Latest news – Page 546
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News
Imperial Logistics International appoints Bicil as it prepares for expansion
Hakan Bicil has taken up his new post as chief executive of Imperial Logistics International (ILI), the international division of Johannesburg-based Imperial Logistics.Reporting to Imperial Logistics Group chief executive Marius Swanepoel, Bicil is charged with accelerating the development of the Group’s international business - which currently accounts for some 40% ...
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BACA urges Volga-Dnepr to 're-think' broker snub
BACA, the worldwide air charter association, has urged Volga-Dnepr Airlines to"re-think" its decision to stop using charter brokers for its fleet of An-124-100 and IL-76TD-90VD freighters.The Russian carrier has written to brokers informing them that in future it will be dealing with clients directly only, cutting out the role of ...
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US shippers hit out at latest round of US tariffs
The National Retail Federation (NRF) has criticised the latest round of US tariffs on Chinese products, saying that American families will pay the bill.The new 10% tariff on $200bn worth of Chinese goods are likely to have more of an impact on airfreight than the two previous rounds as they ...
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FedEx revenues and profits on the up in fiscal Q1
FedEx saw revenues and profits increase by double-digit percentages during its fiscal first quarter as higher volumes, improved yields and lower fuel costs benefitted the company.During the June-August period, the express giant recorded a revenue increase of 11% year on year to $17bn, while operating income improved by 10% to ...
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DP DHL to create e-commerce division headed by Ken Allen
Deutsche Post DHL (DP DHL) is establishing an e-commerce division to ensure it can take advantage of the growing sector.The German postal and logistics giant said that separating e-commerce from its Post and Parcel (PeP) division would allow the postal business to concentrate on its turnaround plans.At the same time, ...
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Telair cargo handling system picked for 321Precison's freighter conversions
321 Precision Conversions (321PC) has selected Telair as the cargo handling system provider for its Airbus A321-200 passenger-to-freighter programme.Germany-based Telair said that its main deck cargo system is "the most versatile and ultra-light weight system on narrow body freighters in the industry," offering Precision converted A321PCF customers "a wide variety ...
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BIFA expands training team with Capaccioli appointment
The British International Freight Association (BIFA) has expanded its training team with the appointment of Claire Capaccioli as trainer – freight and customs procedures.The freight forwarder trade association said it anticipated a significant increase in the training requirements of its members.Carl Hobbis, training development manager: “One year ago, when Graeme ...
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Ten years after, airfreight still feels the effects of the global financial crisis
A decade after the collapse of Lehman Brothers and the global financial crisis (GFC) that followed, airfreight volumes are still feeling the effect.IATA says that the 22% peak-to-trough decline in freight tonne kilometres (FTKs) during the GFC was almost twice as large as that seen in the previous freight downturn ...
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Lufthansa Cargo processes the world's first electronic dangerous goods declaration
Lufthansa Cargo has handled the world’s first electronic Dangerous Goods Declaration (eDGD) shipment using Dakosy’s INFr8 shipping portal.A shipment from healthcare company Abbott based in Wiesbaden was flown on board cargo flight LH8222 from Frankfurt to Mexico City last Thursday.Lufthansa said that the dangerous goods process has traditionally been paper-based ...
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Freightos raises $44m to fund expansion
Online freight rate portal Freightos has raised $44m to fund expansion of its business with new operations and new capabilities.The Series C funding round was led by the Singapore Exchange (SGX) and included General Electric Ventures, ICV, Aleph, and others.Freightos said it would use the money to expand its services ...
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Agility achieves human-use WDA authorisation for UK facilities
Logistics firm Agility has received a Wholesaler Distribution Authorisation for Medicines for Human Use (WDAh) from the UK Medicines Healthcare & Regulatory Agency (MHRA).The certification authorises warehousing and cross-dock of a wide range of pharmaceuticals, including finished products and active pharmaceutical ingredients (API) under ambient and cold chain conditions.The certification ...
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Air Charter Service opens Swiss cargo department
The Geneva office of charter firm Air Charter Service (ACS), has launched a cargo department, adding to the operation’s private jets and group travel divisions in the Swiss city.Dan Morgan-Evans, Global Cargo Director at ACS, said: “We’ve always serviced our numerous cargo clients in Switzerland through our UK, French and ...
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SpiceJet signs MoU for freighter services to Afghanistan
SpiceJet will launch freighter services to Afghanistan in October after taking delivery of its first all-cargo aircraft.The flights, which will be operated by its SpiceExpress cargo division, will begin on October 15 flying between Delhi and Kabul with volumes expected to reach around 1,500 tons per month.The flights come after ...
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Turkish launches Mexico City freighter services
Turkish Cargo is launching B777 freighter services to Mexico City from October 3, making the 85th pure cargo destination for the carrier.Flights will be operated with two different return routes back to Europe, with both outbound freighters starting in Istanbul, arriving in in Mexico City via Madrid. The first aircraft ...
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Swissport expands Heathrow cargo capacity through SEGRO deal
Ground handler Swissport has expanded its cargo presence at Heathrow Airport by taking a 36,000 sq ft facility from SEGRO.Swissport has signed a 10-year lease at Unit 1, SEGRO Park Portal Heathrow, a Grade A warehouse facility that also includes office space.The move comes as cargo volumes continue to grow ...
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Berry important perishables customer for Turkish Cargo
Turkey's blackberry season has seen Turkish Cargo transport the latest crop on board its passenger aircraft at 2°C in cold chain status for delivery in Dubai, Jeddah, Riyadh and Hong Kong.Growing in May, June, July and August, the special Chester variety of Blackberry has "a taste rich in antioxidants, vitamins, ...
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Air cargo set for disruption as Hurricane Florence hits US east coast
The air cargo industry is bracing for disruption to US supply chains as Hurricane Florence starts to lash North and South Carolina.The storm is expected to bring wind speeds of up to 90mph while torrential rain fall is expected to result in catastrophic flooding and there are predictions of life-threatening ...
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Ethiopian and Western Global hope to partner on US mail to Africa
Ethiopian Airlines has applied to the US Department of Transportation to begin a code share agreement with all-cargo airline Western Global for the transportation of US mail to Africa.The African airline hopes to be able to display Western Global's KD designator code on its flights once the US cargo airline's ...
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Luxembourg, Cargolux and Bank of China sign finance MoU
Luxembourg’s finance ministry, freighter operator Cargolux and Bank of China have signed a Memorandum of Understanding for a $155m global credit line, with a first phase of around $45m implemented immediately.The agreement, signed in Beijing, foresees “several realms for cooperation in order to strengthen bilateral ties which include mid-term credit ...
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Plea for help in sending a Grand Piano from Munich to Chile, for Easter Island charity
Germany’s air cargo industry has been asked to transport a Grand Piano from Munich to Chile as part of charity donation to a music school on Easter Island.Composer and film producer Roberto Fischer, based in Munich, has offered his refurbished 1903 vintage Ibach Grand Piano to the Toki Rapa Nui, ...