Region – Page 160
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NewsRates out of Asia surge in June
Airfreight rates on major routes out of Asia continued to climb in June as demand to and from the region surges.The latest statistics from Tac Index show that average airfreight prices from Hong Kong to the US reached $3.27 per kg in June, an increase of 38.6% compared with the ...
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Rhenus swoops on Australian forwarder
The Rhenus Group has signed an agreement to purchase Australian freight forwarder O’Brien Customs and Forwarding, giving it its own presence in the market for the first time.The O’Brien family business handles air and sea freight consignments and provides customs and warehouse services and is headquartered in northern Melbourne.Rhenus chief ...
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NewsAsian cargo monthly: May was a merry month for cargo carriers
Asian airlines registered a “strong” cargo performance in May as carriers saw traffic recorded during the month reach levels not seen since 2011.The largest of the Asian cargo carriers, Cathay Pacific, saw demand for May improve by 8% year on year to reach 899m cargo and mail revenue tonne kms.Click ...
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Kerry continues to build on China-Europe rail offering with shareholding in LPL
Kerry Logistics Network has acquired 50% of shares in Lanzhou Pacific Logistics (LPL) as it looks to further develop its China-Europe rail freight operations.Kerry Logistics will join China Railway Container Transport Company as a shareholder in LPL."The investment marks another strategic step in advancing Kerry Logistics’ expansion into the rail ...
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Armed robber shot dead after failed Johannesburg airport cargo heist
An armed robber was shot dead and another arrested after they held up Swissport security guards in the cargo precinct of Johannesburg’s OR Tambo International Airport on Saturday (July 1) morning, airport management has confirmed.Leigh Gunkel-Keuler, spokesperson for OR Tambo International Airport, said: "At 10.55am a group of armed men ...
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American Airlines Cargo adds new Heathrow cool facility
American Airlines Cargo has opened a new Controlled Room Temperature (CRT) facility at its London Heathrow (LHR) cargo centre.The new room is 160 sq m and can accommodate up to 16 times more standard euro skid pallets at one time than the previous room.It is a fully monitored and alarmed ...
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NAM and Astral join forces for Red Cross aid flights to Somaliland
Network Airline Management (NAM) has transported over 57 tonnes of urgent relief goods on behalf of the Canadian Red Cross to a field hospital in Hargeisa, Somaliland.The cargo, mainly IV fluid, was flown from Liege in Belgium to Nairobi on a wet-leased B747-400F operated by Kenya-based carrier Astral Aviation and ...
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Turkish Cargo launches freighter flights to Johannesburg and Madagascar
Turkish Cargo is launching scheduled Airbus A330 freighter flights to Johannesburg in South Africa and Madagascar, off the southeast coast of Africa.South Africa sees the majority of its exports going to European and the Americas. These generally consist of machinery, electronic equipment, chemicals and automotive parts.Madagascar exports a wide range ...
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Cargolux adds Atlanta to US services served from Zhengzhou in China
Cargolux Airlines has added Atlanta to destinations served from its Chinese hub in Zhengzhou (CGO).The North American city becomes the second US destination, after Chicago, to receive direct freighter connections from Zhengzhou.The European cargo carrier today (June 30) introduced its first commercial service from CGO to Atlanta, in combination with ...
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Ethiopian inaugurates second Addis Ababa cargo terminal
Africa’s largest cargo operator, Ethiopian Airlines, has inaugurated its Cargo Terminal-II facility at home hub Addis AbabaThe ceremony was attended by Ethiopia’s prime minister, Hailemariam Desalegn, transport minister Ahmed Shide and Ethiopian Airlines Group chief executive Tewolde GebreMariam, along with participants from the ICAO Cargo Forum being held in Addis ...
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Turkish Cargo freighter to Sao Paulo
Turkish Cargo has launched scheduled Airbus A330 freighter flights to Sao Paulo in Brazil, one of the largest industrial and trade centres in South America.The weekly service operates out of Istanbul, via Dakar International and Guarulhos International airports.Brazil, which had exports totalling $190bn in 2016, mainly to China, also sells ...
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TNT Express operations "significantly affected" by cyber attacks
FedEx Corp has confirmed that the "worldwide operations" of its TNT Express subsidiary have been "significantly affected" by the cyber attacks that also hit ocean freight giant Maersk.The US-based parcels operator said that it cannot measure the financial impact of this service disruption at this time, but warned "it could ...
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Stavros Evangelakakis new chairman of Cool Chain Association
Stavros Evangelakakis is the new chairman of Cool Chain Association (CCA), taking over from Sebastiaan Scholte who has served in the role for five years.Evangelakakis, global product manager of Cargolux Airlines, has been a board member of the CCA since 2012.Scholte, chief executive of Jan de Rijk Logistics, said: “The ...
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Amazon not looking to replace the likes of UPS and FedEx
E-commerce giant Amazon has provided clarity on its moves into airfreight and other cargo transport modes, saying it is not looking to take on existing logistics operators.Over the Christmas period Air Cargo News reported that Amazon had chartered aircraft in the US and Europe in order to move cargo across ...
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What does Amazon's move into oceanfreight tell us about its plans for air cargo?
Amazon now looks set to move into ocean freight following the development of its airfreight and trucking operations.A listing on the US Federal Maritime Commission website shows that the eCommerce giant has applied to become a non-vessel operating common carrier (NVOCC) – this essentially allows it to buy block space ...
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Reports suggest Amazon has European air cargo operation
E-commerce giant Amazon has reportedly set up an air cargo operation in Europe as it looks to avoid shipment bottlenecks during the peak season, following on from its rumoured set-up in the US.The UK’s Evening Standard newspaper reports that Amazon has been chartering flights between Poland, Germany and the UK ...
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Airport industry calls for single European aviation market following Brexit vote
Rulemakers have been urged to maintain Europe’s single aviation market following the UK’s vote to leave the European Union.The Airports Council International (ACI) Europe has called for the European Union (EU) and UK aviation markets to remain fully integrated in the future to safe guard and promote air connectivity.ACI Europe ...
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IAG says no long term material impact from Brexit
International Consolidated Airlines Group (IAG), which includes British Airways, Iberia and Aer Lingus, believes that the UK vote to leave the European Union will "not have a long term material impact on its business".In the short term, however, in the run up to the UK referendum during June, IAG experienced ...
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Brexit: UK shippers call for negotiations "to keep goods moving"
After Britain voted 52% in favour of leaving the European Union (EU), UK shippers have warned that exit negotiations must ensure “the goods keep moving”.Following the announcement of a ‘leave’ result in the EU referendum, the Freight Transport Association (FTA) says that coming out of union “risks new costs, restrictions ...
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IATA urges UK and EU leaders to maintain "safe, secure and efficient" air connectivity
IATA has said the UK’s future relationship with Europe must ensure “safe, secure, efficient and sustainable air connectivity” but warned that airfreight volumes will be affected by lower trade.Following today’s announcement that the UK will invoke its right to leave the European Union, IATA issued a report outlining the effects ...