Latest news – Page 609
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News
Balancing capacity and demand — TIACA looks ahead to 2018
TIACA chairman Sebastiaan Scholte has presented his New Year outlook for 2018 which sees continued revenue growth as e-commerce drives volumes.He also observes that, while perishables and pharma products have lagged behind other airfreight sectors, they both retain a stable growth profile because future demand for them is based mainly ...
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Lufthansa, the ho-ho-host of Christmas present
Every year people all around the world are awaiting a visit from Santa Claus.This year, instead of taking his usual reindeer sleigh, Santa Claus boarded Lufthansa’s first flight to ever depart Kuusamo. The flight is scheduled to arrive in Frankfurt, the airlines largest hub, where Santa Claus can connect to ...
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Halifax Stanfield ready for freight peak as it looks to expand cargo facilities
Halifax Stanfield airport is expecting another busy holiday season, while it has applied for funding to expand its cargo area.Bert van der Stege, Halifax International Airport Authority (HIAA) chief commercial officer, said: “This has traditionally been the busiest time of the year for our cargo business. By the end of ...
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NewsAsian cargo monthly: Mixed performance in November
There was a mixed performance in cargo demand at Asian carriers in November, following on from a slower pace of growth in October.The region’s largest cargo carrier, Cathay Pacific, saw cargo demand during the month increase by 11.2% year on year to 1.1bn cargo and mail revenue tonne kms – ...
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HNA Group faces headwinds after buying spree
China's HNA Group, which has invested in several logistics assets, is facing headwinds following a spending spree that has left the company in debt and concerns over its ownership structure.Bloomberg reports that the company has seen three deals in the last three months fail and its short-term debts have reached ...
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NewsEuropean cargo monthly: Demand picks up in November
European airlines saw cargo demand growth improve in November, despite expectations that the industry may have passed its growth peak.Lufthansa, IAG, Air France KLM and Finnair all saw cargo demand growth increase during the month.Lufthansa, the largest of the airlines in terms of cargo, registered a 9.4% year-on-year increase in ...
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Cherry Christmas from Air New Zealand
Millions of domestic and international travellers from all corners of the globe count on Air New Zealand (ANZ) to unite them with family and friends over the festive season.Many more rely on the national carrier for another important holiday occasion - their Christmas lunch.ANZ helps the nation's farmers send nearly ...
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NewsSheremetyevo opens new cargo terminal, with a second on the way
Moscow Cargo has launched the commercial operation of its airfreight complex at Russia's Sheremetyevo International Airport, and is due to start work on a second phase in 2018.The investment in airfreight facilities continues as Russia prepares to host the 2018 FIFA World Cup and with surging volumes for AirBridgeCargo, the ...
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News
SEKO’S bringing airfreight home, at the speed of e-commerce
SEKO Logistics has launched its Airfreight+Final Mile service in North America to give retailers, marketplace merchants and consumer brands an e-commerce home delivery solution for bigger, bulkier products.Airfreight+Final Mile is aimed particularly at retailers selling products such as 60-80 inch flat screen TVs, bicycles and folding sports equipment such as ...
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Season's greetings from Air Cargo News
The Air Cargo News team would like to wish all of our readers the warmest season's greetings and a happy and prosperous 2018.The team will be taking a break from sending out our twice weekly email news bulletins over the festive period, but the mailings will return on January 4.There ...
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Brazilian post office and Azul to launch e-commerce logistics platform
Brazil's postal service Correios and local airline Azul are joining forces to create a logistics platform to serve the Latin American nation's e-commerce sector.A joint statement said that the new company “will allow the expansion of logistics services and products to locations not yet attended”.Activities are expected to begin in ...
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UPS welcomes US tax reforms
UPS has joined FedEx in praising tax reforms in the US, saying the new regime will help boost volumes and allow it invest in expanding its business.On Tuesday, the US senate voted in favour of a new US tax regime that will reduce corporate taxes to 21%, instead of the ...
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NewsCopenhagen Airport the latest Nordic player looking to capitalise on air cargo
Copenhagen Airport (CPH) is the latest Nordic company to reveal plans to expand its cargo operation in response to growth in the region.The Denmark-based airport has signed an agreement with German developer AXXUS Capital to develop a 20,000 sq m air cargo centre in the eastern part of the airport. ...
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Free Download: 2017 Freighters Wallchart
A free copy of Air Cargo News' exclusive 2017 Freighter Fleet Directory is available to download.The editorial team worked with cargo charter broker Chapman Freeborn to produce the updated wallchart, comprising the leading players in the industry.The wallchart is a useful tool in print or digital format. This unique arrangement ...
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News
AIA implements new online booking portal
Airbridge International Agencies (AIA Cargo) has implemented the first stage of its new online booking portal service, in partnership with Champ’s Traxon cargoWEB+ system.The portal enables the UK-based general sales agent (GSA) and its client airlines to offer a round the-clock customer service via the AIA website.The system is fully ...
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FedEx optimistic on air cargo and US tax reforms
FedEx is expecting another year of air cargo growth, while it also expects to benefit from US tax reforms that were passed yesterday by the Senate.The express giant yesterday reported second-quarter fiscal results, with revenues increasing 9.4% to $16.3bn, operating income up 7.7% to $1.3bn and net income improving 10.7% ...
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Ministers urged to withdraw Heathrow noise claim
Local councils opposed to a third runway at London-Heathrow airport have challenged Transport Secretary Chris Grayling to withdraw his claim, made in October 2016, that an expanded Heathrow will be quieter in 2030 than today.Wandsworth, Hillingdon, Richmond and Windsor & Maidenhead councils argue that the Department for Transport’s revised draft ...
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UPS the latest to go electric with Tesla order
UPS is the latest firm to order electric trucks as it looks to improve safety and reduce its environmental impact.The US express giant said it had pre-ordered 125 of electric vehicle manufacturer Tesla’s new fully-electric semi trucks – the biggest order for the vehicles so far. The trucks will cost ...
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ACS invests in larger premises in India
Air Charter Service's (ACS) Indian operation has moved to new premises in Mumbai, in order to fulfil the UK-based broker’s growth plans in the region.Ashish Wastrad, managing director of ACS India, commented: “We now have very strong teams in both our cargo and our passenger divisions, and we have consistently ...
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ABC adds control tower to oversee cargo movements
AirBridgeCargo (ABC) has established a new round-the-clock control tower (CT) operation to oversee cargo movements.The control tower will monitor consignments of special cargoes and respond to service disruptions to ensure the airline "consistently meets customers’ delivery deadlines".The tower will be managed by a team based in Moscow and provide monitoring ...