All Top Story articles – Page 39
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NewsIATA raises outlook for airline cargo revenues and volumes
IATA has raised its outlook for airlines' cargo revenues and volumes for 2024 after demand and rates have performed better than expected.The airline association said it now expected cargo revenues for the year to be $120bn compared with its previous December forecast of $111bn.Cargo volumes in cargo tonne km terms ...
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Aeroprime appointed GSSA for Cambodia Angkor Air
India-based Aeroprime Group has been appointed as the exclusive Cargo General Sales and Service Agent (GSSA) for Cambodia Angkor Air, the flag carrier of Cambodia.Currently, the airline's fleet comprises A320, A321, and ATR aircraft, serving over 11 destinations across Cambodia, China, Laos, Singapore and Vietnam.Starting June 16, Cambodia Angkor Airlines ...
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NewsUS customs crackdown on e-commerce yet to impact freighter capacity
A US Customs and Border Protection (CBP) crackdown on e-commerce shipments into the US over recent weeks has yet to impact freighter flight numbers into North America.Late last week, CBP announced it had suspended "multiple customs brokers" from its Entry Type 86 Test programme that covers the duty-free import of ...
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TIACA joins forces with ACI on cargo safety and sustainability
The International Air Cargo Association (TIACA) and Airports Council International (ACI) have signed a memorandum of understanding (MoU) to improve the overall level of safety, efficiency and sustainability of cargo operations within the airport ecosystem.The MoU will focus on the development of joint advocacy programmes in the context of ICAO ...
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NewsChina-Latam air cargo capacity under pressure
Capacity on the China-Latin America trade has been coming under pressure due to soaring demand and the trend is expected to continue into the peak season. A market analysis from Xeneta airfreight analyst Wenwen Zhang shows that air cargo spot rates from China to Latin America have ...
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Deutsche Bahn selects the final four DB Schenker bidders
Deutsche Bahn has narrowed the number of potential buyers of freight forwarding subsidiary DB Schenker down to four bidders that have now been invited to make binding offers.According to Reuters, the German rail giant has selected Maersk, DSV, Saudi shipping company Bahri and a private equity consortium led by CVC.Deutsche ...
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NewsNew chief executive for Jettainer
Photo: JettainerLufthansa Cargo-owned ULD management company Jettainer has appointed Jan-Wilhelm Breithaupt as chief executive, effective from June 1.Breithaupt holds a doctorate in production logistics and has been driving industry-wide digital transformation projects and process improvement initiatives for more than 20 years.He has held various positions within the Lufthansa Group and ...
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InsightsAir cargo rates and volumes continue to soar in May
Airfreight rates continued to rise in May while demand also continued to beat last year's levels.The Baltic Exchange Airfreight Index (BAI) shows that in May rates from Hong Kong to North America increased 9.1% year on year to $5.53 per kg.From Hong Kong to Europe rates paid by forwarders are ...
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InsightsRoad feeder providers rally around demand
Road feeder services heavyweights Wallenborn and Jan de Rijk discuss how air cargo market trends are impacting the sector and why e-commerce has its drawbacks.2024 has so far delivered a remarkably different air cargo market to last year, but the key question for road feeder services (RFS) providers is does ...
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InsightsFAA grants Amazon permission to fly drones beyond line of sight
Source: Amazon The US Federal Aviation Administration (FAA) has given Amazon permission to operate parcel delivery drones beyond the visual line of sight (BVLOS). Until now e-commerce giant Amazon’s drone operations in the US have been limited to being in line of sight, meaning they need to ...
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InterviewsE-commerce propels Hong Kong Air Cargo
E-commerce is thriving and serving as a growth accelerator for Hong Kong Air Cargo. Airlines are seeing their e-commerce business boom as shippers invest in airfreight services for customers keen to receive goods faster than ever. McKinsey recently said that the percentage of e-commerce of overall air cargo volumes had ...
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Insights
Putzger Perspective: Air cargo’s Mexican wave
In May, Lufthansa Cargo announced plans to expand its footprint in Mexico the following month with the addition of Monterrey to its network, serving the airport once a week with a Boeing 777 freighter in tandem with Felipe Angeles airport (AIFA), the designated freighter gateway for the nation’s capital. Other ...
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Interviews50 years of trailblazing for Quick Cargo Service
After 50 years in freight forwarding, Quick Cargo Service (QCS) shows that that mid-sized forwarders can still be trailblazers. It wasn’t an auspicious start for Quick Cargo Service (QCS) in 1974. Company founder Dieter Haltmayer, until recently head of cargo sales in Germany for Air Canada, had declined an offer ...
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NewsAtlas to focus on widebodies as it reworks Amazon partnership
Photo: Atlas Air New York state-based lessor and cargo airline Atlas Air will end domestic US Boeing 737 and 767 CMI (Crew, Maintenance, and Insurance) services with e-commerce giant Amazon next year. Atlas Air Worldwide said in a statement that the decision falls in line with its ...
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Ex-Polar Air Cargo chief operating officer jailed for fraud
Former Polar Air Cargo chief operating officer Lars Winkelbauer has been sentenced to four years in prison for his alleged part in a scheme to defraud the airline of more than $32m in revenue.Winkelbauer previously pled guilty to conspiracy to commit wire fraud and money laundering, said the US Attorney’s ...
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NewsLATAM transports modular housing following Brazil floods
Source: ACNUR via LATAM LATAM Cargo has been flying aid to Brazil to help people affected by floods in Rio Grande do Sul. The carrier’s Boeing 767 freighters have helped carry 142 tons of donations to the region in southern Brazil since May 4 when heavy rainfall ...
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NewsSilk Way West appoints Pietersma as COO
Onno Pietersma. Source: Silk Way West AirlinesSilk Way West Airlines has appointed Onno Pietersma as its new chief operating officer as the airline expands operations.The Baku-hubbed carrier said that Pietersma will "champion critical initiatives designed to enhance the stability and reliability of the expanding Silk Way West Airlines' operations. These ...
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NewsAir Partner flies Gaza aid
Source: Air PartnerCharter broker Air Partner has completed a cargo operation to transport hundreds of tonnes of humanitarian aid to Gaza.The company arranged three Boeing 747-400 freighter flights, each carrying around 85-90 tonnes of aid, including temporary shelters.Two of the flights took off from Liege airport in Belgium and the ...
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NewsEmirates SkyCargo rolls out new training programme
Source: Emirates SkyCargoEmirates SkyCargo has rolled out a new training programme that aims to tackle workforce shortages by helping employees advance their career.The training sees 32 members of staff take part in a 15-day programme that includes six sessions, focussed on proactive preparation and strategic optimisation of current and future ...
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WestJet Cargo banks on new belly routes
WestJet Cargo aims to build its business off the back of belly capacity that is being offered on three new WestJet routes to Chicago (ORD), Moncton (YQM) and Incheon (ICN) as part of the airline’s summer schedule. The Chicago route was opened for cargo sales on May 16, connecting Calgary ...