All News articles – Page 472
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News
DSV airfreight grows above market rate in third quarter
The DSV Air & Sea division reported a 10% increase in airfreight volumes for the first nine months of 2018, with seafreight recording 4% growth.The Denmark-based logistics operator says the airfreight increase was mainly driven by a strong performance on EMEA and American exports and compared well with an estimated ...
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IAG Cargo Q3: tonnage down, yield up
IAG Cargo has reported commercial revenues of €290m for the third quarter, an increase of 8.1% on 2017 at constant exchange.Overall yield for July 1 to September 30 period was up 9.3% at constant exchange. Sold tonnes were down 0.5% and CTK volumes were down 1% whilst capacity grew by ...
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DB Schenker expands training options
DB Schenker and the Fraunhofer Institute have developed an innovative employee training program on packaging and order-picking processes as part of a long-term partnership.The training program is built around six exercises that teach the participants about the processes by encouraging playful learning. The employee training course is currently available in ...
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DHL sets up strategic partnership for supply chain operations in China
Deutsche Post DHL Group will transfer its supply chain operations in China to S.F. Holding in a ten-year strategic partnership to grow this business in China.As part of this deal, Deutsche Post DHL Group (DP DHL) will receive an upfront payment of RMB5.5bn (approximately €700m) and a revenue-based partnership fee ...
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Airfreight is vital to UK economy, says report
The UK economy is more dependent on airfreight than many of its neighbours, with nearly half (by value) of the country’s exports to outside the EU transported by air. Among the EU members, only Ireland ships a greater share of non-EU exports by air.This is one of many statistics in ...
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Saudia Cargo appoints chief ground handling officer
Saudia Cargo has appointed Abdulrahman Al-Mubarak to lead the airline's ground handling business unit.The appointment of Al-Mubarak as chief ground handling officer is part of Saudia Cargo’s recognition of the important role its ground handling business unit has in achieving its Strategy 2020 transformation program.Al-Mubarak joins Saudia Cargo with a ...
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Need for speed: Shippers want the air cargo industry to move more quickly
The chairman of the Global Shippers’ Forum (GSF) has called on the air cargo industry to strive for faster supply chains in order to make the most of the opportunity presented by e-commerce.Sean van Dort took up the role of GSF chairman in May. He followed in the footsteps of ...
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More encouraging results for Ontario
Cargo traffic at Ontario International Airport in the US continued its positive development in September, with commercial freight and mail volumes rising 12.4% year on year to 61,463 tons.Over the course of the first nine months of 2018, cargo tonnage grew to 544,700 tons from almost 463,000 tons a year ...
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Air Canada breaks ground on Edmonton facility
Air Canada is constructing a new 50,000 sq ft facility to house its ground support equipment service and cargo teams at Edmonton International Airport.Air Canada Cargo will occupy 20,000 sq ft of the building, which will provide modern, upgraded airfreight facilities and include technology that will improve the flow of ...
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Dallas and Paris airports sign cargo growth agreement
Dallas/Fort Worth International Airport (DFW) and French airport operator Aéroports de Paris (ADP) have signed an agreement to develop air cargo strategies that could increase traffic between Texas and Europe.With a focus on opportunities for growth in industries such as pharmaceuticals, perishables and luxury goods, as well as other time-sensitive ...
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DHL Parcel UK strengthens UK presence
DHL Parcel UK (formerly UK Mail) is to take over 3,500 Pass My Parcel ServicePoints across the UK in the face of increasing demand from online shoppers for convenient and flexible delivery options.DHL Parcel UK chief executive Peter Fuller said: "Rebranding [UK Mail] to DHL Parcel UK is a significant ...
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‘Cosmic Girl’ hooks up with LauncherOne
A specially modified Virgin Atlantic Boeing 747-400 passenger aircraft dubbed ‘Cosmic Girl’ is currently at California’s Long Beach Airport, where it has been successfully paired with Virgin Orbit’s LauncherOne rocket.The aircraft is to serve as the flying launch pad of British entrepreneur Sir Richard Branson’s orbital rocket.LauncherOne is now tucked ...
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Swiss WorldCargo takes off for new Winter destinations
Swiss WorldCargo, the airfreight division of Zurich-based Swiss International Air Lines, has launched flights to new destinations in Asia, South America and Africa for the Winter season.The carrier will begin twice-weekly services to Colombo, Sri Lanka on November 3 and will start flying to Ho Chi Minh City/Saigon at the ...
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Frankfurt cargo volumes decline despite surge in airmail
Although airmail tonnage grew strongly at Frankfurt for the first nine months of 2018, cargo fell 0.8% compared to the same period last year.This is marginally more than reported for the first half when cargo volume fell 0.4% and was attributed to "temporary capacity bottlenecks" in cargo handling, a decline ...
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Record tonnage for Heathrow
Five new services to China helped London Heathrow Airport achieve a record high of 1.3m tonnes, up 1.5%, in the nine months to September 30.Overall, revenues climbed 2.3% to £2.2bn “on the back of higher demand to fly and strong retail spend”, according to the airport.It says progress continues on ...
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Air Charter Service works on Indonesia relief efforts
Air Charter Service’s global offices have been sourcing aircraft to carry relief goods to Indonesia since the earthquake and tsunami struck on September 28.“We have been flying in different types of much needed aid, such as shelter kits and water purifying tablets on a variety of aircraft types, including Antonov ...
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Panalpina increases profitability in a ‘very volatile environment’
Panalpina’s airfreight volumes increased 4% in the first nine months of 2018, in line with estimated market growth of 4%. Compared to the same period of last year, gross profit per ton increased 12% to CHF705, resulting in a gross profit of CHF530m compared with CHF456m.EBIT in airfreight increased from ...
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CEVA stakeholder CMA CGM to provide "exit option" to other shareholders
CEVA Logistics is to broaden the partnership with CMA CGM, its major shareholder and strategic partner.As part of this initiative, CEVA Logistics will acquire the freight management business of CMA CGM.The Board of CEVA Logistics has also agreed that CMA CGM can offer to buy shares in CEVA Logistics from ...
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Fourth B747 freighter for CargoLogicAir
CargoLogicAir (CLA) has taken delivery of its fourth Boeing 747 freighter, which will initially be used to meet customer demand on its US routes.The latest B747-400ERF joins the UK’s only maindeck cargo airline fleet on an operating lease and keeps CLA on track with its five-year growth strategy, which is ...
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Capacity outstrips demand for Asia Pacific airlines in September
Asia Pacific airlines saw demand for international air cargo grow in September compared to the same month last year, but the freight load factor declined.Preliminary traffic figures released by the Association of Asia Pacific Airlines (AAPA) show that international air cargo demand in freight tonne kilometres (FTK) grew by 4.4% ...