All Top Story articles – Page 135
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Insights
Putzger perspective: Air cargo navigates stormy skies
Recent months have been relentlessly tough to navigate for air cargo carriers, as imploding demand has yanked rates and yields out of the stratosphere to levels last seen before the pandemic.The reverberations are taking a toll on capacity expansion, as operators are having second thoughts on their anticipated need for ...
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InsightsTIACA tackles people and pollution
Trade organisation TIACA is hoping to take a lead when it comes to reducing the emissions generated by air cargo and attracting the next generation of employees.Sustainability is a delicate balancing act for the air cargo industry: maintaining global supply chains while cutting carbon emissions to meet aviation’s net zero ...
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InsightsAsia-Europe air cargo market still in recovery
The Asia-Europe trade lane has been buffeted by weakening demand and the outbreak of war in Ukraine over the last 12 months but there are some opportunities to be found.Air cargo capacity on the Asia-Europe route increased marginally (+3%) from the fourth quarter of 2021 to fourth quarter of 2022, ...
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News
Lufthansa Cargo not expecting overcapacity on Asia-Europe
Lufthansa Cargo is not expecting cargo capacity to flood the Asia-Europe trade over the coming year due to the extra distance airlines will need to travel to avoid Russian airspace and as older tonnage leaves the market.Speaking on the day the cargo business announced record operating profits for the third ...
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NewsLufthansa Cargo reports third year of record operating profits
Lufthansa Cargo reported record revenues and operating profits last year despite volumes being flat on 2021 levels.Lufthansa's logistics division, which includes Lufthansa Cargo, Jettainer, time:matters, HeyWorld and a 50% stake in AeroLogic, last year saw revenues increase by 22% year on year to €4.6bn while earnings before interest and tax ...
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NewsUPS expands at Changi Airport as it targets e-commerce
Source: UPS. Photo: RENDY ARYANTO/VVS.sgUPS has expanded its operations hub at Changi Airport as it looks to meet growing e-commerce demand following the pandemic.The hub has been increased in size by 25% to allow the company to process 40% more import packages. Export processing capacity meanwhile is boosted by 45%, ...
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News
Kuehne+Nagel targets growth in Africa with new cluster
Kuehne+Nagel is targeting growth in Africa with the formation of a new cluster to be headed by Alexandre Muratore.The new West Africa cluster will include Senegal, Nigeria, Ghana, Ivory Coast, Guinea, Burkina Faso, Gambia, Sierra Leone, Liberia, Togo, Benin, Mauritania and Guinea Bissau.Muratore, who will be based in Abidjan, will ...
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News
Raindo United Services plans Asia freighter services
Indonesia-based Raindo United Services plans to launch domestic and international freighter services in July this year, using two leased B737-800 Boeing Converted Freighters (BCF) each with a capacity of 23 tons.The digital start-up cargo airline will serve Jakarta, Medan, Balikpapan, Medan, Makassar and Surabaya on its domestic network and international ...
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NewsAir cargo capacity rises above pre-pandemic level while industry faces risk of zero growth
Air cargo capacity is continuing to climb and rose above the pre-pandemic level for the first time in four years, according to the latest market analysis from CLIVE Data Services.Global air cargo capacity increased for the eleventh consecutive month in February, up 11% on the same period last year.Meanwhile, global ...
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News
Asia Pacific airlines suffer January decline in cargo traffic
Asia Pacific airlines suffered a significant decline in cargo traffic during January with a 20.5% year-on-year plunge in freight tonne kilometres (FTK) compared with the same month in 2022.Combined with a 7.5% drop in available freight tonne kilometres, the international freight load factor fell by 9.7 percentage points to average ...
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NewsAir cargo continues aid efforts for Turkey-Syria earthquake
A 7.8 magnitude earthquake struck close to the Turkish city of Gaziantep on the Syrian border on February 6, causing extensive casualties and deaths as well as damage to buildings and infrastructure.The air cargo industry quickly swung into action to transport aid destined for the devastated region and efforts are ...
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News321 Precision Conversions partners with SAID for freighter conversions
First aircraft, MSN 1926 at SMECO in Chengdu, China. Photo: Precision ConversionsSichuan Aviation Industry Development Co. Ltd. (SAID) has partnered with 321 Precision Conversions for multiple A321-200PCF freighter conversions.The conversion and heavy maintenance activities will be carried out by SMECO, located in Chengdu, said 321 Precision Conversions in a press ...
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NewsFedEx Express expands in Germany
Photo: FedExFedEx Express has expanded its Stuttgart Air Gateway air cargo facility and commissioned a new sorter at the site.The new setup improves handling speed and capacity, helping to meet export and import demand from customers in the region.In addition to more than tripling sorting capacity, the facility offers an ...
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NewsPerishable transport trials to be used for best practice guidance
The Cool Chain Association (CCA) will draft best practice handling procedures for perishables based on a series of trials that track exports from the farm to the table.The trails, which were undertaken by CCA partner the Perishable Products Export Control Board (PPECB), tracked Sunshine Conebush flower consignments packed on-farm in ...
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News
EU's ICS2 rules come into force
Airfreight shippers and freight forwarders must ensure compliance with Release two of the European Union's (EU) new Import Control System (ICS2) from March 1.Logistics company Dimerco warned that non-compliance will run the risk of delays and possible fines.The system, implemented to better identify high-risk cargo, requires shippers to submit more ...
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NewsAmerican Airlines Cargo appoints Fau in France
Clement Fau. Source: American Airlines CargoAmerican Airlines Cargo has appointed Clément Fau as its new country sales manager for France.Fau will be based at the airline’s French headquarters at Paris Charles de Gaulle airport (CDG) and will lead the carrier’s sales team activities across the country.He reports into Emma Oliver, ...
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News
K+N reports record air volumes and revenues despite weakening market
Kuehne+Nagel has reported record airfreight volumes and revenues for 2022 despite performance weakening in the second half of the year.The world's largest airfreight forwarder reported a full-year air revenue increase of 7.6% year on year to Sfr12.4bn, earnings before interest and tax (ebit) for its air business was up 20.7% ...
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Sponsored ContentSponsored: WestJet Cargo and pets - fantastic care for your furry friends
WestJet Cargo safely and securely transports many commodities throughout the year. It has a number of industry-leading special handling practices, in particular as it pertains to some of the most precious cargo, your pets!Your furry family members deserve the highest standard of care and many factors are taken into consideration ...
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NewsCEVA Logistics tackles decarbonisation
Photo: CEVA LogisticsCEVA Logistics aims to transition all its contract logistics and freight warehouses to low-carbon electricity by 2025.The commitment will rely on a combination of purchasing low-carbon electricity (renewable and nuclear) from local utility providers and increasing its own production of electricity using rooftop solar panels, which the French ...
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Sponsored ContentSponsored: CPK – an ambitious Polish mobility project in the heart of Europe
By 2028 the new airport in the centre of Central and Eastern Europe is expected to have a capacity of 40m passengers per year. Mikołaj Wild, President of Centralny Port Komunikacyjny, is to talk about the progress of CPK, new contracts and innovative concepts undertaken with international partners at the ...