All Top Story articles – Page 136
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News
First signs of recovery in air cargo?
The air cargo market could be showing the first signs of a possible recovery fuelled by the restart of production at Chinese factories.Data provider TAC Index said that while air cargo rates "continued to edge slightly lower" last week there were indications of the "first shoots of recovery" for some ...
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NewsPeli BioThermal expands Crēdo Cube Dry Ice Range
Credo Cube. Source: Peli BioThermalPeli BioThermal has expanded its reusable Crēdo Cube Dry Ice Range.The company said its range of five new Crēdo Cube Dry Ice shippers deliver deep frozen payload protection for durations of 144 hours.The range of shippers offers payload volumes between 1.8 litres to 55 litres and ...
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NewsAlliance Ground International cuts plastic use
Jared Azcuy, chief executive of AGI. Photo: AGIAlliance Ground International (AGI) has begun converting all plastic sheeting used in its cargo shipping to M&G Packaging’s biodegradable BioNatur Plastics products.The initiative has been announced as the Miami-based ground handler’s AGI Cares 2028 programme kicks off.AGI Cares 2028 is a Environmental, Social ...
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NewsFraport tests autonomous tractor for cargo handling
Source: FraportAirport operator Fraport is trialling an autonomous cargo tractor at Frankfurt Airport as it considers automating some operations.The aim of the trial, which will last several weeks, is to determine whether an autonomous vehicle can support regular baggage and cargo operations on the apron.The electric vehicle will operate on ...
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NewsRoad feeder services getting closer to zero emissions with electric project
Copyright: Hessen Mobil 2019DSV is participating in a research project to test and establish an eHighway that could enable fully electric long-distance road freight.The ELISA eHighway project is being carried out in Frankfurt Germany to establish an electric highway that allows for on-the-go charging of electric vehicles, eliminating downtime spent ...
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Qantas plans to add more freighters
Qantas Group plans to add "three additional" Airbus A321 passenger to freighter (P2F) aircraft to help Qantas Freight meet air cargo demand.Speaking about these freighters and other planned passenger aircraft, the Group said the aircraft will help "maintain required capacity despite manufacturer delays to new aircraft" and "burn up to ...
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IAG Cargo adds Heathrow to Amsterdam freighter capacity
IAG Cargo increased its widebody cargo capacity from London Heathrow to Amsterdam from once to twice a week from February 15."The additional day three service will be operated by A330F aircraft with the capacity to transport more than 60 tonnes of cargo," said IAG Cargo in a LinkedIn post.It added: ...
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Gross Fuchs network partners with CargoAi on online payment
Freight forwarder network Gross Fuchs will provide its members with access to CargoAi's online payment system, CargoWALLET, and its emissions calculator.CargoWALLET allows forwarders to make payments for their air cargo shipments directly within the CargoAi's online booking portal."One of the key benefits of CargoWALLET is its streamlined booking and payment ...
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Swissport sees air cargo volumes decline
Ground handler Swissport saw its air cargo volumes decline last year due to weakening economic conditions and supply chain issues.The company last year handled 4.8m tonnes of cargo, a 5.9% decline compared with the 5.1m processed in 2021.Swissport said the result was "solid" and added that the decline reflected "global ...
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Cosco opens sea and air logistics centre in Guangzhou
China’s Cosco Shipping has opened a sea and air logistics centre in Guangzhou Airport’s economic zone.The facility is to include warehousing, logistics, e-commerce and other value-added services, according to Seatrade Maritime News.Its opening marks the start of the Shanghai-headquartered company’s regional supply chain platform in southeast China.Cosco Shipping Logistics chairman ...
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News
Small airlines bottom of the pile for SAF
Bigger airlines are being favoured by sustainable Aviation Fuel (SAF) providers, according to one cargo airline boss.Astral Aviation founder and chief executive Sanjeev Gadhia said smaller carriers interested in investing in SAF are “at the bottom of the food chain”.Speaking exclusively to Air Cargo News, Gadhia said: “The reality is ...
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NewsLove is in the air: Air cargo braces for a busy Valentine's Day period
Each year flowers take to the air as people around the world celebrate Valentine's Day by gifting bouquets to their loved ones. As a result, air cargo volumes blossom with tonnes of the perishable product flowing around the world. Here is a summary of some of the main news stories ...
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News
IAG Cargo to charge for paper air waybills
IAG Cargo is to introduce a charging fee for using paper air waybills (AWB) as part of its drive to become digital first.From April 3, customers who opt for paper AWB when booking cargo shipments will be charged a £10 fee, where switching to eAWB is free of charge.For years, ...
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ATSG reports record revenues but predicts block hour decline in 2023
Freighter aircraft lessor ATSG reported record revenues in 2022 but is expecting its block hours to decline this year.The Wilmington, Ohio headquartered firm last year saw its revenues increase 18% year on year to $2bn, adjusted earnings before interest, tax, depreciation and amortisation (ebitda) increased 18% to $641m but net ...
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NewsCollapsible air cargo container gains approval
Source: VRRULD firm VRR's collapsible air cargo container has been certified for use by the European Union Aviation Saftey Agency.The collapsible AAX has the same shape capacity and durability as the standard AAX and was designed in response to the world’s imbalance in ULDs by allowing carriers to transport more ...
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NewsEthiopian adds new China-Europe freighter service
Source: Ethiopian CargoEthiopian Airlines has added a freighter service between China and Belgium as it looks to capitalise on growing e-commerce demand.The new service will initially operate twice a week flying between Shenzhen and Liege utilising B777F aircraft.The carrier said that the service was its first scheduled cargo service from ...
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Silk Way West looks to the Middle East and Central Asia with freighter flights
Baku-based freighter operator Silk Way West Airlines has expanded its scheduled network in the Middle East and Central Asia as it looks to capitalise on rising demand.The expansion sees the carrier operating two scheduled freighter flights a week between Baku Heydar Aliyev International Airport and Dammam King Fahd International Airport ...
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IAG Cargo sees volumes grow in 2022 despite revenue drop off
IAG Cargo saw its cargo revenues decline last year despite a slight pick up in volumes as bellyhold operations returned following the Covid pandemic.The cargo division, which offers capacity on British Airways, Iberia and Aer Lingus, saw cargo revenues for the full year decline by 3.5% year on year to ...
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Atlas Air sees Q4 revenue win but global demand dampens 2022 results
Atlas Air saw revenue growth in the fourth quarter of 2022 thanks to “an increase in the average rate per block hour”.The US cargo airline’s revenues in the fourth quarter of 2022 are up 4% compared to the fourth quarter of 2021.Atlas Air said: “Higher Airline Operations revenue primarily reflected ...
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Expeditors revenues and volumes down
In its fourth-quarter 2022 financial results for the three months ended December 31, Expeditors International posted year-on-year declines in operating income, revenues and volumes as demand normalised after the pandemic – and then fell off in response to economic uncertainty.Operating income for the logistics firm decreased by 47% to $330m ...