News

Cathay moves forward on layoffs as economy slows

Cathay moves forward on layoffs as economy slows

January 20, 2017 at 6:55 pm 0 comments

The recent turbulence at Cathay Pacific may have implications for airfreight, as Asia’s biggest cargo carrier announces layoffs and cost-cutting actions to accommodate what it’s CEO, Ivan Chu, termed the “new normal.” Following a meeting of the carrier’s leadership, the Hong Kong-based carrier made an announcement that, “some jobs willRead More

Deutsche Post DHL Group, NGO Gavi partner in vaccine delivery

Deutsche Post DHL Group, NGO Gavi partner in vaccine delivery

January 20, 2017 at 6:50 pm 0 comments

A partnership inked between Deutsche Post DHL Group (DP-DHL) and Gavi, a non-governmental organization (NGO) that promotes immunization in lower-income countries, is the latest development in an effort to leverage technology to improve access to health care in harder-to-reach locations around the world. The terms of the deal allow GaviRead More

Luxembourg Airport cargo volumes rise 8.2 percent in 2016

Luxembourg Airport cargo volumes rise 8.2 percent in 2016

January 20, 2017 at 6:44 pm 0 comments

Luxembourg Airport announced that its cargo volume was up 8.2 percent, compared to last year, reaching 821,000 tonnes in 2016. The growth rate was almost double that of last year’s and well ahead of IATA’s November year-to-date numbers for 2016 – a 3.2 percent rise in global freight-ton-kilometers (FTKs). TheRead More

DHL launches virtual freight marketplace CILLOX

DHL launches virtual freight marketplace CILLOX

January 19, 2017 at 6:58 pm 0 comments

DHL announced the market launch of CILLOX, the online platform that matches full truck load (FTL) and less-than-truckload (LTL) shipments with available transportation providers. The news comes just two months after the express, transport and logistics arm of Deutsche Post DHL Group bought the platform, which has the ability toRead More

Hactl closes out a strong 2016 after bumper November numbers

Hactl closes out a strong 2016 after bumper November numbers

January 19, 2017 at 6:35 pm 0 comments

Hong Kong Air Cargo Terminals Ltd. (Hactl) finished 2016 in good form, increasing 2015 tonnage by 1.7 percent to more than 1.65 million tonnes, and setting new terminal and ramp handling records. Transshipments recorded the highest growth, at 29.6 percent, year-over-year, growth. Mail, courier and express traffic rose 8.4 percent,Read More

No Lufthansa buyout, but Etihad bearish on code shares

No Lufthansa buyout, but Etihad bearish on code shares

January 19, 2017 at 6:33 pm 0 comments

Like a celebrity mismatch, the rumored Lufthansa-Etihad merger flooding news feeds was bound to disappoint, and now Reuters reports that “a financial stake is out of the question at the moment,” citing a source close to the plans. But given the move towards code sharing, and the Gulf-carrier’s proclivity towardsRead More

China-UK railroad corridor spells trouble for airfreight

China-UK railroad corridor spells trouble for airfreight

January 18, 2017 at 6:59 pm 0 comments

The first container train from China reached the U.K. today, arriving at the London Eurohub in Barking. Completed in 18 days, the rail transit connection threatens to disrupt China-Europe supply chains, with airfreight appearing especially vulnerable. The 10,000- to 12,000-kilometer transit takes 12 to 18 days, depending on the routeRead More

SF Express moves ahead with China air cargo hub

SF Express moves ahead with China air cargo hub

January 18, 2017 at 6:33 pm 0 comments

Shenzhen-based carrier SF Express is moving forward with its plans to build one of the world’s biggest air-cargo hubs in Ezhou City, an inland city less than two hours by air from 80 percent of China’s economic activity. A unit of SF Express – SF Airport Investment – and ChinaRead More