Latest news – Page 593
-
News
Brussels Airport reveals €100m investment in cargo facilities
Brussels Airport has revealed plans to invest €100m in new logistics facilities as it looks to ensure it can meet future demand.The investments include a building of no less than 50,000 sq m on the west side of Brucargo - the hub's cargo area - with direct apron connection for ...
-
News
CEVA opens new Penang cargo hub
CEVA Logistics has officially opened a new multi-user facility in Penang, Malaysia, close to Penang International Airport.The 70,000 sq ft facility includes temperature-controlled and ambient storage space, office space for in-plant customers, advanced materials handling equipment, an advanced warehouse management system and Customs stationed on-site to facilitate on-time clearance.It is ...
-
News
Jim Crane joins Cargojet board
Cargojet has appointed James Crane, known as Jim, as a chairman of the board.“We welcome Jim Crane to his new role as Chairman of Cargojet’s board. We will continue to will seek his guidance, forward thinking, entrepreneurial insights and contributions to the continued growth of Cargojet," said Ajay Virmani, president ...
-
News
Air cargo becomes a sellers' market
The boot is on the other foot now. For years, airlines were craving fixed contracts, while forwarders, egged on by their clients, kept shopping around for the bargain of the day.Today it is the forwarders who are desperate to secure lift, as the ad hoc market augurs painfully high prices.“The ...
-
News
US CBP adopts e-commerce strategy in response to rapid growth
US Customs and Border Protection (CBP) has released an e-commerce strategy to deal with growing volumes of imported small packages.The CBP e-commerce strategy, which can be found here, outlines how it will protect health and safety while maintaining a strong trade facilitation posture.The organisation warned that transnational criminal groups were ...
-
News
Lufthansa to charge €12 for paper air waybills - reports DVZ
Lufthansa Cargo will charge a €12 per consignment fee for processing paper-based air waybills (AWB) from April 2 but will implement a lower rate of €1 from October this year, according to local reports.Details of the so called Paper AWB were revealed in German logistics newspaper DVZ, a sister publication ...
-
News
A safety screen for lithium batteries
LITHIUM batteries are Dr Jekyll and Mr Hyde when it comes to air cargo, writes Roger Hailey, Air Cargo News editor. These high energy units literally power the mobile revolution, residing as they do in most tablets and mobile phones. Properly declared by the shipper, they are premium cargo.But lithium ...
-
News
SEKO Logistics expands into Mexico with six locations
SEKO Logistics has increased its global footprint with a "massive expansion" in Mexico that will see six locations opened, and 14 more in due course to meet growing client demand in the automotive, retail and aerospace industries.In its first phase, SEKO Logistics Mexico will operate from locations in Laredo/Nuevo Laredo, ...
-
News
Geodis expands pharma logistics role with Biosystems
French freight forwarder Geodis has expanded its contract with Biosystems, the Spain-based pharma and healthcare specialist, to send temperature-controlled reagents and lab instruments to over 35 countries across the world.The two companies have been cooperating for more than 10 years, and this new contract incorporates all new destinations across the ...
-
NewsSolid start for air cargo but concern as trade war looms
Air cargo started 2018 with robust growth as demand drivers remained supportive, but a potential trade war could hinder growth in the future.The latest figures from IATA show that cargo traffic in freight tonne km terms increased 8% year on year in January, up on the 5.8% improvement registered in ...
-
News
Ethiopian signs cool chain lease agreement with Envirotainer
Envirotainer has signed a global Master Lease Agreement (MLA) with Ethiopian Airlines, the first time that the cool chain ULD specialist has partnered with an airline based in Africa.Fitsum Abady, managing director of Ethiopian Cargo and Logistics Services, said: "In this highly lucrative market the application of active temperature controlled ...
-
News
Cargolux and NCA announce start date for Luxembourg-Narita partnership
Cargolux and Nippon Cargo Airlines NCA have announced a start date for a new freighter service between Luxembourg and Narita previously announced as part of a new partnership.Starting on March 27, NCA will have access to capacity on Cargolux's new weekly Tuesday flight between the two hubs, which will utilise ...
-
News
Pangea logs on to Freightalia digital platform
Independent freight forwarder association Pangea Group has signed up to Freightalia’s digital platform for automatic freight quoting and rate management.Pangea Group, with more than 300 freight forwarder members globally, said that Freightalia’s white label platform allows “cargo agencies of any size to take their business online and participate in a ...
-
News
Swissport completes Aerocare deal
Swissport has completed the previously announced acquisition of Aerocare, a leading ground handler in Australia/ New Zealand. The acquisition of Aerocare includes its subsidiaries Skycare, Carbridge and EasyCart from Archer Capital and the Aerocare management. The deal has received all regulatory approvals, including that of Australia’s Foreign Investment Review Board.“The ...
-
News
UK export index on the rise as Brexit looms
A new report commissioned by Heathrow Airport management suggests that the UK export climate is in its "strongest position" since the year 2000The quarterly Export Climate Index (ECI) tracks the health of the UK’s export economy and its impacts on families and businesses across the country.The index, carried out by ...
-
News
Nippon Express out the 'hanger' with fashion logistics takeover
Japanese forwarder Nippon Express has purchased Italian fashion logistics firm Traconf for €144.5m as it looks to expand outside of its home market and further develop its apparel services.Nippon Express said it believed the acquisition would help it grow its fashion logistics business dramatically and would fit well with its ...
-
News
Panalpina sees profits soar on record airfreight volumes
Panalpina reported revenue and profit increases last year on the back of record airfreight volumes, while it will continue to target “bolt-on” acquisitions.The Switzerland-based freight forwarder saw 2017 revenues increase 6.5% year on year to Sfr5.5bn, while earnings before interest and tax (ebit) climbed 26.1% to Sfr103m and profits were ...
-
News
Deutsche Post DHL sees 2017 profits climb 7.2% to €3.7bn
Deutsche Post DHL Group (DP-DHLG) saw operating profit climb by 7.2% to €3.7bn in the 2017 financial year, revenues were up by 5.4% to €60.4bn, with all four divisions contributing to the increase.The German logistics giant and the world’s largest purchaser of airfreight capacity said that its DHL Express division ...
-
News
Brazilian gang steals $5m in cash due to fly on Lufthansa freighter
Brazilian police are investigating the theft of an estimated $5m in cash which was due to fly from Viracopos International Airport in Sao Paulo to Frankfurt aboard a Lufthansa freighter aircraft.According to local press reports: "The spectacular heist, which took place late Sunday, was completed in a matter of minutes, ...
-
News
Airline training targets African hotspots to prevent wildlife trafficking
The campaign to prevent wildlife trafficking from Africa saw two training workshops held in Mozambique and Kenya, with further workshops planned throughout the continent.The USAID Reducing Opportunities for Unlawful Transport of Endangered Species (ROUTES) partnership delivered a training workshop in Nairobi for airline staff on the key role they play ...