All News articles – Page 372
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News
Blue Dart 'rightsizing' pushes company to Q3 loss
Indian express firm Blue Dart reported a loss in its financial third quarter after it implemented a "rightsizing" programme in light of a tougher trading outlook.The aircraft operator said that during the quarter ended December 31, it reported a loss of R330.8m compared with a profit of R313.5m in the ...
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Amazon to take over Pinnacle Logistics' operations at RFD and Baltimore
Amazon will take over the ground handling operations of Pinnacle Logistics at Chicago Rockford (RFD) and Baltimore/Washington International Thurgood Marshall airports.A Work Adjustment and Retraining Notification filed with the Maryland Department of Labor shows that Pinnacle is planning to close its Baltimore facility on April 14, which will affect 1,609 ...
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NewsTigers Logistics opens smart Sydney hub to support e-commerce growth
Tigers Logistics has opened a new hub in Yennora in Sydney, Australia, to support domestic and international e-commerce growth.The new facility is part of Tigers’ two-year strategy involving investments into e-commerce and B2B verticals, and global expansion.The warehouse is fitted with Tigers’ automated transport sortation system and SmartHub:Connect technologies, which ...
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FTA says UK government comments on Brexit 'not helpful'
The UK Freight Transport Association (FTA) has expressed its concern to the government about trading arrangements with the EU during the Brexit transition period.The FTA's announcement follows comments made by the Chancellor of the Exchequer, Sajid Javid, at the weekend, which suggested a hardening in the government’s approach to Brexit ...
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NewsAEI bags B737-400SF conversion trio for Vx Capital Partners
Aeronautical Engineers (AEI) is to provide Vx Capital Partners (Vx) with an additonal three B737- 400SF freighter conversions, marking AEI's 25th such commission from the US-based aircraft lessor.The first aircraft will start modification in March of this year, followed by the second aircraft in May and the third in August ...
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NewsSwissport wins Air Tanzania hub contract
Swissport has secured a hub management contract for Air Tanzania’s operations at Dar Es Salaam and Kilimanjaro airportsThe new agreement with the east African flag carrier includes airport ground services, air cargo handling and aviation security.Swissport will provide check-in and gate services, baggage handling, moving of aircraft, cargo loading and ...
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'Only a matter of time' before Amazon Air comes to Europe
A report by finance bank KFW IPEX-Bank has concluded it is only a matter of time before Amazon launches its own airline in Europe.Although reports suggests the e-commerce giant does contract operators to fly on its behalf in Europe, it has yet to go as far as launching its own-branded ...
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NewsCLIVE Data Services: Airline cargo load factors 35% higher than reported
The global utilisation of air cargo capacity is 35% higher than the traditional industry indicator suggests, according to a new data services company.CLIVE Data Services has called on the industry to "refresh" the way it views cargo load factors to strengthen the airlines’ voices with all stakeholders, not least airports, ...
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NewsYTO Express adds Kyrgyzstan freighter flights
Chinese express firm YTO has launched a three-times-per-week freighter service between Bishkek in Kyrgyzstan and Shijiazhuang.The first flight took place on January 16 using a 30-tonne capacity Boeing 757 freighter.The service is part of YTO efforts to connect cities on the Belt and Road route."The export goods of this route ...
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Oman Air announces growth plans as country seeks to drive revenues from airfreight sector
Oman Air has announced plans to increase its cargo-handling capacity at Muscat International Airport when the construction of its new airfreight unit is complete.The carrier reportedly disclosed information about its plans to the Oman News Agency (ONA).The Times of Oman revealed that during a discussion with the ONA, Mohammed bin ...
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Qatar Cargo suspends Pittsburgh flights for off season
Qatar Cargo has temporarily suspended its freighter flights to Pittsburgh during the quiet season for cargo.A spokesperson for Allegheny County Airport Authority confirmed the move but said he expected the flights to restart in the future.Bob Kerlik, vice president of media relations at the authority, said: "Qatar Airways Cargo has ...
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News
Kuehne+Nagel headquarters Asia Pacific region in Singapore
Logistics provider Kuehne+Nagel has announced that it is focusing its attention on growth in the Asia Pacific region, following the success of growth and acquisitions in Europe and North America.With immediate effect, Kuehne+Nagel's Asia Pacific operations, run by 10,000 of its personnel in the region, will be headquartered in Singapore. ...
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CSafe expands its Incheon pharma container repair centre
Pharma ULD-firm CSafe Global has expanded its container service centre facility at Incheon International Airport (ICN).The service center was expanded to accommodate the growing demand for CSafe’s specialized air cargo containers in South Korea, and throughout the broader Asia Pacific region.Tom Weir, vice president of global operations at CSafe Global, ...
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NewsSAS appoints new EVP and CIO
Scandinavian Airlines (SAS) has appointed Charlotte Svensson as executive vice president and chief information officer, effective from February 1.Svensson, who has previously worked at Bonnier News and most recently PostNord Group, will succeed Mattias Forsberg, who is leaving SAS for a new role at Svenska Handelsbanken.She commented: "I’m looking forward ...
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Decision on Manston's cargo hub plans delayed
A decision on whether to approve plans to develop Manston Airport in the UK into a cargo hub has been delayed by the UK government.Parliamentary under secretary for transport, Nusrat Ghani, announced that an inquiry into the plans – due any day now – would be extended until May 18.The ...
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NewsBIFA's annual award winners revealed
BIFA Awards 2020UK freight forwarder association BIFA yesterday held its annual awards, hosted by paralympian and broadcasters Ade Adepitan and attended by more than 550 people.Host Adepitan announced eight winners from the 33 freight forwarding companies that were shortlisted as finalists, as well as three individual award winners.The winners of ...
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XPO Logistics considers selling business units
XPO Logistics is considering the sale or spin off of one or more of its business units as it believes its shares are trading below expectation.The logistics company said yesterday that its board has authorised a strategic review of the business."We continue to trade at well below the sum of ...
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NewsLATAM opens perishables hub in Sao Paulo
LATAM Cargo Group has opened a new $3.5m perishables hub in Guarulhos Airport, Sao Paulo, Brazil, increasing its perishable storage capacity at the airport by 33%.The facility occupies an area of 1,637 sq m, with 50% equipped with variable temperature cooling chambers that offer ranges of 0 to 2°C and ...
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NewsNew warehouse planned opposite Heathrow’s Terminal 5
A 2,579 sq m ‘high quality’ speculative warehouse development close to Heathrow’s Terminal 5 aims to be ready for tenants by October.Aberdeen Standard Investments’ AIPUT (Airport Industrial Property Unit Trust) fund has secured a resolution to grant planning permission from Slough Borough Council’s Planning Committee for this Black Arrow warehouse ...
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Cathay Pacific finds positives among declining cargo volumes
Although total cargo and mail uplifted by the Cathay Pacific Group fell in December compared with a year ago, there are some bright spots among the latest freight statistics.“Our overall volume in December was on par with November and we enjoyed good all-round support from and to all the regions ...