Latest news – Page 709
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NewsLATAM cargo revenues and volumes slide in Q3
Cargo revenues at the LATAM Group continued to decline during the third quarter of the year as a result of a decline in traffic and yields.The South American carrier recorded total cargo revenues of $266m during the third quarter compared with $310m during the same period in 2015.The decline was ...
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B&H appoints new regional MD
Aerospace logistics and warehousing provider B&H Worldwide has appointed Mark Nightingale as regional managing director for the Europe, Middle East and Africa region (EMEA).He joins the company from UPS where he held the position of managing director freight forwarding for UK, Ireland and Nordics.At B&H he will be responsible for ...
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Freightos launches freight rate calculator
Freightos, the online freight marketplace, has launched its Freight Rate Calculator for international multimodal logistics that includes air cargo.The calculator is currently being launched as a public beta.Hong Kong-based Freightos said that the calculator allows retailers, exporters, distributors and wholesalers to access “immediate freight rate estimates for ocean, air, and ...
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Emirates Group profits slide 64% while cargo volumes remain flat
The Emirates Group saw profits decline by 64% in the first half of the year, while cargo volumes remained stable and capacity increased 9%.Group revenues for the first six months of the financial year, which include Emirates and dnata figures, increased by 1% on the same period last year to ...
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Frankfurt, Heathrow and Stansted see October cargo increases
Europe’s leading cargo airports recorded a rise in airfreight throughput during October.Frankfurt, the continent’s number one cargo hub in 2015, recorded a 4.8% rise in cargo volumes in October to just over 194,000 tonnes, the second largest October figure in the German airport’s history.Frankfurt’s bounce, while still only a 1.6% ...
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Airline and pilot groups eager to work with Trump on modernising US aviation infrastructure
Airlines for America (A4A) and the Air Line Pilots Association International (ALPA) have welcomed Donald Trump as US President-elect and said urged him to follow through on campaign pledges to modernise infrastructure.Trump, in his acceptance speech and during his campaign, put forward a $1trn plan to improve infrastructure as part ...
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BDA Logistics adds new hub at Birmingham airport
BDA Logistics Innovation, which operates its own freighter flight, has moved into a new, larger base at Birmingham Airport in the UK from its previous base further away from the airport.The time critical logistics firm’s new facility will act as a base for its national through-the-night delivery service and its ...
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B747-400F service between Germany and South Carolina
Senator International has launched a Boeing 747-400 freighter that will serve the US South Carolina hub of Greenville Spartanburg (GSP) with flights out of Munich and Frankfurt-Hahn airports in Germany.The Germany-based logistics operator said that its “Atlantic Bridge” will use an Air Atlanta Icelandic freighter, with Globe Air Cargo responsible ...
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Cargojet welcomes retention of 25% cap on foreign ownership
Canada-based freighter operator Cargojet has welcomed Transport Canada's review of the foreign ownership rules for Canadian airlines which remain unchanged for the airfreight sector.Ajay Virmani, president and chief executive of the airline, said: "Cargojet welcomes the decision by the Minister of Transport, Marc Garneau, to maintain current foreign ownership levels ...
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NewsDP DHL: More work to be done on airfreight despite volume improvement
Deutsche Post DHL (DP DHL) has said there is more work to be done for its airfreight business despite the segment recording its first improvement in demand since the first quarter of last year.Speaking on an investor call shortly after the company’s third quarter results were announced, DP DHL chief ...
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Ancra receives FAA Certification for CRJ200 SF cargo loading systems
Ancra International has received Federal Aviation Administration (FAA) certification in the US for the cargo loading system for the CRJ200 SF passenger to freighter (P2F) conversion by Aeronautical Engineers Inc’s (AEI).The system is capable of carrying eight 61.5" x 88" ULDs OR eight 62" x 88" ULDs; Ancra also offers ...
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Hactl ground handling certification first in Hong Kong
Hong Kong Air Cargo Terminals Limited (Hactl) has become the first handler in Hong Kong to be certified under the IATA Ground Operations Manual (IGOM), signifying its full compliance with the new standardised procedures.Through IGOM, IATA is driving the adoption of a single industry ground operations manual, to replace the ...
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China Air Cargo finally looks set to get the go-ahead for launch
The Civil Aviation Administration of China (CAAC) looks set to approve a transport license for the start-up of China Air Cargo.The CAAC said China Air Cargo, which placed an order for two B757-200 conversions earlier this year, would use Guangzhou Baiyun International Airport as its base of operations for domestic ...
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NewsDHL Global Forwarding sees first pick-up in airfreight demand since Q1 2015
DHL Global Forwarding has managed to record its first quarterly year on year improvement in airfreight volumes since the start of 2015 but revenues and earnings continued to come under pressure.The world’s leading airfreight forwarder recorded a 2% year-on-year increase in export tonnage during the third quarter of the year ...
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ECS and Jetstar Asia launch new website to promote services
General sales agent (GSA) ECS and its airline customer Jetstar Asia have launched a new website to promote the flights that the two companies are able to offer through their contract.The website will allow customers to find the products and services on offer, including the network of countries when Jetstar ...
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UPS to buy pharma logistics specialist Marken
UPS will strengthen its presence in healthcare logistics with the purchase of Marken, a global supply chain specialist serving the pharmaceutical and life science industries.The US-based parcels and logistics giant has entered into a definitive purchase agreement to acquire Marken, subject to regulatory approval, which will operate as a wholly ...
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NewsCargojet sees revenues climb on Air Canada tie-up
Cargojet saw revenues continue to climb in the third quarter of the year in line with the launch of new services between South America and the US but it recorded a net loss largely as a result of impairment and finance costs.The aircraft lessor reported a 7.2% year on year ...
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Leaping at Oslo: ABC the latest to launch services targeting salmon demand
AirBridgeCargo Airlines (ABC) is the second airline within the last few weeks to launch a freighter services from Oslo that aims to capitalise on the seafood market.The scheduled all-cargo airline will offer two services a week between the Norwegian city and Moscow Sheremetyevo utilising a Boeing 747 freighter, which can ...
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CHAMP has a solution for forwarders sending pre-arrival data to Canadian Customs
Air cargo IT provider CHAMP Cargosystems has extended the scope of its Traxon Global Customs (TGC) solution to freight forwarders in response to a change in freight filing regulations by the Canada Border Services Agency (CBSA).The third phase of the CBSA’s Advance Commercial Information program (ACI) — eManifest — makes ...
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Recent improvements in air cargo demand is on most trade lanes, says Atlas
Improving air cargo demand over the peak season is “across most markets” and is also helping boost yields, according to Atlas Air Worldwide Holdings (AAWH).Shortly after announcing third-quarter results, AAWH president and chief executive William Flynn said that the company had noticed a “very strong peak season” across its customer ...