Region – Page 80
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Swissport targets further acquisitions after refinancing
Ground handler Swissport said it will target further acquisitions following the refinancing of debt by the group.Swissport Group today announced that successfully closed and settled its debt refinancing.The refinancing includes €410m of senior secured notes, €250m of senior notes and a €850m term loan B facility.Swissport will use the net ...
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Hong Kong cargo operations largely unaffected by recent disruption
The protests at Hong Kong International Airport are not expected to cause major delays to cargo shipments.Protests at the airport disrupted bellyhold cargo operations between Monday and Wednesday, with services only starting to return to normal yesterday as the airport added extra security measures.However, Hong Kong Association of Freight Forwarding ...
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Further Hong Kong disruption could hit territory's reputation as a transport hub
The Hong Kong Association of Freight Forwarding and Logistics (HAFFA) has warned that the recent disruption to operations at Hong Kong International Airport (HKIA) could have a far reaching impact on the territory.Protests at the airport have disrupted bellyhold cargo operations over the last three days and services are only ...
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BIFA expands training team with Sumner appointment
The British International Freight Association (BIFA) has expanded its training team with the appointment of Liz Sumner as trainer – freight and customs procedures.Sumner, who joins from DSV Air and Sea, will be based in the Midlands, and has over 30 years of experience in freight forwarding and logistics, the ...
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time:matters strengthens Europe-Asia network with new locations
Time critical logistics firm time:matters has opened three new stations in Japan, Singapore and Thailand, bringing the total number of its locations in Asia to ten.time:matters customers now have access to a total of 84 weekly direct flights between its European hubs in Frankfurt, Munich and Vienna, as well as ...
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Agility profits up despite tough airfreight market
Logistics and infrastructure firm Agility saw net profits increase by 8.1% year on year in the second quarter despite its airfreight business coming under pressure.The company reported a second-quarter revenue increase of 3.2% year on year to KD396.3m, while earnings before interest, tax, depreciation and amortisation (ebitda) improved by 31.2% ...
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US delays China tariff increases for certain products
The ongoing tariff trade war between China and the US took an unexpected twist last night when the US announced a delay to increases on some products.The US Trade Representative (USTR) office last night announced that it it would not implement a 10% tariff on products include mobile phones, laptops, ...
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Panalpina's new Frankfurt pharma centre gains GDP approval
Newly GDP-certified -Panalpina’s Healthcare Logistics Center Frankfurt-Main. Photo - Miriam De Giorgi, PanalpinaPanalpina’s newly opened Healthcare Logistics Center in Weiterstadt near Frankfurt/Main Airport has obtained Good Distribution Practice (GDP) certification.On August 6, the facility has successfully passed an audit by inspection, verification, testing and certification company SGS and is now ...
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Air Partner in South Sudan aid effort
B747-400ERFThe freight division Air Partner recently helped transport more than 400 tonnes of aid to South Sudan on behalf of a humanitarian organisation.Over the course of three weeks, Air Partner chartered a total of 18 flights from the US to Juba, via Entebbe in Uganda, to transport more than 400 ...
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Hong Kong flights resume as airport adds new security measures
Passenger flights from Hong Kong International Airport (HKIA) have re-started today as the Asian hub has put extra security measures in place to limit protesters' access to terminals.The airport grounded hundreds of flights on Monday and Tuesday as protesters swarmed into terminal areas.Flights have re-started today, but there are still ...
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Hong Kong flights suspended for second day
Hong Kong International Airport (HKIA) has again suspended all passenger flights due to ongoing protests just hours after re-starting operations.The world's busiest freight hub began allowing flights to take-off earlier today after a suspension was put in place yesterday due to hundreds of protesters occupying the main arrivals hall.However, just ...
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Hong Kong Airport flights re-start after cancellations this morning
UPDATE: FLIGHTS ONCE AGAIN SUSPENDED CLICK TO READ MOREPassenger flights at Hong Kong International Airport (HKIA) have re-started today after there were more cancellations this morning (August 13).Flights at the world's busiest freight hub were first cancelled yesterday as a result of protesters occupying the main arrivals hall.Freighter flights were ...
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Trucks loaded with cargo could be flown into the UK as part of no-deal Brexit plans
The UK government has issued a tender worth up to £300m calling for companies to transport trucks, trailers and vans loaded with critical goods via either aircraft, rail or ship in the event of snarl ups on the border following Brexit.The four-year agreement will start on September 18 and requires ...
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Hong Kong airport cancels flights due to protests in terminal
Hong Kong airport, one of the busiest in the world, has cancelled its departing passenger flights as a result of protests taking place in its main terminal.In a statement issued today (Monday, August 12), the airport said that is has cancelled all flights that have not yet checked in.In response ...
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Qantas to add A321 freighters after signing A$1bn e-commerce deal
Alan Joyce and Christine HolgateAustralia Post and Qantas Freight have announced an expanded domestic and international airfreight agreement to support the growing demand for e-commerce parcels.Qantas said the seven-year agreement is valued at over A$1bn will give Australia Post customers access to Qantas Freight’s dedicated freighter aircraft and priority access ...
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CSafe increases European presence with new Amsterdam service centre
CSafe Global has opened a new service centre in Hoofddorp, the Netherlands, to increase its operational capabilities in Europe.At the centre, which is 7.8km away from Amsterdam's Schiphol airport, CSafe RKN and CSafe RAP active temperature-controlled containers are serviced to ensure that they are fit for purpose and can safely ...
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Cathay Pacific Cargo under pressure in H1
Cathay Pacific saw cargo revenues, volumes and yields decline in the first half of the year as the US-China trade war took its toll on performance.The Hong Kong-headquartered carrier reported an 11.4% year-on-year decline in cargo revenues to HK$11.5bn, volumes were down 5.7% on a year ago to 979,000 tonnes ...
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Cebu Pacific moves into freighter operations
Cebu Pacific ATR-72Philippine carrier Cebu Pacific (CEB) has moved into freighter operations following the delivery of a converted ATR 72 freighter.The freighter, the first of its type in the Philippines, gives CEB the ability to bring cargo into and out of destinations served by airports with short runways where only ...
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Swissport signs up for ten more years with SEGRO
Heathrow Cargo CentreCargo handler Swissport has signed a 10-year deal to continue leasing its 104,000 sq ft facility at SEGRO’s Heathrow Cargo Centre.The Cargo Centre, which in total comprises 1.2m sq ft of space, offers direct access to the apron, “reducing waiting times and providing more certainty around deliveries”, SEGRO ...
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Swiss WorldCargo adds new destinations
Swiss WorldCargo will begin nonstop services to Osaka and Washington DC in March 2020.Flights to the two destinations will be operated by an Airbus A340-300 and Airbus A330-300, respectively.Swiss WorldCargo will fly to Osaka five times weekly, while servicing Washington DC daily during its summer timetable, and five times weekly ...