All News articles – Page 337
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News
PayCargo Capital offers credit for fresh produce supply chains
PayCargo Capital, a sister company of the global online payment platform PayCargo, is offering businesses in the fresh produce supply chain credit of $50,000 to $2.5m for a 15 to 45-day period.Under the facility, PayCargo Capital pays all freight charges up front, reclaiming the appropriate funds electronically from the PayCargo ...
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NewsAir cargo load factors reach two-year high
Air cargo load factors have reached their highest level since at least 2018, according to the latest analysis from CLIVE Data Services.Figures from the data provider show that dynamic load factors - based on volume rather than weight - have now hit 71%, representing the highest level since the company ...
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NewsChapman Freeborn swoops on Arcus as it targets time critical sector
Gediminas Ziemelis, chair of the board, Avia Solutions GroupCharter broker Chapman Freeborn will acquire Arcus Air Logistics and Arcus Air OBC (on-board courier) from the Arcus Air Group as it targets the time critical logistics sector.Arcus offers air cargo charter and on-board courier services primarily to the automotive industry and ...
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Airlines and airports at loggerheads over slot rules
Airline and airport groups are split on whether the slot-rule waiver should be extended in light of the cornoavirus outbreak.Earlier this week, IATA said the current slot-rule waiver governing airport take-off and landings is essential to aid airlines’ restart of operations and ensure connectivity in the longer term.The rule, known ...
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LATAM Airlines Argentina to cease domestic cargo operations
LATAM Airlines Argentina will cease cargo and passenger operations for an indefinite period as difficult market conditions take their toll.The move will result in the cancellation of 12 domestic destinations while international services operated to and from Argentina by the overall LATAM Cargo group will remain active "according to their ...
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NewsEL AL sees cargo volumes take off in May
EL AL reported an increase in freight volumes in May as the airline transferred its passenger aircraft over to cargo operations.Like many carriers, the Tel Aviv-hubbed carrier utilised its passenger aircraft for cargo operations following the coronavirus outbreak.As a result, in May, the carrier handled 10,800 tons of cargo compared ...
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US eases ban on Chinese carriers
The US Department of Transportation (DOT) has backed down from an earlier ban on Chinese carriers, allowing them to fly up to four weekly flights between Mainland China and the US.The move comes after the Civil Aviation Administration of China (CAAC) eased international flight restrictions further on 8 June, allowing ...
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All change at CEVA Logistics
CEVA Logistics has appointed a new head of airfreight and head of its European operation.Peter Penseel will take over as the forwarder's head of airfreight, while Peder Winther will head its European business.At this stage it is not clear when the two will take up their new positions.According to his ...
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NewsLATAM Cargo opens new pharma transit stations
LATAM Cargo has added four new transit stations in order to expand its pharma network.The Santiago-headquartered carrier has over the last three months open pharma transit stations in Miami, Santiago, Buenos Aires and a second entry point in Sao Paulo.This allows that carrier to expand the number of routes it ...
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Cargo.one the latest to integrate with IBS
Online freight booking portal cargo.one and IBS Software are partnering to combine their platforms.The partnership means that airlines that utilise IBS Software’s iCargo platform will be able to offer their capacity to the freight forwarders that use the cargo.one booking portal using "plug and play processes" that do not require ...
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ACE Belgium Freighters to change name to Challenge Airlines
All-cargo operator ACE Belgium Freighters is changing its name to Challenge Airlines.In files submitted to the US Department of Transportation (DOT), the carrier requested that its exemption authority be re-issued under the new name and that its foreign air carrier permit is issued at the earliest convenience.The carrier was last ...
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NewsNallian to offer RFS slot booking app at Brussels Airport
Air cargo software firm Nallian has launched a road feeder management app that will allow trucking companies and ground handlers to co-ordinate airport-to-airport pick-ups and deliveries at Brussels airport.The app enables road feeder companies and ground handlers to utilise slot booking to more accurately plan resources. It also provides real-time ...
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Air cargo rates and capacity on the slide as PPE demand weakens
Airfreight rates and capacity both declined last week as demand for the transportation of personal protective equipment (PPE) continues to slow.The latest figures from TAC Index show that airfreight rates from Shanghai to North America declined by 12.8% week on week to $5.06 per kg, while from Hong Kong to ...
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SIA Cargo notes reliance on cargo-only PAX flights for performance in May
Singapore-based SIA Cargo has reported in its results for May 2020 that cargo load factor (CLF) was 14.4 percentage points higher than last year, due to the capacity decline (61.9%) outpacing the decline (of 52.8%) in cargo traffic measured in freight tonne km."Capacity contraction would have been much greater, save ...
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NewsGEODIS appoints managing director Indonesia
GEGOIS has named Tomy Sofhian as its Indonesia managing director.Sofhian, who has almost 20 years of experience working in the freight delivery sector, will report to Rene Bach-Larsen, sub-regional managing director ASEAN (Association of Southeast Asian Nations).GEODIS said its professionals in Indonesia are "involved in supporting customers in the oil ...
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TIACA to create new director general role
Air cargo association TIACA will create a new director general role as part of its transformation programme.The association said that the role of secretary general will expand to take on extra responsibility and will therefore become director general."TIACA needs a director general accountable for the organization’s strategy, delivery model, team ...
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NewsColibri and J&C develop cargo containers for widebody cabins
Baltic parts firm Colibri Aero and design specialist J&C Aero have developed cargo containers for widebody passenger cabins that allow Airbus and Boeing cabin conversion between passenger and cargo operations within just 24 hours.The cargo containers are available in five different sizes and are designed for widebody passenger cabins of ...
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Bin Yousef Cargo charters flights for PPE to Qatar
Qatar-based freight forwarder Bin Yousef Cargo has chartered multiple Boeing 777-200 freighters for a number of its clients in 180 countries.The freighters were loaded with more than 100 tonnes of medical supplies, and medical equipment for use in Covid-19 treatment centres in Doha.The charters were organised after the Qatar government ...
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AF KLM Cargo launches KickCharter platform to help fill chartered freighters
Air France KLM Martinair Cargo (AFKLMP) has launched a collaborative online platform that can be used to book cargo capacity on its chartered freighter flights.The KickCharter solution ensures charter freighter flights are full, or as close to full as possible, before operating. It also enables cargo to be flown to ...
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NewsCEVA Logistics expands in Africa with acquisition
Source: CEVA LogisticsCEVA Logistics is expanding its operations in Africa after having acquired a controlling shareholding in third-party logistics provider AMI Worldwide, which has a presence in East and Southern Africa.On July 1, employees at AMI Worldwide offices in 12 countries in East and Southern Africa will join join the ...