Sectors – Page 122
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News
Seven more years for FedEx US postal contract
FedEx Express has extended its express air transportation contract with the United States Postal Service (USPS), which dates back to April 2013. The agreement is now extended to September 29, 2024.The modified contract is expected to generate around $1.5bn per year for FedEx Express, which will provide domestic US airport-to-airport ...
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Hactl gains CEIV certificate
Hong Kong Air Cargo Terminals Limited (Hactl) has become the first handler in the Territory to gain full IATA CEIV Pharma certification. It is the result of an initiative sponsored by the airport authority, in which all relevant industry players undergo validation for the standard.IATA CEIV Pharma represents a co-ordinated ...
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UPS hits out at plans to triple Alaska's jet fuel tax
UPS has hit out at proposals to triple the jet fuel tax in Alaska − home to the world’s fifth busiest cargo airport − a move that the integrator says could impact the state’s role in the cargo industry.In a letter to Alaska Transportation Committee Co-Chair Adam Wool, UPS vice ...
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DHL to inaugurate domestic Norwegian connection
Avinor, the national airport operator in Norway, has confirmed that DHL is to launch a new domestic freighter service linking Oslo Airport with Lakselv Airport Banak, a gateway in the far north of the country.The Airbus 300 freighter link will offer a cargo capacity of approximately 40 tons. Depending on ...
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Pemco lands YTO Express B737 trio conversion contract
Pemco World Air Services has won a contract from YTO Express (YTO) to convert three B737-300 passenger aircraft into freighters.China-based YTO, currently operating one B737-300 reconfigured by US-based conversion specialist Pemco, will take redelivery of the aircraft trio through the fourth quarter of 2017.This order is the first to be ...
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FedEx Express opens new Malpensa hub
FedEx Express has opened its new international gateway to southern Europe at Milan-Malpensa airport.The 35,000 sq m express logistics facility features advanced technology that will boost package sorting capacity by 25% compared with the existing setup.The new facility comes as the number of shipments sent via FedEx from Italy to ...
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FedEx launches FedEx Fulfillment offering
Third-party logistics services provider (3PL) FedEx Supply Chain, a subsidiary of FedEx Corp, has launched FedEx Fulfillment, an e-commerce solution for small and medium-sized enterprises (SMEs).FedEx said the system would allow SMEs to fulfil orders from channels such as websites and online marketplaces and manage inventory for their retail stores.The ...
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Cross-border e-commerce set to outpace domestic online orders
Cross-border e-commerce is predicted to grow at twice the rate of domestic online retail, with an estimated 25% compound annual growth rate (CAGR) until 2020 worth $900bn, according to a new survey.Ken Allen, chief executive of research sponsor DHL Express, said: “Going global and going premium is an opportunity for ...
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Dallas adds to cool chain capabilities
Dallas Fort Worth International (DFW) airport is adding to its cold chain storage facilities in response to the growth in pharma and perishables traffic.The Texan hub soon will begin installing equipment at the facility, which will be operated by AirLogistix USA.Expected to be operational this summer, the transfer facility will ...
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Mumbai airport joins the Pharma.Aero initiative
Mumbai International Airport (MIAL) has joined the Pharma.Aero initiative, becoming the first Indian airport to embark on a community approach for IATA’s Centre of Excellence for Independent Validators (CEIV) Pharma certification.Brussels Airport and MIAL announced their partnership in Pharma.Aero at the Pharma Logistics Summit in Mumbai, inking a Memorandum of ...
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K+N gains CEIV Pharma certification for specialist network
Global forwarder Kuehne+Nagel (K+N) has gained IATA's Center of Excellence for Independent Validators for pharmaceutical handling (CEIV Pharma) certification covering its entire KN PharmaChain GxP air network, currently including 86 locations on all continents.The IATA CEIV Pharma standard ensures the integrity of every pharmaceutical and healthcare product in the airfreight ...
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Pharma firms continue drive to seafreight
Pharma shippers are likely to continue to try to move away from a reliance on airfreight but will also look to outsource more of their supply chain operations.Speaking at the Temperature Controlled Logistics event in London, pharmaceutical company Teva’s senior director, logistics Europe, Val Petursson, said that he viewed using ...
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Peli Bio Thermal launches new re-useable large volume container
Passive air cargo container firm Peli Bio Thermal has launched Credo Cargo, a new re-usable passive product that allows entire pallets of temperature sensitive cargo to be loaded.Speaking on the side lines of the Temperature Controlled Logistics event, director of worldwide marketing Adam Tetz explained that the company already had ...
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Pharma first for Bolloré Logistics
Bolloré Logistics has become the first transport and logistics company in France to gain IATA's CEIV Pharma certification for its Paris Roissy CDG platform.The French logistics giant has already received similar certification for its sites in Brussels (Belgium), Frankfurt (Germany) and Lisbon (Portugal).Bolloré Logistics has IATA Pharma certification in progress ...
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FedEx's Fred Smith: Decision to quit TPP "unfortunate"
FedEx founder and chief executive Fred Smith has hit out at the US president’s decision to withdraw from the TPP trade deal saying being cut off from trade would be like “trying to breath without oxygen”.Speaking today on the Fox Business Network’s Maria Bartiromo programme, FedEx’s Fred Smith said the ...
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TPP of the iceberg as Trump withdraws US from trade pact
US president Donald Trump has signed an executive order to withdraw from the Trans-Pacific Partnership (TPP).The TPP includes 12 nations that account for around 40% of the world’s economic output and would have cut 18,000 tariffs between the countries to help boost trade.The 12 countries that signed up for the ...
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NewsHappy days for Cunningham at FedEx Express
David Cunningham's promotion as head of FedEx Express has been fast tracked from the original 2018 start date.Cunningham will succeed David Bronczek as president and chief executive of FedEx Express, a subsidiary of FedEx Corp and the world’s largest cargo airline.Bronczek has been promoted to the new role as president ...
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DHL and Gavi form vaccine delivery alliance
Deutsche Post DHL Group (DP-DHLG) is teaming up with Gavi, the Vaccine Alliance, in a global partnership to improve vaccine supply chains.Over the next three years, the Germany-based global logistics giant will provide Gavi-supported countries with efficient supply chain solutions to improve health care delivery.A joint statement by the two ...
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Cargolux passes GDP renewal audit
Cargolux Airlines has passed its Good Distribution Practice (GDP) renewal audit for handling pharma products to European Union regulatory requirements and of World Health Organization (WHO) guidelines.In addition, the GDP certification recognises the European all-cargo carrier’s fleet of Boeing 747 freighters with four independently-controlled temperature zones.The audit also extends to ...
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Details emerge about SF Express' plans for new Chinese cargo hub
Asia-based express giant SF Express has revealed more details about plans to set up a huge new air cargo airport in central China.The fast-growing company plans to build the airport in Ezhou City in the Hubei province of central China, according to Asia Times.The airport will be able to handle ...