All News articles – Page 284
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NewsSteady increase in cargo demand at Bahrain International Airport
Bahrain International Airport has reported an increase in cargo demand last year, bucking global air cargo trends for the year.In 2020, hub saw a 3.2% year on year increase in cargo volumes to 300,205 tonnes. Volumes have increased steadily, from 2015 to 2020, by 17%.BIA's increase in cargo volumes in ...
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NewsSUN Logistics adds new Hong Kong screening facility to meet stricter requirements
SUN Logistics has opened a Regulated Air Cargo Security Facility (RACSF) in Hong Kong in line with stricter cargo screening regulations.The company said that its new screening facility is located as an annex of the Airport Freight Forwarding Centre.From the start of March, all air cargo consignors in Hong Kong ...
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Emirates SkyCargo aims to streamline DG processes through new partnership
Emirates SkyCargo and the Dubai Civil Aviation Authority(DCAA) will work together to streamline processes for the transportation of dangerous goods (DGs).Following the signing of a Memorandum of Understanding (MoU), the two entities will work together to "strengthen mechanisms to proactively share information on certain classes of DG booked for transport ...
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NewsAgility's net profits and earnings hit by "challenging" 2020
Agility's logistics division last year saw revenues and operating profits improve, but the overall company was held back by its infrastructure division in a "challenging year".The company posted a 2.7% year-on-year climb in revenues to KD1.6bn, while earnings before interest, tax, depreciation and amortisation (ebitda) declined 15.9% to KD162.4m. Net ...
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NewsPicture special: Take-off for CMA CGM Air Cargo at Liege
New market entrant CMA CGM Air Cargo on March 13 operated its first flight.The inaugural flight of the shipping group's air cargo subsidiary took off from Liege Airport in Europe and headed across the Atlantic to Chicago O'Hare in the US utilising one of its Airbus A330-200 freighters.A second Airbus ...
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SpiceXpress contributes to Bangladesh-Spain road-air operation
SpiceXpress, the cargo division of SpiceJet, helped transport cargo from Dakha in Bangladesh to Spain via Kolkata and New Delhi as part of a road-air operation.The cargo, which amounted to 48 tonnes and included fashion garments, was transported from Dhaka to Kolkata airport via road and then to New Delhi ...
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Top air forwarders expect continued capacity constraints for 2021
The heads of Deutsche Post (DP) DHL and Kuehne+Nagel (K+N) are both expecting airfreight capacity to remain constrained for the rest of the year.Speaking to analysts following the announcement of K+N's 2020 financial figures, the forwarder's chief executive Detlef Trefzger was asked whether he expected airfreight rates to collapse this ...
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NewsHellmann appoints new chief of commercial
Patrick Oestreich, HellmannHellmann Worldwide Logistics has appointed Patrick Oestreich as its chief commercial officer (CCO), succeeding Jens Möller who took over the position on an interim basis in August of last year.As CCO and member of the executive board, Oestreich will be responsible for the global sales leadership team, which ...
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Pandemic freight demand assists pared-back CargoLogicAir
Freight activity catalysed by the pandemic helped UK-based CargoLogicAir last year to improve on a weak performance in 2019, the company has disclosed.The carrier – linked to Russia’s Volga-Dnepr Group – ran into problems in 2020 and sought a temporary suspension of its operating licence, which was subsequently restored in ...
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Latam Airlines eyes Colombia expansion as restructuring continues
Latam Airlines Group sees opportunities to refocus its attention and resources towards the Colombian market, following the collapse of its Argentinian unit last year.Describing the closure of Latam Airlines Argentina in June 2020 as a “very hard decision”, Latam Airlines Group chief executive Roberto Alvo told a Capa Live event ...
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Dates confirmed for Multimodal event
UK logistics exhibition Multimodal has announced plans for the event to go ahead on October 19 to 21.The annual exhibition, which brings together thousands of people from across the supply chain, takes place at the NEC in Birmingham and also features conference sessions, networking and an awards.“We have been building ...
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Qatar Cargo offers discounts to local manufacturers
Qatar Airways Cargo will offer offer discounted rates to local Qatari manufacturers that are clients of Qatar Development Bank (QDB).The special discount is available to more than 350 Qatari exporters – QDB clients – that wish to export their locally made products on Qatar Airways Cargo flights.The two partners said ...
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NewsDHL opens new Malpensa hub as it looks to expand in Italy
New DHL Milan Malpensa facilityDHL Express has opened a new €110m logistics hub at Malpensa Airport as part of an ongoing investment in Italy.The express giant said that from its new hub it would be able to operate more than 30 flights per day and handle nearly 38,000 pieces per ...
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A record month for cargo at Frankfurt Airport
Frankfurt Airport achieved its highest cargo volumes ever recorded in the month of February, as the timing of Chinese New Year helped to boost demand for airfreight shipments.The hub posted a 21.7% year-on-year growth in cargo volumes to 180,725 tonnes in February 2021. By contrast, in February 2020, it experienced ...
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NewsHeathrow perishables firm 'crippled' by new emission rules
PML managing director Mike ParrHeathrow airport-based logistics firm Perishable Movements Ltd (PML) has hit out at new emissions rules saying they are crippling its business.PML managing director Mike Parr has written to the Mayor of London, Sadiq Khan, to outline how the extension of the city's Low Emissions Zone to ...
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NewsIcelandair to add B767 freighters through Titan deal
Icelandair is selling two B767-300ER aircraft to Titan Aircraft Investments (TAI) that will be converted into freighters and leased back to the airline.TAI, which is a joint venture between Atlas Air-owned Titan Aviation Holdings (TAH) and Bain Capital Credit, said that following conversion, the aircraft would be placed on long-term ...
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NewsPortal cargo.one adds new VP as it targets growth in the Americas
Chad TiborCargo.one has appointed Chad Tibor as its vice president and general manager for the Americas.The air cargo booking portal said Tibor, who joins from travel technology company Sabre, would shape its airline growth strategy with a focus on the American continents."My mission as the leader of the Americas airline ...
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NewsCargoAi adds advisory board
From left to right: Markus Flacke, Liana Coyne, Cyril Dumon and Ricardo PilonAir cargo booking portal CargoAi is adding a board of advisors to help steer the future of the company.The board will initially be formed of four members, but others are expected to join in the future.The current members ...
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NewsAir cargo and e-commerce help DP DHL to record earnings
Air cargo and e-commerce were two of the star performers at Deutsche Post (DP) DHL last year as operating profits reached record levels.The German parcels and logistics giant last year saw revenues increase by 5.5% year on year to €66.8bn, earnings before interest and tax (ebit) were up 17.4% to ...
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Positive cargo revenues for Cathay as group makes an overall loss
Hong Kong-based Cathay Pacific Group has highlighted the performance of its cargo division in its full-year 2020 financial results, as its overall performance was hit by the effects of the pandemic.The group posted an operating loss of HK$18.1bn last year; in 2019, it achieved profits of HK$3.4bn. Group revenues declined ...