All articles by Rebecca Jeffrey – Page 45
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NewsUPS Q2 profit down 30% YoY
Volumes posed a challenge for UPS in the second quarter of this year, though results were bolstered slightly by the performance of the supply chain solutions division.UPS has announced second quarter consolidated revenues of $21.8bn, a 1.1% decrease from the second quarter of 2023.Consolidated operating profit was $1.9bn, down 30.1% ...
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NewsAsia exports boost K+N airfreight volumes in Q2
Healthcare and semiconductor shipments, Asia exports and Red Sea disruption helped drive up airfreight volumes for Kuehne+Nagel (K+N) in the second quarter of 2024.Airfreight volumes at K+N increased 7.3% to 517,000 tonnes in the second quarter of 2024 compared to the same quarter in 2023.Net turnover in K+N's air logistics ...
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UPS to acquire Estafeta
UPS has entered into an agreement to acquire Mexican express delivery company Estafeta, including a fleet of six aircraft.The acquisition has been announced as Mexico becomes strategically more important to UPS and the use of nearshoring grows.Estafeta's business include global express import and export with air service, document and parcel ...
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Air cargo in recovery mode after Crowdstrike IT outage
Air cargo operations are returning to normal with limited delays expected following the chaos caused by the recent global IT malfunction.The Microsoft IT outage, which saw many air cargo operations go down after computer systems failed at airlines and airports worldwide, was triggered by a software update from cyber security ...
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NewsNational Airlines orders four 777Fs
National Airlines 777F. Photo: BoeingFlorida-based carrier National Airlines is investing in Boeing 777 freighters for the first time with an order for four of the model.The airline currently operates nine Boeing 747-400Fs. The newbuild 777Fs will help the airline modernise its fleet, increase cargo capacity and fly long haul routes."We ...
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NewsTAAG Angola Airlines grows its Africa network
Photo: TAAG Angola AirlinesTAAG Angola Airlines has doubled its cargo flights to Nigeria, the Democratic Republic of Congo (DRC) and South Africa as part of its plans to grow within the African air cargo market.From Dr. Antonio Agostinho Neto International Airport (NBJ) in Luanda, Angola, TAAG now offers two weekly ...
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Cathay's cargo volumes rise 12% in June
Cathay Pacific’s cargo tonnes were up 12% year-on-year in June, with pharma shipments helping to lift what is usually a "slower month".The airline carried 124,568 tonnes of cargo in June and the month’s cargo revenue tonne kilometres (RFTKs) increased 5.6% year on year.The cargo load factor decreased by 2.1 percentage ...
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NewsGlobal IT outage hits air cargo operations
Air cargo operations have been impacted by the IT disruption that has seen computer systems malfunction at airlines and airports worldwide.The disruption is understood to have been caused by a Microsoft IT outage triggered by a software update from cyber security company Crowdstrike.In Europe, cargo hub Amsterdam Airport Schiphol confirmed ...
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Dimerco partners with Cathay for peak season China-US air cargo service
Dimerco Express Group is partnering with Cathay Pacific to run an air cargo charter service from Shanghai (PVG) to Chicago (ORD) during the fourth quarter peak season in a bid to capture air cargo demand.The once a week service will run from September 12 to December 5 using a Boeing ...
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NewsMammoth's first 777-200LR conversion at STS Manchester underway
Mammoth 777-200LR undergoing conversion at STS Manchester. Photo: Mammoth FreightersMammoth Freighters has inducted its first 777-200LR passenger to freighter (P2F) conversion at the STS Aviation Services facility in Manchester, UK.STS is now working to convert the 777-200LR aircraft (MSN 32222) at the Manchester facility, which Mammoth said is in a ...
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NewsOne Air calls for UK-EU agreement to curb 747 strife
One Air is lobbying the new UK government to establish a bilateral agreement with the European Union (EU) that makes it easier to source pilots, engineers and maintenance to help it save money and improve efficiency as it strives to grow its operations.The cargo airline, which launched in April last ...
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NewsAir Partner provides urgent supplies to hurricane-stricken Jamaica
Source: Air PartnerAir Partner's cargo division recently supported humanitarian aid efforts in the aftermath of Hurricane Beryl in the Caribbean.The Air Partner cargo team arranged a cargo charter flight from Miami (MIA) to Montego Bay (MBJ) in Jamaica utilising a Global X Airbus A321F aircraft to transport 50,000 lbs and ...
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NewsMenzies and KLM renew cargo partnership at AMS
Photo: MenziesMenzies Aviation has renewed a major cargo and ground handling contract with KLM Royal Dutch Airlines at Amsterdam Airport Schiphol (AMS).The ground handler will provide cargo warehouse and ramp handling services for all KLM/Martinair freighter operations at AMS for the next five years. The extension will see teams at ...
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NewsSwiss WorldCargo is recertified for IATA CEIV Pharma
Photo: Swiss WorldCargoSwiss WorldCargo has once again been re-awarded with IATA’s CEIV Pharma (Center of Excellence for Independent Validators in Pharmaceutical Logistics) certification.The re-certification for the airfreight division of Swiss International Air Lines (SWISS) was confirmed following an audit operated by IATA’s independent auditors.In 2018, IATA first awarded Swiss WorldCargo ...
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NewsMiami secures its cargo future with facility funding
VICC phase 1 rendering. Source: Miami International AirportMiami International Airport (MIA) has secured investment of at least $400m for the development of a vertically-focused cargo facility that will increase the airport’s total cargo capacity by at least 50% or potentially up to 2m tons annually.Air Cargo News first reported ...
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NewsSATS and SF Group further collaborate on e-commerce services
Bob Chi and Zhang Zi. Photo: SATS GroupSingapore-based aviation services company SATS has signed a a Memorandum of Understanding (MoU) with Chinese express delivery and logistics service provider SF Group to grow the existing e-commerce service collaboration between the companies.SATS and SF Group will combine their respective areas of expertise ...
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NewsEmirates SkyCargo orders five more 777Fs
Emirates SkyCargo 777F. Photo: EmiratesEmirates SkyCargo has ordered five more newbuild Boeing 777-200 freighters for delivery between 2025 and 2026.The carrier's $1bn order follows its previous investment in four new 777-200Fs that are expected to arrive in 2024, plus a fifth 777-200F in 2025.Emirates SkyCargo said that once the new ...
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Dutch Supreme Court says Schiphol slots ruling wrong
The Supreme Court in the Netherlands has upheld a ruling that a plan to cut slots at cargo hub Amsterdam Schiphol Airport was unlawful.This decision follows something of a battle between the government, the International Air Transport Association (IATA) and airlines since the Dutch government's "experimental regulation" to cut flight ...
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NewsSwissport appoints North America cargo bosses
Ajay Barolia and Peter Weir. Photo: SwissportSwissport is growing its cargo expertise in North America with the appointment of Ajay Barolia as senior vice president cargo and Peter Weir as senior vice president cargo commercial.Barolia joined Swissport on July 15 from Qatar Airways, where he spent over nine years in ...
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MASkargo signs up for CargoAi's CargoWALLET
MASkargo will place its capacity on CargoAi's online booking portal and also offer payment for bookings through the technology firm's CargoWALLET payment solution.CargoWALLET’s capabilities include instant payment processing with a variety of preferred payment methods, such as local transfers and credit card payments.This removes the reliance on cash payments and ...