All News articles – Page 447
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News
SIA Cargo reports disappointing January figures
Reporting on its January freight statistics, Singapore Airlines Cargo (SIA Cargo) has revealed that its cargo load factor fell by 3.8 percentage points compared to the same month of 2018 – down from 61.9% to 58.1%.That was because cargo traffic (as measured in freight tonne-kilometres) fell by 6.2% year on ...
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NewsFedEx names Raj Subramaniam as president and chief operating officer
Raj SubramaniamFedEx Corp has announced that Raj Subramaniam will become its president and chief operating officer as of March 1.The appointment of Subramaniam follows incumbent David Bronczek’s decision to retire as president and chief operating officer of the express services giant.Subramaniam, who has been with FedEx for more than 27 ...
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NewsKerry ties up with E-Services Group on e-commerce
Asia-based but globally active 3PL Kerry Logistics has announced that it is to create a joint venture (JV) with Hong Kong-headquartered E-Services Group (ESG), an international e-commerce company active in Asia.The tie-up – Kerry ESG (HK) Company Limited (or, more simply, Kerry ESF) – is expected to go into operation ...
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Kale Logistics Solutions highlights value of African market
Kale Logistics Solutions, which supplies IT systems to the global logistics sector, has revealed its belief in the importance of the African continent as an emerging market.Air Cargo Africa is currently taking place (it runs between February 19 and 21 February) at Casino Convention Resort, Emperors Palace, in the city ...
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NewsIATA announces finalists for 2019 cargo innovation awards
IATA has confirmed the finalists for its 2019 Air Cargo Innovation Awards, the original 56 ideas having been whittled down to just three by an independent jury panel.The three ideas in the final running for top prize, all of which relate to ULD technological development, are as follows:Air New Zealand ...
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NewsEmirates to link Dubai to Porto
Emirates B777-300ERDubai-based Emirates has confirmed that it is to launch a four times a week connection from its home hub to Portugal’s second-largest city, Porto.On July 2, Porto will become the airline’s second Portuguese destination, adding to the current twice-daily service to the national capital of Lisbon.The link will be ...
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NewsSEKO customers benefit from Easyship connectivity
SEKO e-commerceSupply chain services provider SEKO Logistics’ partnership with Easyship, a cloud-based shipping platform that helps e-commerce traders to ship worldwide, is benefiting the customers of both businesses, according to the former.The Easyship platform gives its 40,000 retail and etail users quick and easy access to SEKO’s cross-border e-commerce offerings.Shipments ...
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News
Aero Cargo scoops Air Senegal GSSA deal
GSSA Aero Cargo – owned by the ECS Group - has won the contract to sell the freight capacity of new national airline Air Senegal across its network.Air Senegal began operating on a regional basis in 2018, running flights within Africa with the aim of becoming the “leading West African ...
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News
Unilode appoints Jensen
ULD firm Unilode Aviation Solutions has appointed Joseph Jensen as managing director customer experience, starting in early March.Jensen will be based in the US, report directly to chief executive Benoît Dumont and oversee the "customer centricity programme to improve the customer experience along the complete value chain", including support of ...
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News
Hong Kong the latest airport to report weak start to the year for cargo
The world's busiest airport for cargo, Hong Kong, saw freight volumes decline by 4.2% in January to 401,000 tonnes."Uncertain global economic conditions contributed to decreases in cargo volume in January," the airport said.Imports and transhipments were affected the most, registering 8% and 6% year-on-year drops, respectively.Amongst key trading regions, cargo ...
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News
New routes help Turkish Cargo grow rapidly in 2018
Turkish Cargo saw air cargo volumes grow by more than 20% last year, according to figures from analyst World ACD.Figures from the data provider show the airline noted a 21.7% increase in the chargeable weight of cargo transported, which the airline pointed out is 10 times higher than the average ...
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News
Airfreight helps drive profit improvement at Agility
Logistics firm Agility saw revenues and profits improve last year, while it has also confirmed that it has entered tie-up talks with Panalpina.The Kuwait-headquartered logistics firm saw revenues for 2018 increase by 10.2% year on year to KD1.5bn, while ebitda was up 14.5% to KD154.8mand net profits jumped 18.4% to ...
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News
DPDHL and SF Holding complete €700m supply chain tie-up in China
Deutsche Post DHL (DPDHL) has concluded a deal to transfer its supply chain operations in China to SF Holding in a ten-year strategic partnership to grow the business in China.As part of this deal, which was first announced at the end of October last year, DP DHL will receive an ...
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News
Saudia Cargo to team up with new box port on air-sea solution
Saudi Airlines Cargo has signed an agreement with the recently opened King Abdullah Port to help establish logistics operations between the sea gateway and King Abdulaziz International Airport.The agreement, which comes shortly after inaugurating King Abdullah Port, will establish a cargo corridor between the port and King Abdulaziz International Airport ...
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News
Panalpina seeks tie up with Agility as DSV ups its offer
The ongoing Panalpina takeover saga took another twist today as the forwarder announced it was in talks with Kuwait-headquartered Agility over a potential tie up and in response DSV has upped its offer for Panalpina.Panalpina this morning confirmed media reports that it is "in discussions with Agility Group on potential ...
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News
Boeing 747 at 50, take a trip down memory lane
Boeing has celebrated the 50th anniversary of its iconic B747 passenger and freighter aircraft with a look back over the key milestones of the original "jumbo jet".Click here to see a video of 50 years of flight for the "Queen of the Skies".The post also includes historic pictures of the ...
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News
Five new leaders to drive growth at GEFCO’s freight forwarding division
GEFCO Group has nominated five new leaders to grow and expand its freight forwarding business worldwide.The new leaders are:Valentin Elistratov, Global Commercial DirectorKarin Van Den Brekel, Life Science and Health Care Global ManagerKatherine Shek, Regional Director for AsiaPeter West, Country Director for Australia and New ZealandAlicja Szewczyk, Global Human Resources ...
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Transpacific airfreight rates decline again in January
Airfreight rates on the transpacific trade lane continued to come under pressure in January as contacts say that demand at the start of 2019 has been lacklustre.Figures from Tac Index show that airfreight rates on services from Hong Kong to North America declined by 0.8% year on year to an ...
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Suparna looks to expand on the transpacific
Suparna Airlines is hoping to further expand its international operations with new flights across the transpacific and to Japan.According to a filing with the Civil Aviation Administration of China (CAAC), Suparna, formerly Yangtze River Airlines and known in China as Jinpeng, would like to add a flight calling Shanghai Pudong-Zhengzhou-Anchorage-Chicago-Halifax-Anchorage-Xi'an.The ...
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Panalpina chief: We're on the acquisition trail
Panalpina chief executive Stefan Karlen has told the Swiss business press that the forwarder is on the acquisition trail, despite itself being a takeover target.Karlen told Finanz and Wirtschaft (F&W) that the company would be looking to grow organically and inorganically through acquisitions.This could include deals involving companies the same ...