All Business Articles – Page 70
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Ménage a trois for Delta
Delta Cargo is to co-locate with Air France-KLM at Paris Charles de Gaulle (CDG) airport.The move brings all three Skyteam Cargo alliance members under one roof and will improve efficiency, said the US carrier. It would also offer more frequent routing options with the benefits of a broader joint network.Delta ...
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DHL Shanghai’s cool chain investment
DHL Global Forwarding has opened a RMB115m (€16m) expansion of its Shanghai air freight terminal, including a new warehouse and 1,600 sq m of cold storage for life sciences and healthcare customers.The logistics arm of Deutsche Post DHL says that its new Shanghai air freight centre has been developed on ...
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Dentressangle extends HK consolidations to the UK
Norbert Dentressangle is extending its Hong Kong air cargo consolidations to the UK, following the launch of a similar service to Paris.With cargo space on flights from China and Hong Kong at a premium in the weeks and months leading up to the Chinese New Year, the freight forwarder will ...
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Saudi freight blooms as Kenya trade flowers
Heightened seasonal demand for Kenyan flowers will see Saudia Cargo boost its freighter capacity from Nairobi to Amsterdam during February by at least six additional B747F flights.The 25 per cent boost on the Africa to Europe route equates to an extra 3,000 tons for the month, supplementing the Middle East ...
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IAG Cargo to offer all-in freight rates
IAG Cargo is joining the all-in freight rates club, following the lead set by Emirates SkyCargo and Qatar Airways.A spokesman for the cargo arm of British Airways and Iberia said that it will remove the fuel surcharge and exceptional handling charges “to offer a simpler pricing structure”.He added that the ...
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Is that email really from IATA?
The problem of fraudulent IATA emails has resurfaced again, reports the British International Freight Association.Criminals send emails seeking payment for products, services, or other outstanding amounts due, often using names similar or identical to those of IATA officials.Worryingly, says BIFA, the fraudsters now seem to have mastered the art of ...
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Dachser keeps it in the family
European logistics company Dachser has become a Societas Europaea (SE) – a modern, pan-European company structure – but insists that it will remain a family-owned firm and is not planning to list on the stock market.Dachser spokesman Christian Weber said: “Dachser is and will be a 100 per cent family-owned ...
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APL deal gives Kintetsu global clout
Japanese-owned forwarder Kintetsu World Express (KWE) said its planned acquisition of APL Logistics (APLL) from Singapore-based NOL Group would allow it to combine its air and sea freight expertise with APLL’s logistics and value-added services.It would also give it a management base that can compete on a par with European ...
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Japanese post office swoops for Toll
Toll Holdings, Australia’s largest international logistics company, is to be sold to the Japanese post office in a deal worth A$8bn.The announcement came the day after another giant of the Japanese freight industry, Kintetsu World Express, said that it was buying APL Logistics from Singapore-based shipping operator NOL Group.Toll will ...
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CASS cashes in
The Cargo Account Settlement Systems (CASS) airfreight payment scheme hit a record number of transactions in 2014.CASS, operated by IATA, improved on its 2013 figure by 3.6 per cent to reach 18.2m transactions during the year, as against 17.6m in 2013. November also saw the highest ever single month with ...
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Africa: The view of UPS
Q: How have UPS’ operations changed on the African continent over the past two years?A: Connecting with African-domiciled customers is a key to growth, so [we] have been focusing more on the needs of the African customer, both from an export and import perspective. Approaching the African mar-ketplace in this ...
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Etihad: Expanding on all fronts
To talk to Etihad is to be taken back to the golden age of air cargo - a time of double digit growth, expanding freighter fleets and new belly cargo routes. Once, all air cargo was like this.Full year figures were not yet published at time of writing, but based ...
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Southern Air gets a stablemate
Worldwide Air Logistics Group – owner of Kentucky-based all-cargo carrier Southern Air – is to buy a second freighter operator, Florida West International Airways.It said that acquiring the Miami-based carrier heralded a push into the ACMI (aircraft, crew, maintenance and insurance) sector of the US air cargo market.Florida West is ...
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Overcapacity costs IAG Cargo
IAG CARGO suffered a revenue slump of nearly 12 per cent last year, in a business generally blighted by market shrinkage, over-capacity and unfavourable currency fluctuations.The merged entity of British Airways and Iberia saw cargo-tonne-kilometres [CTKs] drop by seven per cent in the period, as a big imbalance in supply ...
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United launches Control Tower for temperature control
UNITED Airlines Cargo [UAC] has launched Control Tower to run the rule over its growing temperature-sensitive shipments business.It features a highly-trained team of dedicated specialists who provide the carrier’s TempControl product customers with a single point of contact through all phases of their shipments’ lifecycle.Located at UAC’s customer contact center ...
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Bright start to year says IATA
JANUARY produced a strong rise in global airfreight growth compared to the dep-ressed state of affairs of a year before, IATA statistics reveal.Global freight-tonne-kilometers (FTKs) increased by an encouraging 4.5 per cent in the month compared to January 2013.“This is a significant acceleration on the 2.2 per cent year-on-year growth ...
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Acrobatics with acronyms
AIR CARGO job titles used to be pleasingly uncomplicated and therefore easy to understand. Rarely did they succumb to the world of acronyms.Unfortunately, even though many aspects of this business grow infuriatingly complex by the day, some organisations are now intent on introducing further obfuscation by creating lofty-sounding positions with ...
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CHEP acquires Airworld
ULD repair specialist CHEP Aerospace Solutions has acquired Airworld Services and Airworld Containers, a unit load device maintenance organisation (MRO), with facilities at London Heathrow, London Gatwick, Manchester and East Midlands airports in the UK.The transaction increases the number of CHEP-owned MRO facilities to 29 stations worldwide.Airworld employs 86 staff ...
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Record year for Etihad
ETIHAD AIRWAYS enjoyed a record financial performance last year, with net profit up 48 per cent to US$62 million on revenues up 27 per cent to US$6.1 billion.2013 also saw earnings before interest and tax (EBIT) up 22 per cent to US$208 million and earnings before interest, tax, depreciation, amortisation ...
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Swissport revenues up
GROUND handler Swissport International achieved revenues of US$2.39 billion in 2013, an 11 per cent increase, in a year that could be characterised by recovering cargo markets, the company says.Swissport grew ahead of the market and was able to increase its airfreight tonnage by 18.4 per cent, reflecting the recovery ...