Latest news – Page 77
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NewsCHAMP launches new multicarrier API connection service
Photo: Travel mania/ Shutterstock Air cargo software company CHAMP Cargosystems has launched a new service that allows forwarders and shippers to directly connect with more than 25 airlines. The Traxon Multi-Carrier API will allow forwarder and shipper users to compare availability and pricing and make bookings across ...
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NewsICAO launches air cargo economics course
Image source: ShutterstockThe International Civil Aviation Organization (ICAO) has launched an Introduction to Air Cargo Economics online course that aims to provide a comprehensive understanding of the sector.The course costs $200 and breaks down air cargo economics into 18 focused topics, with each topic taking just 5-6 minutes to complete.It ...
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NewsFour arrests over air cargo incendiary plot
Photo: Jaromir Chalabala/ ShutterstockPolish authorities have reportedly arrested four people in connection to an alleged plot to conceal incendiary devices in airfreight shipments.According to Poland’s National Prosecutor's Office, it began an investigation in August based on information obtained by the country's Internal Security Agency, reported media, including CBC News.A media ...
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NewsWestJet Cargo to launch time-sensitive Priority service
© 2019 Chad Slattery. Source: WestJet CargoWestJet Cargo plans to launch a Priority product for time-sensitive shipments that gives top priority for loading and transport, guaranteeing that shipments travel on specific flights.Available from November 4 across the WestJet Cargo network, the Priority service is designed to meet the needs of ...
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NewsFive new cargo carriers for Ted Stevens Airport
Ted Stevens Anchorage International Airport. Photo: EQRoy/ ShutterstockTed Stevens Anchorage International Airport (ANC) in Alaska, US is offering its transit services to five new cargo carriers as it continues to expand freighter operations.The five cargo carriers that have recently begun using ANC as a transit point are Awesome Cargo Airlines, ...
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NewsKuehne+Nagel predicts a muted air cargo peak season
© 2024 Kuehne+Nagel. All rights reservedKuehne+Nagel is expecting a muted peak season this year due to customers "front-loading" volumes to avoid potential disruption.Following the announcement of its third-quarter results, the world's largest forwarder provided its perspective on the coming air cargo peak market.The company is expecting its air cargo volumes ...
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NewsFlexibility needed for Heathrow AIS trucking, say stakeholders
CCS-UK panel. From left to right: Jason Breakwell, Wallenborn; Lawrence Cockburn, dnata; Chris Packwood, Geodis; James Golding, Heathrow; Claudia Carley, CCS-UK; Steve Parker, BIFA; and moderator Guy Thompson, CCS-UK. Photo: Air Cargo News Air cargo stakeholders have stressed they need flexibility built into a digitalisation project for ...
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NewsScan Global Logistics adds Ireland presence
Source: SGLFreight forwarder Scan Global Logistics (SGL) has continued its ongoing expansion with the opening of its first office in Ireland.The Denmark-headquartered forwarder said the new Dublin office would help strengthen its presence on the transatlantic trade lane."Ireland is a key market for us. Its proximity to major trade lanes ...
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NewsVirgin resurrects cargo-only Brussels flights
Source: Virgin Atlantic CargoVirgin Atlantic will resurrect its cargo-focused flights between Heathrow and Brussels, this time utilising passenger aircraft to carry cargo.Today, the UK carrier announced the addition of daily flights to Brussels using its Airbus A330-300 and Airbus A350-1000 aircraft.The flights will start on October 27 and run until ...
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NewsDP World hires senior director of airfreight for Americas
Image: ShutterstockDP World has appointed Peter Dyeremose as senior director of airfreight for the Americas as it seeks to drive growth in its airfreight freight forwarding services across the region.Dyeremose joins DP World with over 25 years of experience in logistics and airfreight. He previously worked at Mainfreight Inc., where ...
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NewsUPS profits and revenues improve in Q3
Source: UPSUPS registered improvements in its revenues, operating profits and net profits in the third quarter of the year as volumes returned to growth.The express giant saw its revenues for the third quarter increase 5.6% year on year to $22.2bn, while operating profits were up 47.8% to $2bn and net ...
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NewsHong Kong airfreight market outlook weakens but busy peak still expected
Source: Supakitswn/ shutterstock.comThe market outlook of Hong Kong airfreight traders has weakened in recent months but the peak season is still expected to be busy.The fourth quarter DHL Air Trade Index dipped by six percentage points compared with the third quarter survey to reach 35.2 points, with a decline of ...
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News40th Air Cargo News Awards winners revealed!
Photo: Leo Johnson PhotographyAir cargo innovation across the industry was celebrated at the Air Cargo News Awards today, which marked the 40th year of the event.Nearly 250 guests gathered for the awards this year, hosted by comedian and broadcaster Zoe Lyons at the Royal Lancaster London hotel, where attendees were ...
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NewsDHL signs largest ever SAF deal with IAG Cargo
Source: IAG CargoDHL Express and DHL Global Forwarding are to use an extra 60 million litres of sustainable aviation fuel (SAF) under a renewed contract with IAG Cargo.The new contract covers 2024 and 2025 emissions and is the largest SAF agreement between an airline and a customer to date, say ...
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NewsDP World opens Panama forwarding office
Editorial credit: T.Schneider/Shutterstock.comDubai-based DP World has opened a freight forwarding office in Panama City, its latest addition to its network in Latin America.Like the logistics and shipping group’s existing outlets in the region, it offers air freight, customs clearance, warehousing multimodal transportation and related services.DP World chief operating officer Morten ...
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NewsCargo soars at Singapore
Singapore Airlines Cargo shipment at Changi Airport. Photo: Changi AirportSingapore Changi Airport handled 512,000 tonnes of airfreight in the third quarter of 2024 (July to September), up 13.5% on the same period last year.Growth was seen across all cargo flows – exports, imports and transhipments, boosted by big improvements on ...
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NewsAirfreight profits down, turnover up at Kuehne+Nagel
© 2024 Kuehne+Nagel. All rights reservedKuehne+Nagel’s airfreight profits fell sharply in the third quarter of the year, despite increased turnover.The Swiss-based forwarding group reported a 20% increase in its net air logistics turnover in the third quarter of 2024 in its latest results. Turnover was up from CHF1,512 million in ...
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NewsDSV to complete Schenker buy in mid-2025
Source: DSVDSV expects to close its acquisition of DB Schenker from Germany’s Deutsche Bahn in the second quarter of 2025, said group chief executive, Jens Lund.In announcing the Danish logistics and forwarding group’s results, Lund said that the third quarter of 2024 was a landmark for the company with the ...
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NewsDHL Express gets to work on US hub scheme
Photo: DHL GroupDHL Express has started construction of a 305,000sq ft aircraft maintenance facility and expanded aircraft apron at its Cincinnati hub.The integrator says the $292 million facility at Cincinnati/Northern Kentucky International Airport will reduce aircraft downtime and improve reliability while the expansion of the apron with eight new gates ...
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NewsAmericas and Europe cargo revenues lag overall market performance
Image source: ShutterstockAirline cargo revenues from the Americas and Europe have come under pressure this year despite the overall market benefitting from rate and volume increases.Research from data provider WorldACD shows that in the first nine months of the year, cargo volume increases from Europe and the Americas were not ...