Agility, a leading global logistics provider, announced its full year financial results for 2011 with the Kuwait-based company posting an eight per cent rise in full year net profit for the year ending 31 December 2011 of KD 27 million (US$97.2 million). Revenue and operating profit for 2011 were KD 1.33 billion and KD 19 million, respectively. The company said it remains focused on growing profit through continued financial discipline and transformation of its operating platform with the … [Read more...] about Agility sees full-year 2011 profit up 8%
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Kerry Logistics acquires pharma logistics provider
Hong Kong-based Kerry Logistics has acquired Trustspeed Medicine Logistics in Taiwan through its member company Kerry TJ Logistics, which specialises in pharmaceutical logistics and distribution services. The company is subsequently re-branded as TS Logistics. Kerry said the acquisition will strengthen its capabilities in the pharmaceutical and healthcare logistics sector and extend its Asian distribution network in the market. “This is a major step forward for Kerry Logistics to … [Read more...] about Kerry Logistics acquires pharma logistics provider
New Cargolux B747-8F simulator world’s first FFS
Cargolux has announced that the world’s first full-flight simulator (FFS) for the new Boeing 747-8 freighter aircraft is ready for training at the company’s training centre in Luxembourg. Built by Canada-based CAE, the FFS received Interim Level C qualification from the ‘Direction de l’Aviation Civile’ (DAC) on 30 April 2012, Luxembourg’s national aviation authority, after the successful evaluation by the Luftfahrt-Bundesamt (LBA), the German counterpart of … [Read more...] about New Cargolux B747-8F simulator world’s first FFS
Air Pacific signs ULD deal with CHEP
Air Pacific, the national carrier of Fiji, has selected CHEP Aerospace Solutions to supply and manage its fleet of Unit Load Devices (ULDs) under a new threeyear contract. CHEP Aerospace Solutions is providing Air Pacific with containers and pallets from its global pool of more than 45,000 ULDs, eliminating the administrative hassle and reducing costs to Air Pacific of positioning, maintaining and managing its own ULD fleet. As Air Pacific transitions to a fleet of newer, more … [Read more...] about Air Pacific signs ULD deal with CHEP
Nordisk wins 6,000 ULD order from Emirates
Nordisk Aviation Products, a subsidiary of AAR Corp., announced a new, three-year contract to supply nearly 6,000 Nordisk UltraLite AKE (LD3) and Nordisk TwinLite AKE (LD3) containers to Emirates Airline. The agreement supports Emirates’ long-term commitment to improve fuel efficiency through lighter-weight Unit Load Devices (ULDs) without comprising structural integrity. “Emirates has been committed to reducing the ULD tare weight of a number of years and we have been … [Read more...] about Nordisk wins 6,000 ULD order from Emirates
Life’s a Beach!
Life’s a Beach! The Belly Ache department of Payload Asia would like to apologise for being a bit tardy in getting these Belly Ache items off our overworked chests. Considering the IATA World Cargo Symposium (WCS) – Ooops, we mean the World Cargo Symposium since IATA has boldly stripped its name off the trademark event in an act of industry warm fuzziness à la GACAG (something that is hopefully more convincing than that other rather lame attempt to de-brand the IATA … [Read more...] about Life’s a Beach!
