Region – Page 142
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News
European airports see cargo traffic growth slow in H1
European airports saw traffic growth continue to slow during June, pulling down overall performance during the first half of 2018.Figures from Airports Council International (ACI) Europe show that cargo traffic at European airports increased by 1.6% year on year in June, while over the first six months of the year ...
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Rhenus to buy pharma specialist Avant Air and Sea in Ireland
Germany’s Rhenus Group has expanded its logistics presence in Ireland with the planned acquisition of temperature-controlled and pharmaceutical specialist Avant Air and Sea, subject to regulatory approval.Avant Air and Sea, headquartered in Dublin, also manages hazardous consignments and has been providing sea- and airfreight services and cross-border services for imports ...
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Hola Taric: WiseTech Global acquires Spanish IT firm
Logistics solutions group WiseTech Global has continued its expansion strategy with the acquisition of Taric, a customs management solutions provider headquartered in Madrid, Spain.Taric offers a range of customs management solutions, including regulatory and tariff services, consultancy, training, process control and documentation management solutions to carriers, customs brokers and logistics ...
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Volga-Dnepr links up with Henan for trans-Siberian air bridge initiative
Russia's Volga-Dnepr Group has linked up with China's Henan Airport Group and Zhongyuan Asset Management to create a “trans-Siberian air bridge” as part of China’s ‘One Belt, One Road’ initiative.The three parties have signed a framework agreement on long-term strategic co-operation.Aleksey Isaikin, president of Volga-Dnepr Group, spoke of a tri-partite ...
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Waste not want not, DHL transports 140 ton heat boilers to Saudi
DHL Global Forwarding is transporting four 140-ton waste heat boilers from Germany to Saudi Arabia, using the Antonov An-225 freighter.DHL Industrial Projects, a unit within DHL Global Forwarding, is handling the multimodal movement of the four boilers, each measuring 3.7 m high, 4.1 m wide and 19 m long. According ...
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Capacity bottlenecks contribute to half-year dip in Frankfurt cargo volumes
Frankfurt airport's cargo volumes dipped 0.4% in the first half of 2018, hindered by "temporary capacity bottlenecks" in cargo handling, a decline in Far East-bound traffic and reduced German industrial output.Reporting its interim six months financial results, airport operator Fraport said that Germany's number one cargo hub handled 1,075,247 tonnes ...
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Mixed outlook for airports but May's cargo volumes pick up speed
Global airfreight volumes “picked up speed” in May, registering a 5.1% year-on-year increase despite comparison with a high octane month in 2017.The latest monthly statistics from Airports Council International (ACI) World warned that the outlook for global airfreight is “currently mixed”, with trade tensions and inflation up in May, but ...
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Agility airfreight's strong performance in Q2
A strong performance in airfreight helped Kuwait-based global logistics group Agility report second-quarter net profit of KD20m ($66m), an increase of 18.7% over the same period in 2017.Agility EBITDA grew 13.6% to KD37.1m, while revenue increased 12.3% to KD384.2m.First-half earnings of net profit of KD38.9 m were up 24%. First-half ...
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E-commerce and freight forwarding boost for DP DHL's second quarter
Deutsche Post DHL Group's (DP DHLG) revenue rose by 1.4% to more than €15bn in the second quarter of 2018, driven primarily by “significant gains” at DHL Express and Global Forwarding, Freight.The quarter's operating profit (EBIT) at the German logistics giant amounted to €747m, down by 11.2% against the record ...
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News
DHL and United Nations step up disaster response training
Deutsche Post DHL (DP DHL) and the United Nations Development Programme (UNDP) are stepping up their training programme for disaster preparedness training for Indian airports.The two organisations are expanding Get Airports Ready for Disaster (GARD) programme with officials and experts from the Airports Authority of India (AAI).This programme will include ...
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Brexit: Keep the planes flying and the trucks rolling, says FTA
UK Logistics professionals have warned the government’s Brexit negotiators to prioritise the negotiation of aviation and road access agreements with the European Union (EU) as the clock keeps ticking on Britain's departure from the EU.The FTA membership association, representing more than 17,000 UK logistics businesses, issued its supply chain warning, ...
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City Union Logistics moves transformers with nine charters
City Union Logistics has transported transformers weighing 900 tons in nine freighter charters for General Electric from Changzhou, China, to Cairo in Egypt.The XLProjects member chartered four Antonov AN-124 flights and five with a Boeing 747F to move the 2,000 cu m load.Said a spokesperson for XLProjects: "The project’s main ...
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NewsABC Jumbo gives his giraffe friends a lift to China
AirBridgeCargo Airlines (ABC) flew 66 baby giraffes on a charter flight from South Africa to China, via the Russian cargo carrier's Moscow Sheremetyevo hub.The 'tower' of giraffes, collectively weighing around 38 tonnes, travelled on an ABC Boeing 747 freighter (pictured below) at the end of July from South Africa’s O.R. ...
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Hactl's Wilson Kwong: Recognising the power of people
The people side of the air cargo industry is one that is often overlooked, but the subject is growing in importance as reports suggest that the sector could be facing a shortage of workers.One company that says it has always taken employee engagement seriously is Hong Kong Air Cargo Terminals ...
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News
MAB Kargo flies 1,500 sheep ahead of Eid Aidil Adha festival
MAB Kargo today completed a charter flight carrying 1,500 sheep across the Java Sea from Surabaya to Kuala Lumpur.Flight MH6435 departed Surabaya’s Juanda International Airport at 17:05 with 50 tonnes of livestock and landed at the Kuala Lumpur International Airport at 20:45.This is the first ever charter that MABkargo has ...
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UK Customs crunch warning as new system faces significant Brexit challenges
The UK National Audit Office (NAO) has warned that "significant challenges" remain in the implementation of a new Customs Declaration System (CDS) which is due to go fully live in January 2019.In a progress update report on the implementation the NAO also acknowledges that HM Revenue & Customs (HMRC) has ...
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DSV air cargo volumes up 12% in Q2
Denmark-based logistics operator DSV recorded an 11% increase in airfreight volumes to 336,300 tonnes during the first half of 2018, driven mainly by a "strong performance" in EMEA and Americas exports.The rise in DSV's half year air cargo throughput outpaced an overall market benchmark of 5% growth in the same ...
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News
YTO plans Jiaxing aviation logistics hub
YTO Express has signed an agreement to develop an aviation logistics hub in Jiaxing in the Yangtze River Delta area as it looks to capitalise on e-commerce growth.The agreement, which was signed with Jiaxing city, will see the development of a new 600,000 sq m hub at the city's airport ...
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NewsLufthansa Cargo sees revenues and profits rise in Q2
Higher pricing in the airfreight market helped propel profits at Lufthansa’s cargo business during the second quarter of the year.The German airline’s logistics division, which includes Lufthansa Cargo as well as Jettainer, time:matters and its equity investment in AeroLogic, saw total second-quarter revenues increase by 12.1% year on year to ...
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NewsEast-West airfreight rates fell 3% in May, says Drewry
Airfreight rates fell 3% between May and June 2018, with Drewry’s East-West Airfreight Price Index dropping to $2.63 per kg.However, said Drewry, the rate remains some 7% higher than June last year, adding: "The ramifications of the trade war between the US and China, as well as tariffs on the ...