All News articles – Page 22
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NewsDSV signs deal to takeover DB Schenker and create world's largest forwarder
DSV has confirmed reports that it has signed a deal to take over German logistics giant DB Schenker in a move that will create the world's largest freight forwarder.In an update issued this morning, the Danish forwarder said it had agreed to buy DB Schenker from state-owned railway firm Deutsch ...
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NewsVirgin Cargo appoints ECS Group as Europe GSSA
Photo: Virgin AtlanticVirgin Atlantic Cargo has confirmed the appointment of ECS Group, through its subsidiary TCE, as its new General Sales & Service Agent (GSSA) in continental Europe.Implementation of the deal will start from later this year in a phased approach. Initial representation will cover exports from the Netherlands, Denmark ...
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NewsSwissport steps up shift to electric vehicles
Photo: SwissportFrom January next year Swissport will strengthen its sustainability credentials with a rule stating many types of new vehicles can only be ordered in electric versions.The directive includes vehicles for baggage transport, conveyor belts for loading luggage onto aircraft, mobile staircases for passenger boarding, light & medium forklifts, and ...
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NewsAsia Airfreight Terminal to handle cargo for Fly Khiva in HK
Photo: Asia Airfreight TerminalSATS-owned Asia Airfreight Terminal (AAT) has been selected as the preferred cargo handler for Fly Khiva Group in Hong Kong.Tashkent, Uzbekistan-based cargo carrier Fly Khiva launched its inaugural flight to Hong Kong on August 2.The airline has commenced two weekly flights between Hong Kong and Liège via ...
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Cathay ends Covid financial ties with government
Hong Kong-based Cathay Pacific Airways has completed the buyback of all of the warrants it had issued to the Hong Kong SAR (HKSAR) Government in 2020 as part of its pandemic-induced recapitalisation.The total consideration paid for the warrants buyback was about HK$1.53bn. On July 31, Cathay redeemed the remaining 50% ...
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NewsReports: DSV set to win the race to buy DB Schenker
DSV has reportedly won the race to purchase DB Schenker in a $14bn deal that would create the world's largest freight forwarder.Newswire Reuters said that the Danish forwarder had beaten off competition from a CVC-led private equity consortium to buy Schenker, with the deal to be signed off in the ...
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DHL Express adds capacity for Q4 peak
DHL Express is investing over €100m in transport and handling capacity to meet expected demand during the fourth quarter peak season.Investment in aviation capacity in the fourth quarter of 2024 includes the introduction of additional large and medium widebody aircraft and supplementary flights with existing aircraft, particularly on intercontinental routes, ...
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Lufthansa Cargo expands to the transpacific as capacity crunch looms
Lufthansa Cargo is launching its first direct service from Asia to the US as market demand from the region continues to surge.The carrier today announced it would add a new Boeing 777 freighter service operating with a loop of Frankfurt, Ho Chi Minh, Los Angeles International and Frankfurt.It will also ...
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NewsGovernment urged to act on "alarming" Air Canada strike threat
A group of business organisations have urged Canada’s federal government to take action to avoid an Air Canada strike that would hit cargo operations and “significantly disrupt Canada’s supply chain”. In a letter to Steven MacKinnon, Minister of Labour and Seniors, the organisations said that the potential for labour disruption ...
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NewsE-commerce fuelled capacity crunch to continue
Air cargo looks set to continue its precedent-setting volume growth driven by booming e-commerce and have a long-term bright future despite a looming capacity crunch, a keynote speaker at the EU Cross-Border E-commerce Forum, held in Liege, Belgium on September 10, said.“We had eight straight months of double-digit growth,” Ryan ...
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NewsAir Charter Service arranges complex AN-124 charter
Source: Air Charter Service (ACS)Air Charter Service (ACS) recently arranged the delivery of two aftercoolers, weighing almost 50 tons each, from Italy to an offshore oil platform that was being constructed in Indonesia.The charter company used an Antonov 124 freighter due to the heavy weight of the shipment. The aftercoolers ...
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Swissport is certified for pharma in Madrid and Barcelona
Swissport's cargo centers in Madrid (MAD) and Barcelona (BCN) have achieved Good Distribution Practice (GDP) certification for pharmaceutical handling.The ground handler said in a LinkedIn post today that the certification would strengthen its pharmaceutical logistics business."This certification highlights our commitment to the safe handling, storage, and transportation of medicines and ...
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Cathay Cargo continues product update with courier upgrade
Cathay Cargo has added piece-level tracking to its express courier service as the airline continues to update its service offering.The airline said that the updated Cathay Courier service included track-and-trace options during the transportation of shipments, which made it ideal for high-value or bespoke e-commerce shipments, personal items and documents.The ...
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NewsLATAM Cargo triples flights at Brussels Airport
Photo: Brussels Airport LATAM Cargo will next month triple the number of flights it carries out to Brussels Airport to boost transport of perishables and pharmaceuticals. Santiago, Chile-headquartered LATAM Cargo has been operating to Brussels Airport with four flights a week since March 2023, but will up ...
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Menzies expands in Africa with latest cargo facility
Ground handler Menzies Aviation has expanded its presence in Africa with the opening of a new cargo facility at Maputo International Airport (MPM) in Mozambique.Menzies Aviation has been operational at MPM since 2018, operating as National Aviation Services until 2022 and providing two lounges.The new facility means that Menzies can ...
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NewsPenseel joins Maastricht Aachen Airport board
Peter Penseel. Photo: DeltaDelta Airlines cargo president Peter Penseel has joined Maastricht Aachen Airport's (MST) new supervisory board.Penseel brings over 30 years of experience in airfreight, including senior roles at Qatar Airways, DHL Global Forwarding, UTi, and CEVA Logistics.“Maastricht Airport is looking to the future with a new chief executive, ...
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NewsUPS grows healthcare logistics capabilities with acquisitions
Photo: UPS UPS has struck a deal to grow its healthcare logistics capabilities with the acquisition of Germany-based Frigo-Trans and its sister company BPL. Once completed, the acquisitions will boost end-to-end temperature-sensitive and time-critical logistics services throughout Europe, said the US-headquartered company. “The fast-paced innovation in the ...
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NewsCainaio to add more e-commerce logistics hubs
Wan Lin, Cainiao. Source: CainiaoAlibaba-owned Cainiao Group has revealed plans to add more global e-commerce logistics hubs (e-Hubs) that are likely to boost air cargo volumes at the chosen sites.The e-commerce logistics giant said that the new facilities would create a shared infrastructure "that supports all e-commerce platforms, merchants, and ...
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NewsAerios charter management app launches
Simon Watson. Photo: AeriosAir cargo charter software company Aerios has released a charter management system app that organises data to create efficiencies and maximise revenue.The CargoTech member's charter management system integrates with flight operations, CRM and communication systems to create a single digital workflow and is designed to increase efficiency ...