All Top Story Articles – Page 59
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News
Geodis sets new emissions reduction targets
Freight forwarder Geodis is targeting a 42% reduction in its own greenhouse gas emissions and a 30% reduction in subcontracted transport emissions.The company said that it would reduce its carbon emissions through the application of the Science Based Targets initiative (SBTi), in compliance with the goal of the Paris Agreement ...
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NewsTallinn Airport City to develop new cargo terminal
Source: Tallinn Airport CityBusiness park Tallinn Airport City and Maru Construction have signed a contract for the design and construction of a new cargo terminal on the southern side of the Estonian airport.The new €8m terminal will measure 5,250 sq ms, with 1,450 sq m of office space and 3,800 ...
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NewsJettainer appoints new North Asia general manager
Source: JettainerULD management firm Jettainer has appointed Elfi Chik as its new general manager for sales in North Asia.Chik will be based in Hong Kong and is tasked with developing and expanding market opportunities for Jettainer in China and North Asia.She began her career with ground handler Hong Kong Airport ...
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InterviewsCathay sets its sights on 2024 air cargo demand
Cathay Cargo is gaining altitude post-pandemic and is optimistic for demand in 2024, explains Chris Bowden, head of cargo global partnerships at Cathay Pacific. 2023 was a year that saw Cathay and its cargo division Cathay Cargo begin to build up volumes and capacity, plus announce a major freighter order. ...
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Insights
Airfreight forwarding 2024: Riding turbulence and embracing new skies
As the echoes of November's dynamic airfreight markets faded, two distinct melodies have lingered: the hum of resilience in the face of adversity and the soaring anthem of adaptation.The Baltic Air Freight Index, propelled by forward bookings and a renewed hope for a smoother peak season, climbed an impressive 17.2% ...
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InsightsOptimising air cargo processes with advanced technologies
Airfreight companies have battled through many challenges but advanced technologies are set to help the industry grow.The air cargo sector has witnessed a steady ascent, despite challenges from lingering supply chain issues, labour shortages, and capacity constraints.Other negative factors such as high fuel costs, regulatory changes, geopolitical tensions, and the ...
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Insights
Red Sea shipping disarray sees Kerry’s air business hot up
There has been much speculation about whether the Red Sea crisis and the consequent rerouting of ships from the Suez Canal in Egypt to the Cape of Good Hope in Africa is impacting airfreight and to what extent.Some airlines and forwarders have said they are receiving more interest from shippers, ...
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InsightsSurvey: Air cargo optimistic for the year ahead
Air Cargo News recently carried out a survey of airfreight professionals and found the majority are expecting market conditions to improve this year.The air cargo industry is optimistic the market will improve in the coming year, with expectations that both volumes and rates will increase in 2024.A survey of more ...
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Insights
Putzger perspective: Pass the duct tape!
The Boeing 737 has become a headache for the airframer following a series of issues that have emerged with the aircraft model. Yet again the Boeing 737 Max has hurled Boeing into the headlines as a 737-9 was forced to make an emergency landing in Portland, Oregon in the US ...
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News
Schneider looks to utilise more ocean shipping and SAF to reduce emissions
Schneider Electric is continuing its efforts to cut emissions through increased use of ocean transport and sustainable aviation fuel (SAF) though a new partnership with DHL Global Forwarding.The two firms will develop what they have termed multimodal shipping bridges between Singapore and North America and between India and North America ...
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News
ATI pilots request arbitration over contract negotiations
The potential for strike action at Air Transport International (ATI) edged closer this week when pilots requested the US National Mediation Board (NMB) declare an impasse and move to arbitration.Pilot union the Air Line Pilots Association, Int’l (ALPA) said that the move was a first step in pursuing a legal ...
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News
Alaska Air Cargo reports return of full schedule following 737-9 checks
Alaska Air Cargo has said its bellyhold operations are returning to full strength following the grounding of its Boeing 737-9 aircraft on safety grounds earlier this year.The airline said that the aircraft had passed "rigorous inspections" after the US Federal Aviation Administration (FAA) issued an emergency airworthiness directive (EAD) requiring ...
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NewsAir cargo volumes up 10% in January but rates weaken
Air cargo volumes rose 10% year on year in January, but this hasn't resulted in higher rates due to the availability of capacity.Shippers' concerns about Red Sea - Suez Canal supply chain delays, plus an early Lunar New Year, have pushed up air cargo volumes, although spot rates have declined, ...
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NewsDSV sees air revenues and volumes tumble in 2023
DSV's airfreight revenues, volumes and gross profits all took a hit last year due to improved ocean shipping operations, high inventories and a weak consumer market.The Denmark-headquartered forwarder reported a 44.1% year-on-year decline in air revenues in 2023 to Dkr50.6bn, gross profit for the year was down 27.9% to Dkr13.4bn ...
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NewsDB Schenker names Asia Pacific chief executive
Vishal Sharma Photo DB Schenker from press release.jpgDB Schenker has appointed Vishal Sharma as the new chief executive for the Asia Pacific region.Sharma brings more than 30 years of experience in the logistics sector and has been serving as chief executive for the freight forwarder's Greater China cluster since 2021.He ...
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News
IATA updates industry manuals for cargo and ground handling
IATA has updated its industry manuals for cargo and ground-handling operations, with more than 300 updates made.Some of the major changes in terms of cargo include those made to regulations related to live animals, perishable cargo, temperature-controlled cargo, operational risk assesment, and ground handling training and procedures.The annual update is ...
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News
DHL workers at East Midlands Airport plan strike
DHL is facing strike action once again as DHL Aviation UK employees at East Midlands Airport plan to stop work for a week next month in a move that has potential to disrupt air cargo operations.180 workers who are members of the trade union Unite aredue to begin industrial action ...
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News
Airbus Beluga Transport gains approval for US flights
Airbus Beluga Transport (AIBT) has been granted permission to conduct flights between Europe and the US.The carrier gained its AOC in November last year and has already conducted flights in the European Union (EU) using its fleet of BelugaST freighters.It applied for a Foreign Air Carrier permit from the US ...
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News
UPS to cut 12,000 jobs as market downturn bites
UPS has announced it will cut more than 12,000 jobs as part of efforts to reduce costs in light of continuing market weakness.The express giant's chief executive Carol Tomé said the job cuts would save the company $1bn per year. UPS is also considering selling its Coyote truck brokerage business.Most ...
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NewsAAPA: Asia air cargo demand down 2.8% in 2023
Preliminary traffic figures for 2023 released by the Association of Asia Pacific Airlines (AAPA) showed international air cargo demand declined by 2.8% year on year.AAPA reports last year reflected continued weak demand in the market, and this only started to change in the last quarter of the year.Reflecting on the ...