All Europe Articles – Page 87
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News
Maersk freight forwarding arm Damco sees $8m loss in 2017 first half
Damco, the freight forwarding and logistics arm of Danish container shipping giant Maersk, reported a $8m loss on turnover of $1.24bn in the first half of 2017, down from a profit of $12m last year, but broke even in the second quarter as airfreight volumes rose.Parent group AP Moller-Maersk (APMM) ...
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Freight forwarders want more detail on post-Brexit Customs proposal
UK freight forwarders would like to see more detail on the government's post-Brexit trade and customs arrangements.Earlier today, the government issued a position paper suggesting that the UK could ask Brussels to establish a “temporary customs union” after it leaves the EU in March 2019.The British International Freight Association (BIFA) ...
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Swiss WorldCargo consolidates in the US
Swiss WorldCargo will re-organise its set-up in the American market, consolidating its current three regions into two.From October 2017, Swiss WorldCargo’s American organization will be consist of two regions: Western, southern USA & South America and northeast/Midwest USA and Canada.The newly created region Western, Southern USA & South America will ...
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IAG Cargo looks to automotive for new Nashville operation
IAG Cargo will begin offering services to and from Nashville, Tennessee, from May next year as it looks to capitalise on the city's automotive sector.The new passenger service will fly five-times-a-week between the US hub and Heathrow in the UK utilising a Boeing 747-8, which offers a payload of 15 ...
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UK's post-brexit trade and customs plans a step in the right direction, says FTA
The UK's Freight Transport Association (FTA) has welcomed the UK government’s position paper on post-Brexit trade and customs arrangements as a “step in the right direction”.However, the association added that the ambitions laid out in the document are far from guaranteed, and will require some careful negotiation in order to ...
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BAE postpones plans for Avro RJ100 freighter conversion
UK-based plane manufacturer BAE Systems has postponed plans for an Avro RJ100 freighter conversion programme.In a statement, BAE Systems’ regional aircraft division said that the decision “has been taken for a variety of reasons, not the least of which is the decision by ASL Airlines Ireland to sell the eight ...
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CargoLogicAir fleet plans on track
CargoLogicAir (CLA) looks set to add another aircraft to its fleet in early 2018, following on from the launch of its first scheduled service later this month.Earlier this week, the UK-registered airline revealed that on August 19 it would begin offering a twice-weekly scheduled service from its Stansted hub to ...
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NewsEuropean air cargo monthly: Freight continues to take off at Lufthansa and IAG
Major European airlines saw cargo demand growth accelerate in July, despite some warnings growth may have reached its peak.The latest figures from Lufthansa, IAG and Finnair all point to continued improvements in air cargo demand, with percentage growth in July beating their average for the year to date.Air France KLM ...
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China’s HNA buys Hahn airport stake
China’s HNA Airport Group has completed its €15.1 million purchase of a 82.5% stake in Germany’s Frankfurt-Hahn airport, announced previously.It ends an uncertain period in the history of the airport; in June 2016 it appeared to have sold the tranche to shadowy Chinese investor, Shanghai Yiqian Trading Co, but the ...
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Cargolux starts work on state-of-the-art HQ
Cargolux Airlines has started work on a new headquarters building at its Luxembourg airport base.It is located in the Sandweiler district adjacent to the carrier’s maintenance hangar, to which it is connected by a glass bridge. The airline’s training organisation, including its two Boeing 747 simulators, will also be located ...
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Heathrow has fastest-ever cargo growth
A 44% surge in American Airlines volumes in July contributed to a 15.1% rise in cargo at London Heathrow airport in July - the fastest rate ever recorded. The gateway also reported that overall cargo traffic with North America was up 16% while Asian traffic was up 14% on the ...
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More functions for Frankfurt freight system
The Dakosy FAIR@Link Cargo Community Platform at Frankfurt Airport has expanded its range of import and export services.For imports, freight forwarders can now receive flight manifest data from the airlines via the integrated FAIR@Link dashboard, including status reports on incoming flights and air waybills (AWBs), allowing the necessary resources to ...
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Frankfurt cargo volumes still ascending
Cargo continued to increase at Frankfurt Airport, said operating company Fraport in its latest figures for July.Freight and airmail was up 4.2% to 188,009 tonnes in the month, while for the year to date it was up 4.7% to just over 1.28m tonnes.Fraport added that accumulated maximum take-off weights surpassed ...
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Mexico to be CargoLogicAir’s first scheduled destination
CargoLogicAir (CLA), the only UK all-cargo airline, is to launch its first scheduled cargo route on 19 August, to Mexico.Twice-weekly Boeing 747-400 flights will depart from CLA’s London Stansted Airport base every Wednesday and Saturday to Mexico City International Airport via Hartsfield-Jackson Atlanta International Airport in the US.The full aircraft ...
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XPO gets its shopping list out again
XPO Logistics could soon be going on another buying spree, said chief executive Bradley Jacobs as he revealed a jump on net income to $75m in the first quarter of 2017, compared with $50.4m in the same period in 2016.He told Reuters that the US-based logistics giant is pursuing “deals ...
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CCS-UK to speed up Heathrow cargo
The user group for the CCS-UK airfreight community system is working on a new module to speed up deliveries and collections at London Heathrow Airport transit sheds.CCS-UK Advanced Info will enable freight agents, and transport companies working on their behalf, to alert handling agents of deliveries, down to House AWB ...
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Kreutel takes the helm at Fraport Cargo
Felix Kreutel will take over as head of Fraport’s cargo development and management department on 1 October. He joined the airport operator in 2000 and has, since 2015, been vice-president of the Fraport’s cargo and logistics department.He will succeed Dirk Schusdziara, who will become head of the commercial affairs department ...
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Frankfurt puts in a strong cargo performance
Frankfurt’s cargo throughput (airfreight + airmail) climbed by 5.3% year-on-year, to nearly 1.1 million tonnes In the first six months of the 2017 business year, said airport operator Fraport in its half yearly report, published on 3 August.Europe's busiest cargo hub said that cargo traffic continued its growth trend from ...
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Heathrow logistics hub fills up fast
Real estate firm Segro has signed two new deals ahead of the completion of its Central Spacewaye site within four miles of Heathrow Airport’s cargo terminal on the North Feltham Trading Estate.Fine art logistics company Williams & Hill has taken a 25,898 sq ft unit on the estate while commercial ...
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AF KLM registers Q2 cargo traffic improvement but revenues down
Air France KLM saw cargo traffic and load factors improve during the first half of the year, although it did register a small decline in revenues.The Franco Dutch airline, which last week announced it would invest in Virgin Atlantic, saw second-quarter cargo revenues decline to €506m from €507m last year.Meanwhile, ...