Latest news – Page 629
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NewsAirfreight rates return to growth in September
Airfreight rate growth on major trade lanes picked up again in September after a slowdown in improvements in August. The latest figures from TAC Index show that average prices on services from Hong Kong to North America increased 29.4% year on year in September to reach $3.78 per kg.Rates were ...
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IATA hopeful on cargo yields as demand continues to soar
IATA is hopeful that cargo yields could be set to improve as demand growth outstrips capacity supply.In its latest market wrap up, the airline association said that air cargo demand in freight tonne km terms increased by 12.1% in August, well ahead of the five-year average growth rate of 4.4% ...
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ACL partners with CORE to launch ULD tracking
ULD firm ACL Airshop has announced that in partnership with CORE Transport Technologies it will launch a new tracking technology for its units.The companies say the technology will allow customers to track the actual cargo loads by the container and pallet, that the tracking system will yield real-time “dot on ...
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Changi launches new pharma community
Changi Airport has launched a new pharma community that will work towards improving the local supply chain's ability to handle pharmaceutical air cargo.As well as the airport group, the Pharma@Changi initiative includes Bollore Logistics, CEVA logistics Singapore, DHL Global Forwarding, dnata Singapore, Expeditors Singapore, Global Airfreight International, SATS, Schenker Singapore ...
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Unions hit back at Atlas lawsuit over alleged work slowdown
The APA Teamsters Local 1224 union has hit back at Atlas Air Worldwide (AAWW) after the lessor filed a lawsuit accusing members of an "illegal work slowdown".The union accused Atlas of using the lawsuit to "pass blame" and "distract customers' attention from operational failings".The teamsters went on to reiterate concerns ...
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Emirates SkyCargo reports boom in flying fish from Sri Lanka
Emirates SkyCargo has reported a boom in fish volumes from Sri Lanka to Europe after a ban on their export was lifted by Brussels last year.The airline said it is currently transporting about 100 tons of edible fish a week from Colombo to markets in Europe and the US.In the ...
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ABC adds third Munich freighter call
AirBridgeCargo Airlines (ABC) has added a third weekly freighter call into Munich, a key logistics hub in southern Germany.Operated by a Boeing 747 freighter, the service offers a 48 hour delivery time, including cargo handling, to 12 destinations in six Asian countries via the ABC hub in Moscow.Andrey Andreev, vice-president ...
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Vallair is launch customer for 321PC's A321-200 passenger to freighter conversion
Aviation company Vallair Solutions is the launch customer for 321 Precision Conversions’ (321PC) Airbus A321-200 passenger-to-freighter conversion, including the prototype aircraft and follow-on option aircraft.The prototype aircraft was delivered by Vallair, a wholly owned company of Vallair Capital, to 321PC in July this year.321PC anticipates approval of a Federal Aviation ...
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Qatar Airways Cargo adds Helsinki to pharma network
Qatar Airways Cargo has added Finnish capital Helsinki to its expanding pharma network, the Middle East carrier’s 74th pharma destination.Qatar Airways’ chief officer cargo, Ulrich Ogiermann, said: “The expansion of our pharma network helps us meet the growing air freight requirements in the pharmaceutical industry where time and temperature management ...
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Airfreight rates flat in August
Airfreight rates on major east-west traders were largely flat in August, but are expected to have picked up again in September.The latest figures from consultant Drewry’s Sea and Air Shipper Insight show that the average all-in buy rate across 28 major east-west lanes stood at $2.63 per kg in September.This ...
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OPINION: How freight forwarders add value to the logistics chain
Bradley Waller, logistics development manager at Alliance Shipping, argues that airlines cannot duplicate the full range of services provided by freight forwarders to shippers.There have been reports of air cargo carriers plotting to establish direct relationships with importers and exporters so they can by-pass third-party freight forwarding services for the ...
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Cargolux in Asian Games horse flight
Cargolux has completed the transportation of a shipment of high-value horses between Luxembourg and Ashgabat, Turkmenistan, as part of the 2017 Asian Indoor and Martial Arts Games.The 17 horses were flown out to Ashgabat in mid-September, with the all-cargo carrier working in co-operation with Peden Bloodstock, a charterer specialised in ...
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FedEx to double size of air cargo facilities at Incheon airport
FedEx Express has revealed it will double the size of its air cargo handling facility at Incheon International Airport as it looks to cater for rising volumes in South Korea.Establishing a new cargo facility at Incheon International Airport is a strategic move for FedEx — the airport has seen the ...
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WFS wins Beluga handling contract
Worldwide Flight Services (WFS) has been selected by Airbus to handle its giant Beluga A300-600ST Super Transporter at Airbus facilities in Getafe, Spain.In line with the new contract, WFS has opened a new station inside the Airbus facilities in Getafe, from where the aircraft will operate to other Airbus plants.WFS ...
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AN−124−100 Ruslan on a round−the−world trip
An Antonov Airlines’ An124−100 Ruslan aircraft flew around the globe one and a half times, performing a series of commercial flightsOne of Antonov Airlines’ freighters flew from Mary International Airport, Turkmenistan to Helsinki, Finland, where it took on board commercial cargo consisting of industrial heat exchangers, weighing a total 54 ...
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Delta and Virgin launch pharma zone at Heathrow
Joint venture partners Virgin Atlantic Cargo and Delta Cargo are introducing a new Pharma Zone at their London Heathrow joint facility.The new Pharma Zone will support the growing volumes of temperature-controlled healthcare and life science products being carried by both airlines.Opening today [October 2], the Pharma Zone at their Cargo ...
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Air cargo volumes continue to grow as North America steps up
Air cargo’s impressive growth figures continued in August as North American performance improved, while yields are also showing signs of improvement.The latest figures from analyst WorldACD show that air cargo demand in weight terms increased by 12.9% year on year, with cargo being flown over longer distances and the average ...
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Lufthansa freighter in relief-aid flight to Puerto Rico
Lufthansa Group has deployed an MD-11 freighter from Frankfurt Airport to Aguadilla, on the West Coast of Puerto Rico, to join the humanitarian efforts throughout the island after the devastating effects of Hurricane Maria.Situated in this region is a Lufthansa Technical Site where 400 colleagues are helping local communities nearby.The ...
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Germany and Netherlands are next steps in Panalpina perishables empire (updated)
Freight forwarder Panalpina has reached agreement to acquire two more perishables logistics companies, the Cool Chain Group in Germany (CCG) and Interfresh Airfreight Handling, for undisclosed sums.CCG currently has 100 customers and handles around 14,000 tonnes of air freight per year. It parent company, Rungis Express, is to concentrate on ...
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ICAO chief calls for more backing for security plan
ICAO secretary general Dr Fang Liu called on United Nations Security Council (UNSC) to promote greater international awareness and implementation of its new Global Aviation Security Plan (GASeP) at the UN headquarters in New York on 28 September.Core objectives of GASeP, which is expected to be approved by the ICAO ...