All Business Articles – Page 73
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April cargo boost for Heathrow
CARGO volumes at London's Heathrow Airport rose 4.4 per cent in April over prior year period to 120,194 tonnes, with air freight traffic increasing 26.8 per cent to China, 25.1 per cent to Mexico and 15.8 per cent to Russia.Latest figures from Heathrow Airport Holdings show a 3.2 per cent ...
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Fraport blames strike for cargo drop
CARGO volumes fell by 1.2 per cent to 171,909 tonnes at Frankfurt Airport in April.The slide was due to the strike-related reduction in shipping capacities, as well as the shift of the Easter holidays from March to April 2014, resulting in the cargo business slowing down during the holiday period, ...
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Perishables modal shift fuelled by technology
NEW technology in controlled-atmosphere containers (CAC), such as Maersk Container Industry’s (MCI) Star Cool CA product line, has the potential to further accelerate the modal shift in the transportation of perishables, a report reveals.The technology’s ability to slow down the ripening process potentially opens up ocean transport as a viable ...
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LATAM cargo revenues dip in Q1
LATAM AIRLINES GROUP saw first quarter 2014 air cargo revenues fall 12.5 per cent to around US$406m, as weakened demand saw volumes decline 2.4 per cent and yields fall 10.4 per cent.The combined LAN Airlines and TAM group, which currently operates four B777-200Fs and 11 B767-300Fs, reported that cargo trends ...
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Düsseldorf air cargo up in Q1
CARGO volumes at Düsseldorf Airport climbed five per cent to about 37,000 tonnes in the first quarter of this year.The upward trend continued in April, with tonnage increasing by 14.6 per cent year-on-year, mainly driven by the inauguration of summer flight schedules, notes Thomas Schürmann, the airport’s marketing and sales ...
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B747-8Fs boost Cathay Pacific and Dragonair cargo
CATHAY PACIFIC CARGO and its sister company Dragonair carried 137,444 tonnes of cargo and mail in April, an increase of 11.0 per cent in comparison with the same period last year.The cargo and mail load factor rose by 2.3 percentage points to 63.1 per cent, whilst capacity, measured in available ...
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Alaskan salmon flies south
ALASKA Air Cargo flew 24,100 lbs (11 tonnes) of the season's first shipment of Alaska Copper River salmon to Seattle-Tacoma International Airport."The arrival of the fish-filled B737 marks the start of the summer salmon season and is an annual rite of passage anticipated by seafood lovers throughout the Pacific Northwest," ...
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Don’t be a pharma chameleon
THERE was a time when pharma shipments came in kilo-sized boxes.With a few notable exceptions – Swissair, for example – airlines made no special provisions for these high-yield cargoes other than, perhaps, hand-transferring them during the ramp-to-warehouse-to-truck process. Temperature-control zones didn’t exist 30 or so years ago and widespread pharma ...
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Freighter fleet numbers set to grow
FREIGHTER FLEET numbers look set to grow by 2033 despite the rise in bellyhold cargo capacity, according to a new range of demand forecasts by the specialist aviation consultancy ACMG.According to Seattle-based ACMG, the air freight market will need about 100 new freighters per year over the next twenty years ...
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Otsuka rolls out new inventory software
JAPANESE healthcare company Otsuka has rolled out inventory planning software from supply chain specialist AGR to smooth out its stock control and sales processes – and cut out unnecessary costs.The system manages fluctuating demand and stock levels on a daily basis – and provides real-time information for faster, improved decision-making.“Otsuka ...
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Supply chain transparency is non-negotiable
FULL transparency throughout the whole airfreight supply chain – facilitated by digitised data flow – is the only way to tackle inefficiencies and arrest modal shift, a conference has heard.Whereas integrators have full control over their supply chains and therefore operate efficiently, air cargo does not, because individual supply chain ...
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AirBridge: the new Cargolux?
FORMER Cargolux executive Robert van de Weg will play a vital role in building on the progress and numerous milestones AirBridgeCargo Airlines (ABC) has passed during its enterprising 10-year existence, writes Thelma Etim, deputy editor.As the new senior vice-president of marketing and sales at Russia’s largest freighter airline, van de ...
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Airfreight price index sees April rise
DREWRY'S east-west air freight price index rose 1.5 points in April to 104.3, the second consecutive month of pricing gains and the highest index level since the end of 2013.The index, compiled by Drewry Sea & Air Shipper Insight, represents a weighted average of air freight rates across 21 east-west ...
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A new world order for the air cargo industry
AS MENTIONED in the front-page lead story of this issue, the Middle East carriers have become the leaders of the air cargo world.It has taken a few years to get there, but suddenly most of the signs are pointing in the direction of the sands of the Arabian Gulf.A new ...
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One Question
Denis Ilin, executive president, AirBridgeCargo Airlines (ABC), answers:"LOOKING BACK 10 years ago to today, [our] Customs [authority] is much better. It used to take 8-12 hours for import cargo to be cleared by Customs and then released to the client.‘Now it takes about three hours and, for special cargo, such ...
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Etihad steps nearer to Alitalia equity stake
ETIHAD AIRWAYS is moving closer to signing a strategic alliance with Alitalia of Italy.The UAE flag carrier confirmed that it will forward a letter detailing the conditions and criteria for a proposed equity investment by Etihad that have been negotiated with Alitalia and its stakeholders in recent months.Once the Alitalia ...
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WorldACD sees positive start to 2014
WorldACD, the Amsterdam-based air cargo market data specialist, reports that April 2014 showed a volume growth of 6.3% year-over-year, a little below the 6.8% growth in the first quarter.“When we look at our April figures, we can only conclude that the positive trend continues”, said Gerard de Wit, managing director ...
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WFS signs Nairobi fresh produce terminal deal
GROUND handler Worldwide Flight Services (WFS) has signed a partnership agreement with Transglobal Cargo Centre in Kenya to take over the full management, operation and business development of its modern fresh produce and cargo terminal at Nairobi’s Jomo Kenyatta International Airport.The entity will operate under the Africa Flight Services (AFS) ...
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Another Atlas Air B747-400 freighter for DHL
AIRCRAFT leasing company Atlas Air Worldwide Holdings has placed an additional B747-400 freighter with DHL Express.ACMI services under the new agreement will provide additional intercontinental capacity for DHL Express from Asia commencing this month.“We are delighted to expand our long-standing relationship with DHL and to support the strong growth of ...
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Air New Zealand wins legal costs
AIR NEW ZEALAND has been awarded NZ$3.2 million towards its legal costs by the Federal Court in Australia as part of the settlement in an air cargo market class action.The class action, alleging anti-competitive conduct by several airlines in setting cargo rates and surcharges, was brought in 2007, claiming damages ...