All News articles – Page 411
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NewsDHL sees airfreight volumes slide in Q2
DHL Global Forwarding saw its airfreight volumes decline in the second quarter of the year, but its air gross profit was on the rise.The world’s largest airfreight forwarder reported a 2.4% year-on-year decline in second-quarter airfreight revenues to €1.2bn, while volumes dropped by 5.8% on last year to 502,000 tonnes ...
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Today's Heathrow strike called off
Strike action planned by workers at Heathrow Airport for August 6 has now been called off.IAG Cargo said that following the news it will operate "as per normal on Tuesday"."Our contingency plans have minimised any impact these may have had and we apologise for any inconvenience caused," the company said.The ...
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Cargolux and unions reach agreement
All-cargo carrier Cargolux and unions LCGB and OGBL have come to an agreement over two new collective work agreements (CWAs).The two agreements will result in "substantial improvements" for the more than 1,300 employees covered by the airline’s collective work agreement, the groups said.The improvements include a salary increase of 6% ...
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Rajiv Gandhi International Airport adds SpiceJet freighter operation
Rajiv Gandhi International Airport (RGIA) in Hyderabad, India, has added SpiceJet to its offering of domestic freighter services, bringing the total number of all-cargo airlines operating at the airport to six.The SpiceJet freighter aircraft – a Boeing 737-700F, capable of carrying 20 metric tons of cargo – will operate six ...
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Hong Kong strikes hit cargo operations
Hundreds of flights from Hong Kong, the world's busiest cargo airport, have been cancelled as protesters continue coordinated strikes that are bringing chaos to the city.Pilots, flight crews and air traffic controllers are all reported to have joined city wide demonstrations.Cathay Pacific Cargo said it does not foresee any freighter ...
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NewsHacis expands road feeder operation
Logistics firm Hong Kong Air Cargo Industry Services Limited (Hacis) has extended its SuperLink China Direct (SLCD) scheduled road feeder services to Zhuhai and the western Pearl River Delta (PRD).The new services are the result of Hacis collaborating with Chu Kong Shipping Enterprises (Group) Company Limited's (CKS) logistics arm following ...
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Heathrow strike suspended
A walkout by 2,500 Heathrow airport workers due to take place today has been cancelled, but tomorrow's industrial action is still set to go ahead.On Friday, members of Unite rejected the latest pay offer from the airport but later delayed plans for a strike today as talks continued.IAG Cargo said ...
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FTA: no-deal funding for business is a ‘damp squib’
The UK’s Freight Transport Association (FTA) has criticised the British government’s no-deal Brexit funding plans, which allocate £108mn (out of a total £2.1bn) to support businesses in their preparations for the change.Deputy chief executive James Hookham said: “The government’s no-deal funding for business, announced [on] 1 August 2019, falls well ...
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IAG Cargo revenue decline consistent with market
In its 2019 half-year results, which were released today, IAG Cargo reported revenues of €281m from April 1 to June 30 – 3.2% lower than the same time period in 2018.Sold tonnes, yield for the quarter and CTK volumes were also down; 1.1%, 2.9% and 0.4% respectively. However, the company's ...
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Air France-KLM notes ‘challenging’ H1 market conditions
The Air France-KLM Group’s cargo capacity and volumes rose during the first half of 2019, but market pressures brought revenues down.Cargo capacity was up by 2.1% and traffic by 0.9%, bringing the load factor down by 0.7 percentage points to 58.8%. Volumes, at 549,000 tons, were up by 0.7%.The group ...
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JAL and Kalitta in freighter codeshare
On August 1, 2019, Ypsilanti-based Kalitta Air began operating three Boeing 747-400F flights per week between Tokyo-Narita and Chicago O’Hare under a codeshare agreement with Japan Airlines (JAL).In recent years, JAL has chartered freighter flights as necessary to satisfy seasonal demand, but the new deal with Kalitta Air enables it ...
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Carousel wins AEO status
Carousel Logistics, which specialises in the transport of parts and products for high-performance industries across Europe, has obtained Authorised Economic Operator (AEO) status for two of its business units, enabling them to accelerate import and export procedures and facilitate just-in-time logistics solutions in the event of a ‘no-deal’ Brexit.AEO certification ...
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AAWW ‘well positioned’ to face near-term headwinds
Second-quarter results at Atlas Air Worldwide Holdings (AAWW) took a hit from tariffs and trade tensions between the US and China, but the global provider of outsourced aircraft and aviation operating services remains confident of its long-term growth.Revenue for the three months ended June 30, 2019 stood at USD663.9mn, down ...
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United and AeroUnion bring widebody TempControl to Mexico City
US-based airline United Cargo has entered into an interline agreement with Mexican all-cargo carrier AeroUnion that expands United’s widebody TempControl network to include Mexico City International Airport (MEX).TempControl is a specialised service for the transportation of pharmaceuticals, healthcare material and other commodities requiring temperature-sensitive transport.“We provide TempControl service in MEX ...
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US-China trade war escalates as Trump adds more tariffs
In a new development in the trade war between the US and China, US President Donald Trump is adding a 10% tariff to $300bn worth of imported Chinese goods, with effect from September 1.Congestion at airports – and disruption to wider supply chains – could occur in the short term, ...
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NewsSpeedy Freight UK opens branch in York
516377881UK-based Speedy Freight, a provider of urgent or sensitive transport, has opened a new premises in York in the North of England.“It’s a very cost-effective service for customers who need things doing fast,” explained Simon Chorlton, business owner of Speedy Freight’s Hull and Doncaster franchises. “Our system guarantees clients a ...
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Air cargo suffers ‘onslaught’ in June, says WorldACD
Data from air cargo market analyst WorldACD shows a decline in global airfreight volumes of 8.9% in June, compared to the same month of 2018.The load factor dropped 3.3 percentage points and yield also fell, by 6.3%. As a result, WorldACD said airlines suffered a year-on-year fall in revenues of ...
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NewsSilk Way West Airlines announces new APAC vice president
Copyright: Silk Way West AirlinesSilk Way West Airlines has appointed Jenny Zhao as its new vice president, Asia Pacific. Zhao will take over from Nurid Aliyev, who has stepped down for personal reasons.Zhao has more than 15 years of experience in the air cargo industry, having previously held senior management ...
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Technology tops forwarders’ agenda, says IAG Cargo
IAG Cargo, the freight arm of UK-headquartered International Airlines Group, has carried out a survey of more than 400 freight forwarders in 47 countries, which reveals that more than half (55%) of respondents see increased automation and digitalisation as “key trends” this year.The report, Cargo Next, indicates that 70% of ...
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Cathay Pacific pioneers ULD blockchain technology
Hong Kong-based Cathay Pacific is the first airline to introduce blockchain technology to manage its ULDs in real time via a mobile app and will ultimately eliminate paper receipts, following a successful trial last year.The first stage of the project began in July. It will initially focus on ULD transactions ...