Latest news – Page 614
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News
FedEx ready for the Christmas rush
FedEx expects says it expects to handle 380-400million packages on its global network between Black Friday (24 November) and Christmas Eve.It also predicts that it will more than double its average daily volume of 13 million shipments on three Mondays over the Christmas period.It attributes the surge to e-commerce-savvy consumers ...
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October cargo demand down but it’s looking good for Incheon
Incheon Airport’s international cargo fell 2.5% in October but the South Korean gateway still registered a 8% rise in year to date traffic.The airport authority said October’s decrease was partly due to the loss of over four working days to the ‘Golden Holiday’ period.Moreover, indicators including the US inventory to ...
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Here comes the Boeing bride & groom
Here’s an idea if Prince Harry and Meghan Markle find that the room above the Dog & Duck in Windsor is booked out for their big day next year – have the ceremony in a Boeing 747.Cotswold Airport in the heart of the Gloucestershire countryside – formerly known as Kemble ...
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Cathay sees fruitful season ahead
Major cargo markets remain robust, ahead of an anticipated surge in perishables shipments in December, saysCathay Pacific general manager for cargo service delivery, Frosti Lau.In the carrier’s latest newsletter, he said that transpacific routes and those to Europe and India remain “robust” while Asia Pacific recorded a 14% weekly increase ...
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West Atlantic in talks with potential ‘significant’ shareholders
West Atlantic is in “advanced discussions” with “parties who have shown serious interest in taking on a significant shareholding in the company”, said chief executive and president, Fredrik Groth in the Swedish cargo airline’s third quarter interim report.Admitting that the carrier – a major air network provider to several European ...
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Atlas Air work to rule halted - but union to appeal
The US District Court has granted a preliminary injunction ordering the International Brotherhood of Teamsters (IBT) to halt its work slowdown at Atlas Air Worldwide (AAWW).The two sides have been involved in a dispute over pilot contracts after their planned merger with Southern Air.In a statement, Atlas Air said it ...
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UPS ditches the diesel in Florida
Parcels carrier UPS has launched an electric trike to help it deliver parcels in the land of the motor car. The eBike is an electrically-assisted tricycle that will deliver packages along Las Olas Boulevard and in surrounding neighbourhoods of in Fort Lauderdale in Florida.It’s all part of the city’s Green ...
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Finnair Cargo launches an eye in the sky – and on the ground
Finnair Cargo has introduced Cargo Eye, an airfreight monitoring tool, and invited other innovators to pitch for solutions to the air cargo industry’s remaining "unsolved challenges".Finnair says that its Cargo Eye solution integrates multiple data sources, transaction data and sensors to help its newly formed Cargo Control Center to monitor ...
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NewsDHL’s A330-300 freighter conversion takes to the skies
DHL Express expects to boost capacity and cut operating costs as the first of a new generation freighters takes to the skies.The parcel carrier has taken delivery of the the first-ever A330-300 passenger-to-freighter (P2F) aircraft from the ST Aerospace-Airbus joint venture, Elbe Flugzeugwerke (EFW), at its Dresden base following completion ...
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DHL charters B747 freighters ahead of US holiday record rush
Tightening freight capacity between Asia and the US in the third quarter is a clear indication that major retailers are ramping up their imports and expect strong e-commerce demand over the holiday period, says a senior DHL official.DHL Global Forwarding's vice president of sales and marketing, Paul McMillan, reports that ...
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Airfreight's special October for volumes and revenues, says WorldACD
October was a “special” month in global air cargo, said analyst WorldACD. In its latest analysis of 75 airlines, monthly volumes were higher than ever, while revenues (in euros) also peaked.Although revenues in dollar terms did not reach the heights scaled in October 2010-14, it should be noted that oil ...
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October gets fourth quarter off to a strong start, says IATA
The fourth quarter of 2017 has got off to a strong start, with global air freight demand (in freight tonne-kilometres) up 5.9%, said IATA in its latest figures.While this was a slowdown from the 9.2% year-on-year growth in September 2017, it was comfortably ahead of the average annual growth rate ...
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DHL offers online airfreight quotes
Deutsche Post’s DHL Global Forwarding arm has introduced an online quotation and booking service for international airfreight, based on door-to-door all-in rates and transit information.It connects to the DHL Interactive customer portal, where it also provides shipment tracking and customised shipment reports.The service is available in over 40 countries — ...
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Cargolux and Nippon Cargo Airlines sign cooperation agreement
Cargolux has signed a cooperation agreement with Japan's Nippon Cargo Airlines (NCA) that allows both partners to access each other’s capacity through code-share and space swap agreements.The Luxembourg all-cargo carrier now has access to NCA’s flights from Frankfurt-Hahn to Tokyo (Narita) while NCA has access to Cargolux’s flights from Luxembourg ...
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Aeromexico signs cool containers deal
Thermal container specialist va-Q-tec has signed an agreement with Mexican flag carrier Aeroméxico Cargo to offer door to door cold chain solutions to pharmaceutical and life science customers.Aeroméxico Cargo now offers va-Q-tainer’ units directly, providing six temperature ranges from -70°C to +25°C in five sizes, with space for up to ...
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Electronic air waybill growth takes a breather in October
Recent market share gains by electronic air waybills (e-AWBs) went into reverse in October, according to the latest IATA figures.The penetration of international airfreight markets by e-AWBs fell slightly to 50.8%, compared with 50.9%. This brought to an end the upward trend in the index seen over the past 12 ...
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China’s STO Express to launch Budapest freighter flights
Chinese logistics company STO Express is to launch scheduled B747 freighter flights to Budapest, following the signing of a cooperation agreement with the airport and Turkish and European third party logistics specialist, Ekol.STO has named the Hungarian gateway as its preferred European hub to deliver e-commerce products arriving from China, ...
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Widebodies boost Aeroflot’s cargo takings
Aeroflot Group’s cargo revenue rose 37.2% year-on-year to RUB11.3bn as it added new wide-body aircraft to its fleet and cargo and mail volumes grew by 38.9%, it said in its financial report for the nine months ended September 30.Total revenue, including passenger, increased to RUB 404.7bn, up 6.2% year-on-year, it ...
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Airfreight crisis could lead to car industry breakdown
Rising prices and a critical shortfall of air cargo space could threaten vehicle production, according to emergency logistics specialist, Evolution Time Critical (ETC).Problems in booking airfreight, particularly hit Europe to North American routes, along with issues on the Asia to North America and Europe trade lanes, all point to “a ...
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Volga-Dnepr planning German-based airline, according to reports
Russia's Volga-Dnepr Group is planning to launch an all-cargo carrier based in Leipzig, Germany, according to media reports.A commercial manager is quoted as saying that the company is planning to put a minimum of three An-124s on a new German air operating certificate by late 2018. Further details are expected ...