All articles by Damian Brett – Page 130
-
NewsWhen will air cargo's supply-demand balance return to pre-Covid levels?
The air cargo market could see its supply-demand balance return to pre-covid levels in 2025, although that prediction comes with a plethora of caveats.Speakers at the Nordic Air Cargo Symposium were tasked with taking a look at air cargo’s road to recovery and they concurred that industry turbulence was set ...
-
NewsWFS cargo handlers to hold Heathrow strike vote
Source: Heathrow Airports LimitedUnite the union will hold a strike ballot for its members employed by Worldwide Flight Services (WFS) over a pay dispute.The union alleged that WFS' cargo workers were facing a pay freeze for the pay year starting January 2021 while competitors based at the airport were offering ...
-
News
CMA CGM acquires GEFCO after Russia's RZD sells its stake
Shipping group CMA CGM has acquired 100% of the shares of automotive logistics business GEFCO, which was until recently 75% owned by Russian Railways RZD and 25% by car company Stellantis.The shipping company said that the deal would ensure the continuity and long-term stability of GEFCO and strengthen the range ...
-
NewsShipping giant Maersk launches new air cargo business
Maersk B767-300F. Source: AP Moller MaerskShipping giant AP Moller Maersk has launched its new air cargo business as it looks to meet customer demand for supply chain security.The company, which owns the world's largest container shipping line, said that its new Maersk Air Cargo business will be operational in the ...
-
NewsAir cargo demand takes a hit in March but rates stay high
Air cargo volumes in March declined compared with a year earlier as the market was hit by the war in Ukraine, sanctions and lockdowns in China.The latest figures from CLIVE Data Services, which is part of the Xeneta rate benchmarking platform, show that demand for March was 4.5% down compared ...
-
NewsAir Charter Service to expand in Chicago
ACS Chicago team. Source: Air Charter ServiceAir Charter Service (ACS) has launched a recruitment drive at its Chicago office on the back of record figures for the company.The Chicago office was opened in March 2021 and has gone "from strength to strength" in terms of sales in the midwest region.Caitlin ...
-
News
Moscow supports Volga-Dnepr with "unprecedented" deal
The Russian government has signed an "unprecedented" deal with the Volga-Dnepr Group for the creation of air bridges between Russia and several countries to carry critical goods.Writing in his blog, the Mayor of Moscow, Sergey Sobyanin, said that on behalf of the president of Russia, Vladimir Putin, an agreement had ...
-
Sponsored ContentSponsored: SWW plus GFS plus DFW equals a winning combination
Silk Way West Airlines (SWW) a Baku, Azerbaijan-based dedicated cargo carrier, has begun weekly scheduled service to and from the Dallas/Fort Worth Airport (DFW).SWW provides service to nearly every continent with key destinations in Kazakhstan and throughout Eurasia; the Middle East to include Iraq, Dubai, and Tel Aviv; the Far ...
-
NewsSchiphol switches to digital declarations
David van der Meer. Source: Amsterdam Schiphol AirportAmsterdam Airport Schiphol is no longer accepting paper declarations as part of efforts to speed up the cargo handling process.On April 1, the airport switched to Automated Nomination which digitalises the declaration paperwork, allowing shipments to be processed before they arrive.Prior to Automated ...
-
News
Titan confirms lease of three aircraft to Amerijet
Amerijet has leased three B757 freighter aircraft from Titan Aircraft as part of its recent fleet expansion.The US carrier recently kicked off a fleet expansion by putting into operation the first of six B757 freighters last month. All six of the aircraft were expected to be in operation by the ...
-
NewsBluebird Nordic appoints new CEO
Audrone Keinyte. Source: Bluebird NordicFreighter lessor Bluebird Nordic has appointed Audrone Keinyte as chief executive.Keinyte is taking over the role from Siggi Agustsson, who has held this position since 2020. Agustsson is moving to a new role at parent company Avia Solutions Group, where he will be a senior advisor ...
-
NewsAntonov Airlines updates on fleet as it gains access to Hostomel
Antonov Airlines has provided an update on its fleet after it gained access to Hostomel Airport following the withdrawal of Russian troops from the area.The company said on Twitter that the Antonov fleet of AN-124 aircraft have been relocated to Leipzig /Halle Airport, Germany and continue to operate charter flights ...
-
Newsdnata to enter German cargo market through acquisition
Source: dnata and Cologne Bonn AirportCargo handler dnata will enter the German market at Cologne Bonn Airport (CGN) through the acquisition of Wisskirchen Handling Services.Wisskirchen is the exclusive operator of the Cologne Bonn Cargo Centre, a 12,000 sq m facility at CGN, and provides a full range of cargo services ...
-
Insights
Putzger perspective: Are yields too good for change?
Chief financial officers of cargo carriers could be excused for taking a sabbatical, safe in the knowledge that pricing will remain in the stratosphere for some time.The mix of low inventory levels, continuing volatility and the continuing congestion in maritime supply chains with tight capacity was spelling lofty rates already, ...
-
InsightsLogistics UK: War in Ukraine poses airfreight challenges
Access to both Ukrainian and Russian airspace is now minimal to non-existent for many countries across the globe due to the ongoing war in Ukraine.As a result, many flights are diverting south, but with some airspaces in the Middle East restricted or closed, airlines are limited in their options.Diverted routes ...
-
InsightsSpecial Report: Air cargo handling on the up
After a challenging couple of years, ground handlers are looking to the future with cargo set to play a central role, writes Mike Bryant.Barry Nassberg, group chief commercial officer at WFS, the world’s biggest cargo handler by volume handled, declares: “I would say the past two years for all stakeholders ...
-
InsightsBelugas make a splash as they hit the air cargo market
Airbus Beluga Transport enters the commercial market at a time when outsize capacity is at its tightest, with demand surging and the availability of the global AN-124 fleet curtailed, writes David Kershaw, editor of Air Cargo News' sister title Heavy Lift and Project Forwarding International.Based on the A300-600 design, the ...
-
Insights
Supply chain spotlight: Ukraine crisis adds to heavylift constraints
In his latest Air Cargo News column, Brandon Fried, executive director of the US Airforwarders Association, looks at how the Ukraine crisis will impact the air cargo industry.The Ukraine crisis continues to upend the lives of 44m citizens, bringing unspeakable horror as the rest of the free world looks on ...
-
Sponsored ContentSponsored: Cargolux’s long standing expertise in handling your outsized shipments
Handling big and bulky shipments requires the proper infrastructure and know-how. With more than 50 years of experience in this field, bulky and outsized cargo have become part of Cargolux’s day-to-day business and we will always strive to make the impossible possible.To ensure a fast and safe delivery, airlines need ...
-
Sponsored ContentSponsored: SBD International Airport - The Fast Track to Air Cargo Growth
Air cargo activity at SBD International Airport continued its rapid ascent for a fifth straight year, fueling tremendous growth for the Airport—and its partners.Just 60 miles east of Los Angeles and centered adjacent to major transportation corridors, SBD International Airport provides a fast track to the estimated 4.7 million consumers ...