All Top Story Articles – Page 142
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News
GEFCO to be re-branded as CEVA following takeover
Automotive logistics firm Gefco will be re-branded as CEVA Logistics and become part of a newly created Finished Vehicles Logistics (FVL) division at the forwarder.The integration of Gefco into the wider CEVA organisation follows the purchase of the automotive logistics firm in July 2022 by the CMA CGM Group, which ...
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News
Ethiopian the latest to increase China flights
Ethiopian Airlines has become the latest carrier to add bellyhold capacity to the China market following the easing of Covid restrictions.The carrier said that the frequency of flights will increase starting on February 6 and return to pre-Covid levels on March 1.Starting on February 6, Ethiopian Airlines will operate daily ...
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NewsFreightos and IAG Cargo drive digitalisation
IAG Cargo and Freightos are stepping into 2023 with an ongoing digitalisation partnership that has seen customer accessibility and useability go from strength to strength.In June 2019, cargo booking platform WebCargo by Freightos became the first live user of IAG Cargo’s digital APIs (Application Programming Interfaces).The partnership provides freight forwarder ...
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News
Shanghai Pilot Free Trade Zone to launch cargo tracking service
Shanghai Pilot Free Trade Zone will begin to track air cargo shipments to help automate processes and improve cargo visibility.The free trade zone partnered with software firms Champ Cargosystems and Sita after it was mandated by the Shanghai municipal government to set up a cargo tracking service platform to track ...
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Cathay Pacific set for belly cargo boost as China eases Covid rules
Cathay Pacific will more than double its flights to the Chinese mainland and increase its belly capacity as China has eased pandemic restrictions.Effective January 8, China's government has authorised flights from Hong Kong and Macao International Airports with passenger load restriction and quarantine lifted.The government is expected to authorise Chinese ...
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NewsCoyne Airways lists freighter capacity with Airblox
Larry Coyne, founder and chief executive, Coyne Airways. Photo: AirbloxLondon-based cargo airline Coyne Airways has started listing freighter capacity with online air cargo capacity trading platform Airblox.Online marketplace Airblox enables brokers, freight forwarders, and airlines to trade cargo capacity in the form of standardised electronic Block Space Agreements (eBSAs).The ...
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NewsDUX Logistics appoints new director for North America
Kenny Gaan. Source: Dux LogisticsBrazil-headquartered Dux Logistics has appointed Kenny Gaan as its new director of alliances for North America.In his new role, Gaan will be responsible for new businesses and new alliances covering aeronautical material logistics and the high-tech sector."The primary objective will be to consolidate Dux's hubs in ...
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NewsIATA: Mixed signals for cargo as demand drops in November
There are mixed signals regarding air cargo's outlook after November saw another double-digit percentage decline in demand.The latest IATA statistics show that airfreight demand in cargo tonne km terms (CTK) declined by 13.7% year on year in November.Capacity for the month fell by 1.9% against last year and load factors ...
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News
Comac launches freighter conversion programme for ARJ21
Chinese airframer Comac has completed design work on a programme to convert the ARJ21 airliner into a freighter.The project to develop a freighter conversion variant of the ARJ21 commenced in May 2020, and involved preliminary and detailed design, aimed at understanding the modifications necessary.Comac did not state when the first ...
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News
US Lincoln Airport to be styled as air cargo hub
Lincoln Airport in Nebraska, US will receive $65m investment that aims to turn it into an air cargo hub with e-commerce expected to be a driving force.Governor-elect Jim Pillen, the Lincoln Airport Authority (LNK) and Burrell Aviation, a division of The Burrell Group, have announced the development with a ground-breaking ...
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NewsQatar Cargo continues lithium battery safety focus with CEIV standard
Source: Qatar CargoQatar Cargo and handler Qatar Aviation Services have gained IATA CEIV Lithium Battery (CEIV Li-batt) certification in a bid to continue countering the risk posed by lithium battery shipments.The CEIV Li-batt certification programme aims to ensure the various elements of the supply chain involved in the shipment of ...
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NewsStrike Aviation looks ahead to a cargo recovery in the second-half
Andrius Antanaitis. Source: Strike AviationGSSA Strike Aviation is expecting that the air cargo market will pick up in the second half of the year following a tough opening six months.The company said that it expects the market slowdown experienced last year to continue in the first part of the ...
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NewsFlexport adds another ex-Amazon exec to management team
Teresa Carlson, president and chief commercial officer. Photo: FlexportFlexport has appointed former Microsoft and Amazon executive Teresa Carlson as president and chief commercial officer.She will oversee Flexport's sales, marketing and communications, as well as its humanitarian aid and sustainability arm arm Flexport.org.Carlson will also spearhead the company's expansion in new ...
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News
DHL: Demand down but hope as inflation expected to ease
DHL Global Forwarding’s December 2022 ‘Airfreight State of the Industry’ report painted a fraught operating landscape but the outlook isn't entirely gloomy.Following November's low volumes, demand continued to remain reduced on most trade lanes and is likely to continue into 2023, said the report.DHL said that e-commerce shipments only added ...
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NewsFirst project shipment for K+N’s B747
Source: Kuehne+NagelKuehne + Nagel (K+N) has completed its first engine shipment using its Boeing 747-8F aircraft.The team in Chicago transported a nine-tonne Rolls Royce aircraft engine onto its B747-8F aircraft – named Inspire – from Chicago to Hong Kong.According to K+N, it took four people, three pieces of machinery and ...
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News
US SMEs explore nearshoring to avoid supply chain disruption
US small- and medium-sized enterprises (SMEs) are moving their supply chains closer to their home market at a faster rate than predicted to help minimise supply chain disruption.A survey from Gartner-owned consultant Capterra shows that 88% of the 300 SMEs surveyed plan or are currently in the process of switching ...
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NewsBamboo Airways debuts cargo airline
Pham Dang Thanh (right) at cargo division launch event. Photo: Bamboo AirwaysVietnamese airline Bamboo Airways has launched cargo carrier Bamboo Airways Cargo JSC (BAC).The company said in a press release on January 3: “This is the airline’s latest movement in the overall strategy to build an aviation ecosystem, develop Bamboo ...
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InsightsEmirates SkyCargo invests for the future
The last 14 months have been a busy period for Emirates SkyCargo.Not only has the carrier been managing heightened demand – at least until the second half of last year – and the recovery of bellyhold operations, but it has made a series of investments.Firstly, in November 2021 the carrier ...
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Insights
Putzger perspective: Full steam ahead for air cargo headwinds
Industry forecasts for this year are largely pessimistic with the outlook for demand muted at best, though capacity looks set to grow, writes Ian Putzger.“Air cargo peak season has now officially failed to materialise,” wrote Freightos head of research Judah Levine on December 7, pointing to year-on-year drops of more ...
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InsightsHeavylift sector faces up to an uncertain market
The heavylift sector is facing up to challenging market conditions but there are some positives to be found, writes Michael Mackey.Heavylift air cargo faces a difficult future despite an obvious need for its services.“I would describe the current situation as a ‘tough market’,” Reto Hunziker, regional director Europe for Chapman ...