All articles by Damian Brett – Page 63
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News
Challenges and opportunities for air cargo outlined at World Cargo Summit
Things are “going well” for air cargo, delegates at the World Cargo Summit in Bangkok on January 30 were told.Steve Saxon, a partner with McKinsey who leads its Asia Pacific airlines practice, outlined four reasons why the sector is buoyant despite an increasingly fraught world situation, but also signalled some ...
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News
WestJet Cargo selects GSA Awesome Cargo for US flights
WestJet Cargo has appointed Awesome Cargo as its US sales agent for capacity out of the US.The Aerocharter GSA-owned firm will market cargo capacity on the airline’s passenger and freighter flights operating from the US to Canada and Mexico.The two companies have been working together on the airline's services out ...
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News
Swissport sees air cargo volumes decline in 2023
Ground handler Swissport saw its air cargo volumes decline last year as economic conditions took their toll.Swissport handled a total of 4.7m tonnes of cargo last year at 115 air cargo centres worldwide compared with 4.8m tonnes in 2022."Wage inflation, rising interest rates and the wars in Ukraine and Gaza ...
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News
UK forwarders urged to take on apprentices despite uncertain market
UK freight forwarder association BIFA has urged its members to consider recruiting apprentices ahead of National Apprentice Week despite the current market uncertainty.To help drum up support, the association will on February 8 run an online event to help members navigate the "perceived red tape" when recruiting apprentices."Most of the ...
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News
Geodis sets new emissions reduction targets
Freight forwarder Geodis is targeting a 42% reduction in its own greenhouse gas emissions and a 30% reduction in subcontracted transport emissions.The company said that it would reduce its carbon emissions through the application of the Science Based Targets initiative (SBTi), in compliance with the goal of the Paris Agreement ...
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NewsTallinn Airport City to develop new cargo terminal
Source: Tallinn Airport CityBusiness park Tallinn Airport City and Maru Construction have signed a contract for the design and construction of a new cargo terminal on the southern side of the Estonian airport.The new €8m terminal will measure 5,250 sq ms, with 1,450 sq m of office space and 3,800 ...
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NewsJettainer appoints new North Asia general manager
Source: JettainerULD management firm Jettainer has appointed Elfi Chik as its new general manager for sales in North Asia.Chik will be based in Hong Kong and is tasked with developing and expanding market opportunities for Jettainer in China and North Asia.She began her career with ground handler Hong Kong Airport ...
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Insights
Airfreight forwarding 2024: Riding turbulence and embracing new skies
As the echoes of November's dynamic airfreight markets faded, two distinct melodies have lingered: the hum of resilience in the face of adversity and the soaring anthem of adaptation.The Baltic Air Freight Index, propelled by forward bookings and a renewed hope for a smoother peak season, climbed an impressive 17.2% ...
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InsightsSurvey: Air cargo optimistic for the year ahead
Air Cargo News recently carried out a survey of airfreight professionals and found the majority are expecting market conditions to improve this year.The air cargo industry is optimistic the market will improve in the coming year, with expectations that both volumes and rates will increase in 2024.A survey of more ...
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News
Schneider looks to utilise more ocean shipping and SAF to reduce emissions
Schneider Electric is continuing its efforts to cut emissions through increased use of ocean transport and sustainable aviation fuel (SAF) though a new partnership with DHL Global Forwarding.The two firms will develop what they have termed multimodal shipping bridges between Singapore and North America and between India and North America ...
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News
ATI pilots request arbitration over contract negotiations
The potential for strike action at Air Transport International (ATI) edged closer this week when pilots requested the US National Mediation Board (NMB) declare an impasse and move to arbitration.Pilot union the Air Line Pilots Association, Int’l (ALPA) said that the move was a first step in pursuing a legal ...
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News
Alaska Air Cargo reports return of full schedule following 737-9 checks
Alaska Air Cargo has said its bellyhold operations are returning to full strength following the grounding of its Boeing 737-9 aircraft on safety grounds earlier this year.The airline said that the aircraft had passed "rigorous inspections" after the US Federal Aviation Administration (FAA) issued an emergency airworthiness directive (EAD) requiring ...
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NewsDSV sees air revenues and volumes tumble in 2023
DSV's airfreight revenues, volumes and gross profits all took a hit last year due to improved ocean shipping operations, high inventories and a weak consumer market.The Denmark-headquartered forwarder reported a 44.1% year-on-year decline in air revenues in 2023 to Dkr50.6bn, gross profit for the year was down 27.9% to Dkr13.4bn ...
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News
IATA updates industry manuals for cargo and ground handling
IATA has updated its industry manuals for cargo and ground-handling operations, with more than 300 updates made.Some of the major changes in terms of cargo include those made to regulations related to live animals, perishable cargo, temperature-controlled cargo, operational risk assesment, and ground handling training and procedures.The annual update is ...
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News
Airbus Beluga Transport gains approval for US flights
Airbus Beluga Transport (AIBT) has been granted permission to conduct flights between Europe and the US.The carrier gained its AOC in November last year and has already conducted flights in the European Union (EU) using its fleet of BelugaST freighters.It applied for a Foreign Air Carrier permit from the US ...
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News
UPS to cut 12,000 jobs as market downturn bites
UPS has announced it will cut more than 12,000 jobs as part of efforts to reduce costs in light of continuing market weakness.The express giant's chief executive Carol Tomé said the job cuts would save the company $1bn per year. UPS is also considering selling its Coyote truck brokerage business.Most ...
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NewsQatar Airways appoints new head of cargo
Mark Drusch. Source: Qatar CargoQatar Airways Cargo has appointed Mark Drusch as its chief officer cargo to replace Guillaume Halleux who left the role in September last year.The carrier said that Drusch, described as a "well-known figure in the aviation world" would take up the role at the world's largest ...
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News
IATA: Air cargo improves in December but declines for the full year
Air cargo demand surged in December last year but it was not enough to push overall figures for the year into positive territory.IATA figures show that air cargo tonne kms (CTK) for December were up 10.8% year, but CTKs for the whole year were down 1.9% on 2022 levels and ...
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News
Airfreight rates on the up as January draws to a close
Airfreight rates in January climbed as the month progressed due to the approaching Lunar New Year holiday and anecdotal reports of a move from sea to air due to the Red Sea crisis.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that in the last full week of ...
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NewsTurkish Cargo adds three pharma service levels
Source: Turkish CargoTurkish Cargo has expanded its pharma offering with three new standards to meet varying demands from customers.The three pharma products are named TK Pharma Standard, TK Pharma Extra and TK Pharma Advanced and include various levels of service.TK Pharma Standard shipments are moved in compliance with industry standards ...