Supply chains – Page 24
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News
DSV and Saudi Arabia's NEOM establish $10bn logistics joint venture
DSV and Saudi Arabia's 'NEOM' special economic zone have announced a $10bn logistics joint venture (JV) to support the development of NEOM projects.The JV will focus on providing ground, sea and air logistics services for NEOM in the coming years.Under the agreement, the joint venture will provide end-to-end supply chain ...
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NewsIAG Cargo adds winter capacity
IAG Cargo shipments loading on aircraft Photo IAG Cargo via Hill+Knowlton StrategiesIAG Cargo will benefit from increased capacity on bellyhold flights this winter with the addition of extra frequencies and new routes for the season, from the end of October to March 2024.The cargo division of International Airlines Group (IAG) ...
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NewsAirbus advances A350 freighter production
Airbus is making headway with the production of its A350 freighter.The airframer has announced the arrival of the first components from its manufacturing plants in Stade, Bremen, and Varel.Airbus Aerostructures and Premium Aerotec (PAI) teams have met for the so-called "first metal cuts", said Airbus.Melanie Markgraf, ASA A350F project manager, ...
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News
Forwarders warns of delays as Israel air cargo disruption continues
The ongoing Israel-Hamas conflict continues to affect airfreight and express shipments to Israel and the surrounding region, with many carriers and forwarders advising that services are subject to cancellation and delay.Many airlines have suspended direct flights to and from Israel, UK forwarder Woodland International warned on its website on 10 ...
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NewsK+N opens air logistics hub in Paris
Photo: Kuehne+NagelKuehne+Nagel (K+N) France has inaugurated a new air logistics hub within Cargo City at Paris Charles de Gaulle Airport.K+N said the new facility increases its global airfreight capacities and strengthens its healthcare logistics solutions in the region.The hub has capacity to handle 300 airfreight pallets a week. Its processing ...
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NewsCH Robinson reports a stabilising air cargo market
Matt Castle. Source: CH RobinsonThe air cargo market has settled back into normal seasonal patterns as the peak season arrives, according to CH Robinson's vice president of global forwarding Matt Castle.Speaking to Air Cargo News, Castle provided an update on the current air cargo market as industry data continues to ...
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NewsAir Charter Service expands in China
Photo: Air Charter ServiceAircraft charter broker Air Charter Service (ACS) has strengthened its effort to focus on Shanghai and its surrounding provinces, including those of Zhejiang and Jiangsu, by moving its office in the city to larger premises.Earlier this month, ACS said it had restructured its operations across Asia Pacific, ...
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NewsK+N and SATS collaborate on efficiency and sustainability initiatives
Yngve Ruud (left) with Kerry Mok. Photo: SATSKuehne+Nagel (K+N) and SATS have signed a Memorandum of Understanding (MoU) to enter into a strategic collaboration to drive value chain improvements and sustainability efforts within the air logistics industry.Together, the two companies have initially collaborated on several Proofs of Concept to optimise ...
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News
Qantas Freight back in business in Brisbane but other backlogs remain
Qantas Freight has cleared a backlog of cargo at its Brisbane facility but said snarl-ups in Sydney and Melbourne remain.The company said that operations at its Brisbane facility were "back to business as usual" after an IT blackout on September 24 caused backlogs at its Australian facilities.While the logjam at ...
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NewsAre recent air cargo improvements the start of a full market recovery?
There is no doubt that the air cargo industry has seen some improvement over the last few weeks but there is debate over whether this represents the start of a full recovery for the market.The latest rate figures indicate a tightening of supply and demand with last week's numbers from ...
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NewsBolloré Logistics USA expands supply chain in California
Bollore distribution centre in Ontario. Photo: Bolloré LogisticsBolloré Logistics USA has opened a new distribution centre in Ontario, California that will support the company's growth goals in the luxury and beauty industries.The 111,000 sq ft site is located near California's Ontario International Airport and is 50 miles away from the ...
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News
Cargo carriers warn of disruption on Israel operations
Israel's Civil Aviation Authority (CAA) has said international flights continue to operate to and from Israel following attacks on the country by Hamas over the weekend.The CAA said that currently "the Israeli airlines are operating as usual". The organisation added that currently "there are still international flights to and from ...
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News
Modern Logistics takes delivery of first 737-800BCF
Brazilian integrated logistics company Modern Logistics has taken delivery of its first 737-800 Boeing Converted Freighter (BCF).The 737-800BCF, leased through Babcock & Brown Aircraft Management (BBAM), is the first of two freighters to be added to Modern Logistics' fleet over the next few months.São Paulo-based Modern Logistics said the acquisition ...
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News
Qantas Freight faces two weeks of backlogs after IT system blackout
Qantas Freight is facing a backlog of cargo that is expected to take as long as two weeks to clear after a system blackout in September.The Australia-headquartered airline said that the blackout occurred on September 24 but it was still facing disruption at its stations in Brisbane, Sydney and Melbourne.The ...
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NewsAir cargo improvements push shippers to longer term deals
The air cargo market continued to find its way out of the doldrums in September, resulting in an increase in longer term deals.The latest figures from Xeneta show that air cargo volumes in September were flat on a year ago and spot rates were down by 34% - the lowest ...
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NewsCMA CGM Air Cargo and AFKLMP partnership extends global reach with Cairo
Photo: CMA CGM Air CargoCMA CGM Air Cargo is growing its network with the addition of a scheduled route between Paris and Cairo, launched as part of its capacity partnership with Air France KLM Martinair Cargo (AFKLMP).The cargo airline will serve Cairo with one weekly flight from October 3 using ...
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News
Heathrow cargo tunnel closure set to cause delays
There are warnings of potential delays to cargo at Heathrow after a safety issue resulted in the temporary closure of a tunnel linking the cargo terminal area (CTA) with terminal four (T4).In an operational advice notice, the airport said that the tunnel was closed due to a "life safety issue" ...
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NewsMaersk opens Los Angeles air cargo gateway
Photo: MaerskMaersk has inaugurated a new 130,000 sq ft airfreight import/export gateway near Los Angeles International Airport (LAX) as part of its North American airfreight capacity expansion programme.Maersk, which launched Maersk Air Cargo in April last year, said the LAX gateway allows for "more supply chain integration opportunities" and "better ...
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NewsSilk Way West takes delivery of first 777 freighter
Silk Way West Airlines' first Boeing 777F. Photo: BoeingSilk Way West Airlines has taken delivery of its first Boeing 777 freighter as part of its plan to modernise its fleet and increase its capacity.The freighter is the first of an order for five production 777Fs made by the cargo airline ...
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NewsUPS swoops on time-critical logistics firm MNX
Source: UPSExpress giant UPS has today announced a deal to acquire time-critical logistics firm MNX Global Logistics as it looks to ramp up its healthcare capabilities.Long Beach-headquartered MNX provides services covering next flight out (NFO), air charter, on-demand courier, managed transportation, service parts logistics (SPL) and specialty freight.Its clients include ...