All Top Story articles – Page 19
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NewsReports: DSV set to win the race to buy DB Schenker
DSV has reportedly won the race to purchase DB Schenker in a $14bn deal that would create the world's largest freight forwarder.Newswire Reuters said that the Danish forwarder had beaten off competition from a CVC-led private equity consortium to buy Schenker, with the deal to be signed off in the ...
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DHL Express adds capacity for Q4 peak
DHL Express is investing over €100m in transport and handling capacity to meet expected demand during the fourth quarter peak season.Investment in aviation capacity in the fourth quarter of 2024 includes the introduction of additional large and medium widebody aircraft and supplementary flights with existing aircraft, particularly on intercontinental routes, ...
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Lufthansa Cargo expands to the transpacific as capacity crunch looms
Lufthansa Cargo is launching its first direct service from Asia to the US as market demand from the region continues to surge.The carrier today announced it would add a new Boeing 777 freighter service operating with a loop of Frankfurt, Ho Chi Minh, Los Angeles International and Frankfurt.It will also ...
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NewsGovernment urged to act on "alarming" Air Canada strike threat
A group of business organisations have urged Canada’s federal government to take action to avoid an Air Canada strike that would hit cargo operations and “significantly disrupt Canada’s supply chain”. In a letter to Steven MacKinnon, Minister of Labour and Seniors, the organisations said that the potential for labour disruption ...
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NewsE-commerce fuelled capacity crunch to continue
Air cargo looks set to continue its precedent-setting volume growth driven by booming e-commerce and have a long-term bright future despite a looming capacity crunch, a keynote speaker at the EU Cross-Border E-commerce Forum, held in Liege, Belgium on September 10, said.“We had eight straight months of double-digit growth,” Ryan ...
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NewsAir Charter Service arranges complex AN-124 charter
Source: Air Charter Service (ACS)Air Charter Service (ACS) recently arranged the delivery of two aftercoolers, weighing almost 50 tons each, from Italy to an offshore oil platform that was being constructed in Indonesia.The charter company used an Antonov 124 freighter due to the heavy weight of the shipment. The aftercoolers ...
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Swissport is certified for pharma in Madrid and Barcelona
Swissport's cargo centers in Madrid (MAD) and Barcelona (BCN) have achieved Good Distribution Practice (GDP) certification for pharmaceutical handling.The ground handler said in a LinkedIn post today that the certification would strengthen its pharmaceutical logistics business."This certification highlights our commitment to the safe handling, storage, and transportation of medicines and ...
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Cathay Cargo continues product update with courier upgrade
Cathay Cargo has added piece-level tracking to its express courier service as the airline continues to update its service offering.The airline said that the updated Cathay Courier service included track-and-trace options during the transportation of shipments, which made it ideal for high-value or bespoke e-commerce shipments, personal items and documents.The ...
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NewsLATAM Cargo triples flights at Brussels Airport
Photo: Brussels Airport LATAM Cargo will next month triple the number of flights it carries out to Brussels Airport to boost transport of perishables and pharmaceuticals. Santiago, Chile-headquartered LATAM Cargo has been operating to Brussels Airport with four flights a week since March 2023, but will up ...
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Menzies expands in Africa with latest cargo facility
Ground handler Menzies Aviation has expanded its presence in Africa with the opening of a new cargo facility at Maputo International Airport (MPM) in Mozambique.Menzies Aviation has been operational at MPM since 2018, operating as National Aviation Services until 2022 and providing two lounges.The new facility means that Menzies can ...
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NewsPenseel joins Maastricht Aachen Airport board
Peter Penseel. Photo: DeltaDelta Airlines cargo president Peter Penseel has joined Maastricht Aachen Airport's (MST) new supervisory board.Penseel brings over 30 years of experience in airfreight, including senior roles at Qatar Airways, DHL Global Forwarding, UTi, and CEVA Logistics.“Maastricht Airport is looking to the future with a new chief executive, ...
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NewsUPS grows healthcare logistics capabilities with acquisitions
Photo: UPS UPS has struck a deal to grow its healthcare logistics capabilities with the acquisition of Germany-based Frigo-Trans and its sister company BPL. Once completed, the acquisitions will boost end-to-end temperature-sensitive and time-critical logistics services throughout Europe, said the US-headquartered company. “The fast-paced innovation in the ...
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NewsCainaio to add more e-commerce logistics hubs
Wan Lin, Cainiao. Source: CainiaoAlibaba-owned Cainiao Group has revealed plans to add more global e-commerce logistics hubs (e-Hubs) that are likely to boost air cargo volumes at the chosen sites.The e-commerce logistics giant said that the new facilities would create a shared infrastructure "that supports all e-commerce platforms, merchants, and ...
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NewsAerios charter management app launches
Simon Watson. Photo: AeriosAir cargo charter software company Aerios has released a charter management system app that organises data to create efficiencies and maximise revenue.The CargoTech member's charter management system integrates with flight operations, CRM and communication systems to create a single digital workflow and is designed to increase efficiency ...
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NewsFraport sells stake in Delhi Airport
Delhi Airport. Photo: FraportFrankfurt Airport operator Fraport is selling its 10% stake in Delhi International Airport Limited (DIAL) to majority owner GMR Airports Infrastructure Limited (GIL) for $126m.The agreement for the sale of the joint venture that operates Delhi (Indira Gandhi International) Airport (DEL) was signed on September 9.Fraport chief ...
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NewsDHL points to a difficult Q4 as more figures confirm a bumper August for air cargo
Source: Supakitswn/ shutterstock.comDHL Global Forwarding's latest market outlook has highlighted a difficult end to the year, while figures from WorldACD show buoyant market conditions continued in August.The forwarder's State of the Industry report looks at the potential impact of demand, capacity, rates, economic growth and service disruption in the fourth ...
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Chicago RFD takes aim at pharma volumes from India
Chicago Rockford International (RFD) is targetting further growth in the pharma trade from India after recently welcoming its first shipment of the type from the country. The first shipment was undertaken by India-based pharma specialist forwarder Penta Freight India on behalf of a pharma company based in the country. The ...
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NewsAir Canada expects cargo disruption with any strike shutdown
Image: Celian Genier/Air Canada. Source: Air CanadaAir Canada today said that cargo operations are under threat as it is "finalising contingency plans to suspend most of its operations" in the face of possible industrial action.The airline said that unless a pay agreement is reached with the Air Line Pilots Association ...
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NewsNeel Jones Shah leaves Flexport
Neel Jones Shah has left freight forwarder Flexport to focus on other business interests and travelling.Jones Shah has worked for the forwarder for almost eight years as it initially expanded rapidly but has more recently faced financial difficulties.His roles at the forwarder include global head of airfreight between 2017 and ...
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Challenge Group gains IATA CEIV lithium battery certification
Challenge Group has gained the International Air Transport Association's (IATA) CEIV lithium battery certification as pressure grows on the air cargo industry to improve the safety record of lithium battery transportation.The certification follows six months of preparation, training and strict auditing and adds to the existing IATA CEIV Pharma and ...