ETIHAD BECOMES WORLDS FIRST AIRLINES TO VACCINATE FULL CREW

 To curb spread of COVID-19 & give passengers peace of mind Etihad Airways has vaccinated its operating pilots & cabin crew thereby becoming first airlines to do so.As per Etihad Airways spokesperson the vaccine programme was introduced in January this year in order to support national vaccination programme & to ensure that full staff is protected from COVID...

Continue

DB SCHENKER Opens New Solar Powered Hub in Dubai

DB Schenker has opened a new logistics centre in South Dubai with an area of 33000qm which can offer space for 90000 euro pallets  This warehouse has capacity to handle temperature controlled, value added services, hazardous , & distribution / delivery services for both ocean & air freight movements.. Moreover it has direct connection for Jebel Ali &...

Continue

Panalpina Acquired By DSV Under $4.6Bn Deal

Danish logistics giant DSV offered Swiss logistics giant Panalpina an unrefusable offer of Swis franc195 / share in a deal worth approx $4.6 bn in order to become world leading freight forwarding company . DSV & Panalpina both were in negotiation for last 2 months with deal starting at Swiss Franc 170/ share in January which seems to be finally closing at Swiss Franc...

Continue

Festive Freighter for Santa by Lufthansa Cargo

With the peak season & increasing demand Lufthansa cargo has expanded its freighter capacity. This freighter capacity expansion is based on upcoming festive season of Christmas & will operate weekly on Frankfurt - JFK route from mid November to 03 Jan. As per one Lufthansa spokesperson this step is taken especially in service of Santa Claus . This additional...

Continue

Bluedart all set to reach every home in India by December

Bluedart is planning network expansion to make it outreach to every home in India by December. DHL joint venture has decided to make investment to cater rising demand for deliveries in Tier II, III & IV cities with its new facility called as New Blue Dart Offices. With this expansion Bluedart has opened 939+ new facilities while reaching out from 6164 pin codes...

Continue

Etihad Cargo refreshes freighter network to focus more on core sectors

From Oct 1, Etihad Cargo will refresh its route network to focus more on core sectors & maximise freighter network. By deploying its 777 ferighter capacity , Middle East carrier Etihad Airways will connect its Abu Dhabi hub to Asia, Europe & US market. For some destinations flight frequency will be increased while for some network there will be weekly freighter...

Continue

European airports record growth in H1 2015, but only just

European airports just managed to drag cargo volumes into positive growth for the first half of the year thanks to improved performance in June. Figures from the Airports Council International (ACI) Europe show that freight volumes for the first half of the year increased by 0.5% against a year earlier. The organisation was not too optimistic for...

Continue

Logistics sector losing the price war

  A large section of the logistics sector is losing the battle to implement planned price increases, coupled with an extremely low success rate when introducing new products and services. These are the results of the most recent Global Pricing Study*, based on responses from approximately 1,600 managers, conducted by the global strategy consulting firm Simon-Kucher...

Continue

UPS expands express freight service

UPS is adding eight origin and five destination countries to its Worldwide Express Freight service, designed for urgent, time-sensitive and high-value international heavyweight shipments. The expansion adds five countries in Latin America and three in Europe. UPS now offers the guaranteed service – targeting product launches, inventory shortages or equipment...

Continue

Shift from ocean to air, but for how long?

  The air cargo industry has won marketshare from ocean rivals over the last year, but analysts have warned there will be a return to sea transport. In its weekly insight analysis, Drewry Maritime Research highlighted the modal shift that had taken place as US west coast port congestion caused by difficult negotiations...

Continue

Etihad teams up with WCA

Etihad Cargo is offering World Cargo Alliance (WCA) members special rates for certain destinations when they use the Worldwide Information Network (WIN) booking platform. WCA members who are participants in Etihad's loyalty programme, CargoConnect, and who also use the WIN for booking and air waybill transactions, will qualify for special rates on selected origins...

Continue

FedEx takes axe to 15 freighters

US parcels and logistics giant FedEx has "permanently retired" 15 aircraft and 21 related engines as it continues to “rationalise capacity and modernise its aircraft fleet to more effectively serve FedEx Express customers”. FedEx has taken a non-cash impairment charge of $246m recorded in May 2015 and has also adjusted the retirement schedule of an additional...

Continue

DB Schenker to charter from Etihad for new US freighter service

DB Schenker has revealed it is chartering an aircraft from Etihad for its new weekly freighter service from China to the US. The forwarder, through its JetCargo division, this week announced it had launched a freighter service travelling between Hong Kong, Chicago and Houston. A company spokesperson told Air Cargo News it was a fully dedicated service using a Boeing...

Continue

NGA to cease operations at the end of May

Main-deck cargo airline Nordic Global Airlines will cease operations at the end of the month after overcapacity in the market took its toll on the operator. NGA, which operates a fleet of four MD-11F freighters for customers, was launched in 2011 but faced continued pressure on pricing. Finnair Cargo, which owned a 40% stake in the company, leased freighter capacity...

Continue

Damco sees $9m loss as airfreight dives

Damco, the troubled logistics arm of Danish shipping giant AP Moller-Maersk (APMM), made a $9m loss in the first quarter of 2015 as its airfreight volumes fell 19%. The division's total supply chain revenue fell nine percent, year on year, to $683m for the January to March 2015 period, of which eight percent was due to exchange rate movements. Netherlands-based...

Continue

Frankfurt freight disappoints

Frankfurt’s airport operator Fraport’s airfreight and airmail tonnage dropped by 2.4 per cent year-on-year to around 500,000 tonnes in the first quarter of 2015. However, the group as a whole recorded “noticeable growth” in revenue, which rose 10.8 per cent to €575.9 million.  Contributing factors included growth in traffic and fees, consolidation of two new...

Continue

FedEx-TNT deal to create third force in express

FedEx’s planned takeover of rival carrier TNT would create a third force in the express market – and unlike UPS’ attempted takeover 2½ years ago, it would succeed, the leaders of the two companies predicted at a press conference this morning. The acquisition would bring TNT’s “exceptional” road platform into the FedEx fold, helping to strengthen what had been a...

Continue

FedEx set to buy TNT Express for $4.8bn

US parcels and logistics giant FedEx has made a $4.8bn  bid to acquire rival operator TNT Express of the Netherlands, with both sides reaching a conditional agreement on the deal. The agreement recommends an all-cash offer by FedEx for all issued and outstanding ordinary shares, including shares represented by American Depositary Receipts of TNT Express for...

Continue

Hong Kong will be a three-runway airport by 2023

Hong Kong's government has approved a third runway for the city’s international airport. Expected to open by 2023, it will help the island maintain its status as the world’s busiest air cargo hub and help Hong Kong maintain its position against other Asian rivals in China and Singapore. The HK$141.5bn (US$18.2bn) scheme will be funded from internal funds, borrowings and user fees, including a HK$180 (US$23.20) additional passenger fee. The new runway would be to the north of the airport...

Continue

Cargojet network expansion

Canada’s Cargojet is expanding its domestic air cargo network from the beginning of April. Cargojet, operating overnight services across North America plus global charters, has a total freighter fleet of 24 aircraft, including the recent introduction of five B767-300ERFs, three B767-200ERFs and one B757-200ERF. The carrier did not outline...

Continue