Airports Council International (ACI) statistics show diverging results for passenger and air freight traffic in the month of May. Robust growth in passenger traffic was led by Asia-Pacific and the Middle East, but on the other hand, weak growth in air freight coupled with significant declines in major international air freight hubs raises concerns about the second half of the year. While international tourism remains buoyant, the weaker than expected economic performance of Europe … [Read more...] about Euro concerns, Asia slowdown signal ongoing trepidations
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Conqueror Freight Network adds RBS Logistics in Georgia
The addition of RBS Logistics Ltd in Georgia to Conqueror Freight Network’s membership has elevated it to the position of 2nd largest freight forwarder network in the industry, according to the group, which now covers 123 countries. “The purpose of a freight network is about enabling members to compete with the multinationals. Having excellent network coverage is essential because the multinationals have offices in every corner of the globe,” explained Conqueror managing director, Antonio … [Read more...] about Conqueror Freight Network adds RBS Logistics in Georgia
Brussels Airlines switches out ECS for ALG
Europe's Brussels Airlines Cargo has appointed Air Logistics Group (ALG) as its new global GSSA with effect from 1 September, replacing European Cargo Services (ECS). The airline says that last year, its cargo traffic grew 34 per cent on north Atlantic routes and in the past five years the cargo division has seen double digit growth network-wide. The airline is currently developing a pharmaceutical product in partnership with Brussels Airport. … [Read more...] about Brussels Airlines switches out ECS for ALG
Air Canada to deploy new B787-8 to Brisbane
Commencing on 17 June 2016, Air Canada will begin a new direct service Vancouver-Brisbane, Australia three times weekly with its new fleet of B787-9 Dreamliners. “Air Canada continues to strategically expand its international network with the addition of our second Australian destination – Brisbane,” said Calin Rovinescu, Air Canada’s president & CEO. “The new route increases our presence in the Asia Pacific market at a time when trade and travel in the region and between North America is … [Read more...] about Air Canada to deploy new B787-8 to Brisbane
CEVA wins contract extension in US from Volvo
CEVA Logistics has won a two year extension for customs brokerage services with Volvo Cars of North America. The company, headquartered in Rockleigh, New Jersey, is the US subsidiary of the Swedish luxury automotive manufacturer. CEVA’s US customs brokerage team had been providing services to Volvo through an initial one year contract, which was subsequently extended. “The decision to extend our contract with CEVA for customs brokerage services was straightforward, based upon the outstanding … [Read more...] about CEVA wins contract extension in US from Volvo
FedEx may place $13 billion aircraft order
FedEx may be on the verge of a US$10 billion order for 50 or more B767-300Fs and up to 10 B777Fs worth another $3.2 billion at list prices, according to a report in Leeham News and Comment citing "Market Intelligence". The US-based integrator currently operates a fleet of approximately 374 widebody aircraft including 94 A300/310s, 112 B757-200s, 121 ageing MD-10/11s, 22 B767-300s with another 31 on order and 25 B777-200Fs with another 18 on order. A decision on the massive order is … [Read more...] about FedEx may place $13 billion aircraft order
