Latest news – Page 127
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NewsWFS wins Air China Cargo contract in LA
Air China Cargo Boeing 747 freighter. Photo: WFSWorldwide Flight Services (WFS) will handle over 20,000 tonnes of cargo a year for Air China Cargo in Los Angeles under a new three-year contract.The ground handler and air cargo logistics specialist will provide ramp and warehouse handling services for the airline’s Boeing ...
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Airfreight rates slide in line with Lunar New Year holiday demand decline
Airfreight rates began their Lunar New Year holiday decline last week after rising in the first six weeks of the year.The latest figures from TAC Index show that last week overall airfreight rates slipped by 8.2% compared with the week before and are down 21.2% from a year ago."Despite ongoing ...
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MSC Air Cargo goes it alone as GSA partnership with ECS ends
MSC Air Cargo has ended its GSSA partnership with the ECS Group, which has been the airline's GSSA in North America, Europe and Mexico since May last year.The cargo airline's senior vice president air cargo, Jannie Davel said in a LinkedIn post on February 20 that MSC Air Cargo stopped ...
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Envirotainer commits to supply chain emissions targets
Pharma ULD firm Envirotainer has set targets to cut its supply chain emissions and submitted these to the Science Based Targets initiative (SBTi) for validation.The specialist in temperature-sensitive pharmaceutical shipments aims to reduce emissions from both direct operations and its entire supply chain.David Simonsson, chief executive of Envirotainer, said: “Sustainability ...
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Lufthansa cargo operations set to be hit by latest strike action
Lufthansa's cargo operations are set to face disruption this week as ground staff launch another round of strike action.As many as 25,000 members of the Ver.di union working for Deutsche Lufthansa, Lufthansa Technik and Lufthansa Cargo in Germany are joining the industrial action.The action starts at 8pm February 19 and ...
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NewsAlaska Air Group acquisition of Hawaiian gets go ahead
Photo: Hawaiian AirlinesAlaska Airlines has been given the green light to acquire Hawaiian Airlines after the latter's stockholders approved the deal that is set to boost cargo within the combined business.Seattle-based Alaska Air Group and Honolulu-headquartered Hawaiian Holdings entered into a definitive agreement for the acquisition in December last year. ...
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WestJet eyes digital developments in 2024
WestJet will this year target digital investments in cargo as well as network and product expansion following the launch of freighter operations last year.The Canada-based combination carrier's cargo business said that in 2024 it would launch a new website "in anticipation of a shift towards more self-service options".WestJet Cargo added ...
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NewsJAT Tehnika completes second 767-300 freighter conversion
Jat Tehnika 767-300 freighter conversion. Photo Avia Prime GroupAvia Prime Group-owned MRO JAT Tehnika has completed its second Boeing 767-300 passenger to freighter conversion.The 767-300ER conversion was carried out independently by Belgrade-headquartered JAT Tehnika and follows the company’s first-ever passenger-to-cargo aircraft conversion of a 767-300 performed last year in collaboration ...
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NewsAir Canada cargo revenues drop 27% in 2023
Air Canada's full year 2023 cargo revenues declined 27% year on year due to reduced air cargo demand and a loss of capacity in the form of temporary passenger freighters (preighters).The airline said the decline of C$342m was partially offset by increased operations of purpose-built freighters in its cargo business, ...
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India's air cargo industry sets ambitious growth targets
India has set an ambitious target of reaching 10m tons of air cargo handled per year by 2030, attendees at the Air Cargo India event in Mumbai were told.“This is India’s time for growth,” said Sanjiv Edward, chief executive – cargo and logistics at the GMR Group which operates Delhi, ...
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NewsAmazon closes US airfreight facility
Photo: AmazonAmazon Air is closing its airfreight facility at Kelly Field Airport, San Antonio, Texas, in a move that is set to affect ground handler employees at Worldwide Flight Services.E-commerce giant Amazon did not state why it is closing the facility at the joint-use airport, however, it told Air Cargo ...
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NewsAir cargo market shows signs of cooling after busy start to 2024
The latest figures show that the air cargo market is beginning to cool after a brisk start to the year caused by the Red Sea crisis and pre-Lunar New Year (LNY) rush.Figures from analyst WorldACD show that in week six, tonnages out of China declined by 2% compared with the ...
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NewsAir Cargo Community Systems aiding industry goals
Amar More, chief executive, Kale Logistics Solutions. Photo: Kale Logistics Solutions/ Meantime CommunicationsAir Cargo Community Systems (ACCS) are driving profitability and sustainability and accelerating digital take up in the industry, according to one software company.The industry is seeing these benefits because ACCS are supporting stakeholders from across the supply chain ...
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Etihad Cargo reports record pharma volumes
Etihad Cargo reported record cargo volumes last year following investments in its cool chain services.The Abu Dhabi-headquartered airline saw its pharma volumes increase by 37% year on year in 2023 while fresh and perishable shipments were up 10%.The airline said that the increases had come despite challenging market conditions and ...
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NewsSmartLynx Airlines appoints new CEO
Source: SmartLynxFast-growing carrier SmartLynx Airlines has appointed Edvinas Demenius as its new chief executive.Demenius, who replaces Zygimantas Surintas, has been a board member and chief commercial officer of SmartLynx Airlines for more than seven years.Jonas Janukenas, chief executive of Avia Solutions Group, said: "I believe that SmartLynx Airlines is ready ...
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Emirates expands e-commerce service to Kuwait
Emirates SkyCargo is continuing to expand its e-commerce delivery service with the addition of services to Kuwait.The Emirates Delivers service allows people based in Kuwait to order products from websites in the UAE, UK and the US and then have them delivered to their homes.Items are delivered from the retailer ...
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NewsAir Partner expands into Nordics with new business development manager
Kim Borgaard. Photo: Air PartnerCharter broker Air Partner is expanding to the Nordics region and has appointed Kim Borgaard as head of business development in this area.Borgaard joins Air Partner from Chapman Freeborn Airchartering where he spent 13 years as Nordic sales manager. Prior to working at Chapman Freeman, Borgaard ...
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Board changes at Freightos
Freight booking and payment platform Freightos is strengthening its board with the addition of Carl Vine, co-head of Asia Pacific equity investing at M&G Investments.William Chin, head of commodities at the Singapore Exchange, has also stepped down from the board of directors.Vine brings to Freightos' board experience in investing in ...
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NewsCargoTech hungry for growth
Air cargo technology group CargoTech is pursuing growth in its portfolio of companies with change management and large language models (LLMs) in mind.Cédric Millet, president of CargoTech, says the group is “aggressively” looking for companies that can fill gaps in its skill set.CargoTech currently includes Singapore-based online booking portal CargoAi, ...
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Bangkok handler BFS lifts its import cargo embargo
Handler Bangkok Flight Services (BFS) has cut short its embargo on import goods after it managed to clear a backlog caused by a surge in volumes.The Bangkok Suvarnabhumi Airport handler had been planning to run the embargo between midnight on Monday February 12 and the same time on Sunday February ...