Qatar Airways will resume three weekly flights to Helsinki on 29 July, to operate 22 weekly flights to the Nordic region, with daily flights to Oslo and Stockholm and five weekly flights to Copenhagen, the airline said in a press release. With the resumption of passenger flights to Helsinki, the airline will operate 39 weekly flights to the Nordic region, providing more than 1,400 tonnes of weekly cargo capacity each way. The airline mentioned that its logistics arm Qatar Airways Cargo … [Read more...] about Qatar Airways resumes Helsinki flights, adds 1,400 tonnes of weekly cargo capacity
air cargo
GEODIS gets Gary O’Connor as new managing director in Ireland
GEODIS named Gary O’Connor as new managing director for its Ireland operations effective June, announced a press release. Joining the team in the 20,000 sqm logistics facility at Dublin Airport Logistics Park, the new managing director will oversee the Group’s contract logistics, overland transport, freight forwarding, supply chain optimisation, express and parcel delivery services. GEODIS said that its growth strategy in the Irish market will be focused on developing business in the … [Read more...] about GEODIS gets Gary O’Connor as new managing director in Ireland
Lufthansa Cargo banks on CHAMP’s digital cargo solutions
Lufthansa Cargo extended its partnership with IT solutions provider CHAMP Cargosystems after renewing the use of CHAMP’s cargoHUB network and data management portal, announced a press release. The carrier, whose 2019 results saw €2.5 billion in turnover and €8.9 billion in revenue tonne-kilometers, will continue to benefit from the synergies and cargo insights of CHAMP’s TRAXON CDMP, a tool that measures over 40% of the worldwide Cargo iQ airline shipments. It will also be able … [Read more...] about Lufthansa Cargo banks on CHAMP’s digital cargo solutions
CEVA Logistics inks deal to operate IKEA’s Mexico warehouse
CEVA Logistics Mexico has been awarded a multi-year contract to operate a new dedicated warehouse to support IKEA Mexico’s operations in the country, stated a press release. The Mexico City IKEA Store will become the company’s first retail location in Latin America, and CEVA will be responsible for all operational activities of the new distribution centre (CEDIS). CEVA will utilize its Matrix IT platform to manage all warehouse processes. This new market is another addition … [Read more...] about CEVA Logistics inks deal to operate IKEA’s Mexico warehouse
Air cargo booking platform cargo.one bags $18.6 million in series A funding
Berlin-based cargo.one, which runs a platform and marketplace for booking air cargo, raised $18.6 million in series A funding led by Index Venture, the company said in a press release. Next47 and prior backers Creandum, Lufthansa Cargo and Point Nine Capital also joined in the round, along with angel investors from DST Global and Carlos Gonzalez-Cadenas (current COO of GoCardless and former-CPO of Skyscanner). With these fresh funds, the company plans to onboard new airlines, grow in … [Read more...] about Air cargo booking platform cargo.one bags $18.6 million in series A funding
Cargo uptick to lift Q2 earnings for South Korea’s airlines
Korean Airlines seems to be moving back to profitability as its cargo business does well and helps balance the loss of passenger traffic, JoongAng Daily’s Jin Min-ji reports. Amidst increasing freight rates and relatively lower fuel and labour costs, Korean Air Lines expects to report a net profit of KRW 149 billion (US$124 million) in the second quarter, according to Hanwha Investment & Securities. This would be a turnaround from the KRW 736.86 billion (US$616 million) net … [Read more...] about Cargo uptick to lift Q2 earnings for South Korea’s airlines
