All Top Story articles – Page 125
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Nippon Express: no decision on cargo-partner acquisition
Japanese global logistics services company Nippon Express is believed to be in talks to buy Austrian logistics provider cargo-partner, however, the former said "no particular facts have been decided".The parties are negotiating terms of a potential deal and may reach an agreement as soon as the coming weeks, according to ...
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IAI to produce freighter conversions at Incheon Airport
The test flight of the 777-300ER. Photo: IAIIsrael Aerospace Industries (IAI) has signed an agreement with Sharp Technics K and Incheon International Airport Corporation, to establish a facility for the passenger-to-freighter conversion of Boeing 777-ERSF (Big Twin) aircraft.Within the framework of the collaboration agreement, IAI plans to convert widebody 777-300ER ...
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Profits up but revenues down at Air Charter Service
Charter broker Air Charter Service (ACS) saw its revenues fall but profits climb last year as cargo demand waned but private jet charters were on the rise.The company said that group revenue declined by around 15% in 2022 to £1.1bn, while earnings before interest, tax, deprecation and amortisation increased by ...
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CMA CGM makes bid for Bollore Group's logistics activities
The CMA CGM Group has entered into exclusive negotiations to acquire Bolloré Logistics' transportation and logistics activities.If a deal is reached, the acquisition would further strengthen the shipping giant's logistics activities.Reuters suggests CMA CGM's offer has a value of around $5.5bn.CMA CGM Group said: "The negotiations are in line with ...
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Avianca Cargo expands US connections with Los Angeles freighter flights
Avianca Cargo will add new freighter flights between Quito and new destination Los Angeles as it targets growing demand between Ecuador and North America.The flight will operate twice per week and also include a stop at Bogotá. Currently, 80% of Avianca's cargo volumes from Ecuador are destined for North America."[The ...
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Kuehne+Nagel and Atlas Air team up on Sustainable Engine Alliance
Kuehne+Nagel, Atlas Air and SR Technics Group have formed the Sustainable Engine Alliance which aims to reduce the environmental impact of aircraft engine supply chains.The alliance said that it would deploy sustainable fuels, engine stand management solutions and a global digital interface for emission transparency, reduction and avoidance.The initiative is ...
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Antonov flies its largest single piece of cargo
Antonov Airlines has transported a power supply skid on board one of its AN-124 aircraft - the largest single piece of cargo transported by the airline.The power supply skid was flown from Tekirdag, Turkey to Hamburg, Germany on board of one of the airline's AN-124-100-150 aircraft in conjunction with project ...
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UPS sees intra-Asia trade growth as "immense opportunity"
UPS sees intra-Asia trade as an "immense opportunity” and aims to help champion small businesses in the region with its supply chain services.The logistics company told Air Cargo News that a recent study it published on intra-Asia trade provides insights into the needs of regional businesses which it can use ...
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FedEx pilot strike woes continue
FedEx could soon be under pressure to keep its freighters in the air with pilots considering strike action.FedEx Express pilots, represented by the Air Line Pilots Association, Int’l (ALPA), have announced that the voting window for a strike authorisation ballot will open on April 18."Mediated negotiations for a new employment ...
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Etihad Cargo and SF Airlines link up networks
Source: Etihad CargoEtihad Cargo and China-based express carrier SF Airlines have signed a Memorandum of Understanding (MoU) to link their respective networks.The MoU will see the two carriers operate flights via their two hubs starting in April. Etihad said the tie-up would enable it expand its reach into China with ...
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Aero Africa handles first Nairobi-Muscat SalamAir freighter
Air cargo management group Aero Africa has successfully handled the first SalamAir direct freighter from Nairobi, Kenya to Muscat, Oman since it was appointed as the airline's cargo GSSA for Kenya.The flight took place on April 16 using an Airbus A321-200 passenger to freighter (P2F) conversion aircraft."This direct freighter service ...
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Zhongyuan Longhao Airlines launches flights between Zhengzhou and New Delhi
Zhongyuan Longhao Airlines (China Central Longhao Airlines) has begun operating flights between Zhengzhou, China and New Delhi, India.The state-owned cargo airline will operate two flights per week from Zhengzhou using a B747-400 freighter, said Delhi International Airport.The airport said in a LinkedIn post on April 13: "Delhi International Airport is ...
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CMA CGM Air Cargo launches new Paris-Guangzhou air cargo route
CMA CGM Air Cargo has carried out the maiden flight for a new air cargo route between Paris, France and Guangzhou, China.On Tuesday April 11, a CMA CGM Air Cargo freighter flew from Paris Charles de Gaulle Airport to Guangzhou Baiyun International Airport, according to Guangdong Airport Authority's logistics company, ...
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Groundforce Portugal to upgrade to Hermes SaaS
Paulo Colla Carvalheiro, planning, processes and innovation director, Groundforce PortugalHermes Logistics Technologies (HLT) is to upgrade long-term customer Groundforce Portugal to its latest cloud-based Hermes 5 Software as a Service (SaaS) cargo management system.Switching to Hermes SaaS will being major enhancements in terms of security and increasing the speed, volume ...
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UPS Healthcare grows hub in Poland
UPS Healthcare facility at Blonie. Photo: UPSUPS Healthcare has more than doubled the size of its healthcare logistics facility in Blonie, Poland.More than 17,000 sq m of space has been added to the site, which is dedicated to the storage of temperature-sensitive treatments between 2 and 8 degrees Celsius and ...
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10 people charged with defrauding Polar Air Cargo Worldwide
10 people have been charged with defrauding Atlas Air Worldwide subsidiary Polar Air Cargo.Elements of the US criminal justice system, including the United States Attorney for the Southern District of New York, the Federal Bureau of Investigation (FBI) and the Internal Revenue Service (IRS), have cooperated to charge individuals with ...
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BIFA creates new role of member engagement director
Denise Hill. Photo: BIFAThe British International Freight Association (BIFA) has created a new position of member engagement director as part of a strategy to further raise its profile with its members as well as enhance engagement with them.Appointed to the newly created position is Denise Hill, whose background is in ...
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Dutch government to appeal against court’s ruling on Schiphol flights
The battle over flight limits at Amsterdam Schiphol Airport is heating up with the Dutch government planning to appeal a court ruling that protects the airport's current operations.The Dutch minister of infrastructure and water management has confirmed that the government is to appeal against the ruling on April 5 of ...
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Cargo iQ improves shipment visibility
Chris Davies, technology and product manager at Cargo iQ. Photo: CargoiQCargo iQ, the not-for-profit airfreight quality standards group, has updated its offset management platform ENCORE to offer greater visibility of shipments.The upgrade offers ground handling agents (GHAs) access to service timelines for shipments that can be related to the GHAs’ ...
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FAA looks to Merlin for autonomous cargo flights
Photo: Business WireThe US Federal Aviation Administration (FAA) has awarded Merlin, a developer of autonomous flight technology for fixed-wing aircraft, a $1m contract to demonstrate its highly automated flight control system.Merlin has developed an integrated hardware and software system known as the Merlin Pilot.The FAA demonstration will see the system ...