Business – Page 77
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News
Lufthansa prepares for two days of cabin crew strikes
The Independent Flight Attendants Organization (UFO) has announced that its Lufthansa members are participating in full-day strikes this week (November 7-8) .Although passenger flights will be affected, thereby disrupting bellyhold operations, Lufthansa Cargo freighters will fly as planned, subsidiary time:matters said in a statement.On Thursday, 7 November, 2,300 of the ...
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CHAMP reveals details of project to monitor animal health during transport
Animal transportation is not the first thing you associate with air cargo software firm CHAMP Cargo Systems.However, in September of this year, the company joined the Animal Transport Association.At the Air Cargo Americas event, Fred Werginz, head of commercial operations – Americas, explained that the membership is part of an ...
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Lufthansa Cargo re-launches MIA freighter service
For the first time in more than 25 years, Lufthansa Cargo will be flying a freighter service to Miami International Airport (MIA).The freighter service will fly weekly from Frankfurt to Miami, utilising B777 aircraft.MIA said Germany is a "highly-valued European trade partner"; last year, imports and exports between the two ...
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PayCargo: Air cargo firms must modernise to be relevant to the next generation
Air cargo companies must modernise if they want to appeal to the next generation of business leaders and avoid becoming obsolete, according to one PayCargo executive.Speaking to Air Cargo News at the Air Cargo Americas event, the payment system’s president and chief executive, Americas, Lionel van der Walt, used the ...
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EgyptAir Cargo streamlines air mail with digital Descartes solution
Descartes Systems Group, which provides software for logistics-led businesses, has announced that EgyptAir Cargo is using its Descartes Velocity Mail (vMail) solution to streamline its air mail distribution.vMail is a cloud-based system that simplifies operational processes and improves efficiency for air carriers, ground handlers and postal authorities.vMail enables mail handlers ...
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NewsNippon Cargo Airlines to host cargo capacity on cargo.one platform
In a move towards digitisation, Nippon Cargo Airlines (NCA) will become the first Asian airline to partner with cargo.one to enable freight forwarders to book NCA’s maindeck capacities, around the clock, and receive instant confirmation.Also, for the first time, cargo.one will be utilising the newly-developed 'one.connect', further simplifying its integration ...
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DHL Hong Kong Air Trade Leading Index publishes Q4 results
The fourth quarter DHL Hong Kong Air Trade Leading Index (DTI) recorded a drop of 7.7 points from last quarter, down to 26 points.Sales volumes dropped by 9 points in the fourth quarter, from 32 points last quarter to 23 points this quarter.Meanwhile, product variety index fell from 40 points ...
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Volga-Dnepr confirms capacity-increasing An-124 upgrade
Volga-Dnepr has confirmed the upgrade of one of its An-124 aircraft to increase capacity.The upgrade has increased the aircraft's capacity by 20 tonnes, allowing a maximum total cargo payload of up to 150 tonnes. The upgrade now enables a single piece of cargo, weighing up to 120 tonnes, to be ...
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CargoLogicAir to halve fleet due to challenging market conditions
CargoLogicAir has announced it will reduce its freighter fleet by half early next year as it continues to battle “challenging market conditions”.The Stansted-hubbed airline said that in early 2020 it would reduce its B747 fleet to two aircraft from its current line-up of four – three B747-400Fs and one B747-8F.The ...
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WOW Air prepares to make a cargo comeback
Icelandic airline WOW, which offered budget passenger flights before folding in March this year, is making preparations to start operating as a cargo airline.The new WOW airline was initially going to provide passenger flights from October this year, but later announced a two-month delay.According to RÚV and Icelandic Review, WOW ...
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NewsDSV Panalpina transaction ‘all-important’
Denmark-headquartered multimodal forwarder DSV Panalpina Group has highlighted the role of DSV’s acquisition of Panalpina in its third-quarter results.Jens Bjørn Andersen, group chief executive, said: “The closing of the Panalpina transaction on 19 August was the all-important event in Q3. We have had a good start to the integration and ...
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IAG Cargo announces Q3 decline
IAG Cargo saw its third-quarter revenues slide by 9% compared to the July–September period of last year, to €269mn ($300mn).Tonnage dropped by 5.7%, yield by 4.2%, FTKs by 4.9% – and capacity was cut by 0.1% year on year.Lynne Embleton, IAG Cargo chief executive, said: “Revenue for the quarter reflected ...
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Atlas Air Worldwide releases third-quarter figures
Atlas Air Worldwide has revealed its third-quarter results for this year.From January to September, the airline reported an income of $60m – less than its $71.1m income from the first nine months of 2018.In the third quarter of this year, the company's EBITDA (earnings before interest, taxes, depreciation, and amortization) ...
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NewsKerry Logistics wins contract to execute Smiffys' international growth
Kerry Logistics has been chosen by UK-based fancy dress company Smiffys to help it carry out its international expansion plans.Kerry Logistics will provide global freight forwarding services and supply chain solutions from Smiffys' central distrubition centre in Ningbo, China, to the UK, Germany, Australia and the USA.Kerry Logistics will use ...
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NewsAir Cargo Americas: Airports to play increasingly important role in supply chains
Opening session at the 2019 Air Cargo AmericasAirports will play an increasingly important role in air cargo supply chains as lead times become increasingly shorter.Speaking at the Air Cargo Americas event in Miami, Sao Paulo's GRU Airport chief executive Gustavo Figueiredo said that the role of airports in the air ...
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Resilience360 and TAPA collaborate to reduce cargo crime
Supply chain risk management company Resilience360 and the Transport Asset Protection Association (TAPA) have teamed up to fight against cargo crime intelligence.The collaboration will help both Resilience360 customers and TAPA members to better identify cargo theft issues, as well as providing a more more holistic view of cargo security threats ...
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NewsFirst-ever Madrid Air Cargo Day deemed a success
At the first Madrid Air Cargo Day, organised by Foro Madrid Cargo in collaboration with Spanish airport operator Aena and IATA, more than 100 industry experts gathered to explore the theme: modernisation of the airfreight world - projects, challenges and trends.Keynote speakers included David Bellon, vice president of Air Cargo ...
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Singapore Airlines retains Cargo iQ certification
Singapore Airlines has completed its most recent Cargo iQ audit by Geneva-based inspection, verification, testing and certification company SGS, and retains its certification as an accredited member.All members are audited every three years to ensure they are aligned with Cargo iQ standards and specifications. SGS audited the cargo division of ...
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Swiss WorldCargo announces winter flight schedule
Swiss WorldCargo, the airfreight branch of Swiss Airlines, has released its winter flight schedule, which includes new destinations and increased capacity on Asia routes.From February 1, a Boeing 777-300ER service will fly once a day to Tokyo. From March 1, there will be a service to Oska, Japan's third-largest city, ...
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NewsLogistics industry praised at FTA Awards
FTA Logistics Awards winners Photo: Professional Images/@ProfImagesThe logistics industry is to be applauded for keeping Britain trading, despite uncertain market conditions, according to a leading government transport minister.During a speech at the Freight Transport Association’s (FTA) Logistics Awards 2019, Baroness Vere of Norbiton, parliamentary under secretary of state, Department for ...