All Cathay Cargo Articles – Page 4
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News
Atlas and Cathay working on 747 inspections after lightning protection concerns
Two of the world's largest operators of Boeing 747 aircraft have already started work on inspecting their freighter aircraft after concerns emerged over the early degradation of the lightning protection systems.Earlier this month, the US Federal Aviation Administration (FAA) issued an airworthiness directive ordering all US-registered 747 operators to carry ...
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Cathay sees peak perks for cargo
Cathay Cargo is expecting increased cargo loads for the traditional peak air cargo season.Tim Wong, general manager cargo service delivery at Cathay Cargo said that the air cargo market is “beginning to warm up”.“There is no doubt that the air-cargo market is beginning to warm up both from a seasonal ...
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NewsIATA ONE Record in sea-air first
Source: Cathay CargoMilestones for the IATA ONE Record data sharing initiative have been used on a sea-to-air shipment for the first time.Cathay Cargo, IATA, the Airport Authority Hong Kong (AAHK) used the milestones on a shipments accepted at the Dongguan Logistics Park in the Greater Bay Area (GBA) that were ...
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Cathay Cargo sees encouraging demand out of Hong Kong
Cathay Cargo's new general manager cargo, James Evans, has found reasons to be positive on demand despite the uncertain market.Evans said that the air cargo market was facing weaker consumer confidence and global economic pressures.However, he added that there was "much to be positive about" and in response the carrier ...
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News
Cathay Cargo clicks with Kuehne+Nagel
Cathay Cargo and Kuehne+Nagel (K+N) have launched a pilot scheme allowing the airline to place its rates and capacity directly onto the forwarder's systems.Cathay said that by connecting systems through APIs, K+N users would be able to access space, rates, and secure instant confirmation from Cathay Cargo’s inventory.The pilot scheme ...
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NewsDimerco teams up with Cathay Cargo to pilot new Air-Sea solution
Photo: DimercoFreight forwarder Dimerco has partnered with Cathay Cargo to carry out the pilot operation of a new Air-Sea solution transporting shipments from Singapore to Dongguan, China via Hong Kong.Dimerco developed the Air-Sea solution to provide a faster alternative to the Air-Truck service mode. This new initiative is designed to ...
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Cathay Pacific reports lower cargo revenues in H1
Cathay Cargo saw its revenues decline in the first half of the year despite increasing volumes.The Hong Kong-hubbed carrier saw first-half cargo revenues decline by 10.1% year on year to HK$12.4bn, while volumes increased by 23.8% on last year to 651,000 tonnes.Capacity measured in available cargo tonne km increased by ...
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NewsCathay Cargo receives IATA’s CEIV Lithium Batteries accreditation
Cathay chief customer and commercial officer Lavinia Lau (right) and director cargo Tom Owen (left) receive the IATA Center of Excellence for Independent Validators Lithium Batteries (CEIV Li-batt) certification from IATA regional vice president Xie Xingquan. Photo: Cathay PacificCathay Cargo and the Cathay Cargo Terminal have received the IATA ...
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NewsCathay Cargo makes management changes
From left to right: George Edmunds, James Evans, Frosti Lau and Tim Wong. Photo: Cathay PacificCathay Cargo has made changes to its management team, as previously reported by Air Cargo News.James Evans has replaced George Edmunds as general manager cargo commercial. Evans has extensive experience across the Cathay Group.Edmunds has ...
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News
Fruit and veg exports feed Cathay freight volume
Japanese foodstuff exports to Hong Kong are helping to keep Cathay Cargo freight volumes healthy, reported Cathay Pacific regional head of cargo, Shuichi Ueba.Following the Covid-19 pandemic, the carrier has built up flights at Sapporo, from where it is currently exporting Hokkaido scallops.Elsewhere in the region, Ueba noted that the ...
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News
Cathay Cargo sees increase in BSA tonnages and more diverse array of customers
Cathay Cargo has seen an increase in tonnage commitments and a “more diverse array” of customers in its annual block space agreements (BSAs) while confirming its summer freighter aircraft network.Chris Bowden, Head of Cargo Global Partnerships at the Hong Kong based airfreight arm of the Cathay Pacific Group, also sees ...
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Cathay Pacific free of pandemic shackles but still faces demand challenge
Cathay Pacific cargo volumes grew in March compared to a year earlier, thanks to increased capacity.Cargo tonnage in March was up 25.3% compared with March 2022.This increase was attributed to the easing of pandemic aircrew quarantine measures which had "significantly reduced" cargo capacity.The airline has also benefited from increased belly ...
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News
Cathay Cargo teams up with Tower Cold Chain to improve pharma services
Cathay Cargo has signed a global long-term rental agreement with Tower Cold Chain that will provide access to a wider range of temperature-controlled containers.Designed for the transportation of pharmaceutical, biotech and life-science products, Tower’s containers offer Cathay customers more choices in terms of size and payload volume, in both Euro ...
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NewsHong Kong International retains busiest cargo hub top spot
Hong Kong International Airport (HKIA) retained its position as the world's busiest cargo airport in 2022 despite the impact of Covid restrictions, according to statistics from Airports Council International.HKIA saw its cargo volumes fall by 16.4% year on year in 2022 to 4.2m tonnes as restrictions on crew hampered operations, ...
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InsightsTranspacific market: from the doldrums to new highs
After a difficult 12 months, carriers and forwarders expect business on the transpacific to take off in the latter half of the year.Cathay Cargo, the recently rebranded freight arm of Cathay Pacific, is leading the push for a new intermodal service to facilitate flows from the Dongguan area in the ...
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News
Cathay Cargo remains positive in its outlook despite mixed signals
Cathay Cargo has reported a "slow climb" in demand following the Lunar New Year but is hopeful of a pickup in the second and third quarters despite conflicting signals.Cathay Pacific vice president cargo Americas Fred Ruggiero said that the year started quietly after a slow return to work on the ...
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Cathay Cargo invests in new mail solution
Cathay Cargo has launched a new mail service that integrates mail handling data with its cargo systems to improve visibility.The new Cathay Mail service integrates mail-handling data with air cargo systems using the the postal air waybill (PAWB) through electronic data interchange (EDI) technology.This removes much of the previous shipment ...
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Cathay's February cargo tonnage up as capacity is added
Cathay Pacific saw increased cargo tonnage in February due to a recovery in capacity with more expected in the coming weeks.The airline carried 103,932 tonnes of cargo last month, an increase of 59.6% compared with February 2022, when capacity was hindered by crew quarantine restrictions.February's cargo revenue tonne kilometres (RFTKs) ...
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News
Cathay Cargo sees revenues weaken in 2022
Cathay Pacific saw its cargo revenues decline by double-digit percentage levels last year as Covid restrictions affected operations.The airline reported a 16.6% fall in cargo revenues to HK$26.9bn in 2022 while cargo revenue tonne kms (CRTK) fell 29.8% year on year to 5.7bn and capacity was down 19% to 8.2bn ...
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Cathay rebrands and refreshes cargo services
Cathay Pacific Cargo has rebranded as Cathay Cargo as part of the Cathay group’s overall brand redesign.Group chief executive Ronald Lam said: “This is an opportune moment to align our cargo business with the master brand as we continue our cargo investments in Hong Kong and the Greater Bay Area ...
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