Positive economic indicators coming out of Europe, Asia and the US over the last ten days give reason to forecast a recovery in the global logistics and express industry. However, for global freight and parcel volumes and revenues to rebound significantly there will need to be major improvements in consumer confidence, industrial output and subsequent international trade volumes, according to new research by independent market analyst Datamonitor. … [Read more...] about Datamonitor: Positive economic signs a start
Ground Handling & Cargo Terminals
Fraport planning 8.4% hike in fees
German airport operator Fraport plans to raise its fees and is currently in talks with airlines on the matter, Reuters reported. The Frankfurt airport operator is proposing to raise fees by 8.4 per cent from the beginning of 2010 to fund its expansion in Frankfurt. … [Read more...] about Fraport planning 8.4% hike in fees
New linked canopies offer extra protection to cargoes
Hong Kong Air Cargo Terminals Limited (Hactl) has completed the construction of three external canopies at the northeastern corner of SuperTerminal 1. The three linked canopies cover 2,192 square metres in total and can simultaneously accommodate air cargoes for two 747-freighters under shelter, with enhanced protection against adverse weather. The total investment of the project is approximately HK$21 million (US$2.7 million). … [Read more...] about New linked canopies offer extra protection to cargoes
AeroLogic appoints Asia Airfreight Terminal
Asia Airfreight Terminal (AAT) has been appointed by AeroLogic as its cargo handling agent at the Hong Kong International Airport. AeroLogic, a joint venture cargo airline of DHL Express and Lufthansa Cargo, is the first airline to operate the new B777F. AeroLogic offers Lufthansa Cargo services on the Europe- Asia trade lane between Leipzig, Tashkent and Hong Kong and DHL Express services between Leipzig, Bahrain, Singapore and New Delhi. … [Read more...] about AeroLogic appoints Asia Airfreight Terminal
Fraport ties up with Pulkovo Airport
Russia-based VTB Group, the administration of Saint-Petersburg and Fraport AG Frankfurt Services Worldwide signed a memorandum of intentions to develop Pulkovo Airport into an international transport hub. The memorandum is signed following the results of the tender to sign an agreement with the government of Saint-Petersburg on public private partnership. … [Read more...] about Fraport ties up with Pulkovo Airport
Sale of Gatwick stalls over offer price
The sale of Gatwick, the UK’s second largest airport, has stalled following the refusal of the leading bidder – a consortium involving the Manchester Airports Group (MAG) and Canadian Infrastructure firm Borealis – to raise its offer. MAG refused to raise its bid beyond £1.4 billion (US$2.3 billion), below the £1.8 billion Gatwick owner BAA originally quoted and the £1.5 billion it is currently reported to be asking for. … [Read more...] about Sale of Gatwick stalls over offer price