All articles by Damian Brett – Page 193
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News
Expeditors outlines 'intense' and 'unsettled' Q2 for air cargo
Seattle-headquartered freight forwarder Expeditors has described the second quarter as "intense" and "unsettled" as a result of the supply-demand imbalance in air cargo.Summing up the second three months of the year, president and chief executive Jeffrey Musser said that the Covid-19 outbreak has had a significant and widespread impact on ...
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News
Chapman Freeborn partners with ATC in South America
Charter firm Chapman Freeborn has appointed sales agent ATC Aviation Services as its commercial representative for Latin America.The deal will see ATC sell on behalf of Chapman Freeborn in Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru and Uruguay.The two companies said that co-operation will strengthen their coverage in South ...
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News
Airfreight rates up as capacity comes under pressure
Airfreight rates from key Asian hubs continued to climb last week as ocean capacity shortages and personal protective equipment shipments pick up.The latest figures from TAC Index show that average airfreight rates from Hong Kong to North America last week climbed for the fourth week in a row as they ...
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News
Can e-commerce deliver for airlines?
With widespread gloom in the industry about the pace of passenger traffic’s return this year, the cargo market will remain a bright spot for airlines well into 2021, as growth in e-commerce displaces shipments of personal protective equipment as a major opportunity.That is the message from expert panelists in a ...
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NewsUN An-74 badly damaged in Mali landing accident
One of Utair Group’s freighter aircraft, an Antonov An-74 TK-100, has been substantially damaged in an accident at Gao in eastern Mali.The United National Multidimensional Integrated Stabilisation Mission in Mali – known as MINUSMA – said the aircraft was landing at Gao after arriving from the capital, Bamako, at around ...
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NewsCrane Worldwide appoints new CIO as it celebrates 12 years
Brannon KuykendallCrane Worldwide has appointed Brannon Kuykendall as its chief information officer, while it is also about to celebrate 12 years of operations.The forwarder said that Kuykendall has successfully led technology teams ranging from start-ups to Fortune 500 enterprises and has a diverse experience in software development, cyber security, compliance, ...
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News
US airlines set to boost cargo capacity with PAX seat removals
US airlines could soon be set to be able to remove seats from passenger aircraft in order to boost their cargo-carrying capacity.MRO firm Delta Engineering — no relation to the airline — has applied for supplemental type certificate (STC) approval that would allow it remove seats from a range of ...
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NewsAir France KLM cargo revenues up despite volume decline
Air France KLM saw its cargo revenues grow in the second quarter of the year despite a dramatic drop off in volumes.The French-Dutch airline group recorded a 44.4% year-on-year drop in cargo traffic during the second quarter to 1.2bn revenue tonne kms, but revenues increased by 5.2% on last year ...
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News
Sara Van Gelder to join Nallian
Sara Van Gelder from the cargo team at Brussels Airport will move to join air cargo software firm Nallian next month.Van Gelder will help airport communities that have adopted Nallian's cloud-based platform to get quick and maximum value from these initiatives.Van Gelder said that she had been instrumental in driving ...
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NewsAirfreight propels 'better than expected' Q2 results for DSV Panalpina
DSV Panalpina saw its airfreight revenues rapidly increase during the second quarter of the year as a result of the coronavirus outbreak and the ongoing integration of Panalpina.The forwarder saw airfreight revenues for the second-quarter increase by 164.2% year on year to DKK12bn, gross profit for its air business was ...
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News
Better than expected results for UPS in Q2
US parcels and logistics giant UPS saw “better than expected” financial results in 2020’s second quarter as consolidated average daily volume surged to a record 20.9% growth.Second-quarter 2020 consolidated revenue increased to $20.5bn, a 13.4% increase from the same period 2019.Adjusted net income was $1.9bn, 8.8% above the same period ...
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NewsSame-day network expanded to the US for time:matters
Time-critical logistics firm time:matters has expanded its same-day network to the US.The Lufthansa-group company said that it is now offering a total of 89 stations for the domestic transport of time-critical shipments to major economic centers in the US.The company is able to offer the service on 45,000 flights per ...
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News
Boeing confirms the end of its iconic B747
Boeing has confirmed that its Boeing 747 programme will come to end in 2022, bringing to an end the popular freighter model.The airframer said that it would continue to manufacturer the iconic aircraft at a rate of 0.5 per month until 2022, when the final aircraft will be built.Boeing had ...
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NewsDHL adds new life sciences facility in the US
DHL Global Forwarding has opened a new $1.6m facility in Indianapolis in the US as it continues to target the life sciences market.The building offers bonded services and three temperature controlled chambers: 15-25 degrees Celsius storage and handling, 2-8 degrees Celsius storage and handling and -20 degrees Celsius storage and ...
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News
BIFA welcomes latest round of customs declaration funding
Customs intermediaries based in the UK can apply for £50m of new funding to help expand declaration capacity ahead of the ending of the Brexit transition period.At the end of the year, the UK's transition period for leaving the European Union will come to end, meaning customs formalities and controls ...
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NewsTop 25 cargo airlines 2019: FedEx retains the top spot as Qatar climbs
FedEx was last year the world's busiest cargo airline despite volumes remaining flat on a year earlier, while Qatar moved into second place and UPS was up to third, according to IATA's World Air Transport Statistics (WATS) report. (See end of report for full chart).Last year was a tough 12 ...
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NewsNew MD revealed for CargoLogic Germany
Dierk Näther is set to return to CargoLogic Germany as the all-cargo carrier's new managing director.Air Cargo News sister title DVZ reports that Näther will take over the management of the Leipzig/Halle Airport-based freighter operator on August 1, succeeding Johannes Jähn, who surprisingly resigned his position earlier this week.Näther is ...
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NewsGebrüder Weiss swoops on Ipsen Logistics' units
Caption: At the signing of the contract in Bremen (from left): Hans-Christian Specht and Eduard Dubbers-Albrecht (both Managing Directors at Ipsen Logistics) with Lothar Thoma (Managing Director Air & Sea at Gebrüder Weiss) and Wolfram Senger-Weiss (Chairman of the Management Board of Gebrüder Weiss). (Source: Ipsen Logistics / Bettina Conradi)Gebrüder ...
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News
FedEx pilots call for Hong Kong flights to be suspended
FedEx pilots have called on the express company to suspend services to Hong Kong as a result of "unacceptable risks" related to the Covid-19 outbreak.The Air Line Pilots Association, Int’l (ALPA) has passed a resolution calling on their company to suspend operations in Hong Kong after pilots were forced into ...
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News
Air cargo declines narrow in June as market remains 'exceptionally challenging'
Airfreight traffic declines showed some signs of improving in June but business remains "exceptionally challenging", according to the latest IATA market wrap-up.The airline association's latest data shows that air cargo demand in cargo tonne km (CTK) terms declined by 17.6% year on year in June, which is a "modest" improvement ...