All News articles – Page 79
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NewsAsia holds demand and capacity cards
DHL Global Forwarding (DHL GF) paints a broadly stable picture for air cargo demand in its November 'Air Freight State of the Industry' report."Air cargo demand remain(s) steady, with a slight increase month on month (MoM), and remains flat year on year (YoY)," surmised the report.While overall demand was stable, ...
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Dronamics and Qatar Cargo sign world’s first cargo drone interline agreement
Dronamics and Qatar Airways Cargo have signed the first interline agreement between an international airline and a cargo drone airline.The interline agreement enables the extension of the delivery networks of both partners, increasing their reach as well as providing access to areas previously hard to reach by traditional airfreight.Through the ...
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CCS UK trials digital collection note at Heathrow
Software firm CCS-UK is trialling a new e-collection note that it hopes will replace the paper version that is currently used for the pick up of air cargo shipments at airports.The electronic collection note is downloaded as a QR code by the forwarder, direct to the driver’s pre-registered smartphone through ...
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NewsK+N buys Canadian customs broker
© 2023 Kuehne+Nagel. All rights reserved.Kuehne+Nagel (K+N) has purchased Canadian customs broker Farrow as it responds to "increasingly complex international trade regulations".Farrow employs 830 people at 41 locations across Canada and the US and in 2022 the firm managed more than 1.5m customs entries.Explaining the logic behind buying the firm, ...
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Rates continue to rise in November despite muted demand
Airfreight rates on major east-west trade lanes continued to pick up in November as weather conditions, e-commerce demand and capacity constraints helped push up prices (see dashboard at end of article).The latest figures from the Baltic Exchange Airfreight Index (BAI) – taking into account both spot and contract rates – ...
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NewsSwissport launches cargo operations in Australia
Source: SwissportGround handler Swissport has launched cargo operations in Australia as it looks to grow operations in the Asia Pacific region.The new cargo operation is located at Sydney Airport and follows the acquisition of Australia-based Aerocare back in 2018.Swissport's first customers in the country are VietJet and Batik Air, which ...
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NewsAtlas Air orders two 777Fs
Photo: Atlas AirAtlas Air has ordered two new Boeing 777 freighters that are due to be delivered in the second half of 2024.The company said ongoing strong customer demand for dedicated large widebody airfreight capacity, particularly for cross border e-commerce shipping, prompted it to make the order.The two 777Fs were ...
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Reports: Cathay still considering future freighter options
Cathay Pacific is now considering ordering the Airbus A350 freighter instead of the Boeing 777-8 freighter, according to Reuters.Quoting industry sources, the newswire said the Hong Kong-headquartered airline had switched from favouring the 777-8F to the new Airbus freighter.The sources said the airline was considering an initial order for six ...
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NewsSwissport sells stake in its Saudi business to drive air cargo
Osama Al Sayed, chairman of ASYAD (left), and Warwick Brady, president and chief executive of Swissport. Photo: SwissportSwissport International is selling a minority stake in Swissport Saudi Arabia to Saudi business portfolio ASYAD Holding in a bid to further expand its Saudi presence in air cargo handling.The Swiss aviation services ...
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NewsMenzies secures CEIV pharma at Schiphol facility
Source: Menzies AviationGround handler Menzies Aviation has been awarded the IATA CEIV Pharma accreditation for its cargo facility at Amsterdam Airport Schiphol (AMS).The certification is awarded to companies in the air cargo supply chain that demonstrate compliance with standards set by IATA for the handling of pharma products.Prior to being ...
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NewsMaersk Air Cargo to trial new UK-China route
Source: Cargo FirstMaersk Air Cargo will launch a new trial service between the UK and China to help meet peak season demand.The airline will operate the weekly service between Bournemouth Airport and Hangzhou Xiaoshan International Airport (HGH) in Zhejiang province utilising a Boeing 767-300 freighter with a capacity of around ...
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NewsDachser takes full control of South Africa JV
Dachser South Africa. Photo: DachserDachser has acquired the remaining 30% of shares in Dachser South Africa and is now the sole owner of the Johannesburg-based country organisation.The global logistics provider has been represented in South Africa since 2011. At that time, Dachser entered into a joint venture (JV) with the ...
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NewsSchiphol Group hires van Oord as chief executive
Pieter van Oord. Photo: Amsterdam Airport SchipholPieter van Oord will take on the role of chief executive at Royal Schiphol Group as of June 1 next year.The Group Supervisory Board (SB) intends for van Oord to be in the role until June 1 2028.He has managed international maritime contractor Royal ...
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Atlas Air promotes Gonopolskiy
Atlas Air Worldwide has appointed Artem Gonopolskiy as executive vice president and chief financial officer, effective December 1.Gonopolskiy has been with Atlas for more than 18 years, and has served as the interim chief financial officer of the company since June 15.Gonopolskiy will lead all aspects of the company’s finance ...
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NewsAir cargo's rollercoaster ride set to end in 2024?
The air cargo rollercoaster ride of the last few years is looking like it could end in 2024 with "classic seasonality" set to return, although there could still be some bumps along the way.In its market outlook for 2024, data provider Xeneta predicts that air cargo volumes will rise by ...
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NewsWFS to sublease space in Cainiao's Liege hub
Source: WFS/Saudia CargoHandler Worldwide Flight Services (WFS) will sublease an area in Cainiao's Liege Airport station as the two companies, along with carrier Saudia Cargo, look to speed up e-commerce shipment processing.The three companies today announced that Saudia would extend its handling contract with WFS on flights connecting Liege and ...
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Aviation targets 5% reduction in carbon emissions by 2030
International Civil Aviation Organization (ICAO) member countries have agreed to target a reduction in CO2 emissions generated by aviation by 5% compared to current fossil fuels by 2030.The target includes a "collective vision" for green energy transition, harmonised regulatory foundations, supporting implementation initiatives, and improved access to financing for related ...
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ECS Group swoops on Ireland-based IAM
ECS Group said it has acquired GSSA International Airline Marketing (IAM) to expand its market share in Ireland to 30%.IAM was founded in Dublin, in 1989, by Sean McCool, father of current managing director, Ian McCool and currently serves more than 15 airlines.Its main office is in Stoneybatter, around 15 ...
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NewsBrussels Airport reveals tenants as work starts on new cargo zone
Source: Brussels Airport. Copyright: Archipeligo-CordeelBrussels Airport has confirmed which five companies will occupy its new cargo zone, with work on the site now underway.The Belgian airport said that the Brucargo Central site had now been cleared of old buildings and work on roads and construction was underway, with the first ...
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Forward Air-Omni Logistics takeover dispute continues
The ongoing legal battle between Forward Air and Omni Logistics over a takeover deal struck between the firms in August has continued in recent weeks.The most recent development in the ongoing dispute is that Forward Air has filed a counterclaim against Omni's lawsuit, which aims to enforce the merger between ...