All News articles – Page 432
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NewsHong Kong traders cautious on US-China trade dispute but unfazed by Brexit
Source: DHL Express Hong Kong and compiled by the Hong Kong Productivity CouncilHong Kong-based traders who use airfreight remain cautious due to the ongoing US-China trade dispute but are are optimistic that the situation will be resolved in the next quarter.That was one key highlight from the latest DHL Hong ...
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NewsRedCargo Logistics signs interline agreement with Oman Air
Source: Red CargoRedCargo Logistics, the cargo and logistics platform of AirAsia, has signed an interline agreement with Oman Air.The new agreement will provide RedCargo customers with access to belly space on Oman Air’s network including to Africa, the UK and mainland Europe.Oman Air customers will be able to book cargo ...
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NewsSilva is the new managing director for Dachser's European Logistics Iberia
Celestino Silva, Dachser managing director, European Logistics IberiaCelestino Silva will take over as managing director of Dachser’s European Logistics (EL) Iberia business unit.He succeeds Juan Quintana, who has opted to leave the freight forwarder to pursue new professional opportunities.Silva began his career at Azkar—the predecessor of Dachser EL Iberia—over 20 ...
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NewsBudapest Airport strengthens logistics links with Chinese hubs
L-R: René Droese, Péter Szijjártó and Wang ZhendongBudapest Airport will cooperate with two Chinese cargo hubs, Xi’an Xianyang and Zhengzhou international airports, to develop the Hungarian gateway into a major central and eastern European distribution base for Chinese goods.This was the main goal of the Memorandum of Understanding (MoU) signed ...
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NewsCCA event to explore how air cargo can reduce waste
Stavros Evangelakakis, Chairman of the Cool Chain Association and Global Product Manager Healthcare and Perishables, CargoluxThe Cool Chain Association (CCA) will host its Fifth Global Perishables Event at Europe’s largest fresh and food hub at Venlo, the Netherlands, on May 14-15 with a focus on how the airfreight supply chain ...
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Traditional forwarder systems designed to be secure, not to share data
If the future is all about data sharing and transparency, then traditional freight forwarder IT systems are not the natural place to start, according to Moritz Claussen, co-founder of online booking platform cargo.one.“They were designed to be secure, not to share data,” he explained to delegates at the Air Cargo ...
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NewsAmazon, e-commerce opportunity, not a threat
L-R: Roger Hailey (editor Air Cargo News), Brendan Sullivan, Ross Marino, Fatih CigalAmazon’s move into logistics should be seen as an opportunity not a threat, according to panellists at the Air Cargo News Conference 2019.“Some air cargo players are already benefiting from working with Amazon and others are looking at ...
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UPS profits hit by severe winter weather
UPS saw profits decline in the first quarter of the year as extreme winter weather hit earnings.During the period, the company saw revenues increase by 0.3% to $17.2bn while net income declined by 17.4% to $1.1bn.The company said that its profits were affected by “severe winter weather in the US” ...
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Panalpina continues to expand in the perishables sector with its latest acquisition
Panalpina will continue the expansion of its perishables network in South America through the acquisition of CargoMaster in Colombia and its subsidiary, Laseair, in Ecuador.Panalpina said that CargoMaster is one of Latin America’s largest companies specialised in the airfreight export of perishables, mostly flowers to the US.From Colombia and Ecuador, ...
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NewsK+N first quarter airfreight volumes fall 3.1% in a 'declining market'
Source: K+NKuehne + Nagel (K+N) saw 2019 first quarter airfreight volumes fall 3.1% to 409,000 tonnes, citing "significant increases in tonnage in the previous years" against the backdrop of "a declining market".The world's largest freight forwarding group recorded a net turnover rise of 7.7% to SFr5.2bn in the first three ...
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NewsKRL promotes Phythian to managing director
KRL managing director Peter PhythianLogistics firm and aircraft charter service provider KRL has appointed Peter Phythian as its new managing director.Phythian is promoted from his current role of operations director.Under his new role, all of the KRL group companies, including KRL UK, World Transhipment Services Limited (WTS), KRL Forwarding Ireland ...
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Schiphol's local rule finally gains approval
Dutch Minister for Infrastructure and Water Management Cora van Nieuwenhuizen has finally given approval for a local rule at Schiphol Airport that will see freighter operators gain priority on slots returned for re-issue.The local air cargo community has been campaigning for the implementation of the local rule since 2017 when ...
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NewsB&H is logistics engine for AOG-247 components supplier
Logistics provider B&H Worldwide has signed a multi-year deal to provide aircraft and engine components supplier AOG-247 with warehouse and inventory management services at both London Heathrow and Frankfurt airports.Under the terms of the contact B&H will provide full inventory management at both locations, including complete consignment handling and access ...
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Julie Black becomes deputy chair of BACA
Julie Black has been elected deputy chair of BACA – The UK-based Air Charter Association.Black, who has a senior position at broker Hunt & Palmer, takes on the role with immediate effect working alongside Nick Weston, chairman of the association.Black said: “I have a forthright and hands-on approach, which are ...
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NewsCargolux reports record profits despite challenging market conditions
Cargolux B747-8FLuxembourg-based airline Cargolux saw net profits after tax increase by 72.7% year on year in 2018 to $211.2m thanks to its new ACMI operation, a record year for charter and demand for increased demand for specialist shipments.Consolidated revenues at the airlines for the year increased by 16.4% year on ...
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NewsAir Charter Service appoints new non-exec director
Richard Carrick, ACSAir Charter Service (ACS) has appointed Richard Carrick as a non-executive director to the company’s group board.Justin Bowman, ACS group chief executive, commented: “We are looking at our growth over the coming years – in expanding our global network of offices, in investing in technology, as well as ...
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Bolloré clicks with CargoWise for new digital solution
Logistics firm Bolloré Logistics will continue its digital drive by rolling out a new platform across its global network.The company today announced that it had signed up to use WiseTech Global's CargoWise One digital platform across the whole of its business, with the roll out starting in May.The system will ...
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NewsEtihad Cargo continues its digital push with new booking capabilities
Etihad Cargo will continue its digital drive by rolling out a new messaging system and a new API-based booking system.The airline said that it had successfully completed trials of an automated Freight Forwarder Messaging system that will allow bookings to be instantly made and confirmed.These pilots were undertaken with DHL ...
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Changi freight volumes dip 1.5% in March
Singapore's Changi Airport saw cargo volumes dip 1.5% year on year in March to 185,000 tonnes, following a 8.3% decline in February.For the first quarter of 2019, Changi's airfreight throughputs were down 3.8% at 493,000 tonnes, which a spokesperson for the Asian hub said was due to "a slowdown in ...
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NewsMiami airport’s Pineda to join Tiaca’s board
Emir PinedaMiami airport’s Emir Pineda has been elected to the board of The International Air Cargo Association (TIACA).Pineda is trade & logistics manager for the marketing division of the Miami-Dade Aviation Department, which operates Miami International Airport (MIA).Pineda started his career as an intern at MIA in 1988 before embarking ...