Canada’s Winnipeg Airport to strengthen cargo ops with construction, redevelopment

During its annual meeting yesterday, Winnipeg Airport Authority (WAA) outlined upcoming cargo infrastructure expansion plans at Winnipeg Airport (YWG), which will include construction of a new C$27 million Ground Services Equipment Building (GSE) on the east side of the airport’s property, as well as the redevelopment of land on the west side of the airport’s property.   YWG began construction of its GSE […]
  • Chelsea Toczauer
  • April 25, 2019

Panalpina persists in perishables with purchase of CargoMaster, Laseair

Swiss forwarding giant Panalpina is seeking to increase its already large market share of the South American perishables logistics market by purchasing CargoMaster S.A. in Colombia, and its Ecuadorian subsidiary, Laseair S.A. The companies reached an agreement on Tuesday of this week, but chose not to disclose the financial details of the acquisition. CargoMaster, with […]
  • Randy Woods
  • April 25, 2019

Cargolux reports record high net profits in ’18, fleet to expand

In spite of what it called “slower economic growth in the second half of the year,” all-cargo carrier Cargolux reported US$211.2 million after-tax consolidated net profit in 2018, which was a new record for the Luxembourg-based carrier. The higher net profit represented a 73% increase from the previous year’s net income of $122.3 million, even […]
  • Randy Woods
  • April 24, 2019

Turning point for slot scarcity at AMS with approval of new local rule

Today, Dutch Minister of Transport Cora van Niewenhuizen approved the implementation of a new local rule for airfreight at Amsterdam Airport Schiphol (AMS), after the enforcement of a 500,000 annual movement cap at the airport led many cargo operators to abandon AMS for nearby competitors. The long-awaited rule change is meant to support AMS’ competitive stance in the European airfreight market against […]
  • Chelsea Toczauer
  • April 24, 2019

New Nanchang cargo terminal to boost China’s Belt and Road initiative

Last week, Nanchang Airport (KHN), located in China’s southeastern Jiangxi province, announced the construction of its new international cargo station, which will support the airport’s goal to increase its cargo throughput capacity to 200,000 tonnes by 2020. Construction of the cargo terminal will also contribute to China’s Belt and Road initiative and nationwide infrastructure development.  KHN’s new international cargo terminal is being built on […]
  • Chelsea Toczauer
  • April 24, 2019

Congestion at U.S-Mexico border worsens

As the United States continues its national debate on immigration policies, congestion at the U.S.-Mexico border continues to worsen, causing increasing delays for cargo shipments.   This week, cargo wait times – which already jumped from 50 minutes to up to 7 hours at certain ports last week – have now reached between 9 and 10 hours at certain ports.  […]
  • Chelsea Toczauer
  • April 22, 2019

DHL’s new Gibraltar-area logistics hub to be largest in Morocco

When establishing a trade route between Africa and Europe, what better place is there than the Strait of Gibraltar? That’s the area DHL Global Forwarding (DHL-GF) has decided to set up its new hub, along with global logistics gateway Tanger Med, on the Moroccan side of the 14-kilometer-wide strait. With the addition of the 6,000-square-foot […]
  • Randy Woods
  • April 12, 2019

Despite March recovery, Doha reports drop in first quarter volumes

Today, Doha International Airport (DOH) reported it handled 505,581 tonnes of cargo in the first three months of 2019, a 1.7% decline compared to the same period the year prior, according to data published by the Arab Air Carrier’s Organization (AACO).   Although few airports have reported March volumes, data from Doha indicates that cargo traffic in March may have improved slightly over the first two months of 2019. Volumes in January […]
  • Chelsea Toczauer
  • April 11, 2019

Top 25 Airports grow in 2018 despite global trade tensions

In 2018, the overall amount of cargo handled by the world’s top 25 airports increased by 1.7%, to reach almost 58 million tonnes of cargo. Growth slowed after 2017’s record high growth rate of 7.7%, likely due in part to the ongoing global trade tensions between the United States and some of its closest trade partners and market […]
  • Chelsea Toczauer
  • April 8, 2019

Early results point to steep declines in February airport throughput

February cargo throughput results for the world’s airports are still being finalized, but early analysis indicates year-over-year drops in cargo volumes in Europe and Asia, while American airports are close to flat with February 2018 traffic. Almost all airports worldwide posted year-over-year declines in volume for February and declines or very modest growth overall for 2019.   The impacts of an uncertain global trade environment, volatile economic performance across multiple markets and Brexit […]
  • Chelsea Toczauer
  • March 26, 2019

BIFA now supports extension of ‘Transitional Simplified Procedures’ in no-deal Brexit

With U.K. Prime Minister Theresa May’s attempt at a third vote in Parliament over a Brexit deal appeared to be falling apart today, there may be a glimmer of hope for the logistics industry in the face of what looks to be an inevitable “no-deal” Brexit nightmare. The British International Freight Association (BIFA), has apparently […]
  • Randy Woods
  • March 25, 2019

Grounded MAX provides temporary cargo capacity boost on some routes

Following two crashes of Boeing’s 737 MAX 8 within five months of one another, the aircraft has been grounded globally. While the development is bad optics for Boeing, as carriers race to replace grounded aircraft, the impact on cargo capacity is varied and could temporarily boost available capacity on some routes. Following the crash of […]
  • Chelsea Toczauer
  • March 20, 2019

Emirates adds flights to Cairo, expands network reach

Today, Dubai-based Emirates said it will add four additional weekly flights between Dubai (DXB) and Cairo (CAI). The new flights will be operated by a 777-300ER and will offer an additional 160 tonnes of belly cargo capacity per week to and from CAI. Currently, 800 tonnes of cargo capacity is available through the carrier’s existing […]
  • Chelsea Toczauer
  • March 20, 2019

Increased forwarding volumes, oil prices helped Bolloré see growth in 2018

French logistics conglomerate Bolloré continued to grow through the end 2018, due mostly to a 9 percent increase in its Transportation and Logistics (T&L) division. Sea- and airfreight volumes both rose in 2018, especially in Bolloré’s African operations, and also in its oil-and-gas logistics activities, which grew in revenues by 25 percent, “thanks to higher […]
  • Randy Woods
  • March 20, 2019
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