Latest news – Page 622
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News
Cargo helps Frankfurt to strong growth
Cargo volume at Frankfurt Airport (airfreight + airmail, excluding transit) grew 5.1% to 1.6m tonnes between January to September 2017, contributing to “a significant 13.7% rise in group revenue to €2.23bn” said airport owner Fraport.Much of the growth at the German hub was fuelled by a noticeable jump in passenger ...
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Lufthansa is Jettainer’s first Cool customer
Lufthansa Cargo is to be the first customer of the Cool Management service offered by its outsourced ULD management arm, Jettainer.The subsidiary will manage temperature-controlled ULDs for its parent company along with leased units. Jettainer is also opening a new Center of Excellence for the management of temperature-sensitive airfreight at ...
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Committee to scrutinise UK runway plans
The UK Parliament’s Transport Committee will hold an inquiry into the revised proposal for an Airports National Policy Statement (NPS), tabled by the government last week (October 24).The committee said that there is no need to resubmit previous evidence but would welcome further submissions, particularly on whether the revised passenger ...
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E-air waybills use up by 0.2%
The penetration of international airfreight markets by electronic air waybills (e-AWBs) nudged up by 0.2% to 50.9% in September, according to the latest IATA figures.However, the level is substantially below the 60.2% target set by IATA for December this year.Total number of e-AWBs in September was 797,940, compared with 791,474 ...
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Delta Cargo launches redesigned website
Delta Cargo has relaunched a totally redesigned website, deltacargo.com, providing customers with" a one-stop shop for all their cargo needs, making the shipping process easier than ever before".The US carrier said that customers can now book, check-in, manage and track their shipments entirely online, via a computer or mobile device, ...
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Yield recovery maintains momentum, says IATA
Airfreight growth was pegged back to 9.2% in September, its slowest rate for five months, but is still outstripping the increase in capacity said IATA in its latest monthly forecast.However, growth in demand (in freight tonne kilometres, FTKs) was still significantly higher than the five-year average of 4.4%, it added.Freight ...
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Seasonal hike sees ¢12 jump for Drewry airfreight price index
Drewry’s East-West Airfreight Price Index of 28 major routes jumped 12 cents to $2.68 per kilo in September.The airfreight and shipping analyst said: “This seasonal hike to the index was expected and brings it to parity with September 2016.”September 2016’s index was $2.69, after which it surge to $2.99 in ...
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No autumn blues for air cargo, says WorldACD
The air cargo industry has gone from dejection to elation in just a year, said analyst WorldACD in its latest report, covering September.WorldACD points out that September 2016 saw volume growth of more than 5% year-over-year (YoY), a level not seen for two years in “the beleaguered air cargo world".Its ...
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Changi cargo growth nears 10% in September
Singapore Changi Airport saw a 9.8% increase in airfreight to 183,560 tonnes in September, while the Asian cargo hub registered an 8.1% year-on-year increase to 1.6m tonnes in the first nine months of 2017.Among Changi’s top ten markets, Germany (+27%) was the fastest growing with strong year-on-year growth across all ...
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Cambodian carriers choose AAT for Hong Kong handling
JC (Cambodia) International Airlines has launched direct services from Phnom Penh and Siem Reap to Hong Kong and appointed Asia Airfreight Terminal (AAT) as its terminal operator there.JC International, which started operations in March this year, serves the two Cambodian cities twice weekly with its Airbus A320 aircraft.AAT is also ...
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Now is the time to think about Brexit supply chains, says logistics expert
UK retailers must prioritise supply chains in their planning for Brexit, or face a cash flow disadvantage due to a delay in VAT returns on imports.Alison Conley, partner and head of retail and consumer at MHA MacIntyre Hudson, said that if the UK exits the European Union without any agreed ...
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KLM to "share slots" with ABC reports TASS as Schiphol row grows
Netherlands passenger and cargo airline KLM is to share its slots at Amsterdam Schiphol Airport with Air Bridge Cargo (ABC), according to a Russian-language report by the TASS news agency, quoting the Russian Federation’s Ministry of Transport.Moscow-based TASS said that the aviation authorities of the two countries are negotiating on ...
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NYK to become 100% owner of forwarder Yusen
Japanese shipping and transport company NYK is to acquire the remaining 41% stake of its freight forwarding subsidiary, Yusen Logistics, from minority shareholders. The transaction is expected to be completed by late March, 2018.In a statement, NYK said the move was part of its strategy to expand beyond its traditional ...
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RAM Cargo launches Africa personal effects service
Royal Air Maroc Cargo has launched a personal effects service from the US and Canada to countries in Africa, said the carrier’s general sales agent, ECS group.The service is being marketed by ECS subsidiaries Globe Air Cargo in the US and Exp-Air Cargo in Canada to those countries’ North and ...
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AMI and Crowley sign mutual deal
US-based Crowley Logistics has signed a reciprocal partnership with airfreight wholesaler Air Menzies International, to enhance offerings to each other’s customers.Under the deal, the 400,000 cu ft CrowleyFresh facility near Miami International Airport will become the centralised consolidation facility for AMI's Miami Gateway operation between Latin America, the US, and ...
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B&H keeps Flybe in the air
B&H Worldwide has extended its relationship with Europe’s largest regional airline, Flybe.The aerospace logistics specialist will provide a range of "time critical solutions" to the carrier through its control tower at its London Heathrow facility and using its OnTrack Cloud-based IT system to manage the process.It will also implement its ...
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AirBridgeCargo: On course for global ambitions
Sergey Lazarev joined AirBridgeCargo Airlines (ABC) in April 2013 as operations director and two years later became general director of the Russian freighter carrier.His daily tasks include overseeing the company’s operational and financial performance, and being available 24/7 to resolve operational issues.He also has to foster the effective teamwork of ...
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Liege moves up a gear with €20m cargo investment
Liege Airport is to step up its cargo investments with over €20m in new warehouses and handling facilities.The Belgian gateway says its decision follows a surge in cargo capacity for more than 12 months, with carriers setting up new routes and adding new aircraft.Liege is one of the airports that ...
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Alha wins long term Cathay contract in Milan
Alha Group has won a long-term contract to provide ramps services for Cathay Pacific all-cargo aircraft at Milan Malpensa airport.The handler said it had rapidly assembled a ground support equipment fleet to meet the strict operational requirements of the carrier, which operates with very tight turnarounds and a very high ...
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Moscow's Sheremetyevo airport sees September surge
Moscow Sheremetyevo airport handled more than 200,000 tonnes in the first nine months of 2017, an increase of almost 40% over the same period in 2016.The airport – Russia’s largest for both cargo and passengers – said that the airfreight surge was due to a significant increase in cargo on ...