Sectors – Page 116
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News
Changi on five year cargo high led by pharma and perishables
The first nine months of 2016 have seen Singapore's Changi Airport register its best cargo performance in the last five years on the back of growth in perishables and pharmaceutical demand.Changi Airport Group assistant vice president, cargo and logistics development division Phau Hui Hoon said that between January and September ...
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UPS adds Californian flights ahead of the peak season
UPS will add flights out of San Bernardino International Airport (SBD) in California to cover the peak season rush in demand.From December, the US express operator will operate four flights per week from between the airport and UPS' Louisville hub using a Boeing 757 aircraft.President of UPS’ South California District ...
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DHL invests in Indian air hubs to cater for e-commerce growth
DHL and express airline Blue Dart Express are expanding their air hubs in Delhi and Mumbai as they look to capitalise on the country’s fast-growing e-commerce market.Through subsidiary Blue Dart Express, DHL’s eCommerce business has announced it will spend €70m on automating equipment at the Delhi and Mumbai hubs, which ...
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AMI celebrates its 40th birthday
AMI is celebrating its 40th birthday this month after being launched in 1976 and growing to become the world's largest airfreight wholesaler.The company was originally launched as part of the Air Marketing International group in 1976 but two years later split away under founder and managing director Tony Realff.AMI’s trade-only ...
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DHL signs up for four A330 conversions
DHL Express has signed a contract to convert four Airbus A330-300 passenger aircraft into 61-tonne payload, 26-pallet, freighters with EFW – a joint venture between Airbus and engineering company ST Aerospace.EFW will carry out the work at its Dresden site from July, and the aircraft are scheduled to be delivered ...
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FedEx opts for long-term peak season freighter deal with Atlas
FedEx has moved to a long-term agreement with lessor Atlas Air to provide it with extra freighter aircraft to cover extra demand during the peak shipping season.Atlas Air revealed today that it had entered into a five-year agreement with FedEx Express that will see it provide the parcel giant with ...
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NewsRapid growth and need for speed fuels DHL's Leipzig investment
When DHL Express first announced plans to switch its main European hub to Germany’s Leipzig-Halle Airport in 2005 it was hard to imagine how quickly freight tonnages would increase once the facility was open.In 2007, the year before the new DHL hub was opened, the airport handled 101,364 tonnes. In ...
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UPS to buy pharma logistics specialist Marken
UPS will strengthen its presence in healthcare logistics with the purchase of Marken, a global supply chain specialist serving the pharmaceutical and life science industries.The US-based parcels and logistics giant has entered into a definitive purchase agreement to acquire Marken, subject to regulatory approval, which will operate as a wholly ...
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Air Cargo Forum: Brussels already considering more pharma transporters
Brussels Airport unveiled the latest version of its Airside Pharma Transporter at the TIACA Air Cargo Forum in Paris and said it has proved so popular it is already considering ordering an extra one.Initially, four of the units have been put into action, but demand from cargo handlers means that ...
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Boeing, UPS announce order for 14 B747-8 freighters
Boeing and UPS today announced an order for 14 747-8 freighters. The agreement also includes an option to purchase an additional 14 of the cargo airplanes.“These aircraft are a strategic investment for increased capacity for UPS customers around the globe,” said Brendan Canavan, president, UPS Airlines. “The 747-8 will allow ...
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MAB Kargo launches Guangzhou freighter
Malaysia’s MAB Kargo has launched a twice weekly Airbus A330 freighter service to Guangzhou from its Kuala Lumpur hub in order to strengthen its footprint in eastern China.The new service by the airfreight arm of Malaysia Airlines will call at Guangzhou every Tuesday and Thursday with 60 tonnes of cargo ...
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K+N expands San Juan pharma hub
Kuehne + Nagel (K+N) has expanded its KN PharmaChain logistics network with temperature-controlled warehousing space at the growing pharma hub of San Juan in Puerto Rico.“With the new facility, we expand our KN PharmaChain footprint to now over 150 global fully GXP compliant stations,” said Bob Mihok, president and chief ...
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UPS steps on the pedal for European coverage
Parcels giant UPS has redesigned its European ground network in order to offer faster deliveries from six countries in the European Union (EU) to Switzerland.Customers in Austria, Denmark, Finland, Germany, Ireland and Sweden will benefit from a faster UPS Standard delivery service, with improvements of up to two days when ...
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Air Cargo Forum: Boeing hails UPS 747 order and says there's more to come
Boeing has described UPS’ order for 14 Boeing 747-8 freighters as seminal and expects more orders for the aircraft to follow.Speaking at Tiaca’s Air Cargo Forum shortly after the deal was officially announced, Boeing Commercial Airplanes regional director, airline market analysis marketing & business development Tom Crabtree and regional director, ...
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E-commerce spurs Aramex growth
Middle East based logistics company Aramex saw revenues up 15% in the third quarter of 2016 to AED1.05bn but net profit was down 3% at AED72.2m compared with like period last year.However, for the first nine months of the year, net profit was up 16% to AED294.8m while revenue was ...
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UN urges logistics firms to think green
A new report by the United Nations High Level Advisory Group on Sustainable Transport is challenging logistics operators and other transport organisations to seek out new ways to balance short-term financial considerations against broader benefits for society and long-term economic gains.It also calls for the development of multimodal transport solutions ...
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Air Cargo Forum: New pharma group hopes to double shipper supporters over coming months
Brussels Airport and Miami International Airport have set up a new pharma organisation to improve handling and quality worldwide and expect to double the number of shipper participants over the coming months.Pharma.Aero will focus on shippers and all industry stakeholders who embrace the IATA CEIV programme. Members will foster route ...
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UPS shrugs off international airfreight woes and pension payments
UPS has revealed a 3.6% increase in third-quarter earnings at $1.44 per share, compared with the same period last year. International operating profit increased 14% to $576m, the seventh consecutive quarter of double-digit growth, said the express logistics company.Total reported revenue was $14.9bn, up 4.9% over the same quarter last ...
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Carbon watchdog gives top marks to DHL’s environmental efforts
Deutsche Post DHL Group has been recognised as a sector leader in environmental management of transportation for the Germany, Austria and Switzerland region by independent non-profit organization CDP (formerly the Carbon Disclosure Project).The express operator’s overall A-score puts it in the top 15% of companies in the industry in the ...
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Integrators lend a hand to Hurricane Matthew relief efforts
The UPS Foundation will provide emergency funding and in-kind support worth more than $1m to help response and recovery efforts related to Hurricane Matthew.Meanwhile, FedEx this week delivered aid to Haiti onboard two charter flights.The hurricane recently ravaged Haiti, the Dominican Republic, Florida, Georgia, South Carolina and North Cargolina killing ...