All Europe Articles – Page 121
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News
Kuehne+Nagel expects new lithium battery regulations to push up supply chain costs
Kuehne+Nagel (K+N) is expecting the new lithium-battery regulations to add cost to air cargo supply chains, while it also provided its thoughts on the potential impact of Amazon starting its own logistics operations.Speaking shortly after announcing its results for 2015, the Switzerland-based forwarder gave its thoughts on new regulations banning ...
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Air Europa renews ULD deal with CHEP
Spanish airline Air Europa has renewed its contract with ULD service provider CHEP Aerospace Solutions.This deal will see CHEP continue to provide ULD pooling to Air Europa, while also converting 770 containers to CHEP's lightweight units.Air Europa Handling contract manager Mauro Rodriguez said: "We have built a strong relationship with ...
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Lufthansa Cargo to sell capacity on Eurowings' new long-haul operations
Lufthansa Cargo will begin to sell the belly space of sister company Eurowings’ recently launched long-haul flights.Lufthansa Cargo said it would begin selling the space on Eurowings’ flights from Cologne/Bonn to the Caribbean (Varadero, Cancun, Dominican Republic) and Thailand (Phuket, Bangkok) from March 27.Eurowings is in the process of expanding ...
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NewsK+N sees profits and airfreight demand climb in 2015
Switzerland-based freight forwarder Kuehne+Nagel managed to improve profitability last year despite revenue declines, while airfreight volumes jumped in a “stagnant” market.The company saw revenues decline by 4.4% year on year in 2015 to Sfr20.3bn, earnings before interest, tax, depreciation and amortisation increased 3.6% on the previous year to Sfr1bn and ...
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Turkish Airlines sees cargo revenues slide despite improved demand
Turkish Airlines recorded a decrease in revenues generated by its cargo division despite an increase in demand.For the full-year 2015, Turkish Airlines recorded a 3.9% year-on-year decline in cargo revenues to $935m, with both its bellyhold and freighter services contributing towards the decline.Meanwhile, its cargo and mail traffic climbed by ...
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NewsForwarder CEVA narrows losses while revenues slide
Freight forwarder CEVA saw revenues decline last year, while earnings before interest, tax, depreciation and amortisation (ebitda) increased and net losses narrowed.The European forwarder saw revenues decline by 11.5% year on year to $7bn on the back of currency effects. With exchange rate differences stripped out of the result, revenues ...
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NewsPanalpina sees airfreight demand slide on automotive and oil weakness
Lower demand in the oil and gas and automotive industries caused a decline in Panalpina’s airfreight tonnage last year, while overall revenues took a dive but net profits increased.The Switzerland-based forwarder recorded a 12.7% year-on-year decline in revenues in 2015 to Sfr5.8bn, earnings before interest and tax (ebit) crept up ...
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Boardroom reshuffle at West Atlantic
A major boardroom reshuffle has taken place at Sweden’s West Atlantic, the Gothenburg-based freighter lessor and operator.The carrier said that the decision, which saw five board members resign, came after the shelving of a project to “explore the possibility of a listing of the shares on Nasdaq Stockholm”.West Atlantic added: ...
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India and Europe the bright spots in difficult start to the year
Worldwide air cargo demand started the year slowly with only a slight increase in volumes recorded, but there was better news from Europe and India.In its monthly market analysis, WorldACD said there was “little to cheer” in January as global air cargo volumes increased by just 0.3% compared with a ...
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Visitors experience Frankfurt's pharma focus
Air Cargo Community Frankfurt has held a pharma-focused event at Europe's top airfreight hub for BVL International, the German Logistics Association in the Rhein-Main region.There were 80 participants at the ‘visit FRA pharma’ event who received an update on current trends and developments in logistics, including the transport of pharmaceutical ...
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Panalpina: No plans to participate in consolidation amongst larger forwarders
Panalpina is expecting consolidation among larger players in the freight forwarding industry to continue but has no plans to participate as it concentrates on implementing its new IT system.Speaking shortly after announcing its full-year results, Panalpina chief executive Peter Ulber ruled out the chance of Panalpina participating in “high risk” ...
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ICAO clarifies on new lithium-ion battery restrictions
ICAO has issued “additional clarifications” on new lithium-ion battery shipment restrictions as cargo on passenger aircraft, which the UN aviation agency announced last week.The 36-state ICAO Governing Council adopted a new aviation safety measure which prohibits, on an interim basis from April 2016, all shipments of Lithium-ion batteries as cargo ...
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NewsPanalpina to get new chief executive as Ulber moves up to chairman
Freight forwarder Panalpina will get a new chief executive as current incumbent Peter Ulber moves up to the role of chairman.Ulber, who is 56-years-old and took up the chief executive role in 2013, will succeed 72-year-old Rudolf Hug as chairman as he leaves the position due to age limitations in ...
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Slow start for e-AWB take-up in January
Electronic air waybill (e-AWB) penetration got off to a sluggish start in January, with a 0.8% increase on December 2015.Latest IATA statistics for January 2016 show that the use of e-AWB among its member airlines stood at 37.2%, versus a 56% target for the end of this year.Despite missing the ...
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IAG Cargo reports 'challenging' 2015
IAG Cargo recorded a 3.2% rise in unadjusted 2015 full-year commercial revenue to just over €1bn as “challenging” market conditions saw like-for-like overall yield down 4% on prior year due to flat volumes while capacity grew by 3%.However, after adjusting the prior year's figures to reflect a directly comparable operation, ...
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Battery ban ‘disappointing’ says Global Shippers’ Forum
Shippers have criticised as “disappointing” a total ban on lithium-ion batteries in passenger aircraft bellyholds, saying it goes against previous recommendations and “does not address the wider problem of undeclared battery shipments or low-quality counterfeits”.The Global Shippers’ Forum (GSF) head of policy Alex Veitch said: “The outright ban on passenger ...
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Volga-Dnepr performs spacecraft payload transport
Volga-Dnepr Airlines has transported a spacecraft payload module from Sheremetyevo Airport to London Stansted onboard one of its IL-76TD-90VD freighters.The transportation was organised by DG Terminal and as well as the module three tons of support equipment was also flown.The airline used a special container to transport the module. During ...
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UPS promotes grassroots talent
UPS has appointed Nando Cesarone as president of its Europe region and Ross McCullough for Asia Pacific, while Cindy Miller becomes president of global freight forwarding.Cesarone, a 25-year UPS veteran who most recently served as president of UPS’s Asia Pacific Region, will now be responsible for operations in 56 countries ...
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Deutsche Post boss: DHL Global Forwarding is NOT up for sale
Deutsche Post DHL (DPDHL) chief executive Frank Appel has rejected outright any suggestions that his group’s forwarding arm is up for sale.In a statement to Air Cargo News, Appel said: “To clear up false rumours and to be unequivocal, DP DHL is not exploring the sale of our Global Forwarding ...
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Brussels Airlines’ passenger success hits freight traffic
The volume of cargo carried by Brussels Airlines fell away slightly in January compared to the same month of 2015.The Belgian carrier, which is owned by SN Airholding and is part of the Lufthansa Group, flew 15.7% fewer freight ton-kilometres (FTK) year-on-year during the month.However, the decline was caused, the ...