Supply chains – Page 40
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Insights
Putzger perspective: Are yields too good for change?
Chief financial officers of cargo carriers could be excused for taking a sabbatical, safe in the knowledge that pricing will remain in the stratosphere for some time.The mix of low inventory levels, continuing volatility and the continuing congestion in maritime supply chains with tight capacity was spelling lofty rates already, ...
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Insights
Supply chain spotlight: Ukraine crisis adds to heavylift constraints
In his latest Air Cargo News column, Brandon Fried, executive director of the US Airforwarders Association, looks at how the Ukraine crisis will impact the air cargo industry.The Ukraine crisis continues to upend the lives of 44m citizens, bringing unspeakable horror as the rest of the free world looks on ...
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InsightsU-Freight predicts “erratic pricing” ahead for airfreight
U-Freight America’s Rick Keller tells Roger Hailey that block space agreements are out and spot rates are resulting in instability for air cargo costs, but there are still opportunities for savvy forwarders.It has been a difficult two years for supply chain partnerships in the air cargo business. Bellyhold capacity plunged, ...
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NewsMajor new logistics park to support Kansas City International Airport
Photo: Hunt MidwestPlans have been unveiled to build the largest logistics park in the State of Missouri to support the air cargo business at Kansas City International (KCI) Airport.Kansas City-based real estate development company Hunt Midwest recently closed on the acquisition of over 1,300 acres located adjacent to KCI.The property ...
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News
Geodis strengthens logistics presence in Asia with acquisition
Logistics company Geodis has signed a binding agreement to acquire Keppel Logistics to boost its contract logistics presence and e-commerce fulfillment services in Singapore and Southeast Asia.Based in Singapore, Keppel Logistics is a contract logistics specialist with close to 500 employees. Active throughout Southeast Asia, Keppel Logistics owns over 200,000m2 ...
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NewsChallenge Group reveals ambitious freighter fleet growth plans
The Challenge Group, which includes two freighter airlines, cargo handling and logistics businesses, is aiming to triple the size of its fleet over the next five years as it builds on a busy start to the decade.Challenge Group chief executive Yossi Shoukroun tells Air Cargo News that much has changed ...
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NewsZeitfracht’s German Airways moves into marine logistics with drones
Photo: Zeitfracht GroupZeitfracht Group and its subsidiary German Airways have now agreed to purchase 17 Wingcopter 198 transport drones for use in offshore wind farm transport.The deal, which sees Zeitfracht Group and German Airways amongst the first companies in the world to use drones commercially in logistics, comes with options ...
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NewsFedEx teams up with Elroy Air on US drone network
Source: FedExFedEx Express has partnered with drone firm Elroy Air to develop the first end-to-end autonomous vertical take-off and landing (VTOL) aerial cargo system.The tie up will see FedEx Express test Elroy Air’s Chaparral autonomous air cargo system within the company’s middle-mile logistics operations in the US, moving shipments between ...
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NewsCharterSync lands 250th Covid flight out of China
Photo: CharterSyncCharterSync has landed its 250th flight out of China carrying vital Covid-19 medical supplies including test kits and syringes.Between November 2021 and March 2022, the air cargo charter business facilitated the arrival of 57 flights of Covid-19 syringes and test kits into the UK, with an additional 193 flights ...
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NewsLogistics firms predict Shanghai lockdown airfreight disruption
Global logistics firms are anticipating disruption, delays and price increases for air cargo supply chains in Shanghai following the start of a nine-day Covid lockdown in the city.Shanghai started a two-phase lockdown on March 28. From this date until April 1, the city’s east side, including Pudong, will be locked ...
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News
Cathay Pacific freighters to return to Europe in April
Cathay Pacific Cargo will restart freighter flights to Europe after an absence from the trade lane of more than three months.The carrier will add a twice-per-week B747 freighter flight from Hong Kong to Frankfurt - operating on Wednesdays and Saturdays - starting on April 13.From Frankfurt the airline will offer ...
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News
CargoLogic Germany suspended from EU airspace and CargoLogicAir fleet inactive
CargoLogic Germany has been told it is no longer permitted to fly in European Union airspace while sister company CargoLogicAir has not conducted a flight for almost two weeks.Flight tracking websites show that UK-registered CargoLogicAir’s two B747-400Fs are currently parked at Los Angeles International and Frankfurt Hahn having conducted their ...
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News
US Airforwarders back ocean shipping reform bill
The US Airforwarders Association (AfA) is backing the proposed Ocean Shipping Reform Act of 2022 that it claims will address ongoing port disruption.The association has signed a stakeholder letter that backs the implementation of the reform act as many of its members are full-service freight forwarders offering a variety of ...
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NewsDimerco launches China-Mexico air-road service
Source: DimercoFreight forwarder Dimerco is offering a new China to Mexico bonded air-road service via the US as it looks to meet a lack of direct freight flights on the route.The new Air+Road service utilises airfreight from China to either Los Angeles or Dallas and then cross-border trucking to transport ...
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News
dnata invests in cargo despite volatility
Cargo handler dnata is looking to invest and expand despite ongoing market volatility, with a focus on innovation, infrastructure, sustainability and people.At an event to highlight recent developments at dnata, chief executive Steve Allen said that the overall handling market had faced a tough couple of years but added that ...
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News
VDG confirms suspension of AirBridgeCargo and Atran operations
The Volga-Dnepr Group (VDG) has confirmed that it has taken the decision to temporarily suspend operations at its AirBridgeCargo and Atran Airlines subsidiaries.VDG said that it had taken the decision in response to sanctions affecting lessors and the decision of Bermuda Civil Aviation Authority (BCCA) to suspended all airworthiness certificates ...
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News
Shenzhen-Hong Kong freighter added as overland restrictions hit supply chains
The southern Chinese city of Shenzhen has launched a freighter service to Hong Kong to meet a lack of trucking capacity as a result of Covid-19 outbreaks.According to the Xinhua news agency, the service will operate six times per week utilising a B767 freighter operated by SF Airlines.The first flight ...
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NewsCargo iQ makes air cargo shipment monitoring easier
Source: Cargo iQCargo iQ has made key updates to its Quality Management System (QMS), adding a Visibility Maps function and new milestones to its Route Map Planning.The cross-stakeholder organisation and IATA interest group said that Route Maps, which enable the journey of an air cargo shipment to be planned and ...
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News
NCA freighters take the long route to return to Europe
Nippon Cargo Airlines has restarted operations to Europe taking a longer route via North America.The Japanese carrier, which operates eight B747-8Fs, stopped its European operations earlier this month due to airspace restrictions caused by Russia's invasion of Ukraine.However, flight tracking website FlightRadar 24 shows that over the last few days ...
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NewsLufthansa Cargo launches intra-European freighter flights
Lufthansa Cargo A321F. Source: Lufthansa CargoLufthansa Cargo has launched its new short- and medium-haul European freighter network with an A321F flight from Frankfurt to Dublin.The network will initially utilise a single A321 freighter - named Hello Europe - flown by Lufthansa Group airline CityLine. In August, a second A321 freighter ...