Latest news – Page 582
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News
Reports suggest Temasek considering investments in HNA's Swissport and airlines
Reports continue to circulate that Singapore state investor Temasek is looking to invest in several of debt-laden HNA's aviation assets.The South China Morning Post and Reuters have both reported unnamed sources as saying that Temasek Holdings is interested in buying a stake in Hong Kong Airlines and Hong Kong Express ...
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Container shipping giant to invest in 25% CEVA stake
Container shipping giant CMA CGM has reached an agreement to purchase a 25% stake in freight forwarder CEVA Logistics.To obtain its share, the world’s third largest box carrier will subscribe to a convertible bond offering of between Sfr380m and Sfr450m.These securities will be convertible into common shares subject to obtaining ...
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Frankfurt handlers introduce mandatory truck booking to reduce congestion
Frankfurt cargo handlers Frankfurt Cargo Services (FCS) and LUG aircargo handling will require all trucks to book a slot before arriving at their respective facilities at the German cargo hub from May 15.The handlers will require all slots for loading and unloading to be booked online via the Dakosy Fair@Link ...
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Boeing delivers the first B737-800BCF freighter
Boeing has delivered the first B737-800 Boeing Converted Freighter (BCF) to launch customer GE Capital Aviation Services (GECAS) and operator West Atlantic.“We’re excited to be the first operator of the B737-800BCF,” said West Atlantic’s chief executive, Fredrik Groth.“The additional capacity and Next-Generation efficiency offered by this new aircraft will deliver ...
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US Pilots hit out at FAA study into single-pilot cargo aircraft
US pilot unions have hit out at Federal Aviation Administration (FAA) plans to conduct a study into the use of single pilot cargo aircraft.Contained within the FAA Reauthorization Act of 2018 is a programme that would see the FAA, in consultation with NASA and other relevant agencies, establish a research ...
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dnata UK achieves GDP certification
Ground handler dnata UK has been awarded certification for Good Distribution Practice (GDP) by the UK Medicines and Healthcare Products Regulatory Agency (UK MHRA).The UK MHRA granted dnata full Wholesaler Dealer Authorisation (WDA) after it completed the organisation’s Good Distribution Programme, while simultaneously investing in pharma handling technology at several ...
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NewsTLX Cargo has a cool phase-changer cover for hot tarmacs
A team of British scientists at TLX Cargo have found a solution to the problem of hot lane temperature excursions on airport tarmacs.They have invented what is claimed to be the world’s first cargo cover/thermal blanket that incorporates Phase Change Material (PCM) in its structure.TLX Cargo sales director Thomas Hunt ...
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NewsUnited buoyed by improving cargo revenues
United Airlines Cargo saw cargo revenues improve by double-digit percentage levels during the first quarter of the year on the back of volume growth and higher rates.The Chicago-headquartered airline saw first-quarter cargo revenues increase by 23.1% year on year $293m – its sixth quarterly improvement in revenues in a row.Much ...
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Nordic seafood market booms as another operator considers a freighter service
The continued growth of seafood volumes in the Nordics is pushing more companies to consider launching direct freighter services to the region.The latest company to study the potential for a freighter service is Saudia Airlines Cargo, which is holding meetings over the coming days with potential customers regarding the possibility ...
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Amazon "in talks" with Azul over Brazil e-commerce says Reuters
Reuters reports that Amazon is in talks with Brazilian passenger airline Azul for e-commerce deliveries, quoting two "sources with knowledge of the matter" and calling it the "latest sign of the retailer’s big plans in Latin America’s largest economy".Reuters added: "It also shows that the US e-commerce company is serious ...
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Etihad signs up for DoKaSch pharma ULDs
Etihad Cargo has signed up to uses temperature controlled ULD provider DoKaSch Temperature Solutions' Opticooler product.The agreement will allow Etihad Cargo to expand its TempCheck cool chain service offering for temperature controlled pharmaceuticals, as its customers will be able to lease the Opticooler from the airline.DoKaSch claims the Opticooler can ...
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Chapman Freeborn and Antonov team up for drill rigs delivery
Chapman Freeborn Airchartering and Antonov Airlines have delivered two 17 metre long drill rigs from the US to Australia to help keep a mining project on schedule.The two Pit Viper 271 rotary rig towers were flown from Houston to Perth on an Antonov Airlines AN-124-100 aircraft, chartered by Chapman Freeborn’s ...
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UPS appoints George Willis as president of US Operations
UPS has appointed George Willis to the position of president of US Operations, effective May 1.Willis, a 30 year veteran of UPS operations, will report to Jim Barber, UPS chief operating officer. Willis will join UPS’s Management Committee, the most senior leadership group in the company. Willis succeeds Myron Gray ...
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Airlines trim B787 flight range over engine checks
Boeing has imposed range restrictions on 787 aircraft equipped with Rolls-Royce Trent 1000 engines following a new ruling by the Federal Aviation Administration.It has restricted the planes from operating more than 140 minutes from a diversionary airport, compared with the previous 330 minute limit.The European Aviation Safety Agency ordered checks ...
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Airfreight rates help push Dachser revenues over the €6bn mark in 2017
Germany’s Dachser achieved record revenues in 2017, crossing the €6bn threshold for the first time.The global logistics provider increased its consolidated gross revenue by 7.2% to €6.12bn. Dachser also set other company records by handling a total of 81.7m shipments (+2.1%).“We systematically pursued our successful export strategy for European overland ...
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Two more directors for Kerry Logistics
Kerry Logistics Network has appointed Mathieu Renard Biron as its managing director, global freight forwarding, and Patrick Cheah as executive director, global air.Based in Hong Kong and Bangkok, Biron will be responsible for steering the strategic development of the Group's international freight forwarding division and overseeing its overall management, both ...
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U-Freight cements its West Coast US presence
U-Freight America has opened a wholly-owned logistics hub in the City of Industry in Lost Angeles. The forwarder will offer air and ocean services from the 80,000sq ft facility and it will also contain an e-commerce fulfillment centre (EFC).U-Freight America chief executive, Rick Keller, said: “The establishment of U-Freight's new ...
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The connected aircraft is here, says Inmarsat
Inmarsat says that the new SB-S satellite IP platform contract signed with SwiftBroadband-Safety heralds the age of the ‘connected aircraft’ and will unlock a range of digital intelligence for airlines.Described as the first and only global, secure, broadband platform for operations and safety communications, it will, said the global mobile ...
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AEI signs CRJ200 freighter conversion contract with Mexico’s TSM
Miami-based Aeronautical Engineers Inc (AEI) has signed a contract for a fourth CRJ200 SF freighter conversion for Mexico-based carrier Aeronaves TSM (TSM).Modification work will start in June of 2018 and delivery of the converted aircraft is scheduled for October this year. The work will be carried out at Commercial Jet’s ...
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FedEx Freight’s Mike Ducker to bow out
Mike Ducker, president and chief executive of Fedex’s forwarding arm, FedEx Freight, is to retire on August 15. Ducker, a 40-year FedEx veteran, took the helm at FedEx Freight in 2014. His successor will be named later.FedEx Corporation chairman and chief executive Fred Smith said: “For more than 43 years, ...