Thailand’s second largest air forwarder, Trans Air Cargo Co Ltd (TAC) is pushing ahead with electronic air cargo operations after having begun their transition to e-AWBs earlier this year and is now sending 400 to 500 AWBs per month electronically. “Continuous engagement with airlines on a local level is an important factor, as airline headquarters may be ready but that doesn’t mean their local offices are,” said Keree Chaichanavong, managing director, TAC. “Selecting the right technology … [Read more...] about Thailand’s 2nd largest forwarder making e-progress
air freighter
Yields down as much as -41% since 2008: WorldACD
With the topic of yields dominating any discussion about the current business environment, WorldACD has clearly demonstrated the dismal state of affairs through a comparison of USD-yields between June 2008 and June 2015, with not one single market showing a yield increase over that period. The good news first: North America to Asia Pacific saw the smallest yield decline at only -9 per cent. This contrasts with all of the other markets that saw decreases ranging from -22 per cent (Middle … [Read more...] about Yields down as much as -41% since 2008: WorldACD
China Airlines to launch Taipei-Melbourne-Christchurch
Commencing on 25 October 2015, Taiwan’s China Airlines will operate three weekly flights from Taipei‘s Taoyuan International Airport to Melbourne and then continue across the Tasman Sea to New Zealand's Christchurch using A330-300 aircraft. Operating on a seasonal basis until 26 March 2016, this route will complement China Airlines’ existing Taipei-Sydney-Christchurch service, which launched in December 2014 and also operates three times a week. Combined with the airline’s eight weekly … [Read more...] about China Airlines to launch Taipei-Melbourne-Christchurch
UPS confirms $1.8 billion Coyote acquisition
UPS has announced that it has entered into a definitive purchase agreement to acquire Coyote Logistics, a technology-driven, non-asset based truckload freight brokerage company for US$1.8 billion from its current owner Warburg Pincus. The US express and logistics giant said it expected to close the deal within 30 days to acquire Coyote, which was founded in 2006 and reported annual revenue of $2.1 billion in 2014. David Abney, UPS CEO said: “The brokered full-truckload freight segment is a … [Read more...] about UPS confirms $1.8 billion Coyote acquisition
Delta to invest US$450 million in China Eastern
China Eastern Airlines and Delta Air Lines have signed an agreement to expand their partnership and better connect Delta's global network with China Eastern, one of China's leading airlines. The agreement will include a US$450 million investment by Delta to acquire a 3.55 per cent stake in China Eastern. This move marks a significant step in the airlines' collaboration and partnership that will allow Delta and China Eastern to compete more effectively on routes between the US and China, … [Read more...] about Delta to invest US$450 million in China Eastern
Xiamen awards road feeder contract to Jan de Rijk
Xiamen Airlines has awarded a new three-year road feeder services contract to Jan de Rijk Logistics, extending its delivery network to over 100 airports across Europe. The new agreement enables the airline to offer a wide choice of destinations to customers, moving shipments on its flights between Europe and Asia. As of 26 July, Xiamen Airlines will start flying three times a week from Xiamen to Amsterdam Xiamen Airlines’ general manager of cargo, Gaorong Yang said: “Supported by Jan de Rijk … [Read more...] about Xiamen awards road feeder contract to Jan de Rijk
