All News articles – Page 361
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News
Bolloré Logistics launches China freighter flights
Paris-headquartered Bolloré Logistics has launched a series of freighter flights from China to Europe in order to meet customer demand.The freight forwarder said the B747F flights between Shanghai and Luxembourg started in early February and are due to end in early April.The schedules are weekly, but every other week a ...
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WorldACD highlights impact of "corona effect"
Ahead of its full results for February, which will be released in two weeks' time, WorldACD has released preliminary figures for the month, which it says give an outlook on the "corona effect" when combined with January's figures.The analyst explained: "Looking at February in isolation leads to an incomplete picture ...
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Cargo escapes US ban on travel from Europe
The White House has clarified that cargo is not included in the US ban on travel from Europe announced as part of efforts to stop the spread of coronavirus.Yesterday, US president Donald Trump announced an unprecedented travel ban from most of Europe to the US would begin at the end ...
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Silk Way West expands US network
From April 6, Silk Way West Airlines will expand its global network with thrice-weekly flights to Dallas Fort-Worth Airport in the US.The carrier will use Boeing 747-8 freighters on the route, which also includes Chicago as a destination.Fadi Nahas, vice president, Americas, explained: "On behalf of Silk Way West Airlines, ...
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NewsScoot to fly cargo-only PAX flights to China
Scoot B787-9Singapore-based low-cost airline Scoot will operate cargo-only passenger flights to China over the coming weeks as demand outstrips supply.The airline told Air Cargo News that it would operate "belly-hold freight charters" flights on behalf of parent Singapore Airlines' cargo arm in March.The flights will operate from Singapore to Guangzhou ...
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Cathay Pacific Cargo performs "below expectations"
Cathay Pacific reported that its cargo division performed "below expectations" last year, with cargo revenues of HK$21.1bn – a 14.3% decrease on 2018 revenues.Cargo revenue tonne km decreased by 6.7% to 11.3bn, volumes decreased by 6% to 2m tonnes and yields decreased by 7.9% to HK$1.87.Load factor declined by 4.4 ...
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NewsDSV sees German airfreight volumes take a hit
In 2019, the airfreight division of Denmark-headquartered freight forwarding DSV lost around one third of its German airfreight export cargo compared to the previous year, writes Oliver Link from Air Cargo News' sister title DVZ.The IATA CASS figures show that DSV Air & Sea suffered by far the greatest loss ...
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Dutch logistics group warns new tax could hit green efforts
Dutch shipper and logistics group Evofenedex has called on the country's government to axe plans for a green air cargo tax that it says will have unintended consequences.The Dutch government has submitted proposals to introduce a charge based on the maximum takeoff weight of aircraft.However, Evofenedex said that this will ...
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NewsEtihad Cargo expands digital platform with tracking app
Etihad Cargo has launched a mobile app that enables customers to track their shipments in real time while on the go.The application is based on the capabilities of Etihad Cargo's iCargo platform and its website, etihadcargo.com.In addition to its real-time tracking capabilities, the app also features optional push notifications (alerts) ...
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NewsDHL airfreight volumes down 4.6% in 2019
The world’s largest airfreight forwarder DHL Global Forwarding saw airfreight revenues and volumes decline last year, but gross profit improved (see charts at end of article).The DHL Global Forwarding, Freight division saw total airfreight volumes for 2019 decline by 4.6% year on year to 2m tonnes, while revenues were down ...
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NewsAEI reports renewed interest in B737 classic conversions
Aeronautical Engineers, Inc. (AEI) is seeing renewed interest in its Classic 737 conversion programmes and is expecting to have at least 10 Classics delivered or in work this year.Due to the continued MAX grounding and the pressure it has placed on feedstock throughout the industry, many AEI said that many ...
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Damco: Finding fresh focus
Freight forwarder Damco is looking to take advantage of a rising market this year with a new business focus targeting specific areas, as its global head of airfreight, Ferwin Wieringa, tells Damian BrettThe last few years have been a period of change for the airfreight market, but also for freight ...
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NewsKintetsu and Chapman partner on Sudan relief flights
Freight forwarder Kintetsu World Express, in partnership with charter broker Chapman Freeborn, recently completed a series of seven Airbus A300F charter flights from Dubai World Central Airport (DWC) to Juba, the capital of South Sudan, uplifting over 230,000kg of aid and relief materials.The project was completed in "less than three ...
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Bin Yousef Cargo transports horses for Qatar race events
Bin Yousef Cargo, which has a dedicated equine department, was awarded the contract for handling equine logistics for both the Concours Hippique International (CHI) Al Shaqab and the Longines Global Champions Tour. The contract saw Bin Yousef Cargo manage the travel arrangements for more than 150 horses, which raced in ...
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NewsIBS Software to host airfreight management platform for Lufthansa Cargo
IBS Software helps Lufthansa cargo handling move to the cloud: Dr. Jochen Göttelmann (Lufthansa Cargo), V K Mathews (IBS), Dr. Martin Schmitt (Lufthansa Cargo) and Ashok Rajan (IBS) - left to right.IBS Software has signed a five-year contract with Lufthansa Cargo to host and maintain the carrier's iCAP cargo handling ...
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Damco launches three-tier product offering
Freight forwarder Damco will begin offering three different service levels across its air and sea operations.The Netherlands-headquartered company has branded the service levels: standard, plus and customised.All products offer full track-and-trace functions and online booking, with the customised services including tailored benefits such as customised reports, an order management system ...
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BIFA celebrates first anniversary of Young Forwarders Network
The British International Freight Association (BIFA) is celebrating the first anniversary of its Young Forwarders Network (YFN).BIFA launched the YFN, which involves events run by young forwarders in regional networks, in March 2019.Since its establishment a year ago, six regional networks have been formed and more than 20 YFN events ...
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China airfreight rates spike while Cathay mulls cargo only PAX flights
Airfreight rates from China increased rapidly last week as demand from China begins to ramp up but spare capacity remains tight.The latest figures from TAC Index show that last week average airfreight prices from Shanghai to North America increased by 32.3% on a week earlier to $4.02 per kg, while ...
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NewsCEVA Logistics expands in Bangladesh
CEVA Bangladesh management teamAs part of its strategic expansion in the emerging Southeast Asian markets, CEVA Logistics has opened its own offices in Dhaka and Chittagong.The logistics firm has been operational in textiles hotspot Bangladesh for 17 years through a network partner, providing logistics services to a number of multinational ...
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NewsNew managing director for Jettainer Americas
Jettainer Americas MD Shailendar KothariULD management firm Jettainer Americas has appointed Shailendar Kothari as its new managing director.In his new role, Kothari is responsible for the company’s operational activities, as well as business and market opportunities in the Americas.Kothari has replaced Andrew Kreider, who left Jettainer last October 2019 to ...