Latest news – Page 780
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News
Rigby joins Cargo Composites
US-based Cargo Composites has appointed James Rigby as its director of marketing and sales.The manufacturer of composite cargo containers and pallets for the air transport sector said that Rigby will “push ahead with the manufacturer’s global expansion and pave the way for the further enhancement of the company’s innovative and ...
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Lufthansa Cargo gains environmental certification
Lufthansa Cargo has achieved ISO certification for its environmental processes.The German cargo airline first achieved the ISO 14001 environmental certification process in Frankfurt and has since then rolled this out to facilities worldwide.Lufthansa Cargo board member operations Karl-Rudolf Rupprecht said: “As an airline, we have a special responsibility to our ...
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American takes $592m hit on trapped Venezuelan revenues
American Airlines has written off $592m as a 2015 fourth quarter special charge relating to revenues trapped in Venezuela.The US carrier stated: “In connection with the preparation of the Company’s financial statements for the fourth quarter of 2015, management has concluded that due to continued lack of repatriations and deterioration ...
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DHL Express appoints Ken Lee as Asia Pacific chief executive
DHL Express has named Ken Lee as the new chief executive of Asia Pacific. He succeeds Jerry Hsu, who is retiring after a 15 year career with DHL Express.Based in Hong Kong, Lee will be responsible for a region that includes Hong Kong, India, Japan, Korea, Oceania, South Asia, South ...
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Hollywood bowled over by Qatar's extra LA freighter
Qatar Airways will serve Los Angeles with a fourth weekly Boeing 777 freighter service from January 19, after launching the US west coast maindeck route with a twice weekly frequency to its Doha hub in April 2015.Group chief executive Akbar Al Baker announced the Middle East carrier's additional freighter frequency ...
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K+N bags GSK pharma contract
Kuehne+Nagel has signed a five year pharma logistics contract with global healthcare company GSK.The Switzerland-based supply chain giant will operate an “end-to-end global logistics partnership” for GSK until 2021, running the core business of transporting products from the raw materials supplier to trade customers.Said K+N: “With numerous suppliers, a large ...
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Freight volumes down at Lufthansa Cargo as tough conditions take their toll
Lufthansa Cargo saw freight volumes decline last year as strikes, turbulence in the Chinese market and a stronger US dollar all weighed heavily on the German carrier’s results.Lufthansa Cargo carried 1.6m tonnes of freight and mail last year, which represents a 2.4% decline on 2014 levels. In freight tonne km ...
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NewsFreighter orders soar in 2015
Despite pessimism in the airfreight market in 2015, the year proved to be a busy period for orders of freighter aircraft.Aircraft manufacturers Boeing and Airbus have now revealed their order and delivery figures for 2015 and there was a notable increase in the number of freighters ordered for both companies.In ...
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Data role for UTi's Asian hub choice
DATA analytics were a key factor behind UTi’s introduction of Asian multimodal hubs in Kuala Lumpur and Ho Chi Minh City to service its gateways in Europe and the US.The Asian consolidation hubs provide faster, more reliable transits for goods and take advantage of excess, short haul air capacity while ...
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Etihad cargo volumes up by 4% in 2015
Etihad Airways reported strong cargo volumes for 2015, with 592,090 tonnes of freight and mail flown in total, a four percent increase year-on-year.The national airline of the United Arab Emirates accounted for 88% of cargo imports, exports and transfers at Abu Dhabi International Airport last year.The airline's Etihad Cargo division ...
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Shanghai's PACTL sets new freight volume record
Shanghai Pudong International Airport Cargo Terminal (PACTL) has achieved record annual cargo throughput 2015 on the back of the growth of imports of consumer goods.The Sino-German joint venture saw annual cargo volumes jump by 6.5% year on year in 2015 to 1.6m tonnes.PACTL’s overall import cargo volumes increased by 9% ...
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Vigorous Brussels sees 7.8% cargo surge in 2015
Brussels Airport saw “vigorous” 2015 full year freight volumes grow 7.8% to just over 489,000 tonnes, helped by the arrival of four new cargo carriers in the full freighter segment and the development of express services at the Belgian hub.Arnaud Feist, chief executive of Brussels Airport Company, said: “The growth ...
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United opens temperature control facility at Newark
United Cargo has opened a TempControl centre at its Newark Liberty International Airport (EWR) hub.It will serve TempControl, the US carrier's product for commodities requiring temperature-controlled transport.The new facility includes the features and innovations “most requested” by United’s TempControl customers, including +15C to +25C controlled room temperature, the capacity to ...
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DHL takes a stake in French e-commerce logistics specialist
Deutsche Post DHL Group is taking a 27.5% stake in Relais Colis, a French e-commerce logistics specialist serving Europe’s third largest internet retail market.The Germany based global logistics giant said that the minority holding will “support the further development of the French e-commerce logistics specialist’s network of pickup points and ...
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WFS to acquire Consolidated Aviation Services in the US
Worldwide Flight Services (WFS), the Paris-based global air cargo handler, is continuing its expansion strategy with the acquisition of New York-headquartered Consolidated Aviation Services (CAS). CAS is one of the leading cargo handlers in the US, serving over 250 airlines.Financial terms were not disclosed and the transaction is subject to ...
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NewsAir cargo demand declines "bottom out" after November slide
Global airfreight volume declines may have “bottomed out” after another slide was recorded in November.The latest statistics from IATA show that air cargo demand in tonne km (FTK) terms declined by 1.2% in November compared with a year earlier, although November 2014 was a particularly strong month.Volumes were higher than ...
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Heathrow records 2015 demand decline
The UK’s busiest cargo airport, Heathrow, ended last year with a slight decline in cargo volumes compared with 2014 levels.The west London airport, which is hoping to add an extra runway, recorded total cargo volumes of 1.5m tonnes in 2015, a 0.2% decline compared with a year earlier.However, it was ...
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West Atlantic cargo plane crashes in Swedish mountains
A West Atlantic Sweden aircraft crashed last night (January 7) in Sweden whilst flying from Oslo to Tromsö.West Atlantic said the Bombardier CRJ200 PF aircraft, which was carrying post for Posten Norge, declared mayday at 23:31 at which point Swedish and Norwegian search and rescue teams were notified.The crash site ...
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NewsDifficult year for cargo demand on Latin American routes
The full impact of economic weakness in Latin American and Caribbean countries has been laid bare in the latest industry statistics.Figures from the Latin American and Caribbean Air Transport Association (ALTA), whose members represent 90% of the region’s commercial air traffic, show than demand for the first 11 months of ...
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European Commission approves Fedex's takeover of TNT
The European Commission has given official approval to FedEx’s $4.8bn acquisition of TNT Express.The two companies said that following an investigation, the European Commission concluded that the deal would not raise any competition concerns.The Commission said FedEx and TNT are not particularly close competitors and the merged entity will continue ...