Latest news – Page 618
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News
Setback for Airlander 10 as it breaks free of mooring
The Airlander 10 airship suffered a new setback over the weekend when it broke free of its mooring and a safety system ripped open the hull.Hybrid Air Vehicles (HAV) said its airship, which is the world's longest aircraft, was not flying at the time of the incident and initial assessments ...
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Emirates SkyCargo targets e-commerce with CommerCity deal
Emirates SkyCargo will target e-commerce traffic through a new deal it has signed with free zone Dubai CommerCity.The two partners said they will work together to develop new solutions for the global e-commerce sector to help retailers save time and money, although details on what form these solutions will take ...
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Panalpina’s COO Andy Weber to leave at the end of 2017
Panalpina's chief operating officer (COO), Andy Weber, will leave the company at the end of the year. The COO position will not be replaced.Weber, a member of the Switzerland-based logistics operator's executive board, joined the company in 2015.In a statement, Panalpina said that Weber has successfully led many turnaround projects ...
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NewsEuropean Cargo Monthly: Growth starts to slow in October
Air cargo growth at European carriers looks to have slowed in October, with IAG Cargo and Lufthansa seeing increases narrow during the month.Any potential slowdown in demand growth should not come as too much of a surprise given that comparisons are affected by improvements in the market at the tail ...
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Lufthansa Cargo signs up for eight more years with Fraport
Lufthansa Cargo and Fraport Ground Services have signed a contract to extend their ground handling deal at Frankfurt Airport.The agreement has a term of eight years and runs from January 2018 to December 2025 and covers aircraft ground handling, particularly the loading and unloading of all freighter aircraft belonging to ...
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Flexport the latest forwarder to secure airfreight space over capacity concerns
Flexport has become the latest freight forwarder to charter aircraft capacity for the peak season in order to avoid capacity shortages.The US forwarder revealed that it will charter a Boeing 747-400F aircraft from Atlas Air Worldwide for use on the transpacific tradelane. The first flight will from Hong Kong on ...
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SAS Cargo launches new pharma service
SAS Cargo is increasing the range of its pharma airfreight solutions by adding SAS Pharma Cargo.The Scandinavian carrier will use active GPS trackers to monitor the shipment, assuring accurate temperature is kept throughout the entire transport chain.“The pharmaceutical industry rightly expects high standards and performance from airlines when transporting their ...
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B&H secures Hong Kong Airlines AOG contract
Aerospace logistics firm B&H Worldwide been selected by Hong Kong Airlines to provide aircraft on the ground and time critical freight services.The company will provide a range of time critical solutions to the Special Administrative Region's regional carrier which serves more than 35 destinations across Asia and the Pacific.B&H will ...
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LATAM cargo revenues in first rise for four years, but yields edge down
LATAM Airlines Group saw third quarter 2017 airfreight revenues rise by 2.5% to $272.2m, the first cargo revenue increase in four years.The revenue rise in the three months ending September was driven by a 3.5% increase in cargo traffic, although cargo yields “declined slightly” by 1.0% over same period prior ...
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Air Partner appoints Jubb as freight trading manager
Charter broker Air Partner has appointed Robert Jubb as freight trading manager, based at the global aviation services group’s UK headquarters at Gatwick and reporting directly to Mike Hill, director of freight.Jubb has over 13 years of experience in the charter brokerage, airline and time-critical logistics industries. He was previously ...
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Is the pricing right for e-commerce cargo?
The air cargo industry is often accused of living in the past. It needs to move on the most fundamental issue: determining the price for its service.The meteoric rise of e-commerce has turbo-charged a trend that was already playing out in the industry before.As iPhones and pharmaceuticals increasingly replaced heavy, ...
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Etihad adds new Miami freighter link
Miami International Airport welcomed its first weekly flight by Etihad Cargo last week.The new scheduled freighter flights, served by Boeing 777-200F aircraft, make a stop in Columbus, Ohio before continuing to Miami, Amsterdam and Abu Dhabi.The route launch makes Miami the airline’s third US cargo route and fourth in the ...
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Virgin Atlantic Cargo appoints new directors
Virgin Atlantic Cargo has named Paul Fallon as director commercial and business development and Tania Wilson as director operations.The changes follow Dominic Kennedy’s promotion to managing director of Virgin Atlantic Cargo in August.Fallon began his career in Virgin’s Commercial team in 2003 and later spent over five years as head ...
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iTran and HNA Logistics partner on cargo software project
iTran Systems and HNA Modern Logistics Group have signed a long-term co-operation agreement to jointly develop logistics and air cargo IT solutions.In the first phase of the deal, the two partners will develop a sales and booking platform, which will integrate HNA Modern Logistics' processes from incoming sales and booking ...
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NewsAsia rates take-off but transatlantic flat
Airfreight rates on intercontinental services out of Asia continued to soar in October, with improvements on Asia-Europe and transpacific services.The latest figures from Tac Index show that average prices on services from Asia to North America increased by 17.7% year on year in October to reach $4.05 per kgThis is ...
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UK forwarders concerned over post-Brexit customs plan
The British International Freight Association (BIFA) says that the House of Commons Public Accounts Committee is right to have concerns over the government and HMRC’s plans for customs procedures post-Brexit.Commenting after the publication of a report by the Committee, the trade association for UK freight forwarders agrees that more needs ...
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DHL Express to expand in Hong Kong on e-commerce demand
DHL Express has announced a €335m expansion plan for its Central Asia Hub (CAH), in partnership with the Airport Authority Hong Kong.The expanded CAH will be equipped with an enhanced material handling system that will improve productivity and increase the hub’s throughput capacity – from the current 75,000 pieces of ...
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CEVA remains in the red despite airfreight demand growth
Freight forwarder CEVA remained in the red during the third quarter of the year despite increases in revenues and airfreight volumes.The forwarder, which has been subject to takeover rumours this year, saw third-quarter revenues increase by 6.1% year on year to reach $1.8bn and adjusted earnings before interest, tax, depreciation ...
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Emirates SkyCargo signs space centre logistics deal
Emirates SkyCargo has signed a Memorandum of Understanding with Mohammed Bin Rashid Space Centre (MBRSC) to become the preferred logistics partner.The deal, signed at the Dubai Airshow, means that Emirates SkyCargo will be MBRSC’s preferred partner to provide air transport services for satellites and related equipment relating to the organisation’s ...
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VIDEO: American Airlines Cargo in China treasure transport
American Airlines Cargo has transported more than six tons of China’s national treasures from Beijing to Los Angeles in order to bring selections from the Summer Palace Museum to the United States for the first time.In conjunction with the Bowers Museum in Orange County, the airline worked closely with museum ...