BUD to construct new freight center

Budapest Airport (BUD) is expanding its freight handling capacity with the construction of a dedicated freight center called “Cargo City,” as part of the hub’s BUD:2020 Development Program that aims to “develop its role as the leading gateway in the Central Eastern European region.” The more than US$38 million investment will encompass a 20,000 square-meter […]
  • Nina Chamlou
  • September 21, 2018

ACI’s finalized list of world’s top 20 busiest cargo airports in 2017

Yesterday, the Airport Council International (ACI) released its finalized list of the world’s top 20 busiest cargo airports in 2017 (see ACI’s preliminary report, released in April). Total cargo volumes handled (loaded and unloaded freight and mail) increased by 7.8 percent from the previous year, to 50.6 million tonnes. Even though the each of the […]
  • Nina Chamlou
  • September 21, 2018

Florence stalls in U.S. mid-Atlantic coast, causing greater local flooding

The 100-mile-per-hour winds have begun to subside as the Category 1 Hurricane Florence slowly crossed the North Carolina coast this afternoon, but the enormous rainfall the stalled system has dumped on the area remains the top logistics concern, as widespread coastal flooding (see map above) and a 10-foot-high storm surge have left at least 30,000 […]
  • Randy Woods
  • September 14, 2018

American logistics companies brace for Florence supply chain disruptions

While Hurricane Florence appears to have weakened overnight to a Category 2 storm, it has maintained its vast size and slowed its forward momentum this morning, making the risk of serious supply chain  disruption even worse as it makes landfall later today in the Carolinas, bringing expected storm surges topping 10 feet along with rain […]
  • Randy Woods
  • September 13, 2018

With ‘restocking’ over, IATA predicts slow growth, higher yields in H2

The air cargo industry must prepare for slower growth in freight tonne kilometers (FTKs) in the second half of 2018, but should have stronger yields, thanks to high aircraft utilization that may offset rising costs, according to IATA’s latest “Cargo Chartbook” report for the third quarter. In the Q3 report, IATA said annual growth in […]
  • Randy Woods
  • September 13, 2018

Emirates reaches 1M ULD milestone in DXB-DWC trans-shipment service [VIDEO]

Since the opening of the Dubai World Central (DWC) airport in 2014, the United Arab Emirates’ aviation authority decided to shift all freighter flights from the older Dubai International Airport (DXB) to the new, larger DWC. To ensure that the substantial amount of belly freight from passenger planes still landing at DXB could be transferred […]
  • Randy Woods
  • September 12, 2018

Berlin 1948/49: The airlift to end all wars – and launch an industry

“Rugged,” said one airman of the rest of the crew involved in the largest air rescue operation in history. “Rugged as a sunovabitch.” These were the words relayed to American air cargo professionals in the seminal 1949 series of articles penned by Richard Malkin, the legendary original managing editor of Air Transportation magazine, which decades […]
  • Randy Woods
  • September 11, 2018

Turkish Cargo adds Kigali, Muscat to network

Turkish Cargo has added Kigali, Rwanda (KGL), and Muscat, Oman (MCT), to its network, strengthening its presence in East Africa and the Middle East. The carrier cited Kigali as “a serious export destination, especially for goods being shipped from Johannesburg.” The destination will be incorporated into the carrier’s existing Entebbe, Uganda (EBB), route, which now […]
  • Nina Chamlou
  • September 6, 2018

IATA reports only 2.1% air freight traffic growth for July

Today, IATA released its July report on demand for air freight capacity, which shows a slow-down in year-over-year growth, the slowest pace of growth seen since May 2016, despite members throughout the supply chain showing decent growth during the month. Deputy editor Caryn Livingston investigated for our sister publication, Cargo Facts. Follow the link below to read […]
  • Nina Chamlou
  • August 29, 2018

AAPA: 5 percent FTK growth in July

Today the Association Asia Pacific Airlines (AAPA) released its traffic results for the month of July, indicating a 5 percent growth in freight tonne kilometers (FTKs) among member airlines. “For the upcoming months, the global economic outlook remains positive, despite some concern that uncertainties over future trade policy could undermine business confidence international,” said Andrew […]
  • Nina Chamlou
  • August 27, 2018

LATAM reports improving cargo business, but still suffers Q2 net loss

Cargo operations continued to be a bright spot for the LATAM Airlines Group, which reported second-quarter cargo-related revenues of just under US$300 million, due to a 3.6 percent increase in cargo revenues and a 6.7 percent rise in yields. However, it was not enough to counteract to the 86.6 percent, year-over-year, decline in Q2 operating […]
  • Randy Woods
  • August 22, 2018

Panalpina warns of potential ground-handling gridlock during peak

While most of the focus in previous peak air cargo seasons was based on finding enough capacity before the busy end-of-year shopping spree, Panalpina said there is another threat lurking this fall at overcrowded cargo-hub airports. After reporting the handling of just under 1 million tonnes of airfreight in 2017, a new record for the […]
  • Randy Woods
  • August 21, 2018

ABC transports its 500th aircraft engine in 2018 [VIDEO]

In only the eighth month of the year, Russia-based AirBridgeCargo Airlines (ABC) has transported its 500th aircraft engine in 2018. The milestone, which has been reached earlier in the year than ever before at ABC, represents a 50 percent, year-over-year, increase in the carrier’s jet-engine transport traffic. Vasily Zhukov, global director of heavy and outsized […]
  • Randy Woods
  • August 21, 2018

July cargo traffic reports give hope for second half of 2018

Last month, when the tariff disputes were headline news and talk of “trade wars” dominated discussions about international logistics, there was a wave of nervousness that swept through the air cargo world about a dip in carrier performance for the month of June. Today, the concern is still present, but the numbers released about July’s air cargo […]
  • Randy Woods
  • August 17, 2018
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