Latest news – Page 603
-
News
CEVA appoints new managing director for UK, Ireland and Nordics
CEVA Logistics has appointed Eddie Aston to the position of managing director, UK, Ireland and Nordics (UKIN).Aston joins CEVA from Northgate, the commercial van hire and leasing organisation, where he was UK managing director.Said Aston: "Driving growth further is my key priority, and having been away from logistics for a ...
-
News
Dutch shippers call for urgency in local rule implementation after government meeting
Dutch shippers and forwarders have urged the country’s transport minister to expedite the implementation of a ‘local rule’ designed to mitigate a freighter slot shortage at Schiphol following a meeting in parliament last week.Industry groups evofenedex, TLN and Air Cargo Netherlands (ACN) said that during the recent meeting with the ...
-
News
Speedy logistics needed to earn e-commerce revenues says SEKO
Retailers and e-tailers that react quickest to the shift in e-commerce consumer behaviour for speed of delivery and product returns will earn customer loyalty and revenue growth, states SEKO Logistics.The UK is currently the third largest e-commerce market in the world, with 46% of UK small and medium enterprises (SMEs) ...
-
News
Cargo chiefs optimistic on 2018 profitability
The majority (56%) of airline chief financial officers and heads of cargo expect their profitability levels to improve further over the coming 12 months.An early January 2018 survey for the IATA Airline Business Confidence Index saw the passenger and cargo executives indicate an improvement in year-on-year profitability in the final ...
-
News
New York's ARK owner files multi-million dollar claim against JFK airport authority
The owner of the $65m ARK animal centre at New York’s JFK airport has launched a potential $426m damages claim against the Port Authority of New York and New Jersey (PANY&NJ).The compensation claim by Ark Development, which opened the animal transhipment facility at JFK in January 2017, alleges a breach ...
-
News
YTO chooses Hactl as Hong Kong handler
YTO Cargo Airlines (YG) – the aircraft operating arm of Chinese courier firm YTO Express – has appointed Hong Kong Air Cargo Terminals Ltd (Hactl) as its handling agent in Hong Kong.The carrier commenced operations in September 2015, and launched its newest route – Wuxi-Hong Kong – on January 29 ...
-
News
Bolloré Logistics takes majority stake in Denmark's Global Solutions
Bolloré Logistics has taken a majority stake in the Danish freight forwarder Global Solutions as part of the French forwarder’s “strategic development through external growth”.A Bolloré spokesperson said: “This latest transaction will expand further Bolloré Logistics’ network in Europe and the company’s global end-to-end offering in the Scandinavian markets.“Already established ...
-
News
CAL Cargo: Busy growing a bespoke service
Offer Gilboa went from running a successful textile business to owning Israel’s CAL Cargo Airlines (CAL) because he liked the cut of its cloth.Gilboa, trained as a lawyer and with an MBA, began his career in the rag trade supplying clothing for some of the world’s largest retailers.“I was managing ...
-
News
East-West airfreight price index down 9 cents in December
“Drewry’s East-West Airfreight Price Index edged down to $3.06 per kg in December 2017, a drop of 9 cents from the previous month, in keeping with seasonality.On an annual basis airfreight rates in the month were 8% above December 2016 and given anecdotal reports of tighter capacity, Drewry expects prices ...
-
News
Asia Pacific carriers saw 9.8% cargo growth in 2017
Asia Pacific airlines’ international air cargo market enjoyed “robust growth” of 9.8% in 2017, underpinned by an “acceleration in economic activity” across most regions.Preliminary traffic figures for the full calendar year 2017 released by the Association of Asia Pacific Airlines (AAPA) showed that international air cargo demand registered its “fastest ...
-
News
AEI reports "stellar" 2017 for freighter conversions
A "stellar" market for passenger to freighter aircraft conversions saw Aeronautical Engineers Inc. (AEI) deliver 27 converted aircraft in 2017 to leasing and operator customers world-wide.Robert Convey, AEI senior vice president of sales & marketing, said: “2017 turned out to be another stellar year for AEI freighter conversion deliveries.“We expect ...
-
News
Aviation welcomes African open skies agreement
The African Union (AU) has launched the Single African Air Transport Market (SAATM) as it hopes to capitalise on the benefits brought by air transport.It is hoped that a single aviation market, launched yesterday at the AU Summit, will help promote trade, cross-border investments and create an additional 300,000 direct ...
-
News
FirstAir plans Ottawa cargo expansion
Canadian airline FirstAir has applied for government funding to expand its cargo facilities at Ottawa Airport as it anticipates demand growth over the coming years.The wholly Inuit-owned airline said that it expects cargo demand to grow by 28% over the next five years and therefore needs to ensure that it ...
-
News
American Airlines Cargo hopes to capitalise on new European destinations
American Airlines' cargo division is hoping that it can benefit from the addition of three new European destinations to the carrier's network.Beginning on May 4, American will add new services from Philadelphia to Budapest and Prague, while on June 7 it will begin serving Reykjavik from Dallas Fort Worth.In May, ...
-
News
FedEx trumpets $1.5bn investment in Indianapolis hub
FedEx is to investing $1.5bn to "significantly expand" the FedEx Express Indianapolis hub over the next seven years as part of a three-pronged pay, pension fund and infrastructure investment package outlined today.The US parcel and logistics giant's Memphis SuperHub will also be modernised and enlarged in a major programme, the ...
-
News
Expanding SF Airlines adds new route to Lhasa
Fast-expanding SF Airlines has launched its second new service of the year, this time connecting Chengdu with hard to reach Lhasa.The first flight took place on January 22 with regular services due to start in April. SF Airlines said the service would largely cater for perishables, such as Yangcheng Lake ...
-
News
FedEx's Binks to retire in June
David Binks, FedEx Express Europe president and chief executive of TNT, will retire in June to be succeeded by Bert Nappier, currently FedEx Express senior vice president of finance - international.Binks, who started with FedEx in 1983 as part of an acquisition in the UK, rose through the ranks, leading ...
-
News
Flexport launches recruitment drive as it opens new German office
Flexport has opened a new office in Hamburg, Germany, and will recruit more than 100 employees over the next three years to fill positions at the facility.The new office will be the company's second European station and comes as the forwarder has set an ambitious revenue growth target of 300% ...
-
News
LATAM achieves CEIV for Miami handling operation
LATAM Cargo has achieved CEIV certification for its handling operations in Miami, following on from gaining the validation for its airline operations last year.The Chile-based airline said the achievement is the result of a joint and co-ordinated effort of different departments across the company and ensures its commitment to become ...
-
NewsCargo the star performer for American Airlines
Cargo was the star performer for American Airlines in 2017 as revenues increased at a double-digit percentage pace on the pack of demand and yield improvements.The Dallas-headquartered airline registered a 14.3% year on year increase in cargo revenues to $800m on the back of a 15% jump in traffic to ...