HEADLINE
UPS fourth-quarter revenues up
UPS (United Parcel Service) saw fourth-quarter revenues soar on the back of Amazon volume growth. The express giant reported a 3.6% year-on-year increase in revenues for its fiscal fourth quarter to $20.6bn, operating profit was up by 6.4% to $2.1 bn. Network improvements from transformation enabled UPS to embrace…
Read MoreAir cargo community platforms on the rise in US airports
Community platforms for air cargo are on the rise at major US airports: Dallas/Fort Worth is the latest set to sign a contract for a system and Miami has similar plans. The board of directors of DFW has given the green light for a contract to establish a cargo…
Read MoreNew Boeing 777-9 has more belly-hold cargo capacity
The new Boeing 777-9, the larger, shorter-range version of the 777X, has 8% more belly-hold cargo capacity than the current production 777-300ER, as confirmed by Boeing. The first 777X test flight was carried on 25th Jan 2020, and the company expects to begin deliveries in 2021. The 777-9 will…
Read MoreAvia Solutions Group to acquire cargo carrier Bluebird Nordic
Avia Solutions Group, which owns UK broker Chapman Freeborn and freighter operator Magma Aviation, is to acquire 100% of cargo carrier Bluebird Nordic and so step into the narrow-body ACMI cargo business. Iceland-headquartered Bluebird Nordic, founded in 1999, operates one B737-300SF and four B737-400SFs. With this new acquisition, Avia…
Read MoreDouble-digit growth for air cargo at Sharjah Airport
Sharjah Airport Authority (SAA) has announced that its airfreight grew to more than 148.751 thousand tons in 2019, including 11,674 tons last December. The volume of air freight from last January to December 2019 reached 15.290 thousand tons, an increase of 12.12% compared to the same period in 2018….
Read MoreGreater efficiencies sought in growing biopharma logistics
As biopharmaceutical production accelerates in Asia, global manufacturers are becoming increasingly exposed to supply chain risks on Asian trade lanes. For those dealing with high-volume products, smart management of freight shipments will be crucial for commercial success. Total revenues for biopharma cold chain logistics exceeded $15 billion in 2019….
Read MoreNew Chinese airline intends entering cargo operations
Sichuan Double Dragon Airlines, also known as “Shuanglong”, has been formally established as a joint venture funded by Zhejiang Changlong Airlines, or Loong Air, and the Sichuan Airport Development Group. Double Dragon Airlines is expected to focus on cargo, it is learnt. The new airline will apply to China’s…
Read MorePotential for autonomous aircraft seen in delivering cargo
EmbraerX announced its expansion into the commercial air cargo market via a collaboration agreement with Elroy Air, at CES 2020. This collaboration will allow the companies to accelerate the unmanned air cargo market worldwide, leveraging Embraer’s 50 years of industry experience with Elroy Air’s bold new developments in autonomous…
Read MoreCargolux successfully renews GDP certification
Cargolux Airlines has successfully passed its GDP (good distribution practice) renewal audit covering its pharma handling processes. The full re-certification attests that the company’s management system fulfils the requirements of the European Union directive ‘Guidelines on Good Distribution Practice of Medicinal Products for Human Use’ and of WHO guidelines….
Read MoreNew cargo warehouse opened near Schiphol Airport
Netherland based APC (Amsterdam Perishable Centre)-Handling, a subsidiary of IP-Handlers, has opened a new warehouse close to Schiphol Airport. Cargo aircraft are unloaded at Schiphol and the products are brought directly to the APC warehouse where Customs clearance and necessary inspections are taken care of, after which the importer…
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