Latest news – Page 374
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News
E-commerce growth and Covid-19 push to need to digitise
In the last several years alone, the freight forwarder and customs broker marketplace has experienced significant change.Driven by everything from the incredible e-commerce boom to new customer expectations, historic operational models in the sector no longer fit the bill in today’s digital world as they had decades ago.Compounded by the ...
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Cargo volumes continue to soar at Anchorage International
Ted Stevens Anchorage International Airport (ANC) reported a rapid increase in cargo volumes during the third quarter of the year as the use of freighter aircraft continued to surge.The Alaskan airport handled nearly 1m tonnes of cargo in the third quarter this year, a 25% increase in cargo tonnage compared ...
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Swissport set to operate at new Berlin airport
Swissport International is set to start operations at the German capital's new Berlin Brandenburg (BER) Airport.After having moved its services and operations from Berlin Tegel (TXL) and Berlin Schönefeld (SXF), Swissport will provide ground handling, ramp handling and passenger services at BER's terminals 1 and 5, starting from tomorrow.Meanwhile, the ...
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Union urges action as coronavirus cases rise among UPS pilots
UPS pilot unions are warning that a spike in Covid-19 cases amongst members could impact the company's performance during peak season.It is believed that more than 100 UPS pilots have recently contracted the virus.Following UPS president Carol Tomé expressing concern about a spike in Covid-19 cases among the company's pilots ...
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ATSG freighter deployments boost Q3 revenues and profits
Freighter lessor and operator ATSG saw revenues and profits increase in the third quarter of this year, partly due to its quarterly record of seven Boeing 767 freighter deployments to its leasing customers.In the third quarter of this year, the Wilmington-headquartered company reported a 10% year-on-year increase in revenues to ...
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Laredo International takes aim at cargo with development project
Aviation Facilities Company Management (AFCO), in a joint venture with American Triple I Partners (ATI), has been selected to develop cargo and logistics facilities at Laredo International Airport (LRD) in south Texas.The group anticipates developing a range of facilities and infrastructure, including cargo, logistics, and general aviation on a 75 ...
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IAG Cargo charter ops bump up Q3 revenues
In its latest financial figures, IAG Cargo has revealed that it made use of its scheduled capacity and "bespoke" charter operations to achieve an increase in revenues in the third quarter of this year.The company reported a 14.1% year-on-year increase in revenues, to €302m, for the period of July to ...
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NewsEveryone's a winner at the Air Cargo News Awards
American Airlines Cargo last night scooped the prestigious Cargo Airline of the Year Award 2020 at a unique 36th Air Cargo News Awards — the first ever digital ceremony.The awards usually take place every year in London, but the coronavirus outbreak limited the gathering of people; instead, an online awards ...
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News
Blue Dart sees profits rise in Q2
India’s Blue Dart Express handed its staff a $352 bonus after posting a ₹414m ($5.6m) profit after tax for its fiscal second quarter 2020, a 196% increase on the ₹140m ($1.9m) in the same period of 2019.Blue Dart, which is preparing for the logistics of distributing a Covid-19 vaccine, saw ...
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NewsLogistics Plus branches out into the cargo charter market
Logistics Plus (LP) has created a dedicated LP Air Charter Group within the company to focus on expanding its air cargo capacity and to develop global air charter business opportunities.The new group, based in Houston, is being headed up by industry veterans Russell Means and Axel Kaldschmidt.Means brings over 25 ...
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News
Fraport to develop a cargo handling data exchange
Frankfurt Airport management company Fraport is developing FRA-OS, a digital data exchange platform for cargo handling at Germany and Europe’s number one airfreight hub.The project is in cooperation with the Freight Unit of the German Customs Office, the Freight Forwarding and Logistics Association of Hesse/Rhineland-Palatinate (SLV), the Association of Air ...
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NewsCharter operation switches from sea to air
Charter firm deugro Air Chartering devised a modal shift from sea to airfreight to transport an oversized compressor from Germany to the US with an An-124 freighter aircraft.Together with deugro Houston, deugro Air Chartering planned initially to ship the cargo by sea, but due to the impact of the Covid-19 ...
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NewsABC B747-8F transports lengthy cargo
AirBridgeCargo Airlines (ABC) has partnered with TVS SCS / Pan Asia Logistics Germany to transport equipment, measuring 16 m in length, from Frankfurt to Zhengzhou.The lengthy cargo, which weighed almost 16 tonnes, is being used in a power transmission project in China.ABC used its XL team, which specialises in transporting ...
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News
Asian volumes boost UPS in Q3
Strong outbound demand from Asia helped fuel a 15.9% increase in third quarter 2020 consolidated revenues for UPS to $21.2bn.The US-headquartered global parcels and logistics giant saw third-quarter consolidated average daily volume increase 13.5% year over year, while operating profit was $2.4bn, up 11% compared to last year’s third quarter.Said ...
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NewsAstral adds first B767F through ATSG deal
African cargo airline Astral Aviation has expanded its fleet to include B767F aircraft through a deal with lessor ATSG.A B767-200 converted freighter was delivered to Astral by ATSG's Cargo Aircraft Management subsidiary under a five-year lease. This is the first aircraft ATSG has leased to Astral, as well as the ...
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NewsDSV targets e-commerce with Prime deal while air cargo improves in Q3
DSV Panalpina has acquired e-commerce specialist forwarder Prime Cargo, while it has also announced continued growth in its airfreight business in the third quarter.The Denmark-headquartered forwarder has agreed to purchase Prime Cargo, including its activities in Denmark, Poland and China, from the Mitsui-Soko Group in Japan for an undisclosed sum.Prime ...
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Senator establishes US Midwest base at RFD
German shipping firm Senator International has named Chicago Rockford International Airport (RFD) as its US Midwest hub.The company has been operating its own transatlantic cargo flights, known as its Senator Atlantic Bridge (SAB) since 2016 and it recently launched a twice-weekly service to RFD "offering a new and much needed ...
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NewsKalitta Air to become first operator of converted B777 freighter
Kalitta Air will become the first airline to operate Boeing 777-300ERSF converted freighters after signing an agreement with lessor GECAS Cargo.The US cargo airline has signed a deal for three of the B777s, which will be the world's largest twin-engine freighter, with the aircraft due to be delivered in 2023.The ...
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NewsAramex recruits Kipp to COO role
Aramex has announced the appointment of Thomas Kipp as the company’s new chief operating officer.Kipp brings over 25 years of experience across logistics, e-commerce and management consulting in Europe, Asia and North America.He will be responsible for overseeing Aramex’s global operations, business development, improving operational efficiencies, and championing crucial process ...
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NewsIAG Cargo promotes Peek to head of sales
Darren Peek, head of sales, IAG CargoIAG Cargo has promoted Darren Peek, formerly regional commercial manager - Europe and Africa, into the newly created role of head of sales.Peek has more than 25 years of experience in the industry and has previously has held senior roles at IAG Cargo and ...