Supply chains – Page 53
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News
AirBridgeCargo diverts flights as Frankfurt handling comes under pressure
AirBridgeCargo (ABC) has diverted freighters away from Frankfurt Main because of capacity issues at handler Frankfurt Cargo Services (FCS), according to Air Cargo News sister title DVZ.ABC re-routed four freighters on Sunday; one machine each went to Munich and Liège and two freighters flew to Paris Charles de Gaulle.FCS has ...
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Ethiopian Airlines is ‘cash-positive’ as shift to cargo pays off
Ethiopian Airlines’ decision to temporarily convert 25 passenger aircraft for cargo operations has helped it to become “cash positive” during the Covid-19 crisis, according to the African carrier’s chief executive Tewolde Gebremariam.Speaking during a CAPA Live event on 10 February, Gebremariam noted that combined with Ethiopian’s uniquely strong financial performance ...
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NewsSpeedlink to offer cargo sniffer dog service at Belfast International
Dogs capable of detecting minute traces of explosives concealed in airfreight will be deployed at Belfast International Airport from tomorrow.The Free Running Explosive Detection Dogs (FREDDs) service will be offered by logistics firm SpeedLink.The company said that each and every one of the dogs involved have undergone extensive training to ...
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Shipping line CMA CGM to launch A330F air cargo operation
France-based container shipping line CMA CGM is set to enter the air cargo market with a fleet of four Airbus A330-200 freighters.The aircraft will be offered through the carrier's new CMA CGM Air Cargo division and answer "growing demand" for "agile solutions".CMA CGM, which also owns top 20 freight forwarder ...
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NewsAir New Zealand launches Guangzhou PAX-cargo flights
Unloading in Guangzhou. credit: Wang Bingyi from Guangzhou Baiyun AirportAir New Zealand has launched PAX-cargo flights between Christchurch and Guangzhou for the first time.The airline operated the first three return services to Guangzhou last week. Starting this week, the airline will operate two multi-stop services a week using its Boeing ...
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Long-term air cargo capacity outlook remains uncertain
While air cargo capacity is expected to remain constrained in the short term, opinion is divided on the supply-demand balance in the longer term.Speaking during Cargo Talks, an online event hosted by from Turkish Cargo, Wouter Dewulf, academic director, C-MAT, University of Amsterdam, said that it was likely that cargo ...
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SF Holding set for $2.3bn Kerry Logistics investment
Express firm SF Holding is set to buy a majority stake in Kerry Logistics as it looks to build its international supply chain presence.The proposed deal will see SF Holding take a 51.8% stake in Kerry Logistics, with the deal valued at around $2.3bn.News that a deal could take place ...
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News
Modal shift to air to continue as ocean shipping faces ongoing crunch
Current modal shift from ocean to air is expected to continue as chaos in the container shipping industry is expected to continue beyond the Chinese New Year.Seko Logistics chief growth officer Brian Bourke said that this year its seafreight team had been offering customers airfreight capacity as an alternative to ...
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BelugaXL set for transatlantic flying?
Airbus is to seek extended twin-engined operations (ETOPS) approval for the BelugaXL outsize transporter, in order to support commercial services involving overwater flights.Three BelugaXLs, based on the A330, have been built, the most recent introduced in October 2020. Another three will be manufactured, the last two of which will have ...
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SF Holding set to invest in Kerry Logistics?
China-based express firm SF Holding is considering investing $5bn in Kerry Logistics, according to Bloomberg.Unnamed sources told the newswire that the Shenzhen-listed firm will invest in a stake of around 20%.The news comes after shares in SF Holdings, which owns SF Express and SF Airlines, were suspended on Friday for ...
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Air cargo capacity expected to remain constrained
Air cargo capacity is expected to remain constrained for some time, resulting in forwarders increasingly relying on charter operations.In the latest Baltic Exchange airfreight rate newsletter, Bruce Chan, vice president of global logistics at investment bank Stifel, said that vaccination programmes were expected to lead to a pick-up in passenger ...
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NewsAir cargo heroes going not just the extra mile, but way beyond
Exceptional times call for exceptional measures. The past year has been a real challenge – and air cargo executives around the world have often asked us, the freight publications, to help express their gratitude to those who have kept the world moving.So nine airfreight titles have suspended competitive concerns today ...
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Air cargo vaccine supply chains yet to take off
Demand for air cargo services to carry Covid-19 vaccines has yet to reach the levels many expected.Last year, the industry had been bracing itself for a surge in Covid-19 vaccine demand once inoculation programmes had been launched.However, there has been a slow ramp up in demand so far, with road ...
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News
Air cargo charter demand picks up due to ocean freight issues
Charter broker Air Partner has reported a 50% increase in demand as a result of ocean freight supply chain issues.Over the last few months the container shipping sector has experienced major supply chain issues due to a box shortage in Asia, a surge in demand and port congestion.Air Partner chief ...
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NewsDubai launches Covid-19 vaccine logistics alliance
Dubai has launched a logistics alliance that aims to speed up distribution of Covid-19 vaccines around the world through the emirate.The Dubai Vaccines Logistics Alliance said it would combine Emirates SkyCargo's air network with DP World’s worldwide network of ports and logistics operations, along with the infrastructure of Dubai Airports ...
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NewsVirgin Atlantic Cargo hopes for faster lead times with Norwegian seafood flights
Virgin Atlantic Cargo - EvenesVirgin Atlantic Cargo is extending its cargo-only network to Harstad/Narvik Airport in Norway, hoping to offer faster lead times to the US than operations using the usual Oslo route.The first official flight of the twice-weekly flight will depart on Wednesday. The service will utilise B787-9 aircraft ...
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ANA taps into bellyhold cargo in Okinawa logistics hub revamp
The ANA Group will make use of bellyhold cargo of flights at Okinawa island’s Naha airport in its plans to revamp the island’s logistics hub into a new network model.The move, announced on 29 January, comes amid an ongoing suspension of international freighter flights to and from the island through ...
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Cathay Pacific cargo capacity to be hit by new Covid requirements
Cathay Pacific has warned that new Covid-19 requirements for pilots and crew will result in its cargo capacity being reduced by around a quarter.The Hong Kong-headquartered airline said that in February, the Hong Kong Special Administrative Region (SAR) government will implement a new 14-day hotel quarantine plus 7-day medical surveillance ...
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Hope Consortium adds more forwarders to Covid-19 vaccine distribution efforts
More freight forwarders have joined the Hope Consortium, a UAE-based public-private partnership, to support the distribution of Covid-19 vaccines across the globe.The latest partners are Bolloré Logistics, CEVA Logistics, DB Schenker, DHL, FedEx Express, MICCO Logistics, RSA Global and UPS.The collaboration of leading freight forwarders continues to "cement the credibility ...
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NewsHandler dnata expands cargo operations at Manchester Airport
Cargo handler dnata has opened a new £30m cargo complex at Manchester Airport in the UK to expand and consolidate operations at the facility.The new dnata City North on-airport complex measures 150,000 sq ft and will have an annual capacity of 150,000 tonnes."It is equipped with the latest technologies and ...