All Europe Articles – Page 160
-
News
2015 looks set for merger and takeover boom
A lower oil price looks set to fuel 2015 mergers and acquisitions (M&A) activity in the transport and logistics sectors.Global consultancy PwC believes that one key driver of improved M&A across modes “will likely be the decline in fuel costs globally, as oil prices have fallen to their lowest level ...
-
News
Closed Manston Airport has freighter potential
Manston Airport in south-east England should be reopened as a potential freighter hub, says the Baltic Air Charter Association (BACA).The Kent gateway, about 60 miles from London, was an important diversionary airport and could potentially become a cargo hub, taking five to ten freighters a day, says London-based BACA, which ...
-
News
Silk Way upgrades Budapest freighter
Azerbaijan carrier Silk Way West has upgraded the freighter aircraft on its twice weekly flights between Budapest and Baku.Silk Way West launched a twice weekly B767-300F service between the Hungarian and Azerbaijan capital cities in March 2014, offering around 53 tonnes of cargo capacity, but also substituting with B747-400F aircraft ...
-
News
DHL refines risk management system
DHL's Resilience360 risk management tool can now be integrated with customer's transport management systems, allowing them to view shipments affected by disruptive incidents.Customers can then scan the latest position and status of all their shipments worldwide and identify corrective actions.Recent incidents monitored by Resilience 360 included the ash cloud from ...
-
News
Pharma helps K+N airfreight outpace the market
Kuehne+Nagel beat 2014 airfreight market growth with a 5.3 per cent increase in volumes to 1.2m tonnes for the full year.The Switzerland-based logistics giant’s air cargo increase is more than twice last year’s global market benchmark average of between three and four per cent.K+N, the world’s second largest airfreight forwarder ...
-
News
Losses mount at dampened Damco
Damco, the global logistics arm of Danish shipping group AP Moller Maersk, more than doubled its annual losses to $293m for the full year 2014.The ocean giant parent said that Damco's losses were due to “significant” impairment hits in 2014 and “reduced profitability” in its ocean and airfreight segments.Netherlands- headquartered ...
-
News
Plugging the airfreight information gap
London-based charter specialist chartersphere and software company WebCargoNet aim to plug the gaps in existing airline schedules and rates with a new partnership.Existing information sources do not fully cover the needs of shippers of outsized or urgent goods, or a shipment to a remote destination not covered by scheduled services, ...
-
News
Panalpina predicts 3%-4% air cargo market growth in 2015
Panalpina expects the airfreight market to grow by between three and four per cent in 2015, driven by the technology, perishables and industrial consumables sectors.The Switzerland-headquartered multi-modal logistics company predicts that airline rates will “stay the same or even increase in selected trade lanes”, even though there is pressure on ...
-
News
Lieb to quit DB Schenker Logistics
Thomas Lieb, management board chairman of Schenker AG, will leave the German logistics company at the end of this month “by best mutual agreement”.The 56 year-old will take on new responsibilities outside the German railway parent company, Deutsche Bahn Group.Dr Lieb has resigned “immediately” as head of business unit at ...
-
News
DB Schenker to open Heathrow temperature-controlled site
DB Schenker Logistics will open a new perishables handling facility at London Heathrow at the end of March.The 11,000 sq ft facility will have cross-dock capability to eliminate contamination exposure and will allow for reduced manual handling.Schenker UK chief executive Helgi Ingolfsson said: “I have high hopes for this ultra-modern ...
-
News
Time to rethink UK air links
Access from the UK's regions must be considered in deciding future runway capacity in the south-east of England, said chair of the National Connectivity Task Force, Lord John Shipley, in a new report.For the past 20 years, the Department for Transport had effectively prioritised international air access over domestic services ...
-
News
Unions call for halt to Cargolux outsourcing plan
The Luxembourg Confederation of Christian Trade Unions (LCGB) has called for a written assurance that Cargolux will not press ahead with a controversial outsourcing plan as the Luxembourg freighter operator seeks to return to profit.The demand came as the LCGB and the OGBL union continued their negotiations on a new ...
-
News
IAG out in front with e-AWBs
IAG Cargo claims that it has the highest e-air waybill (e-AWB) penetration in Europe.As of January, its e-AWB penetration was 34 per cent, well above the industry average of 25 per cent, said the freight arm of British Airways and Iberia.IAG Cargo has made e-AWBs available in more than 160 ...
-
News
Rising space keeps loads factors down
Freight and passenger loads fell in January compared to December, reflecting the fall in volumes and continued growth in international market capacity, said IATA in its latest Airlines Financial Monitor for January-February.Airfreight capacity increased slightly in January, but more moderately than at the end of 2014. Most of the slowdown ...
-
News
Lufthansa Cargo's 2014 operating profits up 26.6%
Lufthansa Cargo increased its 2014 operating profit by 26.6 per cent to €100m, despite group-wide pilot strikes and a fall in airfreight revenues and tonnages.Full year revenues at the German flag carrier’s freight arm edged down 0.3 per cent versus 2013 to €2.4bn. Total volumes fell 2.7 per cent to ...
-
News
CHEP wins $20,000 innovation award
Floris Kleijn, IT director and project leader at CHEP Aerospace Solutions, said he was “humbled” to top the delegate poll in IATA’s inaugural Air Cargo Innovation Awards, presented during the World Cargo Symposium (WCS) in Shanghai.CHEP receives $20,000 for its CanTrack ULD tracker, which incorporates a solar panel to solve ...
-
News
Pharma audit "really taking off"
Tom Windmuller, IATA’s senior VP airports, passenger, cargo and security, presented Sebastiaan Scholte, chief executive of Jan de Rijk Logistics and chairman of the Cool Chain Association, with a framed Center of Excellence for Independent Validators (CEIV) Pharma certificate during the World Cargo Symposium (WCS).The ceremony marked the company’s successful ...
-
News
TNT launches Tel Aviv freighter links
TNT has launched a Monday to Friday B737-400F service between Israeli capital Tel Aviv and the express operator's European hub in Liege, Belgium.The new service "answers increasing demand" and allows TNT to shorten transit times for express shipments to and from Tel Aviv by one day.The flight arrives in Tel ...
-
News
DP DHL airfreight up 2.4% to 4m tonnes in 2014
Deutsche Post DHL’s global forwarding arm overcame a weak 2014 first half to record a full year 2.4 per cent increase in airfreight volumes to just over 4m tonnes, versus 2013.Announcing full year 2014 results, the Germany-based global post, express, freight and logistics giant said of its air cargo segment: ...
-
News
WCS: Silver lining in cargo's IT cloud
A cloud-based IT solution developed by Massachusetts-based SmartKargo has the potential to reshape the way airlines and their supply chain partners manage the flow of freight, writes Martin Roebuck.No less an authority than Des Vertannes, IATA’s recently retired head of cargo, says so. A passionate believer in technology’s ability to ...