Europe – Page 67
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News
Tigers grrrrows in Germany
Tigers has opened a new office at Frankfurt Airport to act as a gateway for Europe by creating airfreight consolidation products, starting with the trade lane between Germany and South Africa.The Hong Kong-headquartered e-commerce specialist’s third office in Germany is headed by Marc Acksteiner and offers international freight forwarding and ...
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CEVA set to refinance its debts with a $400m private offering
CEVA Logistics is set to go to the markets with a proposed $400m private offering to refinance its existing debt facilities and may seek a further $35Om "at a later stage".The Switzerland-based supply chain company also plans to enter into a new $600m Senior Revolving Credit and Ancillary Facility (RCF) ...
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Lufthansa Cargo confirms new B777Fs to initially expand capacity
Lufthansa Group’s decision-making bodies have approved Lufthansa Cargo’s operation of two new Boeing 777Fs ordered in May, which will initially be used to increase capacity.Although it had largely been assumed when the aircraft were ordered that the aircraft would be operated by Lufthansa Cargo - the press release even included ...
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European airports see cargo growth stagnate in May
Airfreight traffic growth at European airports was flat in May as strikes took their toll on the market.The latest figures from Airports Council International (ACI) Europe show that freight traffic increased by just 0.8% year on year in May.This compares with an increase of 3.5% year on year over the ...
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SEKO adding flagship facility close to Heathrow as UK business booms
SEKO Logistics is investing in a new flagship airfreight and omni-parcel services facility close to London Heathrow airport as the logistics group’s UK revenues are set to top £100m for the first time.With an eye on Brexit, when the UK leaves the European Union, US-based SEKO said that Heathrow will ...
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Inefficient supply chains cost UK businesses £1.5bn per year
Inefficient supply chains and miscommunication in air and oceanfreight are costing UK businesses £1.5bn per year, according to a new study.The research, published by digital freight forwarder Zencargo, found that processing each shipment takes on average three hours, with 50,000 jobs tied up in procurement, managing suppliers and freight administration.Red ...
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Geodis builds on French e-commerce with e-tailer Cdiscount
Geodis and Cdiscount are expanding their logistics partnership by opening an 80,000 sq m storage facility in Moissy-Cramayel to manage products weighing less than 30 kg sold by the French e-commerce leader.As part of its development strategy, Cdiscount entrusted Geodis with the operation of its new logistics platform in the ...
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East Midlands Airport's annual volumes up 9.7% to 358,000 tonnes
East Midlands Airport, the major UK express hub owned by MAG Group, saw tonnage increase by 9.7% to 358,000 tonnes in the financial year ended March 2018.The country’s busiest airport for freighter aircraft continues to play a key role in the thriving “Midlands Engine” said MAG, announcing its year-end results.MAG, ...
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Swissport chief executive Eric Born to step down in December 2018
Eric Born is to step down as group president and chief executive of Swissport International at the end of this year.Born informed the board of directors at the ground and air cargo handling group of his decision which will see him leave the company in December 2018.He has held the ...
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More seminars planned as UK braces for new Customs system
A series of new seminars are being planned to prepare the UK's supply chains for a new Customs system that will come into force over the coming months.The new Customs Declaration Service (CDS) will replace the current system, HM Revenue and Customs (HMRC)’s Customs Handling of Import and Export Freight ...
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NewsEx-Jade B747 freighter preparing for duty with CAL
A Boeing 747-400ERF once operated by German-Chinese carrier Jade Cargo is on course to be operated by Liege airport-based CAL Cargo Airlines, which is headquartered in Israel and owned by entrepreneur Offer Gilboa.Meanwhile, ACE Belgium Freighters (ACE) is taxiing for take-off with its first service, scheduled to begin in October ...
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CEVA renews and expands $100m logistics contract with tech customer
CEVA Logistics has renewed a global freight management contract with an unnamed technology customer and has been awarded important additional services in air and ocean freight. The Switzerland-headquartered logistics provider estimates that existing and new business will "exceed $100m of revenue" over the next twelve months, depending on actual volumes ...
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NewsGulf parr for success with live salmon shipments to Dubai
The first successful shipments of live salmon parr fingerlings (Salmo salar) have flown from Scotland to Dubai.FloatPac, owners of FishPac live seafood transportation systems, said that process involved a total of 38,500 fish transported in 42 bin (pictured below) movements over a five month period on Emirates passenger aircraft under ...
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IAG Cargo opens Critical Service Centre for must-fly products
IAG Cargo has introduced a customer service team dedicated to its Critical emergency solutions product for high priority airfreight.The cargo arm of British Airways, Iberia and Aer lingus has established a Critical Service Centre that will be manned by a dedicated team of emergency solution experts who will monitor, advise ...
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German teamwork is the goal for the nation's air cargo industry
Germany’s airfreight industry has called for closer cooperation and teamwork with regulators to increase digitalisation in the European country's air cargo logistics.Matthias von Randow, managing director of the Federal Association of German Air Traffic Industry (BDL), told a symposium in Berlin that a “significant increase in demand” meant that airfreight's ...
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DHL: Digging for Hanover–Langenhagen
DHL Freight, the trucking arm of the German-owned global logistics giant, has celebrated the groundbreaking ceremony for its new freight hub in Hanover–Langenhagen, Germany.The freight centre on the 63,000 sq m site will not only will handle freight for DHL Freight’s European network, but will also test innovative technologies and ...
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UK forwarders, training for a new Customs system and waiting for Brexit clarity
UK freight forwarders are preparing for the introduction of a new Customs Declaration System (CDS) which is due to go fully live in January 2019, but await political clarity on the additional challenge of Britain leaving the European Union (EU).Only this week, the UK's National Audit Office (NAO) warned that ...
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Jettainer signs up for the ten golden rules in preventing ULD damage
Jettainer, the outsourced ULD management specialist, has signed up to new code of conduct for better handling of airfreight containers.The "Ten Rules for ULDs", published by ULD CARE, a not-for-profit Canadian corporation, are intended primarily to help reduce preventable damage to airfreight containers and pallets through the raising of staff ...
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NewsSkycell transports life-saving pharma to Baghdad
SkyCell containers were used to transport 2.5 tons of pharmaceuticals from London to the Iraqi capital, Baghdad, in cooperation with the Iraqi Ministry of Health.The investigational new drug will be used to treat patients suffering from copper poisoning, a widespread problem in Iraq due to the burning of electronic waste ...
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Panalpina embraces disruptors with digital hub launch
Panalpina has launched a digital Hub to “embrace new technologies” that have the potential to disrupt its freight forwarding business.The Panalpina Digital Hub, which reports directly to chief executive Stefan Karlen, will have a focus which includes the Internet of Things (IoT), cloud computing, predictive analytics, artificial intelligence (AI) and ...