All Top Story Articles – Page 61
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NewsJanuary air cargo volumes "significantly up" on last year
Worldwide air cargo demand in January remains "significantly up" on a year ago with improvements across nearly all the main regions, according to the latest figures from data provider WorldACD.Figures from the company show that in the two weeks running to January 21, air cargo demand levels are up 5% ...
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Wholesale By Vels launches booking platform for non-IATA freight agents
Amsterdam-based Wholesale By Vels (WBV) has launched a new trade-only wholesale airfreight booking platform for non-IATA freight agents that it said offers users more choice of rates at speed, while reducing financial risk.WBV said the CargoPilot booking platform differs from other online booking portals in two ways. Firstly "it is ...
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Cathay Cargo volumes continue recovery in 2023 but still lag 2019 levels
Cathay Pacific saw its cargo volumes continue to recover last year following Covid-related lockdowns in 2022, but demand still lags behind 2019 levels.The Hong Kong-hubbed carrier group handled 1.4m tonnes of cargo last year, which is a 19.6% improvement on 2022 when Covid-related lockdowns resulted in freighter and passenger flights ...
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Cargo-partner aims to head off Europe-Mexico disruption with new consol service
Logistics firm cargo-partner has expanded its air consolidation service by adding a new route between Germany and Mexico as it looks to combat disruption on the route.The service will operate between Frankfurt and Felipe Ángeles International Airport and was launched as shippers face a "tense market situation" on services between ...
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NewsMenzies grows in Hong Kong with Jardine investment
Source: Menzies AviationMenzies Aviation has invested in a 50% stake in Jardine Aviation Services Group (JASG) as it looks to expand operations in the Asia Pacific region.The stake was purchased from Asia-focussed conglomerate Jardine Matheson and is a joint venture with China National Aviation Corporation (CNAC), which will remain co-owner ...
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NewsHainan selects SATS for cargo handling in Saudi Arabia
Source: SATSHainan Airlines has awarded a contract to SATS for cargo handling services in Saudi Arabia.The carrier operates three Airbus passenger flights a week to Riyadh and Jeddah and the new contract will see SATS providing warehouse handling services for over 2,400 tonnes of import, export, and transit airfreight annually, ...
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Sea-air to come to the fore as Red Sea crisis drags on
Kerry Logistics has reported increased interest in its sea-air services, mirroring reports of growing enquiries for alternatives to ocean shipping due to the Red Sea crisis.The Hong Kong-headquartered forwarder said that its sea-air and road-air services across Eurasia have recently garnered increased interest.The company said that its sea-air solution transports ...
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DHL Global Forwarding completes the integration of Danzas AEI
DHL Global Forwarding has finalised its takeover of Danzas AEI Emirates, with all facilities now rebranded to DHL.The forwarder first announced the takeover of its partner in October last year.Before the takeover, DHL had owned 40% of the UAE-based forwarder with the remaining 60% owned by Investment Trading Group, which ...
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JAL Cargo adds capacity to WebCargo
JAL Cargo has continued to expand its online offering by adding its cargo capacity to booking portal WebCargo.Freight forwarders will be able to book JAL's capacity for flights to Japan and other Asian countries from Japan, Europe and the UK.Japan Airlines executive officer for cargo and mail said: “Digital transformation ...
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NewsFraport and DAKOSY team up on cargo community JV
Martina Schikorr (r) and Dirk Gladiator (l) Source: allivate.Air cargo software firm DAKOSY and airport operator Fraport have established a joint venture to develop cargo community systems.The new joint venture will be named Allivate and each of the two companies will hold of 50% share.Martina Schikorr of Fraport and Dirk ...
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Hongyuan partners with Strike on pharma, perishables and animals from Brussels
The Hongyuan Group has selected Strike Aviation to provide GSSA services for its perishable, pharma and animal shipments on flights out of Brussels.The airline group operates under KF flight numbers from Brussels directly into Chengdu Shuangliu International Airport, with maindeck and lower deck connections into major domestic destinations such as ...
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NewsDHL Express and Singapore Airlines add fifth freighter
Source: Ian Dewar Photography/shutterstockDHL Express and Singapore Airlines (SIA) have deployed the fifth and final freighter as part of a tie-up signed in 2022.The Boeing 777 freighter, which offers a payload capacity of 102 tons, will be based in Singapore and be used to expand capacity between Asia and the ...
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NewsLogistics UK calls for dedicated logistics and supply chain minister
Source: PHOTOCREO Michal Bednarek/shutterstockUK supply chain organisation Logistics UK has called on the country's government to appoint a dedicated minister for logistics and supply chain.Logistics UK said the position would help drive future economic growth across the whole economy.The call was made as part of the organisation's election manifesto, issued ...
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NewsEtihad Cargo partners to develop better perishables airfreight management
First row: Elena Sorlini, MD and interim CEO, Abu Dhabi Airports; Etihad Airways chief executive Antonoaldo Neves; and Suresh Vaidhyanathan, chief executive, Abu Dhabi Food Hub. Photo: IHCEtihad Cargo, Abu Dhabi Airports and Abu Dhabi Food Hub KEZAD have signed a memorandum of understanding (MoU) to jointly establish an origin-to-destination ...
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NewsAEI sees deliveries slow and expects another fall this year
Aeronautical Engineers Inc. (AEI) saw its conversion deliveries continue to decline last year following the Covid-related boom years and is expecting another slowdown this year.The Miami-based conversion firm delivered a total of 28 converted freighters last year compared with 41 in 2022.The figure is still just up on the 27 ...
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Forward Air and Omni Logistics end acquisition dispute
Forward Air and Omni Logistics have agreed to end a legal dispute over Forward's planned acquisition of Omni.The companies have agreed to amend the terms of the existing agreement. This will end the litigation between Omni, a global multimodal provider of air, ocean and ground services, and Forward Air, a ...
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ECS continues recent acquisition spree in Morocco
GSSA ECS has continued its recent acquisition spree with the purchase of its Morocco-based partner.The ECS Group today announced it had acquired its partner of more than two decades EFIS MAROC.EFIS MAROC offers GSSA, air cargo, road and logistics services from its headquarters in Casablanca."Their expertise includes supervising the handling ...
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NewsQuito expands flower processing area as it prepares for busy Valentine's season
Source: QuiportEcuador's Quito International Airport has expanded its specialist cargo area as it prepares for another busy Valentine's Day period.The airport said that companies specialised in cargo palletising at the airport had invested in expanding the manoeuvring area in the cargo apron and their own processing area.The expansion has added ...
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NewsSalmon airline FarCargo receives first cargo aircraft
FarCargo 757-200. Photo: BakkafrostFaroe Islands-based fish farmer Bakkafrost subsidiary FarCargo has taken delivery of its first cargo aircraft as it prepares to start operations transporting salmon.The new airline, which closed a deal to purchase the Boeing 757-200 last August, received the aircraft at the end of December.FarCargo said: "The aircraft ...
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Forwarder Flexport raises $260m through Shopify
Freight forwarder Flexport has raised $260m in funding from e-commerce platform Shopify.The company, which last year had to make job cuts as it looked to reduce costs, raised the money through an uncapped convertible note.Writing on X, Flexport chief executive Ryan Petersen said the investment would further strengthen the firm's ...