Air Cargo News

Airfreight rates on key trades out of Asia remained “firm” in June despite the market entering the quieter summer season.

Airfreight rates remain firm in June - Air Cargo News Airfreight rates on key trades out of Asia remained "firm" in June despite the market entering the quieter summer season. The latest figures from the

Uzbekistan-based My Freighter has begun operating flights to Shanghai and Ezhou after receiving authorisation to carry out flights on routes to and from Mainland China in April.

The Tashkent-hubbed airline said in a LinkedIn post on July 6 that it had carried out its first cargo flight to Shanghai. The airline confirmed: “Flights will be operated three times a week.”

https://www.aircargonews.net/airlines/my-freighter-begins-flights-to-shanghai-and-ezhou/

My Freighter

My Freighter begins flights to Shanghai and Ezhou - Air Cargo News Uzbekistan-based My Freighter has begun operating flights to Shanghai and Ezhou after receiving authorisation to carry out flights on routes to and from

Emirates has appointed Badr Abbas as divisional senior vice president for Emirates SkyCargo to fill the gap left by Nabil Sultan back in the first quarter of the year. Emirates

Abbas hired as divisional SVP at Emirates SkyCargo - Air Cargo News Emirates has appointed Badr Abbas as divisional senior vice president for Emirates SkyCargo to fill the gap left by Nabil Sultan back in the first quarter

Air India will use IBS Software’s iCargo solution to help it digitalise its air cargo operations and end-to-end cargo management. Air India

Air India rolls out digital operations with IBS Software - Air Cargo News Air India will use IBS Software’s iCargo solution to help it digitalise its air cargo operations and end-to-end cargo management. IBS Software’s fully

Xeneta has warned that shippers and forwarders seeking capacity during the fourth quarter may find themselves “at the mercy of the market”.

Forwarders and shippers brace for Q4 hike in air cargo rates - Air Cargo News Airlines are looking ahead to air cargo's fourth quarter peak season to decide how best to maximise returns from capacity out of Asia as spot rates are

The European Commission has approved Lufthansa’s bid to buy a 41% stake in ITA Airways, over two and half years since Lufthansa first expressed interest in the Italian carrier. Lufthansa European Commission

Lufthansa finally able to proceed with ITA Airways stake - Air Cargo News The European Commission has approved Lufthansa's bid to buy a 41% stake in ITA Airways, over two and half years since Lufthansa first expressed interest

Global freight forwarder International Cargo Logistics (ICL) has nearly doubled the size of its cold storage facility at Heathrow Airport to meet growing customer demand.

International Cargo Logistics doubles down on Heathrow cold storage - Air Cargo News Global freight forwarder International Cargo Logistics (ICL) has nearly doubled the size of its cold storage facility at Heathrow Airport to meet growing

FedEx will expand its gateway facility at Clark International Airport in the Philippines following the signing of an agreement with the airport’s operator and manager, Luzon International Premiere Airport Development (LIPAD). FedEx

FedEx to grow cargo facility at Clark Airport in the Philippines - Air Cargo News FedEx will expand its gateway facility at Clark International Airport (CRK) in the Philippines following the signing of an agreement with the airport's

Qatar Airways Cargo registered an increase in cargo tonnages during the fiscal year running until March 31 but its revenues declined. Qatar Airways

Qatar Cargo volumes up but revenues under pressure in 23/24 - Air Cargo News Qatar Airways Cargo registered an increase in cargo tonnages during the fiscal year running until March 31 but its revenues declined. In total, the

The appointment of a new government will provide a significant opportunity to create a policy environment in which the logistics sector can thrive and support economic growth for the whole of the UK, says David Wells OBE of Logistics UK

https://www.aircargonews.net/monthly-exclusive/supply-chain-spotlight-uk-logistics-sector-primed-for-airfreight-growth/

Supply chain spotlight: UK logistics sector primed for airfreight growth - Air Cargo News The appointment of a new government will provide a significant opportunity to create a policy environment in which the logistics sector can thrive and

Outsize and general air cargo capacity alike is in short supply for energy charters against a backdrop of heated political debate on the energy transition.

https://www.aircargonews.net/monthly-exclusive/energy-sector-tightrope-for-brokers/

Energy sector tightrope for brokers - Air Cargo News Outsize and general air cargo capacity alike is in short supply for energy charters against a backdrop of heated political debate on the energy

These days no industry event would seem complete without at least one firm verdict from the podium that e-commerce is going to be the driver of air cargo growth.

If you’re not in e-commerce, you may as well pull down the shutters and retire.

https://www.aircargonews.net/monthly-exclusive/putzger-perspective-e-commerce-shipments-face-rising-pressure/

Putzger perspective: E-commerce shipments face rising pressure - Air Cargo News These days no industry event would seem complete without at least one firm verdict from the podium that e-commerce is going to be the driver of air cargo

Caribbean Airlines Ltd Cargo has adopted CHAMP Cargosystems’s Cargospot Mobile and Cargospot Quotes with the aim of driving efficiency and growth within its business.

https://www.aircargonews.net/technology/airfreight-digitisation/caribbean-airlines-cargo-signs-up-for-new-champ-cargospot-tools/

Caribbean Airlines Cargo signs up for new CHAMP Cargospot tools - Air Cargo News Caribbean Airlines Cargo has adopted CHAMP’s Cargospot Mobile and Cargospot Quotes with the aim of driving efficiency and growth within its business. The

Air France KLM Martinair Cargo (AFKLMP) has begun a new weekly Boeing 747 freighter service operated by Martinair between Amsterdam Schiphol Airport (AMS) and Dubai World Central Airport (DWC).

https://www.aircargonews.net/airlines/afklmp-begins-amsterdam-dubai-freighter-service/

AFKLMP begins Amsterdam-Dubai freighter service - Air Cargo News Air France KLM Martinair Cargo (AFKLMP) has begun a new weekly Boeing 747 freighter service operated by Martinair between Amsterdam Schiphol Airport (AMS)

Hellmann Worldwide Logistics has made two new appointments to its sustainability division as part of its focus on greening its operations. Hellmann Worldwide Logistics

Hellmann drives sustainability with latest appointments - Air Cargo News Hellmann Worldwide Logistics has made two new appointments to its sustainability division as part of its focus on greening its operations. Şükran Gencay

CEVA Logistics is switching to a product vertical-based structure as it continues its integration of Bolloré Logistics. CEVA Logistics

Bolloré Logistics brand to go as CEVA integration continues - Air Cargo News CEVA Logistics is switching to a product vertical-based structure as it continues its integration of Bolloré Logistics. The CMA CGM-owned forwarder

Uzbekistan-based airline My Freighter will lease two more Boeing 767-300 passenger-to-freighter (P2F) converted aircraft from Air Transport Services Group’s (ATSG) subsidiary, Airborne Global Leasing.

The addition of these two aircraft will expand the Tashkent-hubbed airline’s ATSG-leased fleet to five 767-300P2Fs as part of efforts to connect trading hubs along the Silk Road from China to Europe.

https://www.aircargonews.net/airlines/atsg-leases-more-767fs-to-my-freighter/

ATSG leases more 767Fs to My Freighter - Air Cargo News Uzbekistan-based airline My Freighter will lease two more Boeing 767-300 passenger to freighter (P2F) aircraft from Air Transport Services Group's (ATSG)

This year’s conversion market activity is expected to be “on a more normal level” compared to 2023, IBA Group has reported.

Cargo capacity demand during the pandemic drove conversion activity and this continued last year despite a slump in air cargo demand.

Narrowbody conversions make up the majority of growth in the market, said the aviation data, intelligence and advisory company during its recent ‘IBA Insight: How are Freighter Values Performing?’ webinar.

But the market could face an oversupply, primarily because of too many 737-800 converted freighter aircraft

https://www.aircargonews.net/monthly-exclusive/freighter-conversion-market-to-normalise-but-faces-over-oversupply/

Freighter conversion market to normalise but faces over oversupply - Air Cargo News The freighter conversion market is expected to normalise this year according to IBA, although there is a risk of narrowbody oversupply. This year’s

Turkish Airlines Cargo is looking to further expand its freighter capacity through the addition of extra Boeing 777 freighters. Turkish Airlines

Turkish Cargo continues freighter fleet expansion with 777 order - Air Cargo News Turkish Airlines Cargo is looking to further expand its freighter capacity through the addition of extra Boeing 777 freighters. The fast-growing airline

Worldwide Flight Services (WFS) has increased its cargo handling capacity by 60% at Adolfo Suárez Madrid-Barajas Airport with the opening of its fifth cargo terminal.

The ground handler has signed a 30-year lease on the new building opening, which sits on a 12,500 sq m site with 6,500 sq m of warehouse, connected to the airport tarmac.

https://www.aircargonews.net/services/ground-handler/wfs-opens-5th-cargo-terminal-at-madrid-airport/

WFS opens 5th cargo terminal at Madrid Airport - Air Cargo News Worldwide Flight Services (WFS) has increased its cargo handling capacity by 60% at Adolfo Suárez Madrid-Barajas Airport with the opening of its fifth

Air France KLM Martinair Cargo (AFKLMP) has continued to add new companies to its Sustainable Aviation Fuel (SAF) programme.

Air France KLM Cargo welcomes five new SAF users - Air Cargo News Air France KLM Martinair Cargo (AFKLMP) has continued to add new companies to its Sustainable Aviation Fuel (SAF) programme. At the Air Cargo China event

Dominik Stehle has been appointed as freight forwarder deugro’s new chief commercial officer.

A new CCO for project specialist forwarder deugro - Air Cargo News Dominik Stehle has been appointed as freight forwarder deugro's new chief commercial officer. The move will see Stehle return to the project specialist

The air cargo industry has now clocked up the sixth consecutive month of double-digit year on year growth thanks to trade growth, e-commerce and oceanfreight capacity constraints, reported IATA.

Total demand in May, measured in cargo tonne-kilometers (CTKs), rose by 14.7% compared to May 2023 levels. There was also a 5.3% rise month on month.

https://www.aircargonews.net/data/iata-air-cargo-volumes-increase-over-14-in-may/

IATA: Air cargo volumes increase over 14% in May - Air Cargo News The air cargo industry has now clocked up the sixth consecutive month of double-digit year on year growth thanks to trade growth, e-commerce and

CH Robinson has expanded its presence in Southeast Asia with the opening of a new office in the Philippines.

CH Robinson expands Southeast Asia presence - Air Cargo News CH Robinson has expanded its presence in Southeast Asia with the opening of a new office in the Philippines. The US-based forwarder said that the new

SF Airlines has continued with the expansion of its network through the addition of extra flights to Vietnam.

SF Airlines adds new China-Vietnam cargo link - Air Cargo News SF Airlines has continued with the expansion of its network through the addition of extra flights to Vietnam. The China-based express giant has this week

Air Charter Service’s time-critical division utilised a private jet and on-board courier to ensure an urgent shipment of blood plasma was delivered in time. Air Charter Service

ACS swings into action for urgent blood plasma shipment - Air Cargo News Air Charter Service's time-critical division utilised a private jet and on-board courier to ensure an urgent shipment of blood plasma was delivered in

A.P. Moller - Maersk has withdrawn its bid to buy DB Schenker, leaving just three bidders remaining in the acquisition race.

The shipping giant said in a statement shared with Air Cargo News that it made the decision to quit the acquisition process for Deutsche Bahn’s freight forwarding subsidiary after it concluded that integrating DB Schenker into the company would involve multiple challenges.

https://www.aircargonews.net/business/acquisitions/maersk-withdraws-bid-for-db-schenker/

Maersk withdraws bid for DB Schenker - Air Cargo News A.P. Moller-Maersk has withdrawn its bid to buy DB Schenker, leaving just three bidders remaining in the acquisition race. The shipping giant said in a

Coyne Airways has become the first carrier to offer dangerous goods bookings through WebCargo after adding its capacity to the portal. Freightos

Coyne Airways scores WebCargo first with DG cargo option - Air Cargo News Coyne Airways has become the first carrier to offer dangerous goods bookings through WebCargo after adding its capacity to the portal. The carrier offers

Muscat-based Oman Air has appointed Mike Duggan as head of cargo as it looks to grow its air cargo business following the delivery of its first freighter in December.

After starting his career in aviation sales, Duggan clocked up 20 years in air cargo business development

https://www.aircargonews.net/people/duggan-joins-oman-air-as-head-of-cargo/

Duggan joins Oman Air as head of cargo - Air Cargo News Muscat-based Oman Air has appointed Mike Duggan as head of cargo as it looks to grow its air cargo business following the delivery of its first freighter

Scan Global Logistics (SGL) has continued its expansion with the opening of its first offices in Saudi Arabia.

Scan Global Logistics adds first Saudi Arabia offices - Air Cargo News Scan Global Logistics (SGL) has continued its expansion with the opening of its first offices in Saudi Arabia. The forwarder has established two offices