Peak season sees improved traffic for Asia-Pacific carriers

Many of the major Asia-Pacific airlines have now reported their results for November 2019 cargo traffic, demonstrating mixed results for the month. Most of these carriers continued to see lackluster performance compared to the same period in 2018 as a result of U.S.-China trade tensions over the past few months. However, stakeholders have told Air […]

Vancouver Airport infrastructure developments to boost customs and security

Vancouver International Airport (YVR) is strengthening its airport customs and security with the development of three new infrastructure projects. YVR’s Jason Tse, cargo development manager, gave Air Cargo World the inside scoop on these upcoming projects and further discussions the airport is having with partners for long-term growth. To support short-term growth of cargo business […]

Cathay Pacific’s Sze and Ruggiero talk perishables and plans for 2020 [VIDEO]

LOS ANGELES – At this year’s Cool Chain Association Americas conference, Cathay Pacific Cargo’s Cargo Products Manager Gary Sze and VP for Cargo Americas Fred Ruggiero told Air Cargo World about evolving global perishables markets and Cathay’s plans to tap into these markets in the coming year. The pair discusses continued growth for perishable shipments […]

IATA urges EU to allot sustainability efforts towards aviation

If not for the fuel efficiency gains in flight this year, fuel burn and CO2 emissions would be 1.9% higher year-over-year, the International Air Transport Association (IATA) said in its semi-annual economic report on airline industry performance. The report, released Wednesday, went on to say that the lower fuel burn and carbon emissions represent about […]

UPS expands international time-definite and urgent shipment delivery footprint

UPS has expanded the delivery footprint of its UPS Worldwide Express, UPS Express Plus and UPS Worldwide Express Freight time-definite and urgent shipment services across 40 countries. The move is intended to support guaranteed time and day-definite delivery for customers’ cross-border shipments to international markets. For its UPS Worldwide Express and UPS Express Plus, UPS has added over 3,200 postal codes across […]

PACTL to start up cross-border e-commerce handling center trial in December

Shanghai Pudong International Airport Cargo Terminal Co., Ltd. (PACTL), the largest handler at Shanghai Pudong Airport (PVG), is set to begin a trial of its new center for cross-border e-commerce handling later this month. Trial operations are expected to begin on Dec. 16, according to the handler’s website. The new handling center facility measures about […]

SF Airlines secures DOT approval for US-China operations

On Wednesday, the U.S. Department of Transportation approved an exemption request from Shenzhen-based SF Airlines to operate cargo service between the U.S. and China. SF initially requested the exemption on May 13, as reported by our sister publication, Cargo Facts. The carrier was seeking to operate a thrice-weekly scheduled service between Hangzhou (HGH) and New […]

Flipkart leads $60mn financing round in logistics platform Shadowfax

India’s e-commerce giant Flipkart has made a strategic minority investment in Indian logistics platform Shadowfax. The investment is part of $60 million Series D funding Shadowfax has received from Flipkart, along with existing investors Eight Roads Ventures, NGP Capital, Qualcomm Ventures, Mirae Asset Naver Fund and World Bank-backed International Finance Corporation (IFC). Shadowfax will use […]

Peak season’s weak October start may turn around, IATA reports

In line with reports from WorldACD, airports and carriers worldwide, the International Air Transport Association (IATA) released preliminary data for October indicating total industry wide cargo traffic, measured in freight tonne kilometers (FTKs), decreased by 3.5% year-over-year in October. While this is undoubtedly a slow start to the fourth quarter, IATA said nascent indicators may […]

Here’s what happens to markets If U.S. tariffs on China kick in 15 Dec.

BLOOMBERG – President Donald Trump’s latest missives on trade are a wake-up call to markets close to record highs that a major deadline is looming with China. The Dec. 15 flashpoint on tariffs was thrown into sharp relief Tuesday when Trump said he sees no urgency to complete a deal, right after he threatened an assortment […]

Despite trouble at pax airline, Hong Kong Air Cargo carrying on business as usual

While HNA Group affiliate Hong Kong Airlines is running into serious financial difficulties and is teetering on the verge of collapse, its dedicated airfreight subsidiary, Hong Kong Air Cargo, appears to be conducting business as usual. Hong Kong Air Cargo’s five A330-200Fs are currently all flying, operating services between Hong Kong (HKG) and destinations such […]
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