Latest news – Page 453
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News
Geodis launches Hong Kong–Mexico freighter service
Freight forwarder Geodis has launched a weekly airfreight service between Hong Kong and Mexico and hopes to soon increase frequencies.The company said the charter service, named AirDirect Mexico, was a "completely new, non-stop service" that would provide customers with a "highly reliable solution" and secured capacity.Geodis did not reveal which ...
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IAG acquires Air Europa in bid to transform Madrid
IAG has agreed to acquire another Spanish operator, Air Europa, for a cash transaction of €1 billion ($1.1 billion).IAG says the agreement – placing the carrier under Iberia – will transform its Madrid hub into a "true rival" to other major European bases such as Paris, London and Frankfurt.From Madrid, ...
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NewsBIFA to launch Anglia Young Forwarder Network regional group
The British International Freight Association (BIFA) is planning to add another regional group to its Young Forwarder Network, which it launched earlier this year.The new Anglia regional group will be launched next week (November 13) at Ipswich Town Football Club.At the launch, guest speakers from Operation Pandora - a European-wide ...
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NewsEtihad Cargo continues digitisation drive with new cargo control centre
Etihad Cargo has opened a new cargo control centre (CCC) at its head office in Abu Dhabi. The new CCC marks a year since the airline began its digitisation initiative.The new CCC will serve as a hub for real-time monitoring, tracking and management of all shipments, flights, and UAE road ...
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DHL Hong Kong Air Trade Leading Index publishes Q4 results
The fourth quarter DHL Hong Kong Air Trade Leading Index (DTI) recorded a drop of 7.7 points from last quarter, down to 26 points.Sales volumes dropped by 9 points in the fourth quarter, from 32 points last quarter to 23 points this quarter.Meanwhile, product variety index fell from 40 points ...
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UPS China announces new president
UPS has announced its new president of UPS China: Michelle Ho.Ho has 26 years of experience working in the logistics industry. She previously held a role as financial controller for UPS China and most recently, president for the South Asia district of UPS Asia Pacific.Succeeding Harld Peters, Ho will now ...
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Volga-Dnepr confirms capacity-increasing An-124 upgrade
Volga-Dnepr has confirmed the upgrade of one of its An-124 aircraft to increase capacity.The upgrade has increased the aircraft's capacity by 20 tonnes, allowing a maximum total cargo payload of up to 150 tonnes. The upgrade now enables a single piece of cargo, weighing up to 120 tonnes, to be ...
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Flexport announces Vietnam facility as manufacturers shift to Southeast Asia
Flexport has opened a new warehouse in Thu Dau Mot City, just outside of Ho Chi Minh City in Vietnam as manufacturers switch to the Southeast Asian country to avoid the ongoing China-US trade war.The new facility will serve as a "vital hub" for operations in Southeast Asia, the forwarder ...
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CEVA Logistics sets up operations in Sri Lanka
CEVA Logistics has opened a new facility in Sri Lanka to serve clients in the island country, as well as in the Maldives.CEVA Logistcs customers in Sri Lanka and the Maldives will have access the company's multimodal services (air, sea and road transportation solutions), IT capabilities and other additional services.CEVA ...
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WorldACD: Special cargo bucking the trend
Analysis from WorldACD indicates airfreight volumes for September 2019 are similar to that of the previous six months, with a 5.4% decrease in volumes and a 6.1% direct ton km (DKT) decrease.However, special cargo is playing an ever-more important part in differentiating airfreight markets as demand in general remains weak.Over ...
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Menzies Aviation partners with ULD CARE to deliver new training materials
Menzies Aviation has teamed up with the trade association ULD CARE to deliver new training materials about cargo build-up, which is critical to the safe and reliable operation of ULDs during flight, as well as the protection of customer equipment.The release of the new training materials follows Menzies Aviation's signing ...
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CargoLogicAir to halve fleet due to challenging market conditions
CargoLogicAir has announced it will reduce its freighter fleet by half early next year as it continues to battle “challenging market conditions”.The Stansted-hubbed airline said that in early 2020 it would reduce its B747 fleet to two aircraft from its current line-up of four – three B747-400Fs and one B747-8F.The ...
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FedEx Express broadens international options
FedEx Express has added 14 new Asia Pacific origin markets to its International First service to the US and Canada, bringing the total to 25 Asia Pacific origin markets.“Asia Pacific remains an engine of the global economy, powering the growth of global trade,” said Karen Reddington, president, Asia Pacific at ...
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News‘Hot ice’ discovered at Sydney airfreight depot
A handout photo made available by New South Wales Police on 31 October 2019 shows bottles of sriracha chilli sauce containing methylamphetamine that were seized in Sydney, Australia. A joint investigation led to the arrest of four men over the importation of 400kg of methylamphetamine concealed in the bottles.The Australian ...
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New positions for Swissport's Steiner and Skinner
Swissport has allocated new roles to two managers in its air cargo and ground services businesses.Rudolf Steiner is the company's new head of cargo EMEA and Mark Skinner will serve as head of business development and sales EMEA. Both will commence their new roles from today (November 1) and will ...
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WOW Air prepares to make a cargo comeback
Icelandic airline WOW, which offered budget passenger flights before folding in March this year, is making preparations to start operating as a cargo airline.The new WOW airline was initially going to provide passenger flights from October this year, but later announced a two-month delay.According to RÚV and Icelandic Review, WOW ...
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ATC Aviation partners with Air Astana
Leading GSSA (general sales and services agent) ATC Aviation Services has announced a new partnership with Air Astana in Europe.Founded in 2001, Air Astana is the national carrier of Kazakhstan and is headquartered in Almaty.The airline offers a route network within Kazakhstan and serves international destinations in Europe and Asia. ...
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NewsDSV Panalpina transaction ‘all-important’
Denmark-headquartered multimodal forwarder DSV Panalpina Group has highlighted the role of DSV’s acquisition of Panalpina in its third-quarter results.Jens Bjørn Andersen, group chief executive, said: “The closing of the Panalpina transaction on 19 August was the all-important event in Q3. We have had a good start to the integration and ...
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American Airlines Cargo's digital drive gathers momentum with iCargo roll out
American Airlines Cargo (AA Cargo) began rolling out a new end-to-end cargo management system on October 1.Powered by the iCargo platform and implemented in partnership with IBS Software, the new tool will replace most of AA Cargo’s legacy technology, reducing the number of systems from 90 to ten. It will ...
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ACI World notes ‘downward pressure’
According to data compiled and analysed by Airports Council International (ACI) World, the global airfreight market continued to decline in August, as volumes fell by 5% compared with the same month of 2018.Global trade and economic challenges contributed to the tenth consecutive months of negative growth, whether in terms of ...