All News articles – Page 439
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NewsClaws for celebration: Lobsters help Halifax Stanfield pot record cargo volumes in 2018
Nova Scotia seafood represented a “significant portion” of the record 36,938 tonnes of cargo processed at Canada’s Halifax Stanfield airport in 2018.The increase of 8.5% over 2017 marks the fifth consecutive year of cargo volume growth for the airport and comes as the hub begins work on a new logistics ...
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NewsAtran expands fleet again with first B737-800BCF
Atran B737-800BCF behind a B737-400BCFAtran Airlines has enlarged its fleet with the delivery of the first Boeing B737-800BCF, increasing its total number of freighters to five.Having successfully completed certification of the Boeing 737-800BCF in Russia, the Volga-Dnepr Group airline will be the first to operate this type of freighter. It ...
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Dallas Fort Worth looks to India for pharma flows
Dallas Fort Worth International airport (DFW) is working with India’s Hyderabad airport to develop pharma product flows after the US hub’s cargo community gained IATA’s CEIV Pharma certification.John Ackerman, executive vice president of global strategy and development at DFW Airport, said: “We have been spending time in Hyderabad and Mumbai ...
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NewsCarousel Logistics expands with BDA acquisition
Carousel Logistics has purchased BDA Logistics Innovation (BDA), a move that increases its overnight airfreight operation between the UK and Europe.Carousel said the acquisition of the time-critical aftermarket logistics specialist strengthens its position across Europe, with turboprop airfreight services covering the Netherlands, Ireland and the UK.This is Carousel’s third acquisition ...
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NewsTurkish Cargo flies historical artifacts to Japan
Turkish Cargo carried 186 historical artifacts to Tokyo for display at the Ottoman Empire and Tulip Culture exhibition.The artifacts, owned by the Dolmabahçe and Topkapı Palaces, will be displayed as part of events organised to celebrate 2019 as the "Year of Turkish Culture" across Japan.Before the Boeing 777F flight from ...
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Virgin Atlantic Cargo set to debut in South America
Virgin Atlantic Cargo will launch daily Boeing 787 passenger flights between London Heathrow and São Paulo, Brazil, in 2020, its first foray into South America.The new route will give customers direct access into the continent’s largest import and export market. The airline expects to carry regular shipments of car parts, ...
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FedEx warns of continuing weakness in global trade
FedEx reported fiscal third quarter financial results that were “below expectations” and has warned of continued weakness in global trade.The express firm registered an adjusted third-quarter net profit of $797m compared with $1bn a year earlier, while revenues edged up to $17bn from $16.5bn.“Our third quarter financial results were below ...
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NewsShippers rally to protect freighter slots
The Global Shippers’ Alliance (GSA) will put pressure on IATA to end its “detrimental to freighters” airport slots policy, one of a series of initiatives to speed up the airfreight supply chain, address growing e-commerce volumes and promote a “positive image” for air cargo.The GSA wants to “further strengthen” global ...
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No bellyache for freighters, the backbone of air cargo
Freighter aircraft will continue to play an important role in air cargo supply chains, despite the growth in big bellied passenger aircraft fleets, and will maintain a 50-50 market share versus below deck cargo.Tom Crabtree, regional director, Boeing Commercial Airplanes market analysis-air cargo, told an audience at IATA’s World Cargo ...
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NewsAirBridgeCargo reconfirms compliance with Cargo iQ’s quality standards
AirBridgeCargo Airlines (ABC) has passed its second audit, reconfirming its compliance with the quality standards of IATA interest group Cargo iQ.During a two-day inspection of its operations in Moscow, the Russian airline was measured against a series of KPIs to guarantee that its services conform to the highest industry quality ...
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NewsUPDATE Lufthansa Cargo: airfreight boom comes to an end
Lufthansa Cargo has warned that the airfreight boom of the last two years has come to an end after reporting an increase in profits last year.The carrier generated over €2.7bn in revenue and a profit of €268m (adjusted EBIT) in 2018, the second-highest result in the German flag-carrier‘s history, on ...
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NewsEnvirotainer's Mumbai station is open for business
Specialist pharma-chain ULD provider Envirotainer has added a Mumbai station to its network in support of its RKN e1 and RAP e2 containers.Mumbai (BOM) is the 32nd station in the Envirotainer network to carry its flagship RAP e2 solution, an advanced temperature-controlled air cargo container.Suat Toh, Envirotainer head of sales ...
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CMA CGM nears 90% of voting rights in CEVA Logistics
CEVA Logistics is likely to de-list from the SIX Swiss Exchange later this year after confirming media reports that French shipping group CMA CGM is on course to control almost 90% of the voting rights in the supply chain company.Switzerland-based CEVA said that a SFr30 per share public tender offer ...
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NewsE-commerce and specialist products can 'cushion' air cargo in economic downturns
Glyn HughesGrowing e-commerce volumes and specialist high value products such as pharma and perishables provide a “cushion” and “in-built resilience” for air cargo in times of global economic downturns.IATA Cargo boss Glyn Hughes, speaking after the three-day World Cargo Symposium (WCS) in Singapore, said that there was a mood of ...
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NewsLufthansa Cargo: airfreight boom comes to an end
Lufthansa Cargo has warned that the airfreight boom of the last two years has come to an end after reporting an increase in profits last year.The carrier generated over €2.7bn in revenue and a profit of €268m (adjusted EBIT) in 2018, the second-highest result in the German flag-carrier‘s history, on ...
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Rhenus buys Canada's Rodair
Germany’s Rhenus Group has acquired Canadian logistics provider Rodair. The acquisition, terms were not disclosed, is subject to approval by the relevant authorities.The core business activities at Toronto-headquarter Rodair involve international freight forwarding, project logistics, courier, warehousing and distribution, 3PL services, and e-commerce solutions.The company, founded in 1996, has business ...
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NewsAir Cargo Europe: Airfreight getting data to really take off
Artificial intelligence (AI) is one solution for the air cargo industry as it addresses the growth of e-commerce and a workforce skills shortage.Other solutions include further automation in the supply chain and greater use of data from the Internet of Things.These are among the topics that will be discussed during ...
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BIFA continues to prepare for a no-deal Brexit
The British International Freight Association (BIFA) is advising its members to continue preparing for a no-deal Brexit departure on March 29, "until further clarity is obtained".BIFA offered this advice “while the UK government keeps working, pushing and grinding on to try again to make the case for its Brexit compromise, ...
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Hong Kong air cargo down 14.4% in February due to "unfavourable macroeconomic conditions"
Hong Kong International Airport (HKIA) saw cargo throughputs plunge 14.4% in February to 274,000 tonnes due to “unfavourable macroeconomic conditions”.The world’s number one cargo by volume in 2018 handled 676,000 tonnes in January and February 2019 for an 8.6% decrease compared to the same period in 2018.Said an HKIA spokesperson: ...
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NewsPer Hojland joins Saudia Cargo
Per Hojland, Executive Director, Cargo Operations Worldwide, Saudia CargoSaudia Airlines Cargo has appointed Per Hojland to the position of executive director, cargo operations worldwide.Hojland, a Danish national, took up his new position in Jeddah in March. He joins Saudia Cargo after having spent the past 25 years in various roles ...