Business – Page 75
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NewsDSV Panalpina to provide e-commerce logistics for Marimekko
DSV Panalpina has signed a partnership with Finnish fashion brand Marimekko.As part of the partnership, from 2020, Marimekko’s warehouse operations will be moved to DSV Panalpina’s new warehouse in Vantaa, Finland.The new warehouse set-up will support Marimekko sales – including wholesale, stores, local and global retail and e-commerce.DSV and Marimekko ...
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IATA launches audit certification for general cargo
Air transport association IATA has launched an initiative to reduce audit complexity and duplication for cargo handling facilities, in the same way that its CEIV progamme has for specialist cargo.It is estimated 360,000 days per year are wasted on redundant cargo handling audits. A new Smart Facility Operational Capacity Audit ...
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NewsAir Partner plc acquires Redline Worldwide
Global aviation services group Air Partner plc has acquired Redline Worldwide Ltd, a leading global aviation security solutions and training company.Established in 2006, Redline delivers government-standard security training and solutions to international airports, airlines and aviation sector related companies, critical national infrastructure, stadia and event managers, and corporates.Employing 100 people, ...
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TIACA offers reduced rate to start-ups and signs deal with NAP
TIACA is introducing a separate category for small, medium and start-up companies allowing them to become full members at a reduced rate.The International Air Cargo Association will work on initiatives “with members from sectors which are new and unique but very crucial to the future of our industry. Companies in ...
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IATA: Air cargo set to return to growth in 2020
Airline association IATA has predicted that the cargo sector will return to growth next year, while airlines are also expected to improve their profitability.In its annual outlook, IATA said that freight volumes are expected to increase by 2% year on year in 2020 to reach 62.4m tonnes following on from ...
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NewsKerry Logistics wins Junzi Corporation award for business ethics
Kerry Logistics has received the Junzi Corporation Award for Business Ethics from the Hang Seng University of Hong Kong (HSUHK).The award recognises the company's practises to the highest standards of business ethics.Kerry Logistics operates "with integrity, transparency and accountability", and has committed itself to serving the community by leveraging its ...
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Asia-Europe air cargo rates close in on 2018 levels in November
Airfreight rates on the Asia-Europe trade closed in on 2018 levels in November, but transpacific prices for the month still lag behind a year ago.The latest figures from TAC Index show that in November rates on services from Hong Kong to Europe declined by 3.3% year on year to $3.26 ...
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NewsSovereign Speed enters airfreight market with Businesswings acquisition
Time-sensitive trucking firm Sovereign Speed has expanded into the airfreight market thanks to its acquisition of German Kassel-based airline Businesswings.The acquisition means that Sovereign Group is now able to offer its customers all forms of urgent transport, from direct journeys to overnight transport, via its own express network or aircraft ...
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Air France KLM confirms it will no longer acquire Virgin Atlantic stake
Air France-KLM has confirmed it has scrapped plans to acquire a 31% stake Virgin Atlantic following the US Department of Transportation's (DOT) approval of an alliance the carriers plan to launch.The two carrier's plan to team up with Delta Air Lines to form an alliance on the transatlantic trade and ...
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NewsAirfreight leaders unveil first-ever A4E Air Cargo Policy Manifesto
Yestesrday at A4E’s (Airlines for Europe) Air Cargo: Europe’s Bridge to the Global Economy event in Brussels, Europe’s leading airfreight chief executives unveiled the first ever A4E Air Cargo Policy Manifesto.The manifesto outlines ways that European Union (EU) policymakers, up to the year 2024, can support air cargo carriers as ...
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NewsAtlanta Dachser receives IATA CEIV Pharma certification
Logistics company Dachser has achieved IATA CEIV Pharma certification for four of its locations: Frankfurt, Germany; Mumbai and Hyderabad, India; and most recently Atlanta, US.IATA CEIV-certified companies meet the global standards and demonstrate the best practices in the handling of pharmaceutical products throughout the supply chain. These standards include European ...
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NewsIATA: Peak season off to a disappointing start
It's a slow start for peak season, but key market drivers show signs of stabilising, IATA has reported in its October airfreight market analysis report.Despite peak season being dominated by consumer-led holidays that impact the airfreight market – such as Singles Day, Black Friday, Cyber Monday and Christmas – October ...
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NewsDHL: Globalization is evolving not declining
DHL Global Connectedness Index 2019The world continues to be highly globalised despite headwinds in geopolitics and trade.The latest DHL Global Connectedness Index, which was put together by DHL and the NYU Stern School of Business, dipped slightly in 2018 but despite this the company says the world is seeing an ...
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Four more airports sign declaration against illegal animal trafficking
Four airports – Hong Kong International Airport, Munich International Airport, Sydney Airport and Toronto Pearson International Airport – have joined the fight against illegal wildlife trafficking by signing the United for Wildlife (UFW) Transport Taskforce Buckingham Palace Declaration.The illegal wildlife trade is, according to the United Nations, worth up to ...
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Hong Kong carriers under pressure
Cathay Pacific and Hong Kong Airlines are both facing pressure, with the latter facing the prospect of being wound up by authorities.Earlier this week, Hong Kong's Air Transport Licensing Authority (ATLA) issued an ultimatum to Hong Kong Airlines, saying it must secure a cash injection and raise and maintain its ...
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LATAM signs codeshare with Delta in shift away from American
South American carrier LATAM Airlines Group has signed new codeshare agreements with pending-equity owner Delta Air Lines and announced plans to discontinue its codeshare deal with American Airlines on 31 January 2020.The news from Santiago-based LATAM comes as that carrier progresses with a plan to align closely with Delta.News broke ...
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NewsGeodis appoints new EVP legal and insurance
Albertine Hanin has been appointed executive vice president, group legal and insurance, at Geodis.She becomes a member of the group’s management board and reports directly to cheif executive Marie-Christine Lombard.Hanin joined a Geodis subsidiary in 1998 and in 2002 moved to the group’s corporate legal department as legal manager. She ...
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Aeroflot's cargo revenue rises in Q3
Aeroflot saw cargo revenue rise by 6% to RUB 13,613m for the first nine months of the year compared with the same period last year. Cargo and mail volumes grew by 4.6%.Overall for the period to the end of September 2019, Aeroflot Group’s revenue increased by 12.4% year-on-year to RUB ...
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NewsDHL Global Trade Barometer depicts weak three-month outlook
Global air trade has been reduced by three points to a new index volume of 45, the DHL Global Trade Barometer (GTB) has reported. It also predicted a further contraction in overall global trade for the next three months."Global trade continues to lose momentum, albeit mildly," the report stated. "Against ...
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NewsAir cargo volumes down again in October
The latest figures from analyst WorldACD show that cargo volumes declined on a year earlier for the twelfth month in a row in October.WorldACD said the industry as a whole saw total chargeable weight decline by 5% year on year during the month, with general cargo slipping by 8.2% on ...