All News articles – Page 437
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NewsGretton joins Baxter Freight as finance director
Nick GrettonNick Gretton has joined UK-based Baxter Freight as finance director in line with its growth plans.Nottingham-headquartered Baxter Freight – which has recently achieved an all-time turnover of more than £50m - is celebrating its fifth anniversary of trading this year.Gretton is a chartered accountant with many years’ experience as ...
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CargoLogicAir chief executive David Kerr has a Brexit plan
CargoLogicAir (CLA) chief executive David Kerr has a Brexit plan. The UK-registered B747 freighter operator increased its flight schedule from mid-March as the Stansted-based carrier prepares for a possible no-deal Brexit when the UK leaves the European Union on March 29 [at the time of writing].The carrier’s twice-weekly flight schedule ...
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DSV Panalpina: Focus on higher margins and growth rather than slimming down on jobs
DSV intends to lift the profit margin of $4.6bn take-over target Panalpina after the two global freight forwarders have combined their businesses into a $17bn turnover company.DSV boss Jens Bjørn Andersen indicated that the regulatory process in the all-share transaction should take around six months to complete, and that he ...
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NewsDSV boss "happy, proud and humble" to merge with Panalpina
DSV boss Jens Bjørn Andersen said that the proposed $4.6bn merger with Panalpina is expected to complete in around six months.Andersen, chief executive of Denmark-based DSV, made his comments during an investor call this morning on the “combination of forces” with Switzerland-headquartered Panalpina.The merger, still subject to shareholder and regulatory ...
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NewsBreaking news: Panalpina and DSV set to merge in $4.6bn deal
DSV and Panalpina have agreed the terms and conditions of a combination to join forces with a Public Exchange Offer to all Panalpina shareholders.If the DSV offer of SFr195.8 for each Panalpina share is successful, a deal worth around $4.6bn, DSV and Panalpina will become one of the world’s largest ...
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NewsNetwork Airline Management and Astral Aviation fly relief aid to Mozambique
Network Airline Management (NAM) has responded to an urgent request from Scan Global Logistics in Denmark to move relief aid to Mozambique after the devastation caused by cyclone Idai.NAM and its partner, Kenyan all-cargo airline Astral Aviation, flew 52 tonnes on a scheduled flight from Liege to Nairobi, where the ...
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Heightened risk of no deal Brexit warns FTA
The UK’s Freight Transport Association (FTA) has warned that the risk of a no deal Brexit departure from the European Union (EU) is “heightened” after today's rejection of the government's proposed Withdrawal Agreement by Parliament.And ADS Group, the UK trade organisation representing the aerospace, defence, security and space sectors, said ...
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Amazon confirms move into B737-800 freighters with Southern Air CMI deal
Amazon Air is moving into B737-800 freighter operations, with a potential for up to 20 aircraft, after Atlas Air Worldwide (AAWW) confirmed that its wholly owned subsidiary, Southern Air, will provide crew, maintenance and insurance (CMI) services to Amazon for the B737 type.In a AAWW Form 8-K filing to the ...
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Brussels Airport and MVD Free Airport sign MoU for pharma
Brussels Airport and Montevideo’s MVD Free Airport have signed a memorandum of understanding to continue sharing know-how and best practices to develop new pharma certified lanes between Europe and Latin America.A joint statement from Uruguay’s MVD Free Airport and Brussels Airport Company said that they both “see eye-to-eye with regards ...
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Hailey to hand over Air Cargo News’ controls to Brett
After five years at the controls, Air Cargo News’ Roger Hailey will step down as editor in May as he moves on to become a freelance journalist.He will be replaced in the role by Damian Brett who steps up from his current position as news editor.Hailey has been a journalist ...
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NewsRedCargo and GD Express announce regional partnership in Asia for e-commerce
RedCargo Logistics, the cargo and logistics platform of AirAsia, has announced a strategic partnership with Malaysian express delivery provider, GD Express (GDEX).The partnership provides GDEX customers with access to AirAsia’s extensive network of more than 5,000 weekly flights across Asia Pacific.RedCargo Logistics will be provided with opportunities to explore last-mile ...
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NewsNational Airlines and DHL help deliver relief aid to cyclone-devastated Mozambique
US-based National Airlines flew a B747-400F from both Toronto and Amsterdam to Cyclone Idai-affected Mozambique with 70 tonnes of relief materials from the Canadian Red Cross Society.Cyclone Idai struck the African continent on March 14, killing and displacing thousands of people and causing damage all across Mozambique.Relief organizations rely on ...
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NewsSEKO to serve as Peli network station in Dublin
Peli BioThermal ULDs at SEKO's Dublin facilitySEKO Logistics’ new operation in Ireland has won a three-year contract to serve as Peli BioThermal's network station and service centre in Dublin.The Master Services Agreement will see SEKO Logistics’ team service, refurbish, repair and condition Peli BioThermal’s Crēdo on Demand pharma ULDs, used ...
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Kerry Logistics warns of ongoing supply chain disruption caused by China-US rivalry
On announcing its 2018 results, Hong Kong-headquartered freight forwarder Kerry Logistics warned it is expecting supply chains to continue to be affected by the ongoing trade rivalry between China and the US.The company said it saw revenues increase by 24% year on year to HK$38.1bn in 2018 on the back ...
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Azul pulls out of e-commerce joint venture with Correios
Brazilian passenger airline Azul has pulled out of a proposed joint venture with national postal service Correios to launch a logistics platform serving Brazil’s e-commerce sector.Azul said that its cargo business grew revenues by a record 57% in 2018, “significantly higher than originally projected when the company initiated its discussions ...
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Aero Africa opens a control tower office in Shanghai
Air cargo management group Aero Africa has opened a centralised customer service and solutions centre in Shanghai.Managed by Eric Dong, who has experience in the Chinese airfreight market, the control tower office will be responsible to sign local and independent customer service agents in the Asian region.It will also assist ...
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NewsAirlines saw 'steep declines' in Asian airfreight during February
Asia Pacific airfreight markets recorded “steep declines” in February according to preliminary figures issued by the Association of Asia Pacific Airlines (AAPA).The association saw the “prevailing weakness” in air cargo markets “further aggravated” by the closure of businesses during the region’s holiday period.Said an AAPA spokesperson: “Air cargo markets recorded ...
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NewsFIATA issues best practice guide to fight cybercrime
Picture: FIATAThe International Federation of Freight Forwarders Associations (FIATA) has released its “Best Practice Guide on Prevention of Cybercrime” for its members and the industry at large.Said a FIATA spokesperson: “Cybercrime continues to manifest its impact on international logistics and supply chain management systems.”It has issued the practice guide “in ...
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Cathay Pacific Cargo strikes an optimistic note despite weak start to 2019
Cathay Pacific Cargo remains optimistic about its cargo business, despite registering declines in its cargo revenues and volumes during the first two months of the year.The carrier group saw cargo traffic decline by 9.3% in February following on from a 5.2% slide in January.However, general manager cargo commercial Nelson Chin ...
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NewsDnata expands into Belgium with Brussels Airport cargo hub
Dnata has launched operations in Belgium by opening a cargo centre at Brussels Airport that represents an investment of €8m and creates up to 100 local jobs with the company.The Dubai-based global cargo handler’s first customer in Brussels is Singapore Airlines, which operates eight weekly flights with an annual capacity ...