All Airfreight articles – Page 31
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Luxembourg constructs aircraft stands
May 10 - Luxembourg Airport has started the construction of four cargo aircraft stands, capable of accommodating Boeing 747s and one specifically designed for the Antonov AN-124, in response to increasing growth rates.
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Cathay Pacific to lease two B747s
May 8 - Cathay Pacific Cargo has reached agreement with Atlas Air Worldwide Holdings (AAWW), to wet-lease two Boeing 747-8 freighters from May 2017 to support its airfreight operations.
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Panalpina takes a stake in Carelog
May 3 - Panalpina World Transport has acquired a majority stake in Carelog Freight Service, a Danish freight forwarding and logistics company.
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Kuehne + Nagel opens Aberdeen oil and gas hub
May 1 - Kuehne + Nagel has established a new branch in Aberdeen, UK, that specialises in logistics services for the oil and gas industry.
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Survey says box lines “poor to average”
April 13 - The service provided by container shipping lines is rated as poor to average and has deteriorated in the past year, according to a survey of exporters, importers and freight forwarders conducted jointly by Drewry and the European Shippers' Coun
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Dube sees biggest airfreight cargo
April 10 - Dube Cargo Terminal at South Africa's King Shaka International Airport has witnessed the second landing of an Antonov AN-124 bringing in 80 tonnes of highly specialised spools, which form part of the main furnace at a local oil refinery.
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EC re-adopts air cartel decision
March 17 - The European Commission has re-adopted a cartel decision against 11 air cargo carriers and imposed a fine totalling EUR776.465 million (USD834.5 million) for operating a price-fixing cartel.
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PCN duo on the move
March 16 - The Project Cargo Network (PCN) members have transported oversized cargo around the world.
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IATA launches cargo handling manual
March 16 - IATA has launched a Cargo Handling Manual (ICHM) in order to help airlines and cargo handlers work together more effectively while improving safety and efficiency in air cargo operations.
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Panalpina's volumes rise while profits fall
March 2 - Despite Panalpina recording its highest air freight volumes since 2007, its gross profit margins in both air and ocean freight declined in 2016.
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Atlas Air's fourth quarter high
March 2 - Atlas Air Worldwide Holdings (AAWW) achieved record revenues for the fourth quarter of 2016, reporting an adjusted income from continuing operations totalling USD59 million, compared with USD39.4 million in the fourth quarter of 2015.
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Volga-Dnepr flies for deugro
February 20 - Volga-Dnepr Airlines has operated a series of AN-124-100 and IL-76TD-90VD charter flights to transport equipment for a new liquefied natural gas (LNG) production plant on the Yamal Peninsula in northwest Siberia.
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DSV's fourth quarter high
February 13 - DSV has reported a net revenue increase of 39.8 percent in the fourth quarter of 2016, amounting to DKK17.6 billion (USD2.5 billion), which DSV claims is largely due to the acquisition of UTi Worldwide.
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Crane Worldwide invests
January 31 - Houston-based, Crane Worldwide has opened an additional logistics facility at Amsterdam airport in the Netherlands, which will function as its country head office.
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Good move on the Mersey
January 27 - John Good Shipping is opening a refurbished, 2,200 sq ft (204.4 sq m) office at Burlington House near the Port of Liverpool, to further expand its freight forwarding, ship agency and airfreight activities in the northwest of the UK.
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Airfreight prepare for takeoff at Luxembourg
January 24 - The growth of airfreight at Luxembourg Airport continued increasing by 8.2 percent compared with 2015, with an 8.5 percent growth in oversized shipments.
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Encouraging signs for airfreight
January 11 - The International Air Transport Association (IATA) released data for global airfreight markets showing that demand, measured in freight tonne kilometers (FTK), rose 6.8 percent in November 2016 compared to the previous year.
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Airfreight demand picks up pace
December 8 - The International Air Transport Association (IATA) released data for global air freight markets in October 2016 showing that demand, measured in freight tonne kilometers (FTKs), rose 8.2 percent year-on-year in October, the fastest pace of gr
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Warriors see Fairplay
November 9 - Denmark's Fairplay Shipping has completed the return of an important exhibition of China's first Emperor, Qin Shi Huang's Terracotta Warriors to China.
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Atlas Air posts third quarter loss
November 3 - Atlas Air Worldwide Holdings posted a loss from continuing operations in the third quarter of 2016, which it attributed to "nondeductible expenses triggered by shareholder approval of warrants granted to Amazon".