Latest news – Page 651
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Reports suggest Amazon has European air cargo operation
E-commerce giant Amazon has reportedly set up an air cargo operation in Europe as it looks to avoid shipment bottlenecks during the peak season, following on from its rumoured set-up in the US.The UK’s Evening Standard newspaper reports that Amazon has been chartering flights between Poland, Germany and the UK ...
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Video: Drone delivery continues to make progress
The possibility of parcel delivery by drone continues to take steps forward as Amazon reveals video footage (see below) of one of its Prime Air machines in action shortly after gaining US regulatory approval for testing and Matternet continues to push for regulatory development.Last week the US Federal Aviation Administration ...
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Rickenbacker picks up Amazon fulfillment delivery
Amazon.com has announced plans to build a 1m sq ft fulfillment centre in the Rickenbacker Global Logistics Park which also serves the nearby US airport with big freighter aircraft ambitions.The online retail giant’s decision to locate in the ‘Buckeye State’ of Ohio as part of the Rickenbacker Inland Port cluster ...
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Freight Transport Association gets back to basics with ABC guide to Brexit
A week after the EU Referendum result, the Freight Transport Association has identified the top ten crunch issues for British logistics as the country prepares to leave the European Single Market.These will be the issues that FTA will be closely monitoring and influencing over the coming months to protect the ...
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Airport industry calls for single European aviation market following Brexit vote
Rulemakers have been urged to maintain Europe’s single aviation market following the UK’s vote to leave the European Union.The Airports Council International (ACI) Europe has called for the European Union (EU) and UK aviation markets to remain fully integrated in the future to safe guard and promote air connectivity.ACI Europe ...
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Courier urges UK government to avoid costly tariffs and red tape following 'Brexit' vote
Courier firm ParcelHero has called on the UK government to secure access to the single market and avoid the imposition of new import tariffs following the UK voting the leave to European Union (EU).ParcelHero’s head of consumer research David Jinks said: “Many of ParcelHero’s small/medium (SME) business customers voted for ...
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IAG says no long term material impact from Brexit
International Consolidated Airlines Group (IAG), which includes British Airways, Iberia and Aer Lingus, believes that the UK vote to leave the European Union will "not have a long term material impact on its business".In the short term, however, in the run up to the UK referendum during June, IAG experienced ...
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ATSG confirms Amazon freighter network deal
UPDATED: Air Transport Services Group (ATSG) has announced agreements with Amazon Fulfillment Services, an affiliate of Amazon.com, to operate an air cargo network of 20 Boeing freighters to serve Amazon customers in the US.“Since last summer, we have been working closely with Amazon to demonstrate that a dedicated, fully customised ...
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Brexit? European Parliament debates divorce settlements
With the European Union (EU) facing the biggest political rupture in its history, the UK voting to leave the union, Members of the European Parliament (MEPs) have been debating...divorce settlements.In at briefing statement, the European Parliament said: "New rules for deciding which country’s courts should settle property disputes in divorce ...
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FedEx dismisses headline grabbing "fantastical" reports that Amazon's air network could compete with integrators
FedEx has dismissed headline grabbing reports that Amazon’s new US air cargo network will become a competitor for its own operations.Speaking shortly after announcing its fiscal third-quarter results, FedEx Services president and chief executive Mike Glenn said Amazon was a valuable customer and it would be difficult for an e-commerce ...
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Brexit: UK shippers call for negotiations "to keep goods moving"
After Britain voted 52% in favour of leaving the European Union (EU), UK shippers have warned that exit negotiations must ensure “the goods keep moving”.Following the announcement of a ‘leave’ result in the EU referendum, the Freight Transport Association (FTA) says that coming out of union “risks new costs, restrictions ...
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Amazon invests $69m in freighter lessor ATSG
Amazon has already taken the opportunity to invest in US air cargo freighter lessor Air Transport Services Group (ATSG), taking a 9.99% share in the company.The e-commerce firm revealed on Friday that it had exercised its right to invest in ATSG by taking just over 7m shares of common stock ...
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Atlas Air waits for Amazon to deliver better things
Atlas Air revealed first quarter net income sharply down in 2016, at $7.7 million compared with $25.8 million for the three months ended March 31, 2015.However, earnings per share were in line with expectations and the company looked forward to its recently announced deal with Amazon to operate a further ...
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IATA urges UK and EU leaders to maintain "safe, secure and efficient" air connectivity
IATA has said the UK’s future relationship with Europe must ensure “safe, secure, efficient and sustainable air connectivity” but warned that airfreight volumes will be affected by lower trade.Following today’s announcement that the UK will invoke its right to leave the European Union, IATA issued a report outlining the effects ...
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Amazon to lease a further 20 freighters from Atlas
UPDATED: E-commerce giant Amazon will double the size of its airfreight fleet after it signed up to lease another 20 freighters, this time from Atlas Air Worldwide Holdings (AAWW), which it will also invest in.The long-term commercial agreements include the operation of 20 B767-300 converted freighters for Amazon on a ...
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DHL: No problem with Atlas/Amazon deal
DHL says it has no problem with its aircraft lessor Atlas striking a deal with potential express customer Amazon to lease 20 freighters in the US.During a first quarter results conference call, Deutsche Post DHL Group chief executive Frank Appel said: “Atlas can work with other customers and [the deal] ...
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Heading for the Brexit, UK aviation considers its options
What does the referendum result for Britain to leave the European (Brexit) mean for UK aviation and its air cargo industry?Without a clear idea of the rules of the game for negotiations between the UK and the European Union (EU), it is hard to paint a proper picture of what ...
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Amazon's freighter deal expected to have minimal impact on UPS and FedEx margins
Amazon’s freighter operation is likely to have little impact on the margins of UPS and FedEx, according to a new report.The report from credit ratings agency Moody’s estimates that Amazon’s 40 Boeing 767 freighters will give the e-commerce firm a fleet with an aggregate payload capacity equal to roughly one ...
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Heathrow expansion, a decade until the new tarmac is available
The UK government has given the go ahead to a third runway at London Heathrow Airport, although the tarmac is unlikely to receive its first aircraft until 2025, at the earliest.Rival airport Gatwick Airport – it wanted to build a second runway in the South East – looks certain ...
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ACI welcomes Heathrow decision – but will it come soon enough?
Airports grouping ACI Europe said it welcomed the UK government’s “tentative” approval for an extra runway at London-Heathrow — subject to another public consultation and parliamentary vote — but pointed out that final approval could stretch on into late 2017.It welcomed the government’s final clarification of its position on expanding ...