Ethiopian Airlines Cargo Terminal, which is under construction currently, has reached 82 per cent completion and it is scheduled to be operation by April 2017, the African carrier said. The first phase of the Addis Ababa terminal cost around US$150 million, according to a report by Ethiopian News Agency. The terminal will have an capacity of 1.2 million tonnes of cargo including facilities for perishable goods. The facility can also handle up to eight B747-400 freighters at one time. … [Read more...] about Ethiopian cargo terminal set for operation by April ‘17
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Freight Forwarders
Oct a good month for cargo, up 6.2%: WorldACD
WorldACD has reported that the September YoY volume growth of around 5.0 per cent was eclipsed by the 6.2 per cent YoY growth in volumes in October. American and European carriers contributed most to the 3.0 per cent MoM growth in yields (in USD), a higher MoM growth for this month than in previous years. With that yield improvement, October was clearly a good month for air cargo, WorldACD noted. It added that the real growth may even be somewhat understated, as October 2016 had less "good cargo … [Read more...] about Oct a good month for cargo, up 6.2%: WorldACD
American Airlines Cargo benefits from B787-9 on int’l routes
American Airlines has launched its international B787-9 service between Dallas/Fort Worth (DFW) and Madrid Barajas (MAD) in Spain, offering cargo customers up to 36 LD3 positions, or 12 pallets, depending on the market. The B787-9 is also currently operating from DFW to Sao Paulo (GRU) and, in January, will be added to the DFW-Paris (CDG) route. Similarly, in February of 2017, cargo customers will also benefit from the use of the new B787-9 between DFW and Incheon (ICN). "The introduction … [Read more...] about American Airlines Cargo benefits from B787-9 on int’l routes
Vladimir Zubkov to be TIACA’s new secretary general
The International Air Cargo Association (TIACA) has announced its new secretary general, will be Vladimir Zubkov, replacing Doug Brittin, who retires at the end of the year. Zubkov has more than 40 years’ experience in the air transport industry, including senior roles with the International Civil Aviation Organisation (ICAO), and, most recently, as vice president of the Volga-Dnepr Group of Companies. He has been a member of the TIACA Board since 2011 and is the chairman of the Industry … [Read more...] about Vladimir Zubkov to be TIACA’s new secretary general
WCA launches e-commerce logistics network
WCA Ltd has launched the world's first dedicated eCommerce logistics network in response to the changing global economy and a marked shift towards online consumerism. The network is open to all players in the cross-border eCommerce supply chain, according to WCA. "By 2020 it is projected that freight forwarding will be 20 per cent eCommerce driven," said David Yokeum, founder and chairman of WCA. "Our decision to become involved in eCommerce is a direct result of these projections. Our utmost … [Read more...] about WCA launches e-commerce logistics network
Agility posts solid 3Q results despite revenue decline
Agility has announced its financial results for the third quarter of 2016, reporting a net profit of KD15.17 million (US$50 million), an increase of 11 per cent compared to the third quarter of 2015, despite revenues being down 7.0 per cent over the same period to KD312 million. EBITDA stood at KD28.90 million, a 19 per cent increase compared to the same period in 2015. Tarek Sultan, CEO of Agility, said: “We have now been seeing continuous underlying increase in the profitability of the … [Read more...] about Agility posts solid 3Q results despite revenue decline
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