All News articles – Page 24
-
NewsPeak practise as August air cargo spot rates up nearly 25%
Air cargo spot rates were sky high in August as demand and capacity imbalances continued, flanked by additional e-commerce and Red Sea shipping disruption-related demand.Average spot rates showed their largest year-on-year growth of 24%, according to the latest monthly analysis by Xeneta.Global average air cargo spot rates were recorded at ...
-
NewsOwen Mumford extends with Davies Turner
Source: Davies TurnerMedical device firm Owen Mumford has renewed its logistics partnership with Davies Turner for an additional three-year term.The renewed contract will continue to see Davies Turner providing UK logistics solutions, EU exports, including airfreight, and NHS fulfilment services, for Owen Mumford.Davies Turner, operating from one of its logistics ...
-
News
Forwarders warn of air cargo peak season capacity crunch
Freight forwarders are warning of an air cargo capacity crunch out of key Asian markets during the peak season as new product launches and e-commerce demand put pressure on an already strained market.In its latest update, Taiwan-headquartered company Dimerco said that the rise in e-commerce demand experienced this year was ...
-
News
Qantas Freight expands Asia capacity following freighter addition
Qantas Freight will add new frequencies to Asia and New Zealand following the addition of an extra Airbus A321 converted freighter.The Sydney-headquartered airline said the delivery of the A321 freighter will allow it to capitalise on rising demand out of Asia.With this in mind, the carrier plans to add a ...
-
News
Reports: DSV outlines job and investment plans if it lands DB Schenker
DSV has reportedly outlined how it would protect jobs and invest in DB Schenker following a leading German union expressing concern over job losses if the Danish forwarder is successful in its takeover bid.Last week German trade union Ver.di is said to have written to the Deutsche Bahn board suggesting ...
-
News
Asia Pacific airlines tackle compliance with CHAMP technology
CHAMP Cargosystems has shared that a growing number of Asia Pacific airlines have signed up to use its technology supporting air cargo compliance with customs and security measures.The IT company said that there is a demand for software solutions that simplify regulatory compliance in line with government bodies requesting more ...
-
News
Canada joins the US in implementing stricter requirements for European air cargo shipments
Canada has joined the US in the sudden implementation of stricter security requirements for Europe- and CIS-based air cargo shippers importing goods into the country. Following the announcement of the new requirements, Air Canada Cargo warned shippers that they face an embargo unless they can meet the new requirements. The ...
-
News
MASKargo seeks to expand in Asia with 737-800 freighter operations
Malaysian cargo airline MASkargo, officially MAB Kargo (Malaysia Airlines Berhad Cargo) is seeking to expand its regional Asia operations by partnering with a Boeing 737-800 freighter operator.According to a tender notice issued by Malaysia Aviation Group (MAG), the Kuala Lumpur International Airport-hubbed cargo carrier is looking for a freighter operator ...
-
News
Cathay Pacific targets September 7 for return of grounded A350s
Cathay Pacific is aiming to have its full fleet of A350 aircraft back in the skies by September 7.The Hong Kong-hubbed airline was forced to ground 15 out of its 48 A350s when it was identified that engine fuel lines required replacement.The issues came to light when an aircraft was ...
-
NewsSwissport begins Qatar handling contact for Vienna-Doha flights
Photo: SwissportSwissport has begun air cargo handling services for Qatar Airways' new weekly freighter flights between Vienna International Airport in Austria and Hamad International Airport in Doha."This marks a significant milestone for Swissport as we expand our operations in Vienna and solidify our position as a leading provider of air ...
-
NewsWFS wins Magma Aviation handling contract at Liege Airport
Magma Aviation 747-400F. Photo: Magma AviationWorldwide Flight Services (WFS) has won a new multi-year ramp and warehouse cargo handling contract with UK freighter firm Magma Aviation at Liege Airport (LGG).Starting this month, WFS will provide ramp and warehouse cargo handling for a minimum of five regular Boeing 747-400 freighter flight ...
-
NewsGroup Concorde to manage IAG Cargo sales in 8 countries
Photo: IAG CargoIAG Cargo has appointed Group Concorde as its General Sales Agent (GSA) across eight countries.The partnership aims to optimise cargo operations and customer service in Cambodia, the Philippines, Myanmar, Malaysia, Indonesia, Vietnam, Australia and New Zealand.Over the next three months, Group Concorde will assume responsibility for cargo sales ...
-
NewsANA's first AeroSHARK freighter takes flight
Photo: ANAAll Nippon Airways' (ANA) first 777 freighter equipped with Lufthansa Technik’s and BASF’s jointly developed AeroSHARK technology to reduce drag and emissions has begun operations.The first modified Boeing 777F (JA771F) began scheduled cargo flights on September 2. ANA also has plans to extend the AeroSHARK technology to a passenger ...
-
NewsScan Global seals deal for Blu Logistics Brasil
Scan-Global-Logisitcs.jpg Photo Scan Global Logistics Scan Global Logistics (SGL) has completed the acquisition of freight forwarder Blu Logistics Brasil Transportes Internacionais LTDA to extend its business in Latin America. The Danish forwarder announced in July that it had signed an agreement to buy the forwarder, which last ...
-
NewsDP World acquires Cargo Services Far East
Photo: DP WorldDP World has completed the acquisition of Hong Kong-headquartered Cargo Services Far East Ltd to expand into retail and fashion logistics and grow its airfreight business.Logistics service provider, Cargo Services employs over 2,500 people in Greater China and across Asia, Europe, South Africa and the US.Founded in 1989, ...
-
NewsSingapore Airlines places capacity on CargoAi's booking portal
Photo: CargoAiSingapore Airlines has placed its capacity on CargoAi's online booking portal, CargoMART to enable forwarders to book airfreight shipments through the platform.The airline's decision will open up its capacity to more than 16,000 freight forwarders across more than 130 countries who regularly use CargoMART.With the addition of Singapore Airlines’ ...
-
News
Leading German union backs CVC bid for DB Schenker
Leading German trade union Ver.di has reportedly given its backing to the CVC-led private equity consortium bidding to take over DB Schenker over fears of job losses should DSV be successful.According to Bloomberg, research from the union has indicated that more jobs would be lost at the forwarder because the ...
-
NewsLufthansa Cargo appoints vice president Asia Pacific
Elodie Berthonneau. Photo: Lufthansa CargoLufthansa Cargo has appointed Elodie Berthonneau as vice president of Asia Pacific from October 1.Based in Singapore, Berthonneau will head up the sales and handling organisation in Asia Pacific. This includes China, Japan, South Korea, Thailand, Vietnam, Singapore, Malaysia, Indonesia, Philippines and Oceania.Berthonneau joins Lufthansa Cargo ...
-
NewsBangladesh air cargo rates still elevated
Air cargo rates out of Bangladesh were still elevated in the last full week of August as a range of issues has hit supply chains from the country over the past year.Data from Xeneta shows that rates from Bangladesh were up 163% year on year in the week ending August ...
-
NewsWFS Holland to swoop on Menzies World Cargo Amsterdam
Source: WFSWorldwide Flight Services (WFS) Holland will purchase Menzies World Cargo (Amsterdam) as it looks to expand its presence at Schiphol Airport.The SATS Group-owned cargo handler said that its operation at Schiphol was close to capacity and the deal would bring extra warehouse space to enable it to capitalise on ...