Beginning with the summer timetable (27 March), Lufthansa Cargo will market the belly capacity of Eurowings’ long-haul flights and makes Eurowings the third passenger airline whose belly capacities are marketed by Lufthansa Cargo. The other two services previously available to customers were the Lufthansa and Austrian Airlines cargo holds which offer additional capacity beyond the substantial maindeck capacity of Lufthansa Cargo's 17 freighters. The addition of Eurowings will allow Europe's … [Read more...] about Lufthansa Cargo to market Eurowings’ belly capacity
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Yusen Logistics-Australia acquires Hitech Asia Pacific
Global supply chain provider and freight forwarder Yusen Logistics announced that it has acquired Hitech Asia Pacific – a specialist in end-to-end process management of sensitive freight. The acquisition will diversify Yusen Logistics’ portfolio into technical services supply chain, including specialised services supporting the medical and business equipment sectors. Following the acquisition, Hitech, which employs 110 staff at eight locations across Australia and New Zealand, will become a … [Read more...] about Yusen Logistics-Australia acquires Hitech Asia Pacific
UPS appoints new region and business unit presidents
UPS has announced the appointment of Nando Cesarone as president for the UPS Europe Region, Ross McCullough as president for the UPS Asia Pacific Region and Cindy Miller as president of UPS Global Freight Forwarding. “Nando and Ross have honed their leadership skills with a broad range of assignments around the world and I know they will make a significant impact as presidents of the Asia Pacific and Europe Regions,” said Jim Barber, president, UPS International. “Like many of our … [Read more...] about UPS appoints new region and business unit presidents
ICAO issues clarifications on the lithium ion battery ban
The International Civil Aviation Organisation (ICAO) Council has issued clarifications on its earlier prohibition on the carriage of lithium ion batteries as cargo on passenger aircraft. Specifically, the UN aviation agency has issued the following clarifications: Passenger baggage: Lithium ion batteries carried by passengers in their personal electronic devices, whether in their carry-on or checked baggage, are not affected by this new restriction. Passengers must not pack spare … [Read more...] about ICAO issues clarifications on the lithium ion battery ban
Tough 2015 for forwarders, but possible 2016 recovery
With a “meagre” 2.0 per cent growth in cargo volumes globally in 2015, year-onyear and a precipitous 15 per cent slide in yields, the top 20 “elite group” of freight forwarders lost market share in this environment. But a recent report from HSBC suggests global trade should recover in 2016 as demand from developed economies picks up. By Donald Urquhart. Read More … [Read more...] about Tough 2015 for forwarders, but possible 2016 recovery
Asia Pacific airlines continue to see declining demand/load factors
Preliminary traffic figures for the month of January released today by the Association of Asia Pacific Airlines (AAPA) show soft conditions persisted for air cargo markets while robust growth in international air passenger demand continues. Weakness in global trade continued to hamper international air cargo markets for the region's carriers, as reflected in the 0.7 per cent decline in demand as measured in freight tonne kilometres (FTK) for the month. Freight load factors remained under … [Read more...] about Asia Pacific airlines continue to see declining demand/load factors
