NCA says it will be at least ‘more than another week’ before 747-Fs are back in the sky

Today, Nippon Cargo Airlines (NCA) released a statement saying its 747 freighter fleet will remain on the ground for another week, following last week’s news that the carrier would undergo an immediate government audit, pausing its 11 freighters from running services on its trans-Pacific routes due to the discovery of discrepancies in the airline’s maintenance […]
  • Nina Chamlou
  • June 22, 2018

FedEx reports solid fourth quarter results

Yesterday, in addition to the announcement that FedEx ordered for twelve 767Fs, and twelve 777Fs in a deal valued at US$6.6 billion, the express giant reported revenue up 10.1 percent, y-o-y, in its fiscal fourth quarter (ended 31 May) to a record $17.31 billion. Net income for the quarter was $1.13 billion, up 10.5 percent from […]
  • Randy Woods
  • June 20, 2018

NCA audit may take longer than hoped

After Nippon Cargo Airlines (NCA) temporarily grounded its eleven 747-Fs due to a maintenance record discrepancy over the weekend, the forwarding community is saying the halt in air service may be longer than the Narita-based carrier’s initial estimate. Japan’s Civil Aviation Bureau is scheduling an inspection of NCA’s entire fleet after finding that the carrier has […]
  • Nina Chamlou
  • June 19, 2018

Investment firm acquires WFS in new deal

Worldwide Flight Services (WFS) is being acquired by Cerberus Capital Management, the self-entitled “world’s largest air cargo handler,” based out of Paris, with a presence in 198 major airports in 22 countries. WFS is “positioned to benefit from attractive long-term industry growth,” said Cerberus’ head of global private equity and senior managing director, Brett Ingersoll. […]
  • Nina Chamlou
  • June 19, 2018

Maintenance record issues ground entire Nippon Cargo Airlines fleet

Due to an “inappropriate maintenance record” that was discovered on Saturday, Japan-based carrier Nippon Cargo Airlines (NCA) decided to ground its entire fleet of eleven 747 freighter aircraft on Sunday, June 17. The grounding is expected to last “about one week” while Japanese aviation officials conduct a safety audit, according to an official statement on […]
  • Randy Woods
  • June 18, 2018

Alaska Air Cargo looks to reduce wait times with self-service delivery kiosks

Alaska Air Cargo has quietly been testing app-based tablets at its Seattle cargo hub that allow customers to print cargo receipts, and head straight to the warehouse for cargo retrieval, without the need to wait in line. Reminiscent of a self-service passenger kiosk that retrieves a boarding pass with an alpha-numeric record locator, Alaska’s cargo […]
  • Charles Kauffman
  • June 15, 2018

Private equity firm Naxicap buys GSSA European Cargo Services

The investment firm Naxicap Partners acquired European Cargo Services (ECS) – a general sales and services agent (GSSA)  representing carriers in 47 countries – in a mid-June deal facilitated by Paris-based financial investment house, Ardian. In recent years, ECS has demonstrated its focus on expanding its international presence, acquiring Hong Kong-based services company AVS in 2016 […]
  • Nina Chamlou
  • June 15, 2018

LATAM Cargo begins end-to-end digitalization of its systems

Today, LATAM Cargo launched a project to replace its current cargo management systems that will enable customers to manage end-to-end processes, including tracking, booking, claims and rates through a digital portal. The Chilean carrier has employed Indian IT company Wipro to implement its existing operations management software, CROAMIS – a process that will be completed […]
  • Nina Chamlou
  • June 14, 2018

Cainiao adds Dubai to growing hub network, parterning with Emirates SkyCargo

Cainiao, the logistics arm of e-commerce giant Alibaba, has partnered with yet another cargo carrier – Dubai-based Emirates SkyCargo – as it continues the expansion of its international logistics network to add another six global hubs in cities around the world. On June 6, the company announced that it will invest $1.5 billion to build […]
  • Nina Chamlou
  • June 13, 2018

Turkish Airlines partners with ZTO, PAL Air in China logistics services venture

Turkish Airlines Cargo will partner with Chinese cargo carrier ZTO Express and “B2C” forwarding company PAL Air to launch a joint-venture logistics services company to be based in Hong Kong, capitalizing on the booming e-commerce market emanating from China. The tripartite will offer door-to-door logistics services, including trucking, collection and distribution, warehousing, transportation, cross-docking and […]
  • Nina Chamlou
  • June 11, 2018

Forwarders take to dedicated freighter ops, but could trade issues get in the way?

DHL Global Forwarding this week disclosed that it is considering launching additional dedicated Asia-Pacific freighter routes, according to a media report. DHL currently employs Atlas Air to operate 747 freighters that service its Shanghai Pudong International Airport (PVG) to Cincinnati/Northern Kentucky International Airport (CVG) route. With DHL’s move to increase capacity between Asia and the […]
  • Nina Chamlou
  • June 8, 2018

AirBridgeCargo’s Lazarev: At right place, right time for further growth

Since joining the Volga-Dnepr Group in 2013, in the position of operations director of AirBridgeCargo Airlines (ABC), Sergey Lazarev has overseen a period of rapid growth for the Russian all-cargo carrier. Two years later after joining the carrier, he was appointed general director of ABC, which had been aggressively pursuing long-haul cargo routes and achieving […]
  • Charles Kauffman
  • June 7, 2018

Emirates SkyCargo launches Dubai-U.K. routes

Tomorrow, Dubai-based Emirates SkyCargo launches daily services to London Stansted Airport (STN) and Edinburgh Airport (EDI) on 777-300ER aircraft, opening up 500 tonnes of capacity (inbound plus outbound) per week between the United Kingdom and the United Arab Emirates. The carrier cites strong growth in demand for the transportation of pharma products between the two […]
  • Nina Chamlou
  • June 7, 2018

Cargolux bans ‘hunting trophies,’ citing environmental sustainability

Today, Luxembourg-based all-cargo carrier Cargolux has banned the transportation of wild game, otherwise known as “hunting trophies,” to take effect immediately. “This practice does not align with the company’s ethical engagements and policies,” said Richard Forson, CEO of Cargolux, stating that the carrier is “committed to building a sustainable business model,” including environment preservation. This […]
  • Nina Chamlou
  • June 5, 2018
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