All articles by Damian Brett – Page 72
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NewsAir cargo outlook: Subdued demand expected in 2024
Source: Air Cargo NewsAir cargo executives are expecting air cargo demand in 2024 to be flat or at best slightly above this year's levels, according to speakers at the Tiaca Executive Summit event.Adopting probably the most positive outlook for air cargo demand in 2024 at the event was data provider ...
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News
Turkish Cargo eyes a fleet of 40 freighters
Turkish Airlines has given more details on its plans to expand its freighter fleet over the coming five- to 10-year period.Speaking at the Tiaca Executive Summit hosted by Brussels Airport, Turkish Airlines chief cargo officer Turhan Özen said the carrier had ambitious plans for its passenger fleet and in line ...
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News
Lufthansa Cargo launches new high-speed service
Lufthansa Cargo has launched a new high-speed service for cargo shipments.The new td.Zoom service offers the carrier's fastest transport times, with ramp supervision during aircraft loading and unloading, dedicated ramp transfer from the warehouse to the aircraft and vice versa as well as tail-to-tail transfer on demand at its hubs ...
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NewsFreighter operator Teleport adds another partner with VietJet tie up
Source: TeleportMalaysia-based cargo airline Teleport has continued to expand its airline partnerships through a new agreement with VietJet.The two airlines this week signed a Memorandum of Understanding (MoU) at the Air Cargo Southeast Asia 2023 event in Singapore.The partnership will combine Teleport's Southeast Asia network with VietJet's global operations.The move ...
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News
Global Critical Logistics expands in Asia Pacific with double deal
Time-critical and live event logistics firm Global Critical Logistics (GCL) has expanded its presence in the Asia Pacific region through the acquisition of two New Zealand-based forwarders.GCL announced yesterday that it had acquired Auckland-based Time Frame Logistics and Wellington-based Xtreme Forwarding.Time Frame specialises in live event logistics and will have ...
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NewsFedEx adds extra capacity between Vietnam and Europe
Source: FedExFedEx is expanding its presence between Vietnam and Europe with the addition of four weekly flights.The new Boeing 767 freighter flights will operate out of Ho Chi Minh City and connect with Europe in Paris CDG, Liege and Cologne through the express firm's Asia Pacific hub in Guangzhou.The flights ...
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Insights
The rise of air cargo in UK trade
Transporting goods internationally in fast and efficient operations is paramount for logistics businesses to remain competitive in the 21st century.Moving freight by air enables businesses to move perishable goods and high-value assets quickly and securely while keeping costs low.However, airfreight has not always been so easily accessible, especially during the ...
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Insights
Silk Way West unveils plans for new cargo village
In another signal of a changing world, Silk Way West Airlines showcased plans for a major new facility as it expands its fleet.At the Caspian Air Cargo Summit held in Baku on October 24 and 25, all-cargo carrier Silk Way West revealed plans to build its own ‘Cargo Village’ in ...
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InsightsTop 20 Cargo Airports: Hong Kong leads the way in a tough 2022
In the wake of Covid-19, other challenges are still hampering air cargo growth. But some of the world’s busiest airports are bullish nonetheless, and are backing their vision for the future with substantial investments (see the top 20 table at end of article).Figures published by Airports Council International (ACI) World ...
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NewsScan Global Logistics expands into South Korea with latest acquisition
L to R: Rob Erskine, SGL, Hoe Jick (Erick) Yang, ENK, Kwon Jik (Kevin) Yang, ENK and Søren Madsen, SGL. Source: SGLScan Global Logistics (SGL) has expanded into the South Korean market through the acquisition of its partner ENK Logistics.ENK Logistics was established in 2006 by Hoe Jick (Erick) ...
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NewsMenzies appoints new regional SVP for cargo
Menzies Aviation has made two senior appointments in its Middle East, Africa and Asia (MEAA) division.Lina El Mallah has been promoted to the position of senior vice president of organisation change and systems, while Al-Anood Al-Suwaidi joins the company as senior vice president of cargo for the MEAA region.Al-Suwaidi joins ...
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NewsLufthansa's cargo profits tumble in Q3
Lufthansa's logistics business was unable to make an operating profit in the third quarter of the year as the market normalised following the Covid pandemic.The logistics division, which includes Lufthansa Cargo, time:matters, Jettainer, HeyWorld and a 50% stake in AeroLogic, saw third-quarter earnings before interest and tax (ebit) fall to ...
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Asiana board approves plans to sell its cargo business
The Asiana Airlines board has approved plans to sell its cargo business as part of efforts to appease European regulators concerned over the impact of its takeover by Korean Air.Earlier today, the carrier's board approved the plan to offload the cargo unit to another Korean airline after the European Commission ...
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NewsHopes diminish for an air cargo peak season boost
Hopes of a surge in air cargo demand towards the end of the year diminished in October as the latest data showed only a slight uplift in demand.The latest figures from data provider Xeneta show that air cargo demand increased 2% in October compared with September which is described as ...
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NewsRhenus targets growing perishables market with new China team
Source: nitpicker/Shutterstock.comLogistics firm Rhenus Group has added a dedicated perishables team to its operation in China on the back of increasing demand.The new team will be part of Rhenus Fresh and will target the transportation of goods between Greater China, Europe and Latin America, in particular Chile."Rhenus Chile's major trade ...
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EAC conference examines the crucial role of air cargo
This year's European Aviation Conference will take place in Luxembourg and will have a focus on the importance of air cargo, as explained by the event organiser in the following article for Air Cargo News:The recent Covid-19 epidemic shed a shining light on the (literally) vital importance of logistics, and ...
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News
Pharma.Aero takes aim at sustainability with new project
Air cargo group Pharma.Aero has launched a new project to identify the attributes required for an environmentally friendly transport of pharma products.The primary goal of the project is to assist pharmaceutical manufacturers and freight forwarders in integrating sustainability considerations into their freight procurement and lane assessment processes to help reduce ...
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NewsWebinar: Emerging trends in air cargo 2024
Air Cargo News — in partnership with Maersk Air Cargo — will later this month host a webinar: Emerging trends in air cargo 2024.The one-hour session will explore the emerging trends that are expected to affect the air cargo sector in 2024. Attendees will have the chance to ask questions ...
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Sponsored ContentSponsored: Volume matters - dimensioning technology’s impact on air cargo efficiency
The disruption of the global supply chain during the pandemic exposed the need for efficiency and optimization in the air cargo industry. The decrease in passenger plane flights greatly reduced belly cargo capacity while the global need for shipping increased and other modes of transport like ocean containers backlogged. COVID-19 ...
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Sponsored ContentSponsored: Conference - Hub airports and their regions. Strategic synergy as a key to success
How can we plan and shape the regions around airports? How can we lead the relationship between the investor, the local community and business?This is what the Hub airports and their regions. Synergy as a key to success conference, organised by Centralny Port Komunikacyjny (CPK) in cooperation with the Airport ...