All News articles – Page 310
-
News
ATSG freighter deployments boost Q3 revenues and profits
Freighter lessor and operator ATSG saw revenues and profits increase in the third quarter of this year, partly due to its quarterly record of seven Boeing 767 freighter deployments to its leasing customers.In the third quarter of this year, the Wilmington-headquartered company reported a 10% year-on-year increase in revenues to ...
-
News
Laredo International takes aim at cargo with development project
Aviation Facilities Company Management (AFCO), in a joint venture with American Triple I Partners (ATI), has been selected to develop cargo and logistics facilities at Laredo International Airport (LRD) in south Texas.The group anticipates developing a range of facilities and infrastructure, including cargo, logistics, and general aviation on a 75 ...
-
News
IAG Cargo charter ops bump up Q3 revenues
In its latest financial figures, IAG Cargo has revealed that it made use of its scheduled capacity and "bespoke" charter operations to achieve an increase in revenues in the third quarter of this year.The company reported a 14.1% year-on-year increase in revenues, to €302m, for the period of July to ...
-
News
Everyone's a winner at the Air Cargo News Awards
American Airlines Cargo last night scooped the prestigious Cargo Airline of the Year Award 2020 at a unique 36th Air Cargo News Awards — the first ever digital ceremony.The awards usually take place every year in London, but the coronavirus outbreak limited the gathering of people; instead, an online awards ...
-
News
Blue Dart sees profits rise in Q2
India’s Blue Dart Express handed its staff a $352 bonus after posting a ₹414m ($5.6m) profit after tax for its fiscal second quarter 2020, a 196% increase on the ₹140m ($1.9m) in the same period of 2019.Blue Dart, which is preparing for the logistics of distributing a Covid-19 vaccine, saw ...
-
News
Logistics Plus branches out into the cargo charter market
Logistics Plus (LP) has created a dedicated LP Air Charter Group within the company to focus on expanding its air cargo capacity and to develop global air charter business opportunities.The new group, based in Houston, is being headed up by industry veterans Russell Means and Axel Kaldschmidt.Means brings over 25 ...
-
News
Fraport to develop a cargo handling data exchange
Frankfurt Airport management company Fraport is developing FRA-OS, a digital data exchange platform for cargo handling at Germany and Europe’s number one airfreight hub.The project is in cooperation with the Freight Unit of the German Customs Office, the Freight Forwarding and Logistics Association of Hesse/Rhineland-Palatinate (SLV), the Association of Air ...
-
News
Charter operation switches from sea to air
Charter firm deugro Air Chartering devised a modal shift from sea to airfreight to transport an oversized compressor from Germany to the US with an An-124 freighter aircraft.Together with deugro Houston, deugro Air Chartering planned initially to ship the cargo by sea, but due to the impact of the Covid-19 ...
-
News
ABC B747-8F transports lengthy cargo
AirBridgeCargo Airlines (ABC) has partnered with TVS SCS / Pan Asia Logistics Germany to transport equipment, measuring 16 m in length, from Frankfurt to Zhengzhou.The lengthy cargo, which weighed almost 16 tonnes, is being used in a power transmission project in China.ABC used its XL team, which specialises in transporting ...
-
News
Asian volumes boost UPS in Q3
Strong outbound demand from Asia helped fuel a 15.9% increase in third quarter 2020 consolidated revenues for UPS to $21.2bn.The US-headquartered global parcels and logistics giant saw third-quarter consolidated average daily volume increase 13.5% year over year, while operating profit was $2.4bn, up 11% compared to last year’s third quarter.Said ...
-
News
Astral adds first B767F through ATSG deal
African cargo airline Astral Aviation has expanded its fleet to include B767F aircraft through a deal with lessor ATSG.A B767-200 converted freighter was delivered to Astral by ATSG's Cargo Aircraft Management subsidiary under a five-year lease. This is the first aircraft ATSG has leased to Astral, as well as the ...
-
News
DSV targets e-commerce with Prime deal while air cargo improves in Q3
DSV Panalpina has acquired e-commerce specialist forwarder Prime Cargo, while it has also announced continued growth in its airfreight business in the third quarter.The Denmark-headquartered forwarder has agreed to purchase Prime Cargo, including its activities in Denmark, Poland and China, from the Mitsui-Soko Group in Japan for an undisclosed sum.Prime ...
-
News
Senator establishes US Midwest base at RFD
German shipping firm Senator International has named Chicago Rockford International Airport (RFD) as its US Midwest hub.The company has been operating its own transatlantic cargo flights, known as its Senator Atlantic Bridge (SAB) since 2016 and it recently launched a twice-weekly service to RFD "offering a new and much needed ...
-
News
Kalitta Air to become first operator of converted B777 freighter
Kalitta Air will become the first airline to operate Boeing 777-300ERSF converted freighters after signing an agreement with lessor GECAS Cargo.The US cargo airline has signed a deal for three of the B777s, which will be the world's largest twin-engine freighter, with the aircraft due to be delivered in 2023.The ...
-
News
Aramex recruits Kipp to COO role
Aramex has announced the appointment of Thomas Kipp as the company’s new chief operating officer.Kipp brings over 25 years of experience across logistics, e-commerce and management consulting in Europe, Asia and North America.He will be responsible for overseeing Aramex’s global operations, business development, improving operational efficiencies, and championing crucial process ...
-
News
IAG Cargo promotes Peek to head of sales
Darren Peek, head of sales, IAG CargoIAG Cargo has promoted Darren Peek, formerly regional commercial manager - Europe and Africa, into the newly created role of head of sales.Peek has more than 25 years of experience in the industry and has previously has held senior roles at IAG Cargo and ...
-
News
AAPA notes "markedly depressed" demand in September
In its September 2020 traffic results, the Association of Asia Pacific Airlines (AAPA) said that cargo and passenger demand has had “markedly depressed levels, with no recovery in sight”.Airfreight demand declined by 17.5% year on year, while capacity slipped by nearly 30%.“Whilst manufacturing conditions further improved globally, some Asian economies ...
-
News
Forwarder LILA looks to the horizon after PPE win
Ian Antonio, LILA managing directorUK-based freight forwarder LILA International Logistics is aiming to expand next year after a success 2020.The start-up forwarder was launched in 2018 and is currently a team of four but hopes to expand numbers next year and move to larger offices after bringing on PPE provider ...
-
News
Delta Cargo approves DoKaSch cooler for vaccine transportation
Delta Cargo has approved the use of the DoKaSch Opticooler RAP container as part of its cold chain pharma service.The approval comes as the air cargo industry prepares for the widespread transportation and distribution of Covid-19 vaccines.Key features of the DoKaSch Opticooler RAP container include: temperature ranges of 2-8°C and ...
-
News
New air cargo platform CargoAi takes aim at digitalisation
The founders of recently launched air cargo platform CargoAI are hoping to capitalise on the industry's ongoing digital drive.The platform aims to simplify the booking process for freight forwarders and sales agents (GSAs) by making the implementation process easier.The founders said that it offers several ways for forwarders and GSAs ...