Region – Page 104
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News
Asia Pacific airfreight demand falls 7.7% in July
Asia Pacific airlines saw airfreight demand fall 7.7% in July as declining exports and a worsening trade outlook led to further weakness in the region’s air cargo markets.The Association of Asia Pacific Airlines (AAPA), in its preliminary monthly traffic data for July, said that “mounting trade tensions, alongside deteriorating business ...
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ECS continues European expansion with new office in Portugal
ECS Group has opened an office in Porto (OPO), continuing the GSSA's European development strategy to expand its network.“Opening an office in Portugal was a necessity in order to meet growing market demand on the Iberian peninsula, to offer even more options to our clients, and, of course, to continue ...
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Ethiopian Cargo adds freighter operations to Thailand and Vietnam
Ethiopian Cargo and Logistics Services is introducing a weekly B777 freighter service to Bangkok, Thailand and Hanoi, Vietnam.Tewolde GebreMariam, chief executive, Ethiopian Group, said: “Our new cargo service to Bangkok and Hanoi will supplement the daily bellyhold cargo capacity on passenger aircraft and will create better connectivity for cargo transport ...
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Volga-Dnepr Group to restructure management team after tough first half
The Volga-Dnepr Group has announced it will restructure the business after performance in the first half of the year was below expectations.The group, which includes AirBridgeCargo (ABC), Volga-Dnepr and ATRAN, said that its restructuring plan aimed at quality enhancement, cost reduction and the development of specialist services.As part of the ...
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JAL and Kalitta add new transpacific codeshare
Kalitta Air and Japan Airlines (JAL) have been given permission to add a new cargo codeshare on services between Chicago and Tokyo Narita, via Anchorage.In August, the two carriers applied to the US Department of Transportation to start the new partnership later that month under the "open skies" agreement between ...
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NewsNew Sydney airport attracts freight firms
Western Sydney Airport planTen of Australia’s major freight companies have entered a memoranda of understanding (MOU) with Western Sydney Airport, due to open in 2026.The MOU will see Western Sydney Airport work with the airfreight industry to design concepts for an on-airport freight precinct and begin discussions about potential operations ...
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Korean Air Cargo expands in America but cuts domestic services
Korean Air Cargo today announced that it would expand its services in the Americas with an additional weekly frequency, but reports suggest it will axe some domestic services.The airline said that it would upgrade its Incheon - Anchorage - Miami - Sao Paulo - Santiago - Lima - Los Angeles ...
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Oman Air Cargo adds mobile app
Oman Air Cargo has successfully launched a mobile app as it continues its drive towards digitisation.The airline said the app, which is available to download on both Apple and Android stores, is the first step on its "journey to 100% digitally transform [our] business" and follows on from the deployment ...
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Tigers South Africa opens e-commerce centre to support demand
To support the demands of the growing online retail market, Tigers South Africa has opened a new e-commerce centre at its Johannesburg warehouse.The centre – the first of its kind for the company in South Africa – is equipped with the Tigers-developed ScanPak App that allows staff to conduct scan ...
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Cathay Pacific chief executive resigns amid protest row
Today (August 16) Cathay Pacific announced changes in its senior management team.Augustus Tang will replace Rupert Hogg as chief executive, following Hogg's resignation earlier today. Ronald Lam will replace Paul Loo as chief customer and commercial officer.Although Cathay Pacific "believes that it is the right time for new leadership", the ...
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NewsPanalpina broadens Middle East operations with new Oman office
International freight forwarding and logistics company Panalpina is set to open a new office in Muscat, Oman, in the third quarter of 2019.Around 900,000 barrels of oil are produced in Oman each day and this accounts for approximately 80% of the country's revenue. Panalpina's presence in Oman will therefore present ...
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NewsCargo teams at Virgin and Delta set for transatlantic boost
Shawn Cole (L) and Dominic Kennedy (R)The cargo teams at partners Virgin Atlantic and Delta Air Lines are hoping to benefit from an increase in flights between the UK and US next summer.The extra flights will see Delta add Gatwick as a destination for the first time when it adds ...
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News
Swissport targets further acquisitions after refinancing
Ground handler Swissport said it will target further acquisitions following the refinancing of debt by the group.Swissport Group today announced that successfully closed and settled its debt refinancing.The refinancing includes €410m of senior secured notes, €250m of senior notes and a €850m term loan B facility.Swissport will use the net ...
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Hong Kong cargo operations largely unaffected by recent disruption
The protests at Hong Kong International Airport are not expected to cause major delays to cargo shipments.Protests at the airport disrupted bellyhold cargo operations between Monday and Wednesday, with services only starting to return to normal yesterday as the airport added extra security measures.However, Hong Kong Association of Freight Forwarding ...
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Further Hong Kong disruption could hit territory's reputation as a transport hub
The Hong Kong Association of Freight Forwarding and Logistics (HAFFA) has warned that the recent disruption to operations at Hong Kong International Airport (HKIA) could have a far reaching impact on the territory.Protests at the airport have disrupted bellyhold cargo operations over the last three days and services are only ...
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NewsBIFA expands training team with Sumner appointment
The British International Freight Association (BIFA) has expanded its training team with the appointment of Liz Sumner as trainer – freight and customs procedures.Sumner, who joins from DSV Air and Sea, will be based in the Midlands, and has over 30 years of experience in freight forwarding and logistics, the ...
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Newstime:matters strengthens Europe-Asia network with new locations
Time critical logistics firm time:matters has opened three new stations in Japan, Singapore and Thailand, bringing the total number of its locations in Asia to ten.time:matters customers now have access to a total of 84 weekly direct flights between its European hubs in Frankfurt, Munich and Vienna, as well as ...
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Agility profits up despite tough airfreight market
Logistics and infrastructure firm Agility saw net profits increase by 8.1% year on year in the second quarter despite its airfreight business coming under pressure.The company reported a second-quarter revenue increase of 3.2% year on year to KD396.3m, while earnings before interest, tax, depreciation and amortisation (ebitda) improved by 31.2% ...
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US delays China tariff increases for certain products
The ongoing tariff trade war between China and the US took an unexpected twist last night when the US announced a delay to increases on some products.The US Trade Representative (USTR) office last night announced that it it would not implement a 10% tariff on products include mobile phones, laptops, ...
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NewsPanalpina's new Frankfurt pharma centre gains GDP approval
Newly GDP-certified -Panalpina’s Healthcare Logistics Center Frankfurt-Main. Photo - Miriam De Giorgi, PanalpinaPanalpina’s newly opened Healthcare Logistics Center in Weiterstadt near Frankfurt/Main Airport has obtained Good Distribution Practice (GDP) certification.On August 6, the facility has successfully passed an audit by inspection, verification, testing and certification company SGS and is now ...