Latest news – Page 252
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NewsAmazon's plans at Newark Liberty Airport are scrapped
Plans for Amazon to develop air cargo facilities at Newark Liberty International Airport in New Jersey, US have been scrapped.The Port Authority of New York and New Jersey (PANYNY) said on July 7 that negotiations with Amazon regarding a lease to develop existing air cargo buildings at the airport had ...
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NewsCardinal Global Logistics appoints marketing and sustainability boss
Kelly Hobson. Photo: Cardinal Global LogisticsUK-headquartered freight forwarder Cardinal Global Logistics has appointed its first chief marketing and sustainability officer.Kelly Hobson began in the role on July 1 and is responsible for the overall creation and implementation of a global marketing and sustainability strategy.In 2021, Cardinal Global Logistics saw a ...
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Caribbean Airlines expands air cargo network to Cuba
Caribbean Airlines has expanded its air cargo network to Cuba, effective June 28.Through a partnership with general handling agent Aerovaradero, the airline will offer air cargo services twice weekly into Havana on its scheduled passenger flights.Customers will have the option to transport general cargo, pharmaceuticals, live animals and perishable goods ...
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NewsASL Aviation grows financial facility as its freighter fleet renewal programme advances
ASL Airlines Ireland B737-800BCF. Photo: ASL Aviation HoldingsASL Aviation Holdings has completed the extension and upsizing of its existing debt facility with Goldman Sachs as it continues with its freighter fleet renewal programme.The agreement builds on the Dublin, Ireland headquartered global aviation services group’s relationship with Goldman Sachs to ...
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NewsCathay Pacific freighter completes first comercial flight on new Hong Kong runway
Source: Cathay PacificA Cathay Pacific freighter has completed the first commercial flight to land at Hong Kong International Airport's (HKIA) new third runway.The landing of flight CX3251 from Shanghai Pudong operated by a Boeing 747-400F freighter at 08:27am on July 8 was conducted as part of the operation familiarisation on ...
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NewsIATA remains positive for cargo despite latest demand decline
The latest statistics from IATA show that air cargo demand declined again in May but the association is positive for the coming months as production in Asia continues to ramp up following Covid restrictions earlier in the year.The IATA figures show that air cargo demand in cargo tonne-km (CTK) terms ...
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NewsAir Premia goes live with IBS Software's iCargo air cargo solution
Photo: IBS SoftwareSouth Korean start-up airline Air Premia has gone live with IBS Software's iCargo Management solution for its air cargo business.The mid- to long-haul start-up from South Korea was founded in July 2017 and started operations in Aug 2021. With operations based at ICN airport, Air PREMIA flies to ...
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Unexpected airfreight rate stagnation down to fuel prices and a slowing market
Many had expected the opening up of Shanghai and Hong Kong following strict Covid lockdowns to result in a surge in rates from Asia as factories played catch up following months of closure.However, TAC Index figures show that rates actually declined marginally in June compared with May from Hong Kong ...
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Kuehne+Nagel's Klaus-Michael Kuehne increases stake in Lufthansa to 15%
Kuehne+Nagel majority owner Klaus-Michael Kuehne has increased his stake in German airline Lufthansa to 15% to become the airline's largest shareholder.In a shareholder notification on its website, Lufthansa said that Kühne's share in the business had increased from 10% to 15.01% on July 5.It was only in April that Kuehne ...
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NewsRaya responds to growing demand with freighter additions
Source: ST EngineeringMalaysia-based Raya Airways will lease four Airbus narrowbody Passenger-to-Freighter (P2F) aircraft from ST Engineering as it looks to respond to growing demand.The tie-up will see the company lease two A320P2Fs and two A321P2Fs following the conversion of the aircraft by Elbe Flugzeugwerke (EFW), which is the joint venture ...
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NewsAir Charter Service adds new Gatwick office
Alex Sadler. Source: Air Charter ServiceCharter broker Air Charter Service has opened a new office in Gatwick in the UK as part of the firm's growth plans.The new office will be headed up by Alex Sadler who has worked for ACS for more than a decade.The company said that the ...
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NewsCAMEX Airlines takes delivery of first B737-800 Boeing Converted Freighter from BBAM
Boeing 737-800 BCF Photo: BBAMGeorgia-based CAMEX Airlines has taken delivery of its first Boeing B737-800 Boeing Converted Freighter (BCF) from San Francisco, California-headquartered lessor BBAM.The cargo charter airline, based at Tbilisi International Airport, said on its website that it operates B737-800F and 737-800BCF aircraft but does not specify how many ...
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NewsNew MD for time:matters Singapore
Jon Norvald Haugen. Source: time:mattersTime-critical logistics firm time:matters Singapore has appointed Jon Norvald Haugen as its new managing director.Haugen started the role on July 1 and succeeds Wolf-Dieter Schwarz, who led time:matters Singapore since 2013 but has now retired.Prior to his new role, Haugen held various management roles within Lufthansa ...
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Air France-KLM to pay millions in US mail scandal settlement
Air France-KLM has agreed to pay $3.9m to resolve its alleged liability under the US False Claims Act for falsely reporting information about the transfer of US mail to foreign posts or other intended recipients under contracts with the US Postal Service (USPS).This is according to the US Department of ...
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NewsGeodis appoints executive vice president, commercial and marketing
Laurent Melaine. Geodis’ executive vice president, commercial and marketing. Credit: Thomas LaisnéFreight forwarder Geodis has appointed Laurent Melaine as executive vice president, commercial and marketing.He is a member of the executive committee, reporting to Marie-Christine Lombard, chief executive.Melaine began his career at Transports Graveleau and then Dachser, holding various business ...
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NewsAir cargo volumes down again while rates continue to cool
Air cargo demand declined compared with a year ago for the fourth month in a row in June, according to the latest statistics from CLIVE Data Services.Figures from the Xeneta-owned data provider show an 8% year-on-year decline in chargeable weight in June, following on from drops in March, April and ...
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NewsAirforwarders Association appoints new Rock-It Global board member
Jacob Fisher, vice president and general counsel, Rock-It Global, and AfA board member. Photo: Rock-It GlobalThe Airforwarders Association (AfA) has appointed Jacob Fisher, vice president and general counsel at Rock-It Global, to its board with immediate effect.Fisher was elected to fill an interim slot created by the departure of Brendan ...
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Vancouver International Airport adopts community system to meet airfreight growth
Vancouver International Airport (YVR) will implement Kale Info Solutions' Airport Cargo Community System (ACCS) as it looks to meet growing airfreight volumes.A proof of concept of Kale’s ACCS will take place ahead of full implementation of the solution at the airport, which is the second-largest in Canada.The airport hopes the ...
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NewsDynamic International processes UK's first electronic ATA Carnet
Tony Scott, Dynamic International. Source: Dynamic InternationalTime critical logistics firm Dynamic International has processed the UK’s first electronic Temporary Admission (ATA) Carnet at London’s Heathrow Airport using a new app developed by the International Chamber of Commerce (ICC).Dynamic International, working with ATA Carnet provider and sister company Dynamic Dox, transported ...
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NewsWFS decarbonises air cargo facilities at Copenhagen Airport
Solar panels on WFS facility at Copenhagen Airport. Photo: WFSWorldwide Flight Services (WFS) has partnered with NRGreen to power its air cargo facilities at Denmark’s Copenhagen Airport with solar power and decarbonise its operations.The 1.4MW solar power system initiative involves positioning 3,500 high efficiency solar panels across the existing 10,000 ...