Sectors – Page 121
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News
TNT to sell overnight arm
TNT Express is to sell its TNT Innight overnight distribution subsidiary to private equity firm Special Situations Venture Partners III. TNT, which recently announced the approval of the Chinese competition authorfities of its acquisition by FedEx, said it wanted concentrate resources on strengthening its core express delivery activities. TNT Innight ...
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China green light for FedEx-TNT deal
FedEx Corporation and TNT Express have said that they have obtained the unconditional approval of China’s Ministry of Commerce (MOFCOM) for their merger.With one of the last remaining hurdles to the deal surmounted, the two express companies say that the offer condition with respect to competition clearances has now been ...
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Air France KLM achieves IATA pharma certification
Air France KLM Martinair Cargo has achieved IATA pharma certification for four areas of its business and claims that customers are increasingly demanding the credential before they will engage with airlines.The Franco-Dutch airline group achieved IATA Centre of Excellence for Independent Validators Pharma (CEIV) certification in February this year.The four ...
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UPS hits earnings record in first quarter
UPS earnings per share jumped 13% in the first quarter of 2016, with growth across all main segments of its business. US domestic and international small packages drove the US-based express logistics firm to a record first quarter, with international operating profit up 15% to $574 million.Total revenue was up ...
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China logistics giant to build own airport
SF Express is to build its own airport in the Wuhan area, according to China Aviation Daily, quoting an interview with its president Tu Wei with CAACNews. China’s largest private express company is reportedly investigating possible sites for a freight airport in South Central China although sources quoted suggest that ...
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UPS enjoys successful first quarter, but airfreight market challenging
UPS has revealed what it describes as record first quarter results. Total revenue over the three-month period reached $14.4 billion, up 3.2% over the same quarter of last year (and on a currency-neutral basis, revenue increased 3.7% year on year).Both UPS’s domestic US and international small package segments drove growth“We ...
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Accusations fly as Atlas Air pilots' union requests mediation
A dispute involving 1,300 pilots flying for DHL-contracted airlines Atlas Air and Polar Air Cargo in the US looks set to go to mediation.The Teamsters union said on 26 April that the National Mediation Board (NMB) which facilitates labour relations in aviation had agreed to the request despite the fact ...
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SkyCell teams up with EGA group in Brazilian market
The EGA Group and SkyCell Switzerland have signed an exclusivity deal for the leasing and distribution of pharma containers in Brazil.“The partnership aims to offer logistics solutions, exclusive and dedicated especially for pharmaceutical logistics, reducing costs in door-to-door shipments, ensuring quality without any environmental impact in controlling the product temperature”, ...
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AMI portal tops 100,000 quotes
Airfreight and express wholesaler AMI says that its online booking portal has handled 100,000 quotes since it was launched six months ago in late 2015.Quote & Book has also doubled AMI’s live customer base, maintaining a 15% conversion ratio to firm bookings since its launch, as well as those for ...
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Time:matters enjoys successful year
time:matters, the specialist in time-critical logistics that forms part of the Lufthansa Cargo Group, enjoyed an 8% increase in revenue last year compared to 2015, making a turnover of 64 million euros.That result built on the success of 2014, when revenue had grown by 10% over 2013.Time:matters’ international business did ...
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E-commerce delivers growth for Aramex
Middle East owned Aramex said that the online delivery market had helped it ride out global economic uncertainty and delivery strong growth in the first months of this year.The Dubai-based logistics company announced net profits up 12% to AED 96.9 million in the first quarter of 2016 compared with AED ...
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Air France KLM launches new freighter flights to serve the mango trade
Air France KLM Martinair Cargo and logistics firm Fermac Cargo España have launched joint 777-300 freighter flights from Abidjan, Ivory Coast to Madrid to serve the mango trade.The first of a minimum of eight flights operated on 19 April, each carrying around 90 tonnes of the fruit, which is in ...
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FedEx deal is on track, says TNT boss
TNT is in course to close its deal with FedEx during the second course, said chief executive Tex Gunning at a press conference to announce the Dutch-owned express operator’s first quarter results. Asked what the outcome would be if the Chinese authorities did not give their approval by the 6 ...
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Air Cargo News reveals dates for Life Sciences and Pharmaceuticals Air Cargo Conference
Air Cargo News is delighted to announce that its Life Sciences and Pharmaceuticals Air Cargo Conference will take place in London in November this year.The conference will take place at the Hilton London Heathrow Airport at Terminal 4 on November 22 and 23.The event sees key links in the pharmaceutical ...
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Temperature-sensitive cargo — Emirates has it covered
Emirates SkyCargo has launched White Cover Advanced, a next-generation version of its protection product for valuable temperature-sensitive cargo, including pharmaceuticals.Weighing no more than 3kg, the special sheet completely encloses the shipment and allows for cooling during transportation and cold storage. Application takes two people no more than eight minutes to ...
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Pharma GDP for IJS Global GEFCO Netherlands
IJS Global GEFCO Netherlands (NL) has been awarded a Good Distribution Practice (GDP) certificate by the Dutch Ministry of Health.The internationally-recognised certificate shows that the company fulfils the requirements of the European Commission’s Guidelines on Good Distribution Practice of Medicinal Products for Human Use and of World Health Organization (WHO) ...
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Brazil and Chile added to Pelican cold-chain logistics
Pelican BioThermal, the temperature-controlled packaging specialist, has added Brazil and Chile to its cold chain network.It has announced partnerships in Latin America with BioThermal Solutions of Chile and NatBio of Brazil.Kevin Lawler, vice president of worldwide sales at Pelican BioThermal, said: “With the continued growth of the global healthcare cold ...
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TNT signs pharma duo for Medpak service
TNT has signed up two global customers for its new cold chain packaging and shipping solution, Medpak VI°C.The Europe-based express operator did not name the customers but said that one is “a leading clinical trial company” while the other is “a global biotech company”.Medpak VI°C, which guarantees a temperature variance ...
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Shanghai is China’s centre of cool
Shanghai Pudong Int’l Airport Cargo Terminal (PACTL) has officially opened a new cool centre, certified to IATA CEIV Pharma standards - the first Chinese facility to achieve this. It can handle 100,000 tonnes of temperature-sensitive goods a year on a 3,500sq m footprint.Facilities include freezers (+8 to -18 degrees Celsius) ...
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UPS names Cindy Miller as president of global freight forwarding
UPS has promoted Cindy Miller as the first female president of its global freight forwarding arm.Miller began her career with the US parcels and logistics giant as a driver in Allentown, Pennsylvania, in 1988.“The air freight industry is central to the development of trade and the global economy,” said Miller, ...