Latest news – Page 238
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News
Gesher and Freightos merger and listing plans progress
Publicly-traded special purpose acquisition company Gesher I Acquisition Corp. and cargo booking portal Freightos have progressed their plans to merge and list the portal on the NASDAQ exchange.In June, Freightos and Gesher entered into a definitive merger agreement to see the portal being listed on the NASDAQ stock exchange.The companies ...
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Forwarder deugro sells its Russian business
Project forwarder deugro has sold its Russian business following the outbreak of war in Ukraine.The company said that the deal was completed on September 5 and the sale was a buyout by former local management."This concludes deugro’s intent of divesting its interests in Russia since the advent of the war ...
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Freight data platform Xeneta raises funding to expand
Sea and airfreight data provider Xeneta has raised $80m in funding that will be used to expand its commercial team and invest in developing the platform.Xeneta, which acquired airfreight data firm CLIVE Data Services in January, said the investment was led by private equity advisory form Apaz, with participation from ...
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NewsPeli BioThermal launches new tailored service
Source: Peli BioThermalTemperature-controlled packaging firm Peli BioThermal has launched a new service that uses data analysis to decide which packaging is best for a customer's requirements.Crēdo Go customers work with a product specialist at the company to identify opportunities for improvement and cost reduction based on customer-specific data points that ...
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NewsDronamics partners with Cotesa to manufacture cargo drones in Europe
Dronamics has partnered with Cotesa to manufacture drones in Europe. Photo: DronamicsMiddle-mile drone company Dronamics has partnered with composite manufacturer Cotesa to manufacture long-range cargo drones in Europe.The manufacturing partnership with Cotesa, a European manufacturer of high-quality composite fibre components for aerospace and automotive companies, supports the demand for Dronamics' ...
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Schiphol hit by staff shortages with airlines asked to cancel flights
Schiphol Airport on Monday asked airlines to cut flight numbers after being again hit by staff shortages.The Dutch airport asked several airlines to cancel flights between 16:00 and 23:00 on September 12 due to security staff shortages."After weeks of improvement, Schiphol did not expect to have to take these measures ...
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NewsEtihad Cargo positive about new Guangzhou flights
Source: Etihad CargoEtihad Cargo is hoping to capitalise on the addition of new passenger flights to China in October.The two weekly flights to Guangzhou will utilise B777 aircraft offering 30 tonnes of bellyhold cargo capacity per flight.Etihad said it would be the first international airline to operate long-haul passenger and ...
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Teleport to add three leased Airbus A321 freighters
Teleport is expanding its fleet with the addition of three Airbus A321 freighters leased from BBAM.This increases the cargo-only fleet of Teleport, the logistics venture of Capital A (formerly AirAsia Group Berhad), to four freighters in total, in addition to belly capacity provided by over 200 exclusive AirAsia passenger aircraft.Each ...
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NewsScan Global Logistics adds second UAE office this year
Source: Scan Global LogisticsFast-growing forwarder Scan Global Logistics (SGL) has opened its second office in the UAE in less than a year.The new office is based in the Abu Dhabi Airport Freezone, which SGL said would allow fast freight handling, including expedited customs services."By having customs close by, we can ...
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BBN plans to set up Indonesian cargo airline
Holding company BBN Cargo Airlines is planning on adding a new airline based in Indonesia as it looks to capitalise on growth in the region.BBN Cargo Airlines, which operates Iceland-based cargo airline Bluebird Nordic, said BBN Airlines Indonesia would be based out of Jakarta.BBN Airlines Indonesia is in the process ...
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UAE approves first electric cargo plane
The United Arab Emirates (UAE) has approved a temporary licence for the first all-electric, zero-emissions cargo plane in the region.Mohammed bin Rashid Al Maktoum, vice-president and prime minister of the UAE and ruler of Dubai, said in a Twitter post: "In the Council of Ministers, we approved the temporary license ...
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Ethiopian to lease B767 freighters from Titan
Ethiopian Airlines has signed up to lease three Boeing 767-300ER converted freighters from Titan Aviation.The African carrier will take delivery of the first of these aircraft later this month, with the second delivery planned for later this year, and the third aircraft planned for 2023.Ethiopian Airlines Group chief executive Mesfin ...
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Liege Airport appeals permit that will reduce "activities drastically and rapidly"
Cargo specialist Liege Airport will appeal a recently published environmental permit because of limits on flights and noise.The airport welcomed the 20-year permit but said that it contains two problematic conditions: a maximum limit of 50,000 aircraft movements per year for aircraft over 34 tons, and an obligation to reduce ...
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NewsCargoTech grows with its fourth member
Digital air cargo project CargoTech is growing with the addition of new Netherlands-based data intelligence company Rotate.Founded on June 1, Rotate was established to provide air cargo data as well as support and training.By adding Rotate to its portfolio of companies, CargoTech said it gains an increasingly important niche focus, ...
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NewsVietravel Airlines and Asean Cargo Gateway partner on new cargo airline in Vietnam
Representative of the Board of Directors of Vietravel Airlines and Asean Cargo Gateway. Photo: Vietravel AirlinesVietnam’s Vietravel Airlines aims to launch a new cargo airline in cooperation with logistics service Asean Cargo Gateway (ACG).With stakes of 51% and 49% in VUAir Cargo respectively, Vietravel Airlines and ACG anticipate the first ...
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NewsEFW hits conversion milestone and delivers freighter to MNG Airlines
Conversion house Elbe Flugzeugwerke (EFW) has hit a milestone with the completion of 20 A330-300 passenger to freighter conversions (P2F) and the second A330P2F for MNG Airlines.This second A330-300P2F has been re-delivered to Turkey-based MNG and is scheduled for starting commercial operations in the coming days, said EFW in a ...
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NewsAir Charter Service launches dedicated time-critical division
Source: Air Charter ServiceCharter firm Air Charter Service (ACS) has launched a new time-critical business in order to consolidate its various services for urgent shipment requests.The new ACS Time Critical sub-brand brings together a range of existing services under a single umbrella.These services include go-now cargo aircraft charters, with onboard ...
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NewsAero Africa opens Nairobi office
Absolom Ngari. Source: Aero AfricaAir cargo service provider Aero Africa has opened a new regional office in Nairobi.The new office will look after the group’s interest in the region, operating as a control tower and centralised service centre in East Africa."The new team focuses on promoting Aero Africa’s digital airfreight ...
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NewsReliable Robotics and Astral team up on autonomous flying
Reliable Robotics uncrewed Cessna 172. Source: Reliable RoboticsAutonomous aircraft firm Reliable Robotics and Kenya-based airline Astral Aviation have launched a new partnership they hope will increase the use of drones in sub-Saharan Africa.The two companies said that through the partnership they will work together to develop operational, regulatory, and business ...
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Hong Kong airfreight volumes hit by e-cigarette transhipment restrictions
Air cargo volumes out of Hong Kong are being affected by regulations around the transport of e-cigarettes into the special administrative region (SAR) for transhipment.The Hong Kong Association of Freight Forwarding and Logistics (HAFFA) said that in April the Smoking Ordinance 2021 came into operation banning the import of smoking ...