All articles by Damian Brett – Page 140
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News
Carousel and DANX to merge following private equity investment
Time critical logistics firms Carousel and DANX will merge after being purchased by private equity firm Axcel.The merger will expand the two firms' networks by combining DANX's presence in the Nordics and Baltics with Carousel's UK, Ireland, Germany and Iberia offices. The two firms have combined annual revenues of around ...
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NewsAir cargo growth slowed "significantly" in November
Air cargo growth slowed in November as supply chain issues affected demand, according to airline association IATA.The group's latest figures show that air cargo demand in cargo tonne km (CTK) terms in November increased by 3.7% compared with 2019 levels (used to mitigate the impact of Covid).IATA said that this ...
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NewsRock-It adds new Heathrow warehouse to smooth cargo screening
(L to R) Chris Palmer and Martin Corr, co-managing directors EMEA. Source: Rock-It GlobalEvent logistics firm Rock-It Global has opened a dedicated warehouse facility at Heathrow Airport as it looks to avoid screening congestion at the airport.The 1,394 sq m facility at Heathrow Airport offers 377 cu m of caged ...
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NewsAir cargo demand in Asia remains resilient
The air cargo market in Asia remained resilient in November with volumes continuing to grow compared with 2019 levels.The latest statistics from the Association of Asia Pacific Airlines (AAPA) show that during the month cargo demand at the region's airlines increased by 16.5% year on year and stayed above volumes ...
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News
AEI gains ETOPS approval for B737-800 freighter conversion
Aeronautical Engineers, Inc has received ETOPS 180 approval from the US Federal Aviation Administration (FAA) for its B737-800SF freighter conversion.The ETOPS 180 approval allows the B737-800SF freighter to fly 180-minute extended operations over water and remote regions.Without ETOPS approval aircraft must be within 60 minutes flying time of an airport ...
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NewsLenovo signs up with DB Schenker and Lufthansa for SAF flights
Source copyright: Lufthansa Cargo/Oliver RöslerIT hardware firm Lenovo has signed up to use the "carbon neutral" freighter service offered by DB Schenker and Lufthansa Cargo.The tie up will see the computer company transport cargo, including include laptops, notebooks, and PCs, on Lufthansa Cargo's Sustainable Aviation Fuel (SAF) powered B777 freighter ...
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News
‘Cargo-centric’ strategy reaps record revenue for China Airlines
China Airlines has disclosed record cargo revenues for 2021, as it doubles down on what it calls a “cargo-centric business model”.For the full year, the Taiwanese carrier says cargo revenue surpassed NT$100bn ($3.6bn), the highest in its 62 years of operations.China Airlines also stated that freighter revenue in December hit ...
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News
Liege reports record cargo volumes for 2021
Liege Airport saw its air cargo volumes reach record levels again last year as demand for freighter operations continued to rise.The airport, which has built a reputation as a cargo specialist in recent years, reported a 26% year-on-year increase in cargo volumes to 1.4m tonnes last year.The record volumes follow ...
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News
Airfreight rates end the year on a high
Airfreight rates on major trade lanes ended the year on a high as supply chains remained under pressure.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that average prices from Hong Kong to North America in December reached $12.72 per kg - their highest level of the year ...
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News
DSV responds to Asia Covid restrictions with extra freighters
DSV has responded to Covid restrictions and lockdowns in Asia by adding extra freighter capacity from Hong Kong and Singapore.The freight forwarder is adding two extra weekly flights - offering 100 tonnes of capacity each - to its Hong Kong-Liege-Hong Kong loop, bringing its weekly flights on the route to ...
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NewsSeafrigo targets online grocery sales with New Jersey facility
Source: SeafrigoFreight forwarder Seafrigo Group will open a new warehouse in the US state of New Jersey to cater for growing online demand for food products.The new 85,000 sq foot facility - the French forwarders' fifth in the area - is scheduled to open this year and will provide additional, ...
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NewsCathay Pacific outlines "substantial" freighter flight cuts in Q1
Cathay Pacific today announced it will implement "substantial reductions" to its long-haul freighter capacity in the first quarter due to the latest crew quarantine measures imposed by authorities in Hong Kong.The new rules, announced on December 30, mean air cargo crew members will be required to undergo compulsory quarantine at ...
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News
Vekshin scoops Volga-Dnepr Group CEO role
Volga-Dnepr has appointed Konstantin Vekshin as its new chief executive.Vekshin joined Volga-Dnepr Group, which includes AirBridgeCargo, Atran and Volga-Dnepr, in 1997 and developed his career from sales executive to chief commercial officer.Between 2013 and 2016, he held the positions of vice president, charter & government division with Centurion Cargo Airlines ...
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News
How to ensure airports don't become the next supply chain crisis
In his latest Air Cargo News column, Brandon Fried, executive director of the US Airforwarders Association, looks at how air cargo hubs can avoid becoming supply chain bottlenecks.As 2021 draws to a close, forwarders and their customers are staring down one of the most stressful business environments in recent memory.However, ...
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News
Samskip targets airfreight project cargo
Multimodal shipping firm Samskip has expanded its airfreight portfolio by adding project cargo to its offering.The company, which launched a dedicated airfreight forwarding division last year, will bring together its Bremen-based project cargo business and air cargo team in Schiphol to target the market.The initiative aims to create a "one-stop ...
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News
K+N targets Africa with network expansion
Freight forwarding giant Kuehne+Nagel (K+N) has expanded its presence in Africa through the addition of several new offices across the continent.The Switzerland-headquartered company told Air Cargo News that it began the expansion project in 2021 with the second phase being completed this year.In total, K+N has added 10 countries to ...
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News
Hong Kong suspends flights from eight countries
Hong Kong has announced that passengers from eight countries will be banned from entering the country for 14 days.The flight ban will impact passengers from Australia, the UK, Canada, France, India, Pakistan, the Philippines and the US, including transferring passengers.The measure comes into force on January 8 and will last ...
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News
Qatar Airways Cargo achieves CEIV Live Animals
Qatar Airways Cargo has become the fourth airline in the world to achieve IATA's CEIV Live Animals certification.The certification applies at Qatar Airways’ Doha headquarters and the QAS Cargo Doha hub, and covers all animals (amphibians, birds, crustaceans, fish, invertebrates, mammals, or reptiles) that Qatar Airways Cargo is authorised to ...
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NewsSupply chain issues continue to weigh down air cargo growth
Ongoing supply chain issues continued to weigh down air cargo demand growth in December but rates continued to surge.According to figures from CLIVE Data Services, air cargo demand in December - traditionally the peak season - fell by 5% compared with the same month in 2019 (used for comparison to ...
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InsightsPutzger Perspective: Tackling aviation emissions
The air cargo industry is tackling emissions. Photo: ICAOIn this month's column, Ian Putzger tackles the challenge faced by aviation when it comes to reducing emissions.2022 does not look like a good year to add to the cost of flying. Fares are already heading up, thanks to a global inflation. ...