Region – Page 156
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News
PACTL breaks its cargo records
Shanghai Pudong International Airport Cargo Terminal (PACTL) saw record volume in the first half of 2017, beating the tonnage handled in the corresponding period of last year by 12%.Total tonnage at the handler – the airport’s largest - for the first half of 2017 was 873,573, up 12% on 2016. ...
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Hactl growth outpaces Hong Kong air cargo market
Hong Kong Air Cargo Terminals Limited (Hactl) increased its cargo tonnage by 16.6% in the first half of 2017, well ahead of the overall market, it said.The total of 860,242 tonnes included growth in exports, imports, transhipments and mail/express. Hactl has now outperformed the Hong Kong market every month since ...
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Heathrow logistics hub fills up fast
Real estate firm Segro has signed two new deals ahead of the completion of its Central Spacewaye site within four miles of Heathrow Airport’s cargo terminal on the North Feltham Trading Estate.Fine art logistics company Williams & Hill has taken a 25,898 sq ft unit on the estate while commercial ...
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Qatar dispute goes to World Trade Organisation
Qatar is reported to have filed an official complaint with the World Trade Organization (WTO) in its ongoing dispute with Saudi Arabia, the United Arab Emirates, Bahrain and Egypt.The three neighbouring countries have accused Qatar of destabilising the region through its support of extremist group, which it denies.This has led ...
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New Zealand forces recruit freight forwarder Kuehne+Nagel
The New Zealand Defence Force has signed a multi-year contract with forwarder Kuehne + Nagel.Under the agreement, the forwarder will be the global supplier of domestic and international freight forwarding and customs services to the Defence Force, which consists of the Royal New Zealand Navy, the New Zealand Army and ...
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AF KLM registers Q2 cargo traffic improvement but revenues down
Air France KLM saw cargo traffic and load factors improve during the first half of the year, although it did register a small decline in revenues.The Franco Dutch airline, which last week announced it would invest in Virgin Atlantic, saw second-quarter cargo revenues decline to €506m from €507m last year.Meanwhile, ...
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Steady progress for Dubai World Central cargo as passengers surge
Cargo at Dubai World Central (DWC), the emirate’s second airport, totalled 443,835 tonnes during the first half of 2016 compared to 430,132 tonnes in the first six months of 2016, a 3.2% increase.Passengers meanwhile surged more than 35% to almost 555,000 in the first half of the year, according to ...
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American Airlines expands European trucking as global Q2 revenues soar
American Airlines Cargo has expanded and extended its European trucking network this summer.News of the European road feeder boost came as the US carrier announced its second quarter 2017 group results, which saw cargo revenue across the global network up by 13.1% to $196m, due to a 15.1% increase in ...
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SIA Cargo flies back into profit
SIA Cargo reported a financial year first quarter operating profit of $6m, reversing its loss of $34m in the same April-June last year.Revenue received a $57m boost from freight growth of 6.9%, further lifted by a 4.8% improvement in cargo yield, said the Singapore-based mega-Asian carrier.SIA Cargo operates a fleet ...
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Asia-Pacific and Middle East airport cargo volumes soar in May
Airfreight volumes in Asia-Pacific grew 10.8% in May, while the Middle East increased 8.4%, according to the latest monthly statistics from the Asia-Pacific region of Airports Council International (ACI).Said ACI: “Exports continued to drive strong airfreight growth in the Asia-Pacific: Hong Kong (HKG) +12.9%, Shanghai Pudong (PVG) +15.6% and Seoul ...
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Flying fish: Turkish Cargo provides Pearls of the Aegean for Kuwait dining tables
Turkish Cargo is now accepting fresh fish shipments on its direct Bodrum-Kuwait passenger flights as part of a sameday perishables supply chain to serve the appetites of consumers in the Middle East country.The Turkish carrier said that it is offering the service after requests from the Aegean Region, where three ...
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Second quarter cargo surge for IAG
British Airways, Aer Lingus and Iberia parent group IAG had a strong cargo second quarter as airfreight revenues at the European group soared by 7.9% to €260m against the same quarter of 2016, or an increase of 7.6% on 2016 at constant exchange.IAG's half year 2017 results saw cargo revenues ...
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NewsAsia Air Cargo Monthly: Strong freight demand expected to continue
Asian airlines continued their bumper start to the year in June and expectations are that cargo demand will remain strong for the rest of 2017.The latest Asian airline figures show robust cargo demand in June, with the Association of Asia Pacific Airlines reporting a 10% increase in freight tonne kms ...
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Etihad Airways registers $1.8bn loss in 2016 as cargo comes under pressure
Etihad Airways saw its cargo revenues drop by 10% last year despite an increase volumes, while the overall company slipped to a $1.8bn loss.The Abu Dhabi-hubbed airline recorded cargo revenues of $900m in 2016 compared with a $1bn in 2015. This came despite a 0.8% increase in cargo volumes to ...
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IAG Cargo to offer time-critical service for pharma shipments
IAG Cargo has announced that it will expand its time-critical service to include pharma shipments.The airline group, which includes British Airways, Iberia and Aer Lingus, said that following successful trials of its Constant Climate Critical service across India, the UK and Europe, IAG Cargo is rolling out this new offering ...
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Cobalt Air appoints AIA Cargo as worldwide GSA
Cyprus-based airline Cobalt Air has appointed Airbridge International Agencies (AIA Cargo) as its worldwide cargo general sales agent (GSA).A spokesperson for the low cost carrier said: "The appointment marks another positive milestone in the development of Cobalt Air, Cyprus’ fastest growing airline, and will enable the airline to generate additional ...
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Air India SATS launches Bengaluru cargo tracking app
Ground handler Air India SATS Airport Services (AISATS) has launched a cargo tracking app to help keep customers up to date with the current status of shipments.The company said that the tracking app will be available at AISATS Air Freight Terminal and at AISATS Coolport, located at Kempegowda International Airport ...
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Far East traffic boosts Schiphol cargo volumes
Amsterdam Airport Schiphol saw cargo demand improve by 8.7% year on year during the first six months of 2017, with volumes boosted by Far East tarffic.In total, Europe's number three cargo airport saw demand over the first six months reach 866,713 tonnes, up from 797,069 tonnes during the same period ...
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Airlines appeal European Commission's cartel fines of €776m
The European Commission (EC) faces a further appeal by eleven airlines over its March 2017 decision to re-adopt a previous ruling and to impose fines totalling more than €776m on the carriers for operating a price-fixing cargo cartel between 1999 and 2006.KLM, British Airways, Lufthansa and eight other carriers have ...
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DHL warns of supply chain talent crisis
Logistics giant DHL has warned that the supply chain sector faces a global staff shortage as the industry fails to attract enough people.The company warned that the US Bureau of Statistics estimates that jobs in the logistics sector are set to grow by 26% between 2010 and 2020, while another ...