All articles by Damian Brett – Page 172
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News
Shipping line CMA CGM to launch A330F air cargo operation
France-based container shipping line CMA CGM is set to enter the air cargo market with a fleet of four Airbus A330-200 freighters.The aircraft will be offered through the carrier's new CMA CGM Air Cargo division and answer "growing demand" for "agile solutions".CMA CGM, which also owns top 20 freight forwarder ...
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CargoJet confirms B777F additions as it targets international growth
CargoJet has confirmed plans to enter the B777 freighter market and add extra B767F aircraft to meet international growth opportunities.Earlier this month, the lessor and operator raised C$365m through an equity deal. The money will be used to pay off debt and acquire new aircraft.The company said that two Boeing ...
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Jacquet appointed interim CEO at Liege Airport after dismissal of Partoune
The Liege Airport board of directors has appointed Frédéric Jacquet as interim chief executive of the hub after the dismissal of Luc Partoune.The Liege Airport board of directors met on February 9 and decided to dismiss chief executive Luc Partoune with immediate effect.Reports allege that audits revealed several irregularities,which led ...
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WFS opens new cargo terminal at Brussels airport
Cargo handler Worldwide Flight Services (WFS) has opened a new 250,000-tonne capacity cargo terminal at Brussels Airport.The new 25,000 sq m facility is in addition to the handler's existing 11,000 sq m warehouse and office operation at the airport which opened in the Brucargo West development zone in 2019.The new ...
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Five forwarders continue to lead online sales charge
Freight forwarders have improved their ability to provide instant quotes digitally, but this is led by the same group of five companies with others lagging behind.The latest annual mystery shopper report from booking portal Freightos showed that its research showed that more than 25% of digitally requested quotes were provided ...
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BIFA urges forwarders to consider apprenticeship schemes
UK forwarder group BIFA has repeated its call for freight forwarding and logistics companies to consider recruiting apprentices.The group said that apprentice schemes have been cut back as a result of the Covid-19 outbreak, but added that the industry needed to look to the future.One of BIFA's executive directors, Carl ...
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Record cargo volumes at Anchorage International
Ted Stevens Anchorage International Airport (ANC) handled record cargo volumes last year as e-commerce soared and the use freighters to carry cargo increased.The airport, which has a large number of freighter services, saw its cargo volumes increase by 16% year on year to 3.5m tonnes.“The tremendous surge in cargo volumes ...
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NewsAir New Zealand launches Guangzhou PAX-cargo flights
Unloading in Guangzhou. credit: Wang Bingyi from Guangzhou Baiyun AirportAir New Zealand has launched PAX-cargo flights between Christchurch and Guangzhou for the first time.The airline operated the first three return services to Guangzhou last week. Starting this week, the airline will operate two multi-stop services a week using its Boeing ...
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DSV back on the acquisition trail after strong 2020
DSV Panalpina saw its revenues and profits jump last year and is taking aim at another large acquisition following the integration of Panalpina.Last year, the Copenhagen-headquartered logistics firm saw its revenues increase by 22.4% year on year to Dkk115.9bn, earnings before interest and tax (ebit) before special items was up ...
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Long-term air cargo capacity outlook remains uncertain
While air cargo capacity is expected to remain constrained in the short term, opinion is divided on the supply-demand balance in the longer term.Speaking during Cargo Talks, an online event hosted by from Turkish Cargo, Wouter Dewulf, academic director, C-MAT, University of Amsterdam, said that it was likely that cargo ...
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SF Holding set for $2.3bn Kerry Logistics investment
Express firm SF Holding is set to buy a majority stake in Kerry Logistics as it looks to build its international supply chain presence.The proposed deal will see SF Holding take a 51.8% stake in Kerry Logistics, with the deal valued at around $2.3bn.News that a deal could take place ...
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NewsWarwick Brady takes CEO role at handler Swissport
Warwick BradySwissport International has appointed Warwick Brady as the company’s new president and chief executive.Brady will replace Christoph Mueller, who assumed the chief executive on an interim basis after he was appointed to the board of directors of Swissport in December of last year.Brady is currently the chief executive of ...
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Heathrow and East Midlands apply for UK Freeport status
Heathrow Airport and an East Midlands consortium have applied for Freeport status in the UK.The government closed the application period for Freeport status on Friday, with 30 bidders thought to have submitted proposals.Companies using Freeports will be able to import goods without paying tariffs, process them into a final good ...
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Swissport wins Lufthansa cargo deal at Heathrow
Swissport in the UK has won a contract to handle the Lufthansa Group's cargo volumes at Heathrow Airport.Swissport said the contract win meant it now handles the German airline group’s cargo at all of its UK destinations, this includes Lufthansa, SWISS and Austrian Airlines."We are pleased to be able to ...
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Modal shift to air to continue as ocean shipping faces ongoing crunch
Current modal shift from ocean to air is expected to continue as chaos in the container shipping industry is expected to continue beyond the Chinese New Year.Seko Logistics chief growth officer Brian Bourke said that this year its seafreight team had been offering customers airfreight capacity as an alternative to ...
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BelugaXL set for transatlantic flying?
Airbus is to seek extended twin-engined operations (ETOPS) approval for the BelugaXL outsize transporter, in order to support commercial services involving overwater flights.Three BelugaXLs, based on the A330, have been built, the most recent introduced in October 2020. Another three will be manufactured, the last two of which will have ...
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SF Holding set to invest in Kerry Logistics?
China-based express firm SF Holding is considering investing $5bn in Kerry Logistics, according to Bloomberg.Unnamed sources told the newswire that the Shenzhen-listed firm will invest in a stake of around 20%.The news comes after shares in SF Holdings, which owns SF Express and SF Airlines, were suspended on Friday for ...
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Air cargo capacity expected to remain constrained
Air cargo capacity is expected to remain constrained for some time, resulting in forwarders increasingly relying on charter operations.In the latest Baltic Exchange airfreight rate newsletter, Bruce Chan, vice president of global logistics at investment bank Stifel, said that vaccination programmes were expected to lead to a pick-up in passenger ...
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SpiceJet renews with SmartKargo
SpiceJet has renewed its contract with shipment data platform SmartKargo as it looks to utilise the platform for its pharma business.The platform provides its airline users with shipment tracking, e-AWBs, customer/agent booking and capacity management.The airline said that it, along with its Spice Xpress cargo business, was using the platform ...
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NewsAir cargo heroes going not just the extra mile, but way beyond
Exceptional times call for exceptional measures. The past year has been a real challenge – and air cargo executives around the world have often asked us, the freight publications, to help express their gratitude to those who have kept the world moving.So nine airfreight titles have suspended competitive concerns today ...