All articles by Damian Brett – Page 195
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News
Airfreight rates from Hong Kong and Shanghai stabilise
Airfreight rates from Shanghai and Hong Kong showed some signs of stabilisation last week, according to the latest figures from TAC Index.Numbers from the data provider show that airfreight rates from Shanghai to North America decreased by 0.8% week on week to $4.65 per kg, while from Shanghai to Europe ...
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NewsSF Airlines' freighter fleet hits 60
Fast expanding express carrier SF Airlines' fleet reached 60 aircraft with the delivery of a B757-200 on Sunday.The aircraft is the second added to the carrier's fleet this year and the 33rd B757-200F."This will provide core support for SF Airlines to continuously improve its air cargo capacity and participate in ...
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News
Schiphol cargo demand down despite more freighter flights
An increase in freighter flights at Amsterdam Schiphol in the first half of the year was not enough to offset volume losses due to the cancellation of passenger services.The Dutch hub recorded cargo volumes of 655,942 tonnes in the first half, a decline of 14.5% year on year as the ...
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NewsDigital air cargo bookings continue to grow despite Covid-19 outbreak
The use of air cargo online booking portals looks set to increase over the coming months, despite a slowdown in growth during the height of the PPE capacity crunch.Freightos chief marketing officer Eytan Buchman told Air Cargo News that its WebCargo booking platform, which has 22,000 users and claims to ...
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NewsHAECO strips out B777 seats for Cathay cargo flights
HAECO Xiamen has stripped out seats from Cathay Pacific B777s to increase their cargo capacity.The conversion and maintenance firm said that the modification is covered by a Supplemental Type Certificate and has been directly approved by the Hong Kong Civil Aviation Department (HKCAD). It also uses HAECO Xiamen’s HKCAD Part ...
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NewsForwarder Tigers appoints MD for China
Tigers has appointed Jana Schebera as its new managing director, China, adding a further layer of freight forwarding expertise as the logistics provider continues to find growth in Asia.Prior to moving to Tigers, Schebera spent more than a decade in the industry holding positions that included managing director for Hong ...
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NewsFTA to become Logistics UK later this month
UK supply chain group the Freight Transport Association has officially changed its name to Logistics UK.The group first announced plans for the change in February of this year, but the name change was delayed as a result of the Covid-19 outbreak.The move comes as the organisation looks to achieve more ...
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News
Cathay cargo volumes under pressure as company issues profit warning
Cathay Pacific Cargo saw its airfreight volume declines deepen in June as urgent demand for personal protective equipment continued to ease.The airline saw traffic in cargo and mail tonne km terms decline by 35.8% year on year to 596m in June, while cargo volumes were down 43.1% compared with last ...
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NewsAir Canada Cargo's Tim Strauss in surprise move to Amerijet
Tim StraussAir Canada Cargo’s Tim Strauss will become the new chief executive of freighter operator Amerijet from mid-August.The air cargo stalwart will take up his new role on August 17, with current chief executive Vic Karjian who is becoming the company’s executive chairman.Strauss is currently responsible for Air Canada’s cargo ...
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NewsDHL: Supply chains set to diversify in response to covid-19
DHL is expecting supply chains to diversify over the coming months in response to the coronavirus outbreak.The express giant today released a new study, produced in conjunction with Cranfield University in the UK, looking into the impact of the coronavirus outbreak on future supply chains.The study found that in the ...
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NewsFAA approves Pemco's B737-700 combi programme
The US Federal Aviation Administration (FAA) has approved Pemco Conversions' Passenger-to-FlexCombi (FC) conversion programme for Boeing 737-700s.The Pemco B737-700FC offers three configurations: a 24-seat cabin plus a 2,640 cu ft cargo hold for up to 30,000 lbs of payload in six pallet positions; a 12-seat cabin plus a 3,005 cu ...
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News
FTA welcomes UK government's Freeport plan
Logistics organisation Freight Transport Association (FTA) has welcomed the UK government's plans to establish 10 freeports but said questions about the scheme remain.The organisation said the move had the potential to unlock significant opportunities for international trade.However, Zoe McLernon, multimodal policy manager at FTA, added that it would like more ...
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News
CEVA launches new cargo booking platform
Freight forwarder CEVA has launched a new booking portal as it continues its digital drive.The system will initially be used for ocean transport but will eventually also be rolled out for air and road, although it has yet to announce a timeline for the roll out to these modes.The myCEVA ...
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NewsVolga-Dnepr Group expands Cainiao partnership with Madrid freighter flights
Volga-Dnepr Group (VDG) has added a new freighter flight from Hong Kong to Madrid on behalf of the Cainiao Network — e-commerce giant Alibaba's logistics arm — to cater for growing demand.The flights, which will operate via Liege, will be carried out by VDG's AirBridgeCargo using its B747 freighter aircraft. ...
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News
NTSB releases Atlas Air freighter crash findings
The National Transportation Safety Board (NTSB) has found that Atlas Air flight 3591 crashed outside Houston in 2019 after the first officer, due partly to sensory illusion, improperly reacted to inadvertent activation of the aircraft’s go-around mode.The NTSB, in conclusions released July 14, also cites first officer airmanship deficiencies and ...
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News
Transpacific airfreight rates edge back up
Transpacific airfreight rates increased last week as two US carriers temporarily back tracked on their plans for services to Hong Kong.The latest figures from TAC Index show that airfreight rates from Shanghai to North America increased by 4.2% week on week to $4.69 per kg while from Hong Kong to ...
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News
Volga-Dnepr Group restructures in light of Covid-19
The Volga-Dnepr Group is restructuring the organisation of the business in order increase flexibility by streamlining processes and speed up decision making.The changes mean that the airline group’s offices will have direct links to the points where decision are made by reducing the number of local vice presidents.Meanwhile, sales offices ...
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News
Virgin Atlantic finalises $1.5bn refinancing and aims for profit in 2022
Virgin Atlantic has finalised a $1.5bn (£1.2bn) refinancing package over the next 18 months, which the UK-based carrier says marks a “major milestone” in securing its future and under which it is aims to return to profit from 2022.The restructuring plan is based on a five-year business strategy and is ...
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News
Mesa Air Group to operate DHL Express freighters
Mesa Air Group has won a contract to provide air cargo services for DHL Express utilising Boeing 737-400F cargo aircraft.Under the agreement, Mesa will operate two cargo aircraft from DHL Express Americas global hub at Cincinnati/Northern Kentucky International Airport for a five-year term. The company will lease the aircraft from ...
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NewsANA Cargo appoints new EMEA cargo VP
Sadami SugimotoANA Cargo has appointed Sadami Sugimoto as its new vice president, cargo and mail, for the Europe, Middle East and Africa (EMEA) region.Sugimoto took up the role on July 1 and has 11 years' of experience in cargo, having worked in marketing, alliance, revenue management, mail sales and operations.He ...