All articles by Damian Brett – Page 61
-
NewsMenzies expands cargo facility at Budapest Airport
Source: Budapest AirportMenzies Aviation has expanded its cargo handling terminal at Budapest Airport’s (BUD) Cargo City as it looks to meet growing volumes.The expansion will increase Menzies’ cargo capacity at the airport from 49,000 tons to 85,000 tons per year.The upgrades include a 3,000 sq m warehouse expansion, a 1,500 ...
-
News
CHAMP launches new e-commerce service for ICS2 compliance
CHAMP Cargosystems has added a new service that will enable companies transporting e-commerce shipments to comply with the European Union's latest ICS2 rules.The Traxon Global eCommerce (TGE) service will address the requirements of cargo pre-load security filings and pre-arrival filings for e-commerce shipments under ICS2.CHAMP said the latest phase of ...
-
News
New cargo carrier FarCargo selects Nordic GSA
Recently-launched Faroe Islands-based carrier FarCargo has selected Nordic GSA as its sales agent.The GSA will offer the airline's cargo space from Newark International Airport in New York to Billund in Denmark and to the Faroe Islands.The agreement will also cover all electronic data interchange (EDI) transmissions and data capture.Meanwhile, Globe ...
-
NewsStarlux to enter the freighter market with A350F order
Source: AirbusTaiwan-based Starlux Airlines will enter the freighter market after it placed an order for five Airbus A350 cargo aircraft at the Singapore Airshow.The carrier's chief executive, Glenn Chai, said the entry into the freighter market would enable the carrier to capitalise on "the strategic advantages offered by Taiwan's geographical ...
-
News
Avianca Cargo continues digital expansion
Avianca Cargo has continued with the expansion of its digital services by adding a direct connection to freight forwarder platform CargoWise.The integration means that forwarders using the WiseTech Global-owned platform to manage supply chain operations will now be able to plan, book, confirm and manage shipments on Avianca flights in ...
-
NewsDurban airfreight terminal sees volumes spike due to port congestion
Source: Dube Cargo TerminalDube Cargo Terminal at King Shaka International Airport has seen air cargo volumes spike in recent months as a result of congestion at South Africa's sea ports.The terminal company said that in the last four months of 2023, its air cargo volumes were up 57% quarter on ...
-
News
Challenge Handling expects rapid volume increase in 2024
The Challenge Group is expecting its air cargo handling volumes at Liege Airport to rapidly increase this year following a series of new contract wins.Last year, Challenge Handling saw its volumes at the Belgian cargo hub decline by 6.8% year on year to 256,422 tonnes."This shift can be attributed to ...
-
News
Airfreight rates slide in line with Lunar New Year holiday demand decline
Airfreight rates began their Lunar New Year holiday decline last week after rising in the first six weeks of the year.The latest figures from TAC Index show that last week overall airfreight rates slipped by 8.2% compared with the week before and are down 21.2% from a year ago."Despite ongoing ...
-
News
Lufthansa cargo operations set to be hit by latest strike action
Lufthansa's cargo operations are set to face disruption this week as ground staff launch another round of strike action.As many as 25,000 members of the Ver.di union working for Deutsche Lufthansa, Lufthansa Technik and Lufthansa Cargo in Germany are joining the industrial action.The action starts at 8pm February 19 and ...
-
News
WestJet eyes digital developments in 2024
WestJet will this year target digital investments in cargo as well as network and product expansion following the launch of freighter operations last year.The Canada-based combination carrier's cargo business said that in 2024 it would launch a new website "in anticipation of a shift towards more self-service options".WestJet Cargo added ...
-
News
India's air cargo industry sets ambitious growth targets
India has set an ambitious target of reaching 10m tons of air cargo handled per year by 2030, attendees at the Air Cargo India event in Mumbai were told.“This is India’s time for growth,” said Sanjiv Edward, chief executive – cargo and logistics at the GMR Group which operates Delhi, ...
-
NewsAir cargo market shows signs of cooling after busy start to 2024
The latest figures show that the air cargo market is beginning to cool after a brisk start to the year caused by the Red Sea crisis and pre-Lunar New Year (LNY) rush.Figures from analyst WorldACD show that in week six, tonnages out of China declined by 2% compared with the ...
-
News
Etihad Cargo reports record pharma volumes
Etihad Cargo reported record cargo volumes last year following investments in its cool chain services.The Abu Dhabi-headquartered airline saw its pharma volumes increase by 37% year on year in 2023 while fresh and perishable shipments were up 10%.The airline said that the increases had come despite challenging market conditions and ...
-
NewsSmartLynx Airlines appoints new CEO
Source: SmartLynxFast-growing carrier SmartLynx Airlines has appointed Edvinas Demenius as its new chief executive.Demenius, who replaces Zygimantas Surintas, has been a board member and chief commercial officer of SmartLynx Airlines for more than seven years.Jonas Janukenas, chief executive of Avia Solutions Group, said: "I believe that SmartLynx Airlines is ready ...
-
News
Emirates expands e-commerce service to Kuwait
Emirates SkyCargo is continuing to expand its e-commerce delivery service with the addition of services to Kuwait.The Emirates Delivers service allows people based in Kuwait to order products from websites in the UAE, UK and the US and then have them delivered to their homes.Items are delivered from the retailer ...
-
News
Bangkok handler BFS lifts its import cargo embargo
Handler Bangkok Flight Services (BFS) has cut short its embargo on import goods after it managed to clear a backlog caused by a surge in volumes.The Bangkok Suvarnabhumi Airport handler had been planning to run the embargo between midnight on Monday February 12 and the same time on Sunday February ...
-
News
SGL: Lunar New Year break set to cool "red hot" air cargo market
Scan Global Logistics has described the current airfreight market as "red hot", but it expects the situation to cool now the Lunar New Year holiday in Asia is underway.The forwarder reports that over the last few weeks, there has been a rush in demand ahead of the 14-day Lunar New ...
-
NewsFlower volumes bloom for air cargo when love is in the air
Flower volumes have been blossoming over recent weeks as people all over the world invest in bouquets for their loved ones. The air cargo industry plays a vital role in helping people celebrate the time of year when love is in the air. Keep an eye on this page to ...
-
News
European Commission green lights Korean Air takeover of Asiana
Korean Air has completed another regulatory hurdle for its drawn-out acquisition of Asiana Airlines after the European Commission (EC) this week approved the deal.To gain approval from Brussels, the two airlines agreed to sell Asiana's freighter business after the commission had initially rejected the deal over concerns about its impact ...
-
NewsBFS the latest handler to add an embargo due to cargo surge
Source: SIHASAKPRACHUM/Shutterstock.comHandler Bangkok Flight Services (BFS) has become the second firm this week to add an embargo on general cargo imports due to a surge in volumes.The Bangkok Suvarnabhumi Airport handler said that it would not accept import cargo between midnight on Monday February 12 and the same time on ...