Latest news – Page 632
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News
Asian airlines put in solid August performance
Expansion in international air cargo continued unabated, said the Association of Asia Pacific Airlines (AAPA) in its August traffic results, published on 26 September. was supported by high business confidence levels in services and manufacturing, it added.Firm demand for manufactured products, particularly pharmaceuticals and IT equipment, underpinned a 12.2% increase ...
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More time to enter UK freight awards
The British International Freight Association has extended the deadline for entry to its annual Freight Service Awards to 2 October.The nine categories include an Air Cargo Services Award, along with others for cool logistics, project forwarding, specialist services and staff development.Director general Robert Keen, said: "We brought the deadline forward ...
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Milk, bread, soy sauce…and a Boeing 747 freighter
On line retailers like Amazon have been in the news recently with their efforts to start up their own air cargo operations, but this is the first time, to our knowledge, that it has been possible to buy a full-sized freighter aircraft online.Hong Kong newspaper, The Standard reports that three ...
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IAG bids to bring Air Berlin under its umbrella
IAG – parent of Iberia, British Airways, Aer Lingus and Vuelling – has confirmed that it will bid for part Air Berlin, according to Reuters.However, the majority of the insolvent German airline is expected to go to national carrier, Lufthansa, IAG chief executive Willie Walsh was reported to have told ...
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ATSG to raise $200 million
Leasing and airfreight transport firm Air Transport Services Group is to offer $200 million-worth of convertible senior notes to institutional buyers. Final terms, including initial price and other terms will be determined at the time of pricing. The notes will mature in October 2024.The company also expects to grant the ...
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Volga-Dnepr freighters join Irma relief efforts
Volga-Dnepr Airlines' fleet of freighters have joined the Hurricane Irma relief effort in the Caribbean and Florida.The airline has so far operated three flights carrying nearly 175 tonnes of relief goods and equipment, the most recent being a IL-76TD-90VD charter by DSV Air &Sea on 18 September for the Danish ...
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Airfreight market heats up in July
Freight volumes continued to increase in July, said Airports Council International (ACI) in its latest figures. Traffic was boosted 8.4% by strengthening global trade and industrial production, the trade group commented.Year-to-date global volume growth reached 8.4%, “a particularly stark contrast with July 2016, where this number stood at 0.9%”, commented ...
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DuPont offers free cargo cover recycling
DuPont Protection Solutions is offering a free recycling service for its Tyvek cargo covers in the US and, shortly, Canada and other key global markets. The covers’ external layer is made of a 100% high-density polyethylene which can be mechanically recycled but some still end up in landfill through ...
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IAG Cargo: Focusing on the customer
The air cargo industry can often be seen as presenting a bit of a conundrum – how do you make money in a market where the supply and demand fundamentals are heavily influenced by another sector entirely; the bellyhold capacity brought to the market by the passenger business.IAG Cargo’s new ...
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Conversions set to boost freighter fleet over next 20 years
Passenger to freighter conversions will form a sizeable tranche of the ‘new’ main deck metal entering the market over the next 20 years, according to airframers Boeing and Airbus.Airbus has forecast 1,224 conversions over the next 20 years and Boeing has assumed 1,560 conversions in the same period.This expected growth ...
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CargoLogicAir in new hurricane Irma relief effort flight
Freighter airline CargoLogicAir has carried out its flight to the Caribbean to help with relief efforts after the region was hit by the devastating hurricane Irma.Yesterday, the Stansted-hubbed airline operated a Boeing 747-400 flight from East Midlands airport to Barbados carrying 110 tonnes on goods on behalf of the British ...
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Cargo iQ adds air cargo intelligence hub
Cargo iQ has launched a new intelligence hub giving members real-time information on performance and allowing them to compare themselves against the organisation's standards and the community overall.The performance data measures each individual cargo journey from shipper to consignee against 16 milestones.Through analysis of the data generated by these measurements, ...
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Wham bam, thank you yam
Ghana's peak season for yam exports from Africa to the US is now in full swing.Logistics airline partner Air France-KLM Martinair Cargo was able to load 106 tonnes this week in its Boeing 777 freighter from Accra to New York via its Paris CDG hub.Yams are a type of dry ...
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BEST Inc the latest Chinese logistics firm to raise funds through listing
BEST Inc has become the latest Chinese express and logistics firm to raise funds through an IPO.The Alibaba-backed company raised $450m through a listing on the New York Stock Exchange in what is the largest IPO of a Chinese firm in the US since ZTO Express raised $1.4bn in October ...
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Union expresses concerns over new Cargolux JV
Cargolux union LCGB has expressed its concerns over the all-cargo carrier’s new Chinese joint venture and its impact on jobs in a meeting with the Luxembourg minister for sustainable development and infrastructure.In the meeting, the union expressed its concerns that Cargolux could transfer some of its aircraft to Henan Cargo ...
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Forwarder Leman continues UK expansion with Maru deal
Denmark-based freight forwarder Leman has continued to expand its presence in the UK with the acquisition of Maru International for an undisclosed sum.Maru provides air and sea logistics solutions and also has a strong presence in the European road transport market from its offices in Dewsbury, Braintree and just outside ...
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DoKaSch in pharma container link-up with China Airlines
ULD equipment specialist DoKaSch Temperature Solutions is expanding the global network for its Opticooler temperature-controlled container range for pharma products by linking up with Taiwan-based China Airlines.Frankfurt-based DoKaSch said that the deal enables customers to lease Opticooler, its latest technology of active containers, from China Airlines on the carrier's network ...
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NewsAsian Cargo Monthly: International demand leads the way
Air cargo demand at Asian airlines continued to improve in August, with international and regional routes boosting performance.The latest figures from the region’s largest cargo carrier, Cathay Pacific, show that its cargo traffic increased by 11.3% in August to reach 974m cargo and mail revenue tonne kms.Traffic growth for the ...
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Panalpina's new airfreight booking platform offers instant rate quotations
Logistics giant Panalpina has successfully piloted its new, fully automated online quotation and booking platform for ad hoc cargo with selected airfreight customers.Panalpina chief executive Stefan Karlen said: “We have recently reached a significant milestone in modernising the company’s systems landscape by successfully rolling out our new state-of-the-art operational platform ...