All News articles – Page 414
-
NewsFlexport launches trade finance solution
Flexport is launching a trade finance solution that it claims will help companies alleviate capital constraints caused by the US-China tariffs.Flexport said that because all client shipments are managed on its digital platform, with data down to the SKU level, it views risk differently than a bank would because it ...
-
NewsVolga-Dnepr marks the passing of Ron King
Ron KingFormer Volga-Dnepr stalwart and US air cargo veteran Ron King passed away on July 19 at the age of 76.The airline said that King had "left an immense imprint on the air cargo sector in the US in general and on Volga-Dnepr’s development in particular"."With almost 50-years' experience in ...
-
NewsAir Charter Service opens Brazil premises following market growth
Aircraft charter specialist Air Charter Service (ACS) has increased its presence in Brazil with the opening of a new premises.The new premises is part of the organisation's investment into operations in South America.“Our new premises is almost twice the size of our last place and gives us enough space for ...
-
News
Kuehne+Nagel expands perishables network with acquisition of WWP Canada
Kuehne+Nagel (K+N) has acquired Worldwide Perishable Canada (WWP), which further expands the perishable division of the business.Founded in 1999 and headquartered in Nova Scotia, Canada, WWP is a leading freight forwarder that is particularly involved in the exporting of tuna.K+N already has a strong presence on the east coast of ...
-
News
Keep calm and cargo on: Heathrow strikes called off
The UK’s air cargo industry is set to run smoothly this weekend after planned strikes at London's Heathrow Airport, scheduled to happen on July 26-27, were postponed.The strikes could have caused significant disruption to UK air cargo operations, in addition to many other flights and services at Heathrow.In response to ...
-
News
UPS up in Q2 thanks to rising demand for next-day air services
Express firm UPS saw revenues and profits increase during the second quarter of the year on the back of increasing demand for next-day air services.The company reported a 3.4% year-on-year increase in revenues to $18bn during the period, while net income increased by 13.5% on a year earlier to $1.5bn.UPS ...
-
News
UPS to launch drone business and SME e-commerce delivery operation
UPS is launching an international delivery service for small and medium size retailers in order to capture a slice of surging cross-border e-commerce, forecast to total $1trn by 2020, while it has also announced the launch of a new drone business.The UPS Economy service will connect key e-commerce destinations across ...
-
NewsBIFA Young Forwarder Network launches events for members
The British International Freight Association (BIFA) Young Forwarder Network (YFN) will host a free professional development event for its members near Heathrow, London.A highlight of the event is the involvement of professional speaker and coach Rudee Bertie, who will provide insight into how members can increase their confidence and personal ...
-
News
Heathrow truckers benefit from reduced waiting times
Trucking firms have noticed a reduction in dwell times at Heathrow airport’s congested cargo sheds following the launch of a community data system.Air cargo data community CCS-UK launched its Advance Information System (AIS) more than 18 months ago and various logistics players are now using the system, which provides shipment ...
-
News
Lufthansa Cargo chills out with CSafe RAP
Lufthansa Cargo is the latest airline to qualify and approve the CSafe RAP temperature-controlled container for pharma shipments.The German carrier has approved the CSafe Global’s specialist ULD for use on the group’s network of airlines, serving over 300 destinations worldwide.Thorsten Braun, Lufthansa Cargo’s senior director of industry development and product ...
-
NewsEntries open for TIACA's new Sustainability Award
The International Air Cargo Association (TIACA) has announced that it will host its first ever Sustainability Award, as part of its Sustainability Program, supported by CHAMP Cargosystems. Entries are now open for applicants’ submissions.The Sustainability Award will recognise achievements in noise reduction, the development of sustainable warehouses and handling buildings, ...
-
News
Cargojet piles on the pounds for e-commerce peak demand
Canadian overnight freighter operator Cargojet said that it handled "record volumes" and added capacity to meet e-commerce demand for overnight deliveries driven by Amazon's Prime Day shopping holiday.Ajay Virmani, president and chief executive, said: "Cargojet handled in excess of 1,000,000 pounds [454 tonnes] more than an average week and operated ...
-
NewsK+N airfreight volumes fall 5.8% in first half 2019
Kuehne + Nagel (K+N) saw first half 2019 airfreight volumes fall 5.8% to 813,000 tons, blaming “stagnating markets” in some key industries and an “under pressure” global air cargo sector hit by growing trade barriers.At SFr174m, K+N’s airfreight division saw its EBIT down by 4.4% compared to the 2018's like ...
-
News
Flexport switches freighter flights to new operator
Freight forwarder Flexport has switched its transpacific air charter operation from Western Global to a service run by Plus Logistics, a Nippon Cargo Airlines (NCA) subsidiary, and Atlas Air.A spokesperson for the company said that the switch was made on July 8 without a single missed flight. Atlas Air operates ...
-
News
Amazon to create 2,500 jobs and 'robotics opportunities' in Ohio hubs
Amazon is to open two new Ohio fulfillment centers, creating more than 2,500 full-time jobs and opportunities to work alongside robotics in an “industry-leading workplace”.Each centre, one in Akron and the other in Rossford, occupies more than 700,000 sq ft and will be used to pick, pack and ship small ...
-
News
FTA 'No deal Brexit' memo to Johnson and Hunt: Keep Britain trading
Britain’s next Prime Minister, either Boris Johnson or Jeremy Hunt, has been warned by the FTA that a ‘No deal Brexit’ would be the “worst possible outcome” for the UK economy, while also citing the “fragility” of government plans.The result of the Conservative Party leadership contest, and thus the next ...
-
NewsPanalpina: Airlines to tighten capacity in a weaker 2019 peak season
Airfreight’s 2019 second half peak season will be weaker than 2018 and 2017, with airlines managing capacity more tightly in an attempt to lift rates.That is the view of Panalpina’s global head of airfreight, Lucas Kuehner, who was commenting on an estimated 5% second quarter fall in 2019’s global airfreight ...
-
NewsDelta Cargo focusses on investments
Delta Cargo, Shawn ColeOver the last three years Delta Air Lines has invested four times the amount that it spent in the preceding ten years to develop its cargo business.Delta Air Lines vice president of cargo Shawn Cole tells Air Cargo News that much of the investment was made in ...
-
NewsChanges at the head of Cathay Pacific's cargo business
Cathay Pacific has changed the reporting lines of its cargo division.Freighter fleet network planning will now fall under the remit of the new director of commercial, Lavinia Lau, while cargo commercial will report directly to chief customer and commercial officer, Paul Loo.Lau takes over the role from director commercial and ...
-
News
Cargo-partner to expand with new offices
Logistics firm cargo-partner is expanding with new offices in Australia, the UAE, Austria and Malaysia as it pursues organic growth.The most recent addition in cargo-partner’s global presence is Melbourne, Australia, which became fully operational as of July 15.In Malaysia, the company has taken up operations with a sales and customer ...