All Top Story articles – Page 128
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News
SpiceJet hives off its air cargo business
Indian low-cost carrier SpiceJet has finally spun off its SpiceXpress freighter business as it looks to grow the company.SpiceJet said that SpiceXpress became a standalone entity on April 1 through a slump sale worth around Rs25bn.The airline will retain a 98% shareholding in the freighter operator with the remaining 2% ...
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NewsAeronaves TSM continues expansion with CRJ200 freighters
Source: AEIMexico-based Aeronaves TSM is continuing the expansion of its fleet with the addition of CRJ200 freighters.The freighter operator has signed a deal with Aeronautical Engineers, Inc. to convert six CJR200s into a freighter configuration.The modifications for all the aircraft are being performed by the authorised AEI Conversion Center, Commercial ...
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NewsLufthansa Cargo to add new intra-European services
Source: Lufthansa CargoLufthansa Cargo will in April expand its intra-European network with the addition of three new destinations.The carrier will add Larnaca, Athens and Milan to its network to expand its intra-European offering to 12 destinations and more than 50 flights per week.The service from Frankfurt to Larnaca and Athens ...
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NewsMaersk Air Cargo launches new US-China flights
Photo: MaerskMaersk Air Cargo has introduced two new US-China routes as it continues to expand its global operations.The airline will operate two weekly flights between Greenville-Spartanburg International Airport and Shenyang Taoxian International Airport, and two weekly flights between Chicago Rockford International Airport and Hangzhou Xiaoshan International Airport.Both services will be ...
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NewsScan Global Logistics continues expansion
SGL Romania Management Team from left to right: Sebastian Blaga, Rares Theodosiu, Adrian Pali, Andrei Zodie, Nicolae Dragan. Source: SGLFast-growing forwarder Scan Global Logistics has continued its expansion with the opening of an office in Bucharest.The forwarder said it had decided on the new office as Bucharest was fast becoming ...
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NewsCainiao partners with Shenzhen Airport and Atlas Air to advance air cargo
Photo: AlibabaCainiao Network has partnered with Shenzhen Bao’an International Airport to establish an air cargo centre and expanded its partnership with Atlas Air to launch more international chartered cargo flights from Shenzhen.The new flights from Shenzhen, China to São Paulo, Brazil, will operate twice a week, with a loading capacity ...
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News
China's first cargo-focused airport launches international flights
China's first cargo-focused airport has launched its inaugural international route with a Belgium-bound flight.The all-cargo aircraft, loaded with some 100 tonnes of freight, departed Ezhou Huahu Airport in Hubei Province on April 1, according to China's state press agency Xinhua.This route is scheduled to provide two round-trip cargo flights each ...
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NewsAir France KLM Martinair and CMA CGM air cargo partnership takes off
Source: AFKLMPAir France KLM Martinair Cargo (AFKLMP) and CMA CGM Air Cargo have launched a capacity partnership announced last year.The tie-up, first announced in May 2022, will see the two carriers jointly operate the full-freighter aircraft capacity of their respective airlines, initially including CMA CGM's six freighter aircraft and AFKLMP's ...
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NewsSATS completes acquisition of WFS
Photo: WFSSingapore-based aviation services company SATS has completed the acquisition of cargo handler Worldwide Flight Services (WFS) for €1.3bn.SATS struck a deal last September to buy WFS from an affiliate of asset investor Cerberus Capital Management. The transaction has an enterprise value of €2.25bn.WFS is now a fully owned subsidiary ...
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NewsASL expands into Australia with Pionair acquisition
ASL Aviation Holdings has acquired freighter operator Pionair as it expands into Australian and Oceania marketsACMI provider Pionair has five main bases in Australia - Sydney, Melbourne, Adelaide, Brisbane and Cairns - and has a focus on the express and e-retail sectors.Its fleet consists of 12 aircraft including Embraer E190-E2’s ...
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News
CargoAi helps customers to go paperless
CargoAi has launched a new feature to support its users with the transition to the electronic Air Waybill (eAWB).The digital company said that from April 3 the 9,000 freight forwarders using CargoMART will be able to send FWB and FHL, once the booking is made, to more than 80 airlines.The ...
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NewsBolloré targets Hainan duty-free retail market with charter flights
Source: BolloréBolloré Logistics has added a new charter service to Hainan to cater for the island's duty-free shopping demand.The weekly service was launched after the logistics operator signed a cooperation agreement with the Hainan Provincial Bureau of International Economic Development (IEDB) and Haikou Comprehensive Bonded Zone Management Committee.The service will ...
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NewsK&N begins weekly cargo flights from Stuttgart to Alabama
Kuehne+Nagel (K+N) has begun operating weekly international cargo flights from Germany into Birmingham-Shuttlesworth International Airport in Alabama.The logistics company said its first charter cargo flight into Birmingham-Shuttlesworth from Stuttgart, Germany took place on April 2, using a Boeing B747-8F operated by Atlas Air.This milestone flight follows an agreement in February ...
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NewsGarcia returns to IAG Cargo
Camilo Garcia. Source IAG CargoAfter four years working in the world of air cargo booking portals, Camilo Garcia Cervera will return to IAG Cargo.Cervera, who re-joins from WebCargo by Freightos, will take the role of chief sales and marketing officer.In his new role, he will "shape IAG Cargo’s sales and ...
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News
Bolloré Africa Logistics rebrands following takeover
Bolloré Africa Logistics has been rebranded as Africa Global Logistics (AGL) following its acquisition by container shipping giant MSC.The acquisition was completed at the end of 2022 and included all the Bolloré Group's shipping, logistics and terminal operations on the continent.At the time the deal was announced, Bolloré Africa Logistics ...
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NewsLeschaco Group announces new CEO
Constantin Conrad. Source: Leschaco GroupLogistics firm The Leschaco Group has appointed a new chief executive as well as a series of other management changes.Constantin Conrad has officially assumed the role of chief executive following the unexpected death of his father, Jörg Conrad, in October last year.Constantin Conrad was previously appointed ...
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Insights
Logistics UK: Sustainability takes flight
Air cargo is a vital part of the logistics sector, providing fast and efficient transportation of goods around the world to meet increasing online consumer demand, but is arguably one of the most difficult modes to decarbonise.As the economy faces rising fuel costs, it is crucial that both government and ...
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InsightsAwery clicks with premium services
(left to right) Tristan Koch, Chief Commercial Officer, Awery; Anna Balan, Head of CargoBooking, Awery.Air cargo software firm Awery in February took the decision to offer its CargoBooking service for free.The online booking portal allows airlines and General Sales Agents (GSAs) to provide freight forwarders with real-time air cargo rate ...
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Insights
Putzger perspective: Freighters lose altitude
Since late spring last year, truckers and ocean carriers have been wondering where the bottom of the market is as demand and rates continued to spiral downward.Now a growing number of players in the freighter market are concluding that it’s time to cut back.Management of shipping line NYK no longer ...
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InsightsTranspacific market: from the doldrums to new highs
After a difficult 12 months, carriers and forwarders expect business on the transpacific to take off in the latter half of the year.Cathay Cargo, the recently rebranded freight arm of Cathay Pacific, is leading the push for a new intermodal service to facilitate flows from the Dongguan area in the ...