All Europe Articles – Page 131
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European forwarders upbeat on airfreight volumes
Danske Bank’s monthly European Freight Forwarding Index for October indicates higher volumes compared with two months ago.The current airfreight index of 54 – a measure of European freight forwarder market sentiment – is set against expectations of 57 for November, thus suggesting higher volumes in two months.The index by the ...
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DHL writes off €345m as it abandons troubled IT project
Deutsche Post DHL has lowered its operating profit guidance for the year after deciding to abandon the implementation of its troubled freight forwarding IT platform in favour of a different system.The German express and logistics giant said it would write off €345m and lower its 2015 earnings before interest and ...
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Cargolux responds to pilots union call for a strike ballot
European all-freighter airline Cargolux has given a detailed response to the call for an industrial action ballot by flight crew employees who are members of the LCGB pilots union.In a statement, Luxembourg-based Cargolux said that negotiations are still ongoing with the LCGB and a second pilots union, OGBL. Airline management ...
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Online meeting tool for TIACA's Air Cargo Forum in Paris
TIACA is launching a dedicated on-line one-to-one meeting tool called CargoLinX for its Air Cargo Forum (ACF) and Exhibition, which takes place from 26-28 October 2016 in Paris, France.The speed networking tool will allow visitors to schedule up to thirty 25-minute meetings with 45 leading global air cargo companies, weeks ...
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Strike ballot by Cargolux pilots' union
The LCGB pilots union is to hold a ballot for industrial action among its Cargolux membership.A statement by the union said: “Given the lack of any meaningful progress in the Cargolux labour negotiations for over a year, the LGCB has no choice but to contemplate industrial action. “A ballot will ...
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IAG Cargo: challenging third quarter
IAG Cargo saw a decline in both yields and airfreight volumes during the 2015 third quarter due to a “challenging” market.The cargo arm of British Airways and Iberia of Spain today reported commercial revenue of €238m for the period July to September versus €236m for the same period 2014. Reported ...
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Air France-KLM Cargo reports another operating loss
Air France-KLM saw operating profits at its cargo division remain in the red during the third quarter of the year but said it hopes its freighters business will be breakeven in 2017.The Franco-Dutch airline group recorded a third-quarter operating loss of €81m, an improvement on the €102m loss it recorded ...
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C2K members agree new quality standards
CARGO 2000 (C2K) members have agreed new quality standards for the air cargo industry.More than 60 technical and operational managers took part in a meeting of C2K’s Technical Working Group this week as part of a drive to implement new quality standards for the air cargo industry.C2K is an IATA ...
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Emirates hopes new Bologna service will improve city's supply chains
Emirates SkyCargo will expand its Italian cargo network when it launches daily non-stop flights to Bologna from Dubai that it hopes will help improve the supply chains of local exporters.The daily service, to begin operation on November 3, will be operated by a Boeing 777-300ER, offering 23 tonnes of belly-hold ...
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DSV's airfreight volume growth outpaces market in Q3
Danish freight forwarder DSV continued to report above market airfreight volume growth during the third quarter and said it expects to gain approval of its takeover of UTi early next year.During the third quarter of the year, DSV’s airfreight volumes increased by 9.6% compared with the same period in 2014 ...
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Kerry Logistics appoints Blank in Europe
Kerry Logistics has appointed Thomas Blank as its new managing director of Europe with effect immediately.Blank has over 35 years of experience in logistics and international and domestic freight forwarding, having previously served as managing director of Southeast Asia for Panalpina, senior vice president at UTI, managing director at Geodis ...
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FedEx cleans up its planes and reduces its fuel bill in the process
FedEx has adopted a new fuselage cleaning procedure for 13 aircraft serving Europe from its Roissy-Charles De Gaulle hub that it claimed will help reduce its fuel bill.FedEx has begun cleaning the 13 aircraft using brooms equipped with microfiber rags to apply an anti-static biodegradable, non-toxic and non-flammable cleaning product.The ...
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Norwegian Cargo signs up Jan de Rijk for European RFS
Fast-expanding Norwegian Cargo has granted a new road feeder service contract to Jan de Rijk Logistics, extending the airline’s delivery network to more than 50 airports around Europe.The deal will see Jan de Rijk provide a daily road feeder operation for the low-cost carrier’s services from the US to London ...
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FLY bags second B777F sale and leaseback deal in a month
FLY Leasing has acquired a new Boeing 777-200LRF aircraft in a sale and 12-year leaseback transaction with an unnamed “leading flag carrier”. Terms were not disclosed.Colm Barrington, chief executive of the Dublin-based aircraft lessor, said: "This is our second B777-200LRF acquisition in the past month as we continue to grow ...
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Athens in the swim with dolphins cargo
Athens International Airport played host to a pod of three dolphins flying out to Lithuania.A two year old female and two mature females were flown to Siauliai airport under the care of Goldair Handling.The valuable cargo was transported from Athens by the Lithuanian Air Force using an Alenia C-27j Spartan ...
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Airfreight rates on the rise, but lag behind 2014 levels
Airfreight rates continued to increase in September and while further increases are expected, prices continue to lag behind last year’s levels.The latest data from Drewry Sea & Air Shipper Insight shows that the weighted average airfreight rate on 21 key east-west trades increased to $3.22 per kg from $3.06 in ...
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TNT records third quarter operating loss
FedEx takeover target TNT managed to improve its financial performance in the third quarter of the year, but still recorded an operating loss.The Netherlands-headquartered delivery giant saw third-quarter revenues increase by 2.3% on a year earlier to €1.7bn on the back of increases in its small and medium enterprise (SME) ...
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Manchester united with Beijing by direct bellyhold link from 2016
China’s Hainan Airlines is to launch a four times a week A330-200 passenger service between Beijing and the UK’s Manchester Airport from June next year.The flights, with more than10 tonnes of bellyhold cargo, will provide a direct connection between Manchester and Beijing for the first time.The new route was unveiled ...
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London and Amsterdam freighter for Turkish Airlines
Turkish Airlines is to launch a weekly freighter service from Istanbul Ataturk to London Stansted and Amsterdam Schiphol from October 29. The A310 aircraft will operate inbound and outbound on Thursdays.Turkish Airlines operates regular passenger flights to the UK but this will be the first all-cargo service for six years.The ...