HEADLINE
Safexpress unveils multimodal logistics park in Patna
Safexpress has unveiled its groundbreaking logistics park in Patna, Bihar. Spanning across an expansive area of 5.25 lakh square feet, the logistics park offers unparalleled infrastructure and capabilities, as per reports. Its salient features include a 130 feet wide cross-dock facility, strategic location on the Patna-Bakhtiyarpur National Highway 30,…
Read MoreBLR Airport handles record perishable cargo for third consecutive year
For three consecutive years, Kempegowda International Airport Bengaluru (also known as KIAB/BLR Airport) has maintained its position as the leading airport for exporting perishable cargo in India. The Airport has witnessed growth in the export of perishable cargo, handling a record tonnage of 53,751 metric tonnes (MT) in financial…
Read MoreMenzies Aviation accelerates growth during first year under new ownership
Menzies Aviation, the leading service partner to the world’s airports and airlines, is marking a year since it joined forces with National Aviation Services (NAS) to become the world’s largest aviation services company. The company, which was acquired by Agility on August 4, 2022, has enjoyed accelerated growth over…
Read MoreRecent air cargo market trends show global tonnages close to their equivalent levels in the past year
As per WorldACD, total global air cargo tonnages in the last two weeks have come close to their equivalent levels this time last year, down by just -2%, thanks to some recovery of traffic ex-Asia Pacific, ex-Middle East & South Asia, and from Africa, although average rates have continued…
Read MoreEtihad Cargo beats operational performance targets in H1
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has continued to surpass operational performance targets, achieving improvements across key performance measures in the first half of 2023. Building on the strong operational performance of the carrier’s freighter operations in 2022, Etihad Cargo achieved 82.7 per cent on-time…
Read MoreSaudia Cargo expands reach in Europe
To enhance its services and expand its reach in Europe, Saudia Cargo has signed a strategic agreement with Jan de Rijk Co., a prominent European transportation and logistics company, it is learnt. Under this agreement, Saudia Cargo will leverage Jan de Rijk’s extensive trucking network, which comprises a fleet…
Read MoreDHL Group performs well in a challenging environment
DHL Group once again demonstrated its resilience in a less dynamic market environment in the second quarter of 2023. The Group achieved revenue of EUR 20.1 billion (Q2 2022: EUR 24.0 billion). Operating profit (EBIT) was level with the first quarter at EUR 1.7 billion. As expected, the second…
Read MoreDGCA gives in-principle approval to AI & Indigo to import aircraft; availability of parking slots ensured
The Directorate General of Civil Aviation (DGCA) has granted in-principle approval to Air India Ltd and Interglobe Aviation Ltd (Indigo) for import of 470 and 500 aircraft, respectively. Availability of parking slots was ensured at the time of grant of NOC for actual import of the aircraft. As per…
Read Morecargo-partner introduces new air freight consolidation services between Western Europe & Asia
Cargo-partner, an international transport and info-logistics provider, has once again expanded its service portfolio with a range of new air freight solutions, consolidating shipments between key airports across Western Europe and various locations in Asia. As cargo-partner continues to grow its profile and operations across Western Europe, the logistics…
Read MoreAir cargo demand down in June & H1
Air cargo demand, as measured in freight tonne kilometres (FTK), declined by 8.1% year-on-year in June 2023. By comparison, offered capacity edged 0.7% higher, leading to a 5.9 percentage point fall in the average international freight load factor to 60.7% for the month, as per a communique by the…
Read More© 2020 ACE. All Rights Reserved