Panalpina confirms DSV takeover bid for US$4 billion

This morning, the Panalpina board of directors confirmed that it had received an unsolicited, non-binding proposal from Danish logistics rival DSV to purchase the Swiss forwarding giant.  The offer was for CHF170 per share, from a combination of cash and DSV shares, adding up to about US$4 billion. The board stated that “according to its […]

Lufthansa, Fraport expand ground handling relationship at FRA

 Deutsche Lufthansa AG and Fraport AG have inked a new contract to go into effect on Jan. 1 that will extend their relationship at Fraport’s subsidiary airport, Frankfurt International Airport (FRA), for another seven years. In the new agreement, Fraport’s ground handling unit will continue to be responsible for services like cargo loading and unloading […]
  • Nina Chamlou
  • December 20, 2018

Panalpina anticipates airfreight growth during Q4 following slow Q3

Panalpina said it is anticipating “good growth” in demand for airfreight in its fourth quarter results, driven by China-Europe, Europe-U.S. and China-U.S. trade lanes and demand for charter services, but emphasized its 2018 end-of-year results “won’t be as strong as the previous year.” The forwarder is emerging from a sluggish third quarter, in which its […]
  • Nina Chamlou
  • December 19, 2018

IAG Cargo to launch route connecting U.K. to Pakistan

This week, United Kingdom-based IAG Cargo said it will launch a direct route from its London Heathrow (LHR) hub to Islamabad, Pakistan, to begin next spring, in a move to increase its connections between Europe and Southeast Asia. The service will launch in June 2019 and run three times a week, year-round, offering 15 tonnes […]
  • Nina Chamlou
  • December 19, 2018

BIFA welcomes funding for increased U.K. customs training

British forwarders have been on edge for months as the coming Brexit deal creates more uncertainty in the European cargo business every day. But regardless of how the separation of the United Kingdom from the European Union works out, one area of the business that many agree needs strengthening is customs brokerage, which is the […]
  • Randy Woods
  • December 19, 2018

Semcon, Lundberg Hymas developing autonomous vehicles for airports

In line with the global trend of implementing autonomous vehicles in cargo operations, Sweden-based behavioral technology company Semcon announced today that, in partnership with Swedish tractor manufacturer Lundberg Hymas, it will be developing new autonomous vehicles for the Swedish Civil Aviation Administration (LVF). For the project, Semcon will develop the technology for the vehicle, and […]
  • Chelsea Toczauer
  • December 19, 2018

3 logistics companies weigh in on the potential of a ‘no-deal’ Brexit

With peak season upon us and the Brexit deadline creeping ever closer, the anticipation surrounding the potential impact to affected supply chains connecting the United Kingdom to the European Union. is growing uneasily. At present, there have been few updates from U.K. or E.U. officials regarding their progress on trade negotiations, leaving the logistics community […]
  • Nina Chamlou
  • December 18, 2018

Lufthansa Cargo launches its own dangerous goods app

This week, Lufthansa Cargo deepened its foray into the digitalization of its operations with the launch of a dangerous goods declarations (DGD) app, DGD.online, which will serve as a platform for shippers of dangerous goods to perform the traditionally paper-based process via a time-saving app. DGD.online is not the carrier’s first foray into the digitalization […]
  • Nina Chamlou
  • December 18, 2018

ABC expands its track-and-trace offerings with Unilode

Specialty cargo carrier AirBridgeCargo (ABC), a subsidiary airline of the Volga-Dnepr Group, is investing further in its track-and-trace offerings with the extension of its longtime cooperation with Swiss unit load device (ULD) supplier Unilode, in which ABC is upgrading its Bluetooth tracking devices for ULDs, pallets and containers. The transmitting portable electronic devices (TPEDs) will […]
  • Nina Chamlou
  • December 18, 2018

Siemens, Gaussin agreement expands airport logistics and cargo handling services

Today, German-based Siemens Postal, Parcel & Airports Logisticsand French engineering company Gaussin Manugistique signed an agreement for the global commercialization of autonomous guided vehicles (AGVs) for the transportation ofULDs at airports. Under the agreement,Siemens will contribute conveyer and baggage handling technology and Gaussin will contribute its automated vehicles. The AGVs are designed for use at […]
  • Chelsea Toczauer
  • December 18, 2018

China Airlines’ ramp operations for ULDs go paperless

In an effort to reduce its reliance on paper-based system and improve efficiency, China Airlines told Air Cargo World today that it has completed testing of its Mobile Ramp Project, which involves the use of handheld digital devices that can scan and track each ULD as they are loaded. The Taiwan-based carrier has been using […]
  • Randy Woods
  • December 17, 2018

Budapest Airport plans growth strategy for Asia with new routes

Today, Budapest Airport (BUD) announced its new growth strategy for Asia, set to launch in the new year, which includes the addition of several direct freighter and belly cargo routes to China. Although details on schedules and frequency are still to be determined, the new flights are expected to begin operations next summer. The new […]
  • Chelsea Toczauer
  • December 17, 2018

Alibaba enters strategic partnership with Volga-Dnepr Group

Alibaba is making moves to further tap into Western markets in a new partnership with the Russian airline conglomerate Volga-Dnepr Group. Today, the e-commerce giant’s logistics unit, Cainiao, signed a memorandum of understanding (MOU) with Volga-Dnepr Group to utilize its trans-Eurasian-focused subsidiary carriers’ networks, and to each “leverage their respective logistics assets in Asia, Europe […]
  • Nina Chamlou
  • December 17, 2018

K+N adds pharma facility in Slovenia

Swiss forwarder Kuehne + Nagel is increasing its foothold in pharma logistics with the addition of a new distribution center and warehouse in Slovenia for its healthcare-oriented clients near Ljubljana Airport (LJU), which it said is one of the largest facilities in its international cool-chain network, “KN PharmaChain.” The 38,000-square-meter facility has capacity for about […]
  • Nina Chamlou
  • December 17, 2018

Cargolux launches HKG-MEX route, as JV with HNCA may be on pause

This week, Luxembourg-based Cargolux added another trans-Pacific flight to its portfolio, connecting Hong Kong (HKG) to Mexico City (MEX) on a twice-weekly route that will stop once per week in Guadalajara (GDL). The inaugural flight departed from HKG on Dec. 10 carrying 120 tonnes of cargo on one of its 747 freighters. Kevin Shek, vice […]
  • Nina Chamlou
  • December 14, 2018
Page 5 of 436« First...34567 102030...Last »