Qatar's much delayed Hamad International Airport began its first cargo operations with Qatar Airways Cargo carrying a shipment for Qatar Petroleum from Europe to Doha on 1 December. The new cargo terminal, which is one of the largest in the world, has the capacity to move 5,700 shipments simultaneously and to handle 1.4 million tonnes of cargo per annum by 2015, representing a 75 per cent increase from the current airport. Passenger operations are … [Read more...] about Hamad Int'l Airport begins cargo operations
Air Forwarding
AAR aquires cargo loading assets of PFW Aerospace
AAR Corp. announced that its 100 per cent owned subsidiary, Telair International has signed a definitive agreement to purchase the cargo loading system assets of Speyer, Germany-based PFW Aerospace. AAR said the acquisition will enhance Telair's market position as one of the leading suppliers globally of cargo loading and baggage handling systems. Upon completion of a transition period after closing, Telair will transfer the assets to, and perform operations at, its Miesbach, Germany … [Read more...] about AAR aquires cargo loading assets of PFW Aerospace
DHL Express first to tranship at Shanghai Pudong
DHL Express has become the first international express company to handle transhipment cargo at its US$175 Million DHL North Asia hub in Shanghai which it opened last year. The global express giant undertook its first transhipment operation on the evening of 21 November involving approximately eight tonnes of transhipment cargo. DHL is so far the only international express company given a permit to pilot the movement of transhipment cargo at the Shanghai Pudong Airport. A senior DHL … [Read more...] about DHL Express first to tranship at Shanghai Pudong
Massive aid effort for Phil’s typhoon victims in high gear
International aid donations from countries, individuals and humanitarian agencies are rapidly building as rescue workers from around the world rush to the Philippines after the year’s most powerful typhoon – and perhaps the most powerful in recorded history – flattened buildings and unleashed storm surges that ravaged communities. The United Nations, the International Red Cross and other humanitarian agencies have “quickly ramped up critical relief operations to help … [Read more...] about Massive aid effort for Phil’s typhoon victims in high gear
Maersk misjudged container-shipping demand
The chief executive of Danish shipping group Maersk Line said recently that the company misjudged the strength in demand for container shipping, which has proved far more sluggish than it expected when it ordered billions of dollars' worth of new vessels two years ago. The world's biggest container shipper is now counting on the planned P3 cargo-sharing alliance with European rivals CMA CGM and Mediterranean Shipping Co. to cut costs and reduce the number of their ships plying major routes … [Read more...] about Maersk misjudged container-shipping demand
Modest growth, but most carriers operating at a loss
The Transpacific Stabilisation Agreement, which is made up of 15 major carriers, has recommended a general rate increase of US$400 per feu to come into force on November 15. The TSA said the GRI comes as shipping lines continue efforts to restore baseline freight rates for holiday shipments and the 2014 contract negotiating season, which typically come up for renewal at the start of May. TSA executive administrator Brian Conrad said: “The trade is seeing modest but healthy cargo … [Read more...] about Modest growth, but most carriers operating at a loss
