The Cargolux management and its union partners OGBL and LCGB have achieved a major breakthrough in today’s round of negotiations on a new collective work agreement (CWA) for the airline’s staff. Cargolux said it, "clears the road to growth and financial sustainability, sealing a strong pact for the future of the Cargolux Group where all parties underline that they share a common vision for stability, sustainable growth and prosperity at Cargolux." The carrier noted the "perseverance of the … [Read more...] about Cargolux, unions finally seal a deal
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Oct sees more of same in air cargo markets: AAPA
Preliminary traffic figures for the month of October released by the Association of Asia Pacific Airlines (AAPA) reveal that growth in international air passenger demand remained encouraging, whilst soft air cargo market conditions persisted. Demand for air cargo shipments fell slightly in October, on the back of continued weakness in export-import activities in major regional economies, including China, India and Japan. Measured in freight tonne kilometre (FTK) terms, air cargo demand edged … [Read more...] about Oct sees more of same in air cargo markets: AAPA
Amazon looks to be quietly testing own air cargo ops from Wilmington
E-commerce giant Amazon looks to be taking steps to operate its own air freight service to compete with the likes of FedEx and UPS, with tests taking place out of DHL’s former US hub in Wilmington, Ohio. The aim would be to improve efficiency and cut its US$4.2 billion (2014) net shipping costs. A posting on Airline Pilot Forums in late October by an individual claiming to be a pilot said that two B767s were in operation for Amazon. Various media reports have suggested the tests, said to be … [Read more...] about Amazon looks to be quietly testing own air cargo ops from Wilmington
Stifel Logistics Confidence Index lowest in three years
For the sixth successive month, the Stifel Logistics Confidence Index has declined again in November, falling to the lowest registered in three years. The monthly decline registered in air freight was more moderate than that witnessed in sea freight, however, with the former was down by 0.4 points to 48.9, while sea freight dropped 2.8 points, amounting to 46.1. The continuation of negative macroeconomic trends at the global level, primarily a result of the lethargic Chinese economy, … [Read more...] about Stifel Logistics Confidence Index lowest in three years
CEVA opens new multi-user warehouse in Malaysia
CEVA Logistics has opened its Central Distribution Center (CDC) 2 at Shah Alam, Malaysia, 25km from Kuala Lumpur. Constructed on the same site as CEVA’s CDC1 at Bukit Jelutong, Shah Alam, CDC2 offers 33,000 sqm of additional warehousing and office space. The combined warehouse footprint of the new CDC2 and the existing CDC1 now totals approximately 67,000 sqm, making it the largest site in CEVA’s Southeast Asia (SEA) cluster, which comprises Singapore, Malaysia and Indonesia. CEVA’s … [Read more...] about CEVA opens new multi-user warehouse in Malaysia
Air Partner winds down Ebola relief work
Air Partner is winding down its Ebola relief work after more than a year as Sierra Leone is declared Ebola-free. The weekend of the 7-8 November marked a promising milestone in the fight against Ebola, with Sierra Leone being declared Ebola-free by the World Health Organisation and no new cases reported in Guinea – a first since the epidemic broke out in March last year. While the war against the disease is by no means over nevertheless, huge progress has been made since the peak of the … [Read more...] about Air Partner winds down Ebola relief work
