All articles by Damian Brett – Page 84
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News
Challenge Group reports ongoing demand for end-to-end services
The Challenge Group benefitted from an increase in demand for end-to-end services that started at the height of the Covid pandemic but that has continued even after the easing of the crisis.Challenge Group chief commercial officer Or Zak said that the demand was fuelled by difficulty in securing transport service ...
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News
Dronamics secures IATA and ICAO codes
Dronamics has become the first cargo drone airline to be officially assigned both IATA and ICAO designator codes.The drone firm has been assigned the IATA designator code "OY," along with the accounting prefix "651."The ICAO call sign "Black Swan" and the 3-letter airline designator "DXE" have also been assigned to ...
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News
Schiphol responds to thefts with new security requirement
Schiphol Airport is responding to incidents of theft with the implementation of stricter security requirements from the start of 2024.The airport will implement the Secure Import system that will see ground handlers advise forwarders when a shipment is ready for collection.Forwarders will then instruct a company to pick up the ...
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NewsAir cargo stalwart Alterman to be replaced by Beyer at CAA
Cargo Airline AssociationThe US Cargo Airline Association (CAA) has appointed Lauren Beyer as president, succeeding Steve Alterman who has led the organisation for more than 40 years.As president of the CAA, Beyer will lead advocacy and inform policymakers, regulators and others on the importance and operational realities of the air ...
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NewsRed Wings to swoop on Sky Gates as it eyes cargo expansion
Photo: alenka2194/Shutterstock.comRussian airline Red Wings is planning to buy all-cargo carrier Sky Gates as it looks to expand in the cargo market.Last week, Red Wings general director Evgeny Solodilin told Rossiya 24 that the company was planning to operate two Il-96s on the certificate of a cargo airline but did ...
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NewsAir Incheon expands with Kuala Lumpur freighter flights
Source: Air IncheonAll-cargo carrier Air Incheon has continued its expansion with the addition of freighter flights to Kuala Lumpur.The new five-times-per-week flights were launched on July 11 and utilise a Boeing 737-800 freighter.The airline said that the flights leave Incheon International at 11:00pm and arrive at Sepang International at 7:45am ...
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NewsVirgin Atlantic Cargo launches SAF certification programme
Source: Virgin Atlantic CargoVirgin Atlantic Cargo has launched a Sustainable Aviation Fuel Certificate (SAFc) programme to provide greater insight into carbon reductions generated when using the fuel type.The SAF certificate for scope three reductions - emissions related to service providers - will provide data on emissions reduction based on the ...
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News
AI logistics platform Raft secures further funding
Online logistics automation platform Raft has raised $30m to be used to develop new services and solutions.The series B funding round was led by global VC investor Eight Roads with participation from existing investors Bessemer Venture Partners, Episode 1, and Dynamo Ventures, as well as Moguntia Capital.The capital infusion will ...
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NewsDHL Express and Linklaters team up on SAF
Source: DHL ExpressDHL Express and law firm Linklaters are partnering on the use of sustainable aviation fuel (SAF) to reduce emissions generated by air shipments in Asia and UAE.The law firm adopted firmwide carbon reduction targets to meet by April 2030 - approved by the Science-Based Targets Initiative (SBTi) - ...
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News
Nippon Cargo Airlines sale confirmed and new CEO appointed
Shipping and logistics group NYK and airline All Nippon Airways (ANA) have entered into a definitive agreement on the transfer of all shares in B747 freighter operator Nippon Cargo Airlines (NCA).The share transfer is due to take place on October 1 following approval of NCA's shareholders and will see ANA ...
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News
Jan de Rijk revenues up but profits down
Road feeder operator Jan de Rijk Logistics reported an increase in revenues last year but profits came under pressure.The transport firm saw revenues increase by 11% year on year to €285m, while operating profits fell 24.5% to €6.4m and net profits slipped 25.8% to €4.5m.The company said that the revenue ...
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News
AirBridgeCargo re-launch plans in doubt
Reports from Russia suggest that AirBridgeCargo's plans to re-launch operations are in doubt.The carrier had hoped to re-launch operations in June using two Russian-made Il-96-400T freighters.However, flight tracking websites suggest the aircraft (RA-96103 and RA-96101) are not in use, with only the former listed under AirBridgeCargo.News service RBC reports that ...
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News
Amazon Air continues to scale back flights with European reduction
Amazon Air is reducing the number of flights it completes in Europe after rapidly ramping up operations over the last few years.The e-commerce giant's flights in Europe were launched in 2020 and were largely carried out by ASL Airlines using Boeing 737-800 freighters.In a brief statement to Air Cargo News, ...
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News
Have air cargo rate and volume declines bottomed out?
The big two questions posed in the latest Baltic Exchange air cargo market update were whether rates and volumes had reached the bottom.Tackling the question on demand, Bruce Chan, director and senior research analyst covering global logistics and future mobility at investment bank Stifel, outlined three scenarios.Chan's bull thesis is ...
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NewsNeo Air Group aims for cargo expansion with new appointments
Fernanda Abe (L) and Nadin Schuck. Source: Neo Air GroupGermany-based charter firm Neo Air Group has made two new appointments as it looks to continue its expansion in airfreight.Nadin Schuck joins Neo as sales specialist, working in its recently-launched airfreight department, which provides solutions exclusively for trade customers with shipments ...
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NewsJettainer deploys fire-resistant ULDs
Source: JettainerJettainer has begun offering fire-resistant AMX unit load devices (ULDs) with Lufthansa Cargo, the first airline to utilise the containers.The AMX containers are manufactured by Satco and are certified in accordance with the latest Technical Standard Orders (TSO) C90e specifications defined by the Federal Aviation Authority (FAA).Jettainer said they ...
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NewsForwarder EFL Global adds first UK facility
Source: AIPUTSri Lanka-headquartered EFL Global has opened its first facility in the UK as it looks to cater for high-street retailer demand.The Black Arrow warehouse was developed by Airport Industrial Property Unit Trust (AIPUT) and is located at the Blackthorne Point logistics campus close to Heathrow Airport.EFL's facility, which will ...
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News
Airbus rolls out sixth and final BelugaXL transport
Airbus has rolled out the sixth and final example of its BelugaXL high-capacity transport, designed to fly aerostructures between the airframer’s manufacturing facilities.The BelugaXL – formally designated the A330-700L – is a heavily-modified A330, developed to replace the older A300-600ST Beluga fleet.Airbus operated five Belugas and originally intended to build ...
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NewsAirfreight market "getting pretty nasty" as rates fall
Airlines are offering lower airfreight rates to avoid losing volumes despite data showing that demand declines have bottomed out.The latest market analysis from Xeneta's CLIVE Data Services shows that in June chargeable weight declined 1% compared with a year ago, while capacity was up 8% and dynamic load factors were ...
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News
UPS faces strike action in the US as talks collapse
UPS is facing the threat of strike action by its US workers after marathon talks with union representatives collapsed.The express giant and the Teamsters union yesterday accused each other of walking away from talks over a new contract for 340,000 full- and part-time workers.Workers represented by the union have already ...