Preliminary traffic figures for the month of June released by the Association of Asia Pacific Airlines (AAPA) showed continued expansion of both air freight and international passenger markets. For the region's carriers, demand for air freighted goods continued to grow in the month of June, helped by positive consumer and business sentiment in major developed economies. Overall, air freight demand in freight tonne kilometre (FTK) terms grew by an encouraging 4.7 per cent … [Read more...] about Asia Pac carriers see 4.7% rise in cargo demand
Logistics
Air freight confidence up slightly in July
The Stifel Logistics Confidence Index for July has made a slight gain in July but continues the month-by-month fluctuations that have been occurring through much of this year. Since February the overall Index (air and sea freight combined) has increased one month and then declined the next reaching its high so far this year in May at 57.9. For the current month, the index is up 0.9 points over June to 56.1. The overall air freight confidence index has yet to return to this year’s high … [Read more...] about Air freight confidence up slightly in July
Cargolux welcomes 10th B747-8 freighter
Cargolux Airlines International will take delivery of its 10th B747-8 freighter from Boeing on 25 July. The aircraft, named ‘City of Contern’, is scheduled to leave Boeing’s Paine Field in Seattle on 24 July and after stopovers at Seattle Tacoma and Calgary, where the new freighter picks up a load of cargo, it will arrive in Luxembourg on 25 July. "The delivery of the 10th 747-8F has helped us bring down the average age of our fleet - already one of the youngest in the … [Read more...] about Cargolux welcomes 10th B747-8 freighter
Panalpina sees solid half-year results
International freight forwarding and logistics company Panalpina improved overall profitability in the first half of 2014 with group gross profit and EBIT, which were significantly impacted by currencies, both increased two per cent reaching CHF 777.9 million (US$862 million) and CHF 60.1 million respectively. Logistics contributed to the solid results by cutting losses and expanding its value-added services, the group said. Air freight and ocean freight volumes grew four and eight per cent … [Read more...] about Panalpina sees solid half-year results
Jan de Rijk renews contract with Singapore Airlines Cargo
Jan de Rijk Logistics has announced that it has signed a prolongation agreement for Road Feeder Services with Singapore Airlines Cargo. The extension of the current contract is a positive development in the current air cargo market and proof of the trust Singapore Airlines Cargo has in the company's extensive trucking network, the Dutch logistics company said. Jan de Rijk Logistics will provide European trucking services to Singapore Airlines Cargo as preferred supplier at their main … [Read more...] about Jan de Rijk renews contract with Singapore Airlines Cargo
Dachser now sole shareholder in South Korea
German logistics company, Dachser, is now operating business in South Korea as Dachser Korea Inc., effective 1 July. The global logistics provider has had presence in the Republic of Korea (South Korea) since 2006 as MGI & Dachser Inc. In December 2013, Dachser acquired the remaining 50 per cent of the joint venture. Alongside the renaming of the company, Dachser also moved into new offices in Seoul. The head office of the company is located in Seoul with another office in the southern … [Read more...] about Dachser now sole shareholder in South Korea
