All articles by Damian Brett – Page 123
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NewsAutomotive demand drives K+N's new Budapest charter flight
Source: Budapest AirportKuehne+Nagel has launched a new charter route between Hong Kong International and Budapest Airport as it looks to capitalise on high-tech and automotive demand.The service will operate on a weekly basis utilising a Boeing B747-8F aircraft with a capacity of more than 100 tonnes per flight. After stopping ...
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NewsCMA CGM adds another B777F as it aims for a fleet of 12 freighters
Source: CMA CGMCMA CGM Air Cargo has added its second Boeing B777F in the space of two weeks and disclosed its plan to operate a fleet of at least 12 freighters by 2026.The fast-growing carrier took delivery of its second B777F yesterday at a ceremony held at Boeing base in ...
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News
China airfreight rates predicted to rise in coming months
Airfreight rates out of China are expected to rise over the coming months while the peak season could be muted, according to Bruce Chan, senior analyst at investment bank Stifel.In the latest Baltic Exchange market round-up, Chan said that rates out of Hong Kong and China had remained high over ...
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NewsCainiao partners with Daraz on cross-border e-commerce
Source: CainiaoAlibaba logistics arm Cainiao Network will serve as the cross-border logistics provider for South Asia e-commerce platform and sister comapany Daraz.The cross-border shipping services that Cainiao will provide include local seller pick-up in China, first mile sortation, international line-haul, digital customs clearance, sorting, and after-sales customer service, with last ...
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Lessor Merx to add first converted B737-800SF freighter
Lessor Merx Aviation will add its first B737-800SF converted freighter to its fleet with work being carried out by Aeronautical Engineers, Inc (AEI).The aircraft bearing manufacturer’s serial number 35131 has just commenced modification and is scheduled to be redelivered in August. An end customer has not yet been announced.All touch ...
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Sponsored ContentSponsored: Air New Zealand Cargo expands North America footprint
It’s a great time to be an Air New Zealand cargo customer as the carrier will be launching a spate of new services into the Americas.Between now and November, Houston, Honolulu, New York and Chicago will all see resumptions of service or in the case of New York, a totally ...
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NewsIAG Cargo looks to benefit from new US flights
Source: IAG CargoIAG Cargo is hoping to benefit from additional bellyhold cargo capacity on the transatlantic as sister company Iberia adds more flights to the US.Iberia flights to Dallas and Washington DC arrived on June 1 from Madrid Barajas airport, with the new flights welcomed by way of a water ...
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NewsScan Global Logistics continues expansion with new UAE business
Source: Scan Global LogisticsScan Global Logistics (SGL) has opened a wholly-owned business in Dubai, taking advantage of the new no-local sponsor regulation.The company had commercial representation in Dubai for a number of years, but decided to take advantage of new regulations allowing 100% foreign ownership in the UAE.Only one month ...
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Maersk completes $644m Senator acquisition as it looks to air cargo
Shipping giant AP Moller-Maersk has completed the acquisition of Senator International for $644m as it looks to boost its presence in forwarding and airfreight.Maersk said that Senator brings with it a well-developed airfreight network comprising own controlled flights and long-term partnerships with airlines, a well-established full container load (FCL) and ...
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NewsAtlas Air takes delivery of latest B747 freighter
Source: Atlas AirAtlas Air has taken delivery of the first of four Boeing B747-8 freighters - one of the last of the model to be built - for use on its recent long-term contract with Cainiao.The aircraft will operate between China, the US, Brazil and Chile on behalf of Cainiao, ...
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GCL swoops on event specialist forwarder ADF
Global Critical Logistics (GCL) has acquired Madrid-based live event specialist forwarder Asesores de Flete, S.A. (ADF).GCL said that ADF, which concentrates on the live event, entertainment, sports, and broadcast industries, will be integrated into ts Rock-it Global brand."Together with Rock-it Global’s extensive presence in Latin America, the ADF acquisition solidifies ...
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Rhenus Air and Ocean adds two new Danish locations
German logistics company Rhenus Air & Ocean has expanded its presence in north-west Europe by opening two new business sites in Copenhagen and Aarhus.Rhenus said the two new Danish offices would strengthen connections with the Netherlands, Belgium, Ireland, Norway, and the UK.Prior to this, Rhenus had already added a new ...
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NewsK+N and LATAM partner to offset flower shipment emissions
Source: LATAMKuehne+Nagel and LATAM Airlines Group will compensate 100% of the emissions generated by the flower shipments they managed together during the recent Mothers' Day season.During the season, thousands of tonnes of flowers were transported from Colombia and Ecuador to North America and Europe.The offsets will be focused on benefiting ...
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Airfreight rates pick up in May despite demand declines
Airfreight rates on major east-west trades continued to increase on a year ago in May despite analyst figures showing demand declines over the last few months.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that average rates from Hong Kong to North America in May increased by 21.7% ...
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Sponsored ContentSponsored: Chapter 3 of WeQare 'Let's Stand Together' exceeds expectations
Commitment, care and charity means a lot to Qatar Airways Cargo. The success of the first two chapters of the WeQare programme demonstrated it very well.Chapter 1, “One Million Kilos” launched in July 2020 and led the way by providing the free transport of 1m kilos of humanitarian aid and ...
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InsightsColumn: European air cargo faces up to the end of cargo-cabin flights
In a column for Air Cargo News, CharterSync's Ed Gillett considers the opportunities and risks for freight forwarders, charter desks and operators as cargo-in-the-cabin flights come to an end.The worst effects of Covid-19 may appear to be over, but the end to disruption in the air cargo market is still ...
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Insights
Putzger perspective: Thinking outside the cargo hold
By now most folks are wondering where the next big disruption is going to come from. The past two years have been a wild roller-coaster ride and there is little to suggest that we are on the verge of a return to stability.Nevertheless, airlines keep ordering freighters, and that includes ...
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InsightsAmerijet looks to the horizon as its fleet expands
Amerijet has confidence in the continued growth of air cargo. The Miami-based airline has been rapidly expanding its fleet in 2022 and chief executive Tim Strauss is certain there is enough demand to fill the aircraft.“It is going to be a good long run for air cargo,” Strauss says. “It ...
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Insights
Top forwarders not expecting globalisation to end
Global supply chains have been battered by constant disruption for more than two years, leading some to warn that there could be an upswing in nearshoring.First there was the Covid outbreak, then capacity challenges across all modes of transport, issues with worker shortages due to quarantine requirements, the impact of ...
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NewsIAG Cargo restarts key cargo-only services
Source: IAG CargoIAG Cargo is restarting its cargo-only services between London Heathrow and Hong Kong and has restarted its cargo-only London Heathrow-Bangkok service as consumer spending continues to accelerate.Daily flights from London Heathrow-Hong Kong will restart on June 1 and four-times weekly flights between London Heathrow and Bangkok restarted on ...