal cargo.one as it looks to expand its reach.The agreement means that freight forwarders will be able to search, book, amend and track the carrier's capacity in ...
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K+N predicts ongoing reliance on freighters in air cargo
Kuehne+Nagel (K+N) is expecting freighter capacity to continue to dominate the airfreight market for the coming quarters, while it also has no concern about reports of high inventory levels in the US.Speaking after announcing the company's second-quarter results, K+N chief executive Detlef Trefzger was asked what the impact of the ...
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Lufthansa union promises no more strikes until talks get underway
The union representing Lufthansa's ground workers - including cargo - in Germany has promised there will be no more last-minute strikes at least until pre-planned talks get underway.Lufthansa had to cancel 1,000s of flights this week and cargo operations were also affected after the the ver.di union organised strike action ...
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NewsDHL Express starts work on new Munich facility
Source: DHL ExpressDHL Express Germany has started construction of a new 11,000 sq m facility at Munich Airport as it looks to meet growing demand in the region.The €104m facility will be almost seven times larger than the warehouse DHL Express currently rents at Munich Airport's cargo center.It will have ...
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Hong Kong faces more cross-border trucking restrictions
Supply chains operating through Hong Kong are once again facing restrictions on cross-border truck operations due to Covid-restrictions.Freight forwarder Dimerco said that increasing Covid cases around Shenzhen have led to the city reducing daily cross-border truck movements from 3,500 to 1,500.The restrictions began on July 25 and reduce truck capacity ...
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NewsNAM flies cars and equipment for the World Rally Championships
Source: Network Airline ManagementFreighter manager Network Airline Management (NAM) has transported cars and equipment for the World Rally Championship (WRC) from Nairobi, Kenya to Liege, Belgium.Utilising NAM’s regular scheduled B747F freighters from Nairobi to Liege, the flights were loaded with several Hyundai and Ford rally cars, tools, spares, and support ...