All Top Story Articles – Page 16
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NewsSwissport begins Qatar handling contact for Vienna-Doha flights
Photo: SwissportSwissport has begun air cargo handling services for Qatar Airways' new weekly freighter flights between Vienna International Airport in Austria and Hamad International Airport in Doha."This marks a significant milestone for Swissport as we expand our operations in Vienna and solidify our position as a leading provider of air ...
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NewsWFS wins Magma Aviation handling contract at Liege Airport
Magma Aviation 747-400F. Photo: Magma AviationWorldwide Flight Services (WFS) has won a new multi-year ramp and warehouse cargo handling contract with UK freighter firm Magma Aviation at Liege Airport (LGG).Starting this month, WFS will provide ramp and warehouse cargo handling for a minimum of five regular Boeing 747-400 freighter flight ...
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NewsGroup Concorde to manage IAG Cargo sales in 8 countries
Photo: IAG CargoIAG Cargo has appointed Group Concorde as its General Sales Agent (GSA) across eight countries.The partnership aims to optimise cargo operations and customer service in Cambodia, the Philippines, Myanmar, Malaysia, Indonesia, Vietnam, Australia and New Zealand.Over the next three months, Group Concorde will assume responsibility for cargo sales ...
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NewsANA's first AeroSHARK freighter takes flight
Photo: ANAAll Nippon Airways' (ANA) first 777 freighter equipped with Lufthansa Technik’s and BASF’s jointly developed AeroSHARK technology to reduce drag and emissions has begun operations.The first modified Boeing 777F (JA771F) began scheduled cargo flights on September 2. ANA also has plans to extend the AeroSHARK technology to a passenger ...
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NewsScan Global seals deal for Blu Logistics Brasil
Scan-Global-Logisitcs.jpg Photo Scan Global Logistics Scan Global Logistics (SGL) has completed the acquisition of freight forwarder Blu Logistics Brasil Transportes Internacionais LTDA to extend its business in Latin America. The Danish forwarder announced in July that it had signed an agreement to buy the forwarder, which last ...
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NewsDP World acquires Cargo Services Far East
Photo: DP WorldDP World has completed the acquisition of Hong Kong-headquartered Cargo Services Far East Ltd to expand into retail and fashion logistics and grow its airfreight business.Logistics service provider, Cargo Services employs over 2,500 people in Greater China and across Asia, Europe, South Africa and the US.Founded in 1989, ...
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NewsSingapore Airlines places capacity on CargoAi's booking portal
Photo: CargoAiSingapore Airlines has placed its capacity on CargoAi's online booking portal, CargoMART to enable forwarders to book airfreight shipments through the platform.The airline's decision will open up its capacity to more than 16,000 freight forwarders across more than 130 countries who regularly use CargoMART.With the addition of Singapore Airlines’ ...
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News
Leading German union backs CVC bid for DB Schenker
Leading German trade union Ver.di has reportedly given its backing to the CVC-led private equity consortium bidding to take over DB Schenker over fears of job losses should DSV be successful.According to Bloomberg, research from the union has indicated that more jobs would be lost at the forwarder because the ...
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NewsLufthansa Cargo appoints vice president Asia Pacific
Elodie Berthonneau. Photo: Lufthansa CargoLufthansa Cargo has appointed Elodie Berthonneau as vice president of Asia Pacific from October 1.Based in Singapore, Berthonneau will head up the sales and handling organisation in Asia Pacific. This includes China, Japan, South Korea, Thailand, Vietnam, Singapore, Malaysia, Indonesia, Philippines and Oceania.Berthonneau joins Lufthansa Cargo ...
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Insights
AI’s role in the future of airfreight
AI has already disrupted personal transportation, so what’s in store for air cargo?There have been countless IT-fuelled disruptions of well-established markets. Streaming killed Blockbuster. Digital cameras drove film sales from an estimated 200m rolls in 1999 to only 5m rolls by 2009. The ‘disrupted into oblivion’ list is long and ...
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Insights
Airfreight capacity conundrum as peak season approaches
The Red Sea shipping crisis and e-commerce are driving demand for airfreight and consequently capacity is looking tight for the peak season.Since October 2023, more than 75 cargo ships have been attacked by Houthi rebels in the Red Sea. 12% of all global trade traditionally took this route, via the ...
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Insights
Putzger perspective: Is e-commerce trade under threat?
Trade legislation crackdowns in the EU and US could hamper e-commerce supply chains as the air cargo industry gears up for peak season. By early August a chorus of voices proclaimed the approaching end of the 2024 peak ocean shipping season. According to the National Retail Association, containerised imports to ...
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InterviewsCargo gives airships a lift
Hybrid Air Vehicles has been examining how its Airlander 10 airship could play a role in the future of air cargo. Cargo is playing an increasingly important role in the future development of the airship market, according to UK-based Hybrid Air Vehicles (HAV). HAV commercial business development director George Land ...
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InsightsWhy the EU-China tariff tensions are more than just a trade dispute
Mike Parra. Photo: DHLTariff tension between the European Union and China has flared up again, but global trade needs to be protected during any negotiations to safeguard economic growth amongst other reasons.Europe and China find themselves once again in the midst of a tariff dispute. This is not the first ...
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InsightsTop 25 cargo carriers: Cargo goes slow on growth in 2023
Air cargo demand in 2023 was slow to recover from the previous year’s market slump and the top 25 cargo airlines felt the strain. 2023 was undoubtedly a tough year for air cargo with global full-year demand, measured in cargo tonne-kilometers (CTKs), for the top 25 airlines down 1.7% compared ...
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NewsBangladesh air cargo rates still elevated
Air cargo rates out of Bangladesh were still elevated in the last full week of August as a range of issues has hit supply chains from the country over the past year.Data from Xeneta shows that rates from Bangladesh were up 163% year on year in the week ending August ...
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NewsWFS Holland to swoop on Menzies World Cargo Amsterdam
Source: WFSWorldwide Flight Services (WFS) Holland will purchase Menzies World Cargo (Amsterdam) as it looks to expand its presence at Schiphol Airport.The SATS Group-owned cargo handler said that its operation at Schiphol was close to capacity and the deal would bring extra warehouse space to enable it to capitalise on ...
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News
Schirmer sentenced in Polar fraud case
Former Polar Air Cargo employee Robert Schirmer has been sentenced to 18 months in prison after pleading guilty last year to taking part in a scheme to defraud the US cargo airline out of millions of dollars. Ex-executive Schirmer pled guilty last October to one count of conspiring to commit ...
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News
Transpacific air cargo rates pick up in August as firm demand continues
Air cargo rates on the transpacific trade picked up in August as the busy market conditions continued and companies begin to eye what is expected to be a strong peak season.The latest figures from the Baltic Exchange Airfreight Index (BAI) calculated by TAC Index show that rates from Hong Kong ...
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News
New director for Challenge Technic
Challenge Group has appointed Petur Thor Gudjonsson as the new technical director at Challenge Technic in Reykjavik, Iceland.Gudjonsson brings over 20 years of experience in line maintenance, having worked with companies including Air Atlanta, SO Tech, Wow Air, and GMT. His expertise spans both Boeing and Airbus fleets."Since joining the ...