All News articles – Page 212
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News
Mixed outcome for airlines in battle against air cargo cartel fines
Source: ShutterstockThere was mixed outcome for airlines in their battle against air cargo cartel fines issued by the European Commission.On March 30, the European Union (EU) General Court dismissed the actions brought by Martinair Holland, KLM, Cargolux Airlines, Air France-KLM, Air France, Lufthansa, Singapore Airlines and Singapore Airlines Cargo and ...
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CharterSync lands 250th Covid flight out of China
Photo: CharterSyncCharterSync has landed its 250th flight out of China carrying vital Covid-19 medical supplies including test kits and syringes.Between November 2021 and March 2022, the air cargo charter business facilitated the arrival of 57 flights of Covid-19 syringes and test kits into the UK, with an additional 193 flights ...
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Menzies and NAS finalise £571m takeover deal
Menzies will recommend to shareholders a takeover offer from Agility subsidiary National Aviation Services (NAS) that values the company at £571m.The two companies today announced they reached agreement on the terms of a recommended cash offer to acquire 100% of the ordinary shares in Menzies at a price of £6.08 ...
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Logistics firms predict Shanghai lockdown airfreight disruption
Global logistics firms are anticipating disruption, delays and price increases for air cargo supply chains in Shanghai following the start of a nine-day Covid lockdown in the city.Shanghai started a two-phase lockdown on March 28. From this date until April 1, the city’s east side, including Pudong, will be locked ...
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New chief executive for FedEx as founder Smith takes new role
FedEx Corp will gain a new chief executive in June when Raj Subramaniam steps up to take over from company founder Fred Smith.Effective June 1, current chairman and chief executive Fred Smith will become executive chairman. Meanwhile, current president and chief operating officer Raj Subramaniam will be promoted to president ...
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DHL adds extra freighters through Cargojet tie up
DHL B777. Source: DHL ExpressDHL Express has entered into a long-term agreement with freighter operator Cargojet that could potentially see the express firm acquire shares in the freighter company.The five-year deal, with options for an extra two years, will see Cargojet provide an extra five B767 freighters in addition to ...
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Antonov seeks funding to build AN-225 replacement
Antonov has issued an appeal to raise funds to replace its unique AN-225 "Mriya" aircraft that was recently destroyed during the conflict in Ukraine.The Ukranian aircraft design and manufacturing company issued a statement on Facebook on March 25 that said it plans to establish an international fund to enable the ...
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Qatar Cargo teams up with CargoWise on e-bookings
Software firm WiseTech Global's freight forwarder users will be able to book space on Qatar Airways Cargo flights after the two announced a new e-booking partnership.The eBooking connection between WiseTech’s CargoWise platform and Qatar Airways Cargo management system, CROAMIS, enables freight forwarders using CargoWise to choose their flight and confirm ...
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Lufthansa Cargo and cargo.one debut auto assigned AWBs
Source: cargo.oneLufthansa Cargo and cargo.one have launched a joint initiative that removes the prerequisite for freight forwarders to hold valid Air Waybill (AWB) stock before making an air cargo booking.cargo.one users can now book Lufthansa Cargo’s global capacities and have an AWB automatically assigned.Freight forwarders using cargo.one to book shipments ...
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Rates decline in March despite Ukraine crisis and Covid restrictions
Airfreight rates on major east-west trade lanes declined in March despite the impact of the Ukraine crisis on airfreight and supply chain disruption in Asia caused by Covid.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that in March rates on services from Hong Kong to North America ...
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WestJet Cargo targets air cargo growth with GTA Group
WestJet Cargo, Boeing 737-800NG freighter. Photo: WestJetCanada-based airline WestJet Cargo is partnering with ground handler the GTA Group to increase shipping capacity using four dedicated Boeing 737-800NG freighters operated by WestJet, to fulfil overnight express cargo demand out of WestJet's Toronto hub.The partnership is expected to support the expansion and ...
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Xeneta appoints freight forwarding vice president
Scott Irvine. Photo: XenetaXeneta has appointed Scott Irvine as vice president of freight forwarding.Irvine has worked in the logistics industry for over two decades, holding senior leadership roles across both shippers and freight forwarders. Most recently he was the vice president of air & ocean for digital freight forwarder Zencargo.At ...
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European Cargo announces growth accelerator investment
Photo: European CargoEuropean Cargo Limited has closed a minority equity investment that will be partly used for converting the company’s A340 fleet to full cargo freighters.The minority equity investment has been made by Priority 1 Logistics Holdings LLC, a newly-formed subsidiary of US-based, Priority 1 Holdings LLC.Proceeds of the investment ...
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Air Canada Cargo adds capacity to booking portal WebCargo
Air Canada Cargo is expanding its e-booking presence by placing its capacity on online platform WebCargo.The move will allow the airline's freight forwarder customers to view real-time pricing and make bookings on its aircraft.Air Canada capacity will begin to appear on the platform in the next few weeks, the carrier ...
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Platform tackles new house air waybill requirement at Frankfurt
Photo: Fraport GroupForwarders and handlers have reported faster processing for import consolidations following the implementation of a new platform at Frankfurt Airport that aims to tackle new house air waybill requirements.The new FRA-OS import platform from Dakosy, which tracks shipments electronically on the airport premises, was put in place following ...
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AGI invests in tech and space to mitigate Chicago cargo congestion
Photo: Alliance Ground InternationalUS ground handler Alliance Ground International (AGI) has invested $100,000 in a new cargo control centre system that will help overcome congestion at Chicago O'Hare and has also expanded capacity.AGI recently added what it calls an Operations Control Centre (OCC) to its Chicago operation. The OCC brings ...
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ATSG publishes first sustainability report
Source: ATSGAir Transport Services Group (ATSG) has published its first sustainability report, showing how its technology investment is aiding decarbonisation.The inaugural sustainability report from the global lessor of freighter aircraft highlights progress in the company’s Environmental, Social and Governance (ESG) practices and initiatives, and covers achievements in key focus areas ...
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Air New Zealand cargo flights backed by government
Air New Zealand has been awarded a further twelve months of support for cargo flights under an extension of the government’s Maintaining International Air Connectivity scheme (MIAC scheme).This contract is for freight capacity operating from April 1 2022 to March 31 2023.Under the most recent extension, the airline has been ...
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Milestone reached on Hong Kong International expansion
Flight checks on Hong Kong International's new third runway began over the weekend with operations expected to start later this year.The airport authority said that the flight check started on March 26 in collaboration with the Civil Aviation Department and the Flight Inspection Center of Civil Aviation Administration of China.The ...
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TIACA launches industry first sustainability programme
Photo: petrmalinak/ ShutterstockThe International Air Cargo Association (TIACA) has officially launched the “BlueSky program”, the air cargo industry’s first sustainability assessment, validation and verification programme.TIACA said the sustainability programme is a tool that air cargo industry stakeholders can use to track their sustainability progress, benchmark against peers and accelerate the ...