IAG Cargo has launched EuroConnector, a new service that the company says is a simple, cost effective and time-definite option for shipping freight into, around and out of Europe. The launch has been timed to coincide with peak business demand in the run up to Christmas. Businesses that currently rely on truck networks when connecting globally to or from Europe can now take advantage of the carrier’s short-haul network through a simply-priced tariff. Connecting to the 114 European … [Read more...] about IAG Cargo launches EuroConnector
DB Schenker opens Brisbane cold storage facility
DB Schenker opens a new freight forwarding facility in Queensland, Australia to handle dry and perishable freight. The company said that the new Eagle Farm facility at Trade Coast Central, 9km from Brisbane’s International Airport, complements its existing dry freight handling capabilities with the inclusion of 1,100 square metres (sqm) of cool rooms. The addition of the cool rooms will enable the company to handle the import and export of healthcare and perishables products including … [Read more...] about DB Schenker opens Brisbane cold storage facility
GAC Marine shifts central office to Singapore
In a move that brings it closer to key Asian markets, ship spares logistics specialist GAC Marine Logistics (GML) has relocated its head office to Singapore. The Asia Pacific region is home to a large number of ship owners and ship management companies who take advantage of the GML door-to-deck sourcing and delivery solution. By moving the company’s central hub from Dubai in the UAE to Singapore, GML is placing itself at the heart of that growing market as well as in the same time … [Read more...] about GAC Marine shifts central office to Singapore
Karpeles, Ruslan move helicopter from UK to Africa
Ruslan International – the JV company that manages and markets the 17 AN-124 freighters belonging to its owners, Antonov Airlines and Volga Dnepr Airlines – has partnered with German charter broker Karpeles Flight Services (part of DB Schenker) to move a new AW101 helicopter from the UK to Africa. AgustaWestland flew the helicopter from its Yeovil factory in the UK southwest to London Stansted Airport, where the manufacturer’s technicians dismantled the aircraft and stored … [Read more...] about Karpeles, Ruslan move helicopter from UK to Africa
Middle East air cargo surges 17% in September
Air cargo volumes in the Middle East recorded the strongest growth in September than in other region, according to new data released by the International Air Transport Association (IATA). Cargo volumes carried by the region’s carriers grew by 17 per cent YoY, while capacity expanded 14.5 per cent. The region was well ahead of its geographic rivals with Africa showing the next best growth in September of 11.5 percent. Globally, IATA said air freight demand in September, measured … [Read more...] about Middle East air cargo surges 17% in September
NOL reduces YTD core EBIT loss
Singapore-based NOL group has reported a net loss of US$23 million in the third quarter of 2014, and for the year to date a core EBIT shortfall of US$59 million, 31 per cent less than for the same period last year. The company stated that its cost management and efficiency drive delivered US$290 million of cost savings year-to-date. The cuts in expenditure were primarily achieved through a more efficient fleet and network optimisation. However, these savings were largely offset by lower rates, … [Read more...] about NOL reduces YTD core EBIT loss
