All articles by Damian Brett – Page 64
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News
Flexport set for another round of job cuts
Reports suggest freight forwarder Flexport will make a third round of redundancies in just over a year.Tech publication The Information last week reported that the forwarder will cut 20% of its staff, equating to around 500 people.The company last year cut 20% of its staff in mid-January as it was ...
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NewsChapman Freeborn adds to Americas team
Chapman Freeborn has appointed Leo Teplitskiy as director of key cargo accounts for the Americas.In his new role, Teplitskiy will oversee all account operations of Chapman Freeborn’s air cargo team to further expand the company’s client and supplier base across the region.This will include the development of new business and ...
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News
US carriers see cargo revenues slide in 2023
The big three US airlines saw their cargo revenues decline last year as rates and volumes came under pressure.United Airlines - the largest of the three in terms of cargo volumes - registered a 31.1% year-on-year decline in cargo revenues in 2023 to $1.5bn.At American Airlines there was a 34.1% ...
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News
Two-month delay to ANA's Nippon Cargo takeover
All Nippon Airways (ANA) has again delayed its takeover of freighter carrier Nippon Cargo Airlines (NCA) as regulators continue to examine the deal.ANA had been hoping to complete the transfer of shares on February 1 but this has now been pushed back until April 1.The Tokyo-headquartered carrier explained that the ...
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NewsATI president O'Grady retires
O'Grady (L) and Betson (R). Source: ATSG via Business WireAir Transport Services Group (ATSG) airline subsidiary Air Transport International (ATI) has appointed a new president following the retirement of James O'Grady from the role.O'Grady has served as president of ATI since January 2016 and prior to that had been chief ...
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NewsMightyFly unveils new cargo drone
Source: MightyFlyAutonomous drone firm MightyFly has unveiled a new cargo aircraft and gained approval for a US air corridor.The new Cento eVTOL can carry around 45 kg more than 950 km. MightyFly said the aircraft’s cargo bay is significantly larger than its second-generation predecessor."This enlarged cargo bay will allow the ...
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News
Atlas Air Worldwide appoints new chief information officer
Atlas Air Worldwide Holdings has appointed Joel Goldberg as senior vice president and chief information officer.Goldberg will report to the firm's chief executive Michael Steen and will also serve as a member of the company’s executive leadership team.He has nearly three decades of experience "leading digital transformation initiatives at global ...
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NewsGCL continues recruitment drive with CGO appointment
Brent Nagy. Source: CGLGlobal Critical Logistics (GCL) has appointed Brent Nagy as its chief growth officer as the company continues its expansion drive.In his new role at the time-critical and entertainment logistics specialist, Nagy will help drive growth, strategic partnerships, and cross-selling initiatives to offer superior customer solutions across GCL’s ...
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NewsJanuary air cargo volumes "significantly up" on last year
Worldwide air cargo demand in January remains "significantly up" on a year ago with improvements across nearly all the main regions, according to the latest figures from data provider WorldACD.Figures from the company show that in the two weeks running to January 21, air cargo demand levels are up 5% ...
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News
Cathay Cargo volumes continue recovery in 2023 but still lag 2019 levels
Cathay Pacific saw its cargo volumes continue to recover last year following Covid-related lockdowns in 2022, but demand still lags behind 2019 levels.The Hong Kong-hubbed carrier group handled 1.4m tonnes of cargo last year, which is a 19.6% improvement on 2022 when Covid-related lockdowns resulted in freighter and passenger flights ...
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News
Cargo-partner aims to head off Europe-Mexico disruption with new consol service
Logistics firm cargo-partner has expanded its air consolidation service by adding a new route between Germany and Mexico as it looks to combat disruption on the route.The service will operate between Frankfurt and Felipe Ángeles International Airport and was launched as shippers face a "tense market situation" on services between ...
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NewsMenzies grows in Hong Kong with Jardine investment
Source: Menzies AviationMenzies Aviation has invested in a 50% stake in Jardine Aviation Services Group (JASG) as it looks to expand operations in the Asia Pacific region.The stake was purchased from Asia-focussed conglomerate Jardine Matheson and is a joint venture with China National Aviation Corporation (CNAC), which will remain co-owner ...
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NewsHainan selects SATS for cargo handling in Saudi Arabia
Source: SATSHainan Airlines has awarded a contract to SATS for cargo handling services in Saudi Arabia.The carrier operates three Airbus passenger flights a week to Riyadh and Jeddah and the new contract will see SATS providing warehouse handling services for over 2,400 tonnes of import, export, and transit airfreight annually, ...
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News
Sea-air to come to the fore as Red Sea crisis drags on
Kerry Logistics has reported increased interest in its sea-air services, mirroring reports of growing enquiries for alternatives to ocean shipping due to the Red Sea crisis.The Hong Kong-headquartered forwarder said that its sea-air and road-air services across Eurasia have recently garnered increased interest.The company said that its sea-air solution transports ...
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News
DHL Global Forwarding completes the integration of Danzas AEI
DHL Global Forwarding has finalised its takeover of Danzas AEI Emirates, with all facilities now rebranded to DHL.The forwarder first announced the takeover of its partner in October last year.Before the takeover, DHL had owned 40% of the UAE-based forwarder with the remaining 60% owned by Investment Trading Group, which ...
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News
JAL Cargo adds capacity to WebCargo
JAL Cargo has continued to expand its online offering by adding its cargo capacity to booking portal WebCargo.Freight forwarders will be able to book JAL's capacity for flights to Japan and other Asian countries from Japan, Europe and the UK.Japan Airlines executive officer for cargo and mail said: “Digital transformation ...
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NewsFraport and DAKOSY team up on cargo community JV
Martina Schikorr (r) and Dirk Gladiator (l) Source: allivate.Air cargo software firm DAKOSY and airport operator Fraport have established a joint venture to develop cargo community systems.The new joint venture will be named Allivate and each of the two companies will hold of 50% share.Martina Schikorr of Fraport and Dirk ...
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News
Hongyuan partners with Strike on pharma, perishables and animals from Brussels
The Hongyuan Group has selected Strike Aviation to provide GSSA services for its perishable, pharma and animal shipments on flights out of Brussels.The airline group operates under KF flight numbers from Brussels directly into Chengdu Shuangliu International Airport, with maindeck and lower deck connections into major domestic destinations such as ...
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NewsDHL Express and Singapore Airlines add fifth freighter
Source: Ian Dewar Photography/shutterstockDHL Express and Singapore Airlines (SIA) have deployed the fifth and final freighter as part of a tie-up signed in 2022.The Boeing 777 freighter, which offers a payload capacity of 102 tons, will be based in Singapore and be used to expand capacity between Asia and the ...
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NewsLogistics UK calls for dedicated logistics and supply chain minister
Source: PHOTOCREO Michal Bednarek/shutterstockUK supply chain organisation Logistics UK has called on the country's government to appoint a dedicated minister for logistics and supply chain.Logistics UK said the position would help drive future economic growth across the whole economy.The call was made as part of the organisation's election manifesto, issued ...