All articles by Damian Brett – Page 169
-
News
Top air forwarders expect continued capacity constraints for 2021
The heads of Deutsche Post (DP) DHL and Kuehne+Nagel (K+N) are both expecting airfreight capacity to remain constrained for the rest of the year.Speaking to analysts following the announcement of K+N's 2020 financial figures, the forwarder's chief executive Detlef Trefzger was asked whether he expected airfreight rates to collapse this ...
-
NewsHellmann appoints new chief of commercial
Patrick Oestreich, HellmannHellmann Worldwide Logistics has appointed Patrick Oestreich as its chief commercial officer (CCO), succeeding Jens Möller who took over the position on an interim basis in August of last year.As CCO and member of the executive board, Oestreich will be responsible for the global sales leadership team, which ...
-
News
Dates confirmed for Multimodal event
UK logistics exhibition Multimodal has announced plans for the event to go ahead on October 19 to 21.The annual exhibition, which brings together thousands of people from across the supply chain, takes place at the NEC in Birmingham and also features conference sessions, networking and an awards.“We have been building ...
-
News
Qatar Cargo offers discounts to local manufacturers
Qatar Airways Cargo will offer offer discounted rates to local Qatari manufacturers that are clients of Qatar Development Bank (QDB).The special discount is available to more than 350 Qatari exporters – QDB clients – that wish to export their locally made products on Qatar Airways Cargo flights.The two partners said ...
-
NewsDHL opens new Malpensa hub as it looks to expand in Italy
New DHL Milan Malpensa facilityDHL Express has opened a new €110m logistics hub at Malpensa Airport as part of an ongoing investment in Italy.The express giant said that from its new hub it would be able to operate more than 30 flights per day and handle nearly 38,000 pieces per ...
-
NewsHeathrow perishables firm 'crippled' by new emission rules
PML managing director Mike ParrHeathrow airport-based logistics firm Perishable Movements Ltd (PML) has hit out at new emissions rules saying they are crippling its business.PML managing director Mike Parr has written to the Mayor of London, Sadiq Khan, to outline how the extension of the city's Low Emissions Zone to ...
-
NewsIcelandair to add B767 freighters through Titan deal
Icelandair is selling two B767-300ER aircraft to Titan Aircraft Investments (TAI) that will be converted into freighters and leased back to the airline.TAI, which is a joint venture between Atlas Air-owned Titan Aviation Holdings (TAH) and Bain Capital Credit, said that following conversion, the aircraft would be placed on long-term ...
-
NewsPortal cargo.one adds new VP as it targets growth in the Americas
Chad TiborCargo.one has appointed Chad Tibor as its vice president and general manager for the Americas.The air cargo booking portal said Tibor, who joins from travel technology company Sabre, would shape its airline growth strategy with a focus on the American continents."My mission as the leader of the Americas airline ...
-
NewsCargoAi adds advisory board
From left to right: Markus Flacke, Liana Coyne, Cyril Dumon and Ricardo PilonAir cargo booking portal CargoAi is adding a board of advisors to help steer the future of the company.The board will initially be formed of four members, but others are expected to join in the future.The current members ...
-
NewsAir cargo and e-commerce help DP DHL to record earnings
Air cargo and e-commerce were two of the star performers at Deutsche Post (DP) DHL last year as operating profits reached record levels.The German parcels and logistics giant last year saw revenues increase by 5.5% year on year to €66.8bn, earnings before interest and tax (ebit) were up 17.4% to ...
-
NewsFirst Choice Staff expands into cargo handling recruitment
Colin Blusch (left), Aviation Business Development Manager, with First Choice Staff Director, Chas Dowton.UK freight and logistics recruitment firm First Choice Staff is expanding its offering to airport services, cargo and ground handling companies following the appointment of Colin Blusch as aviation business development manager.Based at First Choice Staff’s head ...
-
News
Lufthansa Cargo downplays impact of vaccine volumes
Lufthansa Cargo is not expecting Covid-19 vaccine volumes to have as much of an impact on the air cargo market as many had first thought.Speaking following the announcement of the cargo firm's 2020 financial results, chief executive Dorothea von Boxberg outlined findings from Accenture Strategy and Consulting, which estimate that ...
-
News
Shippers urged to get creative to combat space shortages
Shippers have been urged to get creative as capacity shortages and high rates in air cargo and other modes are expected to continue.In the latest Baltic Exchange airfreight rate newsletter, Bruce Chan, vice president of global logistics at investment bank Stifel, said that over the next few months capacity could ...
-
News
Lufthansa Cargo expects a good 2021 and rates to ease in H2
The newly appointed chief executive of Lufthansa Cargo, Dorothea von Boxberg, is expecting another good year in 2021 but adds that rates are likely to cool in the second half.Lufthansa Cargo yesterday announced a record adjusted operating profit of €772m, more than double the previous record of €342m in 2010.The ...
-
News
Monthly airfreight rates stable in February on key trades
Average monthly airfreight rates on key trade lanes were largely static in February compared with a month earlier but remain well above last year’s levels.The latest statistics from Baltic Exchange Air Freight Index (BAI) show that average prices from Hong Kong to North America in February reached $6.42 per kg, ...
-
NewsLufthansa Cargo announces record profits and another B777F
Dorothea von Boxberg Credit: Lufthansa CargoLufthansa's air cargo business reported record operating profits last year and has also announced plans to add another Boeing 777 freighter to its fleet.The Lufthansa Logistics division, which includes Lufthansa Cargo, Jettainer, time:matters and its equity investment in AeroLogic, saw earnings before interest and tax ...
-
News
Cargo wholesalers team up on Europe-Australia service
Europe-based Wholesale by Vels and Australian firm Consol Alliance have entered into a strategic partnership to develop air cargo business on the Europe-Australia route.Initially, the new alliance will operate weekly, trade-only unitised airfreight consolidations from Amsterdam Schiphol to major Australian airports.The service frequency is expected to increase over the coming ...
-
News
Latest B777 conversion programme moves forward
Sequoia Aircraft Conversions will partner with advisory firm Split Rock Aviation on a second B777-300ER freighter conversion programme.The two partners said that Sequoia’s Wichita based B777-300ER freighter conversion programme will focus on weight reductions and design efficiency to meet the most stringent environmental and regulatory requirements. The engineering package will ...
-
News
East Midlands Airport consortium gains UK Freeport status
An East Midlands consortium, including the airport, was one of eight companies selected for Freeport status in England.The East Midlands bid for Freeport status was submitted by a consortium led by the two local enterprise partnerships, including East Midlands Airport.The proposition is based around the East Midlands Airport Gateway Industrial ...
-
NewsAir New Zealand expands network as exporters turn to air cargo
Alex LarsenThe last few months have seen Air New Zealand open new cargo connections as it looks to meet demand from the country's exporters.Alex Larsen, head of global sales at the Auckland-headquartered airline, told Air Cargo News that the carrier recently expanded its network with twice-weekly services to Guangzhou, operating ...