All News articles – Page 246
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NewsDSV: Supply chain constraints to continue into next year
DSV is expecting supply chain constraints and higher pricing to continue beyond the traditional peak season.Speaking to Air Cargo News, the Denmark-based forwarder's chief operating officer Jens Lund explained that there was no sign of the issues in ocean shipping or airfreight clearing up."The Chinese New Year [starting February 1]... ...
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GA Telesis returns for six more B737-800 conversions
GA Telesis has placed an order for an additional six B737-800SF freighter conversions with Aeronautical Engineers, Inc. (AEI).The first aircraft of this new order will commence modification in March 2022, and all modification and maintenance requirements will be performed by the authorized AEI Conversion Center, Commercial Jet.The remaining aircraft are ...
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NewsDSV's Q3 air volumes boosted by Agility GIL takeover
DSV saw its airfreight volumes and revenues grow by double-digit percentage levels during the third quarter of the year on the back of market growth and its Agility GIL takeover.The forwarder saw its third-quarter airfreight revenues increase by 78.7% year on year during the period to DKr18.4bn and volumes were ...
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Airfreight is Latin American aviation’s real pandemic winner
The transport of cargo was a key driver of Latin American passenger carriers’ success in maintaining their operations during the pandemic, as they went without government financial aid while transporting essential freight to fight Covid-19.And the airlines see that market only growing further in the future.That’s the conclusion of a ...
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Lufthansa Cargo opts for WFS for handling in Brazil
Lufthansa Cargo has awarded a three-year cargo handling contract to Worldwide Flight Services (WFS) at São Paulo–Guarulhos International Airport.The contract covers cargo carried onboard the German carrier's passenger, freighter and ‘preighter’ services.The agreement, which commenced this month, is WFS’ first contract including cargo-only operations in Brazil.Lufthansa Cargo offers daily Boeing ...
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Maersk set to swoop on Senator International?
Shipping giant AP Moller Maersk is in discussions to takeover Hamburg-based freight forwarder Senator International.Air Cargo News sister publication DVZ reports that the talks are at an advanced stage and a deal could be announced this week.Both companies declined to comment to DVZ.The deal would continue Maersk's push into supply ...
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Frankfurt-Hahn files for bankruptcy with Senator taking steps to secure operations
Flights are continuing at Germany's Frankfurt-Hahn airport despite the facility filing for bankruptcy, but forwarder Senator International has moved some of its operation away as a precaution.Air Cargo News sister title FlightGlobal reports that Jan Markus Plathner from Frankfurt-based Brinkmann & Partner has been appointed as administrator.Financing is being sought ...
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NewsCargo Force set for expansion following US Postal win
Cargo Force Seattle. Source: Cargo ForceHandler Cargo Force will open four new US facilities after winning a new contract with the US Postal Service (USPS).The new contract for mail and express services will last seven years and is worth $100m.The new facilities to be opened by Cargo Force are located ...
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NAS expands cargo presence in Kenya through Siginon partnership
National Aviation Services (NAS) has acquired a 51% stake in Siginon Aviation which provides airport ground handling and cargo management services at two Kenyan airports.The deal means that NAS has expanded its presence in Africa through the addition of Nairobi and Eldoret airports in Kenya.NAS group chief executive Hassan El-Houry ...
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Conversions in demand as all-cargo flights continue to soar
Demand for freighter conversions is expected to remain strong over the coming years as the number of freighter flights surges compared with pre-pandemic levels.The latest figures from consultant IBA show that in September there were 132,000 freighter flights compared with 95,000 during the same month in 2019.IBA added that at ...
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Cathay Pacific hikes transpac BSA prices as market surges
Cathay Pacific Cargo is hiking its block space agreement (BSA) prices on its transpacific and India services in response to current market conditions.In a letter sent out to customers, the Hong Kong-based carrier said it would impose a General Rate Increase (GRI) of HK$18 per kg on the base rate ...
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IATA adds 'quote and book' service to rate portal
Airline association IATA has added a ‘quote and book’ function to its rate portal, with IAG Cargo the first cargo group to offer the new functionality.The addition of live rates and the option to book shipments onto IATA's Net Rates platform will accelerate "the distribution of rates to market while ...
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Alliance expands in Chicago with MIC acquisition
Cargo handler Alliance Ground International (AGI) has acquired Maestro International Cargo as it looks to expand its presence in Chicago.AGI said that Maestro has positioned itself as one of Chicago O'Hare's (ORD) "leading ground handlers", focusing on "excellent customer service and an innovative cold-chain pharmaceutical service offering".AGI and Maestro’s combined ...
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Cathay Pacific Cargo reports busiest month since Covid outbreak
Cathay Pacific Cargo in September reported its busiest month since the start of the Covid-19 pandemic.The cargo carrier saw volumes reach 130,997 tonnes in September, an improvement of 19.7% compared with last year.The increase comes on the back of robust demand and the re-introduction of capacity, which is up by ...
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Pacific Air Cargo launches new cargo tracking system
Freighter operator Pacific Air Cargo has introduced PACTRAK, a new airfreight tracking and notification service.The tracking service is integrated into the company’s website and allows customers to know the status of their shipment at any point in its journey.The system offers shipment update notifications through SMS text messages, emails, or ...
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NewsK+N profits surge with capacity constraints set to persist
Kuehne+Nagel (K+N) saw profits and air volumes soar in the third quarter thanks to higher rates in air and ocean and its investment in Apex Logistics.The forwarder saw third-quarter revenues increase 70.3% year on year to SFr8.6bn, earnings before interest and tax (ebit) was up 112.6% to SFr789m and net ...
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Airport Logistics adopts Cargospot Handling at ORD
Ground handler Airport Logistics Group has implemented CHAMP’s Cargospot Handling solution for its operations at Chicago O’Hare.Cargospot Handling is a cargo operations and terminal management system and allows Airport Logistics Group to use a single system.Gary Plewe, general manager at Airport Logistics Group, said: “We can now consolidate our handling ...
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Lufthansa Cargo to offer booking through WiseTech Global
Lufthansa Cargo will add a direct connection to the WiseTech Global platform allowing users to make e-bookings on the carrier's services.The tie-up will provide CargoWise users with air cargo rates, flight availability and the booking confirmation in real-time."Through API connectivity, the connection will increase forwarder productivity, eliminate manual, error-prone data ...
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Turkish Cargo reaches pharma transport milestone
Turkish Cargo is celebrating the carriage of medical and pharma products over the last 25 years.The cargo business has carried Turkey’s medicine and medical products to over 50 countries in five continents over that period of time.Today, Turkish Cargo boasts an 8% market share in the transportation of pharma as ...
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Savino Del Bene to offer Italy-US peak season flights
Italian freight forwarder Savino Del Bene will launch a charter operation between the US and Italy in response to capacity shortages.The peak-season service will begin on October 23 and operate between Milan Malpensa and New York JFK utilising a B767-300F operated by Cargojet Airways.The company said that it had decided ...