Latest news – Page 568
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News
Etihad reports a loss for 2017 while cargo revenues remain flat
Etihad Airways reported its second annual loss in a row, although performance improved, while cargo revenues were flat and volumes decreased.The Abu Dhabi carrier saw total revenues increase by 3.4% last year to $6.1bn, while core airline loss reached $1.52bn, up from $1.95bn in 2016.Its cargo division saw revenues remain ...
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NewsDHL nets famous football goal transport operation
DHL has flown the goal used in Germany’s famous 7-1 semi-final victory over Brazil in the 2014 football World Cup halfway round the world to be exhibited around the country and raise money for charity.The kick-off for the goal’s journey took place on June 5 in Brazil when logistics specialists ...
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Google invests in JD.com as firms aim to create "frictionless shopping"
Online powerhouses JD.com and Google have announced a new partnership that will see the search engine invest $550m in cash in the e-commerce giant and work together on supply chains. Google and JD plan to collaborate on a range of strategic initiatives, including joint development of retail solutions in a ...
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Nippon Cargo Airlines grounds all flights
Nippon Cargo Airlines (NCA) has temporarily grounded all aircraft after an error was uncovered in maintenance records.The all-cargo aircraft operator said that an “inappropriate maintenance record” concerning the lubricating oil supply to the aircraft parts for one of its Boeing 747-8 freighters (JA 14KZ) had been found.Local reports say government ...
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NewsEuropean cargo monthly: Cargo growth slows in May
European airlines saw cargo growth slow in May, although the market was particularly strong this time last year.Europe’s largest air cargo combination carrier group, Lufthansa, saw cargo traffic during the month increase by 0.4% year on year to 908m revenue cargo tonne kms, which lags behind its growth rate for ...
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ECS Group sold as it looks to fund future acquisitions
Cargo sales agent ECS has been acquired by investment firm Naxicap Partners to help continue the GSSA's acquisition strategy.Naxicap said that in a market ripe for consolidation, offering a strong pool of build-up opportunities, the company intends to pursue an active strategy of acquisitions, "generating significant commercial synergies", while continuing ...
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Seminars outlining new UK Customs system hit the road
Freight forwarder group BIFA, Agency Sector Management (ASM) and HM Revenue and Customs (HMRC) have launched a series of seminars to outline the UK's new Customs system.Delegates at seminars held this week were told that whilst HMRC’s CHIEF computer system for submitting customs declarations in the UK has served the ...
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Peterson elected to ATSG's board of directors
Air Transport Services Group (ATSG) has elected Laura Peterson to its board of directors, effective June 14.Peterson brings 22 years of experience in the global aerospace industry at The Boeing Company, where she held a series of executive positions in aircraft sales, international business development, global strategy, government relations and ...
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NewsMadrid: fastest-growing cargo airport
A report from LogIndex, the data company that is part of freight forwarder Kuehne + Nagel Group, has ranked the world’s airports according to their airfreight growth rates on a moving 12-month basis (see below for table).LogIndex managing director and K+N Management global head of new business João Monteiro summed ...
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Flexport: new LA facility will support Hong Kong charters
San Francisco-headquartered freight forwarder Flexport has leased a 136,685 sq ft industrial facility in the South Bay area of Los Angeles.A statement said: “Now operating a charter flight from Hong Kong a few times a week with plans to intensify ahead, Flexport needed the building in order to be bonded ...
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Hoppe reconfirmed on ACCF board
At its recent general assembly, Air Cargo Community Frankfurt (ACCF) has reconfirmed Michael Hoppe, secretary general of the Board of Airline Representatives in Germany (BARIG), as an executive board member.Hoppe has been part of the Community since it was founded in 2014 and, in his role at BARIG, represents the ...
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CAPA: retired B747s could help solve cargo capacity crunch
A report from CAPA – Centre for Aviation – published earlier this month indicates that with airfreight demand on the up, the conversion of retired Boeing B747-400 passenger aircraft could help solve a potential capacity crunch – if the trend continues.CAPA said that the pool of available freighters is small, ...
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Brussels launches blockchain freight management app
Brussels Airport has launched its first application using blockchain technology, which it describes as the next step in the landside management tool it is developing with stakeholders in the BRUcargo airfreight community.Steven Polmans, head of cargo and logistics at Brussels Airport and chairman of the community organisation Air Cargo Belgium, ...
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Singapore Airlines extends WFS cargo contracts
Singapore Airlines has extended its cargo handling contracts with Worldwide Flight Services (WFS) in France and the UK.In France, the Paris-headquartered handler looks after the airline’s daily A380 flights from Paris-Charles de Gaulle as well as providing offline cargo reception points, handling and domestic trucking at all WFS stations across ...
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LATAM Cargo leaps forward with CROAMIS
Chile-based LATAM Cargo Group is implementing a new end-to-end cargo management system, CROAMIS, developed by global IT, consulting and business process services company Wipro.The next-generation system is expected to be completely deployed by 2020 and will replace several existing systems, thereby increasing efficiency.Covering all business functionalities, from planning to money ...
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Panalpina continues perishables expansion with Newport Cargo deal
Freight forwarder Panalpina has continued to expand its perishables network with the acquisition of Argentina’s Newport Cargo.The Switzerland-based company is aiming to be the preferred global supplier of perishables logistics services by 2020. Its Perishables Network currently spans 25 countries.Panalpina chief executive Stefan Karlen said: “Panalpina’s perishables activities originated in ...
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Internet shopping a ‘tsunami’ for global logistics
According to David Jinks, head of consumer research at London-headquartered package delivery service provider ParcelHero, internet shopping will transform global commerce and logistics within a decade.In a speech at the Digital Ship Maritime CIO in London on June 21, he will sum up: “From Amazon’s own aircraft and shipping services, ...
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Emirates adds Luanda belly capacity
Dubai-based Emirates Airline is to reinstate two weekly Boeing B777-300ER services between its home hub and Luanda, taking the number of flights per week on the route to five as of July 1 and upping the frequency to daily in its Winter schedule later this year.Each of the new flights ...
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Widerøe goes live with GALAXY
Norway’s Widerøe Ground Handling has gone live on Kale Logistics Solutions’ GALAXY web-based air cargo management system as part of a phased implementation of the technology at airports in its network across the Nordic region.India-based IT solution provider Kale says GALAXY facilitates automation, visibility and control as well as helping ...
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Evolving freight forwarders remain optimistic
A white paper entitled The Evolving Freight Forwarding Market (2018) and based on 50 responses to a survey carried out by logistics research and consultancy firm Logistics Trends & Insights (LTI) in April reveals a great deal of optimism among the forwarding community – in spite of questions of viability ...