CEVA Holdings LLC reported results for the First Half of the year ended 30 June, 2017. “Our Q2 is a further improvement on Q1, delivering revenue, profitability and cash flow improvements despite market headwinds. Our underlying trading was even stronger,” said Xavier Urbain, CEO of CEVA. “The Excellence Program, with a relentless focus on impeccable execution and productivity is demonstrating a strong momentum and we shall see more impact in the coming quarters. We … [Read more...] about CEVA Holdings has strong revenue growth of 6.4% in Q2
New module by CSS-UK to speed up airfreight handling
The new CCS-UK module aims to accelerate air delivers and collections across the UK. Dubbed CCS-UK Advanced Info, it will enable freight agents and transport companies working on their behalf, to pre-alert handling agents of loads being delivered, down to House AWB level, as well as submit Electronic Consignment Security Declarations (eCSD). The emphasis of CCS-UK Advanced Info will be on simplicity and speed: integral data stores of all users, drivers, vehicles and transit sheds … [Read more...] about New module by CSS-UK to speed up airfreight handling
Atlas Air places three 747-400Fs with Hong Kong Air Cargo
Atlas Air Worldwide Holdings, Inc. announced the ACMI placement of three 747-400 freighters with Hong Kong Air Cargo Carrier Limited, a subsidiary of Hong Kong Airlines. The aircraft will be operated by Atlas Air, Inc. and will fly on behalf of Hong Kong Air Cargo through an aircraft, crew, maintenance and insurance agreement. The first aircraft will enter service in September 2017 and will serve routes between Asia and the United States. The second and third aircraft are expected … [Read more...] about Atlas Air places three 747-400Fs with Hong Kong Air Cargo
New managing director at American Airlines Cargo
American Airlines Cargo has announced the appointment of Lisa Oxentine as managing director, Global and Key Accounts – Cargo Sales. She takes over Roger Samways’ previous position, after his promotion to vice president of the Cargo Sales division earlier this year. Oxentine joined American Airlines in 1987 as a frontline customer service agent and brings a breadth of experience having held positions in a number of different departments. These include Passenger Service and … [Read more...] about New managing director at American Airlines Cargo
New Frapport AG appointment
As of October 1, Felix Kreutel will take over as head of Fraport AG’s Cargo Development & Management department. Commenting on his new task, Kreutel said: “The Air Cargo industry is currently undergoing enormous changes. The rise of new technologies requires enhanced cooperation among all cargo partners to ensure our competitiveness on the global market. Maintaining a close contact with our customers is therefore even more important than before. My team and I wish to be a reliable and … [Read more...] about New Frapport AG appointment
Air cargo experiences strongest first half year growth since 2010
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), grew by 10.4% in the first-half of 2017 compared to the first-half of 2016. This was the strongest first half-year performance since air cargo’s rebound from the Global Financial Crisis in 2010 and nearly triple the industry’s average growth rate of 3.9% over the last five years. Freight capacity, measured in available … [Read more...] about Air cargo experiences strongest first half year growth since 2010
