All News articles – Page 457
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News
Transpacific airfreight rates drop off in December
Airfreight rates on the transpacific trade lane took a tumble at the end of the year as reports suggest the China-US trade war began to affect air cargo.The latest figures from Tac Index show that in November the average price of services from Hong Kong to North America in December ...
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UK prepares for "very significant" disruption on ferry routes after a Hard-Brexit
The UK government has warned of “very significant” disruption on Dover Straits ferry routes if additional customs checks are introduced at French ports Calais, Coquelles and Dunkirk in the event of a hard Brexit, when Britain leaves the European Union on March 29.A statement from Chris Grayling, the secretary of ...
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Whale I never, Cargolux: Shifting to the dock of a bay for a pair of little belugas
Cargolux will sponsor a B747 freighter flight to help relocate two beluga whales, Little Grey and Little White, 6,000 miles from China to Iceland in the spring of 2019.The complex journey will see the whales move from Changfeng Ocean World in Shanghai via land, air and sea to a large ...
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SAA Cargo revs its engines for Dakar rally transport operation
South African Airways Cargo (SAA Cargo) has once again partnered with the Toyota Gazoo Racing South Africa Team to provide transportation services ahead of the 2019 Dakar Rally.The partnership, which has been running since 2012, sees SAA Cargo transport two vehicles and spares weighing 8,500kg from South Africa to Sao ...
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Hong Kong and Brussels airports launch pharma corridor
Hong Kong International Airport (HKIA) and Brussels Airport have launched an airport-to-airport (A2A) pharma corridor for temperature-sensitive medicines that will pioneer a global network of specialist pharma corridors.Pharma shipments travelling the Hong Kong-Brussels airports corridor will be handled in strict compliance with the CEIV Pharma standards and carried by CEIV ...
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Low-cost airline NokScoot appoints ECS in Asia
Low-cost airline NokScoot has appointed the ECS group as its GSA in Asia under a three-year total cargo management contract.The airline, a partnership between Singapore’s Scoot and Thai Nok Air, is based in Thailand at Don Muang International and operates 49 flights per week in Asia to China, Japan, India ...
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Menzies Aviation expands in Australia with new operations
Menzies Aviation has expanded its cargo operations in Australia, with two new cargo facilities - at North Queensland’s Cairns Airport and at Melbourne Avalon Airport in Victoria.Virgin Australia is the inaugural customer for Menzies Aviation Cairns – a joint venture with local firm AT Group - with eight scheduled flights ...
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Asian Airlines see cargo growth slow in November
The latest figures for the Association of Asia Pacific Airlines (AAPA) shows that cargo demand growth slowed in November as business orders weakened.The latest AAPA figures show that cargo demand was up by 0.1% year on year in November compared with a 4.3% increase over the first 11 months of ...
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SEKO Logistics makes first acquisition in 42-year history to start 'transformative year'
SEKO Logistics has purchased Chicago-headquartered customs brokerage and compliance consultancy GoodShip International as it kicks off what it describes as a transformative year.The acquisition is SEKO's first in its 42-year history and is part of plans to expand its global footprint, establish more partnerships and make further acquisitions in the ...
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KKR partners with Altavair in $1bn aircraft investment
US-based Global investment firm KKR is linking up with Altavair AirFinance with an initial $1bn capital commitment, part of which will go towards the acquisition of six “cargo aircraft” on long-term lease with “a diverse group of airline counterparties”.Dan Pietrzak, a member of KKR, said: “Since our first investment in ...
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Atran adds fourth B737 freighter
Atran Airlines has marked the start of the new year by taking delivery of a Boeing 737-400 BCF, enlarging its fleet to four freighters.The additional aircraft will "support the carrier’s growing volumes, especially e-commerce shipments which now constitute a major part of Atran’s traffic".The B737-400 BCF will be deployed on ...
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Full opening of Istanbul's new airport pushed back to March 3
This week’s full opening of the new Istanbul Airport for passenger flights has been delayed for the second time, until March 3, according to press reports.Turkish Airlines and other carriers were scheduled to launch passenger services at the final phase €10.5bn hub on Tuesday after a mass migration of airline ...
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Menzies renews Schiphol cargo contracts
Menzies Aviation has renewed cargo contracts with two key customers at Amsterdam’s Schiphol Airport.FedEx renewed its ramp and cargo contract with the UK-based airport services firm, which sees Menzies continue to handle FedEx’s daily freighter into Schiphol.US-based cargo carrier Kalitta Air also renewed its contract for ramp handling at the ...
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Germany's Rhenus acquires Cesped in Italy
Rhenus Logistics is to acquire Italian Logistics company, Cesped, in a deal which will be formalised after approval from the competent antitrust authorities.Germany-based Rhenus said that the Cesped acquisition strengthens its "already market-leading position in the Italian road transport market", adding that the takeover supports Rhenus’ "continued development" of its ...
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Ogiermann confirmed to head up CargoLogicGermany
Leipzig/Halle Airport-based CargoLogicGermany (CLG) has appointed Ulrich Ogiermann as its managing director and Dierk Näther as the airline’s number two.Until recently, 59-year-old Ogiermann worked in a dual role in London as senior vice president for operations at the Volga-Dnepr Group (VDG) and deputy general director of its consulting affiliate CargoLogicManagement ...
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Delhi on a monthly high for airport cargo volumes in October
Cargo throughput at airports in the Asia-Pacific and the Middle East regions grew by +2.6% and +1.8% respectively in October 2018, amid the ongoing trade disputes between China and the US.The latest monthly statistics from Airports Council International (ACI) Asia-Pacific show that, among the major cargo hubs, Delhi (DEL) had ...
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FedEx drops Cuba plans
FedEx has dropped plans to start a five-times-a-week freighter service between Miami and Matanzas/Varadero in Cuba.In a letter to the US Department of Transportation the express giant said it is returning its five-weekly frequencies "effective immediately" as it evaluates alternative all-cargo service options to Cuba.The express firm had applied for ...
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Amazon Air to expand fleet to 50 aircraft with new ATSG deal
Amazon Air is expanding its network with the lease of a further 10 Boeing 767-300 freighters from lessor ATSG, with options for even more.The move will bring the e-commerce giant’s fleet of aircraft to 50 – it leases a further 20 from ATSG and 20 from Atlas Air – when ...
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Worlds most protected route opens
AUSTRALIA and the US have signed an open skies agreement that opens up one of the world’s most lucrative long-haul routes.The deal will allow Australian and US airlines to increase routes, destinations and frequency of flights between the two countries and to other nations.Qantas and United Airlines are currently the ...
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Qatar Airways takes 5% stake in China Southern
Qatar Airways Group has acquired a 5% share stake in China Southern Airlines.The Middle East carrier said that the purchase of China Southern A and H shares continues a strategy to invest in “the strongest airlines around the world and continue enhancing operations and network connectivity”.Latest available fleet data indicates ...