All Top Story articles – Page 18
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News
E-commerce demand not going away despite US clampdowns
The online shopping-fuelled surge in air cargo demand looks set to continue despite US government attempts to tighten import regulations for e-commerce. Niall van de Wouw, chief airfreight officer at analyst Xeneta, said proposed regulations that will expand the types of goods excluded from paying duties under the de minimis ...
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S&P revises DSV's A- rating outlook to negative following Schenker deal
Credit ratings agency S&P has re-affirmed the forwarder's current credit rating of A- but revised its outlook to negative due to the risks associated with its planned €14.3bn take over of German logistics giant DB Schenker.S&P said that its decision to revise the firm's outlook from stable to negative reflects ...
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NewsUS customs clamps down on vague cargo descriptions
US Customs and Border Protection (CBP) is clamping down on the use of vague descriptions of shipments submitted through the Air Cargo Advance Screening (ACAS). CBP said that from October 7, carriers and other parties electing to file ACAS data to CBP are required to provide a precise description of ...
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NewsLogistics UK welcomes postponement of fresh produce border checks
Source: HiddenMax/Shutterstock.comThe UK government has delayed the introduction of border checks on produce brought into the country from the European Union (EU) for a third time.The Department for Environment, Food and Rural Affairs (Defra) said yesterday that it had extended the easement of import checks on medium-risk fruit and vegetables ...
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DHL Express invests €25m to triple capacity at Porto Airport
DHL Express Portugal has invested more than €25m to triple its operational capacity at Portugal's Francisco Sá Carneiro Airport with the opening of a new facility.With a total footprint of over 18,000 sq m, the new facility enables DHL to process up to 6,500 pieces per hour for imports, an ...
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NewsMesse München acquires Air Cargo Americas
Robert Schoenberger and Ivan Barrios. Photo: Messe MunchenMesse München has acquired the Air Cargo Americas Conference & Exhibition from the World Trade Center Miami to expand its logistics portfolio.Although Messe München is taking over the trade fair, the World Trade Center Miami will remain on board as a strategic partner ...
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News
Dachser warns of potential golden week supply chain disruption
Dachser has warned customers to "start preparing now to minimise potential disruptions" to supply chains ahead of Golden Week in China.The forwarder said that from October 1 to October 7, most businesses and factories in China will be closed for the Golden Week holiday, which takes place during an already ...
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NewsKale appoints chief technology officer
Tribhuwan Negi, Kale Logistics. Source: KaleAir cargo software firm Kale Logistics Solutions has appointed Tribhuwan Negi as chief technology officer as the company looks to develop new artificial intelligence (AI) tools.Negi has nearly 25 years of experience in building "large-scale software as a service platforms and leading global research and ...
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NewsHandler Hactl 'upcycles' old uniforms
Source: HactlHong Kong cargo handler Hactl has upcycled 5,000 old uniforms that would have otherwise ended up in landfill.Polyester fibres from the uniforms were recycled through melt-granulation and other processes into raw plastic granules that were then used to manufacture recyclable plastic cups.The old uniforms were made of durable, waterproof ...
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NewsIAI begins work on first A330-300 freighter conversion
Airbus A330-300. Photo credit: IAIIsrael Aerospace Industries (IAI) has begun work on the first Airbus A330-300 passenger to freighter conversion, following the successful completion of the final design review (FDR).The freighter conversion company said it moved the aircraft into a construction hanger earlier this month. As part of the preparation ...
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NewsOne Air responds to rising demand with third freighter
Source: One AirUK-based freighter carrier One Air has added a third Boeing 747-400 freighter to its fleet as it looks to cater for rising demand between Asia and Europe.The new freighter has joined on a five-year lease from AeroTransCargo and completed its first flight today between Hong Kong and East ...
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NewsPactl upgrades CMS at four terminals in China
Source: HermesCargo handler PACTL has upgraded the Cargo Management System (CMS) used at three of its cargo terminals at Pudong International Airport, as well as its terminal at Shanghai Hongqiao International Airport.The upgrade sees the CMS used upgraded to Hermes 5, which offers Cargo iQ messaging services such as FOW ...
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News
US plans a further crack down on e-commerce imports
The Biden administration last week announced plans to implement stricter rules on e-commerce goods being imported into the country under the de minimis exemption. If implemented, the requirements would mean that any products that are part of the Section 301, Section 201, or Section 232 trade enforcement actions would no ...
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NewsAir Canada swerves strike chaos with new pilot labour agreement
Air Canada Boeing 787-9. Photo: Air Canada Air Canada has reached a tentative, four-year collective agreement with the Air Line Pilots Association (ALPA) trade union that is anticipated to put an end to industrial action plans that threatened cargo operations at the airline. ALPA represents more than ...
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NewsDSV signs deal to takeover DB Schenker and create world's largest forwarder
DSV has confirmed reports that it has signed a deal to take over German logistics giant DB Schenker in a move that will create the world's largest freight forwarder.In an update issued this morning, the Danish forwarder said it had agreed to buy DB Schenker from state-owned railway firm Deutsch ...
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NewsVirgin Cargo appoints ECS Group as Europe GSSA
Photo: Virgin AtlanticVirgin Atlantic Cargo has confirmed the appointment of ECS Group, through its subsidiary TCE, as its new General Sales & Service Agent (GSSA) in continental Europe.Implementation of the deal will start from later this year in a phased approach. Initial representation will cover exports from the Netherlands, Denmark ...
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NewsSwissport steps up shift to electric vehicles
Photo: SwissportFrom January next year Swissport will strengthen its sustainability credentials with a rule stating many types of new vehicles can only be ordered in electric versions.The directive includes vehicles for baggage transport, conveyor belts for loading luggage onto aircraft, mobile staircases for passenger boarding, light & medium forklifts, and ...
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NewsAsia Airfreight Terminal to handle cargo for Fly Khiva in HK
Photo: Asia Airfreight TerminalSATS-owned Asia Airfreight Terminal (AAT) has been selected as the preferred cargo handler for Fly Khiva Group in Hong Kong.Tashkent, Uzbekistan-based cargo carrier Fly Khiva launched its inaugural flight to Hong Kong on August 2.The airline has commenced two weekly flights between Hong Kong and Liège via ...
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Cathay ends Covid financial ties with government
Hong Kong-based Cathay Pacific Airways has completed the buyback of all of the warrants it had issued to the Hong Kong SAR (HKSAR) Government in 2020 as part of its pandemic-induced recapitalisation.The total consideration paid for the warrants buyback was about HK$1.53bn. On July 31, Cathay redeemed the remaining 50% ...