All articles by Damian Brett – Page 156
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News
Cathay Pacific caters for garment sector with Pittsburgh flights
Cathay Pacific Cargo has restarted operations to Pittsburgh International Airport (PIT) with twice-weekly pax-cargo flights.The Hong Kong-hubbed carrier re-launched flights on August 2 utilising Boeing 777-300ER passenger planes converted for cargo.The carrier plans to continue serving the US airport through to the end of the year. Cargo onboard the aircraft ...
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NewsATC notes successful first year of B747F charter flights
Source: Air One AviationGSSA Air One Aviation has generated more than 145,000 tonnes of cargo in the first year of its deal with freighter carrier AeroTransCargo (ATC).The sales agent said that ATC expanded from ACMI operations to offering its own charter flights at the start of August 2020 and since ...
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News
New China-based cargo carrier linked to JD.com prepares for launch
A new China-based cargo airline with links to e-commerce firm JD.com has gained preliminary approval to begin flights.Reports suggest that Jiangsu Jingdong Cargo Airlines will be 75% owned by Suqian Jindong Zhanrui Enterprise Management, which is in turn controlled by JD.com founder Richard Liu.The airline, which received approval from the ...
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News
DHL's airfreight volumes take off in Q2
DHL Global Forwarding saw its airfreight volumes improve by double-digit percentage levels in the second quarter on the back of tight capacity and improved demand.The Deutsche Post (DP) DHL-owned forwarder reported a 9% year-on-year increase in second quarter airfreight revenues to €2bn on the back of a 35.7% improvement in ...
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NewsTop 25 cargo airlines: Freighter operators to the fore
FedEx, UPS and Qatar were last year the largest air cargo carriers once again, but there were major winners and losers in the overall top 25 airlines as the Covid pandemic took its toll on the market (see full at end of article).According to IATA’s latest World Air Transport Statistics ...
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Insights
Scan Global Logistics targets a top 15 spot in air cargo
Scan Global Logistics (SGL) has revealed ambitious plans to become one of the world’s top 15 airfreight forwarders over the next five years.The Copenhagen-headquartered forwarder’s global chief operating officer for sea and airfreight, Mads Drejer, said SGL is currently in the top 40 air forwarders with volumes of around 100,000 ...
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News
UK's CHIEF customs declaration system to end in 2023
The UK's HM Revenue and Customs (HMRC) will close the Customs Handling of Import and Export Freight (CHIEF) system that handles declarations in 2023.The UK began using the new Customs Declaration Service (CDS) that will replace CHIEF in 2018 but the final cutoff date was last year pushed back due ...
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NewsGeodis set for expansion at Auckland Airport
Source: GeodisFreight forwarder Geodis will move to a new facility at Auckland Airport in New Zealand in response to growth in the market.The company said that the new 5,700 sq m facility will feature temperature-controlled areas to facilitate the optimal storage of pharmaceutical products at 15-25 degrees Celsius as well ...
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NewsDHL Express makes historic investment in all-electric freighters
Source: DHL ExpressDHL Express has ordered 12 fully electric freighter aircraft as it looks to create an electric express network and make a "pioneering step into a sustainable aviation future".The aircraft are Alice eCargo aircraft from Seattle-based manufacturer Eviation and will have a capacity of 1.2 tonnes and a range ...
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News
Hospitality firm Levy drops airfreight in green push
Hospitality firm Levy UK & Ireland has dropped the use of airfreight in its supply chain as it looks reduce its environmental impact and focus on more local produce.The company, which designs menus for high profile venues in the UK such as Tottenham Hotspur Stadium, The O2 arena and the ...
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NewsCargo industry welcomes new ICAO secretary general
Juan Carlos Salazar, ICAO. Source ICAOThe freight industry has welcomed the new secretary general of the International Civil Aviation Organization (ICAO) as cargo continues to grow in importance to the overall aviation industry.In a joint statement, the International Federation of Freight Forwarders Associations (FIATA), The International Air Cargo Association (TIACA), ...
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News
DB Schenker sees airfreight bounce back
DB Schenker saw its airfreight business bounce back in the first half of the year as its volumes increased by more than 40% thanks in part to an expanded charter network.The Deutsche Bahn-owned forwarder saw its first-half airfreight volumes increase by 43.8% year on year to 712,100 tonnes led by ...
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NewsWorldACD: Cargo volumes return to 2019 levels in first half
Cargo volumes were back at 2019 levels in the first half of the year while revenues remained far above the levels of the last two years.The latest statistics from analyst WorldACD show that cargo volumes - in chargeable weight - in the first half of the year were at the ...
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News
CEVA targets Latam perishables with Cargex takeover
CEVA Logistics has signed an agreement to purchase all shares in Colombian freight forwarder Cargex as it looks to expand in the Latam region.The Bogotá-headquartered firm has been established for more than 25 years and its primary focus is export management of perishable goods.The company has operations in Bogotá, Medellin, ...
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News
Kerry Logistics targets mining sector with Peru office
Kerry Logistics Network is opening a new office in Lima, Peru as it expands in the Latin America region.The office will offer air and ocean freight services, customs clearance and domestic transportation across the country.Its target markets include the mining industry, apparel, automotive, high-tech, as well as pharmaceutical.The mining industry ...
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Insights
Logistics UK: Decarbonising airfreight
In June, Logistics UK partnered with Aberdeen Standard Investment’s AIPUT (Airport Industrial Property Unit Trust) to present government with a call for action to enable the UK to facilitate the sustainable growth of its vital airfreight industry.As part of this submission, one of the 11 key recommendations made focused on ...
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InsightsRates stable in July but elevated prices expected into 2022
Image: ShutterstockAirfreight prices on major east-west trade lanes remained stable in July — albeit at a high level — and expectations are that pricing will remain elevated this year.The latest figures from the Baltic Exchange Air Freight Index (BAI) show that in July average airfreight rates from Hong Kong to ...
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Insights
Putzger perspective: Freighter options
Shippers are desperate for capacity to make sure their goods get to market. Disruptions and equipment shortages have resulted in billions of dollars in lost business.In the US a growing number of shippers are considering a return to proprietary truck fleets.DIY equipment and materials retail giant Home Depot has even ...
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News
IAG Cargo volumes continue to recover in the second quarter
IAG Cargo saw its revenues and volumes improve in the second quarter of the year but demand still lags pre-covid levels.Revenues for the period grew by 13.6% year on year to €419m, while cargo tonne kms (CTK) improved by 72.8% on last year to 999m and tonnes carried increased 55.8% ...
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News
Virgin Atlantic Cargo extends Hong Kong handling deal with Hactl
Virgin Atlantic Cargo has extended its contract with Hong Kong cargo handler Hactl for a further five years.The airline said the deal meant customers can benefit from Hactl’s "3,500 Container Storage System positions, 10,000 Box Storage System positions and a comprehensive range of specialised cargo handling facilities to cater for ...