Latest news – Page 644
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News
Shippers warned to book now or face rate spikes and delays in busy peak for air cargo
Panalpina has warned shippers to book their airfreight shipments as early as possible to avoid a spike in prices and capacity shortages during what is expected to be a busy peak period.The Switzerland-based freight forwarder said that the summer period is traditionally a calmer period, but this year has been ...
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UPS sees profits and revenues improve in Q2
Express giant UPS saw revenues and net income increase during the second quarter of the year as e-commerce gains helped push performance.The Atlanta-headquartered firm saw second-quarter revenues increase by 7.7% year on year to reach $15.7bn, while net income grew by 9.1% to hit $1.4bn.Revenue growth was led by its ...
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VIDEO: Improving air cargo security in the US
The US air cargo industry has been debating how it believes the sector can make supply chains more secure (see video at end of article).Air cargo participants presented their thoughts on air cargo security to a Homeland Security subcommittee chaired by Republican John Katko.President of the Cargo Airline Association Stephen ...
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IAG Cargo to offer time-critical service for pharma shipments
IAG Cargo has announced that it will expand its time-critical service to include pharma shipments.The airline group, which includes British Airways, Iberia and Aer Lingus, said that following successful trials of its Constant Climate Critical service across India, the UK and Europe, IAG Cargo is rolling out this new offering ...
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Air Charter Service lands sweet flight
Charter company Air Charter Service landed a pretty sweet deal last week when it arranged to fly 100 tonnes of confectionery to re-stock a warehouse in Peru.The urgent shipment from Mexico took place when a warehouse storing sweets was burnt down, with most of the company’s stock damaged in the ...
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Cobalt Air appoints AIA Cargo as worldwide GSA
Cyprus-based airline Cobalt Air has appointed Airbridge International Agencies (AIA Cargo) as its worldwide cargo general sales agent (GSA).A spokesperson for the low cost carrier said: "The appointment marks another positive milestone in the development of Cobalt Air, Cyprus’ fastest growing airline, and will enable the airline to generate additional ...
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Air India SATS launches Bengaluru cargo tracking app
Ground handler Air India SATS Airport Services (AISATS) has launched a cargo tracking app to help keep customers up to date with the current status of shipments.The company said that the tracking app will be available at AISATS Air Freight Terminal and at AISATS Coolport, located at Kempegowda International Airport ...
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NewsAirports see cargo demand growth reach 2017 high
Cargo demand growth at airports sped up in May, reaching double-digit levels and the highest level so far this year.The latest statistics from industry body Airports Council International (ACI) show that cargo demand improved by 11.1% in May.The region to register the largest growth rate was Europe with an increase ...
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Forwarder-to-forwarder online marketplace launched
A new online cargo marketplace, Transnations, has been launched, this time targeting the intra-freight forwarder market.Transnations said its solution will save companies time and money wasted when using less focused platforms, leading to improved margins, increased business leads, optimised consolidation and minimal email communications. Forwarders can publish and update their ...
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Supply chain apprenticeship scheme set for launch
The world’s first apprenticeship route to supply chain leadership roles is set to be launched in 2018.The supply chain leadership professional integrated degree apprenticeship has been developed by an employer group consisting of around 25 organisations and a number of Universities, and is led by the Uniserve Group and the ...
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Spaces running out at next GDP Workshop in London
Spaces at the next IAG Cargo and Exelsius GDP Academy workshop, held in London on October 2-3, are quickly running out.The Good Distribution Practice Academy combines classroom training in the correct handling of temperature sensitive pharmaceutical products, with a visit to an airport airside area.Students will be able to witness ...
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Far East traffic boosts Schiphol cargo volumes
Amsterdam Airport Schiphol saw cargo demand improve by 8.7% year on year during the first six months of 2017, with volumes boosted by Far East tarffic.In total, Europe's number three cargo airport saw demand over the first six months reach 866,713 tonnes, up from 797,069 tonnes during the same period ...
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Airlines appeal European Commission's cartel fines of €776m
The European Commission (EC) faces a further appeal by eleven airlines over its March 2017 decision to re-adopt a previous ruling and to impose fines totalling more than €776m on the carriers for operating a price-fixing cargo cartel between 1999 and 2006.KLM, British Airways, Lufthansa and eight other carriers have ...
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Delta invests in tech and infrastructure after table topping performance
Delta Cargo has revealed its latest investment priorities after topping the North American carrier table for on-time airport-to-airport delivery times.The airline said, based on Cargo iQ stats, that over the last 12 months, it has had the highest average percentage for airport-to-airport NFD - a measure of on-time freight and ...
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DHL warns of supply chain talent crisis
Logistics giant DHL has warned that the supply chain sector faces a global staff shortage as the industry fails to attract enough people.The company warned that the US Bureau of Statistics estimates that jobs in the logistics sector are set to grow by 26% between 2010 and 2020, while another ...
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Lufthansa Cargo wants to remain in airfreight's Champions League
Lufthansa Cargo wants to remain in airfreight’s “Champions League”, using a first team line-up of Productivity, Products, Partnership, Digitisation, ANA and Cathay Pacific, with Swiss and United on the bench.The German carrier’s logistics division made a combined €50m loss in 2016, as its cargo airline business pushed ahead with a ...
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Lufthansa Cargo adds protective film as standard on cool services
Lufthansa Cargo has announced that all cargo transported in the passive refrigeration sector will now be protected against temperature changes through the use of a protective film.The German airline said the innovative reflective film, which was produced exclusively for the carrier, provides sensitive shipments with optimum protection against the unavoidable ...
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KLM boss Elbers in high profile support of airfreight and freighters
Cargo can often be the forgotten partner of its passenger counterpart, but not at KLM, where the Dutch airline’s president and chief executive, Pieter Elbers, is fully behind the freight division.Elbers struck a high-profile when KLM-Martinair opened its new sort centre at Amsterdam’s Schiphol airport, a “tens of millions” euro ...
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Airfreight prices climb in June but growth rate narrows
Global average airfreight rates continued to track ahead of last year’s levels in June, but the rate of improvement has slowed compared with a month ago.The latest Sea and Air Shipper Insight report from Drewry shows that average all-in buy rates across 21 major east-west trade lanes increased by 1.1% ...
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Pick of the crop: 'Cherry Express' B777 freighter visits Sea-Tac Airport
A fruit-themed China Cargo Boeing 777 freighter flew into Seattle-Tacoma International Airport on the US west coast, to harvest a booming US cherry season which is projected to export a record crop.The specially-painted aircraft, nicknamed the 'Cherry Express', is part of a fleet that serving five Pacific Northwest states which ...