DHL Global Forwarding has launched its multimodal service linking Japan to its existing rail solution from China to Europe. Using a combination of trucking, sea and rail solutions, the seamless, scheduled service offers customers in Japan access to DGF China's rail freight solution which reduces the delivery time by up to half to between 10 and 21 days compared to solely using ocean freight and reduces costs by up to 85 per cent compared to airfreight. In addition, customers seeking … [Read more...] about DHL launches North Asian multimodal service
Express
Haitham Misto appointed RJ acting CEO
Royal Jordanian Airlines’ Board of Directors appointed Haitham Misto as acting president/CEO of the airline. Misto had been head of flight operations at RJ since December 2013. He joined Royal Jordanian as a pilot in 1983. He holds a master’s degree in aviation management from Maastricht University. … [Read more...] about Haitham Misto appointed RJ acting CEO
Panalpina delivers stable profits during turnaround
Panalpina kept up overall profitability in the first nine months of 2014. Undeterred by ongoing restructuring, group gross profit and EBIT both increased 1 per cent (currency adjusted +6 per cent and +4 per cent), reaching CHF 1,178.7 million and CHF 94.4 million respectively. EBIT loss in Logistics was reduced drastically to CHF 6.9 million for the period of January to September (down from CHF 26.8 million in the same period of 2013). Air freight and ocean freight volumes grew 4 per cent and 8 … [Read more...] about Panalpina delivers stable profits during turnaround
Hactl up 10.1% in third quarter
Hong Kong Air Cargo Terminals Limited (Hactl) has achieved 10.1 per cent growth in tonnage through its SuperTerminal 1 base in the first nine months of 2014, compared to the same period of 2013. Total cargo handled in the period was 1,323,250 tonnes. Imports in January-September increased 11.2 per cent YoY, to a total of 367,137 tonnes. Exports also grew by 7.6 per cent over 2013, reaching 748,443 tonnes. Transshipments continued to show the largest percentage growth, up 35.3 per cent on the … [Read more...] about Hactl up 10.1% in third quarter
LH Cargo appoints new board member
Alexis von Hoensbroech has been appointed new board member products & sales of Lufthansa Cargo. This means the supervisory board of the cargo airline has opted for an internal Lufthansa candidate to succeed Andreas Otto. Von Hoensbroech is currently "head of commercial Frankfurt" for Lufthansa Passage and responsible for network management, revenue management and commercial business management at the airline's biggest hub. The 44-year-old manager will take on his new position as of 1 … [Read more...] about LH Cargo appoints new board member
IATA: Air freight to grow 4.1% annually
The International Air Transport Association (IATA) Airline Industry Forecast 2014-2018 shows that international freight volumes are expected to increase at a CAGR of 4.1 per cent over the next five years. Emerging economies, particularly in the Middle East and Africa, will be the fastest-growing markets. “Air cargo remains as vital to the global economic system as ever. This year, more than US$6.8 trillion worth of goods, equivalent to 35 per cent of total world trade by value, will be … [Read more...] about IATA: Air freight to grow 4.1% annually