All Top Story articles – Page 89
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NewsQatar Cargo hopes to benefit from additional China flights
Source: Qatar Airways CargoQatar Airways Cargo is hoping to capitalise on extra bellyhold capacity to two new destinations in China.The airline's passenger business has started flying three-times-per week to Chengdu (TFU) and Chongqing (CKG) with its Airbus A330-300 aircraft.Both Chongqing and Chengdu stations will primarily operate as export-oriented markets, jointly ...
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NewsAir-ocean price difference far above pre-pandemic levels
The cost difference between air and ocean is now above pre-pandemic levels as ocean rates have rapidly declined.The latest figures from consultant Drewry Supply Chain Advisors show that airfreight now costs 16.7 times more than seafreight.Before the pandemic, airfreight typically cost around 13 times more than ocean transport.During the pandemic ...
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NewsUPS goes electric at East Midlands Airport
Artistic rendering of the autonomous electric cargo vehicle. Source: UPS/ AurrigoUPS and transport technology provider Aurrigo have announced a collaborative project to deploy an autonomous electric vehicle designed to move heavy cargo loads to and from aircraft at the UPS hub within East Midlands Airport.The "Auto-Cargo" vehicle can transport a ...
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NewsPacific Air Cargo joins Airblox
Photo: Pacific Air CargoUS airline Pacific Air Cargo has placed its capacity on digital air cargo capacity exchange Airblox.Pacific Air Cargo provides Boeing 747-400 freighter flights between Los Angeles and Honolulu six days a week, as well as weekly services to locations including Pago Pago, American Samoa and Guam, as ...
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DB Schenker to be sold as a complete unit and not split up
Deutsche Bahn will sell its logistics business, DB Schenker, as a complete unit rather than splitting it up into smaller units.Air Cargo News sister title DVZ reported that the Deutsche Bahn supervisory board was this week told that after months of examining various options, a complete sale was the most ...
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NewsDHL Express unveils mobile charging carts for ground support equipment
Source: DHL ExpressDHL Express has unveiled a mobile charging cart that can be used to recharge electric ground support equipment.The express firm has invested around $10m in the mobile charging technology that will be rolled out at select US airports."Mobile charging technology is a significant step forward in DHL’s commitment ...
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NewsLufthansa Cargo expands A321F network in Europe
Lufthansa Cargo freighter. Photo: Lufthansa CargoLufthansa Cargo is expanding its A321F network in Europe with the introduction of Helsinki, and additional capacity from Copenhagen.On September 28, Lufthansa Cargo will start operating from Helsinki to Copenhagen once a week.The airline said it will also add a second frequency a week from ...
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WestJet Cargo continues expansion with new cargo route
Canadian airline WestJet Cargo has launched a new cargo route to Havana, Cuba, the carrier's first venture into the Cuban capital.Calgary-headquartered WestJet Cargo is operating one weekly Boeing 737-800 freighter flight from Toronto Pearson International Airport to José Martí International Airport in Havana, Cuba.The airline offers 20 tonnes cargo capacity ...
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Cainiao files for IPO on the Hong Kong Stock Exchange
E-commerce giant Alibaba will list its logistics business Cainiao on the Hong Kong Stock Exchange in an IPO that could raise as much as $1bn.On Tuesday, Alibaba submitted its application to list its logistics business on the stock exchange, although the financial terms and size of the offering were not ...
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NewsNorse Atlantic Airways and Chapman Freeborn place capacity on WebCargo
Source: FreightosNorwegian carrier Norse Atlantic Airways and air charter specialist Chapman Freeborn have placed their capacity on air cargo booking platform WebCargo by Freightos to enable real-time booking by forwarders.The partnership means forwarders will have access to instant eBooking and payment options on WebCargo for Norse Atlantic flights to and ...
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Nippon Cargo Airlines takeover delayed
The transfer of freighter operator Nippon Cargo Airlines (NCA) from logistics group NYK to All Nippon Airways (ANA) has been delayed until next year.In an investor note, shipping group NYK said that the transfer of shares had been moved back from October 1 to February 1 next year.Explaining the move, ...
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NewsWFS trials autonomous forklifts for cargo
Source: WFSWorldwide Flight Services (WFS) is trialling the use of Autonomous Guided Vehicle (AGV) forklifts in its cargo terminal at Barcelona Airport.The trial of Linde AGV forklift trucks will last for seven months and, if successful, will see this technology rolled out across other WFS stations in the Europe, Middle ...
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Ex-Etihad Cargo boss Drew scoops Atlas Air role
Ex-Etihad Cargo boss Martin Drew has been appointed as Atlas Air Worldwide chief strategy and transformation officer.Drew started in his new role this week and will lead the company’s corporate strategy, including its transformational growth initiatives.As part of this role, he will drive strategic growth and diversification across Atlas’ services, ...
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Another set of "exceptional" results for freighter operator Magma Aviation
Magma Aviation enjoyed another set of "exceptional results" in 2022 although it warned a deteriorating air cargo market would hit performance this year.The freighter operator reported record sales of $476.7m last year, an increase of 26% on 2021 levels, inflated by higher fuel prices.Operating profits were down 5.5% to $49.6m ...
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NewsPledge's Freight Emissions Calculator gains traction
Freight calculator. Source: PledgeLogistics climate-tech company Pledge has integrated its Freight Emissions Calculator on the website of WCAworld, the logistics network for independent freight forwarders.The initiative is part of the network’s ECO Programme, which aims to support forwarder members in their journey to comply with new sustainability regulations.The calculator allows ...
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Air Canada drops plans to add 777 freighters
Air Canada has cancelled an order for two newbuild Boeing 777 freighters that were due to enter service next year.The carrier ordered the cargo aircraft in August 2022, but has now decided to redirect spending on these freighters to passenger aircraft.In a press release on September 25, the airline said ...
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More signs of a 'firmer' air cargo market
There were further signs that the air cargo market was firming up last week after more than a year of demand declines.The latest weekly figures from data provider TAC Index show that the overall BAI airfreight rate index last week increased by 4.8% on the previous seven days.Meanwhile, the year-on-year ...
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Air Cargo News Awards – Last chance to book!
There are now just two weeks to go until the Air Cargo News Awards take place, and few tickets left!This year’s exclusive awards, now in their 39th year, take place in the UK at the Hilton London Syon Park near Heathrow Airport on Thursday, October 12.The event includes a drink ...
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NewsForwarders team up on elephant flight
Source: WCAworldWorld Air Logistics and Worldlink Shipping Colombo recently teamed up to transport a large Thai elephant to Thailand.The elephant was flown from Colombo in Sri Lanka to Chaing Mai in Thailand and is set to be certified by Guinness World Records as the largest elephant flown onboard an aircraft.The ...
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SAL Saudi Logistics Services announces IPO
Saudi Arabian cargo handling and logistics firm SAL Saudi Logistics Services has announced an initial public offering (IPO).SAL Saudi Logistics is 70% owned by Saudi Arabia-headquartered airline Saudia (Saudi Arabian Airlines Corporation) and 30% by Tarabot Air Cargo Services."The offering will consist of 24,000,000 ordinary shares representing 30% of the ...