In this week’s global wrap, we feature new routes to Munich by Turkish Cargo and CMA CGM’s new air cargo services to Dubai, Beirut and Istanbul. We also cover Volga Dnepr’s transport of Russian made vaccines, as well as Blue Dart’s newly formed consortium to test the viability of delivering medical supplies by drone to India’s remote parts. We round up with B2B and company updates from CEVA Logistics, Airbus, Pratt & Whitney and SpiceJet. Turkish Cargo opens new air freight link to … [Read more...] about PLA Global Wrap: Week 19
Air & Cargo Services
ST Engineering, Temasek set up cargo jet leasing venture
ST Engineering last week announced that its wholly owned aviation asset management unit has entered into an agreement with Singaporean holdings company Temasek to set up a 50-50 joint venture (JV) for cargo aircraft leasing. The move comes as e-commerce and air cargo volumes have resulted to a growing demand for freighter aircraft. The company expects to purchase passenger plane feedstock at lower prices with itention to finance older aircraft through a mix of equity and debt. It plans to … [Read more...] about ST Engineering, Temasek set up cargo jet leasing venture
Kuehne+Nagel completes Apex acquisition
Kuehne+Nagel has completed the acquisition of Chinese forwarder Apex International with a purchase price of more than US$1.2 billion (CHF 1.1 billion), adding significant forwarding expertise, particularly on the transpacific and intra-Asia routes. The forwarder says it will offer customers a 'compelling' value proposition in the competitive Asian logistics industry, especially in e-commerce fulfilment, hi-tech and e-mobility. Also read: Kuehne+Nagel teams up with pharma distributor … [Read more...] about Kuehne+Nagel completes Apex acquisition
DHL Express dedicates flights to SGN, PEN
DHL Express is making minor tweaks to its air network in Asia Pacific to meet the ecommerce boom that has spread across the region, particularly in Vietnam and Malaysia. The express service provider will now operate direct flights to Penang (PEN) from its central Asian hub in Hong Kong (HGK), replacing the previous route connected via Ho Chi Minh (SGN). It will deploy its A300 for the Penang route five times a week and dedicate another A330 to serve SGN six times weekly. DHL said the … [Read more...] about DHL Express dedicates flights to SGN, PEN
Cainiao starts Zhengzhou-Budapest air cargo link
Cainiao Network has launched direct cargo flights last week between Zhengzhou and Budapest, Hungary to meet the growing consumer demand in Eastern Europe. The service, which started on 14 May, will operate five times each week with 17 tonnes of capacity each day. Cainiao, together with local customs bureau and logistics partners, has also developed a digitalised customs clearance system to cut the average process time to 6 hours. Hungary will be the first country in eastern Europe to use the … [Read more...] about Cainiao starts Zhengzhou-Budapest air cargo link
Polar Air Cargo obtains CEIV Pharma certification
Polar Air Cargo is set to fly more pharma shipments after the cargo operator and its sibling Atlas Air obtained the Center of Excellence for Independent Validators (CEIV) Corporate Pharma credential from IATA. In pursuing the credential, Polar Air Cargo adopted standard operating procedures and completed a multistep process to train ground and warehouse personnel, including its vendors. The certification is valid through 2024, which was granted with an independent audit. Lars Winkelbauer, … [Read more...] about Polar Air Cargo obtains CEIV Pharma certification
