Barely eight months into his retirement, former global head of cargo for the International Air Transport Association (IATA), Des Vertannes has re-joined the air cargo industry, taking up a role as strategic advisor for IT firm, SmartKargo. Announcing Vertannes’ new role in the company, Jay Shelat, SmartKargo executive VP, Sales and Marketing said: "We are fortunate to have Des on board. “Des’ more than four decades of air cargo experience, … [Read more...] about SmartKargo pulls a coup, brings Vertannes onboard
Freight Forwarders
K+N posts a solid 2014 result
It was all-good for Kuehne + Nagel (K+N) in 2014 as the logistics giant posted a 6.1 per cent rise in earnings for the year on the back of improved business across its sectors - seafreight, airfreight, land and contract logistics. In 2014 K+N recorded a net turnover of CHF 17,501 million, up 1.9 per cent (in constant currencies 5.1 per cent) higher than in the previous year. Gross profit rose by 0.5 per cent (in constant currencies 2.9 per cent) to CHF 6.288 million and the operational … [Read more...] about K+N posts a solid 2014 result
Qatar dispels rumours of withdrawing from Japan
Qatar Airways has reaffirmed its commitment to its Japanese routes and denied the recent rumours of withdrawing from Japan following participation in the Qatari-Japanese Economic Forum held in Tokyo on Friday, 20 February 2015. The comments came following a forum visit led by the Emir of the State of Qatar, His Highness Sheikh Tamim bin Hamad Al-Thani, and a group of VIP dignitaries from Qatar’s most significant organisations and companies. Qatar Airways Group chief executive, His … [Read more...] about Qatar dispels rumours of withdrawing from Japan
More red ink for Air France-KLM
Air France-KLM group full year results for 2014 reveal flat revenues of €24.9 billion and EBITDA of €1.5 billion, down €266 million. Excluding last year’s damaging strike, EBITDA rose €159 million to €2 billion. The adjusted net result was a loss of €535 million. Aside from various earlier announcements on restructuring of the cargo division, little more was revealed at the annual results briefing. “I won’t dwell on cargo,” said chief … [Read more...] about More red ink for Air France-KLM
Seko opens 8th office in UK
Keith O’Brien Seko Logistics has opened an additional branch office in Felixstowe to support its freight forwarding logistics operations at the freight terminal. The new office is under the leadership of directors David Hill and Jamie Harrold, who have both joined Seko Logistics from CEVA. Seko’s network of operations in the UK now extends across eight locations, which also include a new London Heathrow base opened in 2014 and a 152,000 square feet logistics centre to support its … [Read more...] about Seko opens 8th office in UK
Airlines in APAC report cargo growth in Jan
Preliminary traffic figures for the month of January released by the Association of Asia Pacific Airlines (AAPA) showed continued steady growth in air cargo demand. Import-export activity leading up to the Lunar New Year festive period contributed to a 7.0 per cent increase in international air cargo demand, as measured in FTK. The average international freight load factor continued to strengthen, recording a 1.3 percentage point increase to 61.8 per cent on a 4.8 per cent increase in … [Read more...] about Airlines in APAC report cargo growth in Jan
