All articles by Damian Brett – Page 100
-
NewsDHL and Cainiao to partner on e-commerce in Poland
William Xiong, Cainiao Network and Pablo Ciano, DHL eCommerce Solutions. Source: DHLDHL eCommerce Solutions is purchasing part of the equity securities of Cainiao's subsidiary in Poland as the companies look to partner on investments in the country.Following the completion of the transaction, the two companies plan to invest €60m to ...
-
NewsPortal cargo.one makes cuts as it realigns to economic conditions
Online booking portal cargo.one has announced the loss of 16 members of staff as it adopts a more cautious strategy in light of a weakening macroeconomic environment.Moritz Claussen, founder and co-chief executive of cargo.one, said that the company remained incredibly grateful to the members of staff that were leaving and ...
-
News
CVC takes majority stake in fast-growing Scan Global Logistics
Fast-growing freight forwarder Scan Global Logistics has a new majority shareholder in the shape of private equity fund CVC Capital Partners Fund VIII (CVC).CVC has acquired the shareholding from an investor group led by AEA Investors Small Business Private Equity (AEA) but details of the transaction were not released.AEA will ...
-
InsightsAir cargo outlook: challenging market ahead
It’s been an interesting period for the air cargo industry as volumes have been trending downwards since the first half of last year, while the capacity situation continues to change and rates remain above pre-Covid levels despite recent declines.The fall in volumes reflects high inflation that is affecting consumer spending, ...
-
NewsDSV reports on a strong year
Denmark-headquartered supply chain services provider DSV has revealed strong results for 2022, which it said had been driven by “good performance across all our business areas”.Over 2022, its gross profit increased by 33%, while earnings before interest and taxes (EBIT) before accounting for special items rose by 48%.DSV’s Air & ...
-
NewsIs the freighter market facing a bubble?
Source: Air Cargo NewsDuring a debate at the World Cargo Summit the question was raised as to whether the freighter market was becoming a bubble.Speaking to delegates during the break there were many that had this same question given the number of aircraft that had been ordered over the last ...
-
News
Etihad Cargo mulls B777 freighter conversions
Etihad Cargo is considering converting some of its B777 passenger aircraft into freighters.Speaking to Air Cargo News on the sidelines of the World Cargo Summit, Etihad Airways vice president cargo commercial Tim Isik explained that the carrier had five B777s that were planned to be retired but had been called ...
-
NewsEtihad Cargo: Partnerships key as industry faces overcapacity and lower predictability
Source: Air Cargo NewsRaising standards, developing new offerings and services and partnerships are key for Etihad Cargo over the coming years as the industry faces a changing market.Speaking at the first in-person World Cargo Summit, Etihad Aviation Group senior vice president sales and cargo Martin Drew said challenges faced by ...
-
Sponsored ContentSponsored: Middle Eastern airline chooses ITTS as the go-to compliance tool
A leading Middle Eastern airline has chosen ITTS as its leading compliance tool. Read on to find out why and discover the many benefits of ITTS.The International Trade and Transport Compliance Solution (ITTS) has been selected as the compliance management software for air cargo by a leading airline in the ...
-
NewsDB Schenker in it for the long-haul with cargo charter network
Source: Air Cargo NewsDB Schenker will continue its air cargo charter operation for the long-term and expects other forwarders to do the same despite recent market weakness.Speaking to more than 400 delegates at a busy World Cargo Summit, DB Schenker global head of airfreight Asok Kumar outlined Covid-related developments that ...
-
NewsZongteng's new Paris freighter to be handled by WFS
Source: WFSE-commerce logistics group Zongteng Group has selected WFS to handle its new freighter flights between China and Paris.The service will utilise a B777 freighter operated by Central Airlines from Shenzhen to Paris Charles de Gaulle and will provide around 15,000 tonnes of annual capacity.Zongteng expects to add a second ...
-
News
Dutch aviation groups hit out at current emission ceiling plans
The Dutch air cargo sector along with leading airlines, airports and aviation groups have hit out at new Dutch government plans to limit CO2 emissions from flying saying there are better alternatives.Air Cargo Netherlands (ACN) along with airlines, airports and a range of aviation groups have written to the Dutch ...
-
News
Teesside Airport approved for perishable handling
Teesside International Airport in the UK has been approved as a Border Control Point (BCP) meaning it can handle perishable produce such as flowers, fruit and vegetables.The airport said that the approval comes just in time for Valentine’s Day and that it is now in talks with several "world-leading importers ...
-
News
Rhenus UK urges exporters to prepare for new customs system
Logistics firm Rhenus UK is urging exporters to prepare for the switch over to the UK's new customs system due to happen later this year.It is planned that the new Customs Declaration Service (CDS) will replace the existing CHEIF platform on November 30, following on from the switchover for imports ...
-
NewsHiitola to replace Wildtgrube as head of Finnair Cargo
Gabriela Hiitola. Source: FinnairGabriela Hiitola will replace Fredrik Wildtgrube as senior vice president of Finnair Cargo from February 1.Hiitola has worked for Finnair for nearly 25 years in various roles, originally starting out in the cargo team.She continues as a member of the operations leadership team and reports to Jaakko ...
-
News
Air Canada Cargo adds more European freighter flights
Air Canada Cargo is continuing to expand its freighter operation to Europe with the addition of two new destinations.The carrier will add flights using its B767 freighters to Liege next month and to Basel in April.Air Canada Cargo will operate flights twice per week to Liege, with service increasing to ...
-
NewsAmerican Airlines Cargo teams up with Airlink for Haiti aid flight
Source: American Airlines CargoAmerican Airlines Cargo has partnered with charity organisation Airlink to transport medical equipment and supplies to Haiti as the nation fights a cholera outbreak.American is carrying more than 55 tons of medical supplies from Europe to Miami, where they will be staged for distribution to Haiti.“We’re proud ...
-
NewsFreighter fleet expected to grow by 2.3% per year
Aviation data firm Cirium is expecting the world's freighter fleet to grow at 2.3% per year over the next 20 years.The data provider predicted that in total the world's freighter fleet will reach over 4,100 aircraft by 2041 on the back of a 3.7% per year increase in cargo demand.The ...
-
News
IATA blasts draft ban on cargo-only operations at Mexico’s busiest airport
IATA has blasted a government plan to ban cargo-only flights from Mexico City’s primary airport.According to local Mexican media reports, the leaked draft of a document published last week reveals that the government intends to close Benito Juarez International airport, the busiest in the country, to operators that ”provide national ...
-
News
ECS Group ramps up in-house training
GSSA ECS Group is expanding its in-house training programme with the addition of two new courses.The France-headquartered firm said that it would add a dangerous goods transportation overview course, and an in-depth sustainability module.The sustainability module is due to be launched in the first quarter of the year and will ...