Latest news – Page 439
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NewsDamco appoints new head of EMEA and network strategy
Naomi Landman, Damco Head of Europe Middle East and Africa (EMEA) and Network StrategyDamco has appointed Naomi Landman as head of Europe, Middle East and Africa (EMEA) and network strategy to drive growth in 2020.Landman brings two decades of forwarding experience and air freight expertise in senior management roles, most ...
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NewsSlot booking helps Liege handler improve truck handling times
Liege Airport Cargo Handling Services (LACHS) has reduced its truck handling times through the implementation of a slot booking system from Nallian.LACHS, which handles almost 200,000 tonnes of cargo per year and 150 trucks per day, said that using the system had helped it reduced the average time it takes ...
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NewsCarePod and OnAsset partner on pet transport
Pet travel container firm CarePod has partnered with OnAsset Intelligence for the tracking of pets as they are transported via air cargo.The partnership will see CarePod's pet containers equipped with OnAsset's tracking devices to allow location information to be transmitted during transport.The two companies said that airlines will be able ...
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A tough year for air cargo rates but some positives
Airfreight rates on major east-west trade lanes ended the year behind 2018 levels, but the picture is more positive when taking a longer term perspective.Data from TAC Index shows that in December rates on services from Hong Kong to North America declined by 22.6% on last year to an average ...
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NewsSF Airlines targets Indian market with second freighter route
China-based express carrier SF Airlines has expanded its operations to India with the launch of a second freighter service.The company has added a new flight between Shenzhen and New Delhi in addition to its Shenzhen-Chennai service launched earlier in 2019.Undertaken by SF Airlines' B747-400F, the new route will see two ...
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NewsDHL Express Asia Pacific announces new appointments
Tony Khan, president and representative director, DHL Express JapanDHL Express Japan has appointed Tony Khan as president and representative director. With his new appointment, Khan also becomes a member of the management board of DHL Express Asia Pacific.Khan succeeds Taketo Yamakawa, who retired in December last year. Previously, Khan served ...
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U-Freight prepared for stricter air cargo screening requirements
Hong Kong-based freight forwarder U-Freight has said it is well placed to meet new stricter air cargo screening requirements with its off airport X-ray screening facilities.The company installed an X-ray machine at its Golden Bear Industrial Centre in Hong Kong two years ago as it prepared for the introduction of ...
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Sigma Airlines adds first B747 freighter
Kazakhstan-headquartered Sigma Airlines has added its first B747 freighter aircraft.Aircraft tracking websites confirmed local reports that the B747-200F (UP-B4702) began flying for Sigma towards the end of last year.Previously, the 1987-built aircraft had been operated by US carrier Kalitta Air, Delta Air Lines and Northwest Airlines.Sigma Airlines began operations in ...
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Davies Turner Ireland bags AEO status
Davies Turner Ireland has gained AEO accreditation to help expedite shipments through customs.The freight forwarder was awarded the status by Irish Revenue, meaning it will be able to benefit from simplified customs procedures.Philip Stephenson, chairman of Davies Turner, said: "The AEO regime is one of a series of measures being ...
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Bain-Titan $1bn JV reflects a changing airfreight market
The joint venture between Bain Capital and Titan Aviation announced at the end of last year is expected to take aim at the e-commerce market and also reflects a changing air cargo market, according to one consultant.The joint venture deal will see Bain invest $360m of equity in the project ...
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NewsNew chief executive at Atlas Air Worldwide
John DietrichJohn Dietrich has taken over as chief executive of Atlas Air Worldwide.The promotion, first announced in July, sees Dietrich take over from William Flynn, who retires from the position after a 13-year tenure and will move over to become chairman of the board.Dietrich, who is also president of the ...
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NewsOn-Time Performance Review: Most punctual airlines and airports revealed
Analytics firm Cirium has ranked the world’s most on-time airlines and airports by size and region in its 11th annual On-Time Performance Review using data generated from its reporting and tracking tools.In Cirium's review, Russian airline Aeroflot is named as the world's most on-time global mainline airline (a carrier without ...
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NewsSaudia Group launches logistics services for Saudi airports
Saudi Arabian Airlines (Saudia Group) has launched the Saudi Arabian Logistics (SAL) company, a new division that will provide logistics and ground handling services at Saudi airports.Omar Talal Hariri, SAL chief executive, commented: "SAL will improve the quality of logistics operations and support the Kingdom of Saudi Arabia’s vision towards ...
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NewsAir cargo showed signs of life as 2019 drew to a close
The air cargo industry began to show signs of emerging from its slump as last year headed towards its conclusion.Data from analyst WorldACD showed that cargo demand in chargeable weight declined by 2.5% in November, an improvement on declines of 6.9% in August, 5.3% in September and 4.7% in October.Meanwhile, ...
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Elanders and Dimerco form air and sea freight forwarding joint venture
Taiwan-based global transportation and logistics specialist Dimerco has formed a joint venture with Elanders.As part of the joint venture, Dimerco has acquired 25% of Elanders’ subsidiary: ITG Air & Sea.Dimerco has the option to increase its stake to 49% after two years.The joint venture will allow ITG to better focus ...
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China Southern to spin off cargo business
China Southern has offloaded its cargo business as part of the Chinese government's mixed ownership reforms.According to an announcement from China's National Enterprise Credit Information Publicity System, the airline's parent, China Southern Air Holding, set up a new cargo business with a registered capital of Y1bn to operate the airline's ...
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Air Cargo News' Top 10 most read in 2019
With 2020 already underway, the Air Cargo News team decided that now is an ideal moment to share our most popular stories from the past 12 months. Despite 2019 being a challenging – and at times, unpredictable – year, there were significant positives, as our list below shows.So, which stories ...
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NewsAirfreight rates continued to climb as year came to a close
Airfreight rates continued to climb in November as average prices reached their highest level in 2019.The latest east-west airfreight price index from consultant Drewry's Sea and Air Shipper Insight report showed that prices reached $3.02 per kg in November – the highest level since December last year.The fact that 2019 ...
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NewsDamco: airfreight set for improvement in second half
Ferwin Wieringa[In 2019] the market has clearly gone down and there are multiple reasons for this, one of the significant ones being the uncertainty generated by the US/China trade war, writes Ferwin Wieringa, global head of airfreight, Damco.In addition, since consumer demand has also reduced this year, airfreight has not ...
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Large unmanned cargo aircraft set to take off, despite regulatory challenges
The traditional logistics supply chain is coming under significant and diverse pressures, ranging from climate change to human resource shortages, and infrastructure congestion, writes James Jordan, HFW senior associate.The solution to these problems may be on the horizon in the form of Unmanned Aerial Vehicles (UAV) and Large Unmanned Cargo ...