Latest news – Page 665
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News
YTO to build Zhejiang hub
Chinese parcels carrier YTO Express is to build a 5 billion yuan ($735 million) logistics hub in Zhejiang, according to a report in the China Economic Review.The carrier, which aims to become the largest international courier in mainland China by 2020, recently acquired a majority stake in Hong Kong-based On ...
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Growth continues but outlook uncertain, says WorldACD
The airfreight market continued to grow overall in April, but the outlook has become much less clear, say analysts WorldACD. Following March’s strong across-the-board increase, worldwide growth in April was still a respectable 7.7%in terms of volume year on year, but different parts of the industry showed very different performances.The ...
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We want to be in pharma top five says Turkish Cargo chief
Chief cargo officer Turhan Özen says he wants Turkish Cargo to become one of the top five pharma carriers by 2023. Speaking at a Pharma Day panel of industry representatives in Frankfurt organized by the carrier’s cargo sales team in late May, he said pharma was an important part of ...
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Manston: Public consultations to be held
As part of proposals to reopen the UK’s Manston Airport as an airfreight hub, RiverOak Strategic Partners (RSP) is to hold seven public consultations between June 14 and June 24.RSP believes Manston could provide thousands of jobs for Thanet and the wider regional economy if it were reopened and developed ...
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APAC forwarding market on the uptick
A survey conducted by consultants Mike King and Cathy Roberson for the new APAC Forwarding Index indicates that airfreight volumes on major East-West trade lanes are expected to continue to grow in the coming months, with only nine percent of respondents expecting lower volumes in August than in May across ...
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ACS moves cargo with ‘extreme dimensions’
Charter broker Air Charter Service (ACS) recently transported two high cube containers filled with oil and gas industry equipment from Italy to Saudi Arabia on board an Ilyushin IL-76 freighter that only just accommodated them.ACS Group cargo director, Dan Morgan-Evans, commented: “Weeks of planning went into the operation as the ...
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April throughput rises at DXB
Dubai International Airport handled 217,881 tonnes of airfreight during April, a rise of 1.9% over the same month of last year when 213,790 tonnes passed through the Middle Eastern gateway.For the year to date, volumes rose by 3.9 percent compared to the same four months of 2016, from 828.934 to ...
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Hainan’s third Kung Fu Panda Dreamliner takes to the sky
A third Hainan Airlines Boeing 787-9 Dreamliner has received a Kung Fu Panda “makeover” as the carrier continues its collaboration with DreamWorks Animation.The aircraft’s inaugural flight – launching a new daily service from Haikou to Beijing – took place on May 29, in celebration of the carrier’s 24th anniversary. Among ...
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Volga-Dnepr keeps Baffinland iron ore production on track
Russia-based all-cargo carrier Voga-Dnepr Airlines carried out 20 Ilyushin IL-76TD-90VD freighter flights over four weeks beginning at the start of April, moving heavy-duty trucks and trailers from North Bay to Mary River in North Baffin, Nunavut, Canada on behalf of Baffinland Iron Mines.Baffinland had ordered extra trucks and trailers in ...
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Neutral freight alliances join forces
Two neutral freight alliances, Cargo World Network (CWN) and Neutral Air Partner (NAP), have entered into a strategic partnership that will aim to provide “first-class neutral air and ocean consolidation solutions to the global logistics community”, a NAP statement has said.CWN brings together regional operators in over 50 markets to ...
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NewsAsian Cargo Monthly: Demand flies in April
Asian airlines continued their run of success on the cargo demand front in April, with the region’s major carriers all registering traffic growth on a like-for-like basis.The region’s largest cargo carrier, Cathay Pacific, saw cargo traffic increase by 6.2% in April to 907m cargo and mail tonne km. The increase ...
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IAG to dispatch cargo as priority after IT failure
IAG Cargo has "made good progress" in flying customer bookings affected by an IT outage over the weekend.The cargo division said that it had experienced "significant operational disruption" on May 27 after the airline group faced IT issues causing the cancellation of thousands of flights and affecting around 75,000 passengers.IAG ...
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Changi sets new record
Singapore Changi Airport has set a new record in its air cargo history, handling more than 2m tonnes of airfreight during the 12 months ended April 30 – up seven percent on the previous reporting period.There was growth across imports, exports and transhipment flows, key segments being aerospace parts, perishables, ...
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ACI: Airfreight volumes ‘revive’ in Q1
Airports Council International (ACI) has noted a rise in air cargo volumes over the first quarter of this year (the three months ended March 31).“Improvements in business confidence, economic outlook and global trade have helped revive airfreight volumes in the first quarter of 2017,” ACI stated. “Overall freight volumes increased ...
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Virgin links Melbourne and Hong Kong
Virgin Atlantic Cargo is to offer 14 tonnes of cargo capacity on new five-times-a-week Airbus A330 services between Melbourne and Hong Kong that its partner, Virgin Australia, will launch on 5 July.“Hong Kong is an important and growing market for companies in Australia, with over 21.5m kilos of air cargo ...
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Qatar Airways expands pharma network
Doha-based Qatar Airways has added Colombo (Sri Lanka) and Dublin (Republic of Ireland) to its pharma network, bringing the total number of destinations covered to 73. Operations to Colombo began on 15 May, while Dublin is due to become active on 12 June with the launch of the carrier’s Boeing ...
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ABC moves eROSITA telescope
Russian all-cargo carrier AirBridgeCargo Airlines (ABC) has transported the eROSITA X-ray telescope from the Max Planck Institute for Extraterrestrial Physics near Munich to the premises of the Russian aerospace company, Lavochkin Association, in Moscow.The movement of the highly sensitive cargo was carried out in partnership with integrator DHL. Ensuring the ...
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Air cargo industry invited to online Q&A about wildlife trafficking
The authors of a new report on of wildlife trafficking in the air transport sector are hosting an online presentation and Q&A in June for members of the industry to learn more about the findings.The USAID Reducing Opportunities for Unlawful Transport of Endangered Species (ROUTES) Partnership will hold the session ...
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Ciao: WFS sells ground handling business in Italy
Worldwide Flight Services (WFS) has sold its ground handling business in Italy to Inceptus.WFS has operated ATA, a ground handler in Italy, since June 2015 through its fully owned subsidiary WFS Ground Italy, which has now been sold to Inceptus.WFS is no longer involved in ground handling activities in Italy ...
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Unisys launches pharma tracker to help combat fraud and theft
Unisys has launched its PharmaTrack software that combines "leading security, advanced data analytics and compliance technology in a single, unified platform".The global IT firm says that the software will provide life sciences and healthcare companies "enhanced visibility and oversight" of the entire global pharmaceutical supply chain and so help combat ...