Region – Page 248
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News
WFS completes Frankfurt cargo handler deal
Worldwide Flight Services (WFS) has completed its acquisition of a 51% shareholding in Fraport Cargo Services (FCS) for airfreight handling at Frankfurt Airport, the 2014 number one European airfreight hub at 2.2m tonnes.Air cargo handler WFS, with annual revenues of €750m, signed an agreement with FCS parent Fraport in July ...
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Geodis completes OHL takeover
French global forwarder Geodis has received regulatory approval to complete its acquisition of US-based OHL (Ozburn-Hessey Logistics) based in Nashville, Tennessee.Terms of the deal, announced in August, were not disclosed, but OHL is one of the leading third party logistics (3PL) companies in the US, with annual revenue in excess ...
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Heathrow's £180m blueprint for cargo growth
UK exporters are set to benefit from the doubling of cargo volumes at Heathrow as part of a 15 year vision to invest around £180m in “revolutionising” the UK hub’s airfreight facilities, including a new pharma storage area.The blueprint plans were developed with key stakeholders and announced by Heathrow chief ...
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Welcome to our new-look website
Air Cargo News has a new-look website that adds sharper design and extra search engine functionality to the online presence of the world's best read airfreight publication.The cleaner layout provides an instant overview of the breaking news in a busy, global airfreight industry, as well as the ability to drill ...
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Emirates dons special livery to help endangered species
Two Emirates A380 jets take to the skies this week, wearing special livery in support of United for Wildlife, a global collaboration that unites the efforts of the world’s leading wildlife charities in the fight against the illegal wildlife trade.The livery, featuring some of the planet’s wildlife threatened by poaching ...
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European forwarders upbeat on airfreight volumes
Danske Bank’s monthly European Freight Forwarding Index for October indicates higher volumes compared with two months ago.The current airfreight index of 54 – a measure of European freight forwarder market sentiment – is set against expectations of 57 for November, thus suggesting higher volumes in two months.The index by the ...
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DHL writes off €345m as it abandons troubled IT project
Deutsche Post DHL has lowered its operating profit guidance for the year after deciding to abandon the implementation of its troubled freight forwarding IT platform in favour of a different system.The German express and logistics giant said it would write off €345m and lower its 2015 earnings before interest and ...
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Demand picks up pace for Asian airlines in September
Asian airlines saw air cargo volumes begin to pick up in September ahead of the peak season, but continued to report declining airfreight load factors.The latest monthly figures from the region’s leading airlines show that five of the seven carriers that provide monthly figures saw utilisation levels decrease compared with ...
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Cargolux responds to pilots union call for a strike ballot
European all-freighter airline Cargolux has given a detailed response to the call for an industrial action ballot by flight crew employees who are members of the LCGB pilots union.In a statement, Luxembourg-based Cargolux said that negotiations are still ongoing with the LCGB and a second pilots union, OGBL. Airline management ...
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Back to the 70s for Qantas fund raising
Australians have helped Qantas raise more than $114,000 for the Western Queensland Drought Appeal, funding the coordination and distribution of much needed drought relief across the Longreach region.Qantas operated a one-off charity flight from Sydney to the Qantas Founders Museum in Longreach, using its ‘Retro Roo’ aircraft in 70s livery. ...
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Online meeting tool for TIACA's Air Cargo Forum in Paris
TIACA is launching a dedicated on-line one-to-one meeting tool called CargoLinX for its Air Cargo Forum (ACF) and Exhibition, which takes place from 26-28 October 2016 in Paris, France.The speed networking tool will allow visitors to schedule up to thirty 25-minute meetings with 45 leading global air cargo companies, weeks ...
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Strike ballot by Cargolux pilots' union
The LCGB pilots union is to hold a ballot for industrial action among its Cargolux membership.A statement by the union said: “Given the lack of any meaningful progress in the Cargolux labour negotiations for over a year, the LGCB has no choice but to contemplate industrial action. “A ballot will ...
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IAG Cargo: challenging third quarter
IAG Cargo saw a decline in both yields and airfreight volumes during the 2015 third quarter due to a “challenging” market.The cargo arm of British Airways and Iberia of Spain today reported commercial revenue of €238m for the period July to September versus €236m for the same period 2014. Reported ...
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Air France-KLM Cargo reports another operating loss
Air France-KLM saw operating profits at its cargo division remain in the red during the third quarter of the year but said it hopes its freighters business will be breakeven in 2017.The Franco-Dutch airline group recorded a third-quarter operating loss of €81m, an improvement on the €102m loss it recorded ...
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C2K members agree new quality standards
CARGO 2000 (C2K) members have agreed new quality standards for the air cargo industry.More than 60 technical and operational managers took part in a meeting of C2K’s Technical Working Group this week as part of a drive to implement new quality standards for the air cargo industry.C2K is an IATA ...
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ACP Worldwide appointed as Air China GSA in South Africa
Air China has chosen ACP Worldwide as its South African cargo GSA and it will sell capacity on the airline’s first ever non-stop, direct flight between China and Africa.The first inbound flight of the new service, which will operate between Johannesburg’s OR Tambo International Airport and Beijing three times a ...
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Emirates hopes new Bologna service will improve city's supply chains
Emirates SkyCargo will expand its Italian cargo network when it launches daily non-stop flights to Bologna from Dubai that it hopes will help improve the supply chains of local exporters.The daily service, to begin operation on November 3, will be operated by a Boeing 777-300ER, offering 23 tonnes of belly-hold ...
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Cargo growth at Dubai International eases in September
Dubai Airports said cargo demand at Dubai International had been “ fairly robust” over the first nine months of the year, despite growth easing in September from the levels recorded earlier in the year.Dubai’s northern airport saw September cargo demand increase by a “marginal” 0.3% compared with last year to ...
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DSV's airfreight volume growth outpaces market in Q3
Danish freight forwarder DSV continued to report above market airfreight volume growth during the third quarter and said it expects to gain approval of its takeover of UTi early next year.During the third quarter of the year, DSV’s airfreight volumes increased by 9.6% compared with the same period in 2014 ...
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Kerry Logistics appoints Blank in Europe
Kerry Logistics has appointed Thomas Blank as its new managing director of Europe with effect immediately.Blank has over 35 years of experience in logistics and international and domestic freight forwarding, having previously served as managing director of Southeast Asia for Panalpina, senior vice president at UTI, managing director at Geodis ...