Kerry Logistics’ net profit jumped 26 percent to HK$845 million (US$109 million) in the first six months, compared to the same period last year, despite experiencing a downturn in its warehouse business due to Covid-19. A shortfall in total logistics revenue was attributed to operating fewer warehouses in Hong Kong. As widespread lockdowns resulted to a drop in demand for non-essential products, the Hong Kong-based logistics provider said warehouse operations in Asia have been severely … [Read more...] about Kerry Logistics posts strong H1, backed by airfreight and e-commerce
Air Shipping Asia
Lufthansa Cargo says Frankfurt pharma hub ready for corona vaccine
With Frankfurt Airport handling around 120,000 tonnes of pharmaceuticals in 2019, airport operator Fraport and Lufthansa Cargo, along with other partners of the air cargo community at the site, said the state-of-the-art pharma hub in Frankfurt is well prepared to handle and ship temperature-sensitive goods—or a possible corona vaccine. Currently around 12,000 square metres of temperature-controlled handling capacity with direct apron access are available at Frankfurt Airport, with two thirds … [Read more...] about Lufthansa Cargo says Frankfurt pharma hub ready for corona vaccine
Virgin Atlantic to expand cargo-only services in Italy
Virgin Atlantic Cargo will start operating cargo-only flights twice a week between London Heathrow and Milan’s Malpensa Airport on 12 September, a press release confirmed. The carrier will offer up to 50 tonnes of cargo capacity each way between London and Milan using its Airbus A350 and Boeing 787 aircraft. The Australian cargo carrier said connections over London will allow next-day deliveries for products from New York to Milan, considered as one of the world’s fashion … [Read more...] about Virgin Atlantic to expand cargo-only services in Italy
Cainiao pilots Singapore-China airfreight route amidst booming e-commerce
Cainiao Smart Logistics Network is set to operate four weekly chartered flights between Singapore and Hangzhou, marking its maiden Singapore-China air freight route, in line with the company’s commitment to deliver globally within 72 hours, a press release confirmed. Cainiao says the new route was established to provide more stability in air freight given the lack of air transport amidst the pandemic. The Chinese logistics company is expecting increased cross-border e-commerce … [Read more...] about Cainiao pilots Singapore-China airfreight route amidst booming e-commerce
Scoot converts A320 passenger aircraft for cargo-only transport
Scoot modified one of its A320ceo passenger aircraft (9V-TAZ) to carry cargo only by removing all seats in the cabin, doubling its capacity to nearly 20 tonnes, a press release confirmed. The modified aircraft’s first cargo charter flight took off on 22 August from Fuzhou to Singapore. The aircraft transported a total of 13 tonnes of cargo in both the bellyhold and cabin, comprising mainly daily essentials, with four more flights scheduled for August. Scoot … [Read more...] about Scoot converts A320 passenger aircraft for cargo-only transport
DAMCO shows resilience as Beirut office restarts following port blast
Freight forwarder DAMCO relied on its business resilience (BR) programme to restart its Lebanon operations within 24 hours after the devastating blast at the Port of Beirut, the company said in a release. “The immediate concern was ‘what is the status of the team members? Are you safe?’,” said Zera Zheng, Head of DAMCO Business Resilience and Security. Thanks to communication channels put in place as part of the its business continuity plan, staff at the freight forwarder’s headquarters in … [Read more...] about DAMCO shows resilience as Beirut office restarts following port blast