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...
Sunday, March 22, 2015
Saturday, March 21, 2015
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...
Friday, March 20, 2015
If the air cargo community was under any illusion that its efforts to
speed up door-to-door delivery and eliminate paper documents are
winning over shippers, it may have to think again, writes Martin Roebuck.
Two major shippers tore into the industry for its poor service
quality and communication in a no-holds-barred session at the World
Cargo Symposium (WCS) in...
Wednesday, March 18, 2015
US parcels giant FedEx saw third quarter revenues up four per cent to $11.7bn.
“We had a very successful peak season as volumes grew across all
transportation segments, and our profit improvement programs are moving
ahead as scheduled,” said Fred Smith, FedEx Corp chairman, president and
chief executive officer.
Operating results for the third quarter ended...
Tuesday, March 17, 2015
DHL has opened a service centre facility in Houston, Texas, mainly to serve the oil and gas sector.
The $2.5m, 28,000 sq ft facility can process more than 2,500
shipments per hour, nearly double the existing capacity and will allow
for earlier delivery times and later drop off times.
DHL Express says it has seen an uptick in emergency shipping of machinery...
Sunday, March 15, 2015
UPS customers can now ship biological substances, dangerous goods in
excepted quantities and shipments using dry ice to more than 20
additional international destinations.
The US-based global express and logistics’ operator says that the
expansion is a direct response to a growing demand from
biopharmaceutical manufacturers, diagnostics companies, laboratories and
...
Thomas Lieb, management board chairman of Schenker AG, will leave the
German logistics company at the end of this month “by best mutual
agreement”.
The 56 year-old will take on new responsibilities outside the German railway parent company, Deutsche Bahn Group.
Dr Lieb has resigned “immediately” as head of business unit at DB
Schenker Logistics and as management...
Saturday, March 14, 2015
TNT has launched a Monday to Friday B737-400F service between
Israeli capital Tel Aviv and the express operator's European hub in
Liege, Belgium.
The new service "answers increasing demand" and allows TNT to shorten
transit times for express shipments to and from Tel Aviv by one day.
The flight arrives in Tel Aviv in the morning...
Saturday, February 28, 2015
Kuehne+Nagel beat 2014 airfreight market growth with a 5.3 per cent increase in volumes to 1.2m tonnes for the full year.
The Switzerland-based logistics giant’s air cargo increase is more
than twice last year’s global market benchmark average of between three
and four per cent.
K+N, the world’s second largest airfreight forwarder by tonnages,
said that the key...
Panalpina is adding a B747-400 freighter service to São
Paulo, Brazil, aimed at manufacturers of heavy machinery and equipment
for agriculture and mining.
The direct service from US hub Huntsville to São Paulo, called Brazil
Wings, has been designed for customers in the mid-west and in parts of
the s south eastern US.
As of March,...
Thursday, February 26, 2015
Swedish truck and bus maker Volvo has renewed a three-year contract
with express operator TNT for ‘inbound to production’ and aftermarket
delivery services in Europe.
TNT will continue to handle Volvo’s European emergency production movements.
TNT collects automotive components and parts from more than 800
different suppliers in Europe and delivers them to...
A ten per cent year on year increase in airfreight net revenues
contributed to a strong 2014 fourth quarter for US forwarder and
logistics company Expeditors.
The Washington-based company said its net earnings had increased 19
per cent in the quarter, to almost $99.4m, compared with $83.5m in the
same period of 2013.
Ocean freight net revenue...
Wednesday, February 25, 2015
Damco, the global logistics arm of Danish shipping group AP Moller
Maersk, more than doubled its annual losses to $293m for the full year
2014.
The ocean giant parent said that Damco's losses were due to
“significant” impairment hits in 2014 and “reduced profitability” in
its ocean and airfreight segments.
Netherlands- headquartered Damco, which recorded...
Tuesday, February 24, 2015
Iraqi ground-handler Azmar Air has gone live with Kale’s Galaxy International air cargo management system.
Azmar, based at Sulaymaniyah
International Airport in the Kurdish-controlled region of northern Iraq
will use the system for e-freight compliance, warehouse management and
vehicle management, and it will be able to offer real-time updates to
customers’ trade partners and EDI messaging, says Indian-based Kale.
It added that Galaxy is already in
use by handlers including...
Monday, February 23, 2015
DHL's Resilience360 risk management tool can now be integrated with
customer's transport management systems, allowing them to view shipments
affected by disruptive incidents.
Customers can then scan the latest position and status of all their shipments worldwide and identify corrective actions.
Recent incidents monitored by Resilience 360 included the ash cloud
from the Bardarbunga Volcano, the economic fall-out from Russian
sanctions and the Ebola crisis.
In the case of the...
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