Revenue and profit boost for CEVA Logistics
CEVA Logistics’ posted revenue of $1.72 billion in the second quarter (Q2) up 6.4 per cent in constant currency, on the $1.66 billion in 2016. The forwarding and logistics company says adjusted earnings before interest taxes, depreciation and amortization (EBITDA) in Q2 was $70 million, up $9 million in constant currency versus the prior year. […]
Strong first half for C.H. Robinson’s airfreight division
US freight forwarder C.H. Robinson’s airfreight division has performed strongly in 2017 with double-digit growth in tonnage, transactions, and revenue. This was shown in its quarter two (Q2) results when revenue for airfreight forwarding increased 28.3 per cent to $25.8 million, as figures were boosted by the inclusion of APC Logistics, which it acquired last […]
Dreamliners to boost El Al’s global cargo capabilities
El Al Israel Airlines will have 200 per cent more cargo capacity by 2020 as it welcomes 16 Boeing 787 Dreamliners into its fleet to replace Boeing 767s and 747s as part of a $1.25 billion investment. Two Dreamliners will be phased in this year, while an additional 14 aircraft will be phased in by […]
Strong volumes growth for DSV in first half of 2017
Danish freight forwarder DSV’s airfreight volumes grew year-on-year (YOY) by 10.4 per cent in the first half of this year to 302,869 tonnes, but second quarter (Q2) volumes were only up 2.6 per cent to 155,430 tonnes – lower than its competitors. These growth rates compare with the market average of 10 per cent in […]
Delta Cargo opens new Atlanta control centre
Delta Cargo today announced the official opening of its Cargo Control Center (CCC), which will support daily cargo operations across the globe. The new Atlanta facility provides comprehensive coverage of all aspects of cargo transportation and management, with the ability to track shipments, trucks, mail, and freight – domestically and internationally. Delta Cargo, president and […]
Western Global Airlines appoints a new president
Western Global Airlines’ (WGA) chief executive and Founder, Jim Neff has announced the appointment of General Brooks Bash (pictured below) as president. Headquartered in Florida, WGA operates a fleet of 13 widebody freighters and in less than three years, has flown to over 278 airports in 110 countries on six continents. Neff says: “General Bash […]
Future looking bright for Amerijet as LATAM recovers
The first six months were a good start to the year at Amerijet, but the carrier is also facing challenges that are endemic to the industry as a whole. Amerijet operates a seven-strong freighter fleet of Boeing 767-300/200 aircraft from its primary hub at Miami International Airport to 38 destinations throughout the Caribbean, Mexico, Central […]
Strong first half tonnage growth for Rickenbacker
Rickenbacker International Airport in Ohio (US) posted an increase in imports and exports of 21 per cent in the first half of 2017. Operator Columbus Regional Airport Authority says the gateway was bolstered by increased service from Etihad and Trinity Logistics, the 2016 expansion of Emirates, and the June 2016 opening of Air Cargo Terminal […]
American sees room for more growth at its key US hub
Miami International Airport (MIA) represents a key hub for American Airlines Cargo due to its extensive links into the Americas and perishables unsurprisingly make up much of the cargo volumes. The carrier runs about 340 flights out of MIA on a daily basis to 132 destinations and it is the airline’s largest international gateway. American […]
Air France-KLM, Virgin, Delta and China Eastern expand strategic partnerships
Air France-KLM, Delta Air Lines, Virgin Atlantic and China Eastern have announced plans to grow their strategic partnerships through various equity investments. As part of the agreement penned, Air France-KLM will acquire Virgin Group’s 31 per cent stake in Virgin Atlantic for around £220 million ($287 million) with the transaction set to take place in 2018. Air […]
Delta Cargo names Shawn Cole as vice president
Delta Air Lines has named Shawn Cole as vice president of its freight arm Delta Cargo. Cole will be responsible for ensuring the airline’s logistics division continues to deliver on commercial, financial and operational performance. The carrier says he joins the leadership team at a time when it is realising the benefits of its multi-year […]
Heathrow posts revenue and cargo rise in 1H2017
Revenue was up 4.1 per cent and cargo volumes up 9.1 per cent to 820,000 tonnes in the first six months at Heathrow Airport. For the results ending 30 June, the gateway says revenue was £1,374 million, up on the £1,320 million in 2016. Adjusted EBITDA (net income with interest, taxes, depreciation and amortisation added […]
Delta Cargo the highest performing US domestic carrier
Delta Cargo says it had the highest average NFD percentage for total airport-to-airport shipments amongst North American carriers over last 12 months at 81.31 per cent. This it says continues the improved operational reliability trend, which has seen it lead the North American carriers domestic belly-carrier market in average NFD performance for total airport-to-airport shipments […]
ACI: stronger global economy drives May growth of 11.1%
The strengthening global economy fuelled growth of 11.1 per cent in airfreight in May, according to the Airports Council International (ACI). ACI says after a period of economic uncertainty regarding US trade policy and risks related to the UK’s vote to withdraw from the European Union, global commerce is “no longer sidelined”. The association says […]
Swissport Cargo USA opens a new warehouse at Chicago O’Hare
Swissport Cargo USA opened a new state-of-the-art warehouse at the Chicago O’Hare International Airport on 20 July. The subsidiary of Swissport International says the 138,000-square foot warehouse is designed with a focus on customer needs as well as on safety and efficiency and includes the first automated material handling system in the region. A grand […]
WFS awarded three new ground handling contracts at LAX
Worldwide Flight Services (WFS) has been awarded three new ground handling contracts with Asian carriers at Los Angeles International Airport (LAX). China Southern has selected WFS to provide ramp services at the airport for its 10 flights per week connecting Los Angeles and Guangzhou. Xiamen Airlines has also chosen WFS’ ramp services for its new […]
Kuehne + Nagel acquires two forwarders specialising in perishables
Kuehne + Nagel has expanded its global perishables network with the acquisition of CFI (Commodity Forwarders Inc) an airfreight forwarder of perishables products in the US, and Trillvane Ltd, one of the largest perishables specialists in Kenya. These it says will add more than 150,000 tonnes of perishables to the forwarder’s perishables network and further “strengthens […]
TNT customers continue to feel the affect of cyber-attack
FedEx says TNT Express customers are still “experiencing widespread service and invoicing delays” three weeks after the cyber-attack on 28 June, which had significant impact on TNT’s worldwide information systems. FedEx says the attack has affected its financial performance, but it is “still evaluating the financial impact of the attack”, but it is likely it will be material. […]
China Airlines chooses WFS for handling in Honolulu
Worldwide Flight Services (WFS) is now offering China Airlines its full range of ground handling services in Honolulu after winning a new cargo handling contract. WFS has served China Airlines in Honolulu since 2001 when it was first awarded a passenger services contract. In 2005, it also won the airline’s ramp handling contract, and in […]
Delta takes delivery of first Airbus A350-900
Delta Air Lines has become the first North American operator of the belly cargo friendly Airbus A350-900. The Airbus A350 will continue Delta’s optimisation of its Pacific network, operating primarily on long-range routes between the US across the Pacific to Asia and initially it will service Tokyo-Narita, Seoul and Beijing. It will be first operated to […]
Amazon’s Prime Day set to be biggest yet as its aircraft fly
Amazon’s Prime Day is set to be biggest in its history for sales, the e-commerce giant announced yesterday as its fleet of Prime Air aircraft took to the skies. The annual event took place for 30 hours from Monday, 10 July and is one of the biggest online retail days in the US shopping calendar. […]
Gatwick Airport posts 20.6% tonnage rise in June
New long-haul belly connections continue to drive cargo figures at London’s Gatwick Airport. The UK gateway handled 7,835 tonnes in June, a 20.6 per cent increase on the same month last year when Gatwick handled 6,494 tonnes. On a rolling 12-month basis from July 2016 to June 2017, tonnage is up 18.2 per cent to […]
New initiatives for TIACA and board members happy with progress
The International Air Cargo Association (TIACA) has been branching out and is running new initiatives as it looks to grow its global presence and industry influence. TIACA’s newest board member and Brussels Airport’s head of cargo, Steven Polmans (pictured below) sees the association playing a major role in future in bringing air cargo airport communities […]
AMI UK passes 1 million spot-rate milestone
AMI has provided its one millionth cargo spot-rate quote in the UK. The trade-only airfreight and express wholesaler opened its Spot Rate desk – specialising in live market quotes – in 2007. The Spot Rate team is based in London and Manchester and handles 60 per cent of AMI’s total airfreight business in the UK. The success […]
President Trump arrival set to have a positive and negative effect
US freight forwarders’ biggest concern is the overload of regulations at home and abroad, according to Airforwarders Association (AfA) executive director, Brandon Fried (pictured below). On a positive note, Fried says the new US administration under President Donald Trump is promising to reduce the number of regulations and the AfA’s primary concern is dealing with […]
PEMCO pens agreement with GEMECO for P2F conversions
PEMCO World Air Services (PEMCO) has announced an agreement with China-based MRO Guangzhou Aircraft Maintenance Engineering Co (GAMECO) to perform Boeing 737-700, 400 and 300 passenger-to-freighter (P2F) conversions in Asia Pacific. PEMCO is a division of Airborne Maintenance and Engineering Services (AMES) and wholly owned subsidiary of Air Transport Services Group (ATSG) and the agreement follows […]
Widebody 777 belly routes added by United Airlines
United Airlines has grown its network after adding additional widebody routes utilising a Boeing 777-300ER – which is set to boost belly cargo volumes. The US carrier will service San Francisco – Beijing beginning 6 September 2017, San Francisco – Frankfurt from 5 October 5, 2017 and New York/Newark – Tokyo Narita from 28 October 2017. Boeing 777-300ER aircraft are already […]
WorldACD: fairy tale year for air cargo continues
The fairy tale continued in May for the air cargo industry, according to the latest figures monthly report by WorldACD Market Data. The analyst says in May showed a “formidable” year-over-year (YoY) increase in chargeable weight of 12.8 per cent (13.8 per cent in DTK’s), coupled with a YoY yield rise of five per cent in […]
Strong business at Qantas Freight driven by Asia and the US
Asia and the US are the most buoyant trade lanes for Qantas Freight and the main focus for the Australian carrier. Qantas Freight executive manager, Alison Webster says both are in high demand across its freighter and belly network, while services between Sydney and Auckland are also very strong. Domestically, Webster says the busiest lanes […]
Cargolux expands services between China and the US
Cargolux Airlines has added Atlanta in the US to its destinations served from its Zhengzhou (CGO) hub in China. The North American city becomes the second destination, after Chicago, to receive direct connections to and from Cargolux’s Chinese hub. The service from CGO to Atlanta, in combination with Chicago, on its flight CV9765 that originates […]
