Sectors – Page 136
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News
TNT launches Tunis air link
TNT has launched a Boeing 737-400 freighter link to Tunis, the capital city of Tunisia, from its main European air hub in Liege, Belgium.The service will operate five times weekly via Marseilles, with flights arriving in Tunis every weekday before start of business and leaving the city in the evening.The ...
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Online shopping boost for Aramex as it eyes acquisitions
An online shopping boost for its international express and domestic express products saw Dubai-based Aramex’s second quarter net profits increase by 15% to AED92.6m.The logistics group, which has secured funds for potential takeover targets, saw its half year 2015 revenues increase year-on-year to AED1.9bn, up 7% compared to the corresponding ...
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TNT updates on FedEx deal as Q2 losses narrow
TNT Express has confirmed that it expects its acquisition by FedEx to be completed in the first half of next year as it reports a loss of €1m for the second quarter.The Amsterdam-based express operator recorded a second-quarter 6.2% year-on-year improvement in revenues to €1.8bn.Operating income jumped to €19m from ...
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UPS second quarter boosted by international supply chain
UPS saw improved operating profit and margin in the second quarter of 2015, led by the International and Supply Chain and Freight segments.Currency exchange rates and lower fuel surcharges reduced total reported revenue growth, which declined 1.2% from the same quarter last year to $14.1bn.The US-based global parcels and logistics ...
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DHL's quality centre in Singapore
DHL Express has a new facility in Singapore that will combine a range of global operations activities in the South Asian trade hub and will also host a global Quality Control Center."Quality is one of the main sources of differentiation in our highly competitive industry, and our Quality Control Centers ...
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FedEx confirms billion dollar freighter order
FedEx is to purchase 50 additional 767-300F aircraft from Boeing as it continues to modernise its aircraft fleet.In addition to the 50 confirmed orders, FedEx also has options to purchase a total of 50 767F aircraft.Said FedEx: "The 50 firm-order aircraft will be delivered from fiscal 2018 through fiscal 2023. ...
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CSafe opens new Basel service centre
Cool chain equipment specialist CSafe Global has opened a new full service centre serving the Basel, Switzerland area in partnership with ULD handler and repair service provider Airplane Equipment Services (AES).The service centre is a new location for AES, which also supports CSafe in Frankfurt and Cologne.CSafe provides a range ...
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Hactl passes GDP audit
Hong Kong Air Cargo Terminals Limited (Hactl) has passed its World Health Organisation (WHO) Good Distribution Practices (GDP) annual surveillance audit.The audit is required in order to maintain GDP accreditation. Hong Kong’s largest cargo handler achieved GDP accreditation – covering the provision of handling, logistics and storage services for pharmaceuticals ...
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UPS expands express freight service
UPS is adding eight origin and five destination countries to its Worldwide Express Freight service, designed for urgent, time-sensitive and high-value international heavyweight shipments.The expansion adds five countries in Latin America and three in Europe.UPS now offers the guaranteed service – targeting product launches, inventory shortages or equipment failure replacement ...
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Frankfurt perishables centre celebrates 20 years
Perishable Center Frankfurt (PCF) has celebrated its 20th anniversary.PCF operates temperature-controlled logistics at the German hub, with direct access to the airport apron.Joachim von Winning, managing director of Air Cargo Community Frankfurt, said: "For airfreight at Frankfurt Airport, PCF is a very important factor, from which the hypermarkets, supermarkets and ...
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FedEx freighter deal 'on the agenda' - Bloomberg
FedEx senior management met at the weekend to discuss a $5bn order for at least 25 Boeing 767 freighters, according to the Bloomberg news agency.Citing “two people familiar with the matter”, Bloomberg said that the US parcel giant’s directors met in the Seattle area over the weekend, where the deal ...
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IAG Cargo eyes Dreamliner bellyhold from October
IAG Cargo will begin freight services on the new Boeing 787-9 Dreamliner from October, with cargo bellyhold capacity of seven pallets and 16 tonnes of lift.The next-generation aircraft will launch five times weekly on the London Heathrow-Delhi route on October 25.Replacing a Boeing 747 on the Delhi service, customers using ...
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Swiss join the drone club
Swiss Post and Swiss WorldCargo have launched a project to test the commercial possibilities of logistics drone in partnership with California-based manufacturer, Matternet.They will carry out drone tests in July 2015, but admit that “the widespread use of drones is not expected within the next five years.”Before then, issues including ...
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FedEx-TNT deal edges forward
FedEx’s potential $4.8bn takeover of TNT has edged further forward as the US express giant has filed regulatory paperwork to the European Commission.Over the weekend, the New York Stock Exchange-listed logistics company confirmed it had submitted the required filing to the EC to obtain regulatory clearance in connection with the ...
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AA Cargo opens Philly pharma facility
American Airlines Cargo has officially opened its ExpediteTC cold storage pharmaceutical facility in Philadelphia, serving the US northeast pharma corridor.The carrier says that it is the only airline in the northeastern US with a “state-of-the-art facility that can handle temperature-sensitive, life science and healthcare cargo”.The facility and its specially trained ...
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UPS to add Dutch pharma hub
UPS is to build a new healthcare distribution centre in Roermond, the Netherlands, to accommodate growing pharma demand.The announcement comes a month after the US logistics giant opened a healthcare-dedicated airfreight forwarding facility at Amsterdam's Schiphol airport.The 28,000 sq m facility at Roermond, located close to UPS’s European air hub ...
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FedEx updates on freighter retirements and TNT acquisition
FedEx has provided more details on its decision to retire freighters early, while also providing an update on its proposed takeover of TNT Express and saying that it will continue on the acquisition trail.Speaking shortly after the announcement of its fiscal year fourth quarter results, the US express giant said ...
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Freighter retirements hit FedEx Express Q4
FedEx’s express division recorded a double-digit decline in operating profits in the 2015 fiscal year fourth quarter as a result of the retirement of freighters.The US firm’s express arm saw fourth quarter revenues decline by 4% against last year to $6.7bn, while operating income slid by 40% on last year ...
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SDV implements CEIV Pharma in major hubs
Freight forwarder SDV is implementing the IATA Center of Excellence for Independent Validators Pharmaceutical Logistics programme (CEIV Pharma) certification in 16 major airports across Europe, Asia, North America and South Africa.The Bolloré Logistics subsidiary said that it will be the first company in the international transport and logistics industry to ...
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Get smart: DHL on pharma's supply chains
Global demand for life sciences will fuel a 60% growth in temperature controlled logistics to $13.4bn by 2020, according to new research by DHL Global Forwarding.The logistics giant also warned of the need for “smarter cold chains”, with global spending on healthcare set to reach $1.3tn by 2018.The research highlights ...