Following the successful spin-out of Liefery, time:matters, the international expert for same-day delivery and special speed logistics, is reporting a very strong development in the core business the first six months of the current fiscal year showing more than 13 per cent increase in revenue as compared to the previous year. The company continued the positive developments of 2014, which was the strongest year in the history of the company, with a turnover growth of 10 per cent. The … [Read more...] about Strong growth for time:matters, revenue up 13%
Air Cargo Asia
FAA completes Thai audit, cites 3 problems
A US Federal Aviation Authority (FAA) team concluded its initial audit of air safety in Thailand with three key problem areas identified. Transport Minister ACM Prajin Juntong said the three problems included a shortage of qualified DCA staff to carry out air safety inspections of airlines — a concern which had also been raised by the ICAO; a lack of qualified staff for aircraft being operated in the country and an incomplete aviation manual, which might be due to lack of staffing, according to … [Read more...] about FAA completes Thai audit, cites 3 problems
Is traditional freight forwarding model obsolete?
A combination of the erratic global air and sea freight markets, a growing shift in geographic focus towards the regional and the application of advanced technology and data analysis to the market is bringing the fate of the traditional freight forwarding model into question, according to a new report from Transport Intelligence (Ti). Ti’s annual Global Freight Forwarding 2015 report notes that capacity excesses and declining rates describes a tumultuous sea freight market, while air freight … [Read more...] about Is traditional freight forwarding model obsolete?
Air China Cargo to begin new Edmonton, Dallas service
Air China Cargo (ACC) has announced a new maindeck service to North America from 3 September. The B777F service will see six flights a week Shanghai-Edmonton-Dallas-Edmonton-Shanghai Edmonton making it the carrier's first scheduled freighter destination in Canada. ACC will use a high-volume-capacity B777F aircraft, serving Edmonton International Airport (EIA) located in the western province of Alberta, six times per week (three from Dallas and three from Shanghai). “This will be the first … [Read more...] about Air China Cargo to begin new Edmonton, Dallas service
NZ$1 million ‘lost’ at HKIA under Cathay’s care
Cathay Pacific’s procedures at Hong Kong International Airport have come under scrutiny after after one of 13 bags containing NZ$1 million (US$660,235) went missing during transfer from an aircraft to the cargo terminal. The incident happened on Friday night when a luggage box labeled 'G4S International' – a UK security firm – carrying 13 cash bags with about NZ$10 million was bound for the Bank of China. The money was reportedly transferred to the Cathay Pacific Cargo Terminal from the … [Read more...] about NZ$1 million ‘lost’ at HKIA under Cathay’s care
NZ$1 million ‘lost’ at HKIA under Cathay's care
Cathay Pacific’s procedures at Hong Kong International Airport have come under scrutiny after after one of 13 bags containing NZ$1 million (US$660,235) went missing during transfer from an aircraft to the cargo terminal. The incident happened on Friday night when a luggage box labeled 'G4S International' – a UK security firm – carrying 13 cash bags with about NZ$10 million was bound for the Bank of China. The money was reportedly transferred to the Cathay Pacific Cargo Terminal from the aircraft … [Read more...] about NZ$1 million ‘lost’ at HKIA under Cathay's care
