Supply chains – Page 36
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News
Air Canada adds cargo capacity to help maintain British Columbia supply chains
Air Canada "significantly increased cargo capacity" into and out of Vancouver to help maintain supply chain links following flooding in British Columbia.The carrier said that between November 21 and November 30 it would add around 586 tonnes of cargo capacity, representing 3,223 cu m, from its hubs in Toronto, Montreal ...
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Southwest Airlines Cargo halts standard bookings as passenger demand rises
North American low-cost carrier Southwest Airlines has temporarily suspended all cargo bookings - other than next-flight guaranteed (NFG) - due to rising passenger and cargo demand.Last week, the US carrier notified its cargo customers that due to an unprecedented number of passenger bookings, baggage loads, and cargo volumes that from ...
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NewsCMA CGM the second firm to sign up for A350 freighters
Source: AirbusCMA CGM has become the second company to sign up for Airbus' new A350 freighter as the French logistics group continues its expansion in the air cargo market.The shipping giant, which launched its CMA CGM Air Cargo business earlier this year, has signed a memorandum of understanding covering the ...
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NewsKerry Logistics and My Jet Xpress expand freighter operation
My Jet Xpress B737-400F Source: Kerry LogisticsKerry Logistics Network and Malaysian cargo airline My Jet Xpress Airlines have expanded their airfreight operation based at Macau.The airfreight partnership was first formed in March to support one of the logistic firm's e-commerce customers that was struggling to obtain freight capacity from Macau ...
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NewsCainiao opens Liege Airport warehouse
Source: CainiaoCainiao Network, the logistics arm of Alibaba Group, has opened a new warehouse at Liege Airport to meet e-commerce demand.The 30,000 sq m warehouse is divided into two parts: a 12,000 sq m air cargo station for the rapid transit of goods for both export and import between the ...
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NewsCargo market expected to remain tight despite increased passenger demand
Carsten Sphor. Source: Lufthansa GroupThe resumption of passenger operations has been in the headlines this week as the US eases its travel restrictions, but this is not expected to result in a sudden weakening of the cargo market.Lufthansa Group chief executive Carsten Spohr for one is expecting the cargo market ...
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Airfreight rates expected to continue to rise
Airfreight rates are expected to continue to rise from already elevated levels despite efforts to ease ocean freight supply chain issues.In the latest Baltic Exchange market update, investment bank Stifel senior analyst Bruce Chan said that efforts to clear US ocean freight backlogs by extending the opening hours of certain ...
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NewsAirflo and Tiger Freight sign up to AFKLMP SAF programme
GertJan Roelands & Andrew Pattenden. Source: AFKLMPFreight forwarders Airflo and Tiger Freight are the latest companies to sign up to Air France KLM Martinair Cargo's (AFKLMP) Sustainable Aviation Fuel (SAF) programme.The partnership will make it possible to use SAF on AFKLMP Cargo flights from Kenya and Zimbabwe carrying Airflo’s and ...
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NewsDB Schenker and Lufthansa extend SAF freighter flights until March
DB Schenker and Lufthansa Cargo are extending their sustainable aviation fuel (SAF) powered freighter flights between Frankfurt and Shanghai through the winter season, while Nokia has also joined the initiative.The regular SAF-powered flights were launched earlier this year and the partners will now extend the programme through to March 2022.The ...
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News
Maersk set to swoop on Senator International?
Shipping giant AP Moller Maersk is in discussions to takeover Hamburg-based freight forwarder Senator International.Air Cargo News sister publication DVZ reports that the talks are at an advanced stage and a deal could be announced this week.Both companies declined to comment to DVZ.The deal would continue Maersk's push into supply ...
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NewsK+N profits surge with capacity constraints set to persist
Kuehne+Nagel (K+N) saw profits and air volumes soar in the third quarter thanks to higher rates in air and ocean and its investment in Apex Logistics.The forwarder saw third-quarter revenues increase 70.3% year on year to SFr8.6bn, earnings before interest and tax (ebit) was up 112.6% to SFr789m and net ...
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Savino Del Bene to offer Italy-US peak season flights
Italian freight forwarder Savino Del Bene will launch a charter operation between the US and Italy in response to capacity shortages.The peak-season service will begin on October 23 and operate between Milan Malpensa and New York JFK utilising a B767-300F operated by Cargojet Airways.The company said that it had decided ...
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Could Amazon soon add B777 freighters to its fleet?
Ever since Amazon launched its US domestic freighter operation in late 2015 there has been speculation that the company could one day expand into intercontinental operations.If a recent report from Bloomberg is correct, that speculation could soon turn into reality. A report from the news wire last week suggested that ...
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NewsHow will the easing of US travel restrictions impact air cargo?
The US will remove travel restrictions for many fully vaccinated passengers in a move that could see cargo capacity increase as a result of more bellyhold operations returning to the market.The country announced today that it will re-open its borders to fully vaccinated travellers from 33 countries on November 8 ...
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LA and Long Beach ports to open 24/7 to combat supply chain chaos
US president Joe Biden has announced that the US port of Los Angeles will join nearby Long Beach in working 24/7 to help clear the cargo backlogs that had contributed to modal shift to airfreight.Biden said that a 24/7 system is how most leading countries operate and that the move ...
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UK freight forwarders say no need to cancel Christmas
UK freight forwarder association BIFA is urging calm as reports circulate that supply chain challenges could put the brakes of festive celebrations in the country .The association's director general Robert Keen urged people to maintain a sense of perspective to avoid headlines becoming a self-fulfilling prophecy.He explained that shippers and ...
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Air cargo to lead aviation in carbon reduction
Air cargo is set to lead the aviation world in the adoption of green initiatives, with sustainable aviation fuel (SAF) proving to be the best way for the industry to reduce its carbon emissions.Speaking at the IATA World Cargo Symposium, the airline group’s director general Willie Walsh said that shippers ...
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NewsDSV adds B747F US-Brazil flights for 'red hot' market
Source: DSVDSV is continuing to expand its airfreight operation with a new flight from the US to Brazil on the back of rising demand.The forwarder has teamed up with Atlas Air to offer a B747-400 freighter flight from Miami International (MIA) to Sao Paolo VCP under a 12-month agreement.The service ...
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Bolloré presents PRISM, a ‘next-generation’ 4PL
Bolloré Transport & Logistics has deployed PRISM, its next- generation 4PL company designed to meet the specific needs of customers engaged in transforming their supply chain.PRISM, present in every continent, offers digital solutions which can be customised and interfaced, either through its own LINK 4PL management system or through reversible ...
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NewsWalsh expects a permanent shift in air cargo's importance to aviation
Source: Air Cargo NewsAir cargo's new found importance to airlines is here to stay, according to IATA director general Willie Walsh.Speaking to the press after the opening session of the IATA World Cargo Symposium in Dublin, Walsh re-iterated comments made earlier in the day that the air cargo sector had ...