All Supply Chains Articles – Page 49
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NewsBusiness-class airline La Compagnie steps into air cargo
Source: WFSBusiness-class airline La Compagnie has appointed Worldwide Flight Services (WFS) as its cargo handler as it enters the air cargo market.The airline has awarded WFS a three-year contract to handle cargo onboard its Airbus A321LR services from Paris Orly to New York’s Newark International Airport, which will increase from ...
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News
‘Cargo could be as powerful as our passenger services’: AirAsia chief
Air cargo has been a “diamond in the rough” for AirAsia during the Covid-19 pandemic and is likely to retain a high importance to the business in the longer term, according to group chief executive Tony Fernandes.“What was a ‘nice to have’ has become something that could be as powerful ...
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NewsAir cargo gains from rising prices in ocean shipping
High ocean freight rates caused by service disruption is helping push forwarders and shippers to use airfreight.In its latest market summary, airline association IATA said that air cargo is benefitting from "exceptionally congested" container shipping supply chains.It pointed out that the cost-competitiveness of air cargo relative to that of container ...
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News
Etihad Cargo continues digital drive with CargoAi partnership
Etihad Cargo has continued to expand its online offering by placing its capacity on digital booking platform CargoAi.The Abu Dhabi-based cargo business said that forwarders that use CargoAi will be able to start checking prices, schedules and quotes, and booking space on its flights through the platform from the start ...
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News
Geodis strengthens pharma offering with Gandon Transports acquisition
Supply chain firm Geodis is set to expand its presence in the pharma market with the acquisition of temperature-controlled logistics business Gandon Transports.Geodis said Gandon Transports, which specialises in the transport of pharma products at controlled temperatures of 2°C to 8°C and 15°C to 25°C, has an extensive network of ...
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News
DP World to expand Africa and Europe presence with Imperial acquisition
Supply chain solutions provider DP World has revealed plans to acquire Imperial Logistics in an $890m deal.Dubai-headquartered DP World, which has 136 business units in 61 countries across six continents, said it is interested in acquiring Imperial and all of its businesses to expand its logistics footprint in Africa and ...
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News
Airfreight market set to get worse before it gets better for buyers
Buyers of airfreight capacity should expect the market to get worse before it gets better, according to Bruce Chan, vice president of global logistics at investment bank Stifel.Writing in the Baltic Exchange monthly market summary, Chan said that belly capacity is not expected to return until 2023 at the earliest.And ...
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InsightsLufthansa Cargo: Laying foundations for the future
Under new leadership of Dorothea von Boxberg, Lufthansa Cargo is future-proofing its business with sustainable solutions and an increased focus on digital.Dorothea von Boxberg became chief executive at Lufthansa Cargo in March and has been keeping busy ever since.During her first few months in the role, she has been focussing ...
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News
Aero Africa opens Morocco office
Air cargo logistics provider Aero Africa has opened a regional office in Casablanca, Morocco.The office will operate as a control tower and centralised service center in north Africa for the company's overseas partners and clients.The Casablanca-based team will focus on promoting Aero Africa’s digital airfreight portal, developing blocked space agreements ...
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Insights
Air cargo rates cool in June for summer slowdown
Air cargo rates settled down in June as the industry entered a seasonal slowdown in demand, but airlines and forwarders appear to be expecting a busy peak season. The latest figures from the Baltic Exchange Air Freight Index (BAI) show that average prices from Hong Kong to North America in ...
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News
Cathay Cargo to add more preighters ahead of peak season crunch
Cathay Pacific Cargo has revealed plans to remove the seats from two more of its aircraft as it predicts an industry-wide capacity shortfall for the peak season.The Hong Kong-headquartered carrier said that while its passenger network is slowly growing, it will offer around 30% of its normal capacity in the ...
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News
Qatar Cargo continues to roll out capacity on WebCargo
Qatar Airways Cargo has made available its capacity to more countries on online booking portal WebCargo.The airline said that from June 30 all countries in its Europe region - excluding Armenia, Bosnia and Herzegovina, Russia, Slovakia and Slovenia - would be able to use the online booking platform to book ...
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News
FedEx to add freighters and boost spending to meet demand
FedEx will boost spending over the coming year and add more freighter orders to meet growing e-commerce demand.Announcing its results full-year results for fiscal year ended May 31, the express giant said it expected to spend around $7.2bn in FY 2022 compared with around $5.9bn last year.Meanwhile, FedEx will exercise ...
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News
Soaring e-commerce and the need to support aviation
At the start of June, Logistics UK partnered with Aberdeen Standard Investment’s AIPUT (Airport Industrial Property Unit Trust) to present government with a call for action over the future of air freight, writes Logistics UK's Alex Veitch.In the proposals presented, 11 key recommendations were made to enable the UK to ...
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NewsCainiao adds Africa air cargo service to drive down delivery times
Cainiao Smart Logistics Network has launched its first air cargo route between Hong Kong and Africa as it looks to reduce transit times on the fast-growing trade.The company, which is e-commerce giant Aliababa's logistics arm, said the new flights will operate six times per week to Lagos in Nigeria.The service ...
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NewsEmirates expects gradual return of bellyhold capacity
Hiran Perera, Emirates SkyCargoWhat will be the size and shape of freighter fleets in a post-pandemic world and what can we expect in their composition?Air Cargo News spoke to Hiran Perera, senior vice president of cargo planning and freighters at Dubai-based Emirates, a major combination airline with 11 freighters and ...
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News
Austrian Airlines to end 'preighter' operation
Austrian Airlines has announced that it is ending its preighter operation after 15 months.The Lufthansa Group-owned airline's long-haul passenger aircraft have regularly operated as freighter-only aircraft between Asia and Europe since March last year.Two B777s (OE-LPA and OE-LPC) even had their seats removed to boost cargo capacity and acted as ...
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NewsCrane Worldwide adds China charter flights to combat supply chain disruption
Tim Zubradt, Crane WorldwideFreight forwarder Crane Worldwide Logistics will in July launch charter flights between China and the US to combat ongoing issues in ocean shipping and tight capacity in air cargo.The service will launch on July 2 using B747-400 freighter capacity between Shanghai and Rickenbacker International Airport, leaving on ...
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NewsHat-trick of new cargo airlines plan for take-off
Source: AliscargoThe past week has seen three new companies - in the UK, Italy and Vietnam - reveal plans to enter the all-cargo market as prices and availability of capacity make the market an attractive prospect.Last week, Italian firm Aliscargo was preparing for the arrival of its first aircraft - ...
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NewsDB Schenker and Volocopter exhibit heavy lift cargo drone
Left to right: Stefan Klocke, chairman of the board of Volocopter; Andreas Scheuer, German Federal Minister for Transport and Digital Infrastructure; Patric Hoffmann, head of News Business Models at DB Schenker; Christian Bauer, chief commercial officer of VolocopterDB Schenker and heavylift drone firm Volocopter have teamed up with the aim ...