HEADLINE
Revenues up for freighter operator Cargojet in 2019
Cargojet recorded a 7% year-on-year increase in revenues in 2019, helped in part by a strong end to the year. The Canada-based freighter operator saw revenues for 2019 reach C$486.6 m, adjust earnings before interest, tax, depreciation and amortisation (EBITDA) were up 21.9% to C$119.2 m though net earnings…
Read MoreMore freighter capacity to China as production lines resume operations
Cargolux and DSV Panalpina will increase freighter capacity to China over the coming weeks as production lines resume operations. The move comes as freighter operators brace for a spike in demand from China as a result of passenger airlines cutting services due to low demand and factories slowly starting…
Read MoreDigital booking on the rise in air cargo
A high degree of digitalization has been witnessed in cargo sales and booking process this year. Interfacing with online booking platforms like cargo.one and Freightos’ WebCargo is a practice gaining traction among carriers. 80% of bookings for standard products run through the carriers’ own websites. While shippers still prefer…
Read MoreGood demand in Chinese air cargo market despite Coronavirus
Emirates SkyCargo is seeing good demand for the import and export of cargo into the Chinese market, despite the extended closure of factories due to the Coronavirus. The air cargo carrier operates freighter services to Guangzhou and Shanghai, having resumed these scheduled services after a planned hiatus over the…
Read MoreSaudia Cargo opens new office in Dhaka to cater to Bangladesh’s garment export industry
Saudia Cargo has announced the launch of its new cargo marketing and sales office in Dhaka, Bangladesh following the increasing demand of air freight services in the country’s garment export industry. die top online casinos Bangladesh is a key market for Saudia Cargo, from where the growing export fashion…
Read MoreANA continues digital drive by joining leading booking platform
All Nippon Airways (ANA) has joined the cargo.one air cargo booking platform as it continues its digital drive. ANA said that it would benefit from gaining access to cargo.one’s European customers base. Meanwhile, the move will simplify the booking process for existing customers. ANA and cargo.one started the integration…
Read MoreNew initiative launched for temperature-controlled supply chains
The Cool Chain Association (CCA) has teamed up with Cargo iQ to launch a new initiative, Care Mapping Project, for temperature-controlled supply chains. The new Cargo iQ pilot programme aims to develop tools and standards for planning and control, as well as for the evaluation of conditions under which…
Read MoreEtihad Cargo enhances partnership with dnata
Etihad Cargo has expanded its partnership with dnata until 2023. As part of the new agreement, dnata will provide warehousing and will handle 180,000 tonnes of airfreight annually at 15 gateways in Etihad Cargo’s network. The Etihad Cargo and dnata alliance now reaches North America, thanks to dnata having…
Read MoreIATA & IPC in agreement to boost airmail & air cargo services
IATA and the International Post Corporation (IPC) will step up their efforts to promote the development and expansion of safe, secure, accessible and high-quality airmail and air cargo services. The two organisations said they had signed a memorandum of understanding (MoU) to reinforce their cooperation and have identified seven…
Read MoreLogistics service providers asked to prepare for Brexit
Forwarders and hauliers have been urged to start to prepare for Brexit now that they have more clarity on when the transition period will come to an end. There is limited time now to implement the systems needed to tackle trade friction following the UK government’s recent announcement that…
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