Supply chains – Page 39
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NewsDHL Supply Chain expands pharma facilities in Florstadt
DHL Supply Chain is expanding its pharma logistics capabilities in Germany with the construction of a new facility in Florstadt, 35 km north of Frankfurt am Main.The new 32,000 sq m facility, which is expected to open later this year, will offer warehouse space capable of storing pharma goods at ...
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Aero Africa further expands airfreight management team
Aviation logistics provider Aero Africa expanded its management team with the appointment of two airfreight specialists.Jarryd Niescior has joined Aero Africa Sub Saharan Africa as regional operations manager.Niescior started his career in logistics in 2012 and spent five years at Neutral Wholesaler CFR Freight South Africa. He has also completed ...
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NewsDachser USA expands West Coast presence with Phoenix facility
Image source: DachserDachser USA Air & Sea Logistics has opened a new office in Phoenix, Arizona, in response to increased customer demand in the west coast area.The company said its new office will enable it to "manage increased volume associated with cross-border trade with Mexico, including shipments from manufacturing plants ...
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NewsBUD achieves record cargo volumes in H1 2021
Image source: BUDBudapest Airport (BUD) has achieved record cargo volumes in the half of 2021.From January to June this year, the hub handled 86,798 tonnes cargo — a 36% year-on-year increase on the same period in 2020.BUD also noted that from June 2020 to June 2021, its Cargo City handled ...
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NewsDachser Asia Pacific launches Mexico air charter service
Logistics provider Dachser Asia Pacific has expanded its air charter operations to cover the Latin America (LatAm) region.Dachser Asia Pacific recently partnered with Air Canada to operate four charter flights in June, from Hong Kong to Mexico via Canada, using a Boeing 777 passenger aircraft with the seats removed.Dachser Asia ...
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World Cargo Solutions signs up for Champ Cargosystems' suite
Logistics provider World Cargo Solutions (WCS) has signed a multi-year contract for use of Champ Cargosystems' suite of cargo management applications.The application suite includes Cargospot Airline, Handling, GSA, and Revenue Accounting.WCS has also signed up for to use Champ’s regulatory compliance services, Traxon Global Customs and Traxon Global Security, which ...
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NewsBusiness-class airline La Compagnie steps into air cargo
Source: WFSBusiness-class airline La Compagnie has appointed Worldwide Flight Services (WFS) as its cargo handler as it enters the air cargo market.The airline has awarded WFS a three-year contract to handle cargo onboard its Airbus A321LR services from Paris Orly to New York’s Newark International Airport, which will increase from ...
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‘Cargo could be as powerful as our passenger services’: AirAsia chief
Air cargo has been a “diamond in the rough” for AirAsia during the Covid-19 pandemic and is likely to retain a high importance to the business in the longer term, according to group chief executive Tony Fernandes.“What was a ‘nice to have’ has become something that could be as powerful ...
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NewsAir cargo gains from rising prices in ocean shipping
High ocean freight rates caused by service disruption is helping push forwarders and shippers to use airfreight.In its latest market summary, airline association IATA said that air cargo is benefitting from "exceptionally congested" container shipping supply chains.It pointed out that the cost-competitiveness of air cargo relative to that of container ...
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Etihad Cargo continues digital drive with CargoAi partnership
Etihad Cargo has continued to expand its online offering by placing its capacity on digital booking platform CargoAi.The Abu Dhabi-based cargo business said that forwarders that use CargoAi will be able to start checking prices, schedules and quotes, and booking space on its flights through the platform from the start ...
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Geodis strengthens pharma offering with Gandon Transports acquisition
Supply chain firm Geodis is set to expand its presence in the pharma market with the acquisition of temperature-controlled logistics business Gandon Transports.Geodis said Gandon Transports, which specialises in the transport of pharma products at controlled temperatures of 2°C to 8°C and 15°C to 25°C, has an extensive network of ...
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DP World to expand Africa and Europe presence with Imperial acquisition
Supply chain solutions provider DP World has revealed plans to acquire Imperial Logistics in an $890m deal.Dubai-headquartered DP World, which has 136 business units in 61 countries across six continents, said it is interested in acquiring Imperial and all of its businesses to expand its logistics footprint in Africa and ...
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Airfreight market set to get worse before it gets better for buyers
Buyers of airfreight capacity should expect the market to get worse before it gets better, according to Bruce Chan, vice president of global logistics at investment bank Stifel.Writing in the Baltic Exchange monthly market summary, Chan said that belly capacity is not expected to return until 2023 at the earliest.And ...
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InsightsLufthansa Cargo: Laying foundations for the future
Under new leadership of Dorothea von Boxberg, Lufthansa Cargo is future-proofing its business with sustainable solutions and an increased focus on digital.Dorothea von Boxberg became chief executive at Lufthansa Cargo in March and has been keeping busy ever since.During her first few months in the role, she has been focussing ...
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Aero Africa opens Morocco office
Air cargo logistics provider Aero Africa has opened a regional office in Casablanca, Morocco.The office will operate as a control tower and centralised service center in north Africa for the company's overseas partners and clients.The Casablanca-based team will focus on promoting Aero Africa’s digital airfreight portal, developing blocked space agreements ...
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Insights
Air cargo rates cool in June for summer slowdown
Air cargo rates settled down in June as the industry entered a seasonal slowdown in demand, but airlines and forwarders appear to be expecting a busy peak season. The latest figures from the Baltic Exchange Air Freight Index (BAI) show that average prices from Hong Kong to North America in ...
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Cathay Cargo to add more preighters ahead of peak season crunch
Cathay Pacific Cargo has revealed plans to remove the seats from two more of its aircraft as it predicts an industry-wide capacity shortfall for the peak season.The Hong Kong-headquartered carrier said that while its passenger network is slowly growing, it will offer around 30% of its normal capacity in the ...
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Qatar Cargo continues to roll out capacity on WebCargo
Qatar Airways Cargo has made available its capacity to more countries on online booking portal WebCargo.The airline said that from June 30 all countries in its Europe region - excluding Armenia, Bosnia and Herzegovina, Russia, Slovakia and Slovenia - would be able to use the online booking platform to book ...
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FedEx to add freighters and boost spending to meet demand
FedEx will boost spending over the coming year and add more freighter orders to meet growing e-commerce demand.Announcing its results full-year results for fiscal year ended May 31, the express giant said it expected to spend around $7.2bn in FY 2022 compared with around $5.9bn last year.Meanwhile, FedEx will exercise ...
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Soaring e-commerce and the need to support aviation
At the start of June, Logistics UK partnered with Aberdeen Standard Investment’s AIPUT (Airport Industrial Property Unit Trust) to present government with a call for action over the future of air freight, writes Logistics UK's Alex Veitch.In the proposals presented, 11 key recommendations were made to enable the UK to ...