The HK$5.9 billion (US$720 million) Cathay Pacific Cargo Terminal at Hong Kong International Airport, which began operations in February last year and became fully operational in October, has been officially opened. The terminal is a wholly-owned subsidiary of Cathay Pacific Airways Limited. Chief executive of the Hong Kong special administrative region Leung Chun-ying said at the opening: “Maintaining Hong Kong’s position as an international aviation hub hinges on two … [Read more...] about Cathay cargo terminal officially opens at HKIA
Logistics
Agility boosts trucking shuttles in Malaysia
Agility, a leading global logistics provider, has increased the frequency of its trucking shuttle service to a daily frequency, linking key warehouses and cities in Malaysia. The daily shuttle will connect the company’s warehouses in Kuala Lumpur, Johor Bahru and Malacca and the service is supported by a fleet of trucks, including Agility’s own plus other selected partners. “This is part of our ongoing investment to further develop our capabilities and improve our customer … [Read more...] about Agility boosts trucking shuttles in Malaysia
Air cargo continues fragile recovery: IATA
The International Air Transport Association (IATA) released figures showing a small improvement in air freight growth in October, with global freight tonne kilometers (FTK) up four per cent compared with October 2012, with growth in all regions except Africa. IATA said the gradual expansion continues a trend that began in the third quarter as air freight markets have responded to better economic confidence and improved consumer demand. However, performance varies significantly by region, … [Read more...] about Air cargo continues fragile recovery: IATA
China’s HNCA, Luxembourg strike deal on Cargolux stake
Chinese investment group, Henan Civil Aviation Development and Investment Company (HNCA), the investment vehicle of the Chinese province of Henan, is reported to have been given the green light to purchase the 35 per cent shareholding up for sale in state-owned Cargolux. Xavier Bettel, the incoming prime minister of Luxembourg, informed parliament of the decision in a speech on 29 November, according to media reports. Bettel also told parliament that HNCA had committed to … [Read more...] about China’s HNCA, Luxembourg strike deal on Cargolux stake
Ruslan cargo doubles Phil’s aid handling capacity
Ruslan International – the company which manages and markets the combined Antonov An-124 fleets of its shareholders Antonov Airlines and Volga Dnepr Airlines – has carried a vital shipment of airport cargo handling equipment from Amsterdam to Cebu, Philippines. The equipment is assisting in the ongoing processing of international relief cargo, following the devastating Typhoon Haiyan. Largest item of the 85 tonne load was a dual-platform maindeck loader, capable of … [Read more...] about Ruslan cargo doubles Phil’s aid handling capacity
China's HNCA, Luxembourg strike deal on Cargolux stake
Chinese investment group, Henan Civil Aviation Development and Investment Company (HNCA), the investment vehicle of the Chinese province of Henan, is reported to have been given the green light to purchase the 35 per cent shareholding up for sale in state-owned Cargolux. Xavier Bettel, the incoming prime minister of Luxembourg, informed parliament of the decision in a speech on 29 November, according to media reports. Bettel also told parliament that HNCA had committed to … [Read more...] about China's HNCA, Luxembourg strike deal on Cargolux stake
