All Top Story articles – Page 101
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News1983-1992: A decade of M&A
As part of efforts to celebrate 40 years of Air Cargo News, the editorial team set themselves the unenviable task of reviewing the biggest stories over the past four decades. To begin, 1983-1992.March 16, 1983 saw the launch of a new title covering the airfreight industry – the fortnightly Air ...
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News1993-2002: Time for technology
As the 1990s progressed, the rapid growth of the internet began to have a big influence on air cargo. The industry also faced a power struggle with the rise of the integrators – and had to cope with some tragic events. The years 1993-2002 saw the deployment of internet and ...
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News2003-2012: Crisis management
Political events and the realities of climate change drove more change in air cargo in the early years of the century. Meanwhile, news broke that competition authorities were investigating a price‑fixing scandal.The 10-year period running from 2003 to 2012 was a testing time for the air cargo industry. It was ...
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News2013-2022 M&A mania and the rise of express carriers
Air cargo in 2013-2022 was characterised by high‑value investments and acquisitions, but it also faced huge challenges.The period 2013-2022 played host to a mature air cargo market. There was a flurry of merger and acquisition activity, alongside a stream of new airlines hungry for a slice of a demand-driven market, ...
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News40 years of pioneers and transformation
A group of entrepreneurs have helped reshape the airfreight sector and build the industry we know today. Let's take a look at some of the visionaries of the past four decades.Cataclysmic events such as 9/11 have had a huge impact on the airfreight business, but equally profound changes have come ...
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NewsVideo: What events have had the largest impact on the industry in the last 40 years?
Air Cargo News is celebrating 40 years of breaking news and views. As well as looking back through time ourselves at the biggest stories of the last 40 years, we decided to ask a selection of industry stakeholders what events have had the largest impact on the industry in the ...
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NewsLet’s get digital
Air cargo has been criticised in the past for being slow to digitalise its processes – but in recent years progress has accelerated.Although the industry has been criticised previously for being slow to adopt technology and digitalisation, there have in fact been plenty of investments overthe past 40 years that ...
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NewsVideo: What have been the biggest changes in the industry in the last 40 years
Air Cargo News is celebrating 40 years of breaking news and views. As well as looking back through time ourselves at the biggest stories of the last 40 years, we decided to ask a selection of industry stakeholders what events have had the largest impact on the industry in the ...
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NewsWhere now for air cargo?
“Firstly, I shall say that I have the pleasure to be looking at the future of the industry from the comfort of a beach hammock somewhere in the world,” Tiaca director general Glyn Hughes tells Air Cargo News (ACN) when he sits with us to share his thoughts on what ...
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NewsCathay Cargo makes management changes
From left to right: George Edmunds, James Evans, Frosti Lau and Tim Wong. Photo: Cathay PacificCathay Cargo has made changes to its management team, as previously reported by Air Cargo News.James Evans has replaced George Edmunds as general manager cargo commercial. Evans has extensive experience across the Cathay Group.Edmunds has ...
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Western Global Airlines reaches bankruptcy financing deal
Florida-headquartered Western Global Airlines (WGA) has reached a bankruptcy financing deal that will enable the cargo carrier to continue operating while it addresses its financial position.According to a Bloomberg report published on July 31, the carrier has lined up US$77.3m of bankruptcy financing at a rate of 9% over the ...
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cargo-partner launches Western Europe–Asia consolidation services
Austria-based international logistics specialist cargo-partner has introduced new airfreight consolidations between Western Europe and Asia.The weekly services link major airports in Austria, Germany, the UK, Sweden and the Netherlands with Delhi, Bangalore, Mumbai, Chennai, Shanghai, Bangkok, Hong Kong and Singapore.They include pre-carriage from anywhere in Western Europe as well as ...
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NewsAGI opens Leeds office
Dale Cross. Photo: AGI Global LogisticsAGI Global Logistics has opened a new office in Leeds, UK to increase its coverage in the north of England, where it already has a presence in Manchester, Immingham and Newcastle.The Leeds office is an extension of AGI’s Derby operation, and will be run by ...
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NewsRaft strengthens leadership team
Claudio Fiaoni, regional vice president of sales, EMEA; and Kurt Corman, regional vice president of sales, Americas. Photo: RaftIntelligent logistics platform Raft has made two appointments to its commercial leadership team to support the company’s accelerating global growth.Kurt Corman, who has previously held sales and leadership roles with technology platforms ...
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NewsDHL airfreight volumes continue to fall
Melanie Kreis, DHL Group chief financial officer. Photo: DHLDHL Group’s second quarter airfreight volumes reflect what the company called a “less dynamic market environment”, having declined by 13% year on year to 415,000 tons – while revenue plummeted 46.8% to €1.48bn.Looking at airfreight performance during the first half of the ...
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Canadian port workers deal on table to end strikes
Strikes at the ports of Vancouver and Prince Rupert are understood by Air Cargo News to have ended after the announcement of a new settlement for workers.Industrial action involving over 7,000 dockworkers belonging to the International Longshore and Warehouse Union (ILWU) Canada began on July 1 after the ILWU failed ...
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NewsDrewes set to become Hellmann CEO
Jens Drewes. Photo: Hellmann Worldwide LogisticsHellmann Worldwide Logistics has appointed Jens Drewes as chief executive, effective August 2024.He will succeed Reiner Heiken, who has decided to retire next year. The chief executive role encompasses five areas: HR, sales, marketing, corporate development and corporate communications.Drewes' logistics career spans over 30 years, ...
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Deutsche Bahn mulls DB Schenker sale options
Rail and logistics giant Deutsche Bahn (DB) is continuing to assess its options for selling its forwarding subsidiary DB Schenker.Levin Holle, member of the Management Board for Finance and Logistics, noted that the business is performing well, despite much more challenging market conditions than in 2022.Speaking during the DB Group's ...
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Aero Africa joins Global Logistics Summit Network
Air cargo management group Aero Africa has joined the Global Logistics Summit Network (GLSN)."Aero Africa is now supporting Senegal, Gabon, Eritrea, Equatorial Guinea, Congo-Brazzaville, Chad, Central African Republic, Cameroon, Burundi, Botswana, Cape Verde & DR Congo inside the GLSN forwarding network," said GLSN in a press release on July 31.According ...
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Hong Kong Air Cargo targets expansion
Hong Kong Air Cargo (HKC) has opened a new Greater Bay Area Office (GBA Office) in Shenzhen to expand its business in the region.According to a HKC LinkedIn post on July 31, chairman and president of HKC, ZHANG Youqiang, said: "The opening of our GBA Office in Shenzhen is a ...