All News articles – Page 197
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Maersk completes $644m Senator acquisition as it looks to air cargo
Shipping giant AP Moller-Maersk has completed the acquisition of Senator International for $644m as it looks to boost its presence in forwarding and airfreight.Maersk said that Senator brings with it a well-developed airfreight network comprising own controlled flights and long-term partnerships with airlines, a well-established full container load (FCL) and ...
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WFS breaks into India with cargo handling deal in Bangalore
Pictured from left to right are: Pratik Mehta, head - cargo business, Bangalore International Airport Ltd; Hari K. Marar, managing director & chief executive officer, Bangalore International Airport Ltd ; Satyaki Raghunath, chief strategy & development officer, Bangalore International Airport Ltd; Francois Mirallié, group chief financial officer at WFS; Mohammed ...
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Atlas Air takes delivery of latest B747 freighter
Source: Atlas AirAtlas Air has taken delivery of the first of four Boeing B747-8 freighters - one of the last of the model to be built - for use on its recent long-term contract with Cainiao.The aircraft will operate between China, the US, Brazil and Chile on behalf of Cainiao, ...
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GCL swoops on event specialist forwarder ADF
Global Critical Logistics (GCL) has acquired Madrid-based live event specialist forwarder Asesores de Flete, S.A. (ADF).GCL said that ADF, which concentrates on the live event, entertainment, sports, and broadcast industries, will be integrated into ts Rock-it Global brand."Together with Rock-it Global’s extensive presence in Latin America, the ADF acquisition solidifies ...
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Kale Logistics signs with one hundredth airport cargo station
Amar More. Photo: Kale Logistics SolutionsIT solutions provider Kale Logistics Solutions has signed an agreement with its one hundredth airport cargo station.Kale aims to improve air cargo processes at GMR Cargo Hyderabad International Airport (GHIAL) with a air cargo solution that is a combination of its flagship Cargo Community System ...
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Rhenus Air and Ocean adds two new Danish locations
German logistics company Rhenus Air & Ocean has expanded its presence in north-west Europe by opening two new business sites in Copenhagen and Aarhus.Rhenus said the two new Danish offices would strengthen connections with the Netherlands, Belgium, Ireland, Norway, and the UK.Prior to this, Rhenus had already added a new ...
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K+N and LATAM partner to offset flower shipment emissions
Source: LATAMKuehne+Nagel and LATAM Airlines Group will compensate 100% of the emissions generated by the flower shipments they managed together during the recent Mothers' Day season.During the season, thousands of tonnes of flowers were transported from Colombia and Ecuador to North America and Europe.The offsets will be focused on benefiting ...
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DHL begins work on Brisbane Airport cargo facility
DHL breaks ground on Brisbane facility. Photo: DHLDHL Global Forwarding has broken ground on a new 4,880 sq m facility at Brisbane Airport that is due to open in early 2023.A$17m is being invested over ten years for the Australian facility, which according to DHL, will house the largest international ...
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Airfreight volumes fall again in May
General air cargo market volumes fell again in May as the pandemic, Ukraine-Russia war and economic turbulence continued to take their toll.According to Xeneta’s CLIVE Data Services, general air cargo market volumes fell 7% year-over-year in May, following on from declines in April and also in March.Airfreight demand for May ...
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Airfreight rates pick up in May despite demand declines
Airfreight rates on major east-west trades continued to increase on a year ago in May despite analyst figures showing demand declines over the last few months.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that average rates from Hong Kong to North America in May increased by 21.7% ...
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Skye Air Mobility unveils prototype drone
Photo: Skye Air MobilityDrone delivery logistics provider Skye Air Mobility has unveiled its new long-range unmanned aerial vehicle (UAV).Artemis is equipped to carry a payload of 6 kgs with a range of 100 km.It has been designed for inter-city, inter-district, and inter-state cargo movements and has a speed of 100mph ...
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Brussels Airport invests in cargo infrastructure
Photo: Brussels AirportBrussels Airport will invest €70m to further modernise its cargo zone over the next three years in order to meet the growing demand for storage and handling space.By the beginning of 2025, three new modern and sustainable buildings, including parking areas, will be opened in the heart of ...
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Freightos set for listing following merger with Gesher
Source: FreightosCargo booking portal Freightos and Israel-based special purpose acquisition company Gesher I Acquisition Corp. have entered into a definitive merger agreement that will see the portal being listed on the NASDAQ stock exchange.The combined entity will be known as Freightos and will have a pro forma enterprise value of ...
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IAG Cargo restarts key cargo-only services
Source: IAG CargoIAG Cargo is restarting its cargo-only services between London Heathrow and Hong Kong and has restarted its cargo-only London Heathrow-Bangkok service as consumer spending continues to accelerate.Daily flights from London Heathrow-Hong Kong will restart on June 1 and four-times weekly flights between London Heathrow and Bangkok restarted on ...
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Drone Delivery Canada adds university campus flights
Drone Delivery Canada has received certification from Transport Canada to carry out flights between two University of British Columbia medicine sites.The Special Flight Operations Certificate (SFOC) will allow the company to carry out commercial drone delivery for the University's Faculty of Medicine’s ‘Remote Communities Drone Transport Initiative’ (DTI) programme between ...
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IATA's Cargo iQ certifies first African airline
Royal Air Maroc has become the first African airline to be certified by IATA interest group Cargo iQ.The Moroccan airline has successfully obtained its Cargo iQ certification in accordance with the Cargo iQ quality management standards of the airfreight industry.Royal Air Maroc has also been granted two additional stars in ...
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UPS appoints new president for UK, Ireland and Nordics
Rick Fletcher, UPS. Source: UPSUPS has appointed Rick Fletcher as the new president of its UK, Ireland and Nordics business.In his new role, Fletcher will be responsible for managing growth and operations across the business, including "meeting the growing demands of e-commerce, playing an important role as a vital trade ...
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Antonov Airlines' AN-124s transport 200 tonne shipment
Source: AntonovAntonov Airlines working with Chapman Freeborn Germany has successfully completed three AN-124-100 flights to transport a new mobile gas power plant generator from Europe to Africa.The cargo, which included generator, turbine and additional equipment, weighed about 200 tonnes and was transported from Ljubljana in Slovenia to Kano, Nigeria.Antonov Airlines ...
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Etihad Cargo appoints general manager – Americas
Etihad Cargo has appointed Caroline Pappas as general manager – Americas.Based in Chicago, Pappas will report directly to Etihad Cargo's director – cargo commercial west, Mark Faulkner. She will be responsible for establishing new and further developing existing relationships with Etihad Cargo's customers based in North and South America.Pappas joins ...
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Fast growing freighter airline mas expands network to China
Source: masMexico-based freighter airline mas has added flights to China for the first time as it continues its network expansion.The new service will operate between Mexico City International Airport and Zhengzhou Xinzheng International Airport twice per week, before increasing to three times per week in July.There are also plans to ...