All News articles – Page 189
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NewsIATA remains positive for cargo despite latest demand decline
The latest statistics from IATA show that air cargo demand declined again in May but the association is positive for the coming months as production in Asia continues to ramp up following Covid restrictions earlier in the year.The IATA figures show that air cargo demand in cargo tonne-km (CTK) terms ...
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NewsAir Premia goes live with IBS Software's iCargo air cargo solution
Photo: IBS SoftwareSouth Korean start-up airline Air Premia has gone live with IBS Software's iCargo Management solution for its air cargo business.The mid- to long-haul start-up from South Korea was founded in July 2017 and started operations in Aug 2021. With operations based at ICN airport, Air PREMIA flies to ...
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Unexpected airfreight rate stagnation down to fuel prices and a slowing market
Many had expected the opening up of Shanghai and Hong Kong following strict Covid lockdowns to result in a surge in rates from Asia as factories played catch up following months of closure.However, TAC Index figures show that rates actually declined marginally in June compared with May from Hong Kong ...
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Kuehne+Nagel's Klaus-Michael Kuehne increases stake in Lufthansa to 15%
Kuehne+Nagel majority owner Klaus-Michael Kuehne has increased his stake in German airline Lufthansa to 15% to become the airline's largest shareholder.In a shareholder notification on its website, Lufthansa said that Kühne's share in the business had increased from 10% to 15.01% on July 5.It was only in April that Kuehne ...
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NewsRaya responds to growing demand with freighter additions
Source: ST EngineeringMalaysia-based Raya Airways will lease four Airbus narrowbody Passenger-to-Freighter (P2F) aircraft from ST Engineering as it looks to respond to growing demand.The tie-up will see the company lease two A320P2Fs and two A321P2Fs following the conversion of the aircraft by Elbe Flugzeugwerke (EFW), which is the joint venture ...
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NewsAir Charter Service adds new Gatwick office
Alex Sadler. Source: Air Charter ServiceCharter broker Air Charter Service has opened a new office in Gatwick in the UK as part of the firm's growth plans.The new office will be headed up by Alex Sadler who has worked for ACS for more than a decade.The company said that the ...
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NewsCAMEX Airlines takes delivery of first B737-800 Boeing Converted Freighter from BBAM
Boeing 737-800 BCF Photo: BBAMGeorgia-based CAMEX Airlines has taken delivery of its first Boeing B737-800 Boeing Converted Freighter (BCF) from San Francisco, California-headquartered lessor BBAM.The cargo charter airline, based at Tbilisi International Airport, said on its website that it operates B737-800F and 737-800BCF aircraft but does not specify how many ...
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NewsNew MD for time:matters Singapore
Jon Norvald Haugen. Source: time:mattersTime-critical logistics firm time:matters Singapore has appointed Jon Norvald Haugen as its new managing director.Haugen started the role on July 1 and succeeds Wolf-Dieter Schwarz, who led time:matters Singapore since 2013 but has now retired.Prior to his new role, Haugen held various management roles within Lufthansa ...
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Air France-KLM to pay millions in US mail scandal settlement
Air France-KLM has agreed to pay $3.9m to resolve its alleged liability under the US False Claims Act for falsely reporting information about the transfer of US mail to foreign posts or other intended recipients under contracts with the US Postal Service (USPS).This is according to the US Department of ...
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NewsGeodis appoints executive vice president, commercial and marketing
Laurent Melaine. Geodis’ executive vice president, commercial and marketing. Credit: Thomas LaisnéFreight forwarder Geodis has appointed Laurent Melaine as executive vice president, commercial and marketing.He is a member of the executive committee, reporting to Marie-Christine Lombard, chief executive.Melaine began his career at Transports Graveleau and then Dachser, holding various business ...
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NewsAir cargo volumes down again while rates continue to cool
Air cargo demand declined compared with a year ago for the fourth month in a row in June, according to the latest statistics from CLIVE Data Services.Figures from the Xeneta-owned data provider show an 8% year-on-year decline in chargeable weight in June, following on from drops in March, April and ...
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NewsAirforwarders Association appoints new Rock-It Global board member
Jacob Fisher, vice president and general counsel, Rock-It Global, and AfA board member. Photo: Rock-It GlobalThe Airforwarders Association (AfA) has appointed Jacob Fisher, vice president and general counsel at Rock-It Global, to its board with immediate effect.Fisher was elected to fill an interim slot created by the departure of Brendan ...
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Vancouver International Airport adopts community system to meet airfreight growth
Vancouver International Airport (YVR) will implement Kale Info Solutions' Airport Cargo Community System (ACCS) as it looks to meet growing airfreight volumes.A proof of concept of Kale’s ACCS will take place ahead of full implementation of the solution at the airport, which is the second-largest in Canada.The airport hopes the ...
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NewsDynamic International processes UK's first electronic ATA Carnet
Tony Scott, Dynamic International. Source: Dynamic InternationalTime critical logistics firm Dynamic International has processed the UK’s first electronic Temporary Admission (ATA) Carnet at London’s Heathrow Airport using a new app developed by the International Chamber of Commerce (ICC).Dynamic International, working with ATA Carnet provider and sister company Dynamic Dox, transported ...
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NewsWFS decarbonises air cargo facilities at Copenhagen Airport
Solar panels on WFS facility at Copenhagen Airport. Photo: WFSWorldwide Flight Services (WFS) has partnered with NRGreen to power its air cargo facilities at Denmark’s Copenhagen Airport with solar power and decarbonise its operations.The 1.4MW solar power system initiative involves positioning 3,500 high efficiency solar panels across the existing 10,000 ...
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CargoAi joins CargoTech group
Online booking portal CargoAi has joined digital air cargo project CargoTech as the company looks to broaden its reach.Under the CargoTech umbrella, CargoAi will combine forces with ECS Group’s Cargo Digital Factory and Wiremind Cargo.“What CargoTech was missing in its portfolio until now, was an online distribution platform. CargoAi not ...
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NewsDHL eCommerce ramps up near Coventry Airport
Photo: DHLDHL eCommerce Solutions will invest in a new e-commerce hub near Coventry Airport in the UK.The company has announced plans to invest €560m across its UK ecommerce operation, DHL Parcel UK. Nearly half of the investment will be in a new 25,000 m2 hub in SEGRO Park Coventry Gateway, ...
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NewsUK health service trials time-saving drone flights
Source: ApianThe UK's National Health Service (NHS) is trialling the use of drones to transport chemotherapy drugs.The drones will make their debut flights in the coming weeks transporting the life-saving drugs from the pharmacy at Portsmouth Hospitals University NHS Trust to St Mary’s Hospital on the Isle of Wight.Drones will ...
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Saudia Cargo improves financial planning
Saudia Cargo has partnered with Revenue Technology Services (RTS) to improve its financial planning and efficiency.The partnership entails the implementation of revenue planning solution Foresight, pricing solution Accelerate, and revenue management solution Velocity.Foresight helps airlines to determine the value of cargo in a schedule, set revenue and sales targets and ...
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NewsEmirates SkyCargo to expand freighter capacity and launch new China services
Source: Emirates SkyCargoEmirates SkyCargo has taken delivery of its latest Boeing 777F, revealed plans to add new services to China and confirmed that it will convert more aircraft.The brand new freighter, A6-EFU, will replace A6-EFG which went back to its lessor last week, maintaining the carrier's B777F fleet at 11 ...