Singapore Airlines reported April cargo traffic (measured in FTK) rose 4.3 per cent year-on-year to 517.3 million, as compared to a 4.7 per cent increase in capacity. Cargo load factor slipped 0.3 percentage points to 61.4 per cent last month. Load factor improved for South West Pacific (5.9 per cent) and West Asia/Africa (3.3 per cent) regions, but fell for East Asia, Americas and Europe, as demand did not keep pace with capacity changes. SIA’s systemwide passenger carriage … [Read more...] about SIA cargo traffic up 4.3% in April
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FedEx Trade Networks opens new Atlanta facility
FedEx Trade Networks, the freight forwarding and customs brokerage arm of FedEx Corp., opens its new Atlanta gateway office, which provides expanded service offerings to customers including a full portfolio of freight forwarding, customs brokerage and distribution solutions. The new office, located at the build-to-suit facility at Camp Creek Business Center at 3700 N. Commerce Drive in East Point, Ga., is 77,100 sq. ft. with 62,100 sq. ft. dedicated to warehouse and distribution … [Read more...] about FedEx Trade Networks opens new Atlanta facility
IAG Cargo expands German cargo operations
IAG Cargo is boosting its German cargo capacity by 18 per cent vs. last year. The new capacity will be introduced from Düsseldorf, Hannover, Stuttgart, Berlin Tegel, Frankfurt, Munich and Hamburg into Barcelona and will be carried on Vueling’s narrow-body aircraft. This increase to IAG Cargo’s network in Germany means customers will benefit from 47 additional direct flights from Barcelona into key European cities. In addition, this capacity will be used to connect to Madrid … [Read more...] about IAG Cargo expands German cargo operations
ACI: Slowed air freight growth in March
According to the latest statistics from Airports Council International (ACI) World, global air freight volumes grew 1.4 per cent for the month of March, although the first quarter saw an overall increase of 4.7 per cent year over year. The slowed growth in March comes after the upsurge in February due to the Lunar New Year and the modal shift towards air transport resulting from congestion at sea ports along the western coast of the United States. Growth rates across the globe were mixed … [Read more...] about ACI: Slowed air freight growth in March
Yusen opens larger JFK cargo facility
Third-party logistics service provider Yusen Logistics (Americas) Inc. is expanding in the Northeast to a larger facility at the JFK International Airport Center in Springfield Gardens, NY. The 32,134-square-foot warehouse opened on 27 April 2015, and employs a staff of 34. The facility offers a wide range of import and export services for both air freight and ocean cargo shipments, and features a walk-in-cooler to handle the company’s growing perishables and pharmaceutical business. … [Read more...] about Yusen opens larger JFK cargo facility
Saudi Cargo adds Paris to freighter network
Saudi Airlines Cargo has launched a new dedicated freighter service to Paris/Charles de Gaulle starting 22 May. This brings their destinations covered in France to 21 freighter destination. The new B747-400 freighter flights will operate twice a week to Paris/Charles de Gaulle on routing. Rainer Mueller, VP commercial (A) at Saudi Airlines Cargo, said: “Our focus is to improve connectivity and provide a growing network of destinations and quality operations to our customers.” … [Read more...] about Saudi Cargo adds Paris to freighter network