All articles by Rachelle Harry – Page 4
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NewsAAPA: Asia Pacific air cargo market "resilient" in June
The Asia Pacific region's air cargo market has remained resilient — a contrast to the "suppressed" passenger market, according to the Association of Asia Pacific Airlines (AAPA).AAPA's preliminary June 2021 air traffic figures show that international air cargo demand for Asia Pacific-based carriers, measured in freight tonne km (FTK), increased ...
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DSV Panalpina posts increased H2 revenues as Agility GIL acquisition continues
DSV Panalpina has reported increased revenues and operating profits (ebit) in its interim half-year 2021 financial results.The forwarding giant, which started the process of acquiring Agility Global Integrated Logistics (GIL) earlier this year, said its performance was "driven by 18% growth in gross profit and a high productivity across all ...
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InsightsIATA: Strongest half-year cargo demand since 2017 but capacity remains constrained
IATA has highlighted the need to re-establish passenger network connectivity to boost bellyhold capacity and ultimately airline revenues, as cargo demand remains strong.Speaking at a media update this week, Ezgi Gulbas (pictured below), senior economist at IATA, said overall cargo demand in the first half of this year was 8% ...
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NewsUPS revenues up despite package volume decline
Carol Tomé, chief executive, UPS. Image source: UPSUPS saw its second-quarter revenues and profits improve on a year earlier despite volume declines as shoppers return to retail outlets.The US express firm achieved revenues of $23.4bn, a 14.5% increase on the same period of 2020. The company also noted a 47.3% ...
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NewsAirAsia Group logistics arm to add six narrowbody freighters
The logistics arm of the AirAsia Group plans to obtain additional narrowbody freighters over the next two years.“The Teleport chief executive is telling me he needs six in the near distance,” said AirAsia Group chief executive Tony Fernandes, referring to AirAsia’s logistics unit.According to the business plan of the unit, ...
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NewsDHL Supply Chain expands pharma facilities in Florstadt
DHL Supply Chain is expanding its pharma logistics capabilities in Germany with the construction of a new facility in Florstadt, 35 km north of Frankfurt am Main.The new 32,000 sq m facility, which is expected to open later this year, will offer warehouse space capable of storing pharma goods at ...
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NewsK+N subsidiary opens pharma facility in Singapore
Medical/pharma demand is growing. Image source: K+NQuickSTAT, a subsidiary of Kuehne+Nagel, has opened a control tower and conditioning facility for the processing and storage of pharma goods in Singapore.The conditioning facility is located at K+N's Singapore logistics hub and it offers "a full suite of healthcare logistics services for all ...
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NewsDachser USA expands West Coast presence with Phoenix facility
Image source: DachserDachser USA Air & Sea Logistics has opened a new office in Phoenix, Arizona, in response to increased customer demand in the west coast area.The company said its new office will enable it to "manage increased volume associated with cross-border trade with Mexico, including shipments from manufacturing plants ...
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NewsBUD achieves record cargo volumes in H1 2021
Image source: BUDBudapest Airport (BUD) has achieved record cargo volumes in the half of 2021.From January to June this year, the hub handled 86,798 tonnes cargo — a 36% year-on-year increase on the same period in 2020.BUD also noted that from June 2020 to June 2021, its Cargo City handled ...
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NewsTakeOff Cargo: Forwarder charter operations expected to continue
Forwarder charter operations are expected to continue to the main airport hubs as part of efforts to provide service stability.Speaking at the TakeOff Cargo event, which is taking place this week, industry leaders discussed the changing air cargo market.In one discussion moderated by Steven Polmans, chairman of TIACA, Joachim von ...
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NewsDachser Asia Pacific launches Mexico air charter service
Logistics provider Dachser Asia Pacific has expanded its air charter operations to cover the Latin America (LatAm) region.Dachser Asia Pacific recently partnered with Air Canada to operate four charter flights in June, from Hong Kong to Mexico via Canada, using a Boeing 777 passenger aircraft with the seats removed.Dachser Asia ...
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K+N's air division earnings boosted by Apex deal
Forwarder Kuehne+Nagel (K+N) has more than doubled its earnings in the first half of 2021.The company said that "continued recovery of the global economy led to strong demand for logistics services", which in turn helped it to achieve group net turnover of CHF13.3bn — 35% higher than the same period ...
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NewsVolga-Dnepr flies custom-built compressor from Zurich to Abu Dhabi
Russian freighter operator Volga-Dnepr Airlines, in partnership with logistics provider Geodis, has transported a large custom-built compressor from Zurich, Switzerland to Abu Dhabi, United Arab Emirates.The carrier said that the special, one-of-a-kind cargo — measuring 15.65 m x 4.40 m x 3.85 m and weighing 100 tonnes — was one ...
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Delta Cargo revenues exceed pre-Covid levels as it looks to expand fleet
In its Q2 2021 financial results, Delta Air Lines reported cargo revenues exceeding pre-Covid (2019) levels.From March to June this year, the carrier's cargo division, Delta Cargo, posted revenues of $251m — a 35% increase on cargo revenues in 2019.Year to date, the carrier achieved a 23% increase in cargo ...
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AFKLMP Cargo welcomes five East Asian companies to its SAF Programme
Five more companies — all based in East Asia — have joined Air France KLM Martinair Cargo's (AFKLMP Cargo) Sustainable Aviation Fuel (SAF) Programme.By joining the programme, new members AWOT, CTS, Jobmate, Sinotrans and SuperTrans can use AFKLMP's SAF-powered services on routes connecting China with Europe and South America.The Cargo ...
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NewsIAG Cargo targets textiles and perishables with Maldives service
Image: IAG CargoIAG Cargo has launched a direct service — operating three times per week — from Madrid, Spain, to Male, the capital city of the Maldives.The carrier said the service will strengthen its presence in South Asia, adding to its Bangalore, Mumbai and Delhi routes in India.Cargo expected to ...
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Handler dnata names Singapore managing director
Groundler dnata has appointed Musdalifa Abdullah into the role of managing director Singapore, effective immediately.Abdullah joined dnata in 2017 and over the last few years, as chief financial officer Asia Pacific, he helped to develop dnata's market position in Singapore.Pior to joining dnata, Abdullah held several senior positions in the ...
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Geodis strengthens pharma offering with Gandon Transports acquisition
Supply chain firm Geodis is set to expand its presence in the pharma market with the acquisition of temperature-controlled logistics business Gandon Transports.Geodis said Gandon Transports, which specialises in the transport of pharma products at controlled temperatures of 2°C to 8°C and 15°C to 25°C, has an extensive network of ...
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Brussels Airport streamlines perishables processing with renewed app
Brussels Airport has renewed its Perishable Management App, which facilitates the digital sharing of documents and certificates for fresh goods.Available through the hub’s BruCloud, the updated app streamlines the inspection process for imported perishables, as well as making the process paperless.“[An] important new feature is the automated integration of shipment ...
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NewsK+N expands perishables network with Salmosped acquisition
Image: Kuehne+NagelKuehne+Nagel (K+N) is expanding its perishables network with the acquisition of Norwegian freight forwarder Salmosped, which specialises in the transportation of seafood.Norway is one of the largest fish and aquaculture producers in the world and its exports have remained strong throughout the pandemic.K+N said that over the years, it ...