All News articles – Page 376
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NewsAirfreight rates continued to climb as year came to a close
Airfreight rates continued to climb in November as average prices reached their highest level in 2019.The latest east-west airfreight price index from consultant Drewry's Sea and Air Shipper Insight report showed that prices reached $3.02 per kg in November – the highest level since December last year.The fact that 2019 ...
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NewsDamco: airfreight set for improvement in second half
Ferwin Wieringa[In 2019] the market has clearly gone down and there are multiple reasons for this, one of the significant ones being the uncertainty generated by the US/China trade war, writes Ferwin Wieringa, global head of airfreight, Damco.In addition, since consumer demand has also reduced this year, airfreight has not ...
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Large unmanned cargo aircraft set to take off, despite regulatory challenges
The traditional logistics supply chain is coming under significant and diverse pressures, ranging from climate change to human resource shortages, and infrastructure congestion, writes James Jordan, HFW senior associate.The solution to these problems may be on the horizon in the form of Unmanned Aerial Vehicles (UAV) and Large Unmanned Cargo ...
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US airport limitations hurt cargo industry
One international carrier has had to rethink its plans for the US market. Its ambitions for a freighter service to a major gateway had to be scrapped owing to a crucial detail: The cargo terminal’s cooler can accommodate only four or five pallets.Speaking privately, the airline’s head of cargo was ...
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Cargo airports fly with e-commerce
Montreal’s Mirabel airport is gearing up for some infrastructure improvements.Canada’s federal government and the local airport authority have pledged to contribute altogether C$107m ($81.24m) to the project, which will go towards the construction of a 20,000 sq m cargo terminal, new parking positions for 13 freighters and improvements in road ...
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Forwarder Tigers looks ahead to the roaring 20s
Andrew Jillings, group chief executive of Tigers - the logistics and transportation company that specialises in bespoke supply chain solutions, e-fulfilment and transportation by air, sea, rail and road – believes that 2020 is going to be a challenge for the majority of those involved in air cargo, but is ...
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NewsSIA to link Brussels with Singapore
Singapore Airlines (SIA) has confirmed that it will inaugurate a non-stop, A350 service linking its home hub of Singapore Changi International Airport with the Belgian capital of Brussels on October 25, 2020.The route will be flown four times a week.“As a key gateway to Asia, Singapore is an important new ...
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NewsCathay Pacific Cargo remains ‘cautiously optimistic’ for 2020
In its regular newsletter to the industry – Cargo Clan – Cathay Pacific Cargo has looked back at what has been a particularly challenging year for any business based at Hong Kong International Airport (HKIA), as well as what can be expected for 2020.The continuing demonstrations and protests at HKIA ...
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NewsIcelandair Cargo to handle FedEx shipments in Iceland
Icelandair Cargo has agreed a three-year deal to handle all shipments to and from Iceland for FedEx and TNT that will go into effect in early 2020.Having acquired TNT in 2016, FedEx is merging the former express services provider’s operations within its own, and is also looking to expand its ...
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NewsBamboo Airways goes widebody
Earlier this week (on December 22), Vietnam’s Bamboo Airways took delivery of its first widebody aircraft – a Boeing 787-9 ‘Dreamliner’.It took delivery of the aircraft, called Ha Long Bay, at Noi Bai International Airport in Hanoi.In so doing, Bamboo Airways noted that it became the first ‘private airline’ (ie, ...
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NewsFSP seals the deal at New York Stewart
From January 1, 2020, Future Stewart Partners (FSP) will operate and maintain New York Stewart International Airport’s terminal, landside and airside.FSP, a joint venture of Groupe ADP (which operates Paris Charles de Gaulle) and AvPORTS (an American-owned and -based airport manager and operator), has agreed the deal with the Port ...
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NewsHAL to submit new plan to CAA on expansion
Following the recent confirmation that Heathrow Airport Limited (HAL), operator of London Heathrow Airport, will delay the expansion of the gateway for at least 12 months, the airport is to now submit what it describes as a “detailed investment plan” to the UK Civil Aviation Authority (CAA).The Initial Business Plan, ...
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NewsDietl and Rock-it do their bit for the environment
Dietl International and parent company Rock-it Cargo have chosen to offset the environmental impact of their shipment of air cargo to this month’s Art Basel exhibition in Miami, Florida.Dietl International, which claims to be the largest logistics provider in the US devoted entirely to the special needs and requirements of ...
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NewsBoeing makes changes at the top
Boeing has announced that its current chairman, David Calhoun, will take over as chief executive and president of the US giant as of January 13, 2020.Dennis Muilenburg has resigned from his positions as chief executive and board director, effective immediately. Boeing chief financial officer Greg Smith will serve as interim ...
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Ontario Airport on the up
Southern California’s Ontario International Airport saw its commercial airfreight volumes continue to grow in November, rising 5% year on year to reach 66,000 tons.While mail volumes were down almost 26%, overall cargo volumes were up 4.2% for the month.In October, Ontario’s commercial freight volumes had grown by 4.6% year on ...
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NewsACI World reports on disappointing October cargo figures
Airports Council International (ACI) World, the representative body for airports around the world, has reported that the retraction in the global air freight industry continued in October, with volumes falling by 2.9% year on year across the world.This was a slight improvement over September’s figure of -4%, however, and quite ...
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NewsMixed news for retiring A380s
Germany-based investment analyst Scope Analysis has reported that while the news that Emirates is already retiring A380 aircraft from its fleet in the wake of Airbus’s decision to axe the programme can't be good for everyone, the decision allows for the potential sale of aircraft parts in what is known ...
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NewsBA to drop into Portland, Oregon, from June
Portland, Oregon, with Mount Hood in the distanceFrom June 1, British Airways will launch the first year-round, non-stop service linking London to Portland, Oregon.The service will be operated five times a week in summer, four times a week in winter. A BA B787 ‘Dreamliner’ will fly the return service.Delta Air ...
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NewsRapiscan’s RTT110 gets the nod from TSA
Rapiscan Systems’ RTT110 cargo and baggage scanner has become the first high-speed Computed Tomography Explosive Detection System (EDS) to be approved according to the US Transportation Security Administration’s Air Cargo Screening Technology List (ACSTL).Certification was achieved last month (November) following what Rapiscan described as a “thorough testing process” with TSA.However, ...
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NewsEtihad Cargo receives CEIV Fresh certification
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has been awarded IATA’s Centre of Excellence for Perishable Logistics (CEIV Fresh) by the airline trade association.It is the first Middle East airline to hold both IATA’s CEIV Fresh and CEIV Pharma certifications, and one of only two carriers around ...