Latest news – Page 558
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News
CEVA cuts transit times for Rolls Royce aero-logistics
CEVA Logistics has completed phase one of a global inbound aero-logistics project for Rolls-Royce. Starting in 2017 and running through the first half this year, CEVA has designed, implemented and managed the domestic, regional and international shipment of aerospace parts for both the civil and defence divisions of Rolls-Royce.Over 1,200 ...
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CEVA continues to improve despite drop in airfreight volumes
CEVA Logistics saw its airfreight volumes decline during the second quarter as a result of the end of old customer contracts and ahead of the start of new ones.The latest financial results from CEVA show that total air cargo volumes declined by 1.3% year on year to 120,200 tonnes despite ...
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DHL and Ethiopian Airlines confirm African joint venture
DHL Global Forwarding and Ethiopian Airlines are to form a joint venture company to “build the leading cargo logistics provider joint venture company in Africa”.DHL-Ethiopian Airlines Logistics Services will be based in Ethiopia but will conduct business on the entire African continent, said the two companies in a statement.Ethiopian Airlines, ...
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Singapore Airlines sees cargo revenues rise in Q1 despite traffic decline
Singapore Airlines saw its cargo revenues jump during its financial first quarter, despite a drop in demand.Between April and June, the Asian airline saw cargo revenues increase by S$30m, or 6%, on the back of a yield increase of 9%, a reflection of the overall market trend.The improvement in yields ...
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UK sites bid to become logistics hubs for Heathrow's construction work
After the positive vote by Parliament for Heathrow’s expansion, airport management has visited 65 UK sites bidding to host a logistics hub for the construction work supply chain.The Heathrow Logistics Hubs are integral to the airport’s plans to ensure that the whole UK benefits from the expansion, helping to spread ...
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Panalpina announces new European chief executive
Panalpina today announced a new key hire - Christian Wurst as regional chief executive for Europe.Wurst will join Panalpina on February 19 from CEVA Logistics, where he held the position of regional manager Germany.Wurst has an "extensive track record" in the freight and logistics industry having worked for DB Schenker, ...
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Testing times for cargo says Cathay
Cathay Pacific is monitoring air cargo flows to the US from Hong Kong and China in order to assess the potential impact of trade tariffs initiated by Washington.The Hong Kong-based airline, operating both a sizeable freighter and passenger aircraft fleet, is also running some ‘proof of concept’ trials on Bluetooth ...
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Carter joins CEVA in contract logistics role
CEVA Logistics has appointed of Terry Carter to the newly created position of senior vice president transportation for Contract Logistics.Carter will be based in the US and report to Brett Bissell, chief operating officer for contract logistics.In his new role, Carter is charged with driving operational and commercial best practices ...
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DHL lands luxury brands logistics contract with Holt Renfrew
Holt Renfrew, Canada’s luxury brands retailer, has chosen DHL Global Forwarding DHL as its sole logistics provider for airfreight and customs brokerage services.DHL Supply Chain, the Americas contract logistics business within Germany’s Deutsche Post DHL Group, will also be part of the new partnership, providing warehousing and other expertise.The new ...
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Qantas Freight looks to cut perishables export times with new cargo service
Qantas Freight will launch a new direct seasonal freight service from Darwin to Hong Kong, supporting producers in Northern Australia to respond to growing demand from Asia.The new service – which will be the only direct cargo link between the Northern Territory and Hong Kong – will provide capacity to ...
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FedEx the latest to add a freighter service to Vietnam
FedEx is the latest freighter operator to add a new service to Vietnam as it looks to capitalise on an up and coming trade deal between the Southeast Asian country and the European Union (EU).The new four-times-per-week service will fly between the Vietnamese capital Hanoi and the FedEx Express hub ...
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Revenues and income increase at UPS in Q2
UPS saw revenues and net income increase during the second quarter of the year, while operating profit for the period came under pressure as a result of pension expenses.The express giant reported a 9.6% increase in total revenues for the second quarter to $17.4bn, operating profits declined by 13% to ...
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NewsEuropean cargo monthly: Demand slips in June
Cargo traffic at some of Europe’s major combination carriers declined in June, a reflection of the strong market this time last year and a general slowdown in trade on major lanes.Europe’s largest cargo carrier group, Lufthansa, saw cargo traffic across its airlines decline by 0.6% in June to 913m revenue ...
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AAC and NAC pilots vote in favour of new agreement
Pilots with Aloha Air Cargo (AAC) and Northern Air Cargo (NAC) voted to ratify an agreement providing wage increases, benefit improvements and increased job protection.Negotiations for separate agreements at AAC and NAC, both owned by Saltchuk, were underway in 2017 when the carriers announced a merger of the pilot groups."After ...
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Cathay Pacific homes in on real-time cargo tracking
Cathay Pacific is ramping up the trial of a new track and trace technology for cargo shipments after a successful test at its home hub.The Hong Kong airline, along with ULD firm Unilode and tracking technology provider OnAsset Intelligence, initially tested the practicality of using wireless devices in the multi-storey, ...
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United signs pharma ULD lease agreement
United Cargo has signed a global lease agreement with temperature controlled ULD firm Sonoco ThermoSafe.The agreement enables United Cargo’s TempControl customers to lease PharmaPort 360 temperature-controlled bulk shipping containers directly from the airline.Sonoco ThermoSafe says the PharmaPort 360 is the "industry’s only active temperature-controlled container" with a fully integrated, FAA-approved ...
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Germany retains top spot in Global Performance Index by World Bank
Germany has retained its pole position in the 2018 Logistics Performance Index (LPI) published by the World Bank.The biennial survey ranks countries through six criteria, including Customs and border management clearance, and the quality of trade and transport related infrastructure.While Germany came top in 2018 for the third time in ...
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Asia airlines see cargo growth slow in June
Airlines in the Asia Pacific region saw cargo demand growth weaken in June in line with a slowdown in the manufacturing sector.According to the Association of Asia Pacific Airlines (AAPA), carriers saw cargo traffic increase by 3.4% year on year in June, a slowdown on the 4.9% increase registered over ...
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Panalpina swoops on another perishables forwarder while profits rise in Q2
Panalpina has again expanded its perishables network with the acquisition of a majority stake in South African firm Skyservices, while it has also announced its results for the second quarter.The Switzerland-headquartered forwarder said the acquisition of Skyservices gives it a presence in Johannesburg and Cape Town. Details of the deal ...
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Swiss WorldCargo achieves CEIV Pharma for its airline business
Swiss WorldCargo has received IATA’s Center for Independent Validators (CEIV) Pharma certification encompassing the airline.The certification was awarded following an extensive review from IATA recognised independent auditors.The certification means that IATA now recognises the airline's "globally consistent pharmaceutical handling and processes" to maintain standards.Swiss WorldCargo’s Zurich hub received CEIV certification ...