Hanjin crisis only part of Korean air cargo struggles

Amidst the shockwaves emanating from last month’s news of the bankruptcy filing of Hanjin Shipping came speculation of a potential silver lining for air cargo carriers. Would the scramble for cargo originally booked on Hanjin vessels provide a windfall for airlines, with a surge in demand to drive up rates and yields? Other than a […]

IATA’s August data point to rising demand in global airfreight

Concurring with similar conclusions from analysts at Drewry and WorldACD, the International Air Transportations Association (IATA) determined that August showed some encouraging signs of recovery in the global airfreight market, although some regions remain stagnant. Data for the month of August indicated a 3.9 percent, year-over-year, rise in demand for worldwide airfreight services, measured in […]

A practical solution to an impractical screening problem

Brandon Fried is the executive director of the U.S. Airforwarders Association. When it comes to the screening and inspection of cargo, U.S.-based airfreight forwarders have become experts on the topic and its challenges. Physically screening 100 percent of air cargo on passenger flights to and from all U.S. airports has been one of the most […]

IAG launches London-based ‘Hangar 51’ accelerator program [VIDEO]

For an industry that introduced autopilot more than half a century ago, some of the air cargo industry’s practices are practically anachronistic – just ask pharma shippers. That’s all changing as carriers rush to implement high-tech solutions to provide timely, controlled and transparent services that high-value goods require. Now, these carriers are taking innovation one […]

Qatar Airways Cargo ramps up Budapest connectivity

Qatar Airways Cargo will add an additional 60 tonnes of weekly freighter capacity between its Doha hub and Budapest starting October 7, the airline announced. The additional A300-200F flight complements two extant weekly freighter flights already operating along the route, as well as daily bellyhold capacity offered on the carriers A320 flights. The frequency increase […]

Time to vote for ACW’s Air Cargo Executive of the Year nominees

As the end of the year approaches, we at Air Cargo World are reaching out to readers to seek nominations for our annual Air Cargo Executive of the Year award, celebrating the highest achievement in the air cargo industry. The 2016 Air Cargo Executive of the Year will be named on the cover of the […]

Qantas Freight and the Australia Post Group extend partnership

Qantas Freight and the Australia Post Group today announced a five-year AUD$500 million extension of their international mail air freight agreement. Under the current agreement, Qantas Freight handles 12,000 tonnes of mail and parcels out of Australia on an annual basis, making this the largest air freight contract in Australia. The new contract builds on […]

Lufthansa pulls the trigger on Brussels Airlines acquisition

Lufthansa announced that it will move forward on its anticipated takeover of Brussels Airlines. A notice from the Lufthansa Group posted yesterday stated that the German carrier planned to acquire the remaining 55 percent of shares it does not already own and wrap up the deal “at the beginning of 2017.” Lufthansa’s pithy release has […]

DHL Global Forwarding enters emergency logistics market

A week after IAG Cargo began offering service for ultra-time-sensitive cargo, DHL Global Forwarding (DHL-GF) has entered the highly sought-after emergency logistics market with its own product, called SameDay Speedline. The service will offer “best flight out” shipping and proactive monitoring, from origin to destination. DHL-GF, the forwarding arm of Deutsche Post DHL Group, said […]

E-commerce, TNT acquisition boost FedEx Express in Q1

David J Bronczek, CEO and President of FedEx Express (left) and Fred Smith, founder, chairman, president, and CEO of FedEx Corp. FedEx reported net profit up 3.3 percent, year-over-year, to US$715 million in the first quarter of its 2017 fiscal year, driven primarily by the strong performance of its U.S. domestic overnight services, which saw […]

IAG puts a premium on ‘Critical’ service

In an effort to capture more of the ultra-time-sensitive air cargo market, IAG Cargo will launch a new service next month, called “Critical,” which will focus on premium emergency shipments. The carrier also said it will build an expansion to its existing Premia freight facility to handle various premium products. The new Critical service, to […]

DHL Parcel Europe expands through Slovenian-Hungarian partnership

DHL Parcel Europe has partnered with Pošta Slovenije of Slovenia and the Magyar Posta of Hungary to expand its cross-border e-commerce delivery service across Eastern Europe. The addition of the two countries expands the service across the continent to 18 countries. With the new partnership, online traders can use a harmonized network infrastructure to access […]

Dubai conference ends with plea for data collaboration

DUBAI – This year’s Air Cargo Handling conference ended today with stakeholders from across the air cargo sector promising to collaborate to make air cargo a more competitive alternative to land and water modes of transport. The general consensus was that greater sharing of data would be the quickest way to achieve such a goal. […]

Ex-Cargolux CEO Reich resurfaces at R&R

Following Dirk Reich’s resignation from Cargolux back in July, it seemed appropriate to assume it would only be a matter of time before he resurfaced, and now it seems as if that day has come. According to an update on the company website, Reich will be assuming the position of Chairman at “R+R International Aviation,” […]
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