Qatar Airways group chief executive, his excellency Akbar Al Baker, Fabrice Brégier, Airbus president and chief executive officer (left), and Michael Muller, member of the executive board and executive director of labour relations, FRAPORT (right) at the Frankfurt press conference. Global launch customer Qatar Airways’ inaugural A350 XWB flight was welcomed on 15 January 2015, at Frankfurt Airport. The first flight officially marked the start of the A350 XWB service between … [Read more...] about Qatar Airways’ first A350 flight lands in Frankfurt
Freight Forwarders
PACTL sets new record for freight volumes in 2014
Shanghai Pudong Int’l Airport Cargo Terminal Co., Ltd. (PACTL) has achieved tonnage growth of 16.15 per cent year-on-year, reaching a total figure of 1,502,113 tonnes of freight in 2014. After setting a series of monthly records, PACTL has now registered the strongest annual results in the company’s history. PACTL’s domestic cargo volume grew by 6.25 per cent year-on-year to 97,336 tonnes in 2014, while its international cargo volumes rose by 16.91 per cent to 1,404,777 … [Read more...] about PACTL sets new record for freight volumes in 2014
SingPost acquires 90% stake in Famous Pacific
SingPost has acquired a 90 per cent stake in Famous Pacific Shipping (NZ) Limited (FPSNZ) through its subsidiary Famous Holdings Pte Ltd. Famous Holdings has paid an initial consideration of NZ$3.6 million (US$2.82 million) for the stake and certain debts owing by FPSNZ to the vendors. A potential earn-out consideration of effectively up to NZ$4.4 million based on the adjusted actual net profit after tax of FPSNZ may also become payable, potentially bringing the total consideration up to … [Read more...] about SingPost acquires 90% stake in Famous Pacific
Lufthansa Cargo reports 2.7% dip in 2014 volumes
Despite a slight decline in transported cargo volume, Lufthansa Cargo said it was able to maintain its capacity utilisation last year with a cargo load factor of 69.7 per cent (2013: 69.9 per cent). Faced by tough competition, the cargo airline transported around 1.7 million tonnes of freight and mail in 2014, posting a slight year-on-year decline of -2.7 per cent. In the past financial year, Lufthansa Cargo focused on a flexible and demand-driven management of its capacities with the aim of … [Read more...] about Lufthansa Cargo reports 2.7% dip in 2014 volumes
Radiant expands distribution-by-air network
Radiant Logistics expands its distribution-by-air network to Los Angeles, California. The company said the new location will leverage Radiant's robust technology platform, purchasing power and global network to provide a comprehensive level of domestic and international freight forwarding and logistics services. Kelli Spiri and David Frear will lead DBA-Los Angeles and leverage their over 50 years of combined experience in servicing their diversified base of domestic and international … [Read more...] about Radiant expands distribution-by-air network
Swiss, Cargologic and SATS form quality alliance
Swiss WorldCargo and its partner ground handling companies Cargologic and SATS have concluded a memorandum of understanding (MoU) aimed at further enhancing their cargo handling and information services. The MoU, outlines the basis for the partners’ future collaborations and alignments in areas such as quality, e-initiatives, temperature-controlled transport management and specialised handling solutions. The new agreement establishes a ‘quality alliance’ among … [Read more...] about Swiss, Cargologic and SATS form quality alliance
